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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWatch This for 22 Seconds and You'll See Why Obama Can't Give an Inch
Watch This for 22 Seconds and You'll See Why Obama Can't Give an InchBY JONATHAN COHN @citizencohn
The key exchange takes all of 22 seconds, starting at about 12:25 in the video above. It goes like this:
BOEHNER: Every president in modern history has negotiated over a debt limit. Debt limits have been used to force big policy changes in Washington. And guess what, George? They're going to be used again.
Boehner is wrong on the history. Congress has increased the debt limit in the course of passing other legislationthe Center on Budget and Policy Priorities has a nice review of recent legislationand sometimes one or the other party made a big fuss about it. But, as Thomas Mann and Norman Ornstein explain in their acclaimed book, Its Even Worse Than It Looks, until recently officials in neither party seriously threatened to let the government default on expenses it had already incurred:
Eventually, the authors note, leaders from the two parties started invoking what became known as the Gephardt rule (named for Richard Gephardt, former Democratic leader in the House). Under the Gephardt rule, the debt limit went up just as soon as the budget resolution passed. But Republicans repealed the Gephardt rule in 2011, right after taking power. A few months later, they were threatening to allow default if Obama didnt meet their demands.
http://www.newrepublic.com/article/115033/boehner-abc-still-demanding-debt-ceiling-negotiations?utm_source=internal&utm_medium=margin&utm_campaign=mostpopular
Faryn Balyncd
(5,125 posts)ffr
(22,671 posts)TomCADem
(17,390 posts)...and its anyone's guess what the hard right will demand. At a certain point, you have to choose between default or democracy and that point is now unless we want to accept the Republican agenda now in order to buy just a few weeks of peace.
2naSalit
(86,775 posts)robinlynne
(15,481 posts)Vanje
(9,766 posts)doc03
(35,364 posts)any credit for the capture of that terrorist. He gave all the credit to the military and intelligence but couldn't say the president.
Triana
(22,666 posts)...no one will notice or remember.
Cha
(297,650 posts)JDPriestly
(57,936 posts)now that the Baby Boomers who paid into the system for years and years and funded the government with their first dollars earned are retiring.
That's what this is all about. Wow!
That's what the Republicans are really doing.
Raise taxes on the 1%. Raise taxes on imports. Raise taxes on very large inheritances.
But leave Social Security and Medicare alone.
My Medicare deductibles for 2014 have skyrocketed already.
The baby boomers are not a wealthy generation to begin with. The 1% took all the gain from our work.
Wow! The truth comes out.
Boehner wants to cut the rug out from under the Baby Boomers.
How underhanded can you get.
blue14u
(575 posts)go out and hurt their constituents who have supported them
all these years is breathtaking.... What must their supporters
really be thinking of them now? Its mind boggling to say the least!
This is shameful, and a real low blow to the very people who counted
on them when they finally get to retire after paying in all their lives....
Makes me sick to my stomach!!!
Contrary1
(12,629 posts)or would that be still drunk?
tofuandbeer
(1,314 posts)snot
(10,538 posts)And I mean that in the most uncategorical way possible.
Laelth
(32,017 posts)-Laelth
IronLionZion
(45,528 posts)StrictlyRockers
(3,855 posts)Do what I say or I will drown our government in a bathtub! And he says, out loud in no uncertain terms, that they will do this again and again if this works.
Spitfire of ATJ
(32,723 posts)There's one guy that claims his premiums tripled after the Supreme Court decision.