Why do U feel like McCarthy caved?
It's been a long while since we GOPers have had such a strong and principled SOTH.
The “deal” is they get enriched and our country goes from 10 times bankrupt to 10.5 times bankrupt. American children and grandchilden will mostly live in poverty.
“We literally talked about where we were having disagreements and ideas. So to me that’s productive. Not progress, but productive.”
McCarthy
https://abcnews.go.com/Politics/biden-mccarthy-talk-debt-ceiling-10-days-left/story?id=99506699
I am so tired of this, We are going to default, BS. We were not going to default.
Only 8% of the federal budget is needed to pay interest on the debt.
Biden and Congress have access to the other 92% of federal spending that they could use to make sure that there is no debt default.
So McCarthy gets the headline today, only fools tomorrow. That’s going to be the typical outcome based on his and other Republicans past history in DC.
If Kevin caves too hard the conservative caucus may well pull the trigger on vacate the seat and oust him from the Speakership. In these uncertain times being third in line to the throne is especially appealing. He may force Biden’s people to cave to save himself. I wouldn’t bet the farm on it but it could happen.
I sincerely hope McCarthy agreed to eliminate every single Republican earmark in the build back better bill. I know the American public is gonna get shafted, but I'd just like to see those lame duck sellouts get the shaft too for once.
The possibility of default never existed in the first place. That fear mongering is a scam. There is always money coming in. They could only default if they chose to do it on purpose.
When was the last time a bi-partisan deal benefitted the nation?
The debt limit will increase (just in time) and both sides will say they won and nothing changes.
Oh we’re saved. /sarc
How is raising the debt ceiling somehow the result of a Biden cave?? We have all the dumbest people, don’t we folks? Hahaha
‘We The People’ will get screwed either way.
It’s all theater and agitprop.
There’s no way they’ll stop spending. There’s no way they’ll reduce any government programs or slash the government payroll. Government is an out of control monster (that we’ve built!) that produces NOTHING and consumes EVERYTHING in it’s path.
And it’s in neither party’s nature to change that. :(
Kabuki...............Perhaps at least this will end some of the inane hysterical end of the world fear mongering from the media and certain Dems.
In other words, they both agreed on the Common Core math they would use to show reductions in spending. Typically with a 10-year horizon or some other nonsense.
“Afterward, McCarthy told reporters early Monday afternoon that Biden would need a deal by “this week” in order for it to pass the House and Senate before the June 1 “X-date” when Treasury Secretary Jane Yellen has said the U.S. could default.”
The word “could” needs to be called out every time a politician says it.