A Deal That Would Be A Clean Win For Obama
Via daily kos, Politico is reporting on a rumored proposal on the debt ceiling that would be a clean win for President Obama:
Desperate to get out of the political box they helped to create, Senate Republicans are actively pursuing a new plan under which the debt ceiling would grow in three increments over the remainder of this Congress unless lawmakers approve a veto-proof resolution of disapproval.
If this is the end result of the Debt Ceiling Kabuki, then President Obama will have won. Period. No cuts for the debt ceiling. A de facto clean raise of the debt ceiling. Moreover, Progressives and liberals would have won too, because cutting Medicare and Social Security would have proven to be utterly anathema, no matter what Obama wants to do.
I think the chance of this deal happening is zero. But, if it happens, then I will have been completely wrong about these negotiations. But I don't think I am, and I still think deep spending cuts will be the price the GOP extracts for raising the debt ceiling. But it would be great if I was wrong.
Speaking for me only
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