i thought cutting was the goal?

[Danzig]

Originally Posted by joeydb

OK, that sounds reasonable. And nobody actually WANTS a default, but then the president and the Democrats do need to allow serious cuts in spending. If you can cut the spending enough to actually start paying the (net) debt back, then raising the debt limit in the interim by a small amount seems like a good idea.

Both sides are playing chicken. "No cuts in 'benefits' for entitlements" and "Not raising the debt limit no matter what" are irreconcilable positions.

the reps have already said more than once that they won't let us default-that the ceiling will be raised. they're just trying to force some cuts at the same time, which isn't a bad thing. but they won't force too much, as they don't want to do anything that they can't pick on obama about later. they'll only get a certain amount cut, and then the party will say they wanted more, but obama is a tax and spender...but vote for our guy, and we'd have cut this much.

MSM wants Cantor to take the fall for this one. I'm hoping the Orange takes the fall.