"The Republicans had made it clear for months that they would use the need to raise the debt ceiling as an instrument for extracting concessions from the Democratic President in the form of more cuts in federal programs. And the President assented to their premise, but only if there should also be some additional revenues. Were they all insane? That's not a far-fetched question."
What Were They Thinking? by Elizabeth Drew | The New York Review of Books http://bit.ly/ruTnor
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