• It’s not going to get easier, it’s going to get harder. So, we might as well do it now. Pull off the band-aid. Eat our peas. Now is the time to do it. If not now, when? … I’m prepared to do it. I’m prepared to take on significant heat from my party to get something done. And I expect the other side should be willing to do the same thing, if they mean what they say that this is important.
• President Obama • Speaking on the debt limit negotiations. The postures from both sides should seem pretty familiar, as it’s nothing that new for the Democratic/Republican dynamic under the Obama administration. Namely, rigid ideology from the GOP has forced a combination of increasingly desperate overtures and condemnations from the White House. That a compromise needs to be reached isn’t in question — despite talk about invoking the 14th Amendment to raise the limit himself, that strikes us as the sort of thing he’d avoid doing at all costs. Rather, his inclination is towards bipartisanship, which is a noble enough endeavor. Frankly, though, the GOP’s negotiating in this matter has been in starkly bad faith, for just the reason the President details; he’s been willing to offer up cherished Democratic programs to be cut. The GOP, on the other hand, has made it clear they won’t consider any tax revenue increases. Why can’t you Democrats just embrace Republican orthodoxy? That’s a compromise, right? We hope this gets done soon, and fairly. source

Posted by Chris Tognotti • Permalink