Why is Harry Ried filbustering his own bill?

The reason he's doing this is because he wants to hold up any vote on it until 1am Sunday so it forces everyone into that "national crisis!! VOTE THIS OR ELSE" scenario.


It's beyond cheap shit now. He doesn't even have enough democrat votes in the Senate to pass it so he's burning up time until it's down to "this or nothing"
 
Reid is a fucking idiot. I don't know why everyone is blaming Republicans when Reid is doing this shit.
 
He doesn't have the votes and knows it won't pass. Plus there's a supermajority being tied to it. He neeRAB 60 votes for it to be approved, Democrats only have 51-53 votes in the Senate on their side.

Like the Republicans that couldn't pass their own bill out of the house without changing it several times until it was a piece of partisan legislation that had no hope of passing anything else.....the Democrat bill is partisan and includes "cuts" that aren't really cuts...so they can't get the support of their opponents either.

They're both acting like Children who can't figure out how to determine long term fiscal solvency without demanding their own path be taken as opposed to the other teams.
 
It's a legislative procedure, if the Majority Leader changes his vote at the last minute to againt it then he can bring up the bill again in less than 24 hours. He did it many times in test votes for Healthcare Reform.
 
Yes. I firmly believe the correct answer would have been immediate significant cuts, with revenue increases through a simplified tax strucure in a year or two, but that isn't possible in the current environment.

I do not, and never have believed that bondholder default was ever a possibility. Since there seems to be no chance of a substantial reduction of deficits, it's almost a certainty that a lowered credit rating will occur. Of course, I'm not so sure that it matters, since I think the markets will generally ignore it. There is no current option to replace the US dollar as the reserve currency, and there really is no other place for that money to go. It may slightly affect interest rates, but then again, it may not.
 
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