The Herd Mentality
Wednesday, August 3, 2011
You shouldn't.
All it takes is ONE Democrat who is on board for Social Security and Medicare and Medicaid and veterans' care and SCHIP, et al, cuts or any other of the Republican
And check this out - One of the loopholes in the bill: A provision for debate.
SEC. 402. EXPEDITED CONSIDERATION OF JOINT COMMITTEE RECOMMENDA TIONS.
(e) Consideration by the Other House-
(1) IN GENERAL- If, before passing the joint committee bill, one House receives from the other a joint committee bill–
(A) the joint committee bill of the other House shall not be referred to a committee; and
(B) the procedure in the receiving House shall be the same as if no joint committee bill had been received from the other House until the vote on passage, when the joint committee bill received from the other House shall supplant the joint committee bill of the receiving House.
(2) REVENUE MEASURE- This subsection shall not apply to the House of Representatives if the joint committee bill received from the Senate is a revenue measure.
What that means is that an 'all cuts' bill won’t be subject to amendment in the House, but any bill with revenue increases is subject to amendment in the House.
Anybody who claims that revenue increases are an option in a bill coming out of this 'Super Congress' is Iying.
About Economy
Read the Article at HuffingtonPost
0 comments:
Post a Comment