GOP Senate Leader Mitch McConnell wrested control of the debt debate narrative back from the increasingly delusional president today with a specific proposal on how to proceed. McConnell understood that the president was using his pals in the MSM to completely distort the storyline of presidential obstruction of vitally needed spending cuts.
Meanwhile the House Leadership remains committed to the stealth approach to public debate, standing tall in front of the House GOP Conference –good— and staying mostly out of site and away from their base in public –quite bad. Mike Pence is at least out in cable land working the ultimate refs –the public– but he could use some help. Pence and House Rules Chairman David Dreier join me in hour two today, and Senator Marco Rubio in hour one. Stanford economist John Taylor talks about the consequences of hitting the ceiling in hour three and CNN’s John King joins me to talk about the MSM’s coverage of the debate in the same hour.
UPDATE: This account from Roll Call of the White House talks is amazing. The president has identified a grand total of $2 billion –billion, not trillion– in real cuts.
In the nearly two-hour-long White House meeting Monday afternoon during which leaders reviewed savings found last month by a group led by Vice President Joseph Biden, McConnell asked only one question, according to a Republican source familiar with the talks.
“How much does the Biden plan actually cut from next year’s discretionary spending budget?” the Kentucky Republican asked the room.
Obama’s Office of Management and Budget Director Jacob Lew told him, “$2 billion.”
A second source close to the original Biden group confirmed this number.