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View Diary: Magic tricks, loopholes, government shutdowns and the debt ceiling (158 comments)

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  •  Why? (0+ / 0-)
    I think the debt ceiling drama has basically been resolved.
    Why?

    it fitfully blows, half conceals, half discloses

    by Addison on Sun Jan 20, 2013 at 11:03:09 AM PST

    [ Parent ]

    •  GOP has come up with their 3 month fix (0+ / 0-)

      after that comes gov't shutdown.

      •  Yes, but... (0+ / 0-)

        But if the WH and other Democratic leaders are to be believed, the 3-month fix won't pass, as it's not even remotely a clean bill.

        And even if it does pass, it requires a passed budget that comes out of the House.

        Likewise, even if it does pass, the whole debt ceiling thing comes up again before Independence Day. That not backing down, that's a can-kicking for tactical reasons with a miniscule real effect on the debt ceiling as leverage.

        I'm not sure why we're treating this doomed GOP focus-grouped PR proposal any different from the doomed focus-grouped PR proposals that have come and gone in the past.

        it fitfully blows, half conceals, half discloses

        by Addison on Sun Jan 20, 2013 at 11:29:56 AM PST

        [ Parent ]

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