John King, USA
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 Political Columnist for TheDailyBeast.com John Avlon:
– Debt Ceiling Deal – Our long national nightmare is over – for now. After a unexpectedly broad bipartisan margin in the House, the bill is expected to pass the Senate at noon today. Club for Growth and the Progressive Campaign Change Committee lobbied and lost. We avoided default – now the focus for those who care about the deficit and debt will be on the composition of the bipartisan joint special committee.
– Gabrielle Giffords Appears – Sometimes symbolism matters – and the image of Gabrielle Giffords casting her first vote for the debt ceiling bill was an inspiring reminder that the hyper-partisan fights of the past few weeks do not represent our best selves or our best traditions. Giffords' centrist record in the House is itself a reminder of the kind of leadership Americans are looking for.
– 77% of Americans Think Congress Acted Like Spoiled Children – Just to put a final point on it – the dysfunction of the debt ceiling debate will leave some scars. It was a vivid example of what happens when hyper-partisanship gets out of control – the basic responsibility of self-government becomes more difficult as good faith is undermined by absolutists and the American people walk away disgusted by D.C. – again.
RedState.Com Editor Erick-Woods Erickson:
– As Erin Burnett noted last night on John King USA, if this debt ceiling plan is implemented it will add $12 trillion to the national debt over the next ten years. That's if it goes to plan. That's insane.
– What no one wants to talk about is that even were the Democrats to get every tax reform and increase they want, tax to GDP isn't going to get above 20% of the economy. Meanwhile the Democrats are still spending over 25% of the economy. More cuts must happen.
– New word: “tranche.” Whoever decided we all should start using it should be grounded.
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.
About this Show:
Your daily destination for political news. Join John each night as he pulls back the curtain on Washington, cuts through the partisan noise, and gets to the bottom of stories that affect you.
John King, USA aired weekdays at 6pm ET. The final show aired June 29, 2012.
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On Twitter
Well, here we are after a painful process to get the debt deal approved. What a disaster and an embarrassment to our great nation. Congress has messed around with this for so long that the world and the stock markets at large are absolutely being devastated. They (Congress) should absolutely be ashamed of their delay tactics. Hopefully things will be restored quickly but what a travesty to have witnessed.
WALL STREET WANTS JOBS
If Wall Street wants jobs, why don’t they put the money in motion they have stored in cyberspace, and it will create jobs. Only money in motion will move the goods and services needed to create jobs.
Now that President Obama has the debt ceiling raised, he needs to bump these idiots of Wall Street heads against the wall every day!
President Obama needs to put a bill before Congress that would require all public traded corporations to return 75% of all profits to the stock holders each quarter.
WHY WILL THE DUMB ASS NEWS MEDIA NOT DISCUSS ARTICLE 1, SECTION 8, OF THE CONSTITUTION?
Article 1, Section 8, of the Constitution give Congress TWO WAYS TO BALANCE THE BUDGET WITHOUT BORROWING MONEY!
HOW CAN APPLE COMPUTER HOARD OVER 70 BILLION DOLLARS OF STOCK HOLDERS MONEY IN CYBERSPACE? THEY SHOULD PAY THE PROFITS TO THE STOCK HOLDERS.THEY WILL SPEND THE MONEY, AND IT WILL FUEL THE ECONOMY. Read more at the Internet Free Press.
It is frustrating watching you play softball with these morons, but I'm sure it is at the behest of your corporate lords. You never take them to task on the facts and history – the Bush tax cuts created no jobs and only increased wealth of the already wealthy. The Bush/Cheney years created this trillion dollar hole with it's tax cuts, borrowing and an illegal war they should be in prison for. Thomas Jefferson called the free press a "4th House" of government – it's function would be to keep the other 3 in check. But, as I watch CNN I am bombarded by ads for special interest and political action committees. The old "bite the hand that feeds you" prevents you from any worthwhile journalism because you would be sacrificing millions if not billions in ad revenue. I scream at the damn TV more often nowadays.
You are stuck in your Republican beliefs...as a neutral CNN contributor you should keep an open mind and stop trying to slander the President. Yes, we get it! You do not like the Democrats. You do not like Obama and want to show us all why you think he should not be elected. God help the country if Romney is elected...you think America is out of work now...the man is totally unqualified...even the Republicans know this.