Mitch McConnell’s Peculiar Debt Ceiling Gambit

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I was browsing through Steve Benen’s blog today, and it reminded me of something that had me scratching my head yesterday. As you know, Mitch McConnell introduced a bill that would have allowed the president to raise the debt ceiling on his own, leaving Congress out of it. But why?

McConnell assumed that Senate Democrats — at least a big chunk of the caucus, anyway — would balk at Obama’s proposal, so he introduced the plan himself. The point was to have Dems object to McConnell’s effort, so the Minority Leader could get a new talking point: the president’s offer is so offensive that even his own party isn’t willing to support it.

This puzzled me when I first read it, but I didn’t bother blogging about it. So now I will. My question is this: why did McConnell think this in the first place? I can’t think of any compelling reasons that Dems would have balked at his proposal. They certainly don’t want a debt ceiling fight while Obama is president, and they’ve never used the debt ceiling to hold a Republican president hostage. That’s purely a GOP gambit.

So what was McConnell thinking? Does anyone know?

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We just keep seeing it happen: Newsrooms owned by billionaires and corporations are spinning their own narratives, overwriting the truth, following only stories that keep them in the pocket of those with even more power.

Not here. We’re not owned by anyone. We’re not part of any cult that demands our allegiance to a bottom line. We’ve spoken up and spoken out while other newsrooms changed their stories—or cut them altogether—to keep the C suite happy.

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Can you chip in today?

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