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Debt-Limit Harakiri

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The Wall Street Journal in this editorial says President Obama is negotiating deficit reductions with Republicans to gain an advantage in the 2012 presidential elections. Its view is that President Obama is offering Republicans a Hobson's choice: if they agree to raise taxes they would be giving up on a campaign pledge, and if the government shuts down and seniors do not get retirement checks in August letting the Republicans take the blame. For this reason it supports Senate Minority leader Mitch McConnell's proposal to give the President the authority to make the debt limit increase, and for Republicans to withdraw from talks on the deficit reductions that involve tax increases.

Mitch McConnell's strategy in his debt ceiling initiative in mid 2011

07/13/2011

McConnell's twin goals of regaining Republican control of the Senate and preventing the re-election of Obama. How the debt ceiling plan he has offered fits in with this. His fears that a default on the U.S. debt could hurt Republicans as it did the last time this happened, when Clinton was re-elected. His plan would separate raising the debt ceiling limit from deficit reduction talks.

Grouped Articles

Debt-Limit Harakiri

Wall Street Journal 07/13/2011

Budget Shell Games Are Contrary to Law

Wall Street Journal 07/14/2011

GOP Hopefuls Betting Voters Want Deep Cuts

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Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post

Washington Post 09/07/2013

McConnell Changes the Terms

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The Republican Case for Compromise Over the Debt Ceiling

New York Times 07/13/2011

The phone call leading to the McConnell-Biden U.S. fiscal cliff deal of Jan. 1, 2013

10/25/2010

A phone call from Senator Biden begins the negotiations stalled first between Boehner and Obama, and then stalled between McConnell and Reid. Reid advised Obama to hold out for a better deal. Biden went on the Senate floor to ask if there was someone on the other side willing to dance. At that point Biden consulted Obama and the two decided it was worth a shot. Cantor and 151 Republicans opposed the deal with no spending cuts and McConnell trading higher estate taxes for extending unemployment benefits and postponing cuts. Boehner supported it and the deal passed the House.

Grouped Articles

Debt-Limit Harakiri

Wall Street Journal 07/13/2011

Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post

Washington Post 09/07/2013

Boehner Urges G.O.P. Unity in ‘Epic Battle’

New York Times 10/04/2013

Congress Passes Debt, Budget Deal

Wall Street Journal 10/17/2013

Robert J. Samuelson - The dysfunction of American politics

Washington Post 10/25/2010

How Deal Was Made, Unmade, Then Saved

Wall Street Journal 01/03/2013

An account of how the debt ceiling showdown happened- 2011-2013

10/25/2010

The events leading to the debt ceiling showdown between Obama and Cantor, how and why it happened.

Grouped Articles

Debt-Limit Harakiri

Wall Street Journal 07/13/2011

Obama, GOP Open Talks Over Temporary Debt Fix

Wall Street Journal 10/11/2013

Poll Finds GOP Blamed More for Shutdown

Wall Street Journal 10/11/2013

A Debt-Ceiling Breakout

Wall Street Journal 10/10/2013

Jim DeMint: We Won't Back Down on ObamaCare

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Lessons From a Crisis

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Senate Democrats and the Obama White House proposals for large tax increases in the 2011 deficit reduction talks

07/13/2011

The politics of the debt ceiling talks and how it involves both Republicans and Democrats.

Grouped Articles

Debt-Limit Harakiri

Wall Street Journal 07/13/2011

Why we need a third party - The Washington Post

Washington Post 09/26/2011

Budget Discord Simmers Among Democrats

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The No-New-Taxes Democrats

Wall Street Journal 07/15/2011

Post-ABC poll: GOP too dug in on debt talks; public fears default consequences - The Washington Post

Washington Post 07/20/2011

Threat of Mutiny in Both Parties Helped Scuttle Talks

Wall Street Journal 07/23/2011

Post-ABC Poll on the Debt Ceiling and Deficit Reduction talks of June-July 2011

07/13/2011

The poll sees public discontent with the lack of compromise from Republicans and Democrats. About 63% of respondents say they would be looking for new faces in Congress. A majority of Republican respondents say they favor higher taxes on the wealthiest Americans.

Grouped Articles

Debt-Limit Harakiri

Wall Street Journal 07/13/2011

Post-ABC poll: GOP too dug in on debt talks; public fears default consequences - The Washington Post

Washington Post 07/20/2011

Threat of Mutiny in Both Parties Helped Scuttle Talks

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Working With New Script to Stop a Train Wreck

New York Times 07/24/2011

Q. and A. on the U.S. Debt Ceiling

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The Centrist Cop-Out

New York Times 07/28/2011

Eric Cantor, Republican leader in the U.S. House of Representatives

02/15/2009

Eric Cantor is a key figure in the negotiations over the budget, deficit reduction, and raising the budget ceiling. Cantor firmly opposes any tax increases for deficit reduction.

Grouped Articles

GOP Hopefuls Betting Voters Want Deep Cuts

Wall Street Journal 07/18/2011

GOP 'Young Guns' attack Obama and former party leaders in new book

Washington Post 09/03/2010

In Gingrich Mold, a New Voice for Solid Resistance in G.O.P.

New York Times 02/15/2009

Eric Cantor Defeated by David Brat, Tea Party Challenger, in Primary Upset

New York Times 06/10/2014

Cantor emerges as key player in debt negotiations - The Washington Post

Washington Post 07/12/2011

Mr. Obama’s debt deal advice: Give peas a chance - The Washington Post

Washington Post 07/12/2011

Deficit discussions in the U.S. and revenue from taxes- 2011-2012

07/04/2011

Negotiations between the White House, Democrats and Republicans, to achieve major reductions and cuts in spending, and increase tax revenues by reducing tax expenditures. The discussions for an action plan on the U.S. budget deficit have reached an impasse with Republicans opposed to any tax increases.

Grouped Articles

Budget Shell Games Are Contrary to Law

Wall Street Journal 07/14/2011

GOP Hopefuls Betting Voters Want Deep Cuts

Wall Street Journal 07/18/2011

Why we need a third party - The Washington Post

Washington Post 09/26/2011

Deficit Talks Focus on Taxes

Wall Street Journal 07/05/2011

The Mother of All No-Brainers

New York Times 07/04/2011

What Obama Wants

New York Times 07/07/2011

Speaker John Boehner of the U.S. House of Representatives

07/12/2011

Grouped Articles

Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post

Washington Post 09/07/2013

Boehner Urges G.O.P. Unity in ‘Epic Battle’

New York Times 10/04/2013

In Rural Iowa, Spending, Not the Shutdown, Raises Worry

New York Times 10/04/2013

House Speaker John Boehner to resign: Live updates - The Washington Post

Washington Post 09/25/2015

Boehner gives up the speaker’s post in a sacrifice to rescue the House - The Washington Post

Washington Post 09/26/2015

In Ohio, John Boehner’s GOP Legacy Crumbles With the Rise of Donald Trump

Wall Street Journal 03/11/2016

The U.S. political system, politics and the U.S. Deficit in 2010-2013

12/30/2010

Republican positions that do not require offsets for tax reduction, and Democratic positions that go along with the status quo. The politics behind the debt ceiling talks as President Obama seeks re-election and advantage going into the election, and the conservative Republicans oppose any tax increases.

Grouped Articles

Budget Shell Games Are Contrary to Law

Wall Street Journal 07/14/2011

GOP Hopefuls Betting Voters Want Deep Cuts

Wall Street Journal 07/18/2011

Why we need a third party - The Washington Post

Washington Post 09/26/2011

Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post

Washington Post 09/07/2013

A Debt-Ceiling Breakout

Wall Street Journal 10/10/2013

Why Democrats Are Dug in on Shutdown Impasse

Wall Street Journal 10/14/2013


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