House GOP preps debt ceiling playbook

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With an anxious eye toward the coming debt-ceiling negotiations, House Republicans are drafting what members call a ‘menu’ of mandatory spending cuts to offer the White House in exchange for raising the country’s borrowing limit, National Journal reports.

 This menu is more a matrix of politically fraught options for the Obama administration to consider: Go small on cuts and get a short extension of the debt ceiling. Go big – by agreeing to privatize Social Security, for example – and get a deal that will raise the ceiling for the rest of Obama’s term.

 It’s a strategy meant to show the GOP is ready to deal. But even conservatives admit that this gambit might do little to help them avoid blame should the negotiations reach a crisis stage.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.