Here is what is going to happen unless House Republicans stage an immediate revolt against their own House leadership. Mitch McConnell, Harry Reid, and Nancy Pelosi are going to win. They have managed to cut the legs out from under John Boehner and the House Republicans. In fact, the House Republicans have taken on all the appearances of Mitch McConnell’s basement gimp. I’m not sure | Read More »
Senate Minority Leader Mitch McConnell’s politically motivated plan to raise the debt limit “does nothing for the good of the country,” according to The Heritage Foundation’s David S. Addington, who outlined the think tank’s concerns on The Foundry this afternoon. “The McConnell Plan would put America deeper into debt and achieves nothing toward the vitally important objective of getting federal overspending and overborrowing under control,” | Read More »
We should be quick to praise and slow to anger. I know I frequently go to DEFCON1 quicker than many others, though they eventually get there. I try to be quick to praise too. And so it was today that I and others praised Mitch McConnell for signing on as a co-sponsor to Cut, Cap, and Balance. In my praise, I wrote, ” I can | Read More »
Today comes word that Mitch McConnell has signed on to the DeMint strategy of cutting, capping, and balancing the budget. Legislation has been introduced by the Republicans and they are calling it CCB, for “cut, cap, and balance.” With Moody’s statement yesterday that the nation’s credit is at stake and demanding a long term plan to deal with our debt, it seems McConnell’s own plan | Read More »
Moody’s Investor Services is sending out a pretty clear rejection of Mitch McConnell‘s “Pontius Pilate Pass the Buck Act of 2011.” Republicans and Democrats who are spinning it in favor of folding like a cheap suit and just raising the debt ceiling should pay attention. According to Moody’s, “the outlook assigned at that time to the government bond rating would very likely be changed to | Read More »
If it weren’t bad enough that Harry Reid is trying to make Mitch McConnell‘s ‘Pontius Pilate Pass the Buck Act of 2011″ acceptable to Republicans, you might want to consider that Nancy Pelosi congratulated Mitch McConnell on a job well done. Not kidding. Stephen F. Hayes, who my wife says is the best looking guy on Bret Baier’s panel other than Bret (yeah, I have | Read More »
Just how pathetic is Mitch McConnell‘s ‘Pontius Pilate Pass the Buck Act of 2011,’ his proposal to let the President automatically raise the debt ceiling by $2 trillion without any cuts so long as the GOP doesn’t get blamed? Harry Reid is intervening to make it more palatable to Republicans. Publicly, Senate Majority Leader Harry M. Reid (D-Nev.) left the door open to the idea. | Read More »
It’s so sad to see someone you admire lose all credibility serving as mouthpiece for the people who got us into this mess on our side. This was Fred Barnes on August 15, 2003, writing in the Wall Street Journal: IS PRESIDENT BUSH really a conservative? When that question came up this summer, the White House went into crisis mode. Bush aides summoned several of | Read More »
Editor’s note: I decided to make the title less incendiary. Consider the Associated Press’s headline right now: “GOP Leader McConnell proposes giving Obama new power for automatic debt limit increase” ————————————Mitch McConnell is right now talking about making a historic capitulation. So fearful of being blamed for a default, McConnell is proposing a compromise that lets Barack Obama raise the debt ceiling without making any | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Pejman Yousefzadeh and Elizabeth Blackney to discuss what a debt ceiling deal might look like, if Republicans should even take it, and what impact it may have on 2012. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss the impending debt ceiling deadline, Mitch McConnell bowing to the Democrats, and how Francis would solve the problem. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at | Read More »
This is really pitiful. The Senate will most likely vote on Senator Menendez’s legislation today to punish the American people, drive up the cost of gasoline, and do so in the name of sticking it to oil companies. Tomorrow, Senator McConnell is going to offer a Republican alternative that doesn’t suck as bad, but will still punish consumers, oil drillers, and the free market. The | Read More »
It never ceases to amaze me that so many self-described conservatives will defend Mitch McConnell and the GOP Senate Leaders to the hilt when it comes to their treatment of Senate conservatives. Last night, I noted that Mitch McConnell had snubbed Jim DeMint by putting Richard Burr in the Finance Committee. “But wait,” whined the alleged conservative defenders of McConnell. “Richard Burr had seniority.” Well | Read More »
So let’s get this straight. There’s vacancy on the Senate Finance Committee. Tom Coburn is the only significant fiscal conservative on the committee. Senator Richard Burr (R-NC) had the seniority to get the job, but: “Oh gosh, I’ve got all the stuff I can stand,” Burr told The Hill when asked last week whether he was interested in the spot. Burr’s spokeswoman said last month: | Read More »
Last week, Nevada Senator John Ensign resigned his seat, creating a vacancy on several Senate committees. While Congressman Dean Heller will fill Ensign’s Senate seat, a member with more seniority will be appointed to his coveted slot on the Senate Finance Committee. The Finance Committee is considered a prized “Super-A committee” due to the extent and relevance of its jurisdiction, which includes trade, taxes, Social | Read More »
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