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Speaker McCarthy's debt ceiling proposals pretty reasonable ergo POTATUS won't even meet to discuss them
Hotair ^ | 03/31/2023 | Beege Welborn

Posted on 03/31/2023 9:40:00 PM PDT by SeekAndFind

Dang if I hate to admit McCarthy’s growing on me, even just a little, but…ach. Okay. He is.

The latest thing he’s done right is keep his cool and work his tail off getting the various factions of his majority talking together. There’s a radical idea in itself for a speaker. But it seems to have paid off in the case of debt ceiling negotiations, and it just might really put the Democrats in a pickle.

Especially since Biden is betting on the GOP having no strategy at all – being riven by the boisterous voices within it. God willing, he finds out differently.

Mr. McCarthy unveiled his debt-ceiling strategy this week, and the party looks to have found a landing spot. In a Tuesday letter to Mr. Biden, Mr. McCarthy notes the rapidly approaching “X” date for hitting the country’s borrowing limit and asks for a meeting. More notably, he unveils the GOP’s term sheet—laying out several spending reduction proposals as examples of what House Republicans might trade for a debt-ceiling hike. Democrats can no longer claim they don’t know what the GOP is asking for. Republicans have made their offer. Over to you, Mr. President.

As Bugs Bunny says, McCarthy has utilized his time wisely and employed strateegery.

…Mr. McCarthy can do this in part because of the work of Louisiana Rep. Garret Graves, who for months has been holding talks with the speaker’s office and the heads of the “five families”—ideologically diverse caucuses that represent the bulk of House GOP members. Republicans may not yet have agreement on a budget, but those meetings and communications did produce support for the list of spending reforms Mr. McCarthy now offers in return for a debt-ceiling hike. They include returning nondefense discretionary spending to pre-Covid levels, clawing back unspent pandemic funds, imposing modest work requirements for some benefits programs, and enacting policies to lower energy costs and enhance border security.

That might well be a “gulp” you hear out of the White House. They hadn’t planned for a Republican plan, so…what to do?

Let’s pretend there isn’t one and say we’ve been meeting anyway.

“The president has misled America… He told them that we are meeting–We are not meeting. I don’t want to go down that route. I want to solve this problem.” – @SpeakerMcCarthy on debt ceiling negotiations. pic.twitter.com/XxQPzJ2BSZ

— House Republicans (@HouseGOP) March 29, 2023

Republicans have taken the “okay, the debt ceiling is the immediate problem, let’s get that settled” approach, which throws all of Biden’s calculations into a tizzy.

GOP lawmakers are seeking to separate their budget from the debt ceiling, hoping to move forward with talks on the latter.

This strategical shift is at odds w/ @POTUS, who refused to negotiate on the debt ceiling until GOP leaders release their budget.https://t.co/ncgn6EEyRS

— Washington Examiner (@dcexaminer) March 31, 2023

Schumer was already talking the standard boilerplate smack about “reckless and clueless” regarding the debt ceiling.

Following on news of SVB’s collapse, the GOP House Budget Chair said now is “the best time” to double down on debt ceiling brinkmanship.

A reckless, clueless thing to say.

Instead of threatening more financial turmoil, the GOP should show us their debt ceiling plan.

— Chuck Schumer (@SenSchumer) March 22, 2023

What does the Senate majority leader do when McCarthy trots this plan out…

House Republicans are finalizing a bill combining an increase in the US debt ceiling with spending cuts, energy deregulation and other GOP priorities, Speaker Kevin McCarthy told reporters Thursday. https://t.co/azu4W89yPe

— Bloomberg Government (@BGOV) March 30, 2023

…or, if Biden still refuses to meet him, passes his own and dumps the whole mess in Schumer’s lap?

…This has the potential to rewrite debt-ceiling dynamics. If Mr. Biden still refuses to negotiate, Mr. McCarthy could move to pass a short-term debt-ceiling increase with some modest savings attached. Then dump it in the Senate’s lap, and put it on Majority Leader Chuck Schumer to act. Would the White House and the Senate then risk default?

So far, the White House is indicating it will continue to play hardball, perhaps in the hope that Mr. McCarthy’s caucus cracks. And it could. But if the GOP holds together, this White House may have to acknowledge that Republicans won the House and fully intend to use what few must-pass pieces of legislation exist to accomplish some of their priorities.

So this game of chicken we play every year could at least be intriguing this round. As the GOP says, Yellen keeps moving the goalposts for when the limit is hit, so how is one to know when the limit is actually reached. It’s a fair question to ask, considering the muddle she’s made of everything lately if she even knows herself at any given point where she is in the process.



TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: congress; debt; debtceiling; spending

1 posted on 03/31/2023 9:40:00 PM PDT by SeekAndFind
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To: SeekAndFind

Arn’t all spending bills suppose to originate in the House? McCarthy should send the White House proposed budget back with a simple note, “Considered and Denied”! We should put together a budget that we want and if they don’t want to sign it then let them explain why no one will be getting their Social Security check when our budget fully funds it.


2 posted on 03/31/2023 9:58:36 PM PDT by TonyM (Score Event)
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To: TonyM

Yep, presidential budget proposals are just that...proposals. No constitutional requirement for the executive branch to even propose a budget (they started doing it around 1921). PDJT had budget proposals, but disappointingly they were not balanced.

https://en.wikipedia.org/wiki/Executive_budget


3 posted on 03/31/2023 10:13:02 PM PDT by Drago
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To: SeekAndFind

Welcome to the dictatorship of the Democratic oligarchy.


4 posted on 04/01/2023 3:15:57 AM PDT by popdonnelly (All the enormous crimes in history have been committed by governments.)
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To: SeekAndFind

I don’t think the Nation can wait for 2024. Congress needs to work quickly to impeach Biden and Harris and make McCarthy president. The WH is making ruinous decisions, many of which cannot be reversed.


5 posted on 04/01/2023 5:44:23 AM PDT by elpadre (nd )
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To: elpadre

Dude...
You really don’t understand how it works, do you?


6 posted on 04/01/2023 6:43:41 AM PDT by joe fonebone (And the people said NO! The End)
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To: joe fonebone

“..You really don’t understand how it works..”

Are you referring to a foot-dragging Senate??


7 posted on 04/01/2023 7:03:42 AM PDT by elpadre (nd )
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To: elpadre

No, the chain of progression to the presidency...
The only way Mccarthy gets to be president is if both of them die at the same time..
If you impeach one, then the legislature picks the new VP.
You simply cannot try both of them at the same time....


8 posted on 04/01/2023 7:29:23 AM PDT by joe fonebone (And the people said NO! The End)
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