Top Democrats Warming Up To Denying GOP A Chance To Leverage Debt Limit

[In It to Win It]

HuffPost via Yahoo News

Democratic congressional leaders signaled Sunday they’re willing to consider raising the federal debt limit during the upcoming lame-duck session of Congress, while both chambers of Congress remain safely in Democratic hands.

Dealing with the debt limit now instead of only a few weeks or days before the Treasury Department is projected to run out of borrowing room would be a break from Congress’ past pattern. But it also would let Democrats deprive Republicans of the chance to leverage it in the next two years if they win the House by holding an increase hostage for GOP priorities.

“We’ll see what they contend that they want to do. But our best shot I think is to do it now,” House Speaker Nancy Pelosi (D-Calif.) said on ABC’s “This Week With George Stephanopoulos.

“Again, winning the Senate gave us a lot of leverage for how we go forward if we don’t do it in the lame duck. But my hope would be that we could get it done in the lame duck.”

[JohnSJ]

1. Nothing to lose, and everything to gain

[dsc]

11. actually the time this will take will cost us

probably codifying marriage equality. That isn't to say we shouldn't do it, given the stakes to the economy, but something won't get done so this can.

[maxsolomon]

12. Filibuster.

Your preferred legislation for the Lame Duck session won't clear Cloture.

[dsc]

14. supposedly we are close to a deal

and given that Baldwin is one saying that, I tend to believe it.

[maxsolomon]

22. that would be great.

i don't trust a repuke as far as I could toss their giant fat heads.

[JohnSJ]

17. In 2021 the Senate voted a one-time exception to the filibuster for the debt ceiling. No reason

why that can’t be done again in the lame duck

[Emile]

13. I trust they can do more than one thing at a time!

[dsc]

15. they actually can't

floor time can only be used for one thing at a time. So the x number of hours devoted to the debt limit raise can only be used for that.

[Demsrule86]

21. We have no choice.

[republianmushroom]

2. LIKE IT

[dflprincess]

3. Sounds like a good idea

But, can they just abolish it instead so we don't have keep playing this game?

[Renew Deal]

4. McConnell and McCarthy would prefer that too.

The debt limit stuff is a playground for lunatics. I'm sure republican leadership would love to make it go away.

[4now]

5. I like the way that you cite the article source and the website hosting the article.

Very cool.

[In It to Win It]

6. Haha! Thanks. I do it reduce confusion so that people know it's not a Yahoo article

even though it's on Yahoo's website. I've seen people be confused by that quite a lot.

[GreenWave]

7. Start quacking lame ducks.

[roamer65]

8. Eliminate it.

[Wounded Bear]

10. So much this...it's turned into leverage for lunatics...nt

[BlueIdaho]

20. THIS x 1,000!

It serves no productive function.

[chriscan64]

9. Lucy takes football.

"Sorry, Charlie Brown"

[jalan48]

16. Why not? What's the argument for not doing it?

[ananda]

18. Do it Dems. Save Medicare and SS.

Thank you in advance.

[republianmushroom]

19. LIKE IT

[live love laugh]

23. Maybe the Republicans will STFU next time.

[CitizenZero]

24. This Is Critical

I trust Nancy Pelosi to do the right thing. The threat to Social Security and Medicare is very high. Radical Right Wingers want to come after it. Head them off at the pass while we still have the House.