Mitch McConnell, speaking Monday night to CNBC’s Larry Kudlow before heading off with John Boehner for some celebratory hookers & blow:
What we have done, Larry, also is set a new template. In the future, any president, this one or another one, when they request us to raise the debt ceiling it will not be clean anymore. This is just the first step. This, we anticipate, will take us into 2013. Whoever the new president is, is probably going to be asking us to raise the debt ceiling again. Then we will go through the process again and see what we can continue to achieve in connection with these debt ceiling requests of presidents to get our financial house in order.
They’re now three-for-three: extending the Bush tax cuts, exacting a pound of flesh for keeping the government open, and turning a formerly pro forma debt-ceiling vote into an opportunistic crisis. Why on earth wouldn’t they think they can keep their winning streak going?
We’re reminded of another supposedly idealistic Democratic President, faced with fierce Republican opposition, who caved on a key issue early in his term. We forget the circumstances, and cannot find a precise reference online, but we’ve always remembered the quote attributed to a Republican lawmaker about Bill Clinton: “He can be rolled.”


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