John King, USA

The latest political news and information on the most important stories affecting you.
July 28th, 2011
02:10 PM ET

Be in the know: Today's political bullet points

Every day we ask influential politicos to send us their top three bullet points that are driving the day's conversation inside and outside Washington.

Senior Editor of Mario Solis-Marich:

– Product Failure: Democrats are quietly looking at poll numbers that in combination with redistricting plans indicate a takeover of congress is possible in 2012, is the Tea Party the Edsel of politics?

– Marketing Failure: After hoping that Senator Marco Rubio would be key to saving the GOP from a demographic political abyss, frustrated top Republican consultants are realizing that Latino voters want candidates that not only look like them but that also think like them.

– Just Plain Old Failure: President Obama's deficit cutting plan – $4 trillion, Reid's deficit cutting plan – $2 trillion, Boehner's deficit cutting plan – $850 billion, watching the GOP brand implode – priceless.

RedState.Com Editor Erick-Woods Erickson:

– A week ago, all the House GOP and 5 Democrats voted to send the GOP's Cut, Cap, and Balance plan to the Senate where it came just a few votes shy of a majority. Today, the House GOP will send John Boehner's new scheme to the Senate without all the GOP votes, probably none of the Democrats' votes, and it will get no votes from the GOP in the Senate with a pledge to get no Senate Democratic votes either. Apparently that's leadership.

– What will probably happen is the Senate Democrats will use John Boehner's plan as a shell to then insert their own plan, including the tax increases the President wants, and then send it back to the House daring the Senate GOP to filibuster it and the House to kill John Boehner's plan.

– Meanwhile, at the other end of Pennsylvania Avenue, the President still has no budget, no debt ceiling plan, and his press secretary is increasingly losing credibility with the press. Ain't politics grand?

Editor’s Note: The blog is a place for a freewheeling exchange of ideas and opinions. CNN does not endorse anything said by its contributors.

Filed under: Bullet Points
soundoff (3 Responses)
  1. Jim Carroll

    Posted on June 12, 2011 by jcarroll

    Mr. President, you are going to be a one term President if you don’t wake up! We don’t need to borrow any money. Our Founding Fathers gave us three ways to balance the budget. Why do you not use the third way? Coin money and regulate the value there of; is the solution. Why do you ignore the real solution?

    China has adopted The Philosophy of Mixturism and Nature’s Basic Law of Economics by James M. Carroll. Why have you never read these books? You have to by-pass the Banking Industry, and put money where it is needed.

    Over thirty million businesses filed a tax return with the IRS last year. How can we allow less than ten thousand public traded corporations to control the way we think about the economy? They have put the USA in a box.
    The Constitution does not give them the right to control the economy. Wall Street is a Gambling Casino.

    Mr. President, you and the News Media need to explore the Internet Free Press and get educated. We can not allow the Tea Party Terrorist to bomb the foundation from under Medicare, Social Security, and the Safety Net
    for the Poor Class. The Poor Class is hurting because of stupidity! Read more at Internet Free Press.

    July 28, 2011 at 6:13 pm |
  2. Nigel

    I think republicans understand they helped create this debt by pushing Bush's blank check on wars. We had a surplus over a decade ago and Bush created this madness, where were the Republicans then? Also the markets already stated based on Boehners plan we will downgrade the US. If based on the republicans plan is bad for markets why still push something to hurt us?

    July 28, 2011 at 7:00 pm |
  3. Name*rob

    Considering breaking my ira on friday and pulling retirement funds before market meltdown. Penalty likely to be much less than the consequences of default.

    July 28, 2011 at 9:18 pm |