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Budget debt crisis Calvinball

How Obama sees the crisis:

To the White House, the shutdown/debt ceiling fight is quite simple, and quite radical: Republicans are trying to create a new, deeply undemocratic pathway through which a minority party that lost the last election can enact an agenda that would never pass the normal legislative process. It's nothing less than an effort to use the threat of a financial crisis to nullify the results of the last election. And the White House isn't going to let it happen.

The CR, they note, funds the government at the GOP's number of $988 billion. It is, itself, a compromise, and one they don't like. But they made it, because they couldn't pass anything else through Congress. And then the Republicans decided to shut down the government because they couldn't pass a delay or defunding of Obamacare through Congress.

First there was the Hastert rule, which is not an actual rule, but which Boehner uses to say he simply can't bring anything to the floor that doesn't have the support of a majority of his members.

The rules and promises Boehner makes are not their problem, they've decided. They're not going to save him. And that also rules out unusual solutions like minting a platinum coin or declaring the debt limit unconstitutional.

President Obama feels as strongly about this fight as he has about anything in his presidency. He believes that he will be handing his successor a fatally weakened office, and handing the American people an unacceptable risk of future financial crises, if he breaks, or even bends

See the comment count unavailable DW comments at http://mindstalk.dreamwidth.org/376739.html#comments



( 1 comment — Leave a comment )
Oct. 4th, 2013 05:53 am (UTC)
Thank the gods. That's the best political news I've heard since the election - for most of his first term Obama was all about appeasement, and that just resulted in the GOP taking and then taking more with no hint of flexibility or compromise. I was hoping that after the election he'd stand up to them and it looks like he actually will. With luck, this will also destroy Boehner's political career as he becomes hated both by the public and also by the far conservatives that he eventually will need to start ignoring. For once, I entirely agree with Obama's analysis of the situation.
( 1 comment — Leave a comment )


Damien Sullivan

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