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July 29, 2011

Cardin less confident on Aug. 2 deadline

Sen. Benjamin L. Cardin said Friday that he is less confident than he was a day ago that Congress can agree on a deal to raise the nation’s $14.3 trillion debt ceiling by Aug. 2 and he warned that whatever agreement ultimately emerges will likely have a disproportionate effect on Maryland.

“Every day, until we have a deal, I get less confident. We’ve cut this too close. We’ve already caused damage to this country. Our reputation has been affected. Our credit has been affected,” the Maryland Democrat told The Sun. “I’m less confident today than I was yesterday. I still believe we’ll get it done but I think there is a significant risk that we won’t. And that is very troublesome to me.”

After delaying action Thursday night, the House of Representatives is moving toward a vote Friday on a proposal championed by Republican Speaker John Boehner. The Democratic-led Senate is poised to table that measure as soon as the House votes and bring up its own proposal. Cardin said he is reaching out to Republican colleagues in the Senate in the hunt for middle ground.

Although there is deep disagreement about the timeline for extending the limit – Republicans want a shorter-term extension than Democrats – there appears to be consensus that the actual budget cuts included in the Senate plan will hew closely to those called for by the House. Cardin said he is concerned those reductions will have a big impact on Maryland, given the state’s geographic and economic ties to Washington.

The cuts called for by Boehner’s plan -- as it was written Thursday night -- are “in the same general areas as” the Senate plan, Cardin said. “So there is no disagreement on the cuts.”

“I have lots of problems with it, but I will support it," Cardin said of those budget cuts.

"I do think that we are cutting areas that are further than I would like to see cut,” he said. “I do think these cuts are manageable. We can do it. But it’s not part of a balanced, comprehensive plan and that I find very, very disappointing.”

Posted by John Fritze at 1:09 PM | | Comments (22)
Categories: Washington
        

Comments

so why didn't Cardin vote to accept the CAP, Cut and Balance bill?

Because a Balance Budget Amendment is a joke and is proposed as a cure-all only by people with no interest in governing.

Because a balanced budget amendment is a lazy person's option and is proposed by only those with no real interest in governing.

The ones "with no interest in governing"
are the ONLY ones to have ACTUALLY GOVERNED by passing a bill.

How much further can these Newspeak libs twist the English language to suit their twisted world?

I don't understand. When we vote to send someone to Wash to represent us aren't they bound by fuduciary law ?

Cardin: "We’ve cut this too close"?

Seems this vote thing was unimportant enough for Congress to take week off a few weeks back instead of taking this debt issue seriously.

Ben not to worry , i will take your job from you in 2012

The BBA is because history has proven that neither party is willing to balance ALL of the books. It does no good to tell us they will do the cuts, because they will ignore We the People once they are elected.

Ben I half to ask you, what to you feel confident in?

Who is we. The House passed a bipartisan bill. The Sneate hasn't done anything. Brian can't explain why states have balanced budgets in their constitutions.

Passing "Cut, Cap and Balance" (such a cute e law. If you think that such passage actually shows a name) was a pure pandering move; nobody who voted for it thought for a second there was any chance it would becomdesire to "govern" rather than just a desire to appeal to a base constituency then you have a lot to learn about governance.

It's fairly obvious to me that the conservatives only interest is beating Obama (not that he's much better) and I believe they will get their wish.

Ben what is it really you stand for , commenting about your lack of confidence just doesn't cut it. 20 years in the United States Marines, 3 years C.I.A, I was accountable for all my actions, not being confident was not in websters And I THANK GOD FOR THAT TRAINING

One thing I'am Confident in, Ben Cardin And Barbara Mikulski are clue less. That I know

"It's fairly obvious to me that the conservatives only interest is beating Obama"

Well of course! Isn't the Democrat plan to only keep him as President?

How much more stupid can a comment be?

"It's fairly obvious to me that the conservatives only interest is beating Obama"

Well of course! Isn't the Democrat plan to only keep him as President?

How much more stupid can a comment be?

Ben Cardin and Barbara Mikulski the last two years were consumed and to busy pushing Obamma Care down our throats.Cardin you and Mikulski were both confident about Obama care then . 2012 can't come quick enough,

The Peoples Republic of Maryland is run by employee unions...Federal, State, Local and Teacher's. The trillion dollar stimulus package that blew through the debt ceiling was a payoff to those unions. They were the only jobs "saved" or "created." The State could reduce it's workforce by 20% and no one would notice. The only thing Cardin is worried about is saving those jobs.

Anonymous, states have balanced budget requirements because their funding is largely derivative, i.e, U.S. monetary policy is detemined by the Fed, rather than the states. States do not set Federal interest rates or have the power to print their own currency. They can sell bonds, but little else. It's like parents giving a child an allowance, the child is pretty much tied to whatever allowance is staked. Rightly or wrongly, that's the deal.

As for a Federal BBA, I have two problems, one practical, one philosophical.From a conservative perspective, why do we need an amendment to force congress to do that which it ought to do, anyway?
Secondly, we are so &*^% deep in debt now that we need to pay a portion of it off if we are to survive. A BBA runs the risk of freezing the debt at it current levels or higher.

thanks for the lecture Obama.

Cap-thedebt ceiling
Cut spending
Balance the budget.

nothing radical about that.

blah, blah, blah. Ben Cardin What cuts are you talking about specifically. A lot of generalizations but nothing specific

First of all - all these comments from people that are Anonymous goes to show they are scared to let everyone know who they are.

I find that what has happened is that there is total gridlock in Washington because no one wants to get along together. It is like a bunch of kids in the sandbox that don't know how to share/compromise. No one can get their way and so it is important that they stop the posturing and actually get things done. I blame both the democrats and the replublicans. It is time that all these politicians learn how to just get along.

I for one would not mind paying extra payroll taxes for Social Security and Medicare if it will help make it solvent. What everyone doesn't want to own up to is that many pension/retirement plans are built on the assumption that there will be social security. So the way to solve the problem is the raise the social security payroll tax, tax all wages, not just those that are below $100,000. Also, develop some sort of means testing that will increase with the CPI to lower the Social Security payments for those that are brining home extraordinary retirement income.

This country is being run by a few vocal voters on both sides instead of what Americans really want. I truly believe that the Americans I know are much more middle of the road then all the liberals or the "tea" party.

This man IS THE PROBLEM! Him and his babbling spitting buddy Babbs! These two and their Party, including Nancy "where am I" Pelosi and the most unqualified President in American history have brought this Country to the brink. For the people that comment here. Your kids will be paying for what these "hacks" have done. Instead of commenting, Cardin's face should be on a wanted poster!

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About the bloggers
Annie Linskey covers state politics and government for The Baltimore Sun. Previously, as a City Hall reporter, she wrote about the corruption trial of Mayor Sheila Dixon and kept a close eye on city spending. Originally from Connecticut, Annie has also lived in Phnom Penh, Cambodia, where she reported on war crimes tribunals and landmines. She lives in Canton.

John Fritze has covered politics and government at the local, state and federal levels for more than a decade and is now The Baltimore Sun’s Washington correspondent. He previously wrote about Congress for USA TODAY, where he led coverage of the health care overhaul debate and the 2010 election. A native of Albany, N.Y., he currently lives in Montgomery County.

Julie Scharper covers City Hall and Baltimore politics. A native of Baltimore County, she graduated from The Johns Hopkins University in 2001 and spent two years teaching in Honduras before joining The Baltimore Sun. She has followed the Amish community of Nickel Mines, Pa., in the year after a schoolhouse massacre, reported on courts and crime in Anne Arundel County, and chronicled the unique personalities and places of Baltimore City and its surrounding counties.
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