GOP leader says give Obama new debt limit powers

ktul ^

[LouAvul]

With compromise talks at a vituperative standstill, Senate Republicans unexpectedly offered Tuesday to hand President Barack Obama new powers to avert a first-ever government default threatened for Aug. 2.

Under a proposal outlined by Sen. Mitch McConnell of Kentucky, Obama could request increases of up to $2.5 trillion in the government's borrowing authority in three separate installments over the next year, as long as he simultaneously proposed spending cuts of greater size.

[EGPWS]

Senate Republicans unexpectedly offered Tuesday to hand President Barack Obama new powers to avert a first-ever government default threatened for Aug. 2.

Is that one worth a drink since it's happy hour? ; )

[Prospero]

Oh, hell no. Now THAT would be unconstitutional. The Gentleman from Kentucky needs to shut up, minority leader.

[Texas Eagle]

Under a proposal outlined by Sen. Mitch McConnell of Kentucky, Obama could request increases of up to $2.5 trillion in the government's borrowing authority in three separate installments over the next year, as long as he simultaneously proposed spending cuts of greater size.

"Ooooh. You tricky, tricky white boy."

[Jonty30]

It sounds like the Israeli-Palestinean negotiators.

The Republicans give and Obama takes. However, once he’s taken, he’s forgotten what it was he was supposed to give.

[LyinLibs]

WTF is going on here?

Does the GOP have a political death wish?

[EGPWS]

Obama could request increases of up to $2.5 trillion in the government's borrowing authority in three separate installments over the next year, as long as he simultaneously proposed spending cuts of greater size.

Isn't that like tugging in opposite directions to force movement one way?

[EGPWS]

Does the GOP have a political death wish?

If the GOP follows through with this they are DOA politically, count on it!

[Bryan24]

There are only about 10-12 conservative Senators.

[EGPWS]

The Republicans give and Obama takes. However, once he’s taken, he’s forgotten what it was he was supposed to give.

[Roklok]

Bullshit!!!

[Cheetahcat]

2.5 Trillion??????????? are these numskulls insane? Giving that kind of money to a complete LIAR and con artist? NO cut the money they spent since 2006!

[Cyber Liberty]

If Obama did not have Geithner to cook the books his way, I’d think he wouldn’t like this deal. It would keep this issue alive straight through campaign season. But Geithner would simply announce the debt ceiling won’t be a problem until...say...January 21, 2013.

Bad deal Mitch. I wish you hadn’t offered it.

[chainsaw]

Does the GOP have a political death wish?

The GOP RINO’s do. They have already given Zero trillions and he wants more.

Shut the government down.

Vote the worthless b$$tards out of office.

Pass a strict balanced budget amendment.

Reduce the size of government.

[tobyhill]

There is an easier way of doing this, the GOP Controlled House can pass a debt ceiling increase with the same amount in cuts and send it to the Senate. It would then be out of the GOP’s hand and squarely on Reid and Obama.

[The Sons of Liberty]

If McConnell doesn’t have the backbone, stomach, gonads etc. to face down the usurping POS 0bama, then he should step aside and let’s get someone who can!

[A Strict Constructionist]

Fools rush in!!!!!!!!!!!!!!!

Free campaign money for the O. Mitch shut up and go home.

[theDentist]

Oh HELL NO!

[Orange1998]

If done, Dictatorship is the only explanation.

[Recovering_Democrat]

Obama could request increases of up to $2.5 trillion in the government's borrowing authority in three separate installments over the next year, as long as he simultaneously proposed spending cuts of greater size...

Uh, as long as the spending cuts are mandatory and approved by Congress. This was the original idea all along, right?