Key GOP chair: This is 'the best time' for a debt ceiling crisis

[LetMyPeopleVote]

The GOP is going to force a default on our national debt

Link to tweet

https://www.msnbc.com/rachel-maddow-show/maddowblog/key-gop-chair-best-time-debt-ceiling-crisis-rcna76399

This morning, the majority leader returned to the floor and reemphasized the same point. “Earlier this week, House GOP members, including the chairman of the House Budget Committee, said now is ‘the best time’ to double down on debt ceiling brinkmanship and hostage taking,” Schumer said, adding, “This is a stupendously bad idea. This is an idea that has no logic, has no linear thinking in it at all.”

I couldn’t help but wonder if perhaps the Democratic leader was taking some creative license. Perhaps the original quote wasn’t as outrageous as a three-word excerpt made it seem. Maybe the context would be more forgiving.

Or maybe not. Punchbowl News reported yesterday:

The recent collapse of two large regional banks rattled global markets, raising concerns about financial stability during a precarious moment for the U.S. economy. Would this backdrop of uncertainty, we wondered, cause House Republicans to grow wary of launching a debt limit showdown? From our conversations with top GOP lawmakers at the House Republican retreat this week in Orlando, the answer is a hard no. Instead of expressing caution, senior GOP lawmakers are leaning into their plans to demand spending cuts in return for raising the nation’s borrowing limit.

It was this same report that quoted Republican Rep. Jodey Arrington of Texas, the chairman of the House Budget Committee, saying, “This is the best time to do it.”,....

I’m reminded of a column The Washington Post’s Catherine Rampell’s wrote last week that the GOP congressman might want to read.

A plea to lawmakers: If it was a bad idea to threaten default on U.S. debt before, it would be astoundingly, colossally idiotic now. Recent financial-market turmoil — in regional U.S. banks, as well as some of the larger European institutions — suggests there might be much more fragility in the financial system than previously understood. In a sane world, politicians might respond to this new information constructively.

Alas, as Arrington has made clear, “colossally idiotic” tactics are taking precedence over “constructive” policymaking.

[pdxflyboy]

1. Where is that trillion dollar coin?

N/T

[dem4decades]

2. I know it's a terrible thing to say but fuck it, if the Republicans want to destroy the whole thing

Let them. I'd rather fight for survival than be held hostage forever.

[Matthew28]

3. If they do

Then the Republicans will be completely wiped out in the 2024 election!!!

[Raftergirl]

4. These are not smart people. This will not end well for them.

[The Unmitigated Gall]

5. Fucking pukes.

Go for it.

[ZonkerHarris]

6. The goal of Republicans is to destroy the American social structure so a dictatorial system can

be installed.
So destroying the economy would be seen as required to proceed.

[keithbvadu2]

7. Dick Cheney... deficits don't matter.

https://www.bing.com/search?q=cheney+deficits+don%27t+matter&form=ANNTH1&refig=6b872840465543d9856422fa377f3ce2&sp=1&lq=0&qs=SSA&pq=cheney+debt+does+not+matter&sc=1-27&cvid=6b872840465543d9856422fa377f3ce2

Dick Cheney... deficits don't matter.

(Unless they are democratic deficits)

[Hermit-The-Prog]

8. Gerrymandering gave us the colossally idiotic Jacketoff Gym Jordan.