Recent

% | $
Quotes you view appear here for quick access.

General Electric Company Message Board

  • agolferbogie agolferbogie Feb 25, 2013 10:42 AM Flag

    Here quincyidiot, so you know Obama promoted the sequester...proves you are an idiot

     

    Associate Editor Bob Woodward, Washington Post - February 22, 2013

    "The automatic spending cuts were initiated by the White House and were the brainchild of Lew and White House congressional relations chief Rob Nabors — probably the foremost experts on budget issues in the senior ranks of the federal government. Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid (D-Nev.) on July 27, 2011.

    The final deal reached in 2011 included an agreement that there would be NO TAX INCREASES in the sequester in exchange for what the president was insisting on: an agreement that the nation’s debt ceiling would be increased for 18 months, so Obama would not have to go through another such negotiation in 2012, when he was running for reelection.

    So when the president asks that a substitute for the sequester include not just spending cuts but also new revenue, he is moving the goal posts. But that was not the deal he made."

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Obama already got tax increases on Jan 1. He got his tax the rich scheme. He went to the well once too often. DA SKY IS FALLING proves Obama is a complete bullsheet fool and should resign now. Completely ineffective bum for next 3 years. Gubment will have to function around dead weight public servant that is entitled and refuses to work.

    • Bob Woodward, paid FOX PROPAGANDA SHILL! Thanks for proving my point about your not having a credible news source!

    • Funny how the LIBTARDS choose to IGNORE the FACTS !!!!

      • 1 Reply to alwaysreadyinnyc
      • Jared Bernstein, 2/21/13:

        -- The sequester was part of the Budget Control Act, passed in 2011 with bipartisan support. In fact, a larger share of House Republicans voted for the bill than Democrats: 174 (73 percent) voted for it and 66 against, while Democrats were split 95-95. In the Senate, 28 Republicans voted for it and 19 against, while Democrats supported it 45-6.
        1. -- Voting in support of the bill that contained the sequester were Reps. Boehner, Ryan, Cantor and Sen. McConnell.
        -- Speaker Boehner said of the bill including the sequester: "I got 98 percent of what I wanted." Given their highly amped up disdain of the sequester now, I find it hard to believe that this was the 2 percent he didn't want.
        -- On the day of the vote, Rep. Paul Ryan explained the spending cuts in the bill to Sean Hannity, adding the following:
        "And if they breach that amount across the board, sequester comes in to cut that spending, and you can't turn that off without a supermajority vote. We got that in law. That is here..."
        -- Then there's the Powerpoint slide that the Daily Beast put up yesterday from Speaker Boehner in July of 2011 advertising the sequester as a selling point to his fellow Republicans: "[The bill] sets up a new sequestration process to cut spending across-the-board..."
        So, should we be calling this "Ryan's sequester?"..."Boehner's sequester?"
        No. We -- they -- should stop acting like truculent kids on the playground, get to work, and defuse their latest fiscal time bomb.

 
GE
26.10-0.02(-0.08%)Jul 31 4:00 PMEDT