Ygleisas dares to dream about the “ideal negotiating framework” for the debt ceiling:
White House demands clean debt ceiling increase, House majority demands big spending cuts, Senate majority demands partial repeal of Bush tax cuts, and we all compromise on just doing the damn debt increase.
That would be nice. But it would also require non-feckless Democrats in the Senate. Which, so far as I can tell, do not exist.
But, since the plutocrats and banksters seem to realize they’ve got skin in this game, maybe we can just cut some insanely rich people’s taxes, raise the debt ceiling, start a fourth war (I’m thinking Spain is due), and call it a day.