2016 Postmortem
Related: About this forumObama Puts Republicans In A Bind On Entitlements
SAHIL KAPUR JANUARY 14, 2013, 5:55 AM
The White Houses weekend ultimatum that Congress either lift the debt ceiling cleanly or take responsibility for default puts Republicans in a bind over their goal of reforming entitlement programs.
In ruling out all executive options, such as minting a high-value platinum coin, the White House put the onus on congressional Republicans to agree to raise the nations borrowing limit without spending cuts or strings attached or permit the first ever credit default. President Obama has steadfastly rebuffed their calls to cut social spending in exchange for raising the debt ceiling, and Democratic leaders support his position.
There are only two options to deal with the debt limit: Congress can pay its bills or it can fail to act and put the nation into default, said Obamas spokesman Jay Carney. The President and the American people wont tolerate Congressional Republicans holding the American economy hostage again simply so they can force disastrous cuts to Medicare and other programs the middle class depend on while protecting the wealthy.
That leaves Republicans in a difficult position vis-à-vis their promise not to raise the debt ceiling without improving the long-run solvency of programs like Social Security and Medicare.
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http://tpmdc.talkingpointsmemo.com/2013/01/republican-debt-limit-bind-entitlements.php?ref=fpa
Proud Liberal Dem
(24,436 posts)They want to kill the programs!
forestpath
(3,102 posts)when it was Obama himself who put SS cuts on the table last month?
RomneyLies
(3,333 posts)Obama is on the record, either you raise the debt ceiling or you don't, your choice.
If they put the entitlement cuts into a bill, it's unpopular with most of the country and still gets shut down in the Senate where the cutes will be removed and a clean deb ceiling bill is returned to the House.
If they don't put entitlement cuts in and still increase the debt ceiling, the tea bagging base will come unglued, especially coming on the heels of the fiscal cliff deal they went along with.
Either way they lose.
By putting the Chained CPI into a deal Obama knew there was no way in hell the GOP would accept last year, he went way further than he should have. He showed a willingness to compromise big and the Republicans threw it back in his face. Now that the tax cuts are taken care of, he can afford to be unwavering and the Republicans look like the bad guys no matter what they do.
He's boxed them in and any way they turn, they lose. They lose the worst if they play to the teabagging base and they damned well know it because any economic downturn due to their intransigence will put the blame squarely at their feet and their teabagging base will still hate them.
silverweb
(16,402 posts)[font color="navy" face="Verdana"]Thanks!
hogwyld
(3,436 posts)Love the sig line!
forestpath
(3,102 posts)http://www.washingtonpost.com/business/economy/obama-no-negotiations-with-gop-over-debt-ceiling/2013/01/14/f2514230-5e5c-11e2-90a0-73c8343c6d61_story_1.html
"Reforms" = cuts. There is no way around it. No matter who "wins," SS loses.
RomneyLies
(3,333 posts)and which was thrown back in his face by Republicans.
Big difference.
forestpath
(3,102 posts)Cha
(297,574 posts)holding our country hostage while they threaten to blow our economic system apart so they can screw those depending on their SS, Medicare, Veteran payments, ect, ect ect?
I hope those who voted for all those teabaggers like ryan, cantor, bachmann are not dependinig on any of those checks? They would feel real stupid right about now..wouldn't they?