Mitch McConnell knows what he wants. That’s a very critical thing to remember when examining his new debt limit proposal, which would essentially transfer the power to raise the limit from the congress to President Obama. This may seem innocuous, but is a very political decision; forcing Obama to be the sole person taking an affirmative action to raise the limit, then giving congress a vote of “disapproval” that he’d likely have to veto feeds into the narrative of fiscal irresponsibility the GOP craves. The plan would also force Obama to re-up the limit three separate times before the 2012 election, which is theoretically a big political price to pay. Add in that the increase has to be paired with at least an equivalent amount of spending cuts, and what you see is less the grand compromise than what the GOP has wanted all along — spending cuts and no new revenues.
It’s a tough decision, it’s a big decision to decide whether to run for office or not. I’m still contemplating. I am still thinking about the decision and you know a lot goes into such a life-changing, relatively earth-shattering type of decision.Sarah Palin • talking about her decision to run for President. She still isn’t giving anyone a straight answer on what she plans on doing, but her daughter Bristol said some stuff on Fox that says she does have a plan. She told the news station that Palin knows what she’s going to do, and Bristol thinks her mom should go for it. But why would Palin run if Bachmann already did? They’re basically the same kind of candidate — and Palin has pretty much already lost her opportunity to get back into the national spotlight after her bus tour kind of sputtered. It’ll be interesting to see what happens. source (via • follow)
» The least surprising item of the day: It’s not as if anybody really doubted that Tim Pawlenty would be running for President, as he’s made that rather abundantly obvious the last year or so (the title of his recent book, Courage To Stand, basically says all you need to know about his ambitions). However, the timing of this official announcement works to Pawlenty’s favor — it comes quickly after the GOP was set reeling by Indiana Governor Mitch Daniels’ decision not to run. Suddenly facing down a field with virtually no electable candidates, save the primary-vulnerable Mitt Romney, Pawlenty is in a prime place to gain ground, if he can get a little buzz going. A tip from us to T-Paw, though — you don’t have a southern accent, and it’s weird to try to pretend otherwise.