The labor - backed Working Families Party launched an eleventh - hour on - line petition yesterday in hopes of convincing members of the NY delegation to vote «no»
on the debt ceiling deal struck by congressional leaders and President Obama, calling it «worse than anyone ever expected.»
So now the stakes are high, as The White House has refused to negotiate with the
GOP on a debt ceiling hike.
Instead, if I want to hear his latest
thoughts on debt ceilings, sequesters and Rob Ford I need to jump through the hoops of finding the show's Canadian license - holder, scan through the right episode (if I can find it) and then be entertained.
Her
answers on the debt ceiling were brilliantly crafted to maximize her heroic profile while utterly obscuring the costs of attempting to balance the budget in one year without raising taxes.
Rep. Charlie
Rangel on the debt ceiling: «Our whole nation's fiscal system and the international community, which depends on that, would collapse... if they don't work it out.»
Many people have compared the House Republicans»
position on the debt ceiling to a hostage - taking or a shakedown («nice economy you got there — it'd be sad if something bad happened to it»), and it's a good analogy in the sense that their power derives from their ability (and willingness) to destroy something of value to their political opponents.
Gibson and Rep. Tom Reed were the only two Republicans to vote «no»
on the debt ceiling bill, bucking House Speaker John Boehner in the process.
Even worse, Reed advocates a
default on the debt ceiling in a few weeks, which would cause major damage to our economy while threatening delivery of Social Security checks, Medicare payments and Veterans benefits.
Higgins said that it's important at this point that Trump is reaching out to Democrats — just as he
did on a debt ceiling and budget deal the president struck with Senate Minority Leader Charles E. Schumer, D - N.Y., and House Minority Leader Nancy Pelosi, D - Calif.
In European terms it would be considered politically toxic, but across the Atlantic the movement dragged the Republican party to the right and served to almost scupper talks in
Washington on the debt ceiling — an event Standard and Poor's cited when reducing the country's credit rating.
Washington (CNN)- Senate Majority Leader Harry Reid, D - Nevada, said in a statement issued Sunday that he signed off
on a debt ceiling agreement reached with President Barack Obama and Republican leaders, pending approval from his Senate Democratic caucus.
Each half of that equation has been each parties argument in the debt ceiling debate: Republicans don't want to vote
on the debt ceiling unless it includes spending cuts, and Democrats don't want to discuss the issue unless there are tax increases.
President Obama and lawmakers announced late Sunday that they had reached a deal
on the debt ceiling crisis, which still awaits full congressional approval today in order to meet the Aug. 2 deadline.
Putting up with a few shuttered federal agencies seems like an OK price to pay if it brings the extremists to the negotiating table in time for a
compromise on the debt ceiling.
By the time Congress gets to a
vote on the debt ceiling, the only option available to rational legislators» no matter how conservative or liberal» is to continue enabling the government shopaholic by increasing Uncle Sam's credit line.
On the debt ceiling, I believe that the Treasury, with extraordinary measures, will have enough wiggle room to fund the government at least through February.
The debt ceiling is similar, but different in that one key way:
on the debt ceiling, while the Republicans have similar problems getting votes from both sides of their party at the same time, passing nothing is not an option.
Recently Trump and the Democrats worked out a «deal»
on the debt ceiling and aid for Hurricane Harvey victims.