By John Galt
July 31, 2011
From the Wall Street Journal’s Washington Wire Blog (Click here to read the entire thread at the source)….
Gee, it doesn’t take long for me to change headlines now does it:
UPDATE FROM THE SAME BLOG 7/31 19:14 ET:
7:14 pm
GOP Leaders Sign on To Tentative Debt Deal
by Corey BolesHouse Republican leaders have agreed to a “tentative deal” to lift the U.S. debt ceiling and cut the deficit by roughly $2.4 trillion in a series of stages. House leaders have scheduled a briefing for their caucus at 8:30, aides say. The move comes after a long afternoon during which House Speaker John Boehner (R., Ohio), balked at proposals that could lead to sharp cuts in military spending.
Earlier, Senate Majority Leader Harry Reid (D., Nev.) “signed off” on a debt-ceiling plan pending the approval of the Senate Democratic caucus, a congressional aide said Sunday.
Now, the leaders have to round up their troops and schedule votes.
I am so unshocked it is not even funny. The French Cheese Eating Surrender Monkeys known as the Republican leadership demonstrated that once again Jello has more spine than they do. Now the American people who actually care about the nation’s future have to hope the Marxists and Real Conservatives kill this bill tomorrow morning.
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Original post from the WSJ:
6:24 pm
Boehner Balking at Debt Deal
by Joseph B. WhiteHouse Speaker John Boehner (R., Ohio) appears to be balking at the debt ceiling deal that Senate Democratic Majority Leader Harry Reid of Nevada has signed. Mr. Boehner is concerned about provisions in the deal that could lead to sharp cuts in military spending, say people familiar with the situation. House aides have warned that just because Mr. Reid has signed off on the deal doesn’t mean the deal is done.
Needless to say, gold prices have immediately bounced off their lows on this news.
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