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News & Current Events Discuss GOP Teams With McCaskill To Freeze Spending at the General Forum; GOP Teams With McCaskill To Freeze Spending Senate Minority Leader Mitch McConnell (R-Ky.) told reporters Tuesday that "a hundred percent ...

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Old 07-14-2010, 02:05 PM
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Default GOP Teams With McCaskill To Freeze Spending

GOP Teams With McCaskill To Freeze Spending

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Senate Minority Leader Mitch McConnell (R-Ky.) told reporters Tuesday that "a hundred percent of the Republicans on the Appropriations Committee" would be putting forward what he called the "Sessions-McCaskill freeze."

"We're going to recommend a smaller pie, if you will, a smaller discretionary spending budget to our friends in the majority," McConnell said. The entire GOP conference was united behind the proposal put forward by Sen. Jeff Sessions (R-Ala.).

Claire McCaskill, a Democrat from Missouri and an outspoken backer of Obama early in the presidential campaign, said she was thrilled to hear the GOP had glommed on to her proposal.

"I think that's a terrific idea," she said. "I think if we tried to do massive cutting now, we could be dangerously close to a much more serious recession. But capping growth is exactly what we should be doing." McCaskill's measure would cap the growth of domestic spending at one percent.

(SNIP)

Interest on U.S. debt is near historic lows, however, undermining the notion that the foreign investors are worried about the ability of the U.S. to pay its debts, HuffPost noted to McCaskill. "Well, I'm more worried about people in Missouri being nervous about the national debt than I am [worried about foreign investors]. But I think clearly what has gone on in the international market is people understand that debt is the enemy of economic growth," she said.

McCaskill's proposal would freeze spending at a one-percent growth rate over the next three years. Obama has proposed a similar freeze and his administration has been highlighting the deficit in the wake of the run on Greek debt -- a posture that has harmed efforts to get spending through Congress by creating a climate of fear around the debt. More than 40 days ago, Congress allowed extended unemployment benefits to lapse; more than two million people have been cut off.

McCaskill said she counts as many as 17 Democrats who are backing the Sessions-McCaskill freeze. "There is significant support for it in the Democratic caucus," she said.
Yes, it's a HuffingtonPost article. Yes, they tried to cut McCaskill. All this is beside the point.

Obama supports the idea. McCaskill is onboard and recruiting Democrats, and the Republicans look to be aboard.
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Old 07-14-2010, 04:56 PM
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Default Re: GOP Teams With McCaskill To Freeze Spending

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Originally Posted by dabateman View Post
GOP Teams With McCaskill To Freeze Spending



Yes, it's a HuffingtonPost article. Yes, they tried to cut McCaskill. All this is beside the point.

Obama supports the idea. McCaskill is onboard and recruiting Democrats, and the Republicans look to be aboard.
The problem is that 100% of the Republicans and 17 Democrats STILL can't get it through because the rest of the Dems are against it...They need 60...McCaskill is saying they have 57...

This was tried a couple of months ago...Failed by 1 vote because the rest of the Dems blocked it...

From March 4, 2010...

Senate Falls One Vote Shy of Considering Sessions-McCaskill Spending Caps Amendment

Quote:
The Senate has just voted to not waive a Budget Act point of order raised against the Sessions-McCaskill amendment (#3337) to the Senate jobs bill. The amendment would institute discretionary spending caps. The vote was 59-41. Sixty votes were needed to waive the point of order. If the point of order were waived, the Senate would have proceeded to voting on approving the amendment.
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