DeMint: Obama Trying to ‘Run Out the Clock’ With Debt Limit Talks
In an interview, Sen. Jim DeMint, R-SC, claimed that President Obama has no real intention of striking a deal with Republicans on the debt ceiling. Rather, he said, the talks between congressional leaders and the White House have been efforts to “run out the clock up against his so-called deadline of August the second” in order to paint Republicans as “irresponsible.”
The president fully intends to wait it out until then, DeMint said, “so that he can have a crisis” – which of course smacks of former White House chief of staff Rahm Emanuel’s infamous prescription for reform-via-crisis.
DeMint also discussed other facets of the debt ceiling debate, including the Treasury Department’s plans for averting default in the event that all parties cannot come to an agreement, and the potential that the administration would invoke the 14th Amendment to bypass congressional action.
“The president has been very alarmist” on the debt limit issue, DeMint said. He reiterated that Republicans would “give the president some increase in the debt limit in return for permanent structural change, and that permanent change is a constitutional requirement that we have to balance our budget.” . . . [Full Story]
Full audio of the interview
Tags: Senator, Jim DeMint, SC, South Carolina, interview, audio, Obama, Debt Limit, Balanced Budget Amendment To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
The president fully intends to wait it out until then, DeMint said, “so that he can have a crisis” – which of course smacks of former White House chief of staff Rahm Emanuel’s infamous prescription for reform-via-crisis.
DeMint also discussed other facets of the debt ceiling debate, including the Treasury Department’s plans for averting default in the event that all parties cannot come to an agreement, and the potential that the administration would invoke the 14th Amendment to bypass congressional action.
“The president has been very alarmist” on the debt limit issue, DeMint said. He reiterated that Republicans would “give the president some increase in the debt limit in return for permanent structural change, and that permanent change is a constitutional requirement that we have to balance our budget.” . . . [Full Story]
Full audio of the interview
Tags: Senator, Jim DeMint, SC, South Carolina, interview, audio, Obama, Debt Limit, Balanced Budget Amendment To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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