Tag: debt debate
GOP Playing Russian Roulette in Debt Ceiling Debate
An approach to the debt ceiling that says one will not vote for its extension unless ObamaCare is defunded is the political equivalent of playing Russian roulette with all the chambers of the gun loaded. It is the ultimate no-win strategy.
— Former Sen. Judd Gregg (R-NH), writing for The Hill.
In Over His Head
When you say it would seem they’ll have a significant amount of leverage over the White House, what do you mean?
— President Obama, at a news conference last December, not seeming to grasp a reporter’s question about the Republican Party’s ability to use the debt ceiling vote as leverage.
Axelrod: Everyone Loses in Debt Deal, But GOP Loses More
In the short term, everyone suffers politically. In the long term, I think the Republicans have done terrible damage to their brand. Because now they’re thoroughly defined by their most strident voices.
— White House adviser David Axelrod, quoted by the Washington Post, spinning the deal reached last night to raise the debt ceiling.
Romney Opposes Debt Deal — Who Cares?
As president, my plan would have produced a budget that was cut, capped and balanced – not one that opens the door to higher taxes and puts defense cuts on the table. President Obama’s leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute. While I appreciate the extraordinarily difficult situation President Obama’s lack of leadership has placed Republican Members of Congress in, I personally cannot support this deal.
— Mitt Romney, after being silent on the topic for weeks, issues a statement opposing the debt ceiling agreement reached last night.
Debt Debate Debacle
As the debt standoff went from bad to worse,
The public didn’t know who to curse.
In the game of fiscal chicken,
With the deadline clock tickin’
It sure looks like the Republicans blinked first.
