As business leaders are demanding that congress raise the debt limit the Republican leadership is realizing that the same Tea Party movement that swept them to power has placed them in a box that they need to get out of. Along comes Mitch McConnell with his box cutter.
McConnell fall-back plan leaves debt ceiling hikes to Obama
Senate Republican Leader Mitch McConnell (R-Ky.) on Tuesday laid out a plan that puts the responsibility for increasing the debt limit squarely on President Obama.
McConnell has called for Congress to pass legislation authorizing Obama to make successive requests to increase the debt limit.
Under the legislation, Congress could only block those requests by passing resolutions of disapproval, which would have to be supported by two-thirds of both the Senate and House to overcome an expected presidential veto.
Of course he may have to use that same box cutter to defend himself from some in his own party. I find it hard to believe that Republicans are still pushing for cuts in Medicare and opposing tax increases for the the top five percent of the population when every poll indicates they are on the wrong side.
I have doubts that this could make it through the House but I’m sure Boehner is looking for enough sane Republicans to pass it with the help of the Democrats.