A week has gone by, the August 2 default deadline creeps ever nearer, and still the antic debt ceiling political dance continues.
It’s like an old fan dance, where the flashing fans of the dancer seek to tantalize while hiding what lies beneath. The Senate has contributed the ill-defined “Gang of Six” proposal. The House Republicans passed “cut, cap, and balance.” President Obama continues to insist on a “balanced approach.” Everybody uses every opportunity to trumpet that everybody else is behaving abominably and making outrageous proposals. And the latest report is that the President is sitting down with House Republicans to try to cut a deal.
Is real progress being made? Who knows? Appallingly, everything is done behind closed doors, with no public input. How can anyone be comfortable with politicians making deals in private on this huge issue? And most of the purported “savings” and “cuts” and “revenue enhancements” seem to be vague, generic promises to delegate the task of making actual changes to the same congressional committees that have, for years, proven themselves unable to restrain spending, exercise prudence, and govern responsibly.
I’m not going to be distracted by the waving fans. I want this embarrassing dance to produce some real changes to how things are done.