NYT, today
Recounting how the 1995 government shutdown helped President Bill Clinton win re-election the next year, Mr. McConnell said any impasse that hurt the nation’s credit and led to government checks being delayed could have the same result for President Obama.
“He will say Republicans are making the economy worse,” Mr. McConnell, who is recognized as one of his party’s top political strategists, said in an interview with the radio host Laura Ingraham.
“It is an argument that he could have a good chance of winning and all of the sudden we have co-ownership of the economy. That is a very bad position going into the election.”
Meanwhile, one Republican presidential hopeful, Representative Michele Bachmann of Minnesota, was drawing a hard line against voting to raise the debt ceiling and disputing the idea that the government’s credit standing would be jeopardized by the impasse.
“I’m a ‘no’ on raising the debt ceiling right now because I have been here long enough that I have seen a lot of smoke and mirrors in the time I have been here,” Ms. Bachman said.
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