Governors Want Congress Debt Deal With Obama

[xchrom]

http://www.bloomberg.com/news/2011-07-16/governors-may-tell-congress-to-make-debt-limit-deal-with-obama.html

U.S. governors from both major parties circulated a letter at their national meeting urging Congress to raise the federal debt ceiling rather than put the nation’s credit -- and their own states -- at risk.

The bipartisan letter was being drafted by the National Governors Association’s staff after Moody’s Investors Service warned that state bond ratings would be damaged by a U.S. default, Maryland Governor Martin O’Malley said yesterday.

“I’m hoping that we may be able to provide some welcome relief to the debilitating partisanship that is threatening to drive our country into default for no good reason,” said O’Malley, the chairman of the Democratic Governors Association.

President Barack Obama and Republicans in Congress are at an impasse over raising the legal debt ceiling. Unless it is lifted, the U.S. will reach the limit of its borrowing authority and begin to default on Aug. 2, according to the Treasury Department.

[midnight]

1. K&R

[jwirr]

2. Good. I wonder if Texas good hair, Florida criminal Scott and

Wisconsin walker signed it?

[bvar22]

3. This really should be framed differently:

Republicans Refuse to Raise Debt Ceiling

Bill Clinton was able to hang this directly around the necks of the Republicans.
Why do Obama and the Democratic Party leadership continue to use the collective "WE"?
Taking ANY responsibility for this is a HUGE mistake,
and the Set Up for disaster.