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Monday, July 18, 2011

postheadericon McConnell plan a red herring

The Hill reporters Erik Wasson and Alex Bolton each had a unique perspective on the debt talks coming out of the weekend with regard to Senate Minority Leader Mitch McConnell’s (R-Ky.) “plan B.” This, of course, is the fallback plan that would give President Obama the power to raise the debt ceiling on his own, with a few caveats and demands along the way.

The more I study this, the more I agree with those Wasson interviewed regarding the outcome. Nothing good, neither politically nor policy-wise, can come of this effort.

Yes, the plan would raise the debt ceiling, but at what cost?

First of all, I fear McConnell’s motivations for granting this authority to the White House are less than noble. If pressed, I think McConnell himself would agree he’s trying to score political points on this and help his Republican counterparts in the House.

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