The Democrats seem oddly confident that they will succeed in killing off the debt ceiling. Obama doesn’t seem like he even wants to discuss the debt ceiling:
“I will not play that game,” Obama told the Business Roundtable, an organization of CEOs. “Because we’ve got to break that habit before it starts.”
The Republicans will never give up their new toy. If they can’t blackmail the administration, the Tea Party will have no more reason to exist. But listen to Chuck Schumer:
A group of Democratic senators predicted Wednesday that Republicans won’t push the debt ceiling issue during ongoing fiscal cliff negotiations.
“I think they learned their lesson with the debt ceiling,” said Sen. Chuck Schumer. “I don’t think it’s leverage at all. Any talk that that is leverage for them, I think, is false.”
I’m tempted to ask what Chuck has been smoking.
