How Obama Outfoxed Republicans on Debt Ceiling

July 13th, 2011

 


More than a little dramatic, but a great summary of how the Republicans underestimated Obama and how he outmaneuvered them on the debt ceiling.

If there was any doubt that these guys aren’t serious about deficit reduction, there shouldn’t be any more. They only want to cut the deficit if they can get tax cuts as well. The president put $4 trillion in deficit reduction on the table and the Republicans turned it down because they didn’t want to increase taxes on the top 2%. 

Laughable.

Wednesday update here.

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