Posted on 07/03/2011 3:03:31 PM PDT by Hojczyk
A "mini-deal" to extend the debt ceiling for the short term may be the answer for Republican lawmakers and President Obama to reach an agreement on raising the debt ceiling before the Aug. 2 deadline to avoid a government default on its loans.
President Bill Clinton offered up the suggestion during an interview Saturday night, and in the absence of any other agreement, at least one GOP lawmaker didn't outright dismiss it.
"The problem with a mini-deal is we have a maxi problem. And these -- the big problems -- aren't going to go away if you cut a mini-deal. All it does is delay the moment of truth. So I'd say better now than then," Sen. John Cornyn told "Fox News Sunday."
"But if we can't, we'll take savings we can get now, and we'll re-litigate as we get closer to election," said Cornyn, R-Texas.
Republicans refuse to eliminate tax deductions and subsidies that help businesses and individuals reduce their overall obligation to the government unless there's a drop in existing tax rates.
"I think the American people understand that raising taxes grows the size of the federal government. If there's one thing that I think they told us on November 2010 is that they want government to get smaller, not bigger," Cornyn said. "So, the only way to get government smaller, more rational, is to cut spending, not to raise taxes. So, I think we win that."
(Excerpt) Read more at foxnews.com ...
Seems like damn near everyone inside the Beltway needs to be run out on a rail...
???
The headline and the story don’t seem to have any relation to each other.
THE GOP will cave. Count on it. It’s what they do.
Here let me see that again.
Well, I'll be darned, they don't.
The headline is not supported by the text.
Must be more MSM/Democrat running dog lackey wishful thinking.
Mini-rape isn’t like rape-rape, right?
ya think?
well that all depends on the meaning of “isn’t”
MSM wants GOP to surrender
Spineless, nutless wonders, all of ‘em...
This would be no different than just raising the debt ceiling to whatever the dems want. If you do it in smaller chunks or all at once it is no difference. But it would be typical deception for the populace.
“I didn’t put it in very far and I quickly removed it”... I can’t tell you how many times I have had to listen to rape suspects try to minimize their rape with such nonsense.
In for a penny, in for a pound.
I hold that there is NO room for compromise on ANY of this. Some compromise could have had reasonable meaning about 3 years ago, but NOT NOW.
Obama has FAILED, the GOP should not join him in HIS failure.
If the GOP can not be strong, then they have failed and we don’t need them.
If Republicans do surrender, this will be a weapon used against them in the 2012 elections.
If they insist on extending it, I’d suggest no later than the end of this year. “Six or eight months,” as suggested by Billy Blowjob seems excessive to me.
If the GOP folds we know what to do come November, plain and simple
Democrats think they can take back the House and keep the Senate if there’s a shutdown. Sadly, they may be right thanks to moderates, independence and MSM manipulation.
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