Earlier today Boehner called Rush to give him the details of the latest deal that will be offered to Obama:

First Round:

  • 1.1 Trillion in cuts – recommendations made by 6 members of each chamber, occurrence of cuts to be determined – cuts will be non-defense, real and not accounting gimmicks
  • 1 Trillion in debt limit increase
  • Will last until next April

Second Round:

  • There must be a vote on Balanced-Budget Amendment

Watch the segment for more details and analysis:

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UPDATE: Changed to reflect that in the second round there must be a vote on Balanced-Budget Amendment instead of the Cut, Cap, and Balance.

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UPDATE: Here is more detail on the Boehner plan from Fox News.




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22 comments
Josh
Josh

STUPID! "These are REAL cuts!" No they are not. They will end up being one hundred thousand dollars off of one bill ten years down the line. DUMB DUMB DUMB DUMB. Why spend any time at all discussing this and working out a "deal"? Just let Boner give Obama everything he wants. This is a stupid idea.

Allen Poe
Allen Poe

Did I hear raise the debt ceiling 1 Trillion, anyway? Isn't that was liar Ob demands anyway? Sounds Vichy to me.

KenInMontana
KenInMontana

They don't need Obama to put forward a Balance Budget Amendment. Just do it and let the cards fall where they may. In the current political climate it would be near suicide (politically) for any one who tried to oppose it.

Vorlath
Vorlath

Not giving Obama what he wants is actually a good move. He'll come undone by this just like Rush says. He's not used to people opposing him.

The Wizard of Oz
The Wizard of Oz

The Senate is useless as it represents the interests of the POTUS and not the interest of the states. None of the Dems have their own will.

The Wizard of Oz
The Wizard of Oz

The Senate is useless as it represents the interests of the POTUS and not the interest of the states. None of the Dems have their own will.

The Wizard of Oz
The Wizard of Oz

The deal is a friggin joke!!! Over 10 years! This is hopeless.....I'm beginning to think Beck was right- We can't rely on D.C. anymore because they're not going to do anything about it.

taxpayertoo
taxpayertoo

Both parties are IGNORING the real threat..........the lack of jobs for the American people.

The Wizard of Oz
The Wizard of Oz

Is it true that the proposed cuts (1T) are nothing more than projected savings from the wars?

zytekfan
zytekfan

I read this morning Obama is vowing to stop any deal, using it as fuel for 2012

Richard McCreedy
Richard McCreedy

A committee is simply Washington's way of pretending to do something while doing nothing. Don't feel like cutting spending? Form a committee so you can say "SEE, WE FORMED A COMMITTEE TO CUT" while not actually cutting anything at all.

Philo Beddoe
Philo Beddoe

Geitner said we need a "committee" for the spending.

Now we have a "committee" of 12 to decide what is spent.

This is sounding more like communism by the day. Now we will have a appointed committee who will bypass the elected will of the people.

Richard McCreedy
Richard McCreedy

Yea, this is going to be another disaster. These 1.1 trillion in cuts are going to be mostly phantom, and the ones that are real are real in the sense that COULD POSSIBLY OCCUR 10 years from now, but actually, never will.

The Crawfish
The Crawfish

Simple plan....cut all programs and spending that is not allowed according to the enumerated powers listed in the Constitution. Oh, I forgot. Silly me. That is right wing extremist fringe talk.

NEO CON JOHN
NEO CON JOHN

Here's the "stick in the eye", "1.1tillion in cuts", 1 trillion in debt extension, no time frame as to when the cuts or what the cuts are, yet they want the extension RIGHT NOW meaning we are now borrowing another trillion, as well as accruing the addition debt of the "Supposed Cuts' until they figure out what gets cut and when.

So what ever they cut, the Dems will drag it out until we have spent the said 1.1 trillion in cuts and much more.

I am wrong here???? Why cant we start a cut when we give the extension, no sooner, no later.

WHY IS THIS SO DAM DIFFICULT??

Dan C
Dan C

This plan sounds VERY weak in terms of cuts if they happen at all, but it does hurt Obama in terms of dealing with it again in 2012.

What if this "panel" can't agree on the cuts? Then I am guessing no cuts happen and we get screwed. However, if it hurts Obama for 2012 I am for it, and we can always go for more cuts in 2012. We all know the real cuts can only happen once Obama is out.

Steven
Steven

We need a vote on Cut, Cap and Balance. This prospective deal is bulls**t! Another cave. Its essentially the McConnel plan, only this time its done by Congress rather than the president. We need real cuts now, no commission and if there is a 2nd round, a mandatory vote on Cut, Cap, and Balance!

Can't wait to hear from Palin, Rubio, DeMint, and Rand Paul on this one! What's wrong with the GOP? You got Obama where you want him and now you are letting him off the hook! Good grief.

Steven
Steven

We need a vote on Cut, Cap and Balance. This prospective deal is bulls**t! Another cave. Its essentially the McConnel plan, only this time its done by Congress rather than the president. We need real cuts now, no commission and if there is a 2nd round, a mandatory vote on Cut, Cap, and Balance!

Can't wait to hear from Palin, Rubio, DeMint, and Rand Paul on this one! What's wrong with the GOP? You got Obama where you want him and now you are letting him off the hook! Good grief.

therightscoop
therightscoop

I just corrected. That is what will be voted on in second round

therightscoop
therightscoop

When Rush came on in the second hour, he said that deal (Reid deal) is supposedly dead.