Shockingly, Supercommittee To Fail, Now Trading Blame

In all seriousness, did anyone think that the Supercommittee would actually come up with some sort of deal to save a paltry $1.2 trillion – rather weird to write paltry regarding that amount of money, yet, it is paltry when it comes to the federal budget – over 10 years? The GOP wanted actual cuts, the Democrats wanted to raise taxes. There was very little give. And, now, the blame starts

(Fish Wrap Of Record) With the hours ticking away toward a self-imposed deadline, Congressional leaders conceded Sunday that talks on a sweeping deficit agreement were near failure and braced for recriminations over their inability to reach a deal.

The stalemate was the latest sign of partisan deadlock in Washington, which members of both parties do not expect to lift until the 2012 election has clarified which party has the upper hand. (Snip)

On Sunday, in the halls of the Capitol and on television talk shows, Democrats and Republicans offered strikingly different post-mortems for the process.

Democrats blamed the Republicans for their unwillingness to yield on a no-new-taxes pact they signed at the request of a conservative antitax group, arguing that the American public realizes that no grand deal could be reached without a combination of spending cuts and new tax revenue.

But Representative Jeb Hensarling, Republican of Texas, the co-chairman, said it was the Democrats’ inflexibility that had caused the impasse, particularly when it came to agreeing to major money-saving changes in social programs like Medicare and Social Security.

“Unfortunately, what we haven’t seen in these talks from the other side is any Democrats willing to put a proposal on the table that actually solves the problems,” Mr. Hensarling said on “Fox News Sunday.”

Democrats wanted taxes now, and for any cuts to occur later, which means they would never happen. They live in this little fantasy world, where they think more revenue will solve everything. But, in government, even if they do not have the money, they’ll still increase spending. What happens when you give them even more money? They’ll spend it. It would never be used to reduce the deficit and debt. Never.

The solutions are really very simply. First, reduce wasteful spending. Do not overpay. Do not pay for cost over-runs. Do not pay for contract work not done. Do not use federal money for things private individuals and companies should pay for themselves.

Second, simply cut the budget by 10-15% for next year. Cut the next year. And cut till the agencies are running lean, like they should.

Third, no more political payback. No sending federal money to campaign donators companies. Do not allow interested parties to negotiate the contracts for federal unions, if not do away with the unions altogether.

Fourth, make Congress and the president take a pay cut, and cut their own budgets. Reduce the pay for new hires and replacement workers back in line to private sector wages, if not below.

Fifth, throw the bums out if they continue to think of the money as their own, rather than treating it with the massive respect it deserves.

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach. Please sign the drill now petition.

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