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View Diary: Cutting off negotiations (12 comments)

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  •  The trillion-dollar coin should come before crisis (2+ / 0-)
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    claude, semiot

    The president can take the debt ceiling hostage out of Republican hands by using the power of coinage given to the Treasury to mint as many trillion-dollar coins as he needs to, until Republicans figure out they don't have that hostage anymore.  Then he should insist on abolishing the debt ceiling, by having Congress declare that spending bills give consent to borrowing funds to cover the spending.

    I think Obama ought to engage in tit-for-tat negotiations with Republicans after the tax cut bill is passed.  They want to increase defense spending above the sequester?  How will they pay for it with increased revenues?  If they don't want to pay for that spending, then Democrats insist on equal spending for unemployment benefits, infrastructure stimulus spending, and anything else Republicans want.  If the CBO won't certify that spending provides sufficient economic stimulus to pay for itself, revenues need to be raised in other ways.

    Land at the bottom of the fiscal cliff, then start horsetrading with Republicans about who gets what, and what they give up in return.  However it turns out, it'll likely be better than almost any other conceivable process.

    Citizens United defeated by citizens, united.

    by Dallasdoc on Thu Dec 06, 2012 at 04:30:36 PM PST

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    •  I am REALLY hoping for the trillion dollar coin! (1+ / 0-)
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      Part of the fun will be guessing who's face will be on it - maybe a weeping John Boehner?

      "Marco Rubio es un pañuelo Rosa!" - Montgomery Burns

      by Fordmandalay on Thu Dec 06, 2012 at 05:49:40 PM PST

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      •  Grover Norquist (0+ / 0-)

        or some other Muppet. Say Miss Piggy?!?!??!

        There are those that look at things the way they are, and ask why? I dream of things that never were, and ask why not? - Robert Kennedy

        by BobBlueMass on Thu Dec 06, 2012 at 06:39:47 PM PST

        [ Parent ]

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