Mitch McConnell's sudden and shocking "contingency plan" to allow President Obama to raise the debt ceiling is getting pilloried by most conservatives and praised by liberals like the Washington Post's Ezra Klein. Most people want to know--and not just because the plan is incredibly confusing--what is he thinking? McConnell is offering to let Democrats raise the debt ceiling without demanding any policy concessions at all. Instead, his plan would impose political pain on Democrats, forcing them into a series of unpalatable votes to raise the debt limit.
The Wisdom of McConnell's Debt-Ceiling Plan
It may look like a lousy deal for Republicans, but it isn't that bad.