Last night, Speaker John Boehner addressed the Economic Club of New York and drew a line in the sand in the debt ceiling fight. It was a monumental game changer for the GOP and puts them back on offense.
Let me back up briefing and note that the Washington Post’s own left leaning editorial board came out swinging on Sunday against the Democrats’ opposition to the Republicans’ Medicare plans. Yes, *that* Washington Post.
It is with that buttressing him that Speaker Boehner gave last night’s speech. It was a doozy.
In it, he said,
Without significant spending cuts and reforms to reduce our debt, there will be no debt limit increase. And the cuts should be greater than the accompanying increase in debt authority the president is given.
We should be talking about cuts of trillions, not just billions.
They should be actual cuts and program reforms, not broad deficit or debt targets that punt the tough questions to the future.
And with the exception of tax hikes — which will destroy jobs — everything is on the table. That includes honest conversations about how best to preserve Medicare, because we all know, with millions of Baby Boomers beginning to retire, the status quo is unsustainable.
Now, we are talking about a Speaker who promised $100 billion, then $70 billion, then $35 billion, and got only $353 million in non-accounting gimmick cuts. But this sounds like John Boehner has figured out that he is going to have to lead from the right.
Assuming Boehner is serious here and wants to move forward without typical Washington accounting gimmicks, this is a solid and bold move. The Democrats have yet to offer up any real cuts in Washington’s budget. Every cut the GOP comes up with gets attacked for killing old people and kids.
It’s time for Barack Obama to get serious. With John Boehner drawing a line in the sand at trillions of cuts, Mr. Obama better come up with some solid suggestions
And if that was not enough, Jim DeMint is drawing a line in the sand too. You want his support? You must hold the line on the budget. I hope he applies this to incumbent Senators and not just challengers and Presidential nominees.