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 hes 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. Im 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 nations $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 ...
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.
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