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Wednesday, January 2, 2013

Why Obama will be negotiating over the debt limit despite his claim to the contrary

It’s true that the president forcefully reiterated his refusal to negotiate over the debt limit in his statement after the House vote last night. And if raising the debt limit were the only deadline looming in March, that might count for something, since it’s harder to squeeze a guy for concessions if he won’t even take your calls. But, as a practical matter, this is just a semantic game. The White House will be negotiating hard over the next two months even if it says it’s not negotiating over the debt limit, since the bill that funds the government for this year expires in March, as does the two-month delay in the automatic spending cuts that Congress just approved. What difference does it make why you say you’re negotiating if in the end you’re still negotiating?
The House Comes Around on the Cliff. Why Am I Not Reassured?