I’m only able to follow today’s debt ceiling posturing and bickering on an infrequent basis. Looks like Repulicans are looking for a single or double, something along the lines of modest spending cuts with no tax increase, with the 2012 presidential election to be the home run derby.
Will that be victory? It does change the narrative for the 2012 campaign from do we cut to how much we cut.
Considering that a true restructuring simply isn’t possible with Obama in the White House and Harry Reid in charge of the Senate, isn’t that victory under the circumstances?