The cliché It doesn't matter what you read: today's news could not avoid Sen. Mitch McConnell outlining his "last-choice option" for resolving the debt ceiling crisis. First unveiled on Tuesday afternoon, McConnell's plan for getting around the debt ceiling impasse provides a kind of loophole should Democrats and Republicans not come to agreement before the Treasury runs out of money. In his remarks, he said, "One thing that I just had the opportunity to brief my members on is a sort of last choice option. If we’re unable to come together, we think it’s extremely important that the country reassures the markets that default is not an option, and reassure Social Security recipients and families of military members that default is not an option." From that sentence three words stuck, even if they are an oxymoron. Anyone who's down to just one choice is out of options.
Who's on board? A better question: Who isn't? Nearly everyone covering the proposal prominently quoted the phrase (but not the sentence in which it was spoken.) "With debt-reduction talks between the White House and GOP leaders stalled," writes The Washington Post in its story's second paragraph, "McConnell (R-Ky.) said his proposal offers a 'last-choice option.'" "From the White House and Congress to financial centers, pessimism spread on Tuesday about the prospects of a debt-limit deal between President Obama and Republicans," reads The New York Times lead, "prompting the Senate Republican leader to propose a 'last-choice option' that piqued the administration’s interest but angered conservatives in his own party."