A Tea Party Triumph

[UltimateHoboW/Shotgun]

http://online.wsj.com/article/SB1000...492061150.html

The framework (we haven't seen all the details) calls for an initial step of some $900 billion in domestic discretionary cuts over 10 years from the Congressional Budget Office (CBO) baseline puffed up by recent spending. If the cuts hold, this would go some way to erasing the fiscal damage from the Obama-Nancy Pelosi stimulus. This is no small achievement considering that Republicans control neither the Senate nor the White House, and it underscores how much the GOP victory in November has reshaped the U.S. fiscal debate.

Not bad for a bunch a "Ya-hoos".

[W*GS]

Where are the cuts to the military?

[Smiling Assassin27]

On the plus side, without the Tea Party, Washington wouldn't even be TALKING about responsible spending, responsible tax reform, or debt ceilings. This has all been a foregone conclusion in perpetuity until these 'nuts' showed up with some principles and a hammer. Guys like Rand Paul, Marco Rubio, and Jim DeMint really had impressive showings in this whole thing. The Tea Party had a real and substantive effect on the way government does business giong forward and I think it'll translate into better election numbers for them as I think they learned that they can't run folks like O'Donnell and Angle who lack coherence, knowlege, and common sense.

The fact that they 'held hostage' the GOP and Congress in general is a testament to their passion and smarts, not a proof that they're dumb neanderthals. Much of America identifies with them on many issues, no matter how much Bill Maher cracks on 'em. When a boob like Obama or Reid calls you a 'financial terrorist', you take it as a compliment.

On the negative side, the Tea Party didn't take this where it needed to go--Cut Cap and Balance. I realize that their political power only goes so far--and that it will likely get stronger in time--but that's the only disappointment apart from giving this President a reprieve so he can work to get himself elected.

[alkemical]

I wonder how 900$Billion over ten years, really translates with inflation.

[Garcia Bronco]

Originally Posted by alkemical

I wonder how 900$Billion over ten years, really translates with inflation.

basically. that needs to be cut NOW along with another trillion. To put it another way, 900 billion is less than our currently yearly deficit.

[TheDave]

Originally Posted by alkemical

I wonder how 900$Billion over ten years, really translates with inflation.

With an annual deficit of well over $1 trillion... $90 billion in annual cuts (almost all in later years) hardly qualifies as a victory for fiscal conservatives.

I guess it just shows how hopelessly low the political bar really is.

[Garcia Bronco]

Originally Posted by TheDave

With an annual deficit of well over $1 trillion... $90 billion in annual cuts (almost all in later years) hardly qualifies as a victory for fiscal conservatives.

I guess it just shows how hopelessly low the political bar really is.

It was a 300 billion dollar yearly deficit in 2006. Which is bad. Since 2007 it's gone up to 1.3 trillion per year.

[TheDave]

Originally Posted by Garcia Bronco

It was a 300 billion dollar yearly deficit in 2006. Which is bad. Since 2007 it's gone up to 1.3 trillion per year.

I know... and now we are calling $90 billion in cuts a victory for hard line fiscal conservatives. It's a joke.

Now in fairness I think it is economic suicide to make any significant cuts this year but these cowards (all of them) not using this as a opportunity to completely revamp the tax code and put together a real long term budget plan is just unforgiveable.

[epicSocialism4tw]

Originally Posted by Smiling Assassin27

On the plus side, without the Tea Party, Washington wouldn't even be TALKING about responsible spending, responsible tax reform, or debt ceilings. This has all been a foregone conclusion in perpetuity until these 'nuts' showed up with some principles and a hammer. Guys like Rand Paul, Marco Rubio, and Jim DeMint really had impressive showings in this whole thing. The Tea Party had a real and substantive effect on the way government does business giong forward and I think it'll translate into better election numbers for them as I think they learned that they can't run folks like O'Donnell and Angle who lack coherence, knowlege, and common sense.

The fact that they 'held hostage' the GOP and Congress in general is a testament to their passion and smarts, not a proof that they're dumb neanderthals. Much of America identifies with them on many issues, no matter how much Bill Maher cracks on 'em. When a boob like Obama or Reid calls you a 'financial terrorist', you take it as a compliment.

On the negative side, the Tea Party didn't take this where it needed to go--Cut Cap and Balance. I realize that their political power only goes so far--and that it will likely get stronger in time--but that's the only disappointment apart from giving this President a reprieve so he can work to get himself elected.

There are reasons why the leftists and the leftist media constantly try to slam the Tea Party.

Its because they are a threat to the cash cows of their party. Same goes for the Republicans.

[epicSocialism4tw]

Originally Posted by TheDave

I know... and now we are calling $90 billion in cuts a victory for hard line fiscal conservatives. It's a joke.

Now in fairness I think it is economic suicide to make any significant cuts this year but these cowards (all of them) not using this as a opportunity to completely revamp the tax code and put together a real long term budget plan is just unforgiveable.

Absolutely.

[Smiling Assassin27]

This guy impressed me much as well:

[epicSocialism4tw]

Apparently Moody's was always going to downgrade our credit rating unless we cut something like 8-9 Trillion from the budget. The debt ceiling had nothing to do with it.

Its incredible how these politicians can lie and scheme and create these "solutions" to serious problems and think that they can just have their media people parrot some propaganda and that everything will be okay. The DOW fell today. That sure sounds like instilled confidence, doesn't it? Yikes.

It's looking more and more like the Tea Party has been right all along and that these scum bag politicians have been just trying to keep a hold onto their cash cows. Incredible.

[W*GS]

The teanderthals are trailer park nihilists, that's all.

[Tombstone RJ]

The Tea Party is the only bright spot in DC. It's funny how the lefty librals call them extremists when the Tea Party asks for things like a balanced budget.

Yah, them crazy teabaggers are just nutso, holding all of us 'mercans hostage!!!!

[epicSocialism4tw]

Originally Posted by Tombstone RJ

The Tea Party is the only bright spot in DC. It's funny how the lefty librals call them extremists when the Tea Party asks for things like a balanced budget.

Yah, them crazy teabaggers are just nutso, holding all of us 'mercans hostage!!!!

How dare they ask for a balanced budget! Theys just-a tryin' ta run gramma off a cliff!

[Garcia Bronco]

Originally Posted by TheDave

I know... and now we are calling $90 billion in cuts a victory for hard line fiscal conservatives. It's a joke.

Now in fairness I think it is economic suicide to make any significant cuts this year but these cowards (all of them) not using this as a opportunity to completely revamp the tax code and put together a real long term budget plan is just unforgiveable.

I can't agree with your more.

[Smiling Assassin27]

Originally Posted by Tombstone RJ

The Tea Party is the only bright spot in DC. It's funny how the lefty librals call them extremists when the Tea Party asks for things like a balanced budget.

Yah, them crazy teabaggers are just nutso, holding all of us 'mercans hostage!!!!

But, but, they spat on a black Democrat, called him the N-word, beat up a bunch of hippies that were peacefully smoking dope near their demonstration, were born with genetically mutated chromosomes, eat their own children, enslave women and traffick them to Fidel Castro, and perform exorcisms on Daily Show Staff at Comedy Central.

[UltimateHoboW/Shotgun]

Originally Posted by Smiling Assassin27

This guy impressed me much as well:

QFT!!!

[Bronco Yoda]

A victory for the tea party masters.... the ultra rich. Everyone else can suck it I guess.

[elsid13]

Is that why they all voted against it?

[Spider]

Originally Posted by elsid13

Is that why they all voted against it?

I was wondering when someone was going to point this out

[Requiem]

Check the voting record you stupid ****.

[cutthemdown]

Originally Posted by W*GS

Where are the cuts to the military?

They are working at coming up with a list of programs and bases in heavily democratic areas to slate for shutdown.

[That One Guy]

Originally Posted by elsid13

Is that why they all voted against it?

I was wondering about that.

It's great that the Tea Party folk are highlighting the subject and drawing attention to it but if they continue to absolutely say no to everything, they risk alienating themselves and forcing Boner to start working with the Ds to get the votes he needs.

Boner surely values his position and influence over a group in individuals he sees as back-stabbing obstructionists.

[That One Guy]

Originally Posted by W*GS

Where are the cuts to the military?

It seemed like that was involved and not completely off the table. I think I saw 1:1 non-defense:defense cuts and something about if the new committee doesn't find the appropriate cuts, it could cut into defense somehow. It was really confusing and I didn't get it all but it seemed like the realization was there and people were going after it. It's the prized possession for some but it'll topple in due time.