Debt limit antics this go 'round: same posturing for the base? Or for realz calamity?

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#202
I couldn’t find my post where I said the spineless Republicucks would cave and give the leftist filth almost everything they wanted, so I’ll let Chip Roy explain it.

 
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#203
Debt ceiling deal on the rocks? Rep. Jayapal Warns Democratic leadership 'should worry' about progressives supporting Biden's debt ceiling deal – and says she is 'not happy' as McCarthy insists 'there's not one thing in the bill for Democrats'

  • Progressives are warning they could put the debt ceiling deal in jeopardy
Now progressives are putting debt ceiling negotiations in jeopardy as they push back on some of what President Joe Biden agreed to in the deal struck with Speaker Kevin McCarthy.

Democratic Rep. Pramila Jayapal of Washington said she 'isn't happy' with some of the things she is hearing are included in the bill.

She told CNN on Sunday morning that Democratic leadership 'should worry' about progressives supporting the bill.

Meanwhile, McCarthy claimed Sunday that despite the deal, there is 'nothing in the bill' that Democrats could call a win.

'I haven't seen the text,' Jayapal told State of the Union host Jake Tapper on Sunday. 'We're all trying to wade through spin right now.'

She added: 'I'm not happy with some of the things I'm hearing about, but they are not cutting the deficit and spending.'

Rep. Jayapal: Dem leadership 'should worry' about progressives supporting Biden's debt ceiling deal | Daily Mail Online
 
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#206
Two parties: total crap dresssed in blue and crap but not as crappy dressed in red and they are only barely less crappy.
 
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#208
Caculator said:
Recall him. Default on this sham agreement
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This bunch was never going to accept any kind of compromise. When this bill fails the only alternative is a clean bill or stand back and watch the Republicans take the blame for burning it down. All Biden has to do is keep saying send me a clean bill and I'll sign it immediately.
 
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Hunerwadel said:
This bunch was never going to accept any kind of compromise. When this bill fails the only alternative is a clean bill or stand back and watch the Republicans take the blame for burning it down. All Biden has to do is keep saying send me a clean bill and I'll sign it immediately.
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What is your idea of a clean bill? An unlimited spendapalooza? You liberals are all about spend and spend and spend some more.
 
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jmacvols1 said:
McCarthy-Biden debt deal eliminates unspent COVID funds, blocks IRS expansion and reforms permitting

McCarthy described the deal as an "agreement in principle," and it rolls back domestic spending to fiscal year 2022 levels while limiting "top line federal spending to 1% growth for the next 6 years."

The debt limit would be raised by about $1.5 trillion until after the next presidential election as part of the agreement.

The outline of the deal includes clawing back tens of billions of dollars in unspent COVID-19 stimulus funds and streamlining the regulatory permitting process for energy projects with the first major reform to the National Environmental Policy Act (NEPA) since 1982, according to the House GOP document.

Most Republicans and some Democrats have complained NEPA’s red tape has been slowing energy production in America, from oil and gas drilling to new clean energy projects.

The agreement also reduces funding for the hiring of additional Internal Revenue Service agents by eliminating the fiscal year 2023 staff funding request for new agents.

It would cut $400 million from the Centers for Disease Control's "Global Health Fund" that House GOP leaders have said sends "taxpayer money to China and billions in other programs for the largest total rescissions package in history."

Student loan borrowers would also have to start repaying their student loan debts. Student loan payments were paused throughout the COVID-19 pandemic.

It also imposes a work requirement for some able bodied food stamp and welfare recipients, which the GOP memo boasts will “save taxpayer dollars, get Americans back to work.”

The agreement is also expected to include a formal rejection of Biden's "proposed new tax increases, new government mandates, and new federal programs."
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Sounds like so much BS ... and the GOP caved. So basically they made a negligible cut in the growth of federal spending. It's obese and out of control, but we'll lop a whole 1% off the growth. Yippee. Oh and the bit about rolling back domestic spending to 2022 levels - weren't the feds still operating "under an emergency plan" and still handing out covid funds? Then you have "creative accounting" like for the suspended student loans - would the cost of loan abeyance not be considered "spending"? Only our government could serve up a 5 ton hog and claim there's no pork in it. And that huge $400M cut from CDC's China Fund; wow, some government agencies misplace that much in a day ... some maybe a whole week.
 
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#213
Hunerwadel said:
This bunch was never going to accept any kind of compromise. When this bill fails the only alternative is a clean bill or stand back and watch the Republicans take the blame for burning it down. All Biden has to do is keep saying send me a clean bill and I'll sign it immediately.
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Burning what down? The treasury has plenty of cash to pay the interest on the debt. Oh and there’s enough to cover Social Security and Medicare payments as well.
 
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Boston Vol said:
Burning what down? The treasury has plenty of cash to pay the interest on the debt. Oh and there’s enough to cover Social Security and Medicare payments as well.
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Who would have thought it was that simple. Someone please inform congress and the President.
 
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#218
DC_Vol said:
This country’s finances are a disgusting mess and for reasons I don’t fully understand the people responsible for budgeting seem to have no care to doing the job of responsible budgeting.
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This country finances is controlled by lobbyists, interest groups, govt handouts, and 1% res who all put Congress in their back pockets. I have never understood how rich we make these guys and then the lower end of the spectrum will send in their donations as well.
 
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#219
Franklin Pierce said:
Debt ceiling deal on the rocks? Rep. Jayapal Warns Democratic leadership 'should worry' about progressives supporting Biden's debt ceiling deal – and says she is 'not happy' as McCarthy insists 'there's not one thing in the bill for Democrats'

  • Progressives are warning they could put the debt ceiling deal in jeopardy
Now progressives are putting debt ceiling negotiations in jeopardy as they push back on some of what President Joe Biden agreed to in the deal struck with Speaker Kevin McCarthy.

Democratic Rep. Pramila Jayapal of Washington said she 'isn't happy' with some of the things she is hearing are included in the bill.

She told CNN on Sunday morning that Democratic leadership 'should worry' about progressives supporting the bill.

Meanwhile, McCarthy claimed Sunday that despite the deal, there is 'nothing in the bill' that Democrats could call a win.

'I haven't seen the text,' Jayapal told State of the Union host Jake Tapper on Sunday. 'We're all trying to wade through spin right now.'

She added: 'I'm not happy with some of the things I'm hearing about, but they are not cutting the deficit and spending.'

Rep. Jayapal: Dem leadership 'should worry' about progressives supporting Biden's debt ceiling deal | Daily Mail Online
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WTH? I could see her say "spending" but she doesn't want to cut the deficit?
 
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#220
Debt limit deal would approve West Virginia pipeline, curtail environmental law

The deal announced by President Biden and House Republican leaders this weekend would legislate the approval of a controversial West Virginia natural gas pipeline and shorten environmental reviews under one of the nation’s bedrock environmental laws.

Included in the 99-page deal to lift the debt ceiling is the approval of the Mountain Valley Pipeline, a pipeline that would carry fuel from West Virginia to Virginia and has become a pet project of Sen. Joe Manchin (D-W.Va.).

Manchin, who would face reelection next year in ruby-red West Virginia if he decides to run, touted the inclusion of the pipeline as something he helped to secure.

The deal also shortens the time the federal government can take to assess a proposed project’s impact on the environment, limiting the most rigorous reviews to two years and less rigorous reviews to one year.

https://thehill.com/policy/energy-e...-virginia-pipeline-curtail-environmental-law/
 
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