Posted on 09/07/2017 10:42:02 AM PDT by Mariner
President Trump and Senate Minority Leader Charles E. Schumer (D-N.Y.) have agreed to pursue a deal that would permanently remove the requirement that Congress repeatedly raise the debt ceiling, three people familiar with the decision said.
Trump and Schumer discussed the idea Wednesday during an Oval Office meeting. The two, along with House Minority Leader Nancy Pelosi (DCalif.), agreed to work together over the next several months to try to finalize a plan, which would need to be approved by Congress.
One of the people familiar described it as a gentlemens agreement.
Senate Democrats hope they will be able to finalize an arrangement with Trump by December.
The president encouraged congressional leaders to find a more permanent solution to the debt ceiling so the vote is not so frequently politicized, White House press secretary Sarah Huckabee Sanders said.
(Excerpt) Read more at washingtonpost.com ...
Exactly — which will force Congress to manage our debt in a way they haven’t been required to do in years.
Next up.. a balanced budget, just like California Woohoo! Meanwhile Pelosi is out going on and on about her deal. Nancy, chuck n Donald.. wow! Aren’t we lucky!
DC, lost is deep, dark spaces.
Threads like this make it easier to identify the Beck/Cruz sky is falling easy to flim-flam grifter bait among FR.
“Year in, year out, nothing really changes. “
That’s the stuff of revolutionary regime change.
“higher interest rates on US debt.”
Anyone who buys US Bonds is stupid.
There’s no other word for it.
I actually think that the Dem core constituencies are pretty sophisticated in terms of policy. If Schumer and Pelosi can get them policies they want from a minority position, they will treat them as god-kings.
The narrative is already forming. “Schumer and Pelosi are out-smarting Trump and taking the steering wheel from him.”
But this is where the sophistication will come into play. The media won’t say this. And the Democratic leadership certainly won’t say this.
As soon as DACA passes, Trump is going to get the most positive coverage of his life.
“He’s matured!”
“He’s learned how Washington really works!”
And he’ll eat that up, because of course he will. And they’ll get more out of him. And then right before the midterms, they’ll call him a Nazi sympathizer again.
Go back and read the Constitution. What you propose requires a Constitutional amendment proposed by Congress or the state legislatures, and ratified by 3/4 of the states.
Maybe a budget?
Schumer is apparently at the White House today talking infrastructure.
Chuck thinks that he is running in open field.
Mark Meadows has to be on suicide watch right now.
You are correct except that it isn’t “apparently” a worthless idea, it IS a worthless idea.
Get rid of it and get as much as you can get from the democrats, for it.
Good for Trump. If the friggin Republicans won’t work with you, then work where you can with the out of power Democrats. This could work!
If Republicans refuse to use their power, Trump can give power to the Democrats.
I don’t care to watch sausage being made, but I love to each sausage!
Oh, and I love WINNING!!!!
OH. MY. SIDES.
You've GOT to be kidding!!!
Neither party wants to cut spending. Neither one.
This is a disaster, no other way to look at it. Trump did say he's the "king of debt" ... and now he's going to make the USA the KING of nations of debt.
I don’t think it puts them on the defensive at all. They’d be getting unlimited spending capacity and a big divisions between the WH and GOP, all from a minority position in Congress. That’s wins on multiple fronts for them.
All they do is spin it as Schumer/Pelosi outsmarting the President to give them what they want, and the lefties will eat it up. They’ll be plenty of other areas where they can go all-out on obstructing the President, and the lefties will eat that up, too.
Eliminating the debt ceiling means that the Freedom Caucus really has no purpose to its existence any longer.
I don’t know any longer if that’s what we want.
How can it be a ceiling if they raise it any time they see fit to do so?
Its apparently a worthless idea........................
...
I agree. It’s meaningless theater and hasn’t stopped the GOPe and Democrats from stealing a fortune.
Missouri, a heavily republican state, has a balanced budget requirement. There is no debt ceiling since deficit spending is against the law. It’s really quite simple, and is called fiscal responsibility.
If this is true, Trump is screwing the people who put him in office.
But this from the WaPo, so it could be BS....I hope it is BS
If this is true, Trump is screwing the people who put him in office.
But this from the WaPo, so it could be BS....I hope it is BS
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