Showing posts with label SuperCommittee. Show all posts
Showing posts with label SuperCommittee. Show all posts

Friday, January 6, 2012

Marco Rubio in letter to Obama: You are turning America into a 'deadbeat nation'

In a scathing letter sent to Barack Obama this morning, Senator Marco Rubio said that under the President’s first term in office, “more and more people have come to believe that America is becoming a deadbeat nation.” - Human Events

Rubio went on to pledge that he would challenge any further increase in the debt ceiling, arguing that “we [Congress] need to make it routine to actually spend no more than we take in.” In the letter obtained by HUMAN EVENTS, the Florida Senator said that President Obama’s upcoming request to increase the debt ceiling by a whopping $1.2 trillion will cause the nation’s public debt to surpass the $16 trillion mark.

“I will oppose your request to continue borrowing and spending recklessly.”

President Obama is expected to request the new borrowing power from Congress once the Senate and House return from their holiday recess.

If the President led the charge to reduce the country’s unsustainable debt in mid 2011 rather than punt the enterprise to a “Super Committee,” asserted Rubio, we’d already be on a pathway toward economic growth and prosperity. "Unfortunately, the first three years of your presidency have been a profile in leadership failure."

More from Sen. Marco Rubio: The junior senator from Florida makes an impassioned speech on the Senate floor on Dec. 16, 2011, calling for America's leadership to confront its debt and entitlement problems and act with urgency to shape solutions:

Tuesday, November 22, 2011

Super Committee Throws in the Cape

The high stakes game on Capitol Hill to cut $1.2 trillion from the federal deficit ended in a stalemate Monday, effectively suspending tough decisions on budget cuts or tax increases until after next year’s presidential election. - Audrey Hudson/Human Events
“In the end, an agreement proved impossible not because Republicans were unwilling to compromise, but because Democrats would not accept any proposal that did not expand the size and scope of government or punish job creators,” said Senate Minority Leader Mitch McConnell (R.–Ky.).
Super Failure - Billy House/National Journal via Drudge
But the nation’s debt crisis will continue – with the deficit now at about $15 trillion. It also is likely no coincidence that the committee waited until the financial markets closed for the day to make the announcement. The Dow Jones industrial average had already tumbled by more than 300 points earlier in the day partly in anticipation of the acknowledgement of failure.
Blame Game Begins, Again - NY Times

Monday, November 21, 2011

Chairman Reince Priebus on the Super Committee: “While GOP was at the table negotiating & Dems called for his leadership, Obama continued to opt for campaigning rather than governing.”

RNC Chairman Reince Priebus Statement on Democrats’ Failure to Reach a Supercommittee Deal - RNC

“The Supercommittee’s failure is a direct result of President Obama’s negligence and Democrats’ intransigence. Over the last four months, Republicans on the Joint Select Committee on Deficit Reduction worked around the clock to offer multiple proposals that would have broad bipartisan appeal. While Republicans were at the table negotiating in good faith, President Obama continued to prioritize campaigning over governing.

Instead of offering leadership to reduce the debt he created, he made the cold calculation that doing so was not in his best political interest. Even Senate Democrats have tough words for the President. As West Virginia Democratic Senator Joe Manchin said Sunday, ‘He's the leader of this great country. We want him to step forward.’

In addition to spending cuts and entitlement reform, Republicans on the committee also proposed achieving significant revenue increases through pro-growth tax reforms—closing loopholes and lowering rates. But that wasn’t enough for Democrats. When Republicans tried to meet them halfway, Democrats ran further to the left. They demanded higher taxes and even more stimulus spending, even though President Obama and other Democrats have acknowledged that taxes should not be raised in a recession.

While Republicans would have preferred that the process worked as intended, our Congressional leaders will ensure the deficit is reduced by the $1.2 trillion as prescribed. We remain completely dedicated to finding a solution to America’s massive debt problem.

Less than three years ago, President Obama promised to slow the growth of our debt. Instead, he has accelerated it. He and his fellow Democrats have refused to offer serious plans to achieve the dual goals of debt-reduction and economic growth. 2012 will offer voters an opportunity to elect a Republican president who will take that charge seriously.”
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Newt Was Right On The 'Super Committee'


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Newt Gingrich

Congressman West Statement on the Failure of the Super Committee

Congressman Allen West (R-FL) released this statement this morning on the looming failure of the Joint Select Committee on Deficit Reduction, referred to as the Super Committee:

"The Super Committee was entrusted by the American people and by fellow Members of Congress to work together and come up with a solution to America's fiscal crisis by spending and balancing our budget and finding the means to cut 1.2 trillion dollars over the next 10 years.

The Members of the Super Committee that stepped up to the plate to complete this task promised their country they would put politics aside, and fulfill this important task. Yet, it is apparent to everyone that politics and partisanship is at the very core of this failure. Over the course of the past two months, including dozens of meetings and hearings, this Super Committee has not been able to agree on a single issue that can help move this country forward. I find it appalling that grown adults can not sit down at a table and find a way to negotiate something so important to the future of this nation.

President Barack Obama and his Administration are to blame for the anticipated failure of the Super Committee. He has stood by and done nothing to encourage bipartisanship among this committee. Instead, the President and this Administration would rather sit back and watch automatic cuts kick in that will be devastating to our military- ripping 600 billion dollars from Defense in 10 years. At a time when America's enemies are more emboldened than ever, our military needs to be supported, not shredded.

I am calling on President Obama to step up and be a leader and introduce legislation that will restore these automatic cuts to our military. We can not put our country in danger because of partisan antics. The American people are sick and tired of Washington, DC and there's good reason why. The failure of this Super Committee is an embarrassment to Congress and to the American people. I call upon Members of Congress to learn from this failure and realize that the true victims of these partisan antics and political games are the American people."

Obama’s Deliberate Lack Of Leadership Dooms Super Committee



Sen. Joe Manchin (D-WV) Says That The President Is Going To Be Judged On The Results Of The Super Committee And Should Be Part Of The Fight For A Solution (MSNBC’s “Morning Joe,” 11/21/11) - GOP.com



The Administration “Couldn’t Be Happier That This Is Failing” Because It Fits Into Their Campaign Narrative And They “Have Deliberately Refused” To Engage The Super Committee

"...its’ safe to say that in the absence of a real debt deal, which, of course, they would like to have, the administration couldn't be happier that this is failing because they will try to blame it all on the republicans going into the election year.” (CBS/The Early Show)

Left blogs cheer supercommittee's collapse

Liberal bloggers are praising the widely expected collapse in bipartisan talks and the apparent failure of supercommittee to come to an agreement on deficit reduction, noting that it was the best outcome that they could have hoped for. - Politico

Doomed by design: The SuperFail Committee

It was all doomed by design from the start. - Michelle Malkin
Today, the “Super Committee” is expected to announce its gobsmackingly obvious Super Fail:
Debt supercommittee members brace for failure - Paul Kane/Washington Post
The congressional “supercommittee” stumbled its way toward failure Sunday, with final staff-level discussions focusing mostly on how the panel should publicly admit that lawmakers could not meet their mandate of shaving $1.2 trillion from the federal debt.
Put mortgage breaks, local taxes on table - Michael Barone/Washington Examiner
Democrats’ tax-hike obsession killed the SuperCommittee - James Pethokoukis/The American