Chuck Schumer: Okay, Senate Democrats will pass a budget this year

posted at 10:31 am on January 21, 2013 by Allahpundit

A moment worth commemorating: Like the inauguration, a promise from a top Senate Democrat to pass a budget happens only once every four years. There’s no way to justify another year of ducking the issue now that the GOP’s made it a condition of raising the debt ceiling short-term, so here’s Schumer’s familiar counter-move. They’ll pass a budget but they’ll insist on a “balanced approach” in doing so, even though the cause of the country’s fiscal crisis is decidedly imbalanced.

Likely sources of new revenue: Energy companies, of course, and the bottomless well of riches that you and I know as “the wealthy.”

The proposed tax increases to be included in the Senate budget would be on the wealthy, oil and gas companies and corporations doing business overseas, Schumer said.

The increases on the wealthy, which Schumer did not spell out, would be in addition to the rate increase on income over $450,000 a year that Congress voted on at the beginning of the month during the fiscal cliff fight.

Closing corporate-tax loopholes and eliminating certain deductions will surely also be on the table, although some of those loopholes aren’t so loophole-y and some of those deductions are extremely popular. But this’ll all be hashed out in the tax-reform process, which Congress will get to as soon as it’s done passing a few new token gun-control laws that won’t work and an immigration reform bill that will end up swelling the ranks of Democratic voters by millions. A look ahead:

Senate Democrats will draft a budget blueprint for the first time in four years, and use it to clear a path for a broad rewrite of the tax code that would raise significant revenue over the next decade — and be filibuster-proof at the same time — said Senator Charles E. Schumer of New York…

Democrats plan to use a budget procedure called reconciliation to give Congressional tax-writing committees instructions to work out a broad overhaul and simplification of the tax code, with a 10-year revenue target included. Under reconciliation, the resulting tax legislation could pass the Senate with just 51 votes, not subject to a filibuster by Senate Republicans. Reconciliation is “a tactic we need to go on offense,” Mr. Schumer said in an interview after the show…

If both chambers pass their budgets, negotiations over the reconciliation would effectively become the next round of budget talks. If the two sides can agree to enough deficit reduction, the talks could shut off the automatic, across-the-board spending cuts.

That’s the point of kicking the debt-ceiling fight three months down the road — with that issue now looming in April/May instead of February, Republicans will in theory have more leverage when negotiating an omnibus package with The One that covers next year’s federal spending and the sequester. Per Politico, the GOP’s gambling that Obama will be so reluctant to face the political fallout from letting the defense cuts in the sequester take effect that he’ll agree to replace those cuts with some minor entitlement reform instead. Why they think that, given the relative popular support in a bluer America for slashing the Pentagon’s budget vis-a-vis slashing Medicare’s, I don’t know. Wasn’t the whole point of nominating Chuck Hagel to give O bipartisan cover in whittling down defense?

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Ha!
Good pic for the thread.

justltl on January 21, 2013 at 10:33 AM

Are you sure that he wasn’t just saying that to Joe and Eileen Bailey?

I’ll believe it when I see it.

“Biking through New York’s boroughs in 2005, I thought about some old friends, Joe and Eileen Bailey. Though they are imaginary, I frequently talk to them.” – Charles Schumer

Resist We Much on January 21, 2013 at 10:34 AM

Well then we are fortunate that raising taxes on energy companies won’t have any impact on the consumer such as higher gasoline prices, higher food prices, or more costly products across the spectrum.

Forward! Right smack into the grave, peasant!

Bishop on January 21, 2013 at 10:35 AM

Not sure what the urgency is all of the sudden – they’ve let the finances go completely to sh*t over the last 4 years due to their incompetence and duplicity by not doing their jobs.

Oh, that’s right.

Elections in 2 years. Gotta pretend they did something because once this gun nonsense dies down, it’s going to be evident they have nothing to offer the country. Again.

Good Lt on January 21, 2013 at 10:36 AM

Per Politico, the GOP’s gambling that Obama will be so reluctant to face the political fallout …

What they fail to realize is that Obummer doesn’t give a hoot about “political fallout” now that he’s reelected.

KS Rex on January 21, 2013 at 10:36 AM

To a democrat a budget is merely a list of what his bud’s get.

Flange on January 21, 2013 at 10:37 AM

The Senate will pass a budget? Did Chuckie bother to check with Harry Reid on that?

GarandFan on January 21, 2013 at 10:43 AM

Doesn’t matter what the Senate Dem’s do, they will start with Landrieu, Begich, Pryor, Johnson, Hagen and the nominee from WV as severe underdogs.

The further Left they go, the bigger climb it is on keeping these Senate seats.

Tater Salad on January 21, 2013 at 10:44 AM

the GOP’s gambling that Obama will be so reluctant to face the political fallout …

The GOP is the gambler who plays poker with his cards flipped around so everyone can see them.

Good Lt on January 21, 2013 at 10:45 AM

The GOP needs to start playing the Dem’s game; start running kids out with letters to their Senator imploring them to not leave them with the $bill$.

Tater Salad on January 21, 2013 at 10:45 AM

Lying liars lie.

trigon on January 21, 2013 at 10:46 AM

Is HeII spelled with L’s or capitol I’s the way I do it. Either way it will never happen.

Bmore on January 21, 2013 at 10:47 AM

Doesn’t matter what the Senate Dem’s do, they will start with Landrieu, Begich, Pryor, Johnson, Hagen and the nominee from WV as severe underdogs.

The further Left they go, the bigger climb it is on keeping these Senate seats.

Tater Salad on January 21, 2013 at 10:44 AM

Silly wabbit, you still believe that vote count actually matters.

Archivarix on January 21, 2013 at 10:47 AM

Per Politico, the GOP’s gambling that Obama will be so reluctant to face the political fallout …

What they fail to realize is that Obummer doesn’t give a hoot about “political fallout” now that he’s reelected.

KS Rex on January 21, 2013 at 10:36 AM

-
He never had to worry about that stuff in the first place. The last time I saw him sweat while saying something that should have been damaging to his political image was when he made the ‘lipstick on a pig’ comment… He knew what he was saying, he knew it was risky, and he said it anyway… then the MSM ran interference for him and he has never doubted their boot-licking loyalty since.
-
He could eat a live kitten on stage and they would all line up to carry the plate to the kitchen. So long as the propaganda ministry has his back… and the 47%ers think they are getting a free meal there is no reason for him to moderate… And as you say, he’s had his last election… All bets are off as to what he’ll try.

RalphyBoy on January 21, 2013 at 10:52 AM

Schmucky Schumer is one of the many reasons why Term Limitation in Congress is now desperately needed, and fast!

pilamaye on January 21, 2013 at 10:54 AM

I sincerely wish we had a free press in this country and not Pravda and Izvestia. If we did, they would be explaining to the American people how the Democrats have been scamming the tax payers by not passing budgets and forcing Republicans do keep signing CR’s.

COnsider this, how does the government keep coming up with money to spend on programs that don’t work? Where did the remaining stimulus money go? How much has the budget increased because of automatic increases built into the system? Why weren’t Democrats willing to put their name on a budget for 4 years? Why was the press willing to allow them to lie about the filibuster, which can’t be used in the budget process? These are just a few questions I have that our illustrious free press has refused to go after.

The Democrats must feel, after the last election, that it’s politically safe to do a budget, but that isn’t the way the law reads. The law doesn’t say you only have to put out a budget when it’s politically safe, you need one all the time. I don’t trust the Democrats and I never will and I’m sure, after this is all over, I’ll have more company than I do now.

bflat879 on January 21, 2013 at 10:59 AM

Schumer = slime……

Another result of idiot New Yorkers foisted on the rest of the Republic.

ultracon on January 21, 2013 at 10:59 AM

They’ll pass, er, something…so they can see what’s in it.

askwhatif on January 21, 2013 at 11:00 AM

Let the Senate pass a budget laden with more taxes. Still helps GOP fortunes in 2014 and poses a difficult vote for many red state Dems — Reid can only lose a few votes and still get 51 to pass. Reid has protected his caucus for years by avoiding difficult votes through this constant brinkmanship and avoidance of regular order. It is outrageous.

I believe a lot of people are missing the big picture: the House GOP is settling on sequestration as the final option, perhaps the only option to force real spending cuts. This means that they’ve come to terms with accepting the defense cuts.

I applaud this move, because letting the Dems worm out of sequestration invites more hoaxes – at which the Dems are legendary.

matthew8787 on January 21, 2013 at 11:07 AM


******************* Alert *****************************

15m The Associated Press The Associated Press ‏@AP

GOP officials say the House will vote Wednesday on an increase in the nation’s debt limit: http://apne.ws/11LKg6g -MM

canopfor on January 21, 2013 at 11:07 AM

I think you mean “this year’s” federal spending. FY2013 began on October 1 of last year and we’ve been floating on continuing resolutions up to the end of March.

These clowns continue to insist on doing everything with zero Republican involvement, and then wonder why Republicans try to stop them from just passing whatever they feel like.

The Schaef on January 21, 2013 at 11:11 AM

the House GOP is settling on sequestration as the final option, perhaps the only option to force real spending cuts. This means that they’ve come to terms with accepting the defense cuts.

Works for me. O has lied about reducing spending by leaning on the decreased need for future defense spending based on the foregone conclusion of us not fighing in Iraq for the next ten years.

Now the shoe is on the other foot. Reductions in defense spending were never more negotiable than now, when we already know we won’t be fighting in Iraq for the next ten years. Sauce for the goose, and (hopefully) actual cuts in domestic spending to boot.

The Schaef on January 21, 2013 at 11:13 AM

The DIMocrats will pass a budget when pigs fly…

Apologies to Maxwell the Geico pig and his little word game…

Khun Joe on January 21, 2013 at 11:18 AM

Be assured that whatever they do or don’t do they will make it even harder for John Q. Citizen to seek prosperity.

Criminals.

Dr. ZhivBlago on January 21, 2013 at 11:22 AM

Whether republicans think they have leverage or not is irrelevant. They will cave for whatever excuse they can find. They are so inept that they always leave themselves with this choice to make:

Should we say we are against it and get the blame for failure or compromise and share the blame for failure?

They are totally incompetent and can be expected to think themselves into a small urine-soaked box every. single. time.

ROCnPhilly on January 21, 2013 at 11:29 AM

The Republicans have gotten on the wrong end of the blame game.
I suggest that, in the spirit of the Gramm-Rudman-Hollings Balanced Budget and Emergency Deficit Control Act of 1985, they raise the debt ceiling for a two year period, but in 3 month increments.
This moves the “ball” into the President’s “court” to finally find all that “waste, fraud and abuse” we keep hearing will be funding ObamaCare.

J_Crater on January 21, 2013 at 11:31 AM

Chuck and his cabal have enough of the electorate convinced that more “revenues” will solve all the nation’s fiscal problems. That includes the 47% of people who do not pay any taxes at all, and 10-15% of the hardbitten liberals who believe in raising taxes as an article of faith. Where does that leave us?

That leaves us with a decade or two of stifling, exhausting, hopelessly rising taxes. A drip here, a drip there. The ending of the 2% FICA contribution holiday will just be the tip of the spear. Every day, every debate, from now on, will be about “a little more revenue.” The U.S. economy will be stifled, stagflated, and squashed, and as interest rates go up on the debt service, more money will be printed – wiping out any nominal gains in salary. As a radio network owner told me on Friday, “We scraped and scraped the budget and cut the fat everywhere so we could give our faithful employees a COLA adjustment this year for the first time in three years. Now they are making less than before the adjustment.” He was very frustrated.

I would say feel bad for the youth who are going to be suffering the next couple decades of nongrowth, but they voted for it. Unfortunately their parents never taught them basic economics. They are the true losers here. As a 25-year-old, I feel heartsick for the bleak future we all face.

JoseQuinones on January 21, 2013 at 11:55 AM

They senate will never pass a budget while the Dems control the senate. passing a budget used to be a yearly requirement not once per Presidential Term….

jack_in_the_box on January 21, 2013 at 12:09 PM

Is that photo from the first time Dubya vetoed a bill? Or from the last time Slick Willie said something that was true?

Bigfoot on January 21, 2013 at 12:15 PM

I’m intrigued by how brazen they’ve been of late with some of these proposals. I’m not sure what the GOP stands for, but I can tell you, just based on the last few weeks, Democrats want to take your guns and more of your money. The Celeb in Chief might be able to sell those things to a certain extent, because of the cult of personality around him, but other Dems won’t have that luxury.

changer1701 on January 21, 2013 at 12:15 PM

I’m sure said ‘budget’ if ever passed, will include lots of ‘investments’. Just to make it ‘balanced’. I’m just as sure that the enabling GOP will dutifully bend over and go ‘Forward’ again.

ghostwalker1 on January 21, 2013 at 12:20 PM

Chuck Schumer: Okay, Senate Democrats will pass a budget this year

…yeah!…s u r e !…and my schumer… is two and a half feet long!

KOOLAID2 on January 21, 2013 at 12:21 PM

Whether republicans think they have leverage or not is irrelevant. They will cave for whatever excuse they can find. They are so inept that they always leave themselves with this choice to make:

and that’s a fact. thhhhhhhhhhh

Edith Ann

Liberals are so stupid they actually believe this stuff about getting the rich instead of looking at what happens when taxes are raised. The Googles and Microsofts of the world find ways to shelter their income, those who can’t shelter enough of it or have a monopoly (like gas and oil) simply raise their prices to cover each and every government grab at their profits……. and the consumer (yes, even the liberal consumer) ends up paying those increased taxes.

katablog.com on January 21, 2013 at 12:34 PM

Frankly, the only thing that will finally force budget reduction is when the individuals who pulled the lever for Ogabe watch helplessly as their incomes rapidly crater and they have to start removing toys, expensive trips and expensive foods (like meat) from their personal budgets. We will get change when they finally realize just how much their “free” health care actually costs.

catsandbooks on January 21, 2013 at 12:40 PM

But here’s the tricky part: it’ll be for FY 2011.

PersonFromPorlock on January 21, 2013 at 12:46 PM

The increases on the wealthy, which Schumer did not spell out, would be in addition to the rate increase on income over $450,000 a year that Congress voted on at the beginning of the month during the fiscal cliff fight

I’m sorry, but what part of compromise do the Democrats not understand?? Proof again that there is absolutely no reason to try and bargain with liberals.

Ann on January 21, 2013 at 1:32 PM

chuck u schumer, the only place where where a balanced approach is an unbalanced budget!

Dr. Demento on January 21, 2013 at 2:54 PM

Schmucky Schumer is one of the many reasons why Term Limitation in Congress is now desperately needed, and fast!

pilamaye on January 21, 2013 at 10:54 AM

No, Chucky and Hairy are the consequences of 17th Amendment , which needs to be repealed!

belad on January 21, 2013 at 2:58 PM

Chuck Schumer: Okay, Senate Democrats will pass a budget this year

.
…yeah!…s u r e !…and my schumer… is two and a half feet long!

KOOLAID2 on January 21, 2013 at 12:21 PM

.
My schwartz beats your “schumer” … : )

listens2glenn on January 21, 2013 at 4:33 PM