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With Deal Announced, The White House Makes It’s Case

So the final deal has been announced, pending approval by the House, and one of the key new pieces of the compromise is that the Congressional committee tasked with coming up with a second round of spending cuts in exchange for the later debt ceiling hike would be forced to act by the new “trigger.” In the event that the committee deadlocks, that trigger would force an even division of non-defense and defense cuts, and since the latter is anathema to Republicans, they would not have any incentive to deliberately sabotage the committee in order to force the deep entitlements cuts they want.

The White House’s argument is that even if the deal is far short of what liberals hoped for, Republicans have effectively surrendered the amount of leverage they were expected to have over entitlements cuts. Now that the committee — which is half Republicans and Democrats — will all but certainly advance a package of cuts in exchange for the later debt ceiling hike, the argument is that Democrats can live to fight it out another day on entitlements.

The White House is also arguing that the deal sets the stage for a re-litigation of the tax cut fight, and it’s now distributing talking points to outside allies that are heavily devoted to making that case on entitlement and taxes, an argument that seems designed to quiet angst and criticism among liberals:

* Expedited Process for Balanced Deficit Reduction: Puts in place a longer term process for additional $1.5 trillion in deficit reduction through a committee structure that will put everything on the table, including tax and entitlement reform. To prevent either side from using procedural tricks to prevent Congress from acting, the committee’s recommendations will receive fast track authority, which means they can’t be amended or filibustered.

* Sets the Stage for a Balanced Package Including Revenues: The American people and a growing number of Republicans agree that any deficit reduction package must be balanced and included revenue.

* Even Speaker Boehner was open to a deal with $800 billion in revenues, and nearly 20 GOP senators were supportive of the Gang of 6 framework, which had more than $2 trillion in revenue.

* If the Committee does not succeed in meaningful balanced deficit reduction with revenue-raising tax reform on the most well-off by the end of 2012, the President can use his veto pen to raise nearly $1 trillion from the most well-off by vetoing any extension of the Bush high income tax cuts.

By;: Greg Sargent, Washington Post-The Plum Line, July 31, 2011

August 1, 2011 Posted by | Budget, Class Warfare, Congress, Conservatives, Debt Ceiling, Debt Crisis, Deficits, Democracy, Democrats, Economy, GOP, Government, Ideologues, Ideology, Lawmakers, Middle Class, Politics, President Obama, Public, Republicans, Right Wing, Senate, Taxes, Teaparty | , , , , , , , , , , , , , | Leave a comment

Extortion Politics: A New Form Of Governing

Josh Marshall made an interesting point in passing yesterday, asking whether conservative Republicans could achieve massive spending cuts through “old-fashioned majority votes.” Josh answered his own question: “Of course not.” The cuts on the table were only made possible by Republicans “threatening the health” of the United States.

I think this arguably one of the more important realizations to take away from the current political landscape. Republicans aren’t just radicalized, aren’t just pursuing an extreme agenda, and aren’t just allergic to compromise. The congressional GOP is also changing the very nature of governing in ways with no modern precedent.

Welcome to the normalization of extortion politics.

Consider, for example, the Republican decision to reject any and all nominees to the Consumer Financial Protection Bureau, regardless of merit, unless and until Democrats accepted changes to the agency’s structure. Traditionally, if the GOP wanted to alter the powers of the CFPB, it would write legislation, send it to committee, bring it to the floor, send it to the other chamber, etc. But that takes time and effort, and in a divided government, this “old fashioned” approach to policymaking probably wouldn’t produce the desired result.

Instead, we see the latest in a series of extortion strategies: Republicans will force Democrats to accept changes to the agency, or Republicans won’t allow the agency to function. Jonathan Cohn wrote a good piece on this a couple of weeks ago, noting the frequency with which this strategy is utilized.

Republican threats to block nominees to the consumer board are at peace with their opposition to Don Berwick, Obama’s first choice to run the Center for Medicare and Medicaid Services; to Peter Diamond, whom Obama tapped to sit on the Federal Reserve Board; and most recently to John Bryson, Obama’s nominee to take over the Commerce Department. It’s nothing short of a power grab by the Republican Party — an effort to achieve, through the confirmation process, what they could not achieve through legislation. And it seems unprecedented, at least in modern times.

Republicans effectively tell the administration, over and over again, that the normal system of American governance can continue … just as soon as Democrats agree to policy changes the GOP can’t otherwise pass.

The traditional American model would tell Republicans to win an election. If that doesn’t work, Republicans should work with rivals to pass legislation that moves them closer to their goal. In 2011, the GOP has decided these old-school norms are of no value. Why bother with them when Republicans can force through policy changes by way of a series of hostage strategies? Why should the legislative branch use its powers through legislative action when extortion is more effective?

It’s offensive when it comes to nominees like CFPB nominee Richard Cordray, but using the full faith and credit of the United States to force through desired policy changes takes this dynamic to a very different level. And since it’s working, this will be repeated and establishes a new precedent.

Indeed, it’s a reminder that of all the qualities Republicans lack — wisdom, humility, shame, integrity — it’s their nonexistent appreciation for limits that’s arguably the scariest.

By: Steve Benen, Contributing Writer, Washington Monthly-Political Animal, July 31, 2011

August 1, 2011 Posted by | Class Warfare, Congress, Conservatives, Consumers, Democracy, Democrats, Elections, GOP, Government, Ideologues, Ideology, Lawmakers, Politics, Republicans, Right Wing, Teaparty, Voters | , , , , , , , , , , , , | Leave a comment

Blame For The Debt Ceiling Crisis Rests With Republicans

Are you watching your 401(k) drop? Are you seeing your retirement tank? Are you waiting for higher interest rates on your credit cards and mortgages? Are you nervous about another recession?

Well, thank the Republicans.

This debt crisis is totally of the Republicans’ making. From the beginning we should have had a clean vote—up or down—on the debt ceiling, just as Ronald Reagan and other presidents have done.

If Speaker John Boehner and the Republicans allow a default with  their last minute antics things are only going to get worse. That is  clear.

And the very notion of revisiting this silly scenario in six months  is absurd. For the life of me I can think of no quicker way to sink our  economy. Will that give confidence to the markets? Not a chance. Will it  result in a downgrading of our credit rating? In all likelihood it  will.

The sad truth is that without the Bush tax cuts for the wealthy,  without the oil and gas loopholes and, most important, without two wars  that the Republicans and Bush failed to pay for, we would be in the  black right now, or close to it.

Democrats will have to come up with a grand compromise, hurting many  segments of our society, to bail out the Republicans, much the way Bill  Clinton did in the 1990s. Revenues will have to be part of that package.  Hopefully, that can happen when cooler heads prevail and the Tea Party  stops their nonsense.

In the meantime, if the stock market continues to drop and Americans  are taken to the cleaners, pick up the phone and thank John Boehner and  the Tea Party Republicans for what they have done to your bank accounts  and your savings.

All this sound and fury comes out of the majority in the House and  not one bill on jobs, not one piece of legislation to help our economy.  Sad.

 

By: Peter Fenn, U. S. News and World Report, July 28, 2011

July 28, 2011 Posted by | Budget, Class Warfare, Congress, Conservatives, Consumer Credit, Consumers, Debt Ceiling, Debt Crisis, Deficits, Democracy, Democrats, Economy, GOP, Government, Government Shut Down, Ideologues, Ideology, Jobs, Lawmakers, Middle Class, Mortgages, Politics, Public, Public Opinion, Republicans, Right Wing, Teaparty, Wealthy | , , , , , , , , , , | Leave a comment

Rejecting The GOP’s ‘Hezbollah Faction’: Where Are The Sane Republicans?

I found a lot to disagree with in Thomas Friedman’s column today, but his criticism of the Republican Party’s base rings true.

The Tea Party … is so lacking in any aspiration for American greatness, so dominated by the narrowest visions for our country and so ignorant of the fact that it was not tax cuts that made America great but our unique public-private partnerships across the generations. If sane Republicans do not stand up to this Hezbollah faction in their midst, the Tea Party will take the G.O.P. on a suicide mission.

This strikes me as fair, and it got me thinking about a question a friend of mine asked me the other day: where are the “sane Republicans” willing to “stand up to this Hezbollah faction in their midst”? Where are Bob Dole and John Warner? Why can’t John Danforth and Colin Powell express their disapproval for what their party is doing? Maybe some of Reagan’s old guard, like Ken Duberstein, could speak up?

The party is not without elder statesmen and women. They couldn’t possibly see their party’s antics on Capitol Hill and feel a sense of pride. Maybe it’s time they say so?

A regular reader recently passed along this item from Robert Prather, published a week ago on the center-right Outside the Beltway blog, about his sense of what’s become of the GOP.

I’ve been moving to the left for a few years now, but these idiots are radicalizing me. I’ve never voted for a Democrat in my life (full disclosure: I didn’t vote the last two elections due to moving), but I doubt I’ll ever vote for a Republican again. They’re either stupid or evil, but either way they’re dangerous and bad for the country.

I don’t know much about Prather’s political background, and maybe he’s an anomaly. But shouldn’t there be a legion of Republicans — former office holders, party loyalists, life-long members, all of the above — who are sympathetic to this perspective?

We’re not talking about GOP officials taking a hard line on some random piece of legislation, or nominating some radical for a key public office. We’re talking about congressional Republicans who’ve decided to play a game of chicken with the full faith and credit of the United States — something no American institution has ever done in more than two centuries — and who are fully prepared to trash the constitutional principle next week as part of a hostage strategy gone horribly awry?

Are there no noteworthy Republicans watching this, willing to say, “My party is simply going too far”?

By: Steve Benen, Contributing Writer, Washington Monthly Political Animal, July 27, 2011

July 28, 2011 Posted by | Class Warfare, Congress, Conservatives, Constitution, Debt Ceiling, Debt Crisis, Democracy, Democrats, Dictators, Disasters, Economic Recovery, Economy, GOP, Government, Government Shut Down, Ideologues, Ideology, Lawmakers, Politics, Public, Republicans, Right Wing, Teaparty | , , , , , , , , , | Leave a comment

GOP’s Debt Ceiling Fight Is About Bringing Down Obama

Impeach  him.

Not the president. Barack Obama is holding a huge  global and domestic crisis in his hand. To use a Washington metaphor,  he’s dangerously close to being left “holding the bag” on the  Treasury debt ceiling limit. He keeps talking sweet reason about  the art of compromise to Republicans in Congress—not a language they speak.   Obama played golf with the House Speaker John Boehner, a Republican who  drones on about “small business” every chance he gets. Obama is  not getting traction or making friends with Boehner because he does  not grasp the conversation about the debt limit is not about the debt limit. It’s about taking his presidency down—this week—even if it hurts the  United States of America, which it will. A small price to pay for this  tea-drinking crowd of 87 GOP House freshmen which turned the chamber upside  down six months ago.

“This is no way to run the greatest country on  earth,” Obama  declared in a belated speech, sounding a call to arms around  the  country, last night. That in itself says so much—he’s right, but  he’s  the man who’s elected by the people—not John Boehner who was elected by a  small-town  slice of Ohio—to run the country! Everything was  calculated to leave  Obama in the lurch—by Boehner, House Majority  Leader Eric Cantor of the old  Confederate capital, Richmond, Va. and at  least one other mastermind. The  conspiracy has succeeded flawlessly so  far. They separated Obama from his  own party in Congress; in his  dealings with only Republicans he went way  beyond Bill Clinton’s  “triangulation” strategy. Obama made  allies feel like they were shut  out of the deal-making room when he  offered concessions that cut at the  heart of the Democratic Party‘s proud  history on social programs dating  to the New Deal.

The GOP—and I mean the George W. Bush years and the  current crop  of Senate Republicans, too—has a new deal for you, too. It’s  called  the New Steal. It goes like this: we’ll take all the peace and   prosperity of the Clinton tax code years up until 2000 and then squander  it on  a couple unwinnable wars of choice—and by the way, make rich  people pay less  into the Treasury than they did during those golden  years. They might start one  of those illusory “small businesses.”

The reason President Clinton was acquitted at his  impeachment trial  in the Senate for a fling with Monica Lewinsky was because he  built  bonds of loyalty, teamwork and camaraderie with Democrats in both houses   of Congress. Not one of them came forward on the floor to speak  against him,  except pious Sen. Joe Lieberman, who suggested a censure. He  was utterly alone in  his opportunistic little ploy. Clinton’s true  friends all stood by him in the  Senate—because he was their  president.

Obama, a bit of a loner, needs more bosom buddies  among lawmakers.  In a crisis, you find out who your friends are. The one  who could have  steered him straight, sailing into the wind, was the late great   senator, Edward M. Kennedy. When Kennedy got his Irish up and roared on   the floor, he scared the forest. Obama does not scare the Republican  jungle.

Let’s impeach Rush Limbaugh as the master of public  dis-coarse. He’s  the real reason we have so many angry white men in office who  are  plotting against the president. He’s writing the back-story of this   debt drama, consulting closely with House Republican leaders step by  step.  I believe it even if I can’t see it because he did the same thing  in  1994, in cahoots with Newt Gingrich, who recruited a new House  Republican  freshman class to take over the House. Yes, I saw Rush with  my own eyes  getting all the glory as class mascot at a fancy dinner at  Camden Yards in  Baltimore for the new Republican victors that enabled  Gingrich to become speaker. The government shutdowns and showdowns  against President Clinton  resulted—remember?

 

By: Jamie Stiehm, U. S. News and World Report, July 26, 2011

July 26, 2011 Posted by | Budget, Class Warfare, Congress, Conservatives, Debt Ceiling, Debt Crisis, Deficits, Democracy, Democrats, Economic Recovery, Economy, Elections, Federal Budget, GOP, Government, Government Shut Down, Ideologues, Ideology, Lawmakers, Politics, President Obama, Public, Republicans, Right Wing, Small Businesses, Taxes, Teaparty, Voters | , , , , , , , , , , , , , , | Leave a comment