GOP On the Verge of Getting Suckered

Dumb, dumb, dumb:

Republicans would accept a “mini” deal with the Obama administration on raising the debt limit, Senator John Cornyn of Texas, a Republican leader, said.

Cornyn said today on “Fox News Sunday” that while Republicans would prefer a long-term settlement, they would accept a shorter-term agreement if that’s all they could get done. The U.S. Treasury Department has projected that on Aug. 2 the U.S. will no longer be able to meet obligations if the legal debt ceiling isn’t raised.

“The problem with a mini-deal is we have a maxi problem,” said Cornyn, who is in charge of the 2012 Republican Senate campaign strategy. “We’ll take the savings we can get now, and we will re-litigate this as we get closer to the election.”

The GOP is never going to have a better chance to cut a solid deal to reduce spending than right now. Pushing it into the election year will just give Democrats and the media something to demagogue and I guarantee you the GOP won't come out of that battle stronger.

Obama wants this thing done now so it's not hanging over the election next year and I think he'll be far more willing to move toward the GOP now than in 2012 when he'll have to play tough guy to keep his party in line.