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Chanting a ruinous mantra

July 23, 2011
dsp By Dr. David Turner , The Inter-Mountain

For Republicans, the vote on whether or not to raise the debt ceiling appears critical not only for the upcoming elections but party unity as well. Kentucky Sen. Mitch McConnell concocted a scheme which may give President Barack Obama a political victory while placing Congressional Democrats in a bit of a bind. Under McConnell's plan three votes in stages would avert a crisis. But vulnerable Democrats in the South and Midwest would be called on to raise the debt even if cuts are not included, making them appear "soft" on the deficit. However the problem for McConnell is that Republicans in the House would be forced to backtrack on their principles.

 
 

 

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