The president admitted that he’s bluffing on the debt ceiling by ordering Eric Cantor not to call him on it. Mitch McConnell acknowledged he doesn’t have the votes for the cuts Republicans want, so he offered a complicated “fallback” plan. McConnell’s plan let’s Obama have his way with Congress but Republicans get to vote against it. Theoretically, that would be useful next election, provided voters can figure what the hell he’s talking about.
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