Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Monday, July 04, 2011

Cornyn: Short-Term Debt Deal Is Possible

National Republican Senatorial Committee Chairman John Cornyn was open Sunday to a short-term deal to raise the debt ceiling and reduce the deficit, while saying it wouldn’t be the ideal way to break the impasse on the issues.

“The problem with a mini-deal is we have a maxi-problem,” the Texas Republican said on “Fox News Sunday.” “And the big problems aren’t going to go away if you cut a mini-deal. All it does is delay the moment of truth, so I’d think better now than then [to come to a long-term agreement], but if we can’t, then we’ll take the savings we can get now and we will relitigate this as we get closer to the election.”

House Majority Leader Eric Cantor (R-Va.) dismissed the possibility of a short-term deal on June 21, only to withdraw from negotiations led by Vice President Joseph Biden two days later. Senate Minority Whip Jon Kyl (R-Ariz.) also withdrew, leaving no Republicans at the table and pushing the negotiations up the ladder to President Barack Obama, Senate Majority Leader Harry Reid (D-Nev.) and Speaker John Boehner (R-Ohio). But Senate Minority Leader Mitch McConnell (R-Ky.) told CBS’ “Face the Nation” on June 19 that he would be open to moving “a very short-term” bill if it would provide enough time for negotiators to complete a long-term deal.

READ MORE …

2 comments:

Anonymous said...

As predictable as tomorrow's sunrise, the politicians of both parties, after getting off the soap box, clink their glasses and wink as they promise that after we give them more money they will be able to cut their budgets.
Look out, America, you are being sold down the river...

Anonymous said...

The Dumbocrats are desperate to get a short term deal so they can kick the can down the road again and continue funding their bloated government with borrowed money.
There should be no deal! NO MORE BORROWING TO FUND THE GOVERNMENT.
STARVE THE BEAST!