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Kent Conrad

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Multimillionaire Sen. Tom Coburn [net worth between $1M and $4.6M] really has a lot of damned nerve talking about "government fat", since his own plan, released this week, would privatize student loans for 15 million college students -- you know, the very wasteful and expensive thing we successfully stopped last year? Instead, he wants to put it back in the greedy hands of campaign contributors - and even fewer students will get the loans they need.

"Sucking off the programs"? Look in a mirror, fat cat:

This week, the so-called Gang of Six — composed of Sens. Tom Coburn (R-OK), Saxby Chambliss (R-GA) [worth less than $446K], [multimillionaire] Mark Warner (D-VA) [net work between $65-284M], Dick Durbin (D-IL) [net worth $258,038 to $1,700,998], Mike Crapo (R-ID) [net worth -$245,427 to $988,566], and [millionaire] Kent Conrad (D-ND) [net worth $1,456,035 to $3,376,000] — released the outline of a plan that would reduce deficits by about $3.7 trillion over the next 10 years, with about $3 trillion of that coming from spending cuts. The plan closely mirrors that of the Bowles-Simpson fiscal commission.

The plan includes many odious measures, including changes to Social Security that would cut benefits by $1,300 per year. It would institute caps on discretionary spending through 2015, and lays out the amount by which individual agencies need to reduce their budgets (without identifying particular programs).

But according to Coburn, it doesn’t really matter which programs get cut, because, as he told Al-Jazeera English, it’s only people who are “sucking off the program” that are going to feel any change:

COBURN: The point is, where’s the efficiency in that? The actual service going to people isn’t going to decline, the people sucking off the program are going to be the ones that lose.

*All net worth information from OpenSecrets. As I've stated previously, we sometimes forget that the agendas of the very wealthy members of Congress may not intersect with our own.



After a week of flurries and fears that Democrats are about to give away the store to keep the nation from defaulting on its debt, Kent Conrad presented his budget proposal to Democrats. Unlike the Republican proposal, it's a 50/50 blend of cuts and tax increases.

Washington Post reports:

“I explained to the President and Vice President how the Senate Budget Committee Democrats developed a plan that achieves $4 trillion in deficit reduction in a balanced and fair way,” Conrad said in a statement. “It is my hope the plan will help influence the bipartisan negotiations and help them reach a comprehensive and balanced deficit reduction agreement.”

[...]

Under the blueprint, the top income tax rate would rise to 39.6 percent for individuals earning more than $500,000 a year and families earning more than $1 million. That group, which constitutes the nation’s richest 1 percent of households, would also pay a 20 percent rate on capital gains and dividends, rather than the 15 percent rate now in effect.

In addition to raising rates for the very wealthiest families, the blueprint proposes to obtain fresh revenue by targeting offshore tax havens and corporate shelters. It would also scale back the array of tax breaks and deductions known as tax expenditures, perhaps by focusing on the wealthiest households, which claim an average of $205,000 in tax breaks each year on average income of $1.1 million.

The blueprint would take nearly $900 billion from the Pentagon over the next decade — the same amount recommended by Obama’s fiscal commission. It would slice more than $350 billion from domestic programs. And it would produce interest savings of nearly $600 billion attributable to reduced borrowing.

A majority of Senate Democrats have approved of this proposal. Will it be considered "bold", "courageous" and "innovative" by the Beltway media who used those terms with respect to Paul Ryan's plan even as they held their nose over specific provisions? Doubtful. I'll be amazed if it gets a fraction of the coverage Ryan's plan received, despite the fact that every one of these bold proposals is supported by a majority of the American people.

I'm already seeing a whole lot of negativity on the liberal side of the planet. Claims of 'too little, too late', that Conrad is just introducing a sweeping budget because he's retiring in 2012, that no one will take these things seriously because they've been involved in talks for so long.

I recommend looking at it differently. The President called for everyone to bring their bottom line deal to the table on Sunday. Conrad has just dropped the Democrats' bottom line on the table, knowing full well that it will be unacceptable to every Republican in the room. So what? It would have been unacceptable to every Republican in the room two months ago, two days ago, two hours ago. It still delineates the differences between the two and sets a negotiating line that is far more to the left than the administration proposals (on purpose, by the way).

The question at this point is not when Conrad brought his proposals to the table. The question is whether liberals, progressives, the left, whatever you want to call them, will use their formidable vocal skills to generate some buzz around these, since you can rest assured the so-called liberal media never will.

The thing is, this week's stupid news blurbs were all about one thing: Highlighting the fact that no matter how far Democrats would go to make a deal, there is no deal for the Republicans. After a week of that, Conrad laid down the budget most Democrats would view as one they could support and get behind. No one expects it to pass, any more than anyone thought Paul Ryan's budget would pass. But Ryan has paid a high political price for introducing his wingnuttery early and often, and Republicans in the House have paid an even steeper one for voting for it, as they will continue to do in the future.

This is all drama, all theater. Now that Republicans have shown themselves to be the party of ungovernance, Democrats step up with a set of proposals that actually reduces the deficit, preserves the social contract, and raises taxes on people who can afford it. Of course the Republicans aren't going to bend to this, either. They weren't going to bend to anything. So when nothing gets done, or some bandaid patch deal is done that doesn't solve the longer-term issues, there will only be one party to blame and it won't be Democrats.



Is Kent Conrad a man without a country?

Senator Kent Conrad is a member of the hideous Gang of Six that Dick Durbin is so willingly fronting, and it appears that his new budget is so bad that a mutiny is a brewing. You know how I dislike ConservaDems being in a position to cut their way out of a deficit. It's impossible, it's destructive to the American worker, and it's failing around the world. Yet for Conrad, austerity rules.

Ryan Grimm:

Senate Democrats are furious at their lead budget negotiator for crafting a blueprint that they think moves the party too far to the right, a senior Democratic aide said.

Sen. Kent Conrad (D-N.D.) has been bargaining for months in secret with Republicans in the so-called Gang of Six to craft a budget that might win bipartisan acceptance. On Tuesday, Conrad abruptly dropped the veil and rolled out his own offering for party colleagues -- to brutal reviews.

"He's going to be a man without a country," the Democratic aide said, describing a contentious Tuesday briefing.

The problem for Democrats is that, rather than put down a firm Democratic marker from which the party can negotiate, Conrad has adopted a plan that resembles the work he's done with legislators across the aisle.

In bringing it forward himself, Conrad sets the starting point for the Democratic position in a more conservative spot than President Barack Obama's budget -- and that was already a compromise. Obama's plan includes a spending freeze for federal workers, among many other concessions to the GOP.

"He's setting this out like it's the official Democratic position," a Democratic staffer said. "I don't know if this can pass his own committee without major changes."

Democrats think Conrad decided release his budget before the Gang of Six because the talks were collapsing. He is hoping to salvage the work of the bipartisan group by attracting a few Republicans to the more conservative plan...read on

Since Conrad was given such a lofty position as being part of the infamous Gang of Six, I wonder why the outrage from Democratic Senators? Did they think he would do anything less egregious?



I hardly know where to begin. First of all, it's clear that the Democrats plan to implement the recommendations of the Catfood Commission, the same recommendations that couldn't muster enough of the votes it allegedly had to get before it would be presented to the House for a vote. So that's one really big lie to the American public; we were never meant to have any say, it's already decided.

Second, this reporter talks about what Mark Warner's presentation "shows." It does not "show" anything -- it contends, and it is widely disputed by many reputable economists, two of them Nobel Prize winners. It is in the same factesque vein of a prosecutor's opening statement to the jury.

But facts don't seem to matter anymore, do they?

RICHMOND, Va.—A bipartisan group of senators is close to proposing legislation they hope will force Congress to tackle the federal government's ballooning debt, and they have begun a road show to win public support.

The proposal would cut the federal budget deficit by $4 trillion over 10 years, roughly four times the savings the White House proposed in February, Sens. Mark Warner (D., Va.) and Saxby Chambliss (R., Ga.) told about 200 business leaders at a meeting in Richmond.

If enacted into law, the plan would likely force Congress to boost revenue through new tax rules, cut spending and bring down the growth rate of Medicare and Social Security over time.

Some executives at the meeting appeared skeptical that a bipartisan deal could eventually win support from Congress and the White House, but many encouraged the lawmakers to try.

"They know they have to do it now and if they don't do it now, we are going to have other countries in charge of our future," said Doug Gray, executive director of the Virginia Association of Health Plans trade group, who attended the meeting.

Messrs. Warner and Chambliss are crafting the proposal with Majority Whip Richard Durbin (D., Ill.), Budget Committee Chairman Kent Conrad (D., N.D.), Tom Coburn (R., Okla.), and Mike Crapo (R., Idaho).

Mr. Warner's presentation showed that if current trends continued, interest payments on federal debt would skyrocket from more than $20 trillion in 2060 to $80 trillion in 2080. It also showed that U.S. government debt as a percentage of total economic output could soon equal that of Greece, whose fiscal problems have threatened to destabilize Europe.

"If we put this off, we are approaching financial Armageddon," Mr. Warner said.

The senators said their plan would seek to largely implement the recommendations made in December by the White House's bipartisan deficit-reduction commission. That group called for cutting spending in myriad government programs, and trimming costs on Medicare, Medicaid, and Social Security. The proposal was made by commission co-chairmen Democrat Erskine Bowles and Republican Alan Simpson.



Attention-whore Joe Lieberman is at it again, along with his sidekick, BlueDog Kent Conrad. At issue this time: Extending the Bush tax cuts to the wealthy.

Their position should be viewed as a direct assault on President Obama's promise to maintain tax cuts for the middle class while allowing those cuts to expire for the small, tiny percentage of wage earners who make more than $250,000.00 per year.

Here's how it works: If the Congress does nothing, all Bush tax cuts expire at the end of the year. But Congress could take the affirmative step of extending the cuts for anyone with income below the $250,000.00 level while expiring the cuts for anyone above.

Of course, this would take action, which would be subject to the filibuster.

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(h/t Heather)

Did you know that the Congress is made up of only one elected body of representatives that crafts our legislation? I didn't know that. I thought we had two co-equal legislatures--a House and Senate.

Each of the 435 members of the House of Representatives represents a district and serves a two-year term. House seats are apportioned among the states by population. The 100 Senators serve staggered six-year terms. Each state has two senators, regardless of population. Every two years, approximately one-third of the Senate is elected at a time. Reelection rates for incumbents often exceed 90%.[1] Article I of the Constitution vests all legislative power in Congress. The House and Senate are equal partners in the legislative process (legislation cannot be enacted without the consent of both chambers)

But that's not what Kent Conrad told me on Fox News Sunday.

WALLACE: Senator Conrad, what do you expect to happen? Because now this isn’t the end of the process. It’s just another step in the “Perils of Pauline.”

What do you expect to happen in the House-Senate conference next month? After struggling for months to get Senate Democrats on board to accept this, what are you going to do for Democrats who have a bill which is considerably to the left of your bill?

CONRAD: I think any bill is going to have to be very close to what the Senate has passed because we’re still going to have to get 60 votes. And anybody who’s watched this process can see how challenging it has been to get 60 votes...

WALLACE: But to go back to the question of the conference, you’re saying that you don’t -- you can’t go further, that the House is basically going to have to accept -- the House is going to have to accept the Senate bill?

CONRAD: It is very clear that the bill, the final bill, to pass in the United States Senate is going to be -- have to be very close to the bill that has been negotiated here. Otherwise you will not get 60 votes in the United States Senate.

Kent Conrad is telling the House of Representatives to go "Cheney" themselves. Are Nancy Pelosi and the progressive members of Congress listening? I wrote this last week and Conrad just made my point for me.

How does the House feel after being rendered useless in 'Health Care Reform' by the Senate?

When the House and Senate committee members meet in conference and supposedly merge their bills, exactly what can they do to influence it at all? If the Senate bill is as far as the Gang of Four, or Six or Ten or whatever it is, are willing to go, then is the House bill nothing more than a stage prop?

Do members of the House of Representatives feel jubilation at the thought that any pieces of major legislation they are asked to put together will ultimately be decided by President Lieberman, Queen Snowe, Mary Landrone, Ben "floppy hair" Nelson and Max Baucus? I'm sure more names will be added to the list.

I really want to know how they feel.

The White House needs to understand that there are many progressive members of the House who will not vote for the Senate bill as it stands. When they meet up in conference there is supposed to be a compromise struck on the bill between both bodies. What Conrad, President Lieberman and the hairpiece known as Ben Nelson are telling 435 elected members of the HOR is that they don't matter.

Well I say to Conrad that he can "Cheney" himself -- and that's what the House should say.

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I've never said to "kill the bill," as many are arguing liberals have been advocating like Howard Dean. But I do want to improve the Senate version of it and there's still time. I'm sorry that I do have some principles and want to keep on fighting. I always knew as liberals that we would be disappointed in the end, but it still can help millions of Americans in need of health care. And I would like my own premiums to stop being jacked up too.

Digby writes an excellent post that should be read in its entirety called "Clarifying Debate"

As for the internecine politics, there were numerous graceful concessions from the left from the beginning on health care that were not exactly easy to make, from single payer to the abortion language to immigrants. But it was the late dangling of a swap on the long held dream of a medicare buy-in, getting liberals to sign on and then allowing the loathed Lieberman, of all people, to capriciously snatch it away that was the real gut punch. And admonishing them to "get with the program" within minutes of that outrage while Lieberman preened that the president thanked him was gratuitous. Lucy and the football is an overused metaphor, but this was a classic. You'd have to be soulless not to be angry about that.

I'm glad Gov. Dean basically called John McCain is a damn liar after McCain spun his words into a bullshit Republican talking point. The conservative obstructionists in Congress only want to destroy health care reform for all Americans, and to me that borders on being a traitor the office they hold.

So it--you know, I respect John McCain, but it's, he wouldn't be the first person who twisted my words around and used them for something I had no intention of endorsing, which is the Republicans' behavior in this bill.

Nancy Pelosi can bring about some much needed improvement to the bill and I say go for it Nancy. Call Lieberman's bluff. If health care reform dies, it should be killed by the people who are destroying it, not by the people who have fought tooth and nail to reform a broken health-care system.

And America will know who they are.



Ben Nelson Agrees To Vote for Health-Care Bill

The deal is cut. Women's right to legal abortion? Subject to state legislative lottery! Buh-bye!

The bill will go to conference committee, but it's unlikely that the House will change that much, because Ben's holding their constitutional rights and duties at gunpoint:

Sen. Ben Nelson (Neb.), the final Democratic holdout on health care, announced to his caucus Saturday morning that he would support the Senate reform bill, clearing the way for final passage by Christmas.

"We're there," said Sen. Kent Conrad (D-N.D.), as he headed into a special meeting to outline the deal.

Democratic leaders spent days trying to hammer out a deal with Nelson, and worked late Friday night with him on abortion coverage language that had proved the major stumbling block. Nelson also secured other favors for his home state.

Under the new abortion provisions, states can opt out of allowing plans to cover abortion in insurance exchanges the bill would set up to serve individuals who don't have employer coverage. Plus, enrollees in plans that do cover abortion procedures would pay for the coverage with separate checks - one for abortion, one for rest of health-care services.

Nelson secured full federal funding for his state to expand Medicaid coverage to all individuals below 133 percent of the federal poverty level. Other states must pay a small portion of the additional cost. He won concessions for qualifying nonprofit insurers and for Medigap providers from a new insurance tax. He also was able to roll back cuts to health savings accounts.

"I know this is hard for some of my colleagues to accept and I appreciate their right to disagree," Nelson told reporters at the Capitol, of the many changes made at his behest. "But I would not have voted for this bill without these provisions."

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As Wanda Sykes might say, "I am so damned sick of these @#!*# Democratic snakes on this @#!*# plane!" Yes, once again, ConservaDems are holding a gun to the head of progress. This time, they want to blackmail Congress into overriding the Constitutionally-mandated power of the House over the nation's purse strings - and hand it over to them:

Seven members of the Senate Budget Committee threatened during a Tuesday hearing to withhold their support for critical legislation to raise the debt ceiling if the bill calling for the creation of a bipartisan fiscal reform commission were not attached. Six others had previously made such threats, bringing the total to 13 senators drawing a hard line on the committee legislation.

“You rarely do have the leverage to make a fundamental change,” said Senate Budget Committee Chairman Kent Conrad (D-N.D.), who said he hasn’t ruled out offering the independent commission legislation as an amendment to the healthcare reform bill.

What is it about Kent Conrad that makes me want to slap him? Is it that perpetually robotic grin? Is it the fact that he's so reliably a corporate tool? Or maybe it's that somehow, I just know that Celine Dion is on his iPod.

The panel, which has been championed by Conrad and ranking member Judd Gregg (R-N.H), would be tasked with stemming the unsustainable rise in debt.

Among its chief responsibilities would be closing the gap between tax revenue coming in and the larger cost of paying for Social Security, Medicare and Medicaid benefits. The Government Accountability Office recently reported the gap is on pace to reach an “unsustainable” $63 trillion in 2083.

The panel would also have the power to craft legislation that would change the tax code and set limits on government spending.

The legislation would then be subject to an up-or-down vote; it could not be amended.

Chris Bowers calls it a "national suicide pact":

Let's review the threat that these five Democrats are making:

* They will allow the United States to default on its debt, which will vastly increase the overall amount we have to pay on our debt

UNLESS

* Speaker Nancy Pelosi turns over Congressional power on Social Security and Medicare to an unelected commission that will almost certainly propose deep cuts in Social Security and Medicare entitlements. Keep in mind that if deep cuts to Social Security and Medicare pass under a Democratic trifecta, the party would be doomed at the ballot box for years to come.

This is completely insane, and there is no choice but to call this bluff.

Let's see these five Democratic Senators explain to the entire nation why they allowed the country to default on its debt. No matter how safe their seats appear to be, no Senator is going to win reelection after making the entire country default on its debt. Their rationale does not matter. Being blamed for making the country default on its debt - especially after all five of these Democrats voted in favor of the Wall Street bailout and are demanding that Social Security and Medicare be cut - will be the effective end of their political careers.

Go for it, guys. Form your national suicide pact. Tell the country that you are demanding deep cuts in Social Security and Medicare, or else you will personally cause the United States debt to double. Let's see how well that message plays on the air.



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Watching Kent Conrad proudly read off the list of items that the Senate Finance Committee included or should I say turned over to the conservatives in their bill just to kowtow to the obstructionist minority party is just mind numbing. Why didn't Baucus just let Renzi and Grassley write the bill for the democrats? Didn't John McCain win the election? He's actually proud of what they've done. Republicans should just love this bill. It cuts out all the things that would have an impact on health care reform. Here's Kent Conrad's ode to da republicants.

Mitchell: How did you do? Are you guys going to get any Republicans to join you in this?

Conrad: Well, we certainly hope so. Look, they asked a series of things be excluded.

*They didn't want a public option, it's not in this package. They didn't want an employer mandate, it's not in this package.

*They wanted tax reforms so that the high end Cadillac plans would have a levy on them to discourage over utilization, that's part of the package.

*They didn't want illegals to benefit, many Democrats agreed, that's not in the package. Those here illegally will not benefit.

*They wanted to make certain that federal dollars not be used to support abortion and so they're not.

*There's the beginning of medical malpractice which many wanted to see be included. There's a clear statement on that.

So I hope that they'll see as we go through the process that there's much here that's worthy of their support....

If Mitch McConnell had told the Baucus Dogs that Americans should be required to produce at least three forms of ID to enter hospital emergency rooms, Conrad probably would have included that, too. In that respect I think the Republicans blew it. Luckily for us, Americans, Senators, Republicans and a lot of members of his own committee do not feel the same way.

Republicans don't like it because... it's a health care bill. Democrats don't like it because... it's a bad health care bill designed to kowtow to Republicans who won't even vote for it. Health care advocacy groups don't like it because it "would give a government-subsidized monopoly to the private insurance industry to sell their most profitable plans - high-deductible insurance - without having to face competition from a public health insurer." A good reason not to like it! And unions don't like it because there's no employer mandate and it would "tax health plans."

Even President Obama's response to the bill was terrible:

Despite months of anticipation, the White House on Wednesday stopped well short of endorsing Sen. Max Baucus's (D-Mont.) healthcare bill.

White House press secretary Robert Gibbs said the release of Baucus's Senate Finance Committee healthcare legislation — the last of five committees to unveil a proposal — moved the legislative process along, but President Barack Obama still thinks the bill will change.

Oh, there is one group of people that love the Bacus bill:Insurance companies.

Following Baucus’ announcement, HealthNet shares increased by 3%, United Health Group Inc shares rose by 2.7%, Humana Inc. grew by 2.6%, Wellpoint stock gained 1.7% and Aetna Inc rose 1.6%...



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Max Baucus finally unveiled his new/old bill from the Senate Finance committee today and as has been expected the bill is all about bowing down to the minority party that has no intentions of supporting any type of health care reform. He's chucked aside America just to try and land one Republican vote in the Senate... errrr... I mean, the House of Lords.

Sen. Rockefeller has been very outspoken about his opposition to the Baucus Dogs bill and says as much while many other Democrats are not pleased either.

Baucus Bill: Rockefeller Says Dem Senators Are Not Pleased

On Andrea Mitchell, Sen. Kent Conrad came on at the end of the show and read off a list of things that Republicans should be so happy to support in the bill. It was as if Baucus and Conrad wrote a bill that caters to the Republicans and his Gang of Six committee. It was disgusting watching him gush when he said there was no public option in the bill because Republicans didn't want it. He then read off more and more things that Grassley wants in the bill and it's as if he really thinks there's a chance in hell that they will vote for his bill.

Actually, it's a bill nobody but self-eviscerating Dems will vote for.