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Friday, July 29, 2011

The Media [Reuters] on the debt negotiations.

The Reuters story reviewing the debt ceiling negotiations blames Republicans for failing to pass a bill that is sure to be rejected by the Democratic-controlled Senate.


Boehner's plan, which would cut spending by about $900 billion and raise the debt ceiling for a few months, is sure to be rejected by the Democratic-controlled Senate but could factor into an eventual compromise.

His inability to win quick passage in the Republican-run House could weaken his position at the bargaining table.

My question is “why?” If I went into a negotiating session and my opponent knew that I could not “compromise” certain principles, that would strengthen my position, not weaken it. Any bill that passes has to get past both the Senate AND the House. Yet for some reason, the House Republicans are the ones assigned by the media to come up with the plan what can then be shaped, molded, stapled, and mutilated by the Senate into something that the Democrats want? That’s not a negotiating stance; it’s the starting point for capitulation.
Top Senate Democrat Harry Reid wants to raise the debt ceiling by enough to kick the crisis beyond the November 2012 presidential election.

Reid indicated late on Thursday that he may advance his own bill, which cuts spending by $2.2 trillion over 10 years, in the Senate rather than use Boehner's proposal as the basis for a compromise.
Great; let’s see the Reid-Obama plan; you surely have one, right?

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