From Fox News:
Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling, 'Just in Case' - FoxNews.comRepublicans lawmakers are stepping up pressure on the Obama administration to craft a Plan B just in case budget talks fall through and the debt ceiling remains frozen past the Aug. 2 deadline Treasury Secretary Tim Geithner has set.
IMO, the White House should reject such a request (even as it should have a contingency plan in place for such a scenario). Accepting the request would be bad negotiating strategy. In general, if a party is asked for its "fallback position," once that position is made public, the "fallback position" becomes the new focus of negotiations.
In the case of the current negotiations, the White House's accommodating the request would take away some of the uncertainty that exists with respect to failure to reach agreement. As such, it would take away some of the pressure to compromise to reach agreement. In turn, that reduced pressure would increase the risks of a failure to reach agreement.