Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Harry Reid commends Mitch McConnell’s debt plan
http://www.politico.com/news/stories/0711/58877.html ^

Posted on 07/13/2011 8:25:39 AM PDT by MNDude

Senate Majority Leader Harry Reid on Wednesday praised Republican Leader Mitch McConnell for putting forth a plan to raise the debt ceiling, calling it a “serious proposal” that he’s continuing to study.

“He spent a great deal of time working on this. I commend him for his thoughtful and unique proposal, something that we have to look at very closely,” Reid, a Nevada Democrat, said on the Senate floor. “I’m heartened by what I read. This is a serious proposal, and I commend the Republican leader for coming forward with it.”

McConnell laid out his plan on Tuesday as he signaled bipartisan negotiations to raise the debt ceiling by the Aug. 2 deadline were beginning to look “increasingly pessimistic.” His proposal, which he referred to as a “last-choice option,” would give President Barack Obama new power to raise the nation’s $14.3 trillion debt ceiling without corresponding spending cuts.

Read more: http://www.politico.com/news/stories/0711/58877.html#ixzz1RzxataoM

(Excerpt) Read more at politico.com ...


TOPICS: News/Current Events
KEYWORDS: debtceiling; mcconnell4obama; reid4mcconnell; reid4rinomcconnell; rino4dnc; rino4obama; rinoabdication; rinomcconnell; rinotreason
Navigation: use the links below to view more comments.
first previous 1-2021-4041 last
To: EGPWS
Tell me if I'm wrong but isn't this a 100% capitulation on everything that has been in heated discussion all along?

Not really because now he's saying that if Obama wants it he'll have to do it all by himself and take all consequences.

Before, Repubs were willing to take some of the blame, but only if cuts were part of the deal.

Now McConnell has shown a way by which Obama can just go it alone...but now Obama has nothing to blame the GOP for anymore. No debt ceiling "aye" votes and DEFINITELY no tax hikes.

41 posted on 07/13/2011 11:28:29 AM PDT by Siena Dreaming
[ Post Reply | Private Reply | To 13 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson