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    What will debt ceiling victory look like?

    What will debt ceiling victory look like?

    I’m only able to follow today’s debt ceiling posturing and bickering on an infrequent basis.  Looks like Repulicans are looking for a single or double, something along the lines of modest spending cuts with no tax increase, with the 2012 presidential election to be the home run derby.

    Will that be victory?  It does change the narrative for the 2012 campaign from do we cut to how much we cut.

    Considering that a true restructuring simply isn’t possible with Obama in the White House and Harry Reid in charge of the Senate, isn’t that victory under the circumstances?

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    Karensky | July 19, 2011 at 8:57 am

    With the strength of the Repubs in the senate the only victory that I can see is a short term solution. The Senate has not passed a budget! The President has not received a budget. To negotiate at this point is a pointless excercise. Pass a budget and then you may or mayn’t need a compromise. Right now the Repubs are just playing Charlie Brown football. Stop any and all negotiations over debt ceiling until you have a basis from which to compromise.
    And yes, this is a wonderful excercise in demonstrating a time for a new party.


     
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    Viator | July 19, 2011 at 10:29 am

    Are the Dems going to go for broke (no pun intended)?

    Bill Clinton Would Declare The Debt Limit Illegal

    National Memo

    A Democrat putsch in the wind?


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