With the Republican strategy of contesting anything and EVERYTHING the President does….
They are fostering a continued unsteadiness politically and Economically for the country….
The Speaker of the House seems to unable to exert leadership over his Conservative caucus which seems immune from worrying about what their actions are doing to country…
Republicans in Congress in general have pledged to thwart President Obama from governing using budget cuts as a cover for their actions….
“Predictability and the rule of law are the key elements to a successful economy and a successful country, but the new normal is a crisis economy,” said former Defense Secretary William S. Cohen, a Republican, in an interview. “It means that other countries that look to the United States to be the great stabilizing force that we’ve been start to have doubts about that. It’s a crisis in the political structure, and it means you’re on the road to economic decline.”
Obama said in his Jan. 14 news conference that the current pattern is “not a credible way to run this government. We’ve got to stop lurching from crisis to crisis to crisis.”
Congressional Republicans agree that failing to govern unless they are staring down an emergency is no way to do business. “Last-minute deals are just not a way to run the country,” said Senate Minority Leader Mitch McConnell of Kentucky, the Republican to whom it has fallen to broker many of the recent 11th-hour agreements with the White House, in a Jan. 9 interview.
Yet there is little evidence that the pattern will change any time soon. Over the next two months, Obama and Congress are facing a trio of deadlines: the need to raise the nation’s $16.4 trillion debt limit as early as next month, the scheduled imposition in March of $110 billion in across-the-board spending cuts, and the March 27 expiration of the current temporary measure to fund the entire government.
“Uncertainty is one of the greatest threats to national security — fiscal uncertainty,” Defense Secretary Leon Panetta told U.S. troops in Vicenza, Italy, Jan. 17, calling the three looming deadlines — the second of which could trigger at least $45 billion in defense cuts — a “perfect storm.”