In response to:

On Revenues, Obama Has Just Begun To Fight

Francis W. Porretto Wrote: Jan 08, 2013 6:54 AM
From the above. McConnell missed an opportunity. A DEFAULT occurs ONLY when a debtor fails to pay the scheduled service on his DEBT. Washington's revenue stream will easily cover its debt service; therefore there's no risk of a default -- and therefore Stephanopoulos, a veteran prevaricator, was trying to mislead his audience. But McConnell, like most Republicans, is hesitant ever to accuse a mortal enemy of a wee fib.
Senate Minority Leader Mitch McConnell tells us the tax issue is behind us and that we can now move on to spending. Really? What makes him think the GOP will succeed this time when it couldn't last time?

The just-concluded fiscal cliff deal included no material spending cuts, which the GOP justified by saying it had achieved locked-in rates for most of Bush's tax cuts, which would force Obama to seriously discuss spending cuts and entitlement reform as part of the upcoming debt ceiling negotiations.

But a White House memo announcing the deal said that postponing the sequester for two months "will give...