The Mudcat Café TM
Thread #139355   Message #3199655
Posted By: Bobert
01-Aug-11 - 09:47 AM
Thread Name: BS: The Republican Default Crises
Subject: RE: BS: The Republican Default Crises
Chill, ya'll...

The Te3a Party came to this gun fight with only one bullet in their gun and they have fired it...

Watch the conversation change once Obama signs this bill...

The Tea Party has shot it's wad... They have spent whatever political capital they had here... Only the rabid radicals are behind them... The adults will take over from here...

And, as I understand this 50% of the initial $1T (over 10 years, folks) will come outta Defense... That leaves $50B a year from "everything else"...

Here's another point that I believe is part of this bill... The 2nd round of "cuts" to be negotiated by a bi-partisan commission/committee will be tasked with reducing the "deficit" by $1.5T which can and very well may include revenues... That's the way I understand it at this point... It will be much clearer in the coming days but if that is the case then the conversation is going to change drastically in the coming days, weeks and months...

No matter, the Dems are well positioned to run on revenues for 2012...

B~