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The Dirty Little Secret About the Biden-McCarthy Debt Ceiling Deal No One Has Addressed Yet
Red State ^ | 05/28/2023 | Duke

Posted on 05/28/2023 8:57:06 PM PDT by SeekAndFind

I have to give it to Speaker McCarthy.

Since his election as Speaker of the House back in January, which took 15 ballots to achieve, he has been doing a bit of a Houdini act. BREAKING: 15th Vote Finally Decides Kevin McCarthy as Speaker of the House

He has kept the GOP caucus together during the debt limit armageddon, which the Biden White House had not expected to happen but which put pressure on them to cancel part of Biden’s latest foreign policy adventure. That forced the president to come home early, preventing any more embarrassing gaffes internationally which is actually a silver lining in all this.

I have to admit how well I think the Speaker has so far done walking the tightrope seeing that I was fully expecting him to mail it in like he did back in 2015 and give up. From that article where I was speculating if he would do a repeat of history where Paul Ryan came out of nowhere to take the Speakers gavel: FLASHBACK: Kevin McCarthy Dropped out of the Speaker Race in 2015 – Will He Again?

So the question that some ask of who, if not Kevin, is nonsensical. The reason why is that Paul Ryan was not in leadership or even mentioned as a replacement when the House GOP caucus met on the day McCarthy announced he was dropping out. As McCarthy himself is quoted as saying, he shocked people by dropping out — and that was correct.

I do not recall an official reason given why McCarthy dropped out of the race for the gavel to replace Boehner but he did not have the votes. Now that the House has adjourned for the day with no resolution on who the next Speaker will be, I guess it is a fair question to ask if Kevin will drop out again.

Only Kevin knows for sure.

McCarthy so far seems to be making the most of the opportunity but there is trouble on the horizon. The Freedom Caucus is none too happy with this compromise with Sleepy Joe.

From my colleague streiff who earlier today wrote this Freedom Caucus Says McCarthy Got Rolled on the Debt Ceiling and the Evidence Indicates They Are Right

The deal scraps $131 billion in cuts to return bureaucracy to pre-COVID levels in favor of keeping spending at the 2023 Omnibus spending bill. Work requirements are abandoned for Medicaid. Biden’s “Inflation Reduction Act,” which Goldman Sachs says costs $1.2 trillion, is retained. The REINS Act is abandoned. Biden’s unlawful student loan bailout is punted back to the courts. The IRS keeps its 87,000 new agents. You’ll hear about the $2 billion cut from the IRS this year, but that is from their proposed budget increase. It doesn’t cut that agency. The only bright light is that the deal claws back $29 billion in unspent COVID-19 baksheesh. Also, note that the two-year deal takes the debt ceiling off the table during an election year.

Well here is the dirty secret floating out in the atmosphere that might build up some steam in the next couple of days. Some people on Twitter are using the hashtag #VacateTheChair and it remains to be seen if they can force members of the Freedom Caucus to take up the cause.

https://twitter.com/hashtag/VacateTheChair?src=hashtag_click

So will Donald Trump call out McCarthy for a deal that looks like no spending cuts are happening after saying on CNN just a couple of days ago that unless spending cuts were part of the deal, McCarthy should allow the Janet Yellen deadline to pass?

Will Chip Roy who was masterful in negotiating on behalf of some Freedom Caucus members before green-lighting a vote for McCarthy for Speaker decide that this is the straw that broke the camel’s back? Will he vote for this deal or vote to vacate the chair?

If Trump gives his blessing to this deal, what will all the Trump supporters across the fruited plain do after calling for McCarthy’s head?

This is all the drama that Washington D.C. loves and it is part of why I feel that America is about out of gas and wrote this right here. Op-Ed: How Much Gas Does America Have Left in Her Tank?

I truly hope I’m wrong but I don’t think I am and these games that are being played in the nation’s Capitol are one of the reasons why.

 

HEY, maybe you have some thoughts on any of this, you can always let me know by checking out my bio RIGHT HERE and let me know via email or multiple social media platforms. Also, you can check out my FACEBOOK LIVE every Mon-Wed-Fri at 10 EDT over at Duke Over America and let me know what you think in real-time.



TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: 1wordsalad; biden; debt; debtceiling; deficit; inflation; mccarthy

1 posted on 05/28/2023 8:57:06 PM PDT by SeekAndFind
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To: SeekAndFind

Bad deal.


2 posted on 05/28/2023 8:58:47 PM PDT by nwrep
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To: SeekAndFind

Call him Kevin McCavey!


3 posted on 05/28/2023 9:00:14 PM PDT by Macho MAGA Man (The last two weren't balloons. One was a cylindrical objects )
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To: SeekAndFind
There was ZERO reason for McCarthy to negotiate against himself!

He has a deal passed by the House and the Dems have offered no counter-proposal.

Tell Joe and Chuck to get off of their dead ass and present an alternative!!

4 posted on 05/28/2023 9:19:17 PM PDT by G Larry (It is RACIST to impose SLAVE WAGES on LEGAL Immigrants by importing Cheap ILLEGAL Labor!)
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To: SeekAndFind

How do you think they are going to any cuts at all through the senate?
If it wasn’t viable in the senate it whorls have died there and they would have kicked the can again. The political gain is that they will have kept the “promise” of cuts for the 2024. The chattering class will try to downplay it but they will shout loudly they did pass it and hopefully get the momentum going.


5 posted on 05/28/2023 9:29:16 PM PDT by Liaison (TANSTAAFL)
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To: SeekAndFind

WHAT is possibly bad about forcing Fed.gov to spend only what it collects?


6 posted on 05/28/2023 9:48:11 PM PDT by PGR88
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To: SeekAndFind

Burn the “Deal” [it’s “underhanded”] down.


7 posted on 05/28/2023 10:27:24 PM PDT by Paladin2
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To: SeekAndFind

Trump endorsed McCarthy sold out and gave Biden cover for the election to boot.


8 posted on 05/29/2023 2:40:16 AM PDT by Erik Latranyi (This is the end of the Republic....because we could not keep it.)
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To: SeekAndFind

vacate the chair

1st thing in the am.
This must not stand.
From what I’m seeing, they didn’t raise the dept limit ... they want to “suspend” it.
We know that game .. 2 years from now ..a vote to extend the suspension .... and on and on ...

vacate the chair


9 posted on 05/29/2023 6:07:19 AM PDT by 1of10 (be vigilant , be strong, be safe, be 1 of 10 .)
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To: SeekAndFind

Isn’t that when McCarthy got caught having an extra marital affair with Congresswoman Renee Elmers from North Carolina?


10 posted on 05/29/2023 7:09:15 AM PDT by tired&retired (Blessings )
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To: tired&retired

“McCarthy rumors follow Ellmers to North Carolina
Oct 19, 2015 — Renee Ellmers, the subject of unsubstantiated rumors of an extramarital affair with McCarthy...”


11 posted on 05/29/2023 7:10:28 AM PDT by tired&retired (Blessings )
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To: tired&retired

The affair allegations that derailed Kevin McCarthy’s ...
Oct 9, 2015 — People are saying that McCarthy, who is married, is (or was in the past) having an affair with Renee Elmers.

https://www.vox.com/2015/10/9/9488323/mccarthy-ellmers-affair


12 posted on 05/29/2023 7:12:09 AM PDT by tired&retired (Blessings )
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To: tired&retired

Just before 8 am on the morning of October 8, Steve Baer, an influential conservative donor and activist known for his ties to the right wing of the party, sent an email to McCarthy, Ellmers, and others threatening to expose the alleged affair.

Hours later, McCarthy unexpectedly withdrew from the race, the leadership elections were canceled, and the caucus was thrown into chaos.

Why is this relevant?

Nobody thinks the alleged affair is the actual reason McCarthy faced opposition in his quest for the speaker’s gavel. Rather, the affair seems to be a tool that his enemies inside the caucus and in the larger movement used against him.

It’s a tool that works on two levels:

At least a few GOP congressmen who don’t have strong objections to McCarthy on the merits might fear the elevation of a speaker who would end up tainting the caucus with a sex scandal.

McCarthy might have bowed out despite having the votes to win simply because he wanted to spare his family (he has a wife and two children) the embarrassment of an affair being revealed publicly.


13 posted on 05/29/2023 7:16:36 AM PDT by tired&retired (Blessings )
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To: Erik Latranyi

I hope that everyone here can take a longer view of this deal.

The economy is slowing down. By some metrics, we are already in a recession...again. If McCarthy has pushed through the House budget deal to the hilt, or worse yet, had let the government go forward without an increase in the debt ceiling, the calamity that is awaiting in the 3-4 quarter of this year would become a stinking pile of mess in his hands. The Democrats would rightfully blame the Republicans for the economic mess and bolster their claims that they are the best stewards of the economy.

Instead of being branded as the architect of the financial disaster, McCarthy gives Biden much, but not all of what he wanted. Now he can stand back and wait for the inevitable crash and correctly point out that he warned Biden that the recession was going to happen unless the Fed got the spending under control. He walks away with relatively clean hands and can return to save the day when the Biden administration collapses under the weight of its own incompetence.


14 posted on 05/29/2023 2:36:41 PM PDT by T. Rustin Noone (Igitur qui desiderat pacem, praeparet bellum)
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