so of course the Republicans WON'T do it.
"The debt-ceiling deadline is coming up. You can demand commensurate
spending cuts, the usual, reasonable Republican offer. But you won't get
them. Obama will hold out. And, at the eleventh hour, you will have to
give in as you get universally blamed for market gyrations and
threatened credit downgrades.
The more prudent course would be to find some offer that cannot be
refused, a short-term trade-off utterly unassailable and
straightforward. For example, offer to extend the debt ceiling through,
say, May 1, in exchange for the Senate delivering a budget by that date
-- after four years of lawlessly refusing to produce one.
Not much. But it would (a) highlight the Democrats' fiscal recklessness, (b) force Senate Democrats to make public their fiscal choices and (c) keep the debt ceiling alive as an ongoing pressure point for future incremental demands."
H/t Insty
No comments:
Post a Comment
Please moderate yourself and your language. No posting of links to businesses, if you have a business you wish to advertise send me an e-mail. Please do not hide links in a comment. Post any links in full.
If you do not have a full user profile, your comment may be reported as spam. Particularly if you post a link to a commercial site.
中國詞不評論，冒抹除的風險。僅英語
It doesn't take much to fill your profile and put in a picture.
Thank you for reading my blog.