U.S. debt reduction ideas irking Tea Party and liberals alike – Dominion Lending Centres Clearlease

U.S. debt reduction ideas irking Tea Party and liberals alike – Dominion Lending Centres Clearlease

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease reports there are few political winners on Capitol Hill this week as a vote approaches on a long-term budget deal between Republicans and Democrats aimed at avoiding a government shutdown in the United States.

President Barack Obama is once again angering liberals and progressives by asserting the country’s most cherished entitlement programs — Medicare, Medicaid and Social Security — need to be reformed in order to help slash the country’s crushing US$14 trillion debt.

Republicans, meantime, are facing similar heat from the far-right reaches of their base. So-called Tea Party patriots are threatening to target establishment Republicans, including House of Representatives speaker John Boehner, in primaries leading up to the 2012 elections.

Why? Because they’ve failed to insist on more aggressive cuts.

House Republicans and Senate Democrats agreed last week to US$39 billion in spending cuts, the deepest in American history, in a deal that would keep the government funded for the remainder of fiscal 2011.

But their pact came after House Republicans originally voted to chop $61 billion in a package of cuts that included deep slashes to entitlement programs. The compromise with Democrats has prompted accusations by some Tea Party adherents that they caved.

In a highly anticipated speech on Wednesday, Obama suggested entitlement programs can no longer be considered the sacred cows of debt reduction while making a dig at Republicans, whose proposed cuts he referred to as “radical” in the prepared text of his remarks. The president dropped the word when delivering the speech.

“There are those who believe we shouldn’t make any reforms to Medicare, Medicaid, or Social Security out of a fear that any talk of change to these programs will usher in the sort of steps that House Republicans have proposed,” Obama said.

“I understand these fears. But I guarantee that if we don’t make any changes at all, we won’t be able to keep our commitments to a retiring generation that will live longer and face higher health care costs than those who came before.”

He stopped short of proposing deep cuts to those entitlement programs, however. The prospect of slashing social programs has angered several liberal groups in recent days.

It’s hardly the first time Obama has irked them — the left has bitterly complained about the president several times previously, including when he dropped the public option in last year’s sweeping health-care overhaul and failed to close down the Guantanamo Bay prison camp in Cuba as promised.

The liberal activist group MoveOn.org, which played a significant role in Obama’s presidential campaign in 2008, has denigrated his budget deal with Republicans while raising alarm bells that he might be pondering taking on some of his deficit commission’s ideas on debt reduction, including taking the axe to social programs.

Obama is playing a dangerous game, MoveOn says, since his actions could result in his Democratic base staying home in 2012.

Another liberal group, the Progressive Change Campaign Committee, says thousands of liberals have dished in e-mails that they will not donate a dime to Obama’s re-election campaign if Medicare or Medicaid are placed on the chopping block.

Nonetheless one debt hawk praised Obama on Wednesday. David Walker, the former comptroller general of the United States, said Obama’s speech “exceeded my expectations” and scoffed at liberals who insist social programs are sacrosanct when it comes to reducing debt.

“They’re in denial,” Walker, who now heads the Comeback America Initiative, said in an interview.

“There is clear and compelling evidence that the government has over-promised on entitlement programs, and the biggest threats to those programs now would be to under-react. It’s time to take action.”

The Republicans’ 2012 proposal, offered up by congressman Paul Ryan of Wisconsin, would eventually privatize Medicare and hand over control of Medicaid to individual states. But Obama warned Wednesday that such a scheme “is not a vision of the America I know.”

Tea Party disciples, on the other hand, say Republicans haven’t gone nearly far enough to address the country’s debt woes. John Boehner, speaker of the House of Representatives, is a particular target of their ire.

“Now it is time to fire John Boehner along with Barack Obama in 2012,” writes John Snyder at The American Dream, a libertarian blog.

“Boehner must go. If the Tea Party is serious about cutting government spending then they must hold John Boehner accountable and go after his seat during the next primary season.”

Rand Paul, a Tea Party favourite who’s now a Kentucky senator, has hinted he’s girding for battle on the Senate floor, suggesting he’ll hold up passage of the bill that could be subject to a vote as early as Thursday. The legislation would keep the government funded for the remainder of fiscal 2011.

Paul said Wednesday he’s considering employing a filibuster, a popular congressional manoeuvre that means a bill must have 60 votes before it passes and is sent on its way to the president’s desk to be signed into law.

A filibuster would make it onerous for senators to pass the budget deal by midnight Friday, when the government’s latest spending measure expires.

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

U.S. debt reduction ideas irking Tea Party and liberals alike - Dominion Lending Centres Clearlease

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease reports there are few political winners on Capitol Hill this week as a vote approaches on a long-term budget deal between Republicans and Democrats aimed at avoiding a government shutdown in the United States.

President Barack Obama is once again angering liberals and progressives by asserting the country’s most cherished entitlement programs — Medicare, Medicaid and Social Security — need to be reformed in order to help slash the country’s crushing US$14 trillion debt.

Republicans, meantime, are facing similar heat from the far-right reaches of their base. So-called Tea Party patriots are threatening to target establishment Republicans, including House of Representatives speaker John Boehner, in primaries leading up to the 2012 elections.

Why? Because they’ve failed to insist on more aggressive cuts.

House Republicans and Senate Democrats agreed last week to US$39 billion in spending cuts, the deepest in American history, in a deal that would keep the government funded for the remainder of fiscal 2011.

But their pact came after House Republicans originally voted to chop $61 billion in a package of cuts that included deep slashes to entitlement programs. The compromise with Democrats has prompted accusations by some Tea Party adherents that they caved.

In a highly anticipated speech on Wednesday, Obama suggested entitlement programs can no longer be considered the sacred cows of debt reduction while making a dig at Republicans, whose proposed cuts he referred to as “radical” in the prepared text of his remarks. The president dropped the word when delivering the speech.

“There are those who believe we shouldn’t make any reforms to Medicare, Medicaid, or Social Security out of a fear that any talk of change to these programs will usher in the sort of steps that House Republicans have proposed,” Obama said.

“I understand these fears. But I guarantee that if we don’t make any changes at all, we won’t be able to keep our commitments to a retiring generation that will live longer and face higher health care costs than those who came before.”

He stopped short of proposing deep cuts to those entitlement programs, however. The prospect of slashing social programs has angered several liberal groups in recent days.

It’s hardly the first time Obama has irked them — the left has bitterly complained about the president several times previously, including when he dropped the public option in last year’s sweeping health-care overhaul and failed to close down the Guantanamo Bay prison camp in Cuba as promised.

The liberal activist group MoveOn.org, which played a significant role in Obama’s presidential campaign in 2008, has denigrated his budget deal with Republicans while raising alarm bells that he might be pondering taking on some of his deficit commission’s ideas on debt reduction, including taking the axe to social programs.

Obama is playing a dangerous game, MoveOn says, since his actions could result in his Democratic base staying home in 2012.

Another liberal group, the Progressive Change Campaign Committee, says thousands of liberals have dished in e-mails that they will not donate a dime to Obama’s re-election campaign if Medicare or Medicaid are placed on the chopping block.

Nonetheless one debt hawk praised Obama on Wednesday. David Walker, the former comptroller general of the United States, said Obama’s speech “exceeded my expectations” and scoffed at liberals who insist social programs are sacrosanct when it comes to reducing debt.

“They’re in denial,” Walker, who now heads the Comeback America Initiative, said in an interview.

“There is clear and compelling evidence that the government has over-promised on entitlement programs, and the biggest threats to those programs now would be to under-react. It’s time to take action.”

The Republicans’ 2012 proposal, offered up by congressman Paul Ryan of Wisconsin, would eventually privatize Medicare and hand over control of Medicaid to individual states. But Obama warned Wednesday that such a scheme “is not a vision of the America I know.”

Tea Party disciples, on the other hand, say Republicans haven’t gone nearly far enough to address the country’s debt woes. John Boehner, speaker of the House of Representatives, is a particular target of their ire.

“Now it is time to fire John Boehner along with Barack Obama in 2012,” writes John Snyder at The American Dream, a libertarian blog.

“Boehner must go. If the Tea Party is serious about cutting government spending then they must hold John Boehner accountable and go after his seat during the next primary season.”

Rand Paul, a Tea Party favourite who’s now a Kentucky senator, has hinted he’s girding for battle on the Senate floor, suggesting he’ll hold up passage of the bill that could be subject to a vote as early as Thursday. The legislation would keep the government funded for the remainder of fiscal 2011.

Paul said Wednesday he’s considering employing a filibuster, a popular congressional manoeuvre that means a bill must have 60 votes before it passes and is sent on its way to the president’s desk to be signed into law.

A filibuster would make it onerous for senators to pass the budget deal by midnight Friday, when the government’s latest spending measure expires.

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

U.S. debt reduction ideas irking Tea Party and liberals alike – Dominion Lending Centres Clearlease

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease reports there are few political winners on Capitol Hill this week as a vote approaches on a long-term budget deal between Republicans and Democrats aimed at avoiding a government shutdown in the United States.

President Barack Obama is once again angering liberals and progressives by asserting the country’s most cherished entitlement programs — Medicare, Medicaid and Social Security — need to be reformed in order to help slash the country’s crushing US$14 trillion debt.

Republicans, meantime, are facing similar heat from the far-right reaches of their base. So-called Tea Party patriots are threatening to target establishment Republicans, including House of Representatives speaker John Boehner, in primaries leading up to the 2012 elections.

Why? Because they’ve failed to insist on more aggressive cuts.

House Republicans and Senate Democrats agreed last week to US$39 billion in spending cuts, the deepest in American history, in a deal that would keep the government funded for the remainder of fiscal 2011.

But their pact came after House Republicans originally voted to chop $61 billion in a package of cuts that included deep slashes to entitlement programs. The compromise with Democrats has prompted accusations by some Tea Party adherents that they caved.

In a highly anticipated speech on Wednesday, Obama suggested entitlement programs can no longer be considered the sacred cows of debt reduction while making a dig at Republicans, whose proposed cuts he referred to as “radical” in the prepared text of his remarks. The president dropped the word when delivering the speech.

“There are those who believe we shouldn’t make any reforms to Medicare, Medicaid, or Social Security out of a fear that any talk of change to these programs will usher in the sort of steps that House Republicans have proposed,” Obama said.

“I understand these fears. But I guarantee that if we don’t make any changes at all, we won’t be able to keep our commitments to a retiring generation that will live longer and face higher health care costs than those who came before.”

He stopped short of proposing deep cuts to those entitlement programs, however. The prospect of slashing social programs has angered several liberal groups in recent days.

It’s hardly the first time Obama has irked them — the left has bitterly complained about the president several times previously, including when he dropped the public option in last year’s sweeping health-care overhaul and failed to close down the Guantanamo Bay prison camp in Cuba as promised.

The liberal activist group MoveOn.org, which played a significant role in Obama’s presidential campaign in 2008, has denigrated his budget deal with Republicans while raising alarm bells that he might be pondering taking on some of his deficit commission’s ideas on debt reduction, including taking the axe to social programs.

Obama is playing a dangerous game, MoveOn says, since his actions could result in his Democratic base staying home in 2012.

Another liberal group, the Progressive Change Campaign Committee, says thousands of liberals have dished in e-mails that they will not donate a dime to Obama’s re-election campaign if Medicare or Medicaid are placed on the chopping block.

Nonetheless one debt hawk praised Obama on Wednesday. David Walker, the former comptroller general of the United States, said Obama’s speech “exceeded my expectations” and scoffed at liberals who insist social programs are sacrosanct when it comes to reducing debt.

“They’re in denial,” Walker, who now heads the Comeback America Initiative, said in an interview.

“There is clear and compelling evidence that the government has over-promised on entitlement programs, and the biggest threats to those programs now would be to under-react. It’s time to take action.”

The Republicans’ 2012 proposal, offered up by congressman Paul Ryan of Wisconsin, would eventually privatize Medicare and hand over control of Medicaid to individual states. But Obama warned Wednesday that such a scheme “is not a vision of the America I know.”

Tea Party disciples, on the other hand, say Republicans haven’t gone nearly far enough to address the country’s debt woes. John Boehner, speaker of the House of Representatives, is a particular target of their ire.

“Now it is time to fire John Boehner along with Barack Obama in 2012,” writes John Snyder at The American Dream, a libertarian blog.

“Boehner must go. If the Tea Party is serious about cutting government spending then they must hold John Boehner accountable and go after his seat during the next primary season.”

Rand Paul, a Tea Party favourite who’s now a Kentucky senator, has hinted he’s girding for battle on the Senate floor, suggesting he’ll hold up passage of the bill that could be subject to a vote as early as Thursday. The legislation would keep the government funded for the remainder of fiscal 2011.

Paul said Wednesday he’s considering employing a filibuster, a popular congressional manoeuvre that means a bill must have 60 votes before it passes and is sent on its way to the president’s desk to be signed into law.

A filibuster would make it onerous for senators to pass the budget deal by midnight Friday, when the government’s latest spending measure expires.

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###



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