Reid Caught In ANOTHER LIE!!!

[Mike]

CBO Finds Reid Plan Half A Trillion Short Of $2.7 Trillion Promised; Actual Cuts Are $375 B
Zero Hedge | 7/27/2011 | Tyler Durden


Yesterday, we roasted Boehner over his proposed deficit-cutting plan after it was discovered that it cut about $250 billion less than had been promised. Now it is time to do the same to Harry Reid, after the CBO has just released its analysis of his so-called "plan", which has double the credibility, and dollar, hole: per the CBO the plan will only generate $2.2 trillion in savings, half a trillion short of the promised $2.7 trillion.

But wait, it gets far, far more idiotic. Per the CBO "The caps on appropriations of new budget authority excluding war-related funding start at $1,045 billion in 2012 and reach $1,228 billion in 2021" - that's right: savings from not fighting future wars - a cool trillion. But why stop there - savings from not declaring war on Mars: $1 quadrillion; savings from not paradropping suitcases full of $1 billion dollar bills for every US citizen: $333 quadrillion, and so forth.

But wait: there's more: "The legislation also would impose caps of $127 billion for 2012 and $450 billion over the 2013-2021 period on budget authority for operations in Afghanistan and Iraq and for similar activities."

But wait, there' even more: "Savings in discretionary spending would amount to nearly $1.8 trillion, mandatory spending would be reduced by $41 billion, and the savings in interest on the public debt because of the lower deficits would come to $375 billion."

Gotta love the circularity: less interest payments are part of the actual deficit cuts! So, here's the math: of the $2.2 trillion in "savings" strip away non-savings from non-authorized "wars" and you get... $750 billion... and take out the $375 billion in, no really, interest savings, and you get... $375 billion. OVER TEN YEARS! Is there a wonder why with idiotic leaders like this the true US rating is CCC at best?

Here is how the Reid plan looks in paper:

http://www.zerohedge.com/news/cbo-finds-reid-plan-half-trillion-short-27-trillion-promised-actual-cuts-are-375-billion-over-t

 

[hypocritexposer]

I'm sure OT will be posting how Reid's lie was bigger than Boeghner's and Jingo2 will post about how bad Reid's math skills are.


:lol: :lol: :lol: :lol:

 

[Anonymous]

I'm sure OT will be posting how Reid's lie was bigger than Boeghner's and Jingo2 will post about how bad Reid's math skills are.


:lol: :lol: :lol: :lol:

Its just comical how in your bias and this boards bias-- when a Dem makes a mistake in their figures its a LIE-- but when a Repub does the same its just a little OOOPS.... :wink: :lol: :lol:

But most folks that aren't cult brainwashed are seeing thru it....

News reporting is fixated on the D.C. beltway scheming, beaming pictures of government officials zipping in and out of meetings with occasional public comment. Meanwhile, the public is already reaching a verdict, and it is a harsh one -- the Republican Party is out of step with the country's fiscal priorities.

As its handling of the debt limit debate tarnishes the GOP's national brand name, President Barack Obama may inadvertently be limiting the damage to the opposing party.

The GOP's insistence on reducing U.S. debt solely by making cuts to government programs is unpopular and increasingly so -- less than a fifth of Americans favor this approach as opposed to 56% who favor a combination of spending cuts and tax hikes (that's a 10 percentage point jump as the debt ceiling debate has played out since early June).

The public's views are so lopsided that the president has been trumpeting these results, though his claims to speak for majorities of Republicans are debatable (only 37% favored the combo approach in a recent CNN poll).


Judging from the reticence of GOP frontrunner Mitt Romney to jump into the center of the fray, it's not lost on Republican strategists that a lopsided 65% of independents favor the combination spending/tax approach.

At a time when Obama's standing might be expected to be sagging as economic doldrums persist, Republicans have handed him a boost. Over the past several months, Obama received more credit for behaving responsibly on the budget, rising from 46% to 52%, while the GOP's already poor standing for fiscal irresponsibility inched up from 60% to 63%.

Just over a half of the country is ready to blame the GOP for failing to raise the debt ceiling as compared with 30% who would blame Obama.

Gergen: Washington slouching toward a solution?

One of the most politically damaging aspects of the debt ceiling debate for Republicans is that their fiscal priorities are at odds with super-majorities of Americans. About three-quarters favor raising taxes on the rich and clawing back tax advantages for oil and gas companies and the private jets owned by businesses. Meanwhile, the GOP's open campaign to substantially scale back spending on Social Security and Medicare and restructure those programs is opposed by more than 8 out of 10 Americans.


It is rare to see a major political party this visibly and demonstrably take on and defy vast majorities. Put another way: If Democrats moved against a split or oppositional public in passing health reform in March 2010, the Republicans are now engaging in the Full Monty of defiance.

One consequence is that Americans have lost trust in the GOP's ability to handle one of the government's most popular programs, Medicare.

While trust in Obama and congressional Republicans was at parity in May, the GOP is now lagging far behind -- only 37% believe it will do a better job handling Medicare compared with 50% who look to the president. This may be a leading indicator of how seniors and their supporters will vote next year.

It should come as no surprise that the Republican Party's general standing has taken a hit. For sure, neither party is popular -- the Democratic and Republican parties started out the spring with Americans split in whether they favor each or not. But the ferocious debt ceiling debate is now cratering the GOP's standing -- 55% now express unfavorable views (as compared to 48% in March) -- while the public remains split over the Democratic Party.

 

[Tam]

Gimmicks and fancy accounting tricks are what the Dems do best, right after LIEING. But you can bet the Liberal bias media will bury this story to protect the Dems and Obama and blame everything on the Republicans :x

 

[hypocritexposer]

I'm sure OT will be posting how Reid's lie was bigger than Boeghner's and Jingo2 will post about how bad Reid's math skills are.


:lol: :lol: :lol: :lol:

Its just comical how in your bias and this boards bias-- when a Dem makes a mistake in their figures its a LIE-- but when a Repub does the same its just a little OOOPS.... :wink: :lol: :lol:

But most folks that aren't cult brainwashed are seeing thru it....

I should have used quotation marks around "lie". I was saying it sarcastically to show that you were the one that called it a lie, when it came to Boehner.

 

[hypocritexposer]

I'm sure OT will be posting how Reid's lie was bigger than Boeghner's and Jingo2 will post about how bad Reid's math skills are.


:lol: :lol: :lol: :lol:

Its just comical how in your bias and this boards bias-- when a Dem makes a mistake in their figures its a LIE-- but when a Repub does the same its just a little OOOPS.... :wink: :lol: :lol:

But most folks that aren't cult brainwashed are seeing thru it....

News reporting is fixated on the D.C. beltway scheming, beaming pictures of government officials zipping in and out of meetings with occasional public comment. Meanwhile, the public is already reaching a verdict, and it is a harsh one -- the Republican Party is out of step with the country's fiscal priorities.

As its handling of the debt limit debate tarnishes the GOP's national brand name, President Barack Obama may inadvertently be limiting the damage to the opposing party.

The GOP's insistence on reducing U.S. debt solely by making cuts to government programs is unpopular and increasingly so -- less than a fifth of Americans favor this approach as opposed to 56% who favor a combination of spending cuts and tax hikes (that's a 10 percentage point jump as the debt ceiling debate has played out since early June).

The public's views are so lopsided that the president has been trumpeting these results, though his claims to speak for majorities of Republicans are debatable (only 37% favored the combo approach in a recent CNN poll).


Judging from the reticence of GOP frontrunner Mitt Romney to jump into the center of the fray, it's not lost on Republican strategists that a lopsided 65% of independents favor the combination spending/tax approach.

At a time when Obama's standing might be expected to be sagging as economic doldrums persist, Republicans have handed him a boost. Over the past several months, Obama received more credit for behaving responsibly on the budget, rising from 46% to 52%, while the GOP's already poor standing for fiscal irresponsibility inched up from 60% to 63%.

Just over a half of the country is ready to blame the GOP for failing to raise the debt ceiling as compared with 30% who would blame Obama.

Gergen: Washington slouching toward a solution?

One of the most politically damaging aspects of the debt ceiling debate for Republicans is that their fiscal priorities are at odds with super-majorities of Americans. About three-quarters favor raising taxes on the rich and clawing back tax advantages for oil and gas companies and the private jets owned by businesses. Meanwhile, the GOP's open campaign to substantially scale back spending on Social Security and Medicare and restructure those programs is opposed by more than 8 out of 10 Americans.


It is rare to see a major political party this visibly and demonstrably take on and defy vast majorities. Put another way: If Democrats moved against a split or oppositional public in passing health reform in March 2010, the Republicans are now engaging in the Full Monty of defiance.

One consequence is that Americans have lost trust in the GOP's ability to handle one of the government's most popular programs, Medicare.

While trust in Obama and congressional Republicans was at parity in May, the GOP is now lagging far behind -- only 37% believe it will do a better job handling Medicare compared with 50% who look to the president. This may be a leading indicator of how seniors and their supporters will vote next year.

It should come as no surprise that the Republican Party's general standing has taken a hit. For sure, neither party is popular -- the Democratic and Republican parties started out the spring with Americans split in whether they favor each or not. But the ferocious debt ceiling debate is now cratering the GOP's standing -- 55% now express unfavorable views (as compared to 48% in March) -- while the public remains split over the Democratic Party.

CNN poll:

But a CNN poll released Thursday shows that two-thirds of Americans support the system established by the CCB Act. Sixty-six percent of respondents said they approved of a plan under which "Congress would raise the debt ceiling only if a balanced budget amendment were passed by both houses of Congress and substantial spending cuts and caps on future spending were approved." Sixty-three percent of Democrats and 65 percent of independents said they would approve of such a plan.

The CCB Act does just that: It caps spending at 19.9 percent of GDP (not at 18 percent, as some, including numerous senators, have claimed), cuts $111 billion out of the fiscal 2012 budget, and requires a balanced budget amendment before Congress can raise the debt ceiling.

http://blog.heritage.org/2011/07/21/cnn-poll-two-thirds-of-americans-support-cut-cap-and-balance-plan/


Poll:

http://i2.cdn.turner.com/cnn/2011/images/07/21/rel11b.pdf


and from the same CNN poll that OT, can can clearly see that the majority think it is the Dems. that should give ground......

...and also that with the error of margin, the Dems and Repubs are equally to blame for the failure of the debt talks....

http://www.pollingreport.com/budget.htm

 

[Tam]

I'm sure OT will be posting how Reid's lie was bigger than Boeghner's and Jingo2 will post about how bad Reid's math skills are.


:lol: :lol: :lol: :lol:

Its just comical how in your bias and this boards bias-- when a Dem makes a mistake in their figures its a LIE-- but when a Repub does the same its just a little OOOPS.... :wink: :lol: :lol:

But most folks that aren't cult brainwashed are seeing thru it....

News reporting is fixated on the D.C. beltway scheming, beaming pictures of government officials zipping in and out of meetings with occasional public comment. Meanwhile, the public is already reaching a verdict, and it is a harsh one -- the Republican Party is out of step with the country's fiscal priorities.

As its handling of the debt limit debate tarnishes the GOP's national brand name, President Barack Obama may inadvertently be limiting the damage to the opposing party.

The GOP's insistence on reducing U.S. debt solely by making cuts to government programs is unpopular and increasingly so -- less than a fifth of Americans favor this approach as opposed to 56% who favor a combination of spending cuts and tax hikes (that's a 10 percentage point jump as the debt ceiling debate has played out since early June).

The public's views are so lopsided that the president has been trumpeting these results, though his claims to speak for majorities of Republicans are debatable (only 37% favored the combo approach in a recent CNN poll).


Judging from the reticence of GOP frontrunner Mitt Romney to jump into the center of the fray, it's not lost on Republican strategists that a lopsided 65% of independents favor the combination spending/tax approach.

At a time when Obama's standing might be expected to be sagging as economic doldrums persist, Republicans have handed him a boost. Over the past several months, Obama received more credit for behaving responsibly on the budget, rising from 46% to 52%, while the GOP's already poor standing for fiscal irresponsibility inched up from 60% to 63%.

Just over a half of the country is ready to blame the GOP for failing to raise the debt ceiling as compared with 30% who would blame Obama.

Gergen: Washington slouching toward a solution?

One of the most politically damaging aspects of the debt ceiling debate for Republicans is that their fiscal priorities are at odds with super-majorities of Americans. About three-quarters favor raising taxes on the rich and clawing back tax advantages for oil and gas companies and the private jets owned by businesses. Meanwhile, the GOP's open campaign to substantially scale back spending on Social Security and Medicare and restructure those programs is opposed by more than 8 out of 10 Americans.


It is rare to see a major political party this visibly and demonstrably take on and defy vast majorities. Put another way: If Democrats moved against a split or oppositional public in passing health reform in March 2010, the Republicans are now engaging in the Full Monty of defiance.

One consequence is that Americans have lost trust in the GOP's ability to handle one of the government's most popular programs, Medicare.

While trust in Obama and congressional Republicans was at parity in May, the GOP is now lagging far behind -- only 37% believe it will do a better job handling Medicare compared with 50% who look to the president. This may be a leading indicator of how seniors and their supporters will vote next year.

It should come as no surprise that the Republican Party's general standing has taken a hit. For sure, neither party is popular -- the Democratic and Republican parties started out the spring with Americans split in whether they favor each or not. But the ferocious debt ceiling debate is now cratering the GOP's standing -- 55% now express unfavorable views (as compared to 48% in March) -- while the public remains split over the Democratic Party.

The Republican will take the hit BECAUSE of the Liberal bias media that have programmed people like you to spew their bias lies just like they did when they ignored the Dems roll in Fannie and Freddie and you bought it hook line and sinker. :roll:

 

[TSR]

I'm sure OT will be posting how Reid's lie was bigger than Boeghner's and Jingo2 will post about how bad Reid's math skills are.


:lol: :lol: :lol: :lol:

Its just comical how in your bias and this boards bias-- when a Dem makes a mistake in their figures its a LIE-- but when a Repub does the same its just a little OOOPS.... :wink: :lol: :lol:

But most folks that aren't cult brainwashed are seeing thru it....

News reporting is fixated on the D.C. beltway scheming, beaming pictures of government officials zipping in and out of meetings with occasional public comment. Meanwhile, the public is already reaching a verdict, and it is a harsh one -- the Republican Party is out of step with the country's fiscal priorities.

As its handling of the debt limit debate tarnishes the GOP's national brand name, President Barack Obama may inadvertently be limiting the damage to the opposing party.

The GOP's insistence on reducing U.S. debt solely by making cuts to government programs is unpopular and increasingly so -- less than a fifth of Americans favor this approach as opposed to 56% who favor a combination of spending cuts and tax hikes (that's a 10 percentage point jump as the debt ceiling debate has played out since early June).

The public's views are so lopsided that the president has been trumpeting these results, though his claims to speak for majorities of Republicans are debatable (only 37% favored the combo approach in a recent CNN poll).


Judging from the reticence of GOP frontrunner Mitt Romney to jump into the center of the fray, it's not lost on Republican strategists that a lopsided 65% of independents favor the combination spending/tax approach.

At a time when Obama's standing might be expected to be sagging as economic doldrums persist, Republicans have handed him a boost. Over the past several months, Obama received more credit for behaving responsibly on the budget, rising from 46% to 52%, while the GOP's already poor standing for fiscal irresponsibility inched up from 60% to 63%.

Just over a half of the country is ready to blame the GOP for failing to raise the debt ceiling as compared with 30% who would blame Obama.

Gergen: Washington slouching toward a solution?

One of the most politically damaging aspects of the debt ceiling debate for Republicans is that their fiscal priorities are at odds with super-majorities of Americans. About three-quarters favor raising taxes on the rich and clawing back tax advantages for oil and gas companies and the private jets owned by businesses. Meanwhile, the GOP's open campaign to substantially scale back spending on Social Security and Medicare and restructure those programs is opposed by more than 8 out of 10 Americans.


It is rare to see a major political party this visibly and demonstrably take on and defy vast majorities. Put another way: If Democrats moved against a split or oppositional public in passing health reform in March 2010, the Republicans are now engaging in the Full Monty of defiance.

One consequence is that Americans have lost trust in the GOP's ability to handle one of the government's most popular programs, Medicare.

While trust in Obama and congressional Republicans was at parity in May, the GOP is now lagging far behind -- only 37% believe it will do a better job handling Medicare compared with 50% who look to the president. This may be a leading indicator of how seniors and their supporters will vote next year.

It should come as no surprise that the Republican Party's general standing has taken a hit. For sure, neither party is popular -- the Democratic and Republican parties started out the spring with Americans split in whether they favor each or not. But the ferocious debt ceiling debate is now cratering the GOP's standing -- 55% now express unfavorable views (as compared to 48% in March) -- while the public remains split over the Democratic Party.

The Republican will take the hit BECAUSE of the Liberal bias media that have programmed people like you to spew their bias lies just like they did when they ignored the Dems roll in Fannie and Freddie and you bought it hook line and sinker. :roll:

Tam do you consider C-Span a biased news source?? Who would you like the Rep's to run in 2012?

 

[Tam]

Its just comical how in your bias and this boards bias-- when a Dem makes a mistake in their figures its a LIE-- but when a Repub does the same its just a little OOOPS.... :wink: :lol: :lol:

But most folks that aren't cult brainwashed are seeing thru it....

The Republican will take the hit BECAUSE of the Liberal bias media that have programmed people like you to spew their bias lies just like they did when they ignored the Dems roll in Fannie and Freddie and you bought it hook line and sinker. :roll:

Tam do you consider C-Span a biased news source?? Who would you like the Rep's to run in 2012?

The way I see it is it doesn't matter if C-Span is bias or not, when somebody sees Harry Reid telling the Senate his plan was approved by the rating agencies and it would not trigger a downgrade like Boehner's plan would on C-SPAN and then the rest of the media, BIAS MEDIA, is re-enforcing that lie to their viewers, even though CSPAN didn't comment about him lieing, the damage is done.
In other words brains like Oldtimer believe the lie and pass it on as if it were the truth claiming they saw it on un-bias CSPAN it has to be true. :roll:


I want the Republicans to run the strongest Candidate they can find that is willing to stand up and do what has to be done to fix the US economy before the Dems out of control spending takes down the entire world economy. And a candidate that will TELL THE TRUTH. Do I know who that will be? NO Who that will be will be fleshed out in the next few months. I do like some of what I see but have I decided on one candidate? NO.

 

[hopalong]

Just because someone QUOTES c span that does not mean it is true, we have all seen oldtimer quite seeing on c span and but leaving half the story out because it did not fit into his plan of degrading or trying to shift the blame :roll:

 

[TexasBred]

Reid didn't lie...he's just friggin' stupid. He has no idea.

 

[TSR]

The Republican will take the hit BECAUSE of the Liberal bias media that have programmed people like you to spew their bias lies just like they did when they ignored the Dems roll in Fannie and Freddie and you bought it hook line and sinker. :roll:

Tam do you consider C-Span a biased news source?? Who would you like the Rep's to run in 2012?

The way I see it is it doesn't matter if C-Span is bias or not, when somebody sees Harry Reid telling the Senate his plan was approved by the rating agencies and it would not trigger a downgrade like Boehner's plan would on C-SPAN and then the rest of the media, BIAS MEDIA, is re-enforcing that lie to their viewers, even though CSPAN didn't comment about him lieing, the damage is done.
In other words brains like Oldtimer believe the lie and pass it on as if it were the truth claiming they saw it on un-bias CSPAN it has to be true. :roll:


I want the Republicans to run the strongest Candidate they can find that is willing to stand up and do what has to be done to fix the US economy before the Dems out of control spending takes down the entire world economy. And a candidate that will TELL THE TRUTH. Do I know who that will be? NO Who that will be will be fleshed out in the next few months. I do like some of what I see but have I decided on one candidate? NO.

Heck, give me your top 3 no, your top 4. Just want to see who you like. Some of the things some of the Rep's like ,I like. Being an Independent the fastest growing group IMO.

 

[Tam]

Tam do you consider C-Span a biased news source?? Who would you like the Rep's to run in 2012?

The way I see it is it doesn't matter if C-Span is bias or not, when somebody sees Harry Reid telling the Senate his plan was approved by the rating agencies and it would not trigger a downgrade like Boehner's plan would on C-SPAN and then the rest of the media, BIAS MEDIA, is re-enforcing that lie to their viewers, even though CSPAN didn't comment about him lieing, the damage is done.
In other words brains like Oldtimer believe the lie and pass it on as if it were the truth claiming they saw it on un-bias CSPAN it has to be true. :roll:


I want the Republicans to run the strongest Candidate they can find that is willing to stand up and do what has to be done to fix the US economy before the Dems out of control spending takes down the entire world economy. And a candidate that will TELL THE TRUTH. Do I know who that will be? NO Who that will be will be fleshed out in the next few months. I do like some of what I see but have I decided on one candidate? NO.

Heck, give me your top 3 no, your top 4. Just want to see who you like. Some of the things some of the Rep's like ,I like. Being an Independent the fastest growing group IMO.

I like some of what I see in Cain and Bachmann
I would not care to see Ron Paul get the nomination as he is older than McCain and age was a factor that hurt McCain in the last election. Besides I think he is a bit to far to the right for alot of people's tastes.
I hope Romney doesn't get it either even though I think he might if you believe in the polls right now. The reason I don't care for him is he has Romneycare on his record, It will be hard for Republicans to defend their stand on Obamacare when their leader has a Healthcare bill in his political record.
As for Gingrich, not a big fan but I'm sure he would be better than Obama but just about anyone would be in my opinion.
I wish Huckabee was running
I'm glad Trump isn't running as a Republican and I hope he stays out as an independent as all he will do is split the vote so Obama wins again.
I would like to see more of Perry because he seems to be doing good things for Texas.
As for Palin she does have one thing going for her. She would be the most vetted candidate in the history of the US Presidentual race unlike the fraud now sitting in the Oval Office. That said, I like her but I fear if she were to get the nomination, people like Oldtimer who suffers from PDS would destroy her whole family just on a chance they could stop her from beating Obama. The Left has proven when it comes to bringing her down, the truth means NOTHING.


There are others and I'm sure we will see more from them. SO as you can see it is way to early to cut it down to just one, at least it is for me since the list of candidates is not even complete.

 

[hopalong]

I see where Reid says everything the Rep, send him is DOA as it comes thru the door of his office, Guess he must be related to a couple of posters we have here, cannot/will not accept anything except what they come with!!!!!!!!!!!!!


EH???