Finally a good strategy. Instead of demanding dollar for dollar budget cuts/increase in debt ceiling, the GOP is taking a short-term approach with a clear offer that can’t be refused without the Democrats looking bad. They offering to extend the debt ceiling to April 15th (the deadline for houses of congress to pass budge) but they WILL NOT consider a debt ceiling increase until the Senate passes a budget (despite the Law the Senate has passed a budget for four years).
I just received this press release from Paul Ryan’s office:
Earlier today, House Republicans announced a path forward on the nation’s near-term budget challenges. The 1974 Congressional Budget Act requires passage of a budget resolution by April 15 each year. Under Senator Harry Reid’s leadership, the Senate has refused to pass a budget for 1,360 days. As the Administration and Congress work through opportunities to cut government spending, there will be no consideration of a long-term debt-ceiling increase unless both the House and the Senate pass a long-term budget plan. The plan also includes a bipartisan proposal to withhold Senators’ salaries if they fail to pass a budget.