McConnell caves — a bit — on debt issue!
Senate Republican Leader Mitch McConnell has SUDDENLY SIGNALED a willingness to retreat a little from the GOP’s previous hard line on raising the U.S. debt ceiling.
I think McConnell recognizes that his party has painted itself into a political corner with its refusal to cut a deal with President Obama and the Democrats on lowering deficits. And now he’s looking for some way to save face without making any concessions on the issue of revenues, which would be anathema to the Tea Party crowd that holds him captive.
Meanwhile, far-right pundit Michelle Malkin is having a CONNIPTION FIT over McConnell’s proposal.
UPDATE: Check HERE for another example of wingnut apoplexy. It likens McConnell to Pontius Pilate.
UPDATE: Anti-tax zealot Grover Norquist SAYS he’s in favor of McConnell’s proposal.