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Điện Biên Phủ, Part Deux! Colonel McCarthy Surrenders To Biden And Schumer, Guarantees Biden’s Reelection As President (McCarthy Caves In To Protect Big Spending To Big Donor Class)
Confounded Interest ^ | 05/26.2023 | Anthony B. Sanders

Posted on 05/26/2023 3:58:58 AM PDT by Kaiser8408a

Well, I wrote that this would happen and it did. KevIn McCarthy, despite his tough talk, surrendered to Biden and Schumer and are getting close to an agreement on Biden’s insane budget and raising the debt limit. This makes Biden look strong and guarantees his reelection as President. And likely dooms Republicans in the next election to become the minority in the House again. Americans have given up on Republicans trying to protect their wallets and liberties.

(Bloomberg) Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the matter, as time grows short to avert a catastrophic US default.

Under the terms of the emerging agreement, defense spending would be permitted to rise 3% next year in line with President Joe Biden’s budget request.

The accord would also include a measure to upgrade the nation’s electric grid to accommodate renewable energy, a key climate goal, while speeding permits for pipelines and other fossil fuel projects that the GOP favors, people familiar with the deal said.

The deal would cut $10 billion from an $80 billion budget increase for the Internal Revenue Service that Biden won as part of his Inflation Reduction Act. Republicans have warned of a wave of agents and audits while Democrats said the increase would pay for itself through less tax cheating. (Big f’ing deal! Biden still gets $70 billion for the IRS).

House Speaker Kevin McCarthy becomes the honorary Colonel Christian de Castries, the French commander at Điện Biên Phủ.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; budget; debt; mccarthy
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To: Kaiser8408a

Damn! I was hoping to read at least one good story today. Now I’m sick!


21 posted on 05/26/2023 7:01:21 AM PDT by TribalPrincess2U (D.I.S.T.R.A.C.T.I.O.N.S.)
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To: jmaroneps37

Good post, I was thinking the same. Especially after listening to MTG the other day. They are not phased.


22 posted on 05/26/2023 9:32:38 AM PDT by Tommy Revolts
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To: Kaiser8408a

Big donor class should be shut out, by requiring that ALL POLITICAL DONATIONS BE ANONYMOUS. You can’t buy/sell influence if the seller does not know who is buying.

Americans should be permitted to donate to any party or candidate they choose, any amount they wish. That’s FREEDOM.

But purchasing an outcome renders it bribery, a crime. Any attempt to discover who donated by the recipient or any informing of the recipient who the donor was should be punished as a bribery offense.


23 posted on 05/26/2023 12:18:55 PM PDT by JimRed (TERM LIMITS, NOW! Militia to the border! TRUTH is the new HATE SPEECH.)
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To: JimRed

An alternative approach would be to require legislators to recuse themselves from voting on any issue where they have received significant contributions—whether corporate, organized labor, environmental, non-profit etc.


24 posted on 05/26/2023 12:22:53 PM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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