GOP shrugs off Obama's veto threat on budget bill

Simple plan...cut government spending....leave taxes alone...leaves revenue the same and cuts spending...whats wrong with that? The Government, which if you don't realize it, runs on US citizens tax dollars...no reason for more, just cut the spending!

"The failure of that effort also reflects the outsized influence exerted by 87 first-term Republicans, many of them elected last fall with tea party backing."

First-term and hopefully their last term when people realize how irresponsible and ignorant many of them are.

take note japan, this is why as a American i have trouble taking my government serious any more one side blames the other side then the other side blames the first side........... and nothing gets done.

More than 800 days without presenting the American people a budget.

We are supposed to raise spending on a plan we cannot even see ?

Why should we believe this fraud Obama?

American politicians have a spending problem akin to a rock stars addiction to drugs. They live in an alternate universe where they think only of themselves and are oblivious to the damage they are inflicting. Just imagine a chart with two lines - one represents tax receipts and the other government spending. Year after year the spending line continues to rise at a much faster rate than the tax receipts line. It doesn't take a rocket scientist to realize that the government is spending too much money. You can take 100% of the income of the millionaires and billionaires and you still will not change this reality. Stop spending! You would think they are brain dead or something.

But Obama will veto it if it reaches his desk...

So on August 2nd, President Obama would veto a debt limit increase? That would be insane!

Obama will just go on playing the demagogue. It is what he was trained to do. We will just get more petulant Alinsky trash-talking and demonization of the miniscule percentage of the population who own private jets. If the Repubs were smart they'd taunt Obama with the claim that he resents jet owners not being subject to gropings from his TSA underlings.

“It’s disappointing the White House would reject this commonsense plan to rein in the debt and deficits that are hurting job creation in America,” Speaker John Boehner, R-Ohio said.

Ah ha. Deficit spending in the midst of a recession hurts job creation. Republicans have absolutely no clue how an economic system functions. Mah, this makes me look forward all the more to 2012 - the results will leave Republicans even more entrenched in and dependent on the South. Good luck with that strategy!

Deficit spending in the midst of a recession hurts job creation. Republicans have absolutely no clue how an economic system functions.

When you have burdened the nation with more debt than all presidents combined, yes, it absolutely kills job creation, all the more so when small businesses - the people who have always gotten us out of recessions - know that the WH is occupied by an ideologue who wants to 'distribute' wealth and has admitted it.

Mah, this makes me look forward all the more to 2012 - the results will leave Republicans even more entrenched in and dependent on the South.

Right. Cuz that's what the mid-terms showed us...

take note japan, this is why as a American i have trouble taking my government serious any more one side blames the other side then the other side blames the first side........... and nothing gets done.

Steve, I appreciate your comment. This may apply to Japanese government too. There are a bunch of yo-yos in J. politics. They cannot even map out the macro Tohoku rescure plan while the victims are still suffering with no housing and no proper care.

"When you have burdened the nation with more debt than all presidents combined,..."

US debt when Pres. GW Bush left office : 10.7 trillion.

Cutting medicare and medicaid while not touching the tax heaven for the super rich does not sound like a plan intended for the safety of all citizens. GOP really needs to come in grip with reality since what they call a plan is going to raise everything from crime rates to medicine prices which is going to hit hard on the middle income class the most.

"cut federal spending by trillions of dollars"

Yes! Do it! Do it now!

US debt when Pres. GW Bush left office : 10.7 trillion.

paulinusa, plus "W" decided to go to Iraq war with a credit card. We are not yet making one single payment for that.

Breit, if you'd been paying attention, you'd know who wants to redistribute the wealth, and to whom: Republicans, to the upper class. When Republicans talk about tax cuts, they don't mean the military, they mean social programs - eliminating all spending aside from those two areas would still leave a gaping deficit. As for social programs, there are insurance-type programs such as aid to the unemployed and Medicare, and entitlements such as Social Security. Cutting the latter would be tantamount to reneging on a debt: Reagan himself realigned the program with higher payments to ensure its survival. So you're left with the former, non-entitlement insurance-type programs. A problem with cutting those is that these cuts will have real consequences. Many economists have shown, for example, that cuts in health benefits lead to higher overall medical spending. Nobody thinks that cutting off that poor child's access to asthma medication is going to make her asthma go away; instead, it will likely cause her to put off medication until a more expensive but "free" trip to the emergency room is required.

Breit, taxes are at their lowest levels since the 1950s, and yet, for all the talk that America is broke, Republicans have blocked any discussion of revenue increases. The main reason that markets have not discounted US debt despite this impasse is that markets are well aware that, unlike Greece, the US has ample ability to overcome its shortfall. You can go ahead, like most of your conservative brethren, and pretend that this crisis can only be addressed by one solution, but you are wrong. You are wrong, and Americans will indicate that in the next polls.

Breit, if you'd been paying attention, you'd know who wants to redistribute the wealth, and to whom: Republicans, to the upper class.

Here we go again. To recap, for those who missed the 2010 mid terms:Obama had super majorities in House and Senate, the lapdog MSM in his pocket and he still couldn't do the class war schtick well enough to persuade ordinary Americans that their experiential knowledge of the job market and the economy is actually incorrect and that small business owners - that group of Americans who comprises the majority of the 'evil rich' - are the problem.

Small business owners - oh yeah, those guys who earn over $250,000 yearly and own their own jets? I know many small business owners, and yet none of them match that profile. They are the ones struggling to meet the payroll - and let me tell you, when the new healthcare bill kicks in and they can move their employees into more affordable coverage, that is going to help them enormously. Their employees often have to handle ill or elderly dependents; cutting benefits to these is taking away from their paycheck. They are often blue collar type employees - can they expect to retire at 65 now? - or will it be 67? And what about the younger generation trying to move up, if the elders hang on to their jobs because they cannot afford to let go? Don't pretend that the Republicans are on the side of the small businessman; they are diametrically opposed.

Don't pretend that the Republicans are on the side of the small businessman; they are diametrically opposed.

Right.Right. The party of Chuck Schumer,Barney Frank and Barack Obama - all of whom have no experience in the private sector - has got your back.

No WH cabinet in our history has as little private sector experience as does Obama's.Doesn't take a genius to see that these people do not understand wealth creation.

Bloomberg: "President Barack Obama's proposal to end a tax break for corporate jet owners, a repeated refrain in his news conference yesterday, would achieve less than one-tenth of 1 percent of his target for reducing the federal deficit."

But Obama makes mention six times in one speech 'tax breaks for corporate jet owners' and his followers,having been given their marching orders,rush online to demonize the latest perceived enemies of The State.Is anyone else creeped out by this new brand of Left Wing nationalism?

Please - let's not get started on private sector experience. Do you really want to bring up Bush's loser experience? How about Rick Scott, Republican darling or Florida who bought a private jet by fleecing the healthcare system? In fact, the biggest complaint about Obama's cabinet is that it has TOO much corporate experience - in the financial sector. Yep, those people who tend to own private jets. Now, certainly, eliminating that deduction is a pebble in the Pacific, but if the Republicans can't even get on board for such an eminently common-sense measure, really, what hope is there for them? Restrictions on benefits are a de facto tax rise on the working class, and that is what the Republicans are pushing while opposing closing loopholes that allow the wealthy to enjoy their wealth more cheaply. That may be fine by you; I doubt if many voters will agree come 2012.

Now, certainly, eliminating that deduction is a pebble in the Pacific, but if the Republicans can't even get on board for such an eminently common-sense measure, really, what hope is there for them?

Common sense? How about a budget? Where is the common sense in Dems refusing to pass a budget"???? The republic has gone 8 0 0 (eight hundred) days with no budget.

Doesn't take a genius to see that these people do not understand wealth creation.

Nor should they be interested in creating wealth. They should be interested in creating jobs. Remember when Agent Orange (boehner) promised us jobs? Remember when those bush tax cuts were supposed to deliver us jobs?

DIdn't work out so well, did it? The only job boehner has created is his pesonal caddy position and the bush tax cuts didn't create anything but wealth for the already wealthy. They didn't help the middle class or lower class at all.

Taka

They should be interested in creating jobs.

Umm, no, those in Congress who serve us, the people, should focus on creating conditions which will create wealth. Creating jobs is easy - just do a search on the absurd projects that 'Stimulus Money' 2009 was wasted on. Why, for example, are American taxpayers paying 2.6 million dollars for 'research' which looks at how to help Chinese prostitutes drink responsibly?

800 days without a budget.

'Unprecedented,' as the lapdog MSM would say.

Obama's blindly obedient followers have no reply, I see....

BreitbartVictorious

Umm, no, those in Congress who serve us, the people, should focus on creating conditions which will create wealth.

Good for you to agree since most all economist states that redistribution of wealth is the best way in creating new wealth and the key component in redistribution of wealth is taxes, infrastructure development and welfare.

samurai blue

Good for you to agree since most all economist states that redistribution of wealth is the best way in creating new wealth

Most? All? Which is it? Do you even know what you are trying to say? Redistribution of wealth creates more wealth? LOL. On what planet?

BreitbartVictorious

Planet Earth my friend, planet Earth. It's called fluidity in economy. When wealth is compiled into a big lump then flow of money is obstructed. With this money stops becoming productive. When money is reinvested into the bottom of society it creates jobs that create added value that is what new wealth means.

Investment only through banks and/or stocks doesn't provide this fluidity from the bottom up resulting to stagnating the economy.

When money is reinvested into the bottom of society it creates jobs that create added value that is what new wealth means.

Do you invest your money in projects or ventures (legal ones, that is) initiated by folks at 'the bottom' of society? How has it turned out for you? Any 'new wealth' come your way?

There's about a hundred govt programs they could cut costs on or get rid of completely that have nothing to do with the big issues of Taxes, Medicare/Medicaid, Social Security etc... those major programs DO need reformation but right now they're just being used as political ploys for upcoming elections. There are govt funded programs that are outdated and archaic and need getting rid of that could save billions of $ every year but because they're "small and insignificant" to the PR of a party no one's paying any attention to it. It's all stupid. Govt spending needs to be cut on all levels and we need to start first with the little stuff just to get it out of the way; don't just look at the huge things that need changing.