Legislative Magic Trick May Prove Debt Ceiling Remedy (NYT)

[somone]

http://www.nytimes.com/2011/07/19/us/politics/19fiscal.html

In Debt Crisis, a Legislative Trick Up the Sleeve
By CARL HULSE

WASHINGTON — With Republicans and Democrats still deeply divided over how to shrink the budget deficit and the national debt, the only way for them to avoid a financial crisis at this late date may be to perform a legislative magic trick.

The idea, conjured by Senator Mitch McConnell of Kentucky, the Republican leader, would allow Republicans to accede to an increase in the government’s debt limit without actually voting for it or giving in to President Obama’s demand for tax increases as part of any deal.

It would give the White House a way out of the box that it is in and avert a potential deeper blow to the economy. And it would allow Democrats to head into an election year having backed substantial spending cuts without having, so far, buckled to pressure to bite into the entitlement programs that represent core values to many liberal voters.

That, at least, is the goal of the approach offered last week by Mr. McConnell, who continued to work with Senator Harry Reid, the Democratic majority leader, on Monday to refine their fallback proposal even as the parties exchanged fire leading up to coming floor fights in the House and Senate over a Republican deficit-reduction plan. The Senate leaders are developing cuts and other deficit-reduction provisions to provide some lubricant to pass the measure, which has been ridiculed by many Republicans as a slick effort to dodge accountability.

[Lil Missy]

1. "It would give the White House a way out of the box that it is in"

Excuse me?? Obama spanked them in a game of rope a dope, it's the tea baggers and Republicans whose chestnuts are roasting over an open fire.

[FreakinDJ]

2. Nicely said Missy

[Big Blue Marble]

3. Excuse me, I think it is ours that are being roasted.

[Lil Missy]

4. Okay, after it's all said and done, and voted, lets compare nuts.

:P

[FreakinDJ]

6. Doesn't show "Dem Nuts being Roasted" in the polling

"Do you approve or disapprove of the way Barack Obama is handling the current negotiations on the debt ceiling?"

Approve 43%
Disapprove 48%

"Do you approve or disapprove of the way Democrats in Congress are handling the current negotiations on the debt ceiling?"

Approve 31%
Disapprove 58%

"Do you approve or disapprove of the way Republicans in Congress are handling the current negotiations on the debt ceiling?"

Approve 21%
Disapprove 71%

http://www.pollingreport.com/budget.htm

Dem Nuts - Dem Nuts

I made a funny :rofl:

[Big Blue Marble]

7. I am thinking it's looking like there are no winners in this game.

We will wait a little longer to see how in the hell they all get themselves out of this one.
It may not be very pretty for any of us.

[FreakinDJ]

8. Pretty much in total agreement

The question of the day is "Where are the rest of the DEM voices in this argument"

A couple sound bytes out of Pelosi and Reid and thats about it. That has me more worried then any thing else right now.

[DCBob]

5. This is the most likely end result as it gives the GOP political cover from their teabagger base.

The rank and file GOP do not want to force this country into a default but they fear what these idiot teabaggers could do to them politically. Sad and pathetic situation.