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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: goldworldnet who wrote (437746)	7/28/2011 9:26:00 PM
From: skinowski	5 Recommendations Read Replies (1) \| Respond to of 793681

Here is IMO an excellent brief and illuminating blog on the subject. Even the Republican positions may prove to be too little too late, and simply no one is proposing any actual cutting. I found the last paragraph particularly interesting. scottgrannis.blogspot.com

To: goldworldnet who wrote (437746)	7/28/2011 11:15:26 PM
From: Sdgla	9 Recommendations Read Replies (1) \| Respond to of 793681

Reid, IMO, was calling the GOP's bluff and got caught by the Tea Party. Why Didn’t Democrats Raise The Debt Ceiling Last December? Doug Mataconis · Thursday, July 28, 2011 · 16 Comments As we hurdle toward uncertainly, it’s worth noting, I think, that the Democrats passed on the opportunity to deal with the debt ceiling back in December 2010 when they still had control of Congress. Why, you might ask? I’ll let Harry Reid explain: Briefing reporters yesterday, Senate Majority Leader Harry Reid said he’s glad the debt ceiling was left out of this tax package. And he was unusually blunt about why. “That’s something that we talked about,” Reid said. “My personal feeling is that I’m not sure — and a lot of my caucus doesn’t agree on this — but I think it may be better to do the debt ceiling, raise it next year rather than now.” Why? “I want the Republicans to have some buy-in on the debt,” he said. “They’re going to have a majority in the House. I think they should have some kind of a buy-in on the debt. I don’t think it should be when we have a heavily Democratic Senate, a heavily Democratic House and a Democratic president.” Reid was responding to questions being raised as to why he wouldn’t attach the debt ceiling increase to the bill to extend the Bush Tax Cuts, a bill the GOP would be unlikely to vote against. His reason? Pure politics. Not shocking to those of us who have watched Washington for a long time, but it’s worth noting that neither side is innocent here.