RIDICULOUS: McConnell promises NO shutdown or default in upcoming debt limit fight

McConnell was asked on Face the Nation this morning about the upcoming debt limit fight. Once again he promised no government shutdown or default on the debt ceiling, giving away every bit of leverage Republicans have.

McConnell said that Congress will find some way to handle it, but what he really means is that Obama and the Democrats will get pretty much everything they want and America will lose again:

WASHINGTON TIMES – Republicans will raise the government’s borrowing limit without threatening a default, Senate Majority Leader Mitch McConnell guaranteed Sunday, placating the markets but potentially surrendering the party’s leverage as Congress gears up for another debt showdown.

The current debt-ceiling holiday, to which Congress agreed a year ago, expires Sunday, starting the clock on debate and sending the Treasury Department scrambling to tap into its “extraordinary measures” to keep from breaching the limit.

Budget analysts say Treasury Secretary Jacob Lew has about seven months of spare room, meaning a deal would have to be reached by October or November.

Mr. McConnell, Kentucky Republican, said on the CBS program “Face the Nation” on Sunday that Republicans may try to attach some of their priorities to the debate but won’t force another shutdown showdown as it has in the past.

“I made it very clear after the November election that we’re certainly not going to shut down the government or default on the national debt. We will figure some way to handle that. And, hopefully, it might carry some other important legislation that we can agree on in connection with it,” he said.


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