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View Diary: House debt limit vote coming tomorrow (52 comments)

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  •  It's only three months... (0+ / 0-)

    ...also, too, the idea was that he was giving up his leverage to avoid Chained CPI for SS. That was the outrage. But since the "deal" he's come out and spoken in favor on Chained CPI anyway. So has Pelosi. So now we're in a situation where the leverage was given up, then we all jumped for joy for a three month delay because Jed told us to, and we'll probably get Chained CPI anyway. Amnesia, indeed.

    Or do you think that, in spite of President Obama speaking out in favor of it, Chained CPI won't happen?

    it fitfully blows, half conceals, half discloses

    by Addison on Tue Jan 22, 2013 at 05:53:20 PM PST

    [ Parent ]

    •  Chained CPI was to be part of a grand bargain (0+ / 0-)

      It was not in exchange for raising the debt ceiling.

      Boehner can't deliver a grand bargain, so it's unclear whether Chained CPI will ever happen.

      The reason democrats favored Chained CPI is it was the least damaging entitlement cut that could be used to get additional spending or stimulus from the Republicans.

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