instead of the reality that Willard increased the DEBT of the Commonwealth, slashed programs that were cost-effective, left infrastructure collapsed and crumbling, failed to fund post-retirement benefits and much else....
That's the Republican Fiscal Plan!
Republicans LOST an election and refuse to accept the reality....they will loose the next one as well because the Republican Extremists are out-of-touch.
Pity!
Here's what Republicans say they want in exchange for not causing a debt crisis
House Republicans plan to demand major perks for coal companies and Wall Street banks, alongside healthcare and social service cuts and a one-year delay in the implementation of Obamacare, in exchange for raising the debt ceiling until the end of 2014, according to a source close to the House GOP leadership.That last point might not be so bad if their definition of "jobs bill" didn't begin and end with repealing Obamacare along with every other regulation that the Chamber of Commerce doesn't like, but that's pretty much all they've got to offer. If there's any bit of good news here, it's that apparently an effort to include a provision banning abortions was rebuffed—at least for now.
The real question here is whether Republicans are serious about any of this. If they are, then President Obama is going to need to start getting that trillion dollar coin (or something like it) ready, because their is no way this list of demands is going anywhere. As Jonathan Chait puts it:
It’s Mitt Romney’s 2012 economic plan. Almost word for word, in fact. True, Romney proposed to repeal Obamacare, while the House Republicans propose to delay it for a year. But the gambit there — extend the debt ceiling for a year while delaying Obamacare a year, so that the next debt ceiling hike lines up with another Obamacare delay — makes the two tactics essentially the same. The rest of the list is Romney’s agenda on taxes, regulation of the environment, finance and other business, Medicare, tort reform. That’s their opening demand: implement Romney’s economic plan or melt down the economy.Whether or not there actually is a chance that President Obama will blink, if House Republicans believe that there is, then they will probably spend as much time as possible making themselves appear as crazy as possible, in the hopes that they can scare the president into submission. In the end, the fact that there are nearly as many Democrats in the House as Republicans should be enough to avoid a true economic cataclysm—even if 90 percent of Republicans refused to cross the aisle, 10 percent of them voting with Democrats would be enough to avert default.
But if it comes to that, that sort of a scenario won't play out until the final hour. And until then, Republicans will be committed to doing everything possible to maintain the perception of maximum insanity—which they can mostly do just by being themselves.
Congress must stop playing politics with the debt ceiling. Please sign our petition rejecting Republican economic terrorism. Our country has no time for such petty politics.
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