Tea-GOP on Debt Limit: It’s Okay to Drive Off Cliff If Bond Holders Jump Out First

By: Friday May 27, 2011 7:45 am

The Tea-GOP has become so looney on the debt limit issue that their relying on paid hacks to tell us there’s no problem from refusing to raise the debt limit. Their latest theory: “It’s okay to drive the car off a cliff, because we can always let the bond holders jump out first.”


Obama Likely Could Have Gotten Stand-Alone Payroll Tax Holiday

By: Wednesday December 8, 2010 7:20 pm

President Obama, in an attempt to sell the deal he cut on extending the Bush tax cuts, keeps holding up the one-year payroll tax holiday as his big win. Defenders of the deal, such as Ezra Klein, act like without this deal, there would be no way Obama could have gotten this payroll tax holiday. I think this is an inherent misunderstanding of the Republican position. Since well before this deal, I thought a payroll tax holiday was going to be one of the few big bipartisan things Obama and John Boehner would agree to. I have zero reason to believe Obama couldn’t have gotten the payroll holiday later as a stand-alone bill, completely separate major concessions to the GOP.

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