McConnell ‘Burst into laughter’ over Tim Geithner’s Obama Plan


While the more optimistic think Obama will want to come to sort of agreement rather than go over the “fiscal cliff”, others of us are less optimistic, and apparently McConnell is one, Those that think that Obama is concerned about his legacy and will want to turn the corner and try to save our country from bankruptcy are in for a surprise. There is nothing in his background, nor his minions he has marching to who knows whose orders, that would indicate it. To take down a super power what could be more grand. His anit-colonialist feelings are well-known. The more optimistic of us believe he can not achieve it during his tenure, and we shall rise again into fiscal sanity. Here we go:

Mitch McConnell, the Senate Republican leader, says he “burst into laughter” Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff. He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.

Charles Krauthammer on Obama’s ‘Insulting’ Fiscal Cliff Offer: ‘Republicans Ought to Simply Walk Away’

 

Geithner suggested $1.6 trillion in tax increases, McConnell says, but showed “minimal or no interest” in spending cuts. When congressional leaders went to the White House three days after the election, Obama talked of possible curbs on the explosive growth of food stamps and Social Security disability payments. But since Geithner didn’t mention them, those reductions appear to be off the table now, McConnell says.

Besides raising taxes, Geithner was reported to have proposed a one-year delay in scheduled $1.2 trillion spending cuts to defense and domestic, and a $400 billion reduction in Medicare funding. The $1.2 trillion in cuts was mandated after Congress failed to reach an agreement in 2011 on reductions. From The Weekly Standard

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10 Responses to “McConnell ‘Burst into laughter’ over Tim Geithner’s Obama Plan”

  1. Alceste Says:

    I do believe it’s all part of B.O.’s plan. Marxism 101: Destroy the Middle Class. With this he gets to kill two birds with one stone. Hurt the Middle Class AND blame it all on the Republicans. That’s why his plan is so ridiculous. He doesn’t want them to agree to it, he just wants to be able to say later, “Hey I had a plan that would’ve saved you all. It was the evil Republicans who didn’t agree to it!”

    Like

    • bunkerville Says:

      As mark levin said last night, the GOP should just pass the middle class tax cut only, and tsar the wind out of his sails. Yes, we were set up, and played like a fiddle. Thanks for stopping by,

      Like

  2. TexasFred Says:

    It’s probably not the 1st time someone looked at Little Timmy and broke out in laughter…

    This time it was serious!

    Like

    • bunkerville Says:

      Meanwhile would someone tell dear leader, the election is over, he can come off the campaign trail.

      Like

  3. Always On Watch Says:

    Laughter is the only sane response. And so is walking away — as Krauthammer says.

    Like

    • bunkerville Says:

      Time to stop talking and let us decend. The only aggravating fact is that Boehner set up Armageddon with the result that our millitary will be stripped.

      Like

  4. silverfiddle Says:

    The DC wing of Obama’s Choom gang have busted out the store windows and are now going for the grab.

    Lest someone accuse me of partisanship, I will add that they are just following in the footsteps of Bush’s gang of pirates, led by Dirty Hank Paulson, when they blew a hole in the side of the treasury and looted it to refill the pockets of the Wall Street banksters with the booty.

    Like

    • bunkerville Says:

      I couldn’t agree with you more. Sending over tiny Tim said it all.

      Like

  5. Conservatives on Fire Says:

    I agree with Krauthammer because I am afraid Obama sees the GOP as being very vulnerable and I think he is planning to take advantage of that situation and is, therefore, willing to let US go over the fiscal cliff and blame it on the onstructionist GOP, thus destroying the GOP, and then he thinks that Congress can just pick things up in January and no real harm will have been done. I personaly think he doesn’t understand how much damage could be done before the new Comgress could set things right. Obama and Geithner are probably thinking that it they who will have the last laugh.

    Like

    • bunkerville Says:

      The market will take a huge hit, the damage will done. Looking for Paul revere to let the Americans know disaster is coming.

      Like


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