Plotting their revenge

18 Jan

paul-ryan1-sizedLast night in Williamsburg, Virginia, House Republicans were meeting.

We don’t know if a good time was had by all, but we do know they were planning and plotting.

The subject was the debt ceiling.

The word is they agreed that it might be a good idea to skip a debt-ceiling showdown in favor of bigger spending fights with the White House.

Paul Ryan, who sees himself as having all the answers, came out from behind the closed doors to say they’re considering a short-term increase to the US borrowing limit.

This would create time to negotiate a bigger deal – or bigger fight.

It also creates the opportunity for yet another market-irritating standoff a few months down the road.

Nobody seems to get it.

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