Sunday, July 31, 2011

BREAKING NEWS -- Fwd: Budget Deal ANS Bulletin

Joyce just sent me this breaking news to send on to you all.  This is the latest proposal, it hasn't been accepted yet: it still needs to be voted on, but this is the compromise they may just accept on both sides. 


The latest budget Deal and Why Obama Does more than people think he does.
 
Obama announced a compromise budget deal with GOP lawmakers today Sun -7:00PM PST
The details in a nutshell :
 
1.       ~ $3 trillion in cuts to year 2021
2.       ~$1 trillion now, no revote on the debt ceiling until after 2012 elections
3.       Not tied to Bush cuts
4.       Committee of six Dems six GOPs recommend remaining cuts to 2021.
5.       If not reach goal, auto cuts across the board.
6.       President has authority to override recommendations (Playing Chess here); he or she will have the power to add or subtract from military, SS, Medicare: This means in the future, there will be less SS or MED cuts if we have a Dem president and congress, lots if Republican Pres and congress -- it's our choice to support liberals and get them in office, or not.  This is where us "having his back" is the most important thing here.
 
All this subject to change house might not go with it.

No comments: