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Reid’s trillion dollar gimmick

By: Dan Spencer (Diary)  |  July 30th, 2011 at 12:13 PM  | 

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Harry “the only compromise is mine” Reid’s so-called budget cuts are based on the false assumption that we would keep spending the same amount on operations in Afghanistan and Iraq for ten more years even though President Obama has already started to withdraw our troops.

That’s right, the Reid plan is based on cutting spending that was not requested and will not be spent.

Congressman Paul Ryan explains this Democrat smoke and mirror budget gimmick:

Remember after the Obamacrats increased spending by 29%, it has now been It’s 822 days since the do nothing Senate Democrats last passed a budget.

The Senate Democrats refused to allow an up or down vote on the House-passed the Cut, Cap and Balance Act of 2011. The Obamacrats also refused to allow an up or down vote on a second House-passed bill that would raise the debt ceiling — the Budget Control Act of 2011.

Do the Democrats really fear losing reelection that much?

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  • msctex

    But their worst nightmare, whether they know it yet or not, has come to pass. People are actually paying attention, and shameless manipulations like this are being brought immediately to the light.

    And all it takes is one well-spoken, knowledgeable soul willing to call a spade a spade in public. Their whole house of marked cards comes crashing down at the hint of it.

  • banzaibob

    Do the Democrats really fear losing reelection that much?

    Yes they do.

    Just like their dear leader Obozo they don’t want to have a paper trail for their opponent to campaign on.

    After the debt ceiling battle is the 2012 budget. The Republicans must draw the line here or face doom in November.

  • e_rowe

    That’s a bit of a case of the pot calling the kettle black. Don’t you think?

    • johnt

      Please explain.

      • e_rowe

        That’s exactly what Ryan himself did, and exactly the kind of thing he has done over and over again throughout his tenure in the House. Notice that his name is not on the list of detractors (it never is).

        • Aaron Gardner

          You and McCain are the same.

          • e_rowe

            Paul Ryan and McCain are the same.

            I’m more in line with the people on the list of 22. How about you?

          • Aaron Gardner

            You and McCain get your kicks off of attacking Republicans, even Republicans who are going after the actual bad guys like Harry Reid.

            You have no credibility to attack any Republican.

          • e_rowe

            Paul Ryan has an R after his name, and that’s all that matters.

            That’s not where I’m coming from. I’m a principles guy, not a party guy. I don’t pretend otherwise.

            We both know, of course, that Ryan (and you) have no compunction about criticizing Republicans. But somehow when the Republicans being criticized are the ones trying to change the party, rather than the ones trying to entrench the big-government GOP establishment more deeply, then it becomes a good thing.

          • Aaron Gardner

            I have no problem criticizing Republicans when they are wrong. When they are attacking Democrats I tend to let that slide.

            Not you though, you make sure to give the Democrats cover. And they love you for it.

          • Aaron Gardner

            hmmmm?

          • e_rowe

            Precinct committeeman, dues paying member of my county party, have been involved in multiple campaigns going back to 1992.

            I just don’t look at the party and say, “I love you just the way you are.”

          • Aaron Gardner

            Have a good day providing cover for Harry Reid.

          • e_rowe

            McCain voted against Medicare Part D.

            You missed the logic of what I said, though, and it’s not because the logic was bad. The pot/kettle line was comparing the two on precisely the matter in which Ryan criticized Reid. This is how the phrase “pot calling the kettle black” is always used (at least by those who understand it). It has nothing to do with two people being alike in all respects.

        • johnt

          not a party guy, then you go on to proudly list your direct and official party connections. Should I take you seriously?
          I asked you to affirm or deny the sameness of Ryan and Reid, and if you would, justify it. As for example Ryan has never supported the death of a viable American Health care system & Reid has, as Ryan as never advocated the growth of $1.6 trillion deficits, but Reid has, as Ryan has not advocated cutting a $trillion in an ongoing war, but Reid has, I would dare say there are marked differences, enough to erase your “principled”, ahem, classification of pot/kettle identity between the two. Haven’t you noticed?
          But why am I doing your work for you?
          I’ll be back Sunday, this will afford you extra time to Google away.

  • amigag

    Reid’s plan is worse than anyone can imagine. He’s going to try to get this passed in the Senate ASAP and send it to the House ASAP.

    Since Congress is in session now, time is of the essence!!

    HotAir have all the sordid details. “Reid changing debt ceiling plan… thread.

    I’m starting to call/fax immediately, no time to waste!! I plan on contacting the Senate first, followed by the House. If this is passed, we are done.

    http://www.congressmerge.com/onlinedb/index.htm

  • Viator

    +$3.8 trillion, largest tax increase in American History in Reid?s bill

    ?Senate Majority Leader Harry Reid has said that his debt ceiling bill, in a bow to Republicans, includes no tax increases. But does it really?

    An analysis from the Republican Senate Budget Committee staff shows that Reid?s bill includes gimmicks that, if passed, would account for approximately $3.8 trillion in revenue ? or tax increases.

    The maneuvering is complicated; but when explained properly, it becomes clear.

    Reid?s proposal includes a provision that ?deems? budget resolutions for fiscal years 2012 and 2013, but Senate Democrats have not yet produced a 2012 budget proposal, much less one for 2013.

    Within those anticipated budget resolutions lie the tax increases, according to the analysis, and here is where it gets tricky.

    When the Congressional Budget Office scores a proposal, it uses either current policy or current law as its baseline. Reid?s bill is based on current law, which assumes certain tax breaks will expire according to pre-determined scheduled. That is a big deal.

    The 2001?2003 Bush tax cuts are set to expire at the end of 2012. And some business tax breaks, ?death tax? cuts, and the patch for the Alternative Minimum Tax expire at the end of 2011. Reid?s proposal assumes that Congress will not act to renew or extend those expiring tax breaks.

    The Alternative Minimum Tax patch is a tax that runs parallel to the regular tax code for high-income Americans. If a taxpayer falls within the right bracket (a high one), he must use the AMT to calculate his federal tax. The AMT targets items that are write-offs or tax-exempt for people in lower income brackets.

    Congress acts to ?fix? or raise the AMT patch every year, in order to ensure that it does not inadvertently include middle-class families.

    Reid?s proposal assumes Congress will not act to fix the AMT at the end of 2011.

    All told, the expired tax cuts would cost $3.8 trillion.

    According to the Republican staff analysis, the baseline is not the only gimmick in Reid?s proposal, but it could be the worst.?

    http://dailycaller.com/2011/07/30/analysis-says-reids-budget-plan-contains-gimmicks-that-could-result-in-tax-increases/#ixzz1TbisXTio%22Daily

    • acat

      (nothing further)

    • amigag

      I don’t know if he can get this passed in the Senate. There are a lot of Dems up for re-election in 2012; don’t know how many would want to commit suicide. That would be a shame if they voted for it and then the House would not pass it:-)

      Boehner wouldn’t dare to even schedule this for a vote, would he? All the criticism he’s been taking wouldn’t compare if he did that.

      Talk about a poison pill, Reid’s plan is it.

      Hopefully this evil can be stopped in the Senate.

      • izoneguy

        43 Senators Sign Letter Opposing The Reid Bill

        The only possible justification for a $2.4 trillion increase in borrowing authority is to allow the President to avoid any accountability for these issues before his 2012 election. It is by constantly putting off these tough decisions that we have found ourselves with a national debt nearly equal to the size of our gross domestic product. The time for action is now, we cannot wait until we accumulate another $2.4 trillion in debt.

        For all of these reasons, we must oppose your unprecedented $2.4 trillion debt limit amendment. Given the nation?s enormous future spending challenges, it would be irresponsible to give the President this unprecedented additional borrowing authority without requiring the enactment of significant spending reductions and reforms. We urge you to abandon this reckless proposal and instead pursue a more responsible course of action that would rein in spending, reassure the financial markets, and help promote private sector job growth.

        • lineholder

          Well done by the members of the Senate! Let’s see what Reid does with it.

          • izoneguy

            Before or after he is done golfing?
            I guess those 43 Senators won’t be invited to Obama’s big 50 BD bash??

        • amigag

          Bless you izoneguy for putting this up. Now, I can have a late lunch:-) since I have my appetite back.

          Aren’t there some R Senators missing from that letter? Scott Brown would be one I know. Oh, McConnell, since that would be a conflict:-)

          Glad to see we have 43 anyway for now. Hopefully, we can increase the number.

          • izoneguy

            Surprise, Surprise

          • Aaron Gardner

            Hope your pride was worth it.

  • earlgrey

    He has said he would support the Reid plan.

    • amigag

      That’s ok, I have his fax number. If they have that one shut off, I have his District #’s. I’ve been thru this before, not my first rodeo, LOL

    • rightwingmom52

      …

      • amigag

        Nicely said !!! When I fax him, I’ll include that gem, LOL

        Maybe I’ll ask for a refund for any money he received outside of MA.

        Nothing worse than an arrogant member of Congress.

      • http://jhpruitt.blogtownhall.com/ kipling

        I think I will send him some when the time comes.

        • Scope

          be taking one for the conservatives, and well worth it.

      • earlgrey

        I gave several hundred dollars to his election. Gee I hope I get a phone call from his campaign.

    • Scope

      winning the re-election, or not easily anyway. I would think that “Ted’s old seat” Democrats would be targeting Brown very heavily. They won’t make the same kind of Coakley mistake again in 2012. The only reason Brown won the special election was because he promised to be the 51 vote against Obamacare, which never did come back up for a vote once he was elected. Since then he has sided with the Democrats more often on some pretty major issues like banking reform. Now saying that he would support the Reid bill should be the icing on the cake. He was elected with the help of many many from around the country, and with some Tea Party support. That won’t happen again. Who would vote for him in 2012? the Democrats? Why vote for a Liberal with an R after their name when you can just for for a Liberal that will bring it all to the Liberals.

      • izoneguy

        Has his eye on a CNN job

        • Scope

          or maybe PMSMSNBC.

  • swami7774

    I won’t dignify the other one by mentioning his name.
    Brown is the best you’re going to get from this state. He’s with us 70% of the time.
    Would you purists prefer a 0% guy? Keep it up and that’s what you’ll get.
    And maybe if you succeed in defeating Brown, that will make the difference in controlling the Senate.
    Nose, meet face.

    • RichmondG30

      I guess the purists will be happy when Scott Brown is replaced by the next Ted Kennedy or John F. Kerry.

      Having lived in Massachusetts for more than ten years, I can tell you that state is a cesspool of leftists. It is nothing short of a miracle that they elected someone as “conservative” as Scott Brown. He is so far right of the political center of gravity in Massachusetts, it’s not even funny.