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 McConnellMitch McConnellStudy: Trump tops recent GOP presidents in signing bills in first 100 days Senate passes stopgap funding bill to avert shutdown Let’s never talk about a government shutdown — ever again MORE’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.
But this fallback plan has no long-term intentions or goals. Like most initiatives coming out of both the House and Senate, it merely kicks the can down the road, all while “sending a message.” We don’t need any more of those types of negotiations.
I’m glad the likes of Sen. Marco RubioMarco RubioOvernight Defense: Commander calls North Korea crisis 'worst' he's seen | Trump signs VA order | Dems push Trump to fill national security posts What’s with Trump’s spelling mistakes? Boeing must be stopped from doing business with Iran MORE (R-Fla.) told The Hill’s Bolton, “The problem isn’t the debt ceiling, it’s the debt.” Truer words have never been spoken.
If the rank and file on both sides of the dome get this, how come the leadership does not?
Just look at Senate Majority Leader Harry ReidHarry ReidDraft House bill ignites new Yucca Mountain fight Week ahead: House to revive Yucca Mountain fight Warren builds her brand with 2020 down the road MORE (D-Nev.). He’s been going along with the McConnell fallback option. That alone should tell you something’s not right. It’s clear he’s willing to give the president an increase at all costs, which is another reason to oppose this effort.
The lesson heading into this week is still the same one from weeks prior — there is no “quick fix,” and it certainly won’t be easy.