- President Obama wants to raise the debt ceiling!
- Senate Majority Leader Harry Reid (D) wants to raise the debt ceiling!
- So does Senate Minority Leader Mitch McConnell (R)!
- House Minority Leader Nancy Pelosi (D) wants to raise the debt ceiling! AND…drum roll, please….EVEN
- SPEAKER OF THE HOUSE JOHN BOEHNER (R – !!!) wants to raise the debt ceiling!
calls this a “deadlock,” but to the Bitch’s aged eyes, it looks like real bipartisan agreement, God help us all. Too bad, too bad.
Boehner wants to raise the debt ceiling so much, he even trekked up to Wall Street
on Monday to tell the Masters of the Universe and the BSDs that they really shouldn’t worry when he shows up on TV threatening to stifle all that necessary debt-ceiling-raising. Because he really, truly wants to raise the ceiling. He knows how vital raising the ceiling is — he knows what happens when the world’s single largest economy
(country division) threatens to default on its obligations (see 2008 credit markets freeze/financial meltdown
, USA). HE KNOWS, already.
So why is he stalling? Why is John Boehner not taking all that tasty-goodness knowledge to his caucus, whipping up some Dem co-sponsors in the House and Senate, and bringing a yummy piece of debt-ceiling-raising legislation to the House floor?
John Boehner knows he got taken
in the government shutdown agreement in early April; therefore he needs to maintain his cred within his caucus — which, the Bitch would like to point out, is still not satisfied that the President was born in the United States of America, and resents being told to shut up
about it. John Boehner needs to maintain his credibility with his party’s energized nutjobs, because they are the Iowa caucus-goers and the primary precinct workers and the convention nominating committees of 2012. They are his party’s base, and he has to show them he obeys or he knows they will dump his
candidates for their
candidates pretty damn quick in the next primary season; and he fears their
candidates might not be able to guarantee a GOP hold on the US House of Representatives. (Listen, don’t kid yourselves, all this “medicare reform” nonsense has opened a pathway for Democrats…indistinct, yes, but still a pathway. They need to make some luck also.) Especially since the Rs committed a strategic miscalculation
when they thought the American public would be more upset at the thought of higher taxes over reduced Medicare spending. Ooopsies! Our bad! Never mind!
So, John Boehner says
all ceiling increases must be offset by budget cuts that exceed the difference between the old ceiling ($14.3 trillion) and the new number (thought to be somewhere in the realm of $16+ trillion), meaning he can say to the TP types, “see, I am one of you: we cut more than we raised. Now get out there and support our candidates!” And oh, by the way, ALL revenue increases (tax hikes) are totally off the table. Utterly, totally, off the table. That’s $2+ trillion in cuts, no revenue-raising
, no new taxes.
says this is all part of Boehner’s cunning plan to make any GOP compromises acceptable to the base
, as it was in April. This could well be true, but the Bitch doesn’t think Boehner has much room for such compromises with the extremes of his party. It’s all or nothing at all for him…and if you’re thinking, “Bitch, that’s an awfully unreasonable position. Who wouldn’t be thrilled with billions in cuts, if not trillions?” The Bitch points out, again, the inherent unreasonableness
of the modern GOP. They didn’t always use to be this way (sigh) but they sure as hell are now.
Sargent also points out that some of that $2+ trillion is going to have to come from Medicare (see “strategic miscalculation,” above); and that the GOP Senators
are showing the whites of their eyes in fear…
So, as in April, look for lots of kabuki…and kabuki…and kabuki…This could be a long summer.