The GOP is so proud of the Paul Ryan budget and wants such a grand discussion about it that they scheduled a House markup within a couple days and a full vote in the House this week. In other words, they want to fast-track the budget resolution, get it done so they can use it as a lever to pull the conversation to the right in the upcoming debate.
The only problem with that is that a substantial number of House Republicans are uneasy about passing the bill, particularly because it privatizes Medicare and cuts Medicaid. They’ll all vote for it, of course, but it doesn’t mean they have to be thrilled about it.
Whether they’re new lawmakers in formerly Democratic seats or House veterans who represent districts with large elderly populations dependent on Medicare, a significant number of Republicans realize that embracing the Ryan plan may be one of the most treacherous votes of the year.
Rep. Tim Murphy, a fifth-term Republican who represents a western Pennsylvania district south of Pittsburgh with roughly 17 percent of residents older than 65, is still undecided. Susan Mosychuk, Murphy’s chief of staff, said it’s a “high-profile vote” that they are “still taking a look at.”
Rep. Gus Bilirakis, a Republican from western Florida with a district in which roughly 20 percent of its residents are older than 65, is “still looking it over and trying to decide.” [...]
Rep. Sean Duffy (R-Wis.), one of the most high-profile freshmen, said he’s undecided. Rep. Steve Southerland, a Republican who took Democrat Allen Boyd’s northern Florida seat, is in the same place as Bilirakis. So is Ohio freshman Rep. Jim Renacci.
My mother-in-law lives in Murphy’s district. Republicans in Pennsylvania and Florida are going to have a tough time with this budget. It’s simply a fact that it shifts public debt onto private debt, by burdening seniors with the rising cost of health care and providing nothing to lower that cost. Seniors would pay twice as much under Medicare with the Ryan budget.
What’s more, this looks like the kind of mistake that Democrats did when they pushed through the cap and trade bill in summer 2009, when it didn’t have a chance of becoming law due to the Senate. The same thing applies here: Republicans will take a tough vote that won’t end up becoming law. It will simply go into the election ads of their 2012 opponents. Democrats have already gotten these ads ready.
A fund-raising e-mail sent Monday by the Democratic Congressional Campaign Committee warned recipients that the Ryan budget would “end Medicare as we know it and force seniors to clip coupons if they need to see a doctor.” It added, “Meanwhile, the wealthy would receive another tax cut.”
Other Republicans are putting on a brave face, saying that the conversation around spending has changed and isn’t so politically fraught. This of course depends on the quality of the opposition and whether they will get a clean shot at them. A lot depends on that speech in just over an hour.




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Any word on Gerlach? If he votes for this, he should be toast, finally!!
I just checked out Gerlach’s website, and this is what it says:
Congressman Jim Gerlach (PA-6th District) issued the following statement early Saturday after an agreement was announced on cutting spending by $38.5 billion over the next six months and preventing an interruption of paychecks for our troops and their families:
I live in PA, too!
Total Koch kabuki.
Nothing for them to be nervous about.
Obama’s got their backs. He’ll get it done for ‘em.
From “$38 Billion In Cuts? Make That $353 Million” (Apr. 13, 2011):
Lookie what Mr. David Stockman had to say today:
Federal Reserve’s path of destruction
Commentary: Crony capitalism continues
http://www.marketwatch.com/story/federal-reserves-path-of-destruction-2011-04-13?link=MW_story_popular
David Stockman, by way of Marketwatch, April 13, 2011
“The destructive result of the Federal Reserve’s earlier housing and consumer credit bubble became the excuse for embracing a destructive zero interest rate policy which is self-evidently fueling even more destruction.
This destruction is namely, the exploitation of middle class savers; the current severe food and energy squeeze on lower income households; the illusion in Washington that Uncle Sam can comfortably manage $14 trillion in debt because the interest carry is close enough to zero for government purposes; and the next round of bursting bubbles building up among the risk asset classes.
Moreover, the Fed soldiers on with its serial bubble-making, even though…
Indeed, the evidence that the Fed no longer has any clue about the transmission pathways which connect the base money it is emitting with reckless abandon (e.g. Federal Reserve credit) to the millions of everyday pricing, hiring, investing and financing outcomes on Main Street sits right on its own balance sheet. Specifically, if the Fed actually knew how to thread the needle to the real economy with printing press money it wouldn’t have needed to manufacture $1 trillion in excess bank reserves — indolent entries on its own books for which it is now paying interest.
So in the present circumstances, ZIRP and QE2 amount to a monetary Hail Mary. There is no monetary tradition whatsoever that says the way back to U.S. economic health and sustainable growth is through herding Grandma into junk bonds and speculators into the Russell 2000…”
EverNewEcoN would like to see Mr. Bernanke replaced with a Co-Chairpersonship, at least one of those persons being Elizabeth Warren, preferably the second being Joseph Stiglitz.
In view of Mr. Stockman’s outspoken disdain above, which looks wll placed to me, I’m allowing myself: I strongly suspect Mr. Bernanke did more good working at South of the Border.
http://sites.google.com/site/evernewecon
Were there any sanity left inside the Beltway, the Rs would all be put away in the looney bin.
“Meanwhile, the wealthy would receive another tax cut.”
Obama willingly signed on with the Bush tax cuts. The DCCC certainly has nothing to brag about or to be proud of. Both parties are duplicitous, corporate ass licking, lying, pieces of shit.
Oh. And there’s one more thing.
Those 0% reserves, at the expense of retirees’
nest egg earning power (apart from the investment flow
of those who sold bubble assets and made good decisions,)
even as creeps want to privatize Social Security, and even
as Medical Service Accounts (contra-early medical intervention)
would feed an unsupervised banking sector’s next Ponzi
scheme,
are actually being invested (not talking about $100 millions in
banker bonuses you rewarded these guys with) all over the place
(as in all over the world.)
Hey, did you hear the one about the middle class subsidizing the
ultra wealthy’s lavish tax cuts and then getting penalized by the
ultra wealthy for it?
EverNewEcoN
When did David Stockman ever have any creds?
Bernanke’s even worse. But that would never allow me to cite Stockman in defense of my evaluation.
They should be nervous.
Obama gave a brilliant political speech today. In particular, he got the frame right.
eh? I think the D’s could go right along with the R’s to the looney bin, myself. Is there that much difference?
The D’s just pretend to hide behind the R’s on tax cuts for the wealthy. Let’s all get a clue: ALL of the Fed Pols (and many State Pols) are very wealthy in their own right. At the end of the day, all they’re doing is voting for THEIR OWN tax cuts (as well as that of their even wealthier overlords). I see NO diff bet the two so-called “parties,” myself. Looters, brigands, crooks – one & all.
Wouldn’t argue that one.
Shhhh, don’t let our banksters know about this from Irish banksters:
they blame the voters for electing governments that let them get away with the mess that the Irish financial system is in right now…so of course the taxpayers should foot the bill.
Surely there’s a special hell for all these guys.
You see clearly.
Back at ya, medcat.