Tuesday, March 8, 2011

Deficits and Double Standards

Politico:

When the requests were coming from President George W. Bush, moderate Republicans in the Senate such as Susan Collins and Dick Lugar had no problem voting to hike the federal debt ceiling year after year.

Now, with a Democrat in the White House and full-blown deficit anxiety taking over Congress, these Republicans are avoiding taking a firm stand, realizing that unquestioned support for increasing the U.S. borrowing limit is politically toxic with voters--not to mention many in the right wing of their party.
I've seen no evidence that increasing the debt limit is "toxic" with general election voters--given that the alternatives are shutting down the government or making draconian cuts.

But beltway reporters seem to feel obligated to advance that faith-based narrative.

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