Monday, August 1, 2011

TRUTHFULLY - IF NO TEA PARTY THERE WOULD BE ANOTHER STIMULUS!

McConnell: Without Tea Party there would be no spending cuts

From Mitch McConnell;s Office:

McConnell: Without Tea Party there would be no spending cuts
By Daniel Strauss
August 1, 2011

Without Tea Party Republicans, Congress wouldn't be cutting any federal spending, Senate Minority Leader Mitch McConnell (R-Ky.) said.

"What I would say to our friends in the Tea Party movement — without them we wouldn't be having this discussion. We wouldn't be cutting anything," McConnell said Monday to Neil Cavuto on Fox News. "But for the last election, we wouldn't be having this discussion."


McConnell's comments come a few weeks after he unveiled his fallback debt-ceiling increase proposal that gave President Obama broad authority to raise the spending limit and simultaneously make it more difficult for Congress to stop him. McConnell's plan was met with criticism from Tea Party conservatives.

On Sunday, Obama, McConnell and other congressional leaders signed off on a debt-limit-increase deal that would cut federal deficits by $2.1 trillion over 10 years, raising the ceiling by an equal amount. The deal also creates a bicameral 12-person committee charged with making further recommendations to reduce the deficit. McConnell said that that committee was unlikely to agree to tax hikes of any kind, despite the presence of Democrats on the committee.

"What I can pretty certainly say to the American people, the chances of any kind of tax increase passing with the appointees that [Speaker] John Boehner [(R-Ohio)] and I are going to put on there are pretty low," McConnell said. "In addition to that, let's assume that they did. It would have to pass the House and the Senate. I don't think this House of Representatives would pass a tax increase. So I'm comfortable we're not going to raise taxes coming out of this joint committee."

Earlier on Monday, Sen. Kent Conrad (D-N.D.) left open the possibility that the committee could actually support tax increases.

"Everything is on the table if a majority of the committee chooses to have it on the table," Conrad said on Bloomberg T.V. "In other words, what the Republicans are saying is that they're tied into the [Congressional Budget Office] current baseline, they think that prevents revenue. But if they read the fine print they'll find that the majority of the committee could choose some other baseline."

McConnell Explains Why Deal Is a ‘Good First Step’
By Robert Costa
August 1, 2011 5:44 PM

At the eleventh hour, Sen. Mitch McConnell (R., Ky.), the minority leader, has become the leading figure in the debt-limit talks. With Vice President Biden and Senate Majority Leader Harry Reid, he negotiated the final contours of the compromise that will soon come to the floor in both chambers.

In an interview with National Review Online this afternoon, McConnell explained his approach and touted the bipartisan agreement. “It is a good first step — $3 trillion dollars, potentially, in spending cuts, no tax increases, and remember, we have set the template for future requests from any president to raise the debt ceiling,” he said. “What we have done here is completely change the conversation. . . . We have dragged this administration, kicking and screaming, in a direction of cutting spending and not raising taxes.”

“It would not have happened but for last November’s election,” McConnell added. “I’m grateful even for members of our conference in the House and Senate who end up voting against it, because without them, we wouldn’t even be having this discussion.”

McConnell smiled when asked about presidential candidates, such as Mitt Romney, who oppose the deal. “They’re running for president; we are running the government,” he said. “We are part of a governing coalition here. We have divided government. Who would have ever dreamed that controlling one house, having a minority in the Senate, we would have been able to get a liberal president to sign on to $3 trillion in spending cuts with no taxes? Nobody would have thought that was possible.

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