This “negotiation” now is all about politics and how the public perceives who will take the blame for the coming depression, which is inevitable. Unfortunately, Obama has the media on his side and should easily be able to hang this on the GOP. If the GOP does nothing, Obama could easily be defeated in 2012, but it will probably be too late to save the country by the time that happens. Obama’s fatalistic policies are scary and I’m convinced this is what he wants- a nation that is counting on the government to save them so he can redistribute wealth to his heart’s content. Possibly Mitch McConnell understands this and that’s why he’s pushing his plan. God help us!
Obviously McConnell wants to join Obama as one of the greedy heinous criminals who have destroyed this nation for political madness of historic proportions
I think they should raise the debt limit by 500 billion but lay down the marker on september 30 when the continueing resolution runs out. I would tell the dems that all that will pass the house is an 75% continueing resolution. If the dems don’t like it then they should do their job and get a budget through the senate. If they think that is too much for some programs they would have to take more out of something else to get the money for whatever they think is necessary.
The way Harry Reid and Obama do things is put it off until the last minute and the scream the sky is falling. No budget through the senate in 800 days is totally unexceptable.