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The Senate And The Debt Ceiling

As long as we’re taking hostages, I don’t see what’s stopping Democratic Senators — who, after all, constitute a majority — from starting to talk about what concessions they’re planning to demand in exchange for a debt ceiling increase.

That would be the ideal negotiating framework. White House demands clean debt ceiling increase, House majority demands big spending cuts, Senate majority demands partial repeal of Bush tax cuts, and we all compromise on just doing the damn debt increase.

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