Conservative Wanderer

“A troubled and afflicted mankind looks to us, pleading for us to keep our rendezvous with destiny; that we will uphold the principles of self-reliance, self-discipline, morality, and, above all, responsible liberty for every individual that we will become that shining city on a hill.” — Ronald Wilson Reagan

Boehner’s Plan Passes House

Step One, completed (emphasis in original):

The House approved legislation on Friday by Speaker John Boehner, R-Ohio, to reduce the deficit by $915 billion over 10 years and increase the federal debt ceiling by $900 billion. The bill would allow for an additional $1.5 trillion increase in the debt ceiling early next year contingent on two outcomes: Congress enacting further deficit reductions and a balanced budget amendment sent to the states.

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CBO: Boehner Plan Cuts More Than Reid Plan

That is, if you take one of Reid’s number tricks out of the equation

The debt-ceiling plan authored by House Speaker John Boehner (R-Ohio) cuts the deficit by more than the plan by Senate Majority Leader Harry Reid (D-Nev.) if an assumption about war funding is removed from the Reid bill.

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Mitch McConnell Has A Really Good Point

Ya gotta give the man credit, he sometimes comes up with great statements:

“Lawmakers should be working a solution to this crisis, not a blocking strategy. Our Democrat friends here in the Senate have offered no solutions to this crisis that could pass either chamber. Not one. Instead, all day long yesterday, we got chest-thumping comments about how they’re going to kill any piece of legislation that comes over here from the House, that it’s dead on arrival.

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Nancy Pelosi’s Debt Chart Is A “Pants On Fire” Lie

So says PolitiFact, a website that in the past has gone somewhat harder on conservatives than on lefties:

We find so much wrong with this chart that we don’t think it contains any significant approximation of the truth. It made a major calculation error that dramatically skewed the debt increase away from Obama and toward George W. Bush. It glossed over significant variations in time served in office. It cherry-picked the measurement that was favorable to its cause. And it is contradicted by statistics for GDP-adjusted debt, which show Obama to be the most, rather than the least, debt-creating president of the last five. None of this suggests that Obama can’t turn things around as the economy improves (and Democrats can also take some solace in the fact that Bill Clinton did remarkably well in all of our measurements). But in communicating which administrations contributed the most to growth of the debt, this chart is a failure. We rate it Pants on Fire.

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Ya Know Who Else Supports Boehner’s Plan? Economist Thomas Sowell

Are folks gonna proclaim Thomas Sowell a RINO or squish now?

Now that the Republicans seem to have gotten the Democrats off their higher taxes kick, the question is whether a minority of the House Republicans will refuse to pass the Boehner legislation that could lead to a deal that will spare the country a major economic disruption and spare the Republicans from losing the 2012 elections by being blamed — rightly or wrongly — for the disruptions.

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Perry: Abortion Is A States Rights Issue

Rick Perry argues on the basis of the Tenth Amendment:

Despite holding personal pro-life beliefs, Texas Gov. Rick Perry categorized abortion as a states’ rights issue today, saying that if Roe v. Wade was overturned, it should be up to the states to decide the legality of the procedure.

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Keith Hennessey Also Supports The Boehner Plan

Add another name to the list, this time long-time economic advisor to senior Republican officials, including Trent Lott, Pete Domenici, and George W. Bush, Keith Hennessey.

First I’ll flag what I like about the substance of the bill.

  • As initially drafted it would cut spending by $850 B over the next decade. That’s not chump change. I expect this number will soon go up to $900 B – $1 T.  Update:  New version is $917 B in spending cuts over 10.
  • It has statutory discretionary spending caps and a sequester to enforce them.
  • It does not raise taxes.
  • It raises the debt limit, as we must do.

It also tees up House and Senate floor votes on the Balanced Budget Amendment, but that is not my priority.  A BBA would take years to enact, and we cannot wait that long to fix the underlying math problem.

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