by canopic

These two positions seem irreconcilable.

President Obama:

“I do not see a path to a deal if they don’t budge [on taxes], period,” Obama said.

Eric Cantor (R-VA):

“If the Democrats continue to insist on tax increases, there is no viable path forward,” Cantor warned, according to sources.

But read carefully what Mitch McConnell (R-KY) just said a few hours ago:

Republicans will choose a path that actually reflects the will of the people which is to do the responsible thing and ensure that the government does not default on its obligations,” McConnell said.

McConnell and the GOP will not enrage their Fortune 100 masters by forcing a default, and they know they’d take the lion’s share of the political blame from the voters if such a thing happened. They also won’t agree to increase taxes on rich people, because that’s all they care about.

So, the only move for them is to raise the debt ceiling in a clean bill and move on.

Thus endeth the kabuki.

Blue Texan

Blue Texan

72 Comments