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Out Of Time, Debt Panel Still Lacks Votes

From a feigning disappointment New York Times:

Delaying Vote, Debt Panel Splits on Taxes and Spending

November 30, 2010

WASHINGTON — The chairmen of President Obama’s debt-reduction commission have been unable to win support from any of the panel’s elected officials for their proposed spending cuts and tax increases, underscoring the reluctance of both parties to risk short-term political backlash in pursuit of the nation’s long-term fiscal health.

The chairmen of the commission — former Senator Alan K. Simpson, a Republican, and Erskine B. Bowles, a Democrat and former chief of staff to President Bill Clinton — delayed for two days, until Friday, a final vote by its 18 members.

They said the delay was to provide more time to look at the final package, but it also gave them further opportunity to woo some of the 12 members of Congress on the commission, six from each party, whose support will be critical if the plan is to be taken seriously as a blueprint for eventual legislation…

The panel needs the agreement of 14 of its 18 members for its recommendations to go to Congress for a vote, a prospect that has been a long shot since it convened earlier this year

Funny, but we don’t recall this being described as "a long shot" before.

Among the lawmakers, the Republicans generally oppose the chairmen’s draft plan because of its tax increases for upper-income Americans. The elected Republicans on the panel are Senators Judd Gregg of New Hampshire, Tom Coburn of Oklahoma and Michael D. Crapo of Idaho, and Representatives Dave Camp of Michigan, Paul D. Ryan of Wisconsin and Jeb Hensarling of Texas.

The elected Democrats on the commission are resisting the scale of proposed reductions from future health care and Social Security programs, according to people familiar with the discussions. Those Democrats are Senators Richard J. Durbin of Illinois, Max Baucus of Montana and Kent Conrad of North Dakota, and Representatives Jan Schakowsky of Illinois, Xavier Becerra of California, and John M. Spratt Jr. of South Carolina.

While the three House Republicans are said by people involved in the deliberations to be unbending in their opposition to the blueprint developed by the chairmen, the three Senate Republicans are not. Similarly, except for Ms. Schakowsky, the Democratic House and Senate members are said to be still negotiating with one another and the chairmen toward some compromise

For the record, the original headline for this New York Times article was: ‘Obama Debt Commission Still Lacks Votes As Time Runs Out.’ Which points up what an utter failure the entire exercise was. – So naturally, it had to be toned down by the editors.

In reality, Mr. Obama’s much heralded debt panel has only proved that any effort to go about fixing the deficit through cafeteria style picking and choosing is doomed from the start. There simply are too many conflicting interests.

The only thing that will ever work is a simple across the board approach. Such as cutting all federal spending by 10% and cutting all taxes by 5%.

Yes, this will ‘lock in’ the bloated welfare state that the Democrats and especially Mr. Obama have done their best to expand as much as possible in recent years.

But we have to start somewhere.

This article was posted by Steve on Wednesday, December 1st, 2010. Comments are currently closed.

One Response to “Out Of Time, Debt Panel Still Lacks Votes”

  1. Liberals Demise says:

    Yes, Yes, Yes!!!
    The joke is out but no one is laughing. But where oh where will dingleBarry lay the blame? Before it was the unbending Conservatives but now……the arm twisting and midnight deals are out!!
    Bad apples are falling from the tree, eh Erskine? (the fox in the hen house)

    One bad apple does spoil the whole bunch in this case.

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