Blinking Red Light

Blinking Red Light

by digby

Michael Scherer at TIME Magazine seem to think Mitch McConnell “blinked” when he agreed to extend the tax cuts for the middle class and unemployment insurance in exchange for the tax cuts for the wealthy.

I don’t think Michael Scherer understands what “blinking” is.

He believes that McConnell and the president have formed a sort of partnership and will be able to work on two specific areas together. The first is energy, which will not include any kind of climate change component. The other is on entitlement and spending issues. Norah O’Donnell and Scherer both agree that the big showdown is going to be on the debt ceiling and the question is whether or not the president will be willing to cut “sacred cows” like social security and whether the Republicans will agree to “reform” the tax code.

Boy I sure hope McConnell doesn’t “blink” on any of these or we’re really screwed.

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