“The President needs to put a plan on the table.” That was the message at the Republican House press conference this morning, as multiple House Reps stepped to the microphone.
This really is the heart of the problem. The House Republicans have passed a budget, but the Democrats in the Senate have done nothing, and Obama has sat back and watched in between fundraising and golf offering a budget unanimously rejected by everyone on both sides of the aisle.
If the debt increases $2.4 trillion as Democrats want, one of the Reps said, that equates to $20,000 per American.
Eric Cantor stated that the Democrats are offering “perhaps” $1.5 trillion in spending cuts although the number keeps changing, while the House budget is $6.1 trillion.
Next week Republicans in the House will bring forward a “cut, cap and balance” bill.
In a sign of the trouble Republicans have getting their message out, MSNBC was covering Casey Anthony, and even Fox News cut away before the press conference was over. Somehow I don’t think that will happen when Obama holds his press conference at 11.
Update: Here’s how The Hill describes the plan:
The plan would authorize a $2.4 trillion increase in the debt ceiling after Congress passes a balanced-budget amendment.
According to a summary shown to The Hill, the plan would cut $111 billion in fiscal 2012 and cap spending at 18 percent of gross domestic product by 2021. The $2.4 trillion increase in the debt ceiling would satisfy President Obama’s demand that the additional borrowing authority carry the nation through the 2012 elections.
Donations tax deductible
to the full extent allowed by law.