The Republicans begin to cave

It took longer than I expected, but it’s no surprise. From The Wall Street Journal:

GOP to Propose Temporary Debt-Ceiling Increase
Plan Won’t Include Additional Policy Conditions
By Patrick O’Connor and Kristine Peterson | Updated Oct. 10, 2013 11:18 a.m. ET

WASHINGTON—House Republicans on Thursday plan to unveil a six-week increase to the nation’s borrowing limit that doesn’t include additional policy conditions, in a potential major breakthrough in the deadlock that resulted in a partial government shutdown and threatens the country’s ability to borrow.

The measure appears to deal with just one of two major components of the spending standoff. It doesn’t reopen the government, which has been partially closed for 10 days, possibly leaving that question to additional deliberations between lawmakers and the White House over a broader debate about government spending.

A White House official suggested Republicans needed to do more to break the impasse. “Once Republicans in Congress act to remove the threat of default and end this harmful government shutdown, the president will be willing to negotiate on a broader budget agreement,” the official said in a statement.

The official also said the administration prefers a longer-term debt-ceiling increase to the six-week version House Republicans are considering. “It is better for economic certainty for Congress to take the threat of default off the table for as long as possible,” the official said.

More at the link. But note how the Administration has said that the Republicans need to give up even more. The Republicans showed a willingness to compromise, and the Democrats immediately saw it for what it was: a sign of weakness. Their response wasn’t, OK, let’s get together and hammer this out, but to stand firm.

At some point, the Democrats will throw a face-saving bone to John Boehner, and it will all be over; the Speaker will call it a great compromise, in our national interest, while the Democrats will laugh at him as they celebrate their virtually complete victory.

26 Comments

  1. Was listening to Medved for a few minutes yesterday. Don’t usually listen to any of them. He was all wound up over what a “default” which could only be deliberately caused by the President if he worked at it, would do to our credit rating.

    The price of freedom. Good national credit for a race of willing slaves.

    Here’s your next post:

    Solve this Mystery: Ganzeveld, Brown and which three others?

  2. I really don’t get it. Seems all the leftists in this country and a dumbass in another, think that because they won an election or hold a majority suddenly all the rights and freedoms of the minority disappear. This is a republic and the wishes and desires of the minority need to be respected and considered when making policy. They start saying how it’s treason to fight “settled law” , whaaa? Was it treason to fight the Fugitive Slave Act, Jim Crow and any number of previous “settled law”? Of course not. Just because a law is passed does not make it either a just law nor a moral law. Especially when the law does NOT apply to ALL citizens equally. Right there the law looses its legitimacy.

  3. The Debt Limit is the only real negotiating chip the Stupid Party has. BO will never go down in history as the largest spender, the history books (that is the ones the record true history) are full of presidents who spent too much since FDR, but the history books (again of true history) have record of the previous 43 not defaulting the country. And BO for all the negative garbage he has foisted upon the public does not want to be #1 in the Default Department.

  4. He is the largest spender in history whether the history books like it or not. Plus, he already managed to get us downgraded and we’re headed that way again.

  5. Hoagie
    Thursday, 10 October 2013 at 16:21 (Edit)

    He is the largest spender in history whether the history books like it or not. Plus, he already managed to get us downgraded and we’re headed that way again.

    CommonCore will fix the history for BO. Remember, the ones in charge write the history. And we all know this Narcissistic SOB writes his own history.

  6. The Republicans showed a willingness to compromise

    As someone pointed out recently, you don’t get to demand a ransom to do the job you’re supposed to do. Threatening to shoot only one hostage instead of all of them isn’t a “compromise”.

  7. I really don’t get it. Seems all the leftists in this country and a dumbass in another, think that because they won an election or hold a majority suddenly all the rights and freedoms of the minority disappear. This is a republic and the wishes and desires of the minority need to be respected and considered when making policy

    Uh-huh.

    But when an Act is passed through Congress, when a Presidential election is based on that Act and won by those supporting it, when it is challenged 41 times and those challenges fail each time, and when the Supreme Court considers it constitutional – then it is law. The wishes and desires of the minority were considered – and overruled by the democratic process.

    What you are saying is that the wishes and desires of the minority should dictate what is or isn’t law, regardless of the democratic process. What you are saying is that, as long as your cause wins, you prefer fascism to democracy.

  8. He is the largest spender in history whether the history books like it or not. Plus, he already managed to get us downgraded and we’re headed that way again.

    http://en.wikipedia.org/wiki/United_States_federal_government_credit-rating_downgrade#S.26P_rationale_for_the_downgrade

    —–
    Governance and policy-making stability

    S&P was direct in its criticism of the governance and policy-making process, which took the U.S. to the brink of default as part of the 2011 U.S. debt-ceiling crisis that same week:

    “More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011. Since then, we have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government’s debt dynamics any time soon.”[14]

    “The political brinksmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed. The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy. Despite this year’s wide-ranging debate, in our view, the differences between political parties have proven to be extraordinarily difficult to bridge, and, as we see it, the resulting agreement fell well short of the comprehensive fiscal consolidation program that some proponents had envisaged until quite recently. Republicans and Democrats have only been able to agree to relatively modest savings on discretionary spending while delegating to the Select Committee decisions on more comprehensive measures. It appears that for now, new revenues have dropped down on the menu of policy options. In addition, the plan envisions only minor policy changes on Medicare and little change in other entitlements, the containment of which we and most other independent observers regard as key to long-term fiscal sustainability.”[14]
    ——

    Keep spinning, liar.

  9. Your citation are without merit and dubious at best plus they come from unreliable sources. At worst they are out and out lies. You are a dumbass, how’s that for truth? In 2009 the debt was 9 trillion. Now it approaches 17 trillion. Hence Obama is the biggest fraud, liar and spender in history. He stated way back when that to vote for an increase in the debt was unpatriotic and voted against it. He’s a liar. The credit of the US was downgraded on Obama’s watch. He was part and parcel of the problem.

    The only thing spinning here is that little wheel in your head which replaced your dumbass brain long ago. Liar. Fraud. Dumbass. E Pluribus Unum.

  10. Your citation are without merit and dubious at best plus they come from unreliable sources.

    Oh, for fuck’s sake, you incredible moron.

    HERE is the report from Standard and Poors ITSELF stating why they lowered the credit rating.

    “Economist”, huh? Bwahahaahahahah.

  11. Dumbass:

    By Dave Boyer
    The Washington Times

    Wednesday, October 9, 2013

    President Obama likes to say that raising the nation’s borrowing limit “won’t add a dime” to the federal debt, but he neglects to mention that the government already has borrowed the equivalent of more than 60 trillion dimes since he took office.

    When Mr. Obama became president in January 2009, the total federal debt stood at $10.6 trillion. This week, it hit $16.7 trillion — an increase of 57 percent. In the same time frame under President George W. Bush, total federal debt rose 38 percent. Under President Clinton, it rose 32 percent.

    Read more: http://www.washingtontimes.com/news/2013/oct/9/obamas-national-debt-rate-on-track-to-double/#ixzz2hNP936Xc
    Follow us: @washtimes on Twitter

    What a dumbass, an ignorant dumbass.

  12. BTW Dumbass, we all know S&P lowered the credit. Under Obama! Dumbass, that’s all I said.

    Intellect huh, Bwahahahahah! No still just a dumbass!

  13. BTW Dumbass, we all know S&P lowered the credit. Under Obama! Dumbass, that’s all I said.

    Uh-huh

    “He is the largest spender in history whether the history books like it or not. Plus, he already managed to get us downgraded and we’re headed that way again.”

    You’re such a goddamned liar.

  14. You can continue to go in circles dumbass, but it doesn’t change the FACT the credit was lowered under Obama, does it? Dumbass. You’re a bullshiter. You know damn right well what I mean but you twist because you can’t admit your lying Obama is a liar so you start your usual dumbass projection. You really are a fucking low information idiot. Or did Jefferson write the Constitution? Dumbass.

  15. Well Boehner walked out of the meeting, blew by the MSM, and left. I guess BO said to Boenher, my way or the highway. Boehner I guess took the highway.

    Instead it looks like the repulsicans once again want to snatch defeat from the jaws of victory.

  16. From BO’s Campaign Propaganda Oranization, OFA, this came in the email today:

    Friend — (should say Comrade)

    I wanted to pass along a quick update on what’s going on in Washington right now.

    The first thing you need to know is that what you’re doing is working — brand-new polling shows that the House Republicans who caused this shutdown are hitting historic lows in popularity. And, for the first time in this fight, House leadership has acknowledged that they need to come back from the ledge and work on a real solution.

    Our voices are being heard. Now, keep going.

    We’re asking everyone to tweet with the hashtag #EnoughAlready today — you should send that message to Speaker Boehner and the Tea Party, to your representative, and to anyone else you think needs to hear it.

    Should be signed Barry Goebbels

  17. But when an Act is passed through Congress, when a Presidential election is based on that Act and won by those supporting it, when it is challenged 41 times and those challenges fail each time, and when the Supreme Court considers it constitutional – then it is law. The wishes and desires of the minority were considered – and overruled by the democratic process.

    What you don’t realize is that, under our system, a law passed by one Congress can be altered or even gotten rid of by a later Congress. Heck, we even managed to repeal an entire Constitutional Amendment once the public mood about it changed.

    Further, Obamacare passed along entirely partisan lines, which is almost unheard of for a law of that degree of sweeping power. That may not mean anything from a strictly legal POV, but when almost half the country doesn’t like a law from the start, it doesn’t bode well for that law achieving widespread legitimacy and acceptance among the public as a whole.

  18. Or did Jefferson write the Constitution? Dumbass.

    That was a classic, and showed what an ignoramus Pho is without his precious Google (wort of like Obama without his TelePropmtR). To not know who wrote the Constitution vs who wrote the Declaration of Independence is like being an Englishman and not knowing if William the Conquerer was a Norman or a Viking.

  19. Should be signed Barry Goebbels

    Gotta hand it to them, these a$$holes are always in campaign mode. Unlike those dumb saps in the GOP, thinking about what’s best for the country instead of thinking up how to make better propaganda for their side.

  20. You can continue to go in circles dumbass, but it doesn’t change the FACT the credit was lowered under Obama, does it?

    “[Obama] is the largest spender in history whether the history books like it or not. Plus, he already managed to get us downgraded and we’re headed that way again.” – Hoagie, Thursday, 10 October 2013 at 16:21

    “Dumbass, you’re a liar. I never stated Obama got the US downgraded. I stated it occurred on his watch. Don’t they teach librarians reading comprehension down there? Dumbass.” – Hoagie, Thursday, 10 October 2013 at 22:53

    Consider your “logic”, Hoagie – Sept. 11 happened under Bush’s watch. Therefore, based on your reasoning, Bush managed to get two airplanes to smash into the WTC, a sin of commission.

    Hell, by your reasoning, Bush managed to destroy the Space Shuttle Columbia…

  21. Oh, good grief, Pho. If you think that we are such terrible people, why do you keep coming here? Please, here are some places you can find a friend to get some other entertainment.

  22. Oh, good grief, Pho. If you think that we are such terrible people, why do you keep coming here?

    I’ve sometimes wondered the same, but the little weasel doesn’t answer.

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