Monday, May 30, 2011

Greg Sargent: "Republicans have won the political war over the debt ceiling."

Greg Sargent:
What are Dems prepared to trade away? There’s no way around it: Republicans have won the political war over the debt ceiling. The House is set to vote today on a proposal for a debt ceiling hike without any spending cuts attached. It will be rejected — the GOP is unified against it, and even some Democrats will vote No. This is the “clean” vote Dems originally sought, but it’s now clear that Dems think it’s politically impossible not to accede to the GOP demand for deep cuts in exchange for raising the debt ceiling. MORE...

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