Reid Gives Credit To Boehner For ‘Surrender’ On Debt Limit

While GOP House Speaker John Boehner was complaining that the newly inaugurated President Obama was set to “annihilate the Republican Party,” Senate Majority Leader was praising Boehner for passing a bill to raise the federal debt limit which “surrenders” the Republican extremism of the past. Unlike 2011 in which congressional Republicans turned an increase in the federal debt ceiling into a partisan battle over steep federal budget cuts, the House Wednesday approved a bill which decouples an increase in the debt ceiling from spending cuts. “This bill surrenders the hostage Republicans have taken in the past by decoupling the full faith and credit of the United States from cuts to Social Security and Medicare, or anything else. In substance, this … Continue reading