Quote:
Originally Posted by sgtclub
My understanding is that the smaller ceiling hike would be used to avert the current crisis and give the parties time to negotiate a broader agreement. One of the frameworks on the table is a 2 step process. Increase of the ceiling now coupled with an equal amount of spending cuts and a broad agreement on the size and areas for cutting more, with details to be hammered out by congressional committees. That seems like a logical approach to me, but it is getting held up because the Ds don't want this issue in front of the voters in 2012.
|
Or the Rs refusing everything else because they don't want to hand Obama something he can tout as a victory and instead hope they can reverse public perception if they get a do over.
