Mitch McConnell is either the dumbest member of congress, or the smartest. At first I leaned toward dumbest when he proposed giving Obama the ability to raise the debt limit. Then I read the proposal and realized that this is a brilliant solution. The following article explains it:
First, Obama would submit a request for a $700 billion increase in the debt ceiling, along with a nonbinding proposal to cut spending. That would automatically trigger a $100 billion increase in the debt ceiling to give Congress time to consider the request. Congress could then vote to either approve or disapprove of the president’s request. If they disapprove of it, however, Obama could veto their disapproval, and unless two-thirds of both chambers voted to overturn his veto — a virtually unthinkable outcome given that Democrats control the Senate — he could raise the debt ceiling anyway.
The same thing would happen, albeit in $900 billion increments rather than $700 billion increments, in fall 2011 and summer 2012. Take it all together, and Republicans would almost completely forfeit their leverage over the debt ceiling. In return, they’d get to make Democrats vote repeatedly to first raise the debt ceiling and then to “approve” of raising the debt ceiling. As Sen. Lamar Alexander (R-Tenn.) said, this “gives the president 100 percent of the responsibility.”
Republicans ought to accept this, because it puts the spotlight and the responsibility solely on Obama. McConnell is right, this President will never agree to a reasonable deal to raise the debt ceiling. Instead he will hold sham meetings and repeatedly use the debt ceiling to take cheap political shots at Republicans, without having to offer any solutions himself. He will use the threat of the debt ceiling to extort outrageous concessions from Republicans. This would turn the tables on him. He and only he would be responsible for raising the debt ceiling. He and only he would be responsible to propose spending cuts to support that decision.
Unfortunately the conservatives are looking at this as surrender to Obama, without realizing that instead it is the ultimate poison pill for Obama. My prediction is that if congress did pass this, the White House would reject it. If this was such a great deal for Obama you would be hearing a lot of Democrats praising it. They aren’t. That is because they know the truth. This deal will expose Obama and ultimately expose Democrats. The reason is that Obama is very unlikely to propose real spending cuts. That means when he requests an increase to the debt ceiling congress will almost certainly vote no. Obama will then have to veto the legislation and Democrats in the Senate will have to block any attempt at over-ride.
This is absolutely brilliant, but my hunch is that it will never happen. Instead we will continue on the same path, which is the road to nowhere.
TDM
