Alan Simpson was on CNBC yesterday, talking about the debt ceiling.Calculated Risk has his comments. He nails it:
Maria Bartiromo: “Do you believe the GOP should be using the debt ceiling as leverage point to get the President to agree to the cuts?”
Alan Simpson: “I think that would be a grave mistake. I don’t think that would solve anything. I know they are going to try it, and how far you go with a game of chicken, I have no idea. But I can tell you … you can’t, you really can’t … This is stuff we’ve already indebted ourselves. If you’re a real conservative – a really honest conservative, without hypocrisy – you’d want to pay your debt.And that’s what this is, they are not running up anything new.”
This is part of a bigger trend: There’s a fair amount of outside pressure, even from the right, on conservatives to not take a stand on the debt ceiling.
This is something that Ben White, in his Morning Money note, does a great job summarizing today.
You also have a fair number of folks, like former Treasury official Tony Fratto, pushing back against the idea that “prioritization” is anything but bonkers.
Inside the House GOP, there may be a rising appetite to take it to the limit. Outside the GOP, there’s a growing number of folks yelling STOP.
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