Monday, July 25, 2011

White House stokes debt-ceiling crisis

A Republican aide e-mails me: "The Speaker, Sen. Reid and Sen. McConnell
all agreed on the general framework of a two-part plan. A short-term increase (with cuts greater than the increase), combined with a committee to find long-term savings before the rest of the increase would be considered. Sen. Reid took the bipartisan plan to the White
House and the President said no." If this is accurate the president is playing with fire. By halting a bipartisan deal he imperils the country's finances and can rightly be accused of putting partisanship above all else.

Full Story:
http://www.washingtonpost.com/blogs/right-turn/post/white-house-stokes-debt-ceiling-crisis/2011/03/29/gIQAvx8DYI_blog.html

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