Capitalizing on Collapse
By THOMAS B. EDSALL
NYT
A new political calculus is emerging on both sides of the aisle now that it looks as if the Joint Select Committee on Deficit Reduction may fail to reach an agreement by Wednesday’s deadline.
Democrats, who have taken a beating since the 2010 election, are legitimately worried that Republicans will use the collapse of budget talks to pursue their own grand strategy.
Publicly, Republicans say they are determined to do everything possible to help the so-called supercommittee achieve its goals. Kevin Smith, a spokesman for House Speaker John A. Boehner, said, “Boehner recognizes we are $15 trillion in debt, we need to deal with that right now, and he does not think we can wait until next election.”
In private, however, a number of Republicans acknowledge that alternatives to action by the supercommittee look highly attractive, if risky.
(More here.)
NYT
A new political calculus is emerging on both sides of the aisle now that it looks as if the Joint Select Committee on Deficit Reduction may fail to reach an agreement by Wednesday’s deadline.
Democrats, who have taken a beating since the 2010 election, are legitimately worried that Republicans will use the collapse of budget talks to pursue their own grand strategy.
Publicly, Republicans say they are determined to do everything possible to help the so-called supercommittee achieve its goals. Kevin Smith, a spokesman for House Speaker John A. Boehner, said, “Boehner recognizes we are $15 trillion in debt, we need to deal with that right now, and he does not think we can wait until next election.”
In private, however, a number of Republicans acknowledge that alternatives to action by the supercommittee look highly attractive, if risky.
(More here.)
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