The US government spends about $11 billion every day, Ryan’s sell out will save $7 billion. Oh, that’s seven billion over ten years.
Ryan contends lowering the cost-of-living adjustment (COLA) for military retirees under 62 will decrease the deficit by $7 billion over 10 years.
This provision was part of the Ryan/Patty Murray deal to scrap the sequester that was actually reducing government spending by a few bucks. The budget compromise passed the House by a 332-94 vote with most Republicans falling into line behind Speaker Boehner and Finance Chairman Ryan’s fiscal sell out.
You might wonder how a provision like this could pass the House.
These concerns over military pensions could prove problematic in getting the budget deal passed in the Senate. While the House passed it 332-94 Thursday evening with 169 Republicans voting for it–largely based on Ryan’s selling of it to the conference–these pension issues had not fully come to light by the time of the vote.
In other words, Boehner & Ryan jammed the bill through the House without giving members time to read it. We’re shocked. We also want to take a moment to thank our Representative, David Schweikert, for bucking the leadership – as he frequently does – and voting against this monstrosity.
Some are holding out hope that the bill won’t get through the Senate, Dick Durbin said on Sunday they didn’t have the votes. But never fear.
“Senator Orrin G. Hatch, Republican of Utah, announced his support for the measure on Monday, appearing to give it the 60 votes it would need to overcome a filibuster threat and bring it to a final vote, which would need only a majority,” the Times’ Jonathan Weisman wrote Monday. “Mr. Hatch joined Senators John McCain and Jeff Flake of Arizona, Richard M. Burr of North Carolina, Susan Collins of Maine, and Ron Johnson of Wisconsin, all Republicans who have said they will vote to cut off debate.”
According to the Times, Hatch said he would support it even though he did not agree with the details of the plan.
We’re ashamed of our Arizona Senators. John McCain is a senile, old, reprobate who believes in nothing but publicity and he’s very successfully co-opted Jeff Flake in his first year in the Senate.
Orrin Hatch is a two-faced back-stabber. Remember just a year ago when he was making nice-nice with the Tea Party and conservatives in general so he could get past a primary battle? Well, he’s back to his true colors, voting with the Washington establishment “even though he did not agree with the details of the plan”.
We used to be a supporter of term limits, we long ago gave up on that. These days we support allowing House Members three terms and Senators two and at the end of their service throwing them off the top of the Capitol Dome head first onto the Capitol steps and leaving their bodies there for the vultures, at least until the new Congress is seated.