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Democrats cool to Boehner's two-step debt-ceiling plan [View All]

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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 10:43 AM
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Democrats cool to Boehner's two-step debt-ceiling plan
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Edited on Sun Jul-24-11 10:44 AM by TomCADem
Source: LA Times

House Speaker John A. Boehner said he was still trying to unveil a bipartisan debt-limit deal Sunday afternoon, but acknowledged he didn't have Democrats onboard with a two-step proposal he has offered.

“We’re not there yet,” the Republican said in a morning interview on “Fox News Sunday.”

* * *

That plan would require two debt-limit increase votes — one now, along with a package of spending cuts, and another perhaps next year, attached to a larger deficit-reduction proposal. The administration has sought a deal that would cover spending through 2012.

While Boehner called the two-phase, eleventh-hour plan the only “doable” option, Geithner called it “irresponsible.”


Read more: http://www.latimes.com/news/politics/la-pn-boehner-debt-plan-20110724,0,4067862.story?track=rss



There you have it. Boehner puts a deal that is even worse than what was discussed with President Obama: (1) no commitment whatsover to new revenue; (2) a short term debt ceiling extension; and (3) an agreement to a Super Congress that would bypass procedural protections to cut entitlements.

My take is that Boehner is purposely offering a worse deal than what was discussed with the White House to force Pelosi and Reid to reject it, thus Republicans and the corporate media can blame the Democrats for the default, which will usher in a Republican sweep in 2012.
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