if it is a blink, what should boehner do as a reply - offer something short to give time to complete the gang of 6 crap sandwhich?
I have no idea, but he insisted on no short-term solution and threatened to do the cutting of SS on 8/3. Now, he changed his tune.
IMO, I’d rather the house sign on to the debt increase with some cuts than any of the big deals being discussed. Assuming CCB isn’t happening with this Senate (which is my assumption all along), I’d rather take some cuts, do the debt increase and kick off the 2012 campaign than one of these ultra-damaging other bills. The Dems simply refuse to cut, so we need to remove more of them and get it done later.
Nope. I think there are two options:
A) Take the long approach, and say that we're not going to keep the markets unsettled on our every move for the next 6 months or more- the Dems need to act on the bills that have already passed in the House before August 2nd, and not hypothetical outlines. The economy is screaming for some certainty.
And,
B) Worse comes to worse: Pass a short-term extension, but *not* on the terms required by Obama for extending the "Gang of Six" talks. Call Obama's bluff... yet again.