Eric Cantor says that the fault of default will all be Harry Reid's if the Senate doesn't immediately pass a House deficit-cutting bill.
Not so fast, there, Cochise. You, John Boehner and the rest of the House GOP still can't get your own bill passed on your side of the Capitol.
You unleashed the wingnut/tea partiers like Michele Bachmann. Now you have to live with her intransigence.
Meanwhile, as tea partiers continue to oppose Boehner's bill, it looks like the Speaker does know one thing: paybacks will be hell. Ohio wingnut Jim Jordan reportedly will be redistricted out of his district, with Boehner's blessing.
That said, other than punting further decisions past the 2012 elections, it is true that there's not a huge amount of difference between Boehner's plan and Reid's. That shows just how much politics is involved, namely the politics of wanting to repoliticize the debt issue next year.
But, the ultimate blame for that is Preznit Kumbaya's. He hasn't explained how much the recession has cut tax collections. At the same time, he's made Bush's wars his own and expanded them.
For Republicans who accuse him of playing politics with this, to the degree he is, he's playing at Double-A ball level at best. Of course, that's because he's addicted to compromise.
I think Obama actually believes people are that rational. I guess teaching at University of Chicago had too many Chicago School economists rub off on him.
At the same time ... NOT kicking the debt ceiling down the road past November 2012 could put Mitt Romney on the spot. (Or whomever gets the GOP nod.) That said, Obama might muff that, too.
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