Mon Jan 14, 2013, 09:24 AM
DonViejo (11,893 posts)
Obama Puts Republicans In A Bind On Entitlements
SAHIL KAPUR JANUARY 14, 2013, 5:55 AM
The White House’s weekend ultimatum that Congress either lift the debt ceiling cleanly or take responsibility for default puts Republicans in a bind over their goal of reforming entitlement programs.
In ruling out all executive options, such as minting a high-value platinum coin, the White House put the onus on congressional Republicans to agree to raise the nation’s borrowing limit — without spending cuts or strings attached — or permit the first ever credit default. President Obama has steadfastly rebuffed their calls to cut social spending in exchange for raising the debt ceiling, and Democratic leaders support his position.
“There are only two options to deal with the debt limit: Congress can pay its bills or it can fail to act and put the nation into default,” said Obama’s spokesman Jay Carney. “The President and the American people won’t tolerate Congressional Republicans holding the American economy hostage again simply so they can force disastrous cuts to Medicare and other programs the middle class depend on while protecting the wealthy.”
That leaves Republicans in a difficult position vis-à-vis their promise not to raise the debt ceiling without improving the long-run solvency of programs like Social Security and Medicare.
9 replies, 1281 views
Obama Puts Republicans In A Bind On Entitlements (Original post)
|Proud Liberal Dem||Jan 2013||#1|
Response to forestpath (Reply #2)
Mon Jan 14, 2013, 10:53 AM
RomneyLies (3,333 posts)
3. Because they are now in a Catch-22
Obama is on the record, either you raise the debt ceiling or you don't, your choice.
If they put the entitlement cuts into a bill, it's unpopular with most of the country and still gets shut down in the Senate where the cutes will be removed and a clean deb ceiling bill is returned to the House.
If they don't put entitlement cuts in and still increase the debt ceiling, the tea bagging base will come unglued, especially coming on the heels of the fiscal cliff deal they went along with.
Either way they lose.
By putting the Chained CPI into a deal Obama knew there was no way in hell the GOP would accept last year, he went way further than he should have. He showed a willingness to compromise big and the Republicans threw it back in his face. Now that the tax cuts are taken care of, he can afford to be unwavering and the Republicans look like the bad guys no matter what they do.
He's boxed them in and any way they turn, they lose. They lose the worst if they play to the teabagging base and they damned well know it because any economic downturn due to their intransigence will put the blame squarely at their feet and their teabagging base will still hate them.
Response to RomneyLies (Reply #3)
Mon Jan 14, 2013, 06:57 PM
forestpath (3,102 posts)
6. Except Obama is also on record as wanting to cut SS while not negotiating.
Obama says he won’t negotiate over the debt limit but would prefer to replace the deep spending cuts, known as sequestration, with a package of tax hikes and reforms to entitlement programs.
"Reforms" = cuts. There is no way around it. No matter who "wins," SS loses.
Response to forestpath (Reply #6)
Mon Jan 14, 2013, 06:59 PM
RomneyLies (3,333 posts)
7. He accepted those cuts as a "I'll concede far more than you" deal BEFORE the fiscal cliff deal
and which was thrown back in his face by Republicans.
Response to DonViejo (Original post)
Mon Jan 14, 2013, 07:21 PM
Cha (157,360 posts)
9. What will happen to the enemies of State..
holding our country hostage while they threaten to blow our economic system apart so they can screw those depending on their SS, Medicare, Veteran payments, ect, ect ect?
I hope those who voted for all those teabaggers like ryan, cantor, bachmann are not dependinig on any of those checks? They would feel real stupid right about now..wouldn't they?