It’s pitiful that so many Republicans’ only strategy to counter America’s trip to economic hell in a hand basket is to negotiate over the speed of the descent.
From CBS News:
With just days until the U.S. maxes out its borrowing authority, the House GOP has yet to decide what they’re going to ask for in return for an increase in the debt ceiling.
“No decisions have been made,” said House Speaker John Boehner, R-Ohio, after a meeting with his conference Tuesday morning. “The goal here is to increase the debt ceiling. Nobody wants to default on our debt. But while we’re doing this we ought to do something about the jobs and the economy.”
But what exactly that “something” is remains an unanswered question. Boehner and Senate Minority Leader Mitch McConnell, R-Ky., have made it clear that Republicans are not interested in a so-called “clean” debt ceiling increase where they increase the country’s borrowing authority but receive no spending cuts or new legislation in return.
The goal is to increase the debt ceiling? You’re doing it wrong.
Here’s what the Republicans reportedly would accept in return for agreeing to raise the debt ceiling again:
Several House members told The Washington Post on Monday that Republican leaders have narrowed their list of possible debt-limit strategies to two options: trading a one-year extension for approval of the Keystone XL pipeline, or trading a one-year extension for repeal of a provision of the Affordable Care Act.
Boehner might also agree to a multi-trillion dollar debt ceiling increase if the Democrats can get CVS to keep selling cigarettes.