That's essentially the Obama position. No debt ceiling approval without new taxes on America's most productive citizens.
I heard Judd Gregg this morning saying that he believes Obama is trying to force a crisis because he wants an excuse to delay social security checks. He assumes (and he'll certainly say) that this is all the Republican's fault. But if a bill passes the house and Senate and he veto's it, then using his discretion as President (which in this matter is absolute) he withholds Social Security checks expressly to force some political gain, I think he'll be lucky to make it out of Washington DC alive.
If that happens, he may very well be the last Democrat ever elected to the presidency, and maybe the last one elected to national office.
2 comments:
If the Boehner plan makes it through the House, I predict Obama will not veto it.
Did you notice the change in wording coming out of the White House about this proposal? On Cut Cap & Balance, we had Obama saying I will veto this bill. On the Boehner plan, it's the president's advisors will recommend he veto the bill.
At first I heard that and thought Obama doesn't really like it and he's fishing for sweeteners, but he'll sign it if it's all he can get before the deadline.
And then I read Red State this morning. http://www.redstate.com/erick/2011/07/27/its-all-too-odd/
Ivan's goat MUST DIE!
http://www.nationalreview.com/articles/226398/ivan-and-boris-again/thomas-sowell
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