From the cliff to the ceiling
The Cliff is Dead. Long Live the Cliff.
By ANDREW ROSENTHAL, NYT
Now that the Republicans in the House have stopped playing games with the economy and allowed passage of the fiscal-cliff compromise, we can all stop worrying about how firmly President Obama will stand on his principles and just how irresponsibly the Republican caucus will behave to appease its most right-wing members.
And once we’ve caught our breath we can start worrying about how firmly Mr. Obama will stand on his principles just how irresponsibly the Republican caucus will behave to appease its most right-wing members.
Because the next fight is already taking shape over taxing and spending.
Mr. Obama, having backed away from his campaign red line – he said he would preserve tax cuts only for middle incomes and below while making everyone else pay a bigger share – has now drawn two more red lines.
The first is that Congress has to match spending cuts with revenue increases. The second is that he will not take part in another manufactured crisis over the debt ceiling. “While I will negotiate over many things,” Mr. Obama said, “I will not have another debate with this Congress over whether or not they should pay the bills they’ve already racked up through the laws they have passed.”
(More here.)
By ANDREW ROSENTHAL, NYT
Now that the Republicans in the House have stopped playing games with the economy and allowed passage of the fiscal-cliff compromise, we can all stop worrying about how firmly President Obama will stand on his principles and just how irresponsibly the Republican caucus will behave to appease its most right-wing members.
And once we’ve caught our breath we can start worrying about how firmly Mr. Obama will stand on his principles just how irresponsibly the Republican caucus will behave to appease its most right-wing members.
Because the next fight is already taking shape over taxing and spending.
Mr. Obama, having backed away from his campaign red line – he said he would preserve tax cuts only for middle incomes and below while making everyone else pay a bigger share – has now drawn two more red lines.
The first is that Congress has to match spending cuts with revenue increases. The second is that he will not take part in another manufactured crisis over the debt ceiling. “While I will negotiate over many things,” Mr. Obama said, “I will not have another debate with this Congress over whether or not they should pay the bills they’ve already racked up through the laws they have passed.”
(More here.)
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