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Morsi seizes broad powers in Egypt: What does US do now?

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So the question for Washington now is what to do – if anything.

For Republican hawks like Sen. John McCain (R) of Arizona, who were never comfortable with Obama's relatively hands-off approach, it could be time for America to start pulling some levers. That means perhaps withholding the billions of dollars in aid that the US gives to Egypt, as well as pulling its support from international efforts to forgive Egyptian debt and to give Egypt a $4.8 billion loan from the International Monetary Fund.

"What should the United States of America do, they should be saying, 'This is unacceptable,' " said Senator McCain on Fox News Sunday. " 'This is not what American taxpayers expect, and our dollars will be directly related to the progress toward democracy, which you promised the people of Egypt when you were elected president.' "

Conservatives are already looking askance at the president's response to Morsi's declaration. Chris Wallace, the host of Fox News Sunday, characterized the Obama administration statement on the subject as "very tepid."

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