The People’s View: Republicans Get Ready to Cave on the Debt Ceiling, Again
Part of the reason I have been relatively nonchalant on the Republican dog-and-pony show and threats to want to extract concessions from the president in order to raise the debt ceiling is that I have been convinced for some time that for Republicans, that dog simply wont hunt. This has become a sad, broken, predictable record now: the debt ceiling gets close, Republicans swoon over themselves with promises to extract concessions from Democrats and the president just to pay Americas bills that Congress has already authorized, then let it be raised without those concessions anyway. And then in a few months time, they repeat and promise itll be different this time, and then back off again.
That is what is happening right now. Tomorrow, the Congress-enacted suspension of the borrowing limit expires, and the Treasury Secretary Jack Lew says that extraordinary measures to keep the government from running out of money will last only until the end of this month. After toying once again with demanding the suspension of the Affordable Care Act and/or approving the Keystone XL pipeline, the House Republican leadership is inching ever closer to the white flag.
More here: ttp://www.thepeoplesview.net/2014/02/republicans-get-ready-to-cave-on-debt.html
Found on the Obama Diary