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View Diary: Nancy Pelosi & House Dems Just Filed The Discharge Petition (215 comments)

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  •  I think you're missing something a little subtle (7+ / 0-)


    Getting an extension of the lower tax rates on incomes under $250,000 now, changes the dynamic of a later engagement involving the statutory debt limit contingent on spending cuts.

    With the extension of the under $250,000 tax rates out of the way, how do the Republicans negotiate the debt ceiling.  They can't make themselves appear benevolent with it like they could with the tax cuts. If they think they can, I'd like to see them try it.

    When Republicans offer the debt ceiling and their asking price is entitlement cuts, it's an ultimatum, not a negotiation.  How exactly would the Republicans even announce their terms.  The Democrats can remain silent and they can expect a rise in the debt ceiling because anything else is unthinkable.  Let the Republicans threaten to harm this country's financial position to achieve their unpopular goal.  And then let them face the consequences.

    "Those who deny freedom to others, deserve it not for themselves." - Abraham Lincoln

    by leftreborn on Tue Dec 04, 2012 at 12:00:30 PM PST

    [ Parent ]

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