1995
Anyone following the debt-ceiling debate who is old enough to remember 1995 is bound to be thinking about it. The Republicans had just won big in the off-year elections of a Democratic president, and their very first budget resulted in a showdown. In that case, the Democrat won big, and was able to get re-elected in 1996. As a Republican, you have to be worried about this. I am surprised to see them challenging Obama in a way that mirrors the negotiations with Clinton 16 years ago so closely. Their position isn't even as strong now as it was then: at that time, they controlled both houses of Congress. Moreover, they did exactly what I would have recommended, which is to pass a budget and dare the president to veto it. Then, I thought, the resulting government shutdown would clearly be Clinton's fault, and he would get the blame. Instead, Clinton simply said that the Republicans needed to send him a bill "that I can sign," and for some re...