just flip the script for a second and imagine a situation in which a Democratic Speaker said to a Republican President, I’m not going to increase the debt ceiling unless you increase corporate taxes by 20 percent. And if you don't do it, we’ll default on the debt and cause a worldwide financial crisis. Even though that Democratic Speaker didn't have the votes to force through that particular piece of legislation, they would simply say, we will blow the whole thing up unless you do what I want. That can't be a recipe for government.I think it's time that Obama did flip the script. Not in this round, and not by holding the debt ceiling hostage. But by using the leverage his office does afford him.
Since 2011, the extremist wing of the Republican party has consistently set the terms of our budget battles. That's because the the GOP House, enabled by the Hastert Rule and the extremists' ability to dictate to leadership, has wielded an effective veto over any prospective budget compromise. As funding and debt deadlines loom they loudly proclaim their intention to exercise that veto, even at risk of national catastrophe, and no one doubts their willingness.
But the President also has a veto. It's time -- past time -- for him to prepare the ground on which he might use it to shape the terms of negotiation.
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