Tuesday, July 12, 2011

See how easy that was?

Mitch McConnell calls his own bluff.

WASHINGTON -- Senate Minority Leader Mitch McConnell (R-Ky.) floated a novel way out of default on Tuesday, suggesting that Congress give up its power to raise the debt ceiling, and instead effectively transfer that authority -- and the political pain that comes with it -- to the White House for the remainder of Obama's first term.


Does this mean Obama will be sad that he doesn't get to raise the retirement age?

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