American Debt Linit,  American Economy,  John Boehner,  Paul Ryan

John Boehner’s Debt-Limit Plan is a Good Start?

It is a good start towards replacing Obama as President next year.

It is, as many conservatives have said in floor speeches and statements of support for the Boehner bill, an important first step. The immediate cuts are small relative to our $14 trillion debt, but the trajectory of spending will now go down.

Before we get ahead of ourselves, it is important to remember this has to come to a vote in the House. (I suspect it won’t be all that close, unfortunately relieving some die-hards of the necessity of discarding their political purity.) It also has to get through the Senate, where other hardline Republicans, not to mention a whole lot of Democrats, will have to decide: Boehner or default?

And should this get through both houses, the president will have zero choice in the matter. He will sign it, and we will avoid default. And then the spinning begins. As for those GOP pols and pundits who favored the burn-down-the-building approach, there is perhaps time to reconsider whether they want to be on board with a vote that may change the course of our fiscal future and the shape of the Republican party.

Read Rep. Paul Ryan’s treatise on the revised legislation here.

And, looking at the polls today in the key battleground states, in another year, the GOP House Leadership  will not have to worry about negotiating with Harry Reid or the White House.