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Thread: Budget deal in the works...

  1. #1
    Not the Walrus mikebeat1's Avatar
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    Budget deal in the works...

    Breaking news!!!
    Apparently Obama and Congressional leaders have been burning the midnight oil on this in secrecy.

    The Budget Deal To End All Obama Budget Deals Is Here. Read The Details.
    Thanks from BDBoop and MaryAnne

  2. #2
    Not the Walrus mikebeat1's Avatar
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    Appears to be a good deal of give and take in this. Too bad it took seven years to get to this point.
    Thanks from Friday13

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    Particularly like that the proposed 20% cut to SS disability insurance appears to not happen.
    Thanks from Friday13, BDBoop and mikebeat1

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    Not to mention no shutdown/default over the debt limit. I approve.
    Thanks from MaryAnne

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    Wawa Skittletits BDBoop's Avatar
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    Budget deal divides Hill Republicans - CNNPolitics.com
    Louisiana Republican Rep. John Fleming told reporters Boehner essentially "threw committee chairmen under the bus" and suggested this big deal was being dropped on members now because the committees failed to do their work.

    But, in Fleming's telling, House Budget Committee Chairman Tom Price, R-Georgia, pushed back, saying that he was in fact working on fiscal reforms but was told by leadership to stand down.

    Roughly 10 House conservatives got up and complained in the meeting about the process of cutting a major deal and rushing it to the floor without going through regular order, lawmakers said.

    Rep. Walter Jones, a conservative from North Carolina, said he still was waiting on the details -- but added that he "would not be blackmailed" into voting for a debt limit increase.

    And so the fun begins.
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    Veteran Member MaryAnne's Avatar
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    Yada,Yada, still working on it.

  7. #7
    Partisan Courtesan RosieS's Avatar
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    Quote Originally Posted by BDBoop View Post
    Budget deal divides Hill Republicans - CNNPolitics.com
    Louisiana Republican Rep. John Fleming told reporters Boehner essentially "threw committee chairmen under the bus" and suggested this big deal was being dropped on members now because the committees failed to do their work.

    But, in Fleming's telling, House Budget Committee Chairman Tom Price, R-Georgia, pushed back, saying that he was in fact working on fiscal reforms but was told by leadership to stand down.

    Roughly 10 House conservatives got up and complained in the meeting about the process of cutting a major deal and rushing it to the floor without going through regular order, lawmakers said.

    Rep. Walter Jones, a conservative from North Carolina, said he still was waiting on the details -- but added that he "would not be blackmailed" into voting for a debt limit increase.

    And so the fun begins.
    Oh, well! The Teepers don't have the numbers and can't get them from other House Republicans, so that is that.

    Next is electing Ryan Speaker and seeing how he handles his lunatic fringe.

    Regards from Rosie
    Thanks from Friday13 and BDBoop

  8. #8
    Veteran Member MaryAnne's Avatar
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    Democrats,along with reasonable Republicans in the House will sign on.

    The Senate has so many Republican seats up, they will vote Yea.

  9. #9
    Veteran Member PACE's Avatar
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    This bothers me, I see a loophole here


    A source familiar with the talks said the bill also makes an alteration to the president's health care law by repealing a provision that requires employers with more than 200 workers to automatically enroll employees into employer-sponsored health care coverage. This change mirrors legislation sought for by the business community, sponsored by Sen, Johnny Isakson (R-Ga.).


    There has to be measures taken to make sure that LLCs are not created and satellite to a mothership, like they do in Japan (Sumitomo) and in Germany (Zeiss Foundation), for as they operate as separate entities with limited number of employees they still benefit from the financial attributes of a mothership corporation.

    Sumitomo umbrellas countless companies in Japan, and they all claim to be 118 years old, because of that association.

    The Zeiss foundation encompasses a lot of smaller german firms and of course the Zeiss foundation is funded thru the German government, now the politics and the economics and how those economics tie into social fabric are different in Germany, but when you can claim under R&D, inventory as capital and get the benefit of the tax break, you are bending the rules too much.

    I am fine with the change to healthcare, as long as we take measures to make sure companies aren't using the LLC and the partially owned subsidiary ID to hide under the 200 employee mark.

    That has to be clear, the implications to the market are vast, at the very least it will create a highly volatile market for investors, and if the leanings on the right are privatization, then this kind of crack in the dam could lead to something they wouldn't want to have their name on.

    Regards
    Pace

  10. #10
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    My observations:

    #1. DAMN, but it is nice to see the fucking Aristocrats do their fucking jobs on occasion!

    #2. More spending, less cuts, no tax increases. That debt is going up, Up, UP!!!!!!

    #3. The GOP held out for THIS????

    #4. It DOES seem that the Nobles working on this deal ARE very interested in the parts that effect them, or their big money supporters, if not the Middle Class American Citizen.

    #5. At least they got something done: They have effectively kicked the issue down the road, so that someone else can deal with it. Until they get re-elected, at which point, they will discuss, debate, call each other names, then, come to a wonderful deal....where they kick the issue down the road.....

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