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Monday, July 11, 2011

postheadericon Default OK with Obama

President Obama’s statement that he would not sign a short-term debt extension should be a signal to everyone that he is willing to accept default as an option.

Ultimately, Obama only gets to decide whether he will sign a law or not. It is up to the House and Senate to pass legislation to give him that option.

The fact that Obama is now saying that default is a better option than a short-term deal exposes the false choices and phony deadlines being foisted upon House Republicans by the administration and its media allies.

House Speaker John Boehner (R-Ohio) needs to put an end to this charade by passing legislation that raises the debt ceiling with the maximum amount of spending cuts that the House will accept.

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