August 28, 2013


Will Obama Botch the Debt Ceiling Fight?

Noam Scheiber: "The administration itself appears to be confused on this question. While the White House insists it won't negotiate over raising the debt ceiling, negotiation appears to be precisely what it's up to. Politico reports that White House officials are meeting with Republican senators on Thursday to explore a deal that would simultaneously fund the government past the September 30th end of the fiscal year, replace the sequester with a more sane combination of spending cuts and revenue, and raise the debt ceiling before it crushes us in mid-to-late October."

"This, to employ a clinical term, is nuts. Whether or not the White House maintains its no-debt-ceiling negotiation stance within these talks, the whole construct throws the GOP a lifeline where none would otherwise exist."










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