Congress is never going to give up this power. I've made it clear to the president that every time we get to the debt limit, we need cuts and reforms that are greater than the increase in the debt limit. It's the only way to leverage the political process to produce more change than what it would if left alone.
And Boehner says: hostage taking then, hostage taking now, hostage taking forever!
If only President Obama and the Democrats had done the right thing and all resigned from office, right?
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