The GOP’s Biggest Cave Yet
salon.com — It wouldn’t exactly be unprecedented for John Boehner’s latest maneuver to blow up in his face, but all indications are that House Republicans will vote today for a plan that would essentially pretend the debt ceiling doesn’t exist for the next four months. The idea is both a recognition of the untenability of using the looming debt ceiling expiration as a bargaining chip to extract spending cut concessions from the White House and the fear of most House Republicans of going on record voting “yes” to a debt limit hike. Hence Boehner’s solution, which would “suspend” the debt ceiling through the middle of May. Given what until about two weeks ago had been the GOP’s Obama-era orthodoxy on the debt ceiling — it can never be raised until an equal level of budget cuts are agreed to! — this represents a huge retreat.