Mitch McConnell

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Mitch McConnell, Tea Party, President Obama Winners in Debt Deal: Chris Cillizza
 Debt Deal's 
 Winners 
 and Losers 
analysis

Debt Deal's Winners and Losers

Mitch McConnell, Tea Party at the forefront: Chris Cillizza

(Newser) - The debt-deal dust has yet to settle, but that's not stopping anyone from analyzing its political consequences. In the Washington Post , Chris Cillizza notes the winners:
  • Mitch McConnell was “the Mariano Rivera of the debt deal. He waited until the game was in its final moments, came onto
...

Schumer: Deal Isn&#39;t Quite Done, but &#39;Relief&#39;
 Schumer: 
 Deal Isn't 
 Quite Done, 
 but 'Relief' 
TALK SHOW ROUNDUP

Schumer: Deal Isn't Quite Done, but 'Relief'

Guess what's on everybody's mind this morning?

(Newser) - The end of Congress' tortured debt ceiling machinations isn't here yet, but it's in sight, says top Democratic negotiator Chuck Schumer, while adding that "It's premature to talk about any specifics." Schumer emphasized to State of the Union that the deal will be politically difficult...

Mitch McConnell: Debt Deal 'Very Close'
 McConnell: 
 Debt Deal 
 'Very Close' 

'WE WILL AVOID DEFAULT'

McConnell: Debt Deal 'Very Close'

Says legislators 'had a very good day yesterday'

(Newser) - Good news, if you're the US economy: Mitch McConnell says a debt ceiling deal is "very close," reports Politico. Speaking on CNN's State of the Nation this morning, the Senate minority leader said lawmakers yesterday made "dramatic progress" on a two-step, $3 trillion agreement that...

Sign of Hope? Harry Reid Postpones Debt Vote

It's now scheduled for Sunday afternoon as talks intensify

(Newser) - It's either a sign that a last-minute deal is truly in sight or one last tease: Harry Reid has postponed a 1am procedural vote on his plan to raise the debt ceiling until tomorrow afternoon, reports the Hill . Reid says the delay is intended to give negotiations with Republicans...

McConnell: 'Our Country Is Not Going to Default'

But Harry Reid isn't as optimistic about a deal

(Newser) - The debt deal may rest on the shoulders of Mitch McConnell and Harry Reid , but the two can't seem to agree on how optimistic to be. At a mid-afternoon press conference, McConnell sounded like a deal was in the offing. “Our country is not going to default for...

McConnell Calls Reid Plan Doomed in Senate
 Tit for Tat: House 
 Rejects Reid Plan 
UPDATED

Tit for Tat: House Rejects Reid Plan

Mitch McConnell, meanwhile, says it's doomed in the Senate

(Newser) - It's Harry Reid's turn to hit legislative turbulence. The House today rejected the Senate leader's plan to raise the debt ceiling in a move seen largely as symbolic, reports AP . The real fight, however, is taking place in the Senate, where GOP Minority Leader Mitch McConnell delivered...

Default Deadline in Hands of McConnell, Reid Now

Pressure on Senate leaders to find a way

(Newser) - With all eyes on the Senate this weekend, one name keeps cropping up as pivotal deal-maker: Mitch McConnell. Politico and the Wall Street Journal see the Senate minority leader as key to any potential compromise that could be struck as Harry Reid's bill winds through the Senate. As Democratic...

GOP, Dems in Different Worlds
 GOP, Dems in Different Worlds 

GOP, Dems in Different Worlds

Could Joe Biden and Mitch McConnell save the day?

(Newser) - Harry Reid and John Boehner each made progress in their quest for votes yesterday—but that actually drove them further away from a compromise. House Republicans and Senate Democrats “seemed to operate in alternate realities,” the New York Times observes, with each sure the other would eventually cave...

Boehner Delays Vote After CBO Says Plan Falls Short

House speaker reworking debt measure to meet projections

(Newser) - John Boehner's debt ceiling plan has had a lousy day: In the latest setback, the Congressional Budget Office says it doesn't cut as much as Boehner thought—the CBO puts the figure at $850 billion over a decade, instead of the $1.2 trillion promised by the House...

Senate Likely to Vote on McConnell Debt Deal

They'll also vote on a balanced budget amendment

(Newser) - Mitch McConnell and Harry Reid are busily hammering out a debt ceiling Plan B, and are likely to put it to a vote in the coming week, senior Democratic aides tell Reuters . It would be based on McConnell's widely panned plan to allow Democrats to raise the ceiling, but...

Why Hogwarts is Better Than Washington
 Why Hogwarts is Better 
 Than Washington 
OPINION

Why Hogwarts is Better Than Washington

David Rothkopf on the dark magic afoot in the capital

(Newser) - In honor of Harry Potter’s last cinematic outing—and the debt ceiling negotiations playing out in Washington—David Rothkopf of Foreign Policy has come up with a list of the top 10 ways Washington is worse than Hogwarts:
  • Peter Pettigrew was only a rat sometimes. Unlike politicians like Mitch
...

Stewart: Mitch McConnell 'Ruins Magic'

Daily Show host weighs in on debt ceiling talks

(Newser) - Jon Stewart offered a fairly hilarious rundown of the debt ceiling negotiations on the Daily Show last night, starting with the stakes: “If we don’t raise the debt ceiling by Aug. 2, man will be sentenced to an eternity of licking our own pets' genitals,” he declared....

'Decision Time': McConnell, Reid Work on Plan B

Standard & Poor's threatens to downgrade US credit, too

(Newser) - With negotiations looking more hopeless than ever, a modified version of Mitch McConnell's backup plan is starting to get some serious traction, reports the Wall Street Journal . Conservatives originally swatted down McConnell's idea—basically giving President Obama the ability to raise the debt ceiling by $2.4 trillion...

EJ Dionne: President Obama Has the 'High Ground' in Deficit Debate; Faces Challenge from Eric Cantor
 Obama Has 
 'High Ground' 
 in Deficit Fight 


ej dionne

Obama Has 'High Ground' in Deficit Fight

But he'd better watch out for Eric Cantor

(Newser) - President Obama has “called Republicans’ bluff on the debt,” writes EJ Dionne in the Washington Post . With a little help from Eric Cantor, Obama has shown that Republicans’ top goal has nothing to do with the deficit—instead, they want to maintain low taxes on corporations and the...

Obama on Debt Talks: 'I Will Not Yield'

...even though 'this may bring my presidency down'

(Newser) - We already knew last night's debt talks did not go well —but not only did President Obama leave "abruptly," he really put his foot down, Talking Points Memo reports: "I have reached the point where I say enough," he said, according to those present....

Reactions: Why the GOP Should Love Mitch McConnell's Debt Ceiling Plan
Why the GOP Should Love McConnell's Plan
reactions

Why the GOP Should Love McConnell's Plan

Many are calling it a sell-out; here's why it's not

(Newser) - Knee-jerk reactions to Mitch McConnell's surprise debt ceiling proposal weren't good: Newt Gingrich, for example, called it "an irresponsible surrender to big government." But upon further consideration, many are coming out of the woodwork to explain why this is actually a grand plan for the Grand...

McConnell Offers 'Backup Plan' to Avert Default

It would give Obama the power (and blame) to raise debt ceiling

(Newser) - Another day, another round of meetings and threats , and still no deal on the debt ceiling. But the big news looks to be a surprise "backup plan" from Mitch McConnell that would give President Obama unprecedented power to raise the debt ceiling by $2.4 trillion in three installments...

Obama: No 'Guarantee' of Social Security Checks

Without deficit deal, there may not be enough cash 'in the coffers'

(Newser) - If Democrats and Republicans can’t strike a deficit deal, retirees may not get their Social Security checks early next month, says President Obama. “I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the...

Tim Geithner: President Obama Wants 'Biggest Deal Possible' on Debt Ceiling


 Geithner: 
 Obama Wants 
 'Biggest Deal 
 Possible' 
TALK SHOW ROUNDUP

Geithner: Obama Wants 'Biggest Deal Possible'

Says president 'is willing to do very, very difficult political things'

(Newser) - Treasury Secretary Tim Geithner fired back at John Boehner and Mitch McConnell this morning, telling Meet the Press that “We’re going to try to get the biggest deal possible, the deal that’s best for the economy. Not just in the short term.” Further, he said, smaller...

McConnell: Big Deficit Deal Is Dead

Top Republican blames White House insistence on tax hikes

(Newser) - Mitch McConnell is jumping right on John Boehner's pronouncement last night that a broad deal on the deficit is impossible, reports Politico. Appearing on Fox News Sunday this morning, the Senate's top Republican said the White House's insistence that a $4 trillion deal be accompanied by tax...

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