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McConnell ‘Burst Into Laughter’ as Geithner Outlined Obama’s Plan

Home - by - November 30, 2012 - 09:45 America/New_York - 14 Comments

Weekly Standard

McConnell

Mitch McConnell, the Senate Republican leader, says he “burst into laughter” Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff.  He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.

Geithner’s visit to his office left McConnell discouraged about reaching a “balanced” deal on tax hikes and spending reductions designed to prevent a shock to the economy in January.  “Nothing good is happening” in the negotiations, McConnell says, because of Obama’s insistence on tax rate hikes for the wealthy but unwillingness to embrace serious spending cuts.

Geithner suggested $1.6 trillion in tax increases, McConnell says, but showed “minimal or no interest” in spending cuts. When congressional leaders went to the White House three days after the election, Obama talked of possible curbs on the explosive growth of food stamps and Social Security disability payments. But since Geithner didn’t  mention them, those reductions appear to be off the table now, McConnell says.

 

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h/t Torey Dawn Hodges

» 14 Comments

  1. Tim

    November 30th, 2012

    Last night Newt said there is no fiscal cliff, and the socialists are just trying to scare the RINOs into doing stupid, suicidal stuff.

    $16 Trillion of debt is more than the US’s GDP. The coming avalanche of taxes won’t make a dent in that, and everyone who can do math knows it.

    This is political blamesmanship of the most repugnant. Our gov’t is a criminal enterprise and the politicians must be held responsible – or they will continue to rape us and destroy our country.

    The fault lies entirely with the politicians. The ObamaPhone lady will go to the gulag just like everyone else, once her useful idiocy is no longer useful.

    Noteworthy Comment Thumb up +10

     
  2. MADJACK

    November 30th, 2012

    The fiscal cliff my ass! :mad: This is entirely about paying for the welfare and entitlement state that democrats and republicans have created over the past 75 years. :mad:

    Noteworthy Comment Thumb up +12

     
  3. bitterclinger

    November 30th, 2012

    Just as depressing is the new push to steal our 401K’s. This is as important as any catastrophic event that has ever happened to this country. This is do or die.

    –paraphrase of Mark Levin, 11/29/12

    Listen to the commercial-free rebroadcast here:

    http://bit.ly/TxYF0j

    Thumb up +4

     
  4. Nutjob

    November 30th, 2012

    He probabaly burst into laughter when turbo timmy kept insisting 2 + 1 = 7 trillion in revenue, and slashing 0 spending is 9 trillion in savings.

    Thumb up +6

     
  5. Carlos The Jackal

    November 30th, 2012

    We’ve become Somalia, and TSA, FBI, CIA, USDA, BATF, etc are warlords carving out their slice.

    Thumb up +6

     
  6. Anonymous

    November 30th, 2012

    So glad they think it’s funny. I’m guessing eventually folks will get shootin’ mad.

    Thumb up +6

     
  7. Joe

    November 30th, 2012

    I agree with McConnell… we should all be laughing at cute little Timmy. He don’t know sh_t.

    Thumb up +2

     
  8. Jerry Manderin

    November 30th, 2012

    I’d feel a ton better if Newt were Speaker instead if that sissy boy that’s in there now.

    Thumb up +6

     
  9. old_oaks

    November 30th, 2012

    Want to really giggle your ass off?

    Consider this… The current fight by democrats is to KEEP something GWB started.

    Boooosch!

    Thumb up +3

     
  10. Extirpates

    November 30th, 2012

    He wasn’t laughing when he gave “o” $850 Billion with the
    “obama”-mcConnell” bill, but that was taxpayers money.

    Thumb up +4

     
  11. pissedpatriot30

    November 30th, 2012

    When do we ALL snap…. that’s all I want to know? How is this thing going to start? Who gives the word? At what point is it agreed that enough is enough? A line in the sand has to be drawn people!!! We need to effectively establish what this line is so that EVERYONE goes off at the same time!!!!! Can we somehow get organized here fro crying out loud!!!!?????

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  12. pissedpatriot30

    November 30th, 2012

    yeah… I did mean “fro” (ha ha)

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  13. Dismas In Wonderland

    November 30th, 2012

    McConnel was laughing while thinking, “We sure have the electorate bamboozled into thinking we are going to do any thing more than steal every cent we can squeeze out of them. Two party system? Only a fool believes there’s a two party system in America.”

    Emerson Lake And Palmer Lyrics
    ” Come On See The Show ”

    Welcome back my friends
    to the show that never ends
    We’re so glad you could attend,
    come inside, come inside
    Don’t be an ass
    Obama’s bill will pass
    We’ll jointly pick your pocket
    again and again and again

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  14. Aunt Liz

    November 30th, 2012

    Little Timmy Tax Cheat Geithner is an apt messenger for such a laughable proposal. Geithner has truly sold his soul to the Devil.

    Thumb up +2