that default is not an option. and reassure social security recipients and families of military veterans that default is not an option. strategic flip-flops do not get bigger than this in the senate. that s right, you just heard mitch mcconnell say that he is willing to give the president everything, everything that the president wants, but not yet exactly in the form that the president wants. the mcconnell plan for raising the debt ceiling would occur in three stages over the period of many months, including a final third vote next year, in the election year, which the president does not want. he wants to avoid votes on this thing in election year. congress could actually try it will fail but try to claim
folks on disability and their checks. there are about 70 million checks that go out each month. can you guarantee as president those checks will go out on august 3rd? i cannot guarantee those checks go out on august 3rd if we haven t revolved the issue. speaker boehnor and senator mcconnell will no doubt at some point be desperately trying to convince republican members of congress that it will be great for their campaigns, great for the republican presidential campaign if president obama gets to raise the debt ceiling without doing any spending cuts at all. that the republicans will have tricked the president into the political suicide of not doing any medicare cuts, not cutting social security. but not doing any spending cuts was president obama s original position. on the debate stage in his reelection campaign, the president can say, i was in
congress that it will be great for their campaigns, great for the republican presidential campaign if president obama gets to raise the debt ceiling without doing any spending cuts at all. that the republicans will have tricked the president into the political suicide of not doing any medicare cuts, not cutting social security. but not doing any spending cuts was president obama s original position. on the debate stage in his reelection campaign, the president can say, i was in favor of doing the big deal, i was in favor of the $4 trillion in deficit reduction, but the republicans refused because they wanted to protect tax breaks for corporate jets and tax breaks for hedge fund operators and wall street billionaires and i bent over backwards. he says that all the time, i bent over backwards, but they wouldn t do it. they kept insisting on ending medicare as we know it and cutting social security. there is so much more to come in the debt ceiling drama, but as
president those checks will go out on august 3rd? i cannot guarantee those checks go out on august 3rd if we haven t revolved the issue. speaker boehnor and senator mcconnell will no doubt at some point be desperately trying to convince republican members of congress that it will be great for their campaigns, great for the republican presidential campaign if president obama gets to raise the debt ceiling without doing any spending cuts at all. that the republicans will have tricked the president into the political suicide of not doing any medicare cuts, not cutting social security. but not doing any spending cuts was president obama s original position. on the debate stage in his reelection campaign, the president can say, i was in favor of doing the big deal, i was in favor of the $4 trillion in deficit reduction, but the republicans refused because they
resolution disapproving first, a $700 billion increase in the debt ceiling, and then two other $900 billion increases in the debt ceiling. mcconnell expects that a majority in congress would cast that easy vote to disapprove those resolutions calling for raises in the debt ceiling. he then suggests that the president would, of course, simply veto congress s disapproval of increasing the debt ceiling. and by vetoing congress s disapproval, there would be an increase in the debt ceiling. now, there isn t a tea partier out there who isn t smart enough to see that mcconnell s plan for voting to disapprove of the debt ceiling is actually congress s way of enabling the president to raise the debt ceiling. the mcconnell plan would also attach to the resolution the requirement that the president