Seismic Stadium: Jumping Virginia Tech Metallica Fans Make ‘Enter Sandman’ a Richter Scale...
Lawyers for Letitia James Say FBI Probe into Her Alleged Mortgage Fraud Is...
Breaking: Former White House Official Camryn Kinsey Collapses On-Air on Fox News
Military Transition: Pete Hegseth Sets June 6th for Transgender Service Members to Resign...
Tim Miller: America Has Become ‘An Oppressive Hell for Non-Citizens’
NYT: West Point Is to Educate, Not Indoctrinate, Says Professor Who's Quitting
Media Weeps for Granny's Deportation, Skips Her 20-Year Illegal Run and Military Base...
Minnesota Supreme Court Rules Topless Woman Is Not Guilty of Indecent Exposure
Gender-Swapping Dem Congress Critter Snarks at Gulf Rename, Ignores Own Name Change Hypocr...
Megyn Kelly Hopes 20-Year-Old Intern Was Running the Pope’s Twitter Account
Tim Walz: Give Me Liberty, or Give Me Dolls
Sen. John Fetterman Blows Up at Teachers' Union Representatives, Leaves Staffer in Tears
ABC News: Trump Administration 'Considering' Releasing the Robert Hur Tapes
BREAKING: Trump Taps Fox News ‘The Five’ Co-Host Jeanine Pirro for Interim U.S...
James Carville Says Rep. Ilhan Omar Needs to Learn to Shut Up

Nancy Pelosi's budget flip-floppery

There are a number of budget votes happening in the House of Representatives today. One of them was on a variant of the Simpson-Bowles debt commission proposal. The commission, set up by President Obama, laid out a plan whereby taxes would go up a roughly $2 trillion and spending would come down slightly and, at some point in the future, the budget would balance. That assumed, of course, that federal revenues were a larger percentage of GDP than they had ever been in the history of the country and that they stayed at that level forever.

Advertisement

Okay, so there was a minor miracle involved in the plan, but at least it tried to balance the budget with numbers that looked mostly reasonable. Then-Speaker Nancy Pelosi didn’t like that proposal much because it, well, let’s she what she said.

“This proposal is simply unacceptable,” Pelosi said in a statement at the time. “Any final proposal from the commission should do what is right for our children and grandchildren’s economic security as well as for our nation’s fiscal security, and it must do what is right for our seniors, who are counting on the bedrock promises of Social Security and Medicare.”

She suggested the commission’s plan would undermine a middle class already “under siege for the last decade and unable to withstand further encroachment on their economic security.”

There you have it. Today, she’s singing a different tune. That or she’s decided to lay siege to the middle class herself.

Today’s compromise to that compromise would have eventually balanced the budget on roughly the same timeline at Simpson-Bowles, but with fewer taxes and more cuts to spending. Those changes were “simply unacceptable” to Pelosi and her Democratic caucus.

Advertisement

https://twitter.com/#!/LukeRussert/status/185383559001935874

https://twitter.com/#!/LukeRussert/status/185383097985019904

How did the President’s budget proposal fare? Not well. Not well at all.

https://twitter.com/#!/AllenWest/status/185377628902010880

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement