Everyone’s mild about Harry: Reid’s plan to take center stage today

Is Harry Reid’s plan the way out of the debt ceiling impasse? Or is he preparing to give away the store?

Politico goes with the first take:

Democratic leaders said on Monday that they are looking toward Senate Majority Leader Harry Reid’s upcoming new proposal to raise the debt ceiling as offering “hope” for a deal — and warned time is fast running out.

“I think we’ve got 48 hours within which to do something very, very meaningful,” Assistant House Minority Leader James Clyburn (D-S.C.) said on MSNBC’s “Morning Joe.”

The plan that leads to progress, he said, could be Reid’s Sunday proposal, which would cut at least $2.7 trillion in spending and be matched by an equal increase to the debt ceiling.

Citing Reid’s plan, Sen. Chuck Schumer (D-N.Y.), the third-ranking Senate Democrat, said, “I think there’s some hope today” for progress.

“Sen. Reid is going to put forth an offer that meets the Democrats’ main criteria, going past 2012, and the two Republican criteria — enough cuts to equal the amount you raise the debt ceiling and no revenues,” Schumer said on MSNBC. “And I think that has some hope.”

Reid’s as-yet-to-be-unveiled plan, Schumer said, has the potential to be sufficiently conciliatory to House Speaker John Boehner’s (R-Ohio) caucus that an agreement can be reached. “Hopefully it’s the kind of thing that Speaker Boehner can rally his tea party troops toward,” he said.

It’s also the kind of proposal that can get enough Democratic support to pass both the House and the Senate, Schumer said.

Democrats are ”willing to move and compromise,” he said. “What’s killing this, among many other things, is this idea they’re both to blame – that’s not the case.”

As details of the Reid plan continue to emerge, Schumer said his party is not giving up on its goals for a deal. “Surrender would be putting in all the entitlement cuts without a nickel of revenues. We’ve held the line on that and that’s not the case.”

And Greg Sargent goes with take two (with lots of other great stuff in that post):

Last night, Harry Reid released a statement saying Dems would release yet another framework today that contains a long term debt limit increase, spending cuts but no entitlements benefits cuts, and no revenue increases. Lori Montgomery previews how this offer would work, and it too seems designed to call the GOP’s bluff:

People familiar with the months-long search for a debt-reduction compromise said that hitting such a large target without raising taxes or cutting entitlement programs would probably require Reid to rely heavily on savings from ending the wars in Iraq and Afghanistan — a figure budget analysts said could easily amount to more than $1 trillion over the next decade.

tick tock…

Counting money not spent on wars that the nation is already planning to end is widely viewed as a budget gimmick, and House GOP leaders have been reluctant to include it as savings. But it has a political advantage because it was included in the budget blueprint House Republicans adopted this spring.

That Dems are now calling this latest offer a compromise — deep cuts and no tax increases in exchange for a debt ceiling increase that Republicans themselves previously agreed was inevitable — is another sign of just how far to the right this debate has shifted. It would constitute a substantial win for Republicans — if only they would take it.

Meanwhile, Republicans are still going on television this morning talking in vain about “cut, cap and balance.” Please, somebody tell these folks that idea, and the lame, focused group title they love so much, is deader than dead.

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24 Responses to Everyone’s mild about Harry: Reid’s plan to take center stage today

  1. Rupert says:

    Harry’s plan is a lot like the one Pelosi was talking about last week; so it’s the Dems in Congress caving, rather than the Pres. But I guess the goal now is to get a debt ceiling increase lasting into 2013. At least it beats Cut, Crap & Cripple.

  2. Woo says:

    Republicans will say they don’t like it and then Obama will offer them Medicare cuts, Social Security cuts, or cuts of healthcare for poor children, just like he always wanted. T

    Then Obama bots will scream at everybody to shut up! Na na na na na! I can’t hear you!

  3. Flo says:

    When they turn this down, it will prove what the President said– they don’t know how to say yes.

    @Woo–you don’t seem to know how to say anything adult.

  4. Kerry Reid says:

    Right, Woo — the same way he threw Planned Parenthood under the bus in the budget deal. Oh that’s right — he didn’t. Take your nap. And your meds.

  5. Woo says:

    They make a good point over at FDL, why should the republicans say Yes when they keep getting more of what they want when they say No?

    Obama’s a truly lousy president. But you knew that.

  6. Flo says:

    FDL is a truly lousy blog.
    But you knew that.

  7. Woo says:

    It’s a good point. Jane’s over there calling Barack a punk. He does look like a punk to me.

    What do you think? Is Barack Obama a punk?

  8. Woo says:

    Well, not literally.

  9. woo says:

    Ms Drew says he’s ‘pathetic and embarrassing’.

  10. Flo says:

    Woo: the pig who cried wee wee wee all the way home.
    Shut up, Woo.
    (and try reading the whole Drew article, if you can)

  11. hilda banks says:

    You see, these idiots don’t like,trust or respect the President. Everybody thinks they can just say whatever they like about him. This is truly frustrating for him because if he were white this would not be happening. I hate to say that but it is so obvious. Why doesn’t the media call them out on that? They would never treat Bush, Clinton or Reagan this way. Everything President Obama has tried or wanted to do it is a big damn fight. They just can’t vote on something and be done with it but then everyone says President Obama is weak or he comprises too much but that’s not true because you just can’t herd cats.

  12. Woo says:

    That wee wee wee noise was Barack, Flo. He’s so weak.

  13. Woo says:

    He’s being judged by the content of his character, Hilda. You should look at that rather than the color of his skin.

  14. Rupert says:

    Just remember Woo, he’s helping repeal DADT so you can join the Marines when you grow up. You Woo should be grateful.

  15. Kerry Reid says:

    Woo, on how earth could you make out what Jane was saying since she usually has her mouth full of Grover Norquist’s nutsack.

  16. Flo says:

    ewww Kerry….. Jane needs to rinse her mouth and notice that Reid and Pelosi are doing the caving. Hard to call the teabaggers bluff if the Dems in Congress are giving up.

  17. js says:

    The rating agencies have already said that Boehner’s plan would downgrade the rating of US debt, so it is a no go. The Tea Baggers have already downgraded the world opinion of the US with the revelations that the maniac terrorist in Norway was
    in collusion with the Tea Party Patriots.It seems like they are intent on destroying the US, just because they hate the democrats being in charge and they are racist and hate a black president. Hamsher hates everybody – it;s what she does!
    If everyone would email their representative and ask them to repeal the hundreds of thousand of our dollars the freshman tea baggers put for themselves in earmarks – in the defense bill it would be a good thing.
    Also hope everyone is aware of the fact that since Bachmann targeted schools in her district for gay bashing there have been numerous child suicides!
    Hope everyone is paying attention!

  18. Woo says:

    So, would you vote for Obama if he cut benefits?

  19. Flo says:

    It’s not all about one issue.
    And there are others involved in these things; Congress for instance.
    And who else is on the ballot?

  20. and i says:

    People’s Social Security and Medicare are the only issue left, flo, he’s already sold out on the wars and the bankers.

    Will you vote for Obama if he cuts benefits?

  21. Woo says:

    Sorry, that was me, Flo.

    Will you vote for Obama if he cuts benefits?

  22. Flo says:

    A. he hasn’t done it
    B. I wouldn’t refuse to vote for someone over that one issue. That’d be like being a teabagger and refusing to vote for someone for raising $1.00 of taxes.

  23. Woo says:

    Those are hardly comparable, flo. Are you already trying to minimize Obama’s next sellout?

    Got a little feeling, huh?

  24. Flo says:

    Go jump in the firedoglake, Woo.
    Go vote for Michele Bachmann, Woo.
    I answered your bogus question.

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