Things are moving too fast for me to keep up. I think it is correct to say that it’s time for Mitch McConnell to step up and save the day. The only way I can see for him to do that is to negotiate with a small rump of House Republicans who share his complete aversion to a default. And he’s also going to have to work with Reid and Pelosi to find something that their caucuses can almost unanimously support. A Republican-majority bill is no longer a possibility, if it ever was. Unfortunately, McConnell is saying that Senate Democrats, not House Republicans, will be responsible if we default. That’s the opposite of what we need.
Harry Reid is going to try to move something today. The president is going to speak this morning. So, we’ll just have to see if there is a way out of this mess. From all appearances, Boehner is just going to make his bill more unacceptable to the president and the Senate Dems in order to try to blame-shift. No one is going to be fooled.
Let me know if you learn any news.