McConnell Draws Battle Lines

President Obama said that he won’t negotiate on the debt ceiling and that he will be looking for more tax increases (through tax reform).  Senate Minority Leader Mitch McConnell has a new op-ed telling the Prez to fuhgeddaboudit and that the fiscal cliff deal “was the last word on taxes.”

McConnell says the debt ceiling won’t get raised without negotiations on spending cuts:

“Now the conversation turns to cutting spending on the government programs that are the real source of the nation’s fiscal imbalance. And the upcoming debate on the debt limit is the perfect time to have that discussion.

“We simply cannot increase the nation’s borrowing limit without committing to long overdue reforms to spending programs that are the very cause of our debt.”

So now we have more of a chasm than a cliff.  Let’s see Biden solve this one.

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