House GOP wants to raise the debt ceiling…for 42 days
House Republicans, looking for a way out of a budget standoff they began, will offer to President Obama at a White House meeting Thursday a plan to increase the debt limit through Nov. 22, in exchange for a promise to negotiate a deal for long-term deficit reduction and a tax overhaul.
Speaker John A. Boehner, flanked by other Republican members of the House, discussed a short term debt-ceiling proposal on Thursday at the Capitol in Washington.
The debt ceiling increase could come to a vote as soon as Friday, but House Republicans did not intend to reopen the government, hoping that the shuttering of federal programs would keep the pressure on Democrats to compromise.
“What we want to do is offer the president today the ability to move,” Speaker John A. Boehner said. The offer, he said, would be “a temporary increase in the debt ceiling, an agreement to go to conference on the budget, for his willingness to sit down and talk with us a way forward to open the government.”
It’s same nonsense over and over. Short term stop gap bills that just kick the can down the road.
The GOP apparently STILL BELIEVE Obama will negotiate with them. It’s stupidity taken to the next level.
What would Obama gain by agreeing to this boneheaded proposal? Absolutely nothing because we’d be right back here on Nov. 23.
This is not a serious proposal. It’s a slap in the face and a sleazy way to try and score political points so they can pin this shutdown back on Obama (“We offered a way out and he didn’t take it!”).
This is beyond the novelty factor folks. The House GOP have dug their feet in and are seemingly very willing to send this country (and a good handful of others) off a financial cliff in less than two weeks.
This is absolute insanity. There’s no other way to describe it.