Take a moment.
Now, if you have not figured it out, here is what is missing: there are no stories reviewing the Obama/Reid plan. Why? Because the CBO (Congressional Budget Office) has only received one plan to score and that is the House plan to "cut, cap and . . . . .," whatever.
Understand that it is not a "plan" if the so-called cuts are not spelled out, if the plan has not been submitted to the Budget Office for a financial review called "scoring." Lets not forget that in February of this year, Obama came up with a plan that promised to cut 400 billion dollars over the course of ten years which is 40 billion per year. The interest on our debt is approximately 30 billion PER MONTH. The Obama/February plan was such a ridiculous presentation that it failed in the Senate by an embarrassing margin of 97 to 0. No one voted for the thing. Not one Democrat; not one Republican; not a single White House janitor or any member of the Obama family. NO ONE. I believe this might be the first time in history that a Presidential budget proposal failed to garner a single Senate vote. He tried it again in April and the CBO refused to score it, saying "We cannot estimate a speech." And now, this clown in our White House is indicating that he is willing to take this nation over the edge because he thinks he wins if he can manufacture a crisis. He alone makes the decision to default. Keep that in mind.
He is doing nothing. That is the fact and the lack of headlined stories reviewing his efforts is proof of what we are saying.
CBO: John Boehner's debt bill comes up short — On the eve of a House vote, new cost estimates from the Congressional Budget Office could pose a problem for Speaker John Boehner as he tries to rally conservative support for his two-step plan to raise the federal debt ceiling and avert default next week.
Discussion: CNN, Weasel Zippers, Outside the Beltway and The Note
RELATED:
Andrew Malcolm / Top of the Ticket:
New polls confirm Obama's Democratic base crumbles — With all of the spotlights on the high-stakes debt maneuverings by President Obama and Speaker John Boehner the last few days, few people noticed what Vermont's Sen. Bernie Sanders said: — “I think it would be a good idea if President Obama faced some primary opposition.”
Discussion: The Moderate Voice, The Note, Washington Post, NewsBusters.org, Riehl World View, Pajamas Media, NewsBusters.org blogs, Scared Monkeys, Betsy's Page, Politics, Patterico's Pontifications, Questions and Observations, americanthinker.com, The Gateway Pundit, AMERICAblog News, Hot Air, Red Dog Report, RedState, Vox Popoli and iOwnTheWorld.com
Erik Wasson / The Hill:
Boehner to rework his debt-ceiling bill — Speaker John Boehner (R-Ohio) will rework his two-step plan to raise the debt ceiling after the Congressional Budget Office (CBO) found the bill would not cut as much spending as promised. — “We're here to change Washington - no more smoke-and-mirrors …
Discussion: ThinkProgress, nation.foxnews.com and RedState
The Hill:
Cantor tells GOP to ‘stop whining’ about Boehner debt-ceiling plan — Majority Leader Eric Cantor (R-Va.) on Tuesday bluntly told House Republicans to stop “grumbling and whining” about Speaker John Boehner's (R-Ohio) new proposal for a limited debt-limit increase.
CBO's Latest 10 Documents:
ANALYSIS OF THE IMPACT ON THE DEFICIT OF THE BUDGET CONTROL ACT OF 2011 AS PROPOSED IN THE HOUSE — The Congressional Budget Office has estimated the impact on the deficit of the Budget Control Act of 2011, as posted on the Web site of the Committee on Rules on July 25, 2011. The legislation would:
Discussion: National Review, Daily Kos and Booman Tribune
Charles Babington / Associated Press:
House GOP to rework budget plan after new estimate
House GOP to rework budget plan after new estimate
Discussion: Alan Colmes' Liberaland, Daily Kos and The Caucus
Washington Times:
House GOP revolts against Boehner plan
House GOP revolts against Boehner plan
Discussion: Weasel Zippers, Red Dog Report and Associated Press
Steve Benen / Washington Monthly:
Boehner's truth allergy
Boehner's truth allergy
Discussion: Washington Post, The New Republic, ThinkProgress, ourfuture.org/blogs_chrono/* and Daily Kos
Alicia M.Cohn / The Hill:
Boehner says his plan's deficit committee will not raise taxes
Boehner says his plan's deficit committee will not raise taxes
Discussion: Washington Post, The Hill, The Note, The Democratic Daily, Little Green Footballs, CNN and Jared Bernstein
The Note:
Michele Bachmann Opposes Boehner Debt Plan: ‘The Premise Is Wrong’
Michele Bachmann Opposes Boehner Debt Plan: ‘The Premise Is Wrong’
Discussion: Pajamas Media, TPMDC, Political Punch, HotAirPundit and The Hill
Allahpundit / Hot Air:
Oof: CBO says Boehner's bill would save less than $1T over 10 years …NEW!
Oof: CBO says Boehner's bill would save less than $1T over 10 years …NEW!
Discussion: National Review and Weasel Zippers
Nancy Scola / The Atlantic Online:
With Call to Action, Obama Brings Down the House
With Call to Action, Obama Brings Down the House
Discussion: The Daily Pulp, The Huffington Post and Prairie Weather
Greg Sargent / Washington Post:
Dems plot the endgame in debt limit fightNEW!
Dems plot the endgame in debt limit fightNEW!
Discussion: NationalJournal.com, Daily Kos, The Hill, Roll Call, National Review, The Caucus and Hot Air
Daniel Stone / Yahoo! News:
Analysis: U.S. credit downgrade ‘inevitable’NEW!
Analysis: U.S. credit downgrade ‘inevitable’NEW!
Discussion: YID With LID and Hot Air
Wall Street Journal:
Big GOP Bloc in House Opposes Boehner's Plan
Big GOP Bloc in House Opposes Boehner's Plan
Discussion: Pajamas Media, Gretawire and Political Punch
Gschwarzcnn / CNN:
TRENDNG: Cantor: ‘The debt limit vote sucks’
TRENDNG: Cantor: ‘The debt limit vote sucks’
Discussion: The Politico, The Atlantic Online and The Note
New York Post:
Bam's Desperation — President Obama likes to present himself …
Brian Beutler / TPMDC:Bam's Desperation — President Obama likes to present himself …
Discussion: The Atlantic Online and National Review
NOPE! Top House Conservatives Says Boehner Lacks Sufficient GOP Support To Raise Debt Limit
Discussion: Talking Points Memo, Firedoglake, Washington Post, Washington Monthly, The New Republic and The Politico
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