House votes to pass debt ceiling bill in win for McCarthy

[SuperDS77]

You don't know that.

The bill passed. What is in the bill IS the marker, regardless of motivation.

Sending a message to Kevin's voters..that's it.

Fo sho!

 

[Plasmaball]

The bill passed. What is in the bill IS the marker, regardless of motivation.

Fo sho!

It's not the marker at all. It's already doa.

A marker would mean they will consider it

 

[jpn]

Biden tweeted at the House Republicans who claim they didn't vote to slash Veterans' funding when they passed their silly bill the other day:



Spoiler: Their answers have to be "Yes" and then "No," which means that yes indeed, they voted to cut Veterans' funding by 22%.

Just simple logic.

 

[SuperDS77]

Biden tweeted at the House Republicans who claim they didn't vote to slash Veteran's funding when they passed their silly bill the other day:

As if Biden made that chart!

What is next? A Venn diagram? Where is Kamala when you need her?

 

[ColdHardTruth]

(CNN) House votes to pass debt ceiling bill in win for McCarthy


--

It appears Speaker McCarthy passed a Bill out of his caucus. But did he craft a Bill that can pass into law? That's the real test.

In its current form it will never make it through the senate.

 

[jpn]

As if Biden made that chart!
What is next? A Venn diagram? Where is Kamala when you need her?

Yeah, I assume the President of the United States doesn't spend his time pecking out memos himself, getting the spacing right, lining up the margins.

 

[jpn]

In its current form it will never make it through the senate.

Gee, ya reckon? Which part is a problem?

Slashing every government program (including Veterans' Affairs) by 22%?

Or repealing Biden's star accomplishments including funding for climate change and infrastructure projects even Republicans are falling all over themselves to receive credit for?

Which would give Senators the most heartburn?

 

[Chomsky]

Don't need a bill

They need to raise the debt ceiling

They all know it. Just playing it for political gain.

In the end, like always, they will raise the debt ceiling. Just hope they don't do too much damage before they do the inevitable.

Remember though, damaging the economy under Biden could be seen as a positive fallout in GOP world.

 

[ColdHardTruth]

Gee, ya reckon? Which part is a problem?

Slashing every government program (including Veterans' Affairs) by 22%?

Or repealing Biden's star accomplishments including funding for climate change and infrastructure projects even Republicans are falling all over themselves to receive credit for?

Which would give Senators the most heartburn?

The entire bill?

 

[Kushinator]

Remember though, damaging the economy under Biden could be seen as a positive fallout in GOP world.

They are hoping to crash the economy one way or another and then exclaim, "See we told you Biden was bad for the economy, so elect us to cut taxes and regulations while increasing government spending.

 

[mrjurrs]

As if Biden made that chart!

What is next? A Venn diagram? Where is Kamala when you need her?

Forget the graphics, which part is not true?

 

[mrjurrs]

They are hoping to crash the economy one way or another and then exclaim, "See we told you Biden was bad for the economy, so elect us to cut taxes and regulations while increasing government spending.

Even their bill this year is dedicated to political power. Why else would they suggest doing the same thing next year during election year?

 

[Kushinator]

Even their bill this year is dedicated to political power. Why else would they suggest doing the same thing next year during election year?

Cutting government spending by such a degree would surely lead to a recession. They are banking on voters being too stupid to understand the catalyst.

 

[reflechissez]

Cutting government spending by such a degree would surely lead to a recession. They are banking on voters being too stupid to understand the catalyst.

How did this work for them the last time?

 

[Kushinator]

How did this work for them the last time?

Depends on how you look at it.

 

[upsideguy]

In ADDITION to sending a message, McCarthy and the GOP led house have laid down a marker. A reference point for the coming negotiations.

Not really .... Most of what is in that bill is off the table for discussion on raising the debt limit. They make for a fine budget discussion points, but that is not what is at play here. Yes, there maybe a couple of lesser points that Biden could concede to give McCarthy an illusion of victory, but substantively the bill is DoA and not worth the paper it occupies. Ultimately, if McCarthy is unwilling to break from / stand up to the freedom caucus in getting this done, we all have a big problem.

McCarthy did show some real leadership / strength of conviction in answering questions from a Russian reporter in Israel, saying some things about the American commitment to Ukraine that not all the wack-a-doos in his party will agree with. Perhaps he is trying out a set of balls for the first time in his life knowing he is going to need to know how to use them in the next few weeks.

 

[Rawley]

In its current form it will never make it through the senate.

DEms can always choose to default on the debt.

 

[multivita-man]

Remember though, damaging the economy under Biden could be seen as a positive fallout in GOP world.

I'm guessing at least a handful of House Republicans are making that calculation/argument behind closed doors. The concern all along has been what happens if McCarthy loses a handful of the radicals who disagree with whatever he's prepared to sign. Passing the House bill was done presumably just to put pressure on the White House and Senate to see how much they'd give in.

I predict that the WH and Schumer are going to make it clear that most of what's in the bill is not negotiable. I think McCarthy would be willing to compromise on that front if he could just walk away claiming he got some kind of concessions from the White House. I'm not sure that there wouldn't be 5 or 10 GOP House members who'd try to sabotage whatever McCarthy agrees to - that's the problem. And remember, McCarthy made a deal with the devil to become House Speaker. As I recall, a single angry House Republican could stall everything and call for a new Speaker.

And this is where I think things could get weird because my sense is that there's a contingent of House Repubs who never wanted McCarthy to become Speaker and who secretly want someone else, like Steve Scalise, or another member with more bona fides as a MAGA conservative. I think it would be stupid and suicidal for MAGAs to trash McCarthy and let the debt ceiling deadline pass just to make a point to Biden - they would prove that they can't govern at all. The best outcome they can hope for is staying unified and forcing Biden to make more concessions than he initially planned to, making him look weak and indecisive while still getting the debt ceiling across the finish line.

 

[reflechissez]

Not really .... Most of what is in that bill is off the table for discussion on raising the debt limit. There maybe a couple of things that can be done, but if McCarthy is unwilling to break from the freedom caucus in getting this done, we all have a problem.

McCarthey did show some real leadership / strength of conviction in answering questions from a Russian reporter in Israel, saying some things about the American commitment to Ukraine that not all the wack-a-doos in his party will agree with. Perhaps he is trying out a set of balls for the first time in his life knowing he is going to need to know how to use them in the next few weeks.

He has indeed made a Faustian bargain.

 

[Rawley]

Gee, ya reckon? Which part is a problem?

Slashing every government program (including Veterans' Affairs) by 22%?

Or repealing Biden's star accomplishments including funding for climate change and infrastructure projects even Republicans are falling all over themselves to receive credit for?

Which would give Senators the most heartburn?

GOing back to the spending levels from four months ago? The HORROR. the INHUMANITY

 

[jpn]

GOing back to the spending levels from four months ago? The HORROR. the INHUMANITY

You're just being silly. It does a lot more than that.

https://www.cnn.com/2023/04/20/politics/what-is-in-house-debt-ceiling-bill/index.html

Proposed GOP cuts would slash $30 billion from veterans spending

Opinion: House Speaker Kevin McCarthy has unveiled sweeping proposed budget cuts in a bargain with the Biden administration over raising the nation’s debt limit.

www.militarytimes.com

“Limiting spending to FY 22 levels would result in a cut of six percent to all agencies for FY 24″ if applied across the board.​

​

But it is “inevitable,” he wrote, “that the cuts will not be applied evenly to all programs and agencies, because it has been made clear that areas such as defense and veteran’s health will not be cut but could instead be increased.”​

​

If these programs are shielded from cuts, “this will result in at least a 23% reduction to all other programs for FY 2024, with the potential for the cuts to grow much higher if the protected programs receive increases or the list of exempt programs expands,” Richtman relayed.​

 

[Kushinator]

DEms can always choose to default on the debt.

Republicans are using the debt ceiling to gain concessions. Hence, any default is on them. I do believe a considerable amount of voters are not educated enough to comprehend the situation.

 

[Rawley]

You're just being silly. It does a lot more than that.

Nope. Read your own links. "Republicans have promised to reduce funding to fiscal year 2022 levels"

Not increasing funding is not a "cut" THat is only bullshit fearmongering Washington DC speak.

 

[Chomsky]

I'm guessing at least a handful of House Republicans are making that calculation/argument behind closed doors. The concern all along has been what happens if McCarthy loses a handful of the radicals who disagree with whatever he's prepared to sign. Passing the House bill was done presumably just to put pressure on the White House and Senate to see how much they'd give in.

I predict that the WH and Schumer are going to make it clear that most of what's in the bill is not negotiable. I think McCarthy would be willing to compromise on that front if he could just walk away claiming he got some kind of concessions from the White House. I'm not sure that there wouldn't be 5 or 10 GOP House members who'd try to sabotage whatever McCarthy agrees to - that's the problem. And remember, McCarthy made a deal with the devil to become House Speaker. As I recall, a single angry House Republican could stall everything and call for a new Speaker.

And this is where I think things could get weird because my sense is that there's a contingent of House Repubs who never wanted McCarthy to become Speaker and who secretly want someone else, like Steve Scalise, or another member with more bona fides as a MAGA conservative. I think it would be stupid and suicidal for MAGAs to trash McCarthy and let the debt ceiling deadline pass just to make a point to Biden - they would prove that they can't govern at all. The best outcome they can hope for is staying unified and forcing Biden to make more concessions than he initially planned to, making him look weak and indecisive while still getting the debt ceiling across the finish line.

I think McCarthy's in a hard place, and Dems will throw him a bone at best.

 

[mrjurrs]

Cutting government spending by such a degree would surely lead to a recession. They are banking on voters being too stupid to understand the catalyst.

I'm a bit flummoxed. Not sure what my market position should be in the next month. Any thoughts?