McConnell’s Contingency Plan

by Rich Lowry

It’s beginning to get out on the Hill. It’s complicated, but here is the gist as I understand it: Congress authorizes in legislation the president to submit a request for an increase in the debt limit in three tranches over the next year or so, with corresponding proposals for spending cuts; when the president submits his request, Congress immediately considers a resolution of disapproval; if the resolution passes, the president can veto it and–assuming his veto is subsequently upheld–he gets the increase in the debt limit. Got it? More later…

 

UPDATE

From the comments:

 Uncledave Wasn’t that a “Schoolhouse Rock” episode?

Tom in SFCA Why doesn’t the GOP simply “deem” the debt limit increase to have passed. That would make everything cool, wouldn’t it?

The Corner

The one and only.