NEWS BLOG (WSAU)
I think President Obama has talked himself into a corner… just like he
did when he talked about red lines and chemical weapons in
The President said not raising the debt ceiling “…would be unprecedented and has the potential to be catastrophic”. That is overheated, although we would certainly enter uncharted economic waters. But by claiming a disaster is looming, it makes the President’s position of refusing to negotiate impossible to defend. The President says we are facing a catastrophe on in about two weeks. Delaying Obamacare for a year is not a catastrophe. So how could a bill that includes both be vetoed? That’s the legislation the house should pass: a debt ceiling increase and a delay on the individual mandate. The President would not be able to veto it.
But, like with so many political issues these days, it’s unclear if Republicans can make the argument and get their message out.
President Obama threatened that if we default, social security checks would not go out on time. That’s not true – they would. We’d pay our senior citizens before we pay our foreign creditors. But it is the Obama Administration that prioritizes the nation’s bills. They might tinker with social security to use check-recipients as pawns. Again, would the GOP be able to clearing explain that there is enough money for social security, and that the White House is choosing to use those limited dollars for something else?