After passing the Budget Control Act of 2011(H.R.2693) through the use of political thuggery that would make a SEIU leader proud, it is being reported that House Speaker John Boehner, Senate President Harry Reid & Speaker John Boehner have come to a ‘deal’ over the debt ceiling debacle.
The reported deal is;
A debt ceiling increase of up to $2.1 to $2.4 trillion (depending on the size of the spending cuts agreed to in the final deal).
They have now agreed to spending cuts of roughly $1.2 trillion over 10 years.
The formation of a special Congressional committee to recommend further deficit reduction of up to $1.6 trillion (whatever it takes to add up to the total of the debt ceiling increase). This deficit reduction could take the form of spending cuts, tax increases or both.
The special committee must make recommendations by late November (before Congress’ Thanksgiving recess).
If Congress does not approve those cuts by December 23, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare. This “trigger” is designed to force action on the deficit reduction committee’s recommendations by making the alternative painful to both Democrats and Republicans.
A vote, in both the House and Senate, on a balanced budget amendment.
This proposal falls far short of the House passed version of Cut, Cap & Balance, and the far weaker and open ended Boehner “Budget Control Act of 2011.”
Votes on this deal are expected sometime today and Senator McConnell has acknowledged the debt ceiling limits are already exceeding those in the above deal…..
Senate Republican leader Mitch McConnell says negotiators are “very close” to nailing down an agreement that would avert a default of the nation’s debt obligations.
McConnell tells CNN’s “State of the Union” that lawmakers are looking at a $3 trillion package that would raise the debt ceiling in two stages through the elections next year.
Please contact the below GOP Congressional members from Ohio, Senator Rob Portman (R-OH) and Senator Sherrod Brown (D-OH) and urge them to vote NO on this new proposed plan.
Please tell them to stop playing political games with the financial future and national security of the United States. Ask that without hesitation they act to protect the Full Faith and Credit of the United States, ensure payment of Social Security to our seniors and military.
There are several bills currently sitting in the U.S. House and the U.S. Senate, that would enable this to be done, two of them being the Full Faith and Credit Act (H.R. 421 & S.R.226) and the PROMISES Act (H.R.2496).
Senator Rob Portman
Senator Sherrod Brown
Rep. Steve Chabot, OH-1
D.C. Office Phone: (202) 225-2216
D.C. Office Fax: (202) 225-3012
Rep. Bill Johnson, OH-6
Rep. Steve Stivers, OH-15
D.C. Office Phone: (202)225-2015
D.C. Office Fax: (202)225-3529
Rep. Jim Renacci, OH-16
Rep. Bob Gibbs, OH-18
D.C. Office Phone: (202)225-6265
D.C. Office Fax: (202)225-3394
Speaker John Boehner, OH-8
Rep. Eric Cantor, VA-7 / Majority Leader
If you would like to send a free fax CLICK HERE
Thank you to Cleveland Tea Party Patriots for putting this information together and getting it out to other Tea Party Leaders so quickly after last nights compromise.