Again, raising the debt limit has been the most ordinary thing in the world until 2011, when the GOP realized they could use it for leverage against the Senate. Messing with the debt limit could have catastrophically bad effects down the road.
And when did the GOP become Gotham supervillains? Always taking hostages as if their arguments have no intrinsic merit whatsoever.
McConnell: I Won't Agree To Raise The Debt Limit Without Medicare Cuts | TPMDC
Senate Minority Leader Mitch McConnell (R-KY) says substantial Medicare cuts must be part of a spending and deficit cut package to get his support to raise the debt limit.
In a Capitol briefing with reporters Friday, McConnell declared affirmatively that unspecified Medicare cuts are on the table in bipartisan debt limit negotiations, led by Vice President Joe Biden, and, he expects, will be part of the solution. But in response to a question from TPM, he went further than he has in the past in laying down a marker on that issue. Medicare cuts must be part of that deal to get his support -- even if negotiators manage to find trillions of dollars in savings elsewhere, even if his other priorities are met.
"To get my vote, for me, it's going to take short term [cuts, via spending caps]... Both medium and long-term, entitlements.," McConnell said. "Medicare will be part of the solution."