'Doesn't matter': Democrats reject GOP's debt limit demands

[Nevilledog]

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Josh Chafetz
@joshchafetz
If Dems wind up having to use reconciliation to raise the debt limit, they should take the opportunity to raise it to something so insanely high as to constitute a de facto abolition of the limit.

'Doesn't matter': Democrats reject GOP's debt limit demands
Republican leaders say they don’t have the votes to pass a clean debt ceiling extension without slashing spending.
politico.com
6:23 AM · May 14, 2021

https://www.politico.com/news/2021/05/14/doesnt-matter-democrats-reject-gops-debt-limit-demands-488255

“In just four months, Joe Biden has proposed over $6 trillion in new spending,” the Texas Republican said. “That is wildly irresponsible and threatens the financial security of our nation.”

When asked this week if Democrats would use reconciliation to deal with the debt ceiling and exclude the GOP, Senate Majority Leader Chuck Schumer knocked Republicans for playing politics with the country’s financial security. But ultimately, he said, “We should get something done in the right way.”

Cruz said Republicans should use the debt ceiling as a crowbar to demand budget reforms, pointing to the debt ceiling standoff about a decade ago that ushered in an era of strict funding limits through the Budget Control Act.

“Historically, the debt ceiling has proven the most effective lever point for enacting meaningful spending reforms and structural reforms,” he said.

But when asked whether Republicans would be unbending in their demands for reform, Sen. Rand Paul (R-Ky.), a staunch fiscal hawk, said, “I doubt it. I will.”

*snip*

[Fullduplexxx]

1. Remind them of what Cheney said about deficits

[catbyte]

2. Why the hell not? The GQP only cares about the debt when a Democrat is sitting in the Oval Office.

Screw 'em.

[jimfields33]

3. I remember the world was going to end when we went to a trillion dollar debt in the 80's

We’re still here at 30 trillion.


By the way we only owe China 1 trillion of our debt. We actually owe more to Japan 1.3 trillion. We owe ourselves 21 trillion.