Boehner’s powerpoint misstates the deal to his members. 1) The baseline is not specified in the bill, and does not prevent taxes.2) Boehner suggests that deficit reduction or [Balanced Budget Amendment] has to pass for Prez to get second debt increase. Not so. McConnell mechanism.Now, I don’t know if this was just written hastily or Speaker’s office is trying to mislead House GOP. But it’s wrong.
Enforcement mechanism established to force all parties – Republican and Democrat – to agree to balanced deficit reduction. If Committee fails, enforcement mechanism will trigger spending reductions beginning in 2013 – split 50/50 between domestic and defense spending. Enforcement protects Social Security, Medicare beneficiaries, and low-income programs from any cuts.
Andrea Mitchell: There has always been anger and animus in among leaders and among the followers - the rank and file, the caucus. But these new members really are willing to tear the place down. And they not only don't care whether or not are re-elected - they don't want pork (laughs). There are no inducements to get them to follow the speaker or the other leaders. So they don't want the traditional methods of buying loyalty here and that was a reform that now has changed the dynamic.Brian Williams: Alright, Andrea Mitchell from our Washington newsroom. Wish there was better news to report to folks especially about our era in Government.I could spend hours fisking this conversation - but let's focus on the last two paragraphs. Tea Party Congressmen refuse to take pork - Brian and Andrea are dismayed. I Don't Have To Say Anything Else.
This trigger is intended to be an incentive for committee Members of both parties to agree on more cuts, but defense cuts of this magnitude would do far more harm to national security than they would to domestic accounts that have been fattened by stimulus. This is the worst part of the deal, and Mr. Obama's political goal will be to press Republicans to choose between tax increases and destructive defense cuts. The GOP will have to fight back and make the choice between domestic cuts and harm to our troops fighting multiple wars.