The first bolded paragraph gives me hope, however…Some of us are not part of the ‘Amen Corner’ at the RNC and right punditry. So we have an excuse not to be all celebratory yet because the seconded bolded paragraphs are probably the reality. Time will tell what kind of leadership is in the GOP. Can we really cut the budget substantially, or is this just an exercise in futility? This little cut is being hailed as a victory against the forces of Marxism and the third world spend-o-rama of the Obama Presidency. Are these cuts large enough to celebrate?
So, after reading these two competing pieces, what is your opinion on what has and will happen?
An opinion piece from Speaker Boehner:
While the president’s party still controls Washington, House Republicans have dragged a reluctant Senate and White House into taking this imperfect first step toward getting spending under control. The agreement will reduce government spending by $38.5 billion over the next few months — and by hundreds of billions of dollars in the coming decade.
This is real money. And as Stanford University economics professor John B. Taylor observed, “Reducing discretionary spending in 2011 … will help establish credibility and show that government can actually take needed actions, not just promise to take them.”
But the agreement is far from perfect, and we need to do much more if we’re serious about creating new jobs, fixing our spending-driven debt crisis, and ending the uncertainty that continues to plague our economy.
That’s why this week, we’ll advance our fight from saving billions of dollars to saving trillions of dollars as we turn our full attention to the GOP budget outlined by House Budget Committee Chairman Paul Ryan, R-Wis., aptly titled “The Path to Prosperity.”
The Path to Prosperity is a powerful blueprint for economic growth and fiscal responsibility that will help our economy get back to creating jobs, stop Washington from spending money we don’t have, and lift the crushing burden of debt that threatens our children and grandchildren.
Before serving in Congress, I ran a small business. Created jobs. Met a payroll. I understand how important the Path to Prosperity is because I’ve seen firsthand how irresponsible choices in Washington hamper our economy by creating uncertainty and eroding confidence.
With due respect, I think those who are praising the budget deal are deluding themselves. Under circumstances where we are trillions of dollars in debt, the GOP just caved on its promise to cut the relative pittance of $61 billion in spending because it’s just not worth fighting for more than the half-pittance of $40 billion Democrats claimed was their drop-dead number. “Drop dead” meant daring Republicans to shut the government down (which, as we know, doesn’t actually shut the government down). The Republicans blinked.
For me, this is no surprise — as I’ve said several times (see, e.g., here and here), I don’t think they’re serious. But I want to make a point about how strange this praise of Boehner & Co. is. A mere four months ago, the big controversy in conservative and Republican circles was whether the GOP had reneged on their vaunted pledge to cut $100B in spending in the current fiscal year because they had seemingly come down to $61B. As I noted at the time, there was no question that, if you looked at the fine print of the pledge, the commitment was $61B — but that if you looked at reality, both $61B and $100B were laughably unserious. No matter. Folks around here pooh-poohed my criticism and insisted that a $61B pledge was a sober first step, showing real fortitude about getting our fiscal house in order.
So now they’ve stopped short, significantly short, of that purportedly serious step, and the reaction is, “We won!” You’ve got to be kidding me. The only thing Boehner won is future assurance that GOP leadership can safely promise the moon but then settle for crumbs because their rah-rah corner will spin any paltry accomplishment, no matter how empty it shows the promise to have been, as a tremendous victory.
And what’s the rationale for settling? Why, that these numbers are so piddling — that the $21 billion difference is so meaningless in the context of $14 trillion — that it’s best just to settle, make believe the promise was never made, make believe we didn’t flinch, and put this episode behind us so we can begin the “real work” of the next promise, the Ryan Plan.
Regarding that plan, you’re to believe that the captains courageous who caved on $21 billion — and who got elected because of Obamacare but don’t even want to discuss holding out for a cancellation of $105 billion in Obamacare funding — are somehow going to fight to the death for $6 trillion in cuts. Right.
I look forward to next year, though, when the commentariat will no doubt be swooning over the just announced Ryan Plan 2.0. That will be an even more fantabulous, intellectually serious proposal to cut, oh, say $12 trillion (of course, if promises don’t mean anything, why stop at 12?). By then, the same pundits will be warning that the Republicans must not shut down the government to hold out for Ryan 1.0′s trifling $6 trillion. After all, we’ll have the real serious business of Ryan 2.0 to attend to, and the Obama Democrats will be offering to meet Boehner halfway with a swell, good faith counter-offer of $27.50 in spending cuts.
