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Senate Budget

Bok — Sat, 19 Jan 2013 20:00:57 +0000

The 1974 Budget Act requires both houses to pass a budget every year. The senate is four years in arrears.

House Republicans hatched a plan on Friday to raise the debt ceiling, but only if each chamber passes a budget. If senators don’t pass a budget, they don’t get paid.

This sounds suspiciously similar to Charles Krauthammer’s Friday pitch in his Washington Post column, though he didn’t mention the pay part.

Kimberley Strassel, in the WSJ, details how Harry Reid’s rope-a-dope tactics “hide the party’s spending ambitions” and “casts the Republicans as the cause of every legislative crises”.

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Deadbeat Nation

Bok — Tue, 15 Jan 2013 00:50:47 +0000

In the final press conference of his first term, the president explained what he will and will not do. He might take executive action against guns and he won’t be negotiating the debt ceiling with a gun to the head of the American people .

We are not a deadbeat nation and the full faith and credit of the United States is not a bargaining chip. Except when it is.

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Debt Ceiling

Bok — Mon, 31 Dec 2012 20:18:28 +0000

Is the debt ceiling the new fiscal cliff?

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Entitlement State

Bok — Tue, 09 Aug 2011 17:10:07 +0000

As the usual flash mob of national leaders showed up to blame Tea Party terrorists for the debt ceiling deal, Paul Samuelson named the real hostage takers.

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Dow Cow

Bok — Fri, 05 Aug 2011 04:21:16 +0000

Raising the debt ceiling was supposed to calm the financial markets.

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Sausage Works

Bok — Tue, 02 Aug 2011 20:04:49 +0000

President Obama signed $2.4 billion of new debt ceiling sausage into law. The Beaver’s evil twin, Missouri Democrat, Emanuel Clever, called the deal a satan sandwich. The stock market took one bite and retched up its remaining green gains for 2011.

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Win One for the Wu

Bok — Thu, 28 Jul 2011 22:49:12 +0000

David Wu is being forced out of Congress for improper tiger attire. However, the Oregonian is taking a page from the Ohio State Buckeyes and staying on through the Debt Ceiling Sugar Bowl. The question nobody is asking is will the NCAA subsequently vacate any congressional wins where Wu votes.

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Kick the Can

Bok — Thu, 28 Jul 2011 12:06:09 +0000

Here’s Obama telling congress not to kick the can down the road. Here’s Obama kicking the can down the road last February. Here’s the can. It’s big.

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Bluff

Bok — Fri, 15 Jul 2011 18:33:34 +0000

The president admitted that he’s bluffing on the debt ceiling by ordering Eric Cantor not to call him on it. Mitch McConnell acknowledged he doesn’t have the votes for the cuts Republicans want, so he offered a complicated “fallback” plan. McConnell’s plan let’s Obama have his way with Congress but Republicans get to vote against it. Theoretically, that would be useful next election, provided voters can figure what the hell he’s talking about.

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Gotcha, Granny

Bok — Thu, 14 Jul 2011 12:00:08 +0000

When your local school district needs to pass a levy – or else, what’s the first thing they threaten to cut? The Assistant to the Associate Director of Developmentally Appropriate Curriculum Enrichment? Hell, no.

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