Posted on 05/24/2023 7:37:13 AM PDT by SeekAndFind
The rollercoaster debt-ceiling talks are back at a stalemate amid a full-throated effort by the most conservative members of Kevin McCarthy’s caucus to preemptively kill any bipartisan deal.
Influential Rep. Chip Roy (R-TX) told a right-wing host Tuesday night that “my position is to hold the damn line” and force a GOP-only plan into law, one of the many similar comments from Republicans in recent hours.
“I don’t even care about the negotiations going on at the White House,” he added.
The GOP's internal dynamics are having a direct effect on the talks. House Speaker Kevin McCarthy abruptly shifted his tone Tuesday just hours after optimistic comments in the Oval Office.
Late Tuesday night, a lead member of McCarthy’s negotiating team told reporters that talks were now off unless they see “fundamental change” from the White House.
The conservative rebellion is a mirror of sorts to what President Biden is confronting on his left flank, with many Democratic lawmakers similarly skeptical of concessions.
The unrest on both fringes is raising new questions not just if a deal can be struck — but whether it could then even pass Congress in time to avoid a potential default on June 1.
For now, many in the business world are still planning for compromise. CFRA Research Chief Investment Strategist Sam Stovall told Yahoo Finance Tuesday “most people on Wall Street think that cooler minds will prevail.”
But he added a warning: “should the worst happen, history then tells us, watch out because we could enter into a new bear market.”
The conservative distaste surfacing online and in person reflects the official position of the powerful House Freedom Caucus.
(Excerpt) Read more at finance.yahoo.com ...
McCarthy is on a VERY short leash. Only takes one Republican to get a vote to vacate the Speaker’s position.
McCarthy has virtually no room to negotiate. The conservatives did the nation a great service during the race for Speaker.
Yep, don’t get your dander up over something that has been planned uniparty to succeed.
Never any left wing hosts on TV, right Yahoo?
They are living up to their original name:
The Tea Party Caucus.
👍😎👍
The GOP-led House left Capitol Hill on Thursday for the chamber’s annual Memorial Day recess without a debt limit agreement with the White House as the clock ticks.
The House calendar, set by Majority Leader Rep. Steve Scalise, shows members won’t return to Washington, D.C., until Monday, June 5th. Which is, coincidentally, when Janet “Inflation is Transitory” Guru Yellen moved the “We’re gonna run out of money!!” goalpost to.
Yeah, I noticed she moved the “we’re all going to die” date.
If she said it is July 19th, we’d be OK until then?
Game playing idiot pols!
Steve Bannon:
https://gettr.com/post/p2i5njib8c5
Chop Roy:
https://twitter.com/chiproytx/status/1662505442025652226
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