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cali

(114,904 posts)
Wed Oct 9, 2013, 05:50 AM Oct 2013

Democratic cracks open in debt-limit fight

<snip>

Just as top Senate Democrats began to lay the groundwork to raise the U.S. government’s borrowing limit through 2014, senior White House officials refused to rule out a short-term increase. The divergent messages caused major heartburn for top Senate Democrats and gave Republicans fresh hope that they could defeat a yearlong debt ceiling hike and win concessions from President Barack Obama in this fall’s fiscal battles.

By late Monday afternoon, nervous Senate Democrats had reached out to the White House to ensure they were on the same page — and the concerns on Capitol Hill seemed to be alleviated after senior administration officials downplayed the idea of a short-term increase.

But the incident underscored the fear among the congressional Democratic leadership that President Barack Obama may eventually back away from the no-negotiation stance he and Senate Majority Leader Harry Reid (D-Nev.) have voiced for weeks in order to avoid a first-ever default. And it raised questions about Senate Democrats’ next step in the debt ceiling debate if Republicans successfully filibuster a bill to increase the $16.7 trillion national debt ceiling.

Democrats began to raise concerns privately that the White House appeared to be softening its iron-clad position.

“This is very disconcerting to us,” a senior Senate Democratic leadership aide said on condition of anonymity, referring to comments by the president’s top economic adviser, Gene Sperling, at POLITICO’S Playbook Breakfast on Monday. “All along, the president and White House have been firm on what they want, both in a [government funding bill] and debt ceiling. So we’re concerned about this.”


Read more: http://www.politico.com/story/2013/10/democrats-debt-limit-fight-97955.html#ixzz2hDVbtXtm





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Democratic cracks open in debt-limit fight (Original Post) cali Oct 2013 OP
Start by having multinationals pay for the protection postulater Oct 2013 #1
Specifically Saudi Arabia . orpupilofnature57 Oct 2013 #2
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