I’m wondering if President Obama figured House Speaker John Boehner (R-Ohio) would spill the beans concerning the discussions he had with the president. I want to hear more. I want to hear the president stand up and tell the American people the federal government does not “have a spending problem.”
If true, and I don’t doubt it for a second, it shows this president and the Democrats are ready to double-down on tax increases during the next few months. As I’ve said before, we’ll see nothing at all when it comes to reducing the size of the federal government simply because they don’t want it smaller. None of them do; Republicans or Democrats. I don’t see it … do you? From Stephen Moore at the Wall Street Journal.
What stunned House Speaker John Boehner more than anything else during his prolonged closed-door budget negotiations with Barack Obama was this revelation: “At one point several weeks ago,” Mr. Boehner says, “the president said to me, ‘We don’t have a spending problem.’”
I’m sorry, the speaker did not know this?
The president’s insistence that Washington doesn’t have a spending problem, Mr. Boehner says, is predicated on the belief that massive federal deficits stem from what Mr. Obama called “a health-care problem.” Mr. Boehner says that after he recovered from his astonishment—”They blame all of the fiscal woes on our health-care system”—he replied: “Clearly we have a health-care problem, which is about to get worse with ObamaCare. But, Mr. President, we have a very serious spending problem.” He repeated this message so often, he says, that toward the end of the negotiations, the president became irritated and said: “I’m getting tired of hearing you say that.”
So in other words, the health care problem all of a sudden resulted in a 800 percent increase in the deficit between 2007 ($161 billion) and 2009 ($1.413 trillion) and deficits have stayed in that $1.3 to 1.4 trillion dollar range to this day.
The real showdown will be on the debt ceiling and the spending sequester in March. I ask Mr. Boehner if he will take the debt-ceiling talks to the brink—risking a government shutdown and debt downgrade from the credit agencies—given that it didn’t work in 2011 and President Obama has said he won’t bargain on the matter.
The debt bill is “one point of leverage,” Mr. Boehner says, but he also hedges, noting that it is “not the ultimate leverage.”
What’s the ultimate leverage?
The Republicans’ stronger card, Mr. Boehner believes, will be the automatic spending sequester trigger that trims all discretionary programs—defense and domestic.
Are you friggin’ kidding me? Am I missing something here? Was that not part of the Jan. 1 Fiscal Cliff that never happened? Let me tell you something readers … there are no automatic spending cuts, it’s a complete smoke-screen lie. They can tell you it will happen, but it will never, ever, ever happen since they will just change the rules, move the goal posts and kick the can down the road as they always do.
Jan. 2 proved my case. Throw all the bums out … ALL OF THEM.