Wednesday, May 29, 2013
Paul Ryan Admits That GOP Will Not Negotiate A Budget Deal Without The Leverage It Gets From Debt Ceiling
Paul Ryan admits that the GOP will not negotiate with the democrats on the budget until the fall. If they negotiate now they will not be able to get the agreement that they want, and the democrats can blame the failure on them. If they wait until the fall, when the debt ceiling must be raised in order to avoid a government default on its debt, they will be able to use the leverage from the risk of government default to get a better deal. This puts the democrats in a bad position. They must either give the GOP what it wants, or they will get blamed for letting the GOP kill the economy that it has taken as a hostage in the budget negotiations. This is American democracy at work in our modern age. The political party that has the majority in the Senate, and holds the presidency, is unable to govern.
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