Oops! GOP's Empty Threat On The Debt Ceiling Exposed

[DonViejo]

SAHIL KAPUR – JANUARY 27, 2014, 12:37 PM EST

Republicans have a strange new debt limit strategy: Demand conditions attached but promise not to default if Democrats refuse to comply.

"I think for the president to ask for a clean debt ceiling [increase] when we have the debt the size of our economy is irresponsible," said Senate Minority Leader Mitch McConnell (R-KY) on Fox News Sunday. "I think the president is taking an unreasonable position to suggest that we ought to treat his request to raise the debt ceiling like some kind of motherhood resolution that everybody says aye and we don't do anything, when we have the stagnant economy and this massive debt created under his administration."

Fighting words. House Speaker John Boehner (R-OH) has similarly warned
that Republicans will insist on attaching conditions to any resolution that raises the country's borrowing limit and prevents a potentially disastrous breach in late February. They may tie it to legislation that scraps a stability mechanism in Obamacare that they call an insurer "bailout," Rep. Paul Ryan (R-WI) signaled.

-snip-

"We're never going to default. The Speaker and I made that clear. We've never done that," McConnell said. Boehner's spokesman Michael Steel, calling on the White House to negotiate a solution amenable to the House, similarly said the Speaker believes "we should not default on our debt, or even get close to it."

more
http://talkingpointsmemo.com/dc/republicans-level-empty-threat-debt-ceiling

[Ed Suspicious]

1. How does the Chicago school of economic thought propose we deal with a sluggish economy?

Is it the old "tax less and regulate less" canard?

[elleng]

2. Yes,

trickle down.

[benld74]

3. Oh yes, its the POTUS that ie being irresponsible!

I absolutely luv it when the GOP use those LARGE syllable words!!!!

[pnwmom]

4. The problem is that if they did force the country into default, they would say Obama did it.

It would be his fault for not caving into their demands.

And a good fraction of the country would believe them.

[Blue Idaho]

5. Massive debt created under who's Administration?

Nice try Mitch - but the debt is wholly owned by Your man Bush and folks like you who voted to let Wall Street police itself and for two massive wars without providing a funding mechanism.

Look in the mirror Mitch - look in the mirror.