Friday, July 15, 2011

Obama Refuses To Propose Budget, Blames Repubs For Failing To Propose Budget

What a maroon.



The Hammer, in his usual fashion, hits the nail:



"A long-term deal or nothing? The Republican House should immediately pass a short-term debt-ceiling hike of $500 billion containing $500 billion in budget cuts. That would give us about five months to work on something larger.



"The fat-cat tax breaks (those corporate jets) that Obama’s talking points endlessly recycle? Republicans should call for urgent negotiations on tax reform along the lines of the Simpson-Bowles commission that, in one option, strips out annually $1.1 trillion of deductions, credits and loopholes while lowering tax rates across the board to a top rate of 23 percent. The president says he wants tax reform, doesn’t he? Well, Mr. President, here are five months to do so.



"Will the Democratic Senate or the Democratic president refuse this offer and allow the country to default — with all the cataclysmic consequences that the Democrats have been warning about for months — because Obama insists on a deal that is 10 months and seven days longer?



"That’s indefensible and transparently self-serving. Dare the president to make that case. Dare him to veto — or the Democratic Senate to block — a short-term debt-limit increase."