Tuesday, February 19, 2013

Boehner says sequester replacement must balance budget by 2023

Speaker of the House John Boehner (R-OH) walks with House Majority Leader Rep. Eric Cantor (R-VA) to a meeting with House Republicans on the Yeah, it's insane, but to be fair, it's hard not to sound insane as leader of the House GOP House Speaker John Boehner has now offered his response to President Barack Obama's call for a sequester compromise (full text below the fold) and it's actually quite insane. Consider:
  • Boehner says the president is entirely responsible for the sequester, calling it "his sequester" and "the president's sequester," but Boehner shares the blame. After all, he supported the sequester and when it became law said that he had gotten 98 percent of what he wanted.
  • Boehner said House Republicans have passed two bills that would replace the sequester, but he fails to mention that both of those bills were passed during the previous Congress'before Republicans lost 20 seats'and are therefore now null and void.
  • The reason that the GOP replacement measures were so unpopular isn't hard to understand: They were chock full of savage austerity, raiding food stamps to pay defense contractors.
  • The plan was so reactionary that when it came up for a vote in December, it only got 215 votes, all Republican, with 21 GOPers voting no. With the dramatically downsized GOP majority, it simply could not pass today.
  • Boehner's statement was supposedly intended to embrace deficit reduction, but on taxes he proposed "lower rates." You don't reduce the deficit by reducing tax rates.
  • And finally, the most insane thing of all in his statement: He said the only way to replace the sequester is to pass a plan that will "put us on the path to a budget that is balanced in 10 years." That's so completely crazy that even the insanely draconian sequester replacement plan Republicans passed during the last Congress didn't go that far. The sequester looks like a Keynesian dream compared with a 10-year balanced budget plan. It's simply delusional for Boehner to suggest it now.

Bottom line: The country voted for a more progressive fiscal policy last November, but John Boehner is saying he wants to move the policy to the right. Thanks to gerrymandering, he does have the power to block the majority will by forcing the sequester to take place. But if he thinks we're going to move even further to the right than we already are, he's lost his gourd. And if he doesn't realize that Republicans will pay the price for refusing to compromise on the sequester, he's going to have a rude awakening in November 2014.

No comments:

Post a Comment