Wednesday, December 05, 2012

Grabbing for more power

Did you know that President Obama is requesting in budget negotiations with Republicans "to have the ability to raise the debt ceiling whenever he wants, for as much as he wants, with no fiscal responsibility or spending cuts attached?" That is what Senator McConnell charged today in his Senate speech.

He added,

This is an idea opposed by Democrats and Republicans alike; it’s a power grab that has no support here. And so it’s not only completely dishonest, it’s juvenile, to compare it to last year’s debt ceiling agreement. It would also be incredibly irresponsible, since history shows that the only major deficit cutting deals we ever do around here come after debates over the debt limit. It may be a good idea if you don’t care about the debt, but it’s a non-starter for those of us who do. It also represents a dangerous attempt by a president to grab more power over spending, power that Congress must not and will not cede.

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