Hot Air has an analyzation of Senator Harry Reid’s debt limit bill, and if it is accurate, the word needs to go viral. We have heard only that Reid uses decreases in Military spending that will occur naturally as we draw, and should not be a part of spending cuts. That is astonishingly dishonest on it’s own merit, but there is more. To entice you read the piece by Tina Korbe: No budgets out of the Senate for two more years – the budgets will be “deemed” – budget for another two years and…
Reid’s bill boasts the largest debt increase in U.S. history — $2.7 trillion. Up to now, the most sizable increase has been $1.9 trillion (also an Obama increase). Debt ceiling increases might be routine — but hikes of this magnitude are not.
Karen at The Lonely Conservative says RINO (Republican in Name Only) Senator Scott Brown (Mass) will vote for Harry Reid’s plan, and shockingly, perhaps Senator John Thune, who thinks he might be able to improve the plan:
[Karen] …as if a crap sandwich can be made edible.
Olympia Snowe (ME), Susan Collins (ME), Bob Corker (TN), Mark Kirk (IL), Scott Brown (Mass), Lamar Alexander (TN), Lisa Murkowski (AK), Kay Bailey Hutchison (TX), Saxby Chambliss (GA), Mike Crapo (ID) and Tom Coburn (OK).
I believe Reid’s bill will want to take the debt limit increase out to some time in 2013, which means the debt limit increase will have to be at least twice what the Republican plan is, which goes out to Spring of 2012, I think, explaining the $2.7 Trillion (although I don’t know that is accurate).
Coburn is my Senator and I will try to contact him to ask about “deeming” the budget.