Tuesday, July 12, 2011

McConnell: Debt Solution "Unattainable" With Obama in Office

Senate Republican Leader Mitch McConnell has never been one to sugar-coat it.

In a Senate floor speech this morning. McConnell said, in part:

“It was their commitment to big government that stood in the way of a grand bargain,” McConnell said of Democrats and the White House, “The American people don’t want that, and Republicans won’t be seduced into enabling it.”. . .

I truly believed we could get this done,” he said.  “In the end, it appears that the perceived electoral success of demagogueing a solution proved its undoing.  Or perhaps it was just the ideological commitment to preserving the size of government by the most stridently liberal members of the other side. “. . .

“Republicans will choose a path that actually reflects the will of the people — which is to do the responsible thing and ensure the government doesn’t default on its obligations. And to continue to press the administration to rein in Washington. Not to freeze it in place.  That’s why I will continue to urge the President to rein in our deficits and debt in a way that puts the short and long-term health of our economy ahead of his personal vision of government. “

Flat out, McConnell stated that he believes now that as long as President Obama is in the Oval Office, “a real solution is unattainable.”
“In my view the President has presented us with three choices: smoke and mirrors, tax hikes, or default. Republicans choose none of the above.  I hoped to do good; but I refuse to do harm.”. . .

At a moment when we needed leadership the most, we got the least. The financial security of the nation was being gambled on the President's wager that he could convince people our problems would be solved if we just all agreed to take it out on the guy in the fancy house down the street. And I’m proud of the fact that Republicans refused to play along.” 

“They asked us to join them in another Washington effort to pull the wool over the eyes of the American people. They offered us the opportunity to participate in the kind of deliberate deception of the public that has given public service such a bad name in recent years. We all saw how it worked. The Administration carefully leaked to the media, without any details, the idea that it was willing to go along with trillions of dollars in spending cuts. “. . .

The hope here was that the budget gimmicks and deferred decision-making they actually supported would have the appearance of serious belt-tightening.  But the practical effect would have been at most about a couple of billion dollars in cuts up front with empty promises of more to follow. We've seen this kind of thing before. It’s just this kind of sleight of hand governing that’s put our nation more than $14 trillion in debt. And I will not associate myself with it. I refuse to join in an effort to fool the American people.”

“We will not pretend that a bad deal is a good one,” McConnell said, “The truth is, the Democrats saw this debate as a unique opportunity to impose the type of tax hikes they want so badly but couldn’t pass even in a Democrat-controlled Senate last year.”

McConnell goes to the White House for his third straight day of meetings at 4:45 p.m.

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