I'd prefer they figure out the spending on the front end when they pass legislation to fund things and abolish the debt ceiling tool they use to threaten non-payment for things they've already bought. In that regard, there is no spending they should balk at funding. Not paying for what we bought is immoral, puts economic risk on our own businesses and employees, and it hurts our own reputation. The die-hards in the electorate will notice and be heartened that "at least they tried!" But even if they pass the House, they'll be DOA in the Senate anyway and be quickly forgotten by the general public.
It starts in 6-7 days. Gov shutdown coming. The secret (or not-so-secret) deal is to hold the nation hostage by refusing to raise the debt ceiling until they get what they want. If Congress can't reach a deal, they want the treasury to shut down everything except for (tbd - that's what they are trying to figure out but so far, it's the military and ss) so Americans can feel the pain and their calculus is that would put the pressure on non-extremist (normal) people in Congress to cave to their demand. Jan. 19 debt limit deadline looms; House GOP prepares contingency plan - The Washington Post
Debt ceiling is going be breached in May...what are you talking about? Also the omnibus has then government funded until September...
“U.S. Treasury Secretary Janet Yellen said on Friday the United States will likely hit the $31.4 trillion statutory debt limit on Jan. 19, forcing the Treasury to launch extraordinary cash management measures that can likely prevent default until early June.”
Treasury does this every year. Doesn't mean there's a shutdown or were close to a default. We're still 4-5 months away
And the Republicans House has a not-so-secret plan to not raise the debt ceiling until they get what they want. That activity starts in 6-7 days. The last time this (holding the nation hostage over the debt ceiling) happen was in 2011 under a relatively much saner House. Over a 4-5M period, the refusal to raise the debt ceiling caused market volatility and a downgrade of the US credit rating. We came extremely close to defaulting. We are now going for a repeat with a nuttier House. This time, we are seeing reports that the secret contingency plan is to shut down the government. This means that the US can hold off defaulting a bit longer. That will cause pain and much more market volatility as the nation edge toward default. Thus, I'm saying gov shutdown is coming this time and the risk of default is much higher than in 2011.
I sort of have issues with the professional dress double standard anyway. Women get to wear tank tops in business settings while I’m expected to wear at the very least a button up shirt.
The difference is Obama was weak who cared about bipartisanship. Obama *wanted a balanced budget* and believed in tax cuts for the rich. The gop took advantage of his weakness and leveraged the ceiling. Biden has made it clear he isn't going negotiate cuts. They'll use the 14th amendment and the treasury will keep paying. Yellen is a former fed governor and knows her stuff. This Supreme court is business friendly and will never destroying the economy. Also they're looking into the mint the coin pretty seriously. They're going figure it out
I have heard that complaint before, but can't identify; I don't have to wear dress shirts unless I feel like it. I would kind of love a "guns out" GOP House caucus though -- it would really fit their vibe. Especially white tank tops with pro-Russian iron ons, and red neckties.
you need to stop lying the most vivid eg of Obama's political strength/savvy, awa bipartisanship, has been the passage of ObamaCare, despite the fact that Dems were out-numbered in both the House and Senate
