TWD said:Democrats get a debt ceiling increase, and Republicans get spending level decreases. How much do the Democrats give up?
Except raising the debt limit is not a 'democrat thing' or something that the democrats want or something that is part of the bargain. Raising the debt limits has been a simple matter ever president and party has voted for. The only issue here is that the debt has gotten to large in relation to our revenue. Given that the Tea-Party wants a stranglehold this time around, it would be a perfect opportunity to say, have 4trillion cuts in spending of medicare/social security, and close some loopholes for the top 1%.
Both sides wanted to cut. The compromise was going to be medicar/ss for tax loopholes.
Except the tea party is crazy.
I love how everyone also forgets about the 4trillion plan last week, which was cutting Medicare and social security, as if those are not things Obama was willing to put on the table to make a deal. Except the tea party does not want a deal. From what I can tell, they do not think a default is a major issue. I think one of em even said we should lower the debt ceiling and instantly default. Amazing idea!