Most Read
    Image 01 Image 02 Image 03

    How badly does Obama want to get reelected?

    How badly does Obama want to get reelected?

    So badly that he still claims to be willing to veto any debt bill which does not extend the debt limit beyond the 2012 elections:

    Meanwhile, Senate Majority Leader Harry Reid said he is working on a plan to raise the debt limit by $2.7 trillion, coupled with an equal reduction in projected future spending. In a concession to Republicans, he said that plan would not include tax increases, but that the new debt level would last through the 2012 elections.

    That date has become a critical marker for Democrats — so much so that President Obama’s advisers said he would veto any bill that doesn’t last that long.

    “It must be extended in a way that gives certainty to economy through ‘13 and not some short-term gimmick, where we’re right back in this fix in six or eight months,” White House Chief of Staff Bill Daley said on NBC’s “Meet the Press” program Sunday.

    Meanwhile, Jennifer Rubin reports:

    A Republican aide e-mails me: “The Speaker, Sen. Reid and Sen. McConnell all agreed on the general framework of a two-part plan. A short-term increase (with cuts greater than the increase), combined with a committee to find long-term savings before the rest of the increase would be considered. Sen. Reid took the bipartisan plan to the White House and the President said no.”

    He’s boxed himself into a corner. Either he is the person standing in the way of a debt ceiling hike for political reasons, or he has to deal with the issue for the next year when he would rather be talking about other issues.

    That’s what happens when you don’t get ahead of issues, make a social agenda a top priority, and take categorical positions which cannot be sustained.

    DONATE

    Donations tax deductible
    to the full extent allowed by law.

    Comments


    i just get the feeling that reid et al are starting to turn on the one.


     
     0 
     
     0
    BarbaraS | July 25, 2011 at 11:41 am

    They need to turn on him. 33 senators are up for re-election next year. Obama had no problem letting congressmen go down the tube in 2010. Why would they think he would care in 2012?

    How badly does the poseur in the WH want re-election? So badly that he’s willing to let the country go down the toilet to get it. I’ll never understand the mindset that raising the debt to astronomical numbers and raising taxes is considered a winning platform. I guess they plan to blame the republicans for it all in 2012.


     
     0 
     
     0
    Viator | July 25, 2011 at 3:37 pm

    “While officials from the Obama Administration raised their rhetoric over the weekend about the possibility of a debt default if the debt ceiling isn’t raised, they privately have been telling top executives at major U.S. banks that such an event won’t happen, FOX Business has learned.

    In a series of phone calls, administration officials have told bankers that the administration will not allow a default to happen even if the debt cap isn’t raised by the August 2

    Fox Business

    Obama: I’d Like ‘to Bypass Congress and Change the Rules on My Own’

    “He told the National Council of La Raza, “Believe me, the idea of doing things on my own is very tempting. I promise you.”

    National Journal

    […] Jell-O Quivers – Barack Obama Addresses The Nation Tonight In Yet Another Publicity Stunt In the debt ceiling theater of absurdities Barack Obama has two political goals: (1) appear to be in charge in order to get the credit for whatever happens; (2) get a something/anything deal that extends past election day November 2012. […]

    […] Professor Jacobson at Legal Insurrection via The Other […]


    Leave a Comment

    Leave a Reply

    You must be logged in to post a comment.

    Notify me of followup comments via e-mail (or subscribe without commenting.)

    Font Resize
    Contrast Mode
    Send this to a friend