Bill Kristol predicts GOP ‘to cave in a pretty big way’ on debt ceiling negotiations

Last November, some predicted this would be the end of the Obama agenda as we knew it when the country pushed against big government. With one of the major skirmishes underway over the federal government’s debt limit, however, Weekly Standard Editor Bill Kristol said the GOP is on verge of throwing in the towel.

On Thursday’s “Special Report” on the Fox News Channel, Kristol said the Republicans were going to give in and agree to the terms set forth by the Obama administration.

“It sounds as if it’s heading towards a deal,” Kristol said. “It’s not a deal that I’m going to like I suspect, and think I it’s going to be a bad deal for conservatives and Republicans but I think they’re intimidated,” Kristol said. “The president has been running around talking about corporate jets and the rich, and how the sky is going to fall unless Republicans cave. And I think they’re getting ready to cave in a pretty big way on Sunday.”

Basing it on what Republicans leaders have said publicly, Kristol forecast that defense spending cuts, tax increases and other cuts would be dressed up to be more than they really are in the end. And that would lead to a conservative revolt against Republicans.

“So great, we have a Republican House, and they are going to agree to the huge defense cuts, tax increases, phony spending cuts and increased debt,” Kristol said. “I think there will be a huge rebellion among conservatives in the country if Republicans sign on to this deal.”