HOME



Digby's Hullabaloo
2801 Ocean Park Blvd.
Box 157
Santa Monica, Ca 90405



Facebook: Digby Parton

Twitter:
@digby56
@Gaius_Publius
@BloggersRUs (Tom Sullivan)
@spockosbrain



emails:
Digby:
thedigbyblog at gmail
Dennis:
satniteflix at gmail
Gaius:
publius.gaius at gmail
Tom:
tpostsully at gmail
Spocko:
Spockosbrain at gmail
tristero:
Richardein at me.com








Infomania

Salon
Buzzflash
Mother Jones
Raw Story
Huffington Post
Slate
Crooks and Liars
American Prospect
New Republic


Denofcinema.com: Saturday Night at the Movies by Dennis Hartley review archive

January 2003 February 2003 March 2003 April 2003 May 2003 June 2003 July 2003 August 2003 September 2003 October 2003 November 2003 December 2003 January 2004 February 2004 March 2004 April 2004 May 2004 June 2004 July 2004 August 2004 September 2004 October 2004 November 2004 December 2004 January 2005 February 2005 March 2005 April 2005 May 2005 June 2005 July 2005 August 2005 September 2005 October 2005 November 2005 December 2005 January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 July 2009 August 2009 September 2009 October 2009 November 2009 December 2009 January 2010 February 2010 March 2010 April 2010 May 2010 June 2010 July 2010 August 2010 September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018


 

This page is powered by Blogger. Isn't yours?

Hullabaloo


Friday, March 18, 2011

 
Gearing Up For The Grand Bargain

by digby

60 Senators sent this letter to President Obama today:

Dear President Obama:

As the Administration continues to work with Congressional leadership regarding our current budget situation, we write to inform you that we believe comprehensive deficit reduction measures are imperative and to ask you to support a broad approach to solving the problem.

As you know, a bipartisan group of Senators has been working to craft a comprehensive deficit reduction package based upon the recommendations of the Fiscal Commission. While we may not agree with every aspect of the Commission’s recommendations, we believe that its work represents an important foundation to achieve meaningful progress on our debt. The Commission’s work also underscored the scope and breadth of our nation’s long-term fiscal challenges.

Beyond FY2011 funding decisions, we urge you to engage in a broader discussion about a comprehensive deficit reduction package. Specifically, we hope that the discussion will include discretionary spending cuts, entitlement changes and tax reform.

By approaching these negotiations comprehensively, with a strong signal of support from you, we believe that we can achieve consensus on these important fiscal issues. This would send a powerful message to Americans that Washington can work together to tackle this critical issue.

Thank you for your attention to this matter.

In addition to Johanns and Bennet, the letter was signed by the following Senators:
Republicans:

Lamar Alexander (R–TN), Kelly Ayotte (R-NH), John Barrasso (R-WY), Roy Blunt (MO), John Boozman (R-AR), Scott Brown (R- MA), Richard Burr (R -NC), Saxby Chambliss (R-GA), Dan Coats (R-IN), Tom Coburn (R-OK), Thad Cochran (R-MS), Bob Corker (R-TN), John Cornyn (R-TX), Mike Crapo (R-ID), Mike Enzi (R-WY), Lindsay Graham (R-SC) John Hoeven (R-ND), Kay Bailey Hutchison (R-TX), Jim Inhofe (R-OK), Johnny Isakson (R-GA), Ron Johnson (R-WI), Mark Kirk (R-IL), Mike Lee (R-UT), Jerry Moran (R-KS), Lisa Murkowski (R-AK), Rob Portman (R-OH),? James Risch (R-ID), Pat Roberts (R-KS), Richard Shelby (R-AL), John Thune (R-SD) and Roger Wicker (R-MS).

Democrats:
John Kerry (D-MA), Amy Klobuchar (D-MN), Ron Wyden (D-OR), Jeanne Shaheen (D-NH), Joseph Lieberman (ID-CT), Kay Hagan (D-NC), Mark Begich (D-AK), Thomas Carper (D-DE), Mark Udall (D- CO), Mark Pryor (D-AR), Dianne Feinstein (D-CA), Jon Tester (D-MT), Christopher Coons (D-DE), Ben Nelson (D-NE), Claire McCaskill (D-MO), Bill Nelson (D-FL), Joe Manchin (D-WV), Benjamin Cardin (D-MD), Al Franken (D-MN), Mary Landrieu (D-LA) , Kent Conrad (D-ND) , Mark Warner (D-VA), Richard Durbin (D-IL), Tom Harkin (D-IA), Herb Kohl (D-WI), Patty Murray (D-WA), Debbie Stabenow (D-MI), Jeff Bingaman (D-NM), Richard Blumenthal (D-CT), Tom Udall (D-NM) and Sherrod Brown (D-OH).


Looks like we've got us a Grand Bargain in the making.

Just keep in mind that "tax reform" and tax hikes aren't the same thing. In fact, if the unsuccessful deficit commission report (as predicted, used as the "new bipartisan baseline")is any guide, the things they will agree upon are the elimination of arcane loopholes which will swiftly be replaced by new ones and ending middle class breaks like the mortgage interest deduction. But don't let that get in the way of a glorious agreement that will really start hurting citizens long after most of these people are well in their retirements, comfortably counting their millions, or in their graves.

But golly, I sure hope it "sends a message" to the market Gods and so they'll cure everything that else ails us in the mean time as the Republicans and Obama's economic advisors are betting on. Otherwise, I suspect we're going to come up a bit short in the WTF department.

This is not looking good in my opinion. They are determined to push this and there is almost no energy directed toward cutting defense. Medicare is probably off the table because of the recent health care battle and the GOP's ruthless, hypocritical attack on Democrats. That leaves discretionary spending and Social Security, the issue which the country has been prepped to believe is going broke unless something is done.

The Democrats will pay the price for this, but I'd guess most of the people who signed that letter are fine with that. I'm not sure about the others. And if anyone thinks this is designed to get the president to cover for their "tough choices" they're cracked. This is about doing Obama's dream, the Grand Bargain that only wealthy millionaires and Villagers could love. There is no political upside for anyone but him --- and that's only because he's probably going to be running against some unelectable Tea Partying wingnut. The rest of these Dems may not be so lucky.


.