Author Topic: Let the Debt Ceiling Political Games Begin!  (Read 456 times)

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Offline Eupher

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Let the Debt Ceiling Political Games Begin!
« on: October 06, 2021, 05:40:59 PM »
Actual title - McConnell Dangles Short-Term Debt Limit Increase. Will Schumer Bite?

Not too many senators can play the political game as well as McConnell, it could be argued, so this will be interesting.

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Senate Minority Leader Mitch McConnell is offering Democrats a lifeline. On the fast-approaching deadline to increase the debt limit, he is dangling a short-term increase — perhaps to the end of 2021 — that would allow the Democrats to go forward using normal procedures and set a fixed dollar amount for how high the debt can be increased.

The GOP still won’t vote for an increase but won’t stand in Schumer’s way if he wants to pass an increase on a party-line vote.

CNBC:

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"To protect the American people from a near-term Democrat-created crisis, we will also allow Democrats to use normal procedures to pass an emergency debt limit extension at a fixed dollar amount to cover current spending levels into December,” he said in a statement posted to Twitter.

“This will moot Democrats’ excuses about the time crunch they created and give the unified Democratic government more than enough time to pass standalone debt limit legislation through reconciliation,” the Kentucky Republican added.

Additional pressure for Schumer to accept McConnell’s offer is coming from Senator Joe Manchin, who is refusing to suspend the filibuster rule to pass a debt limit increase or suspension.

Fox News:

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“I’ve been very, very clear where I stand, where I stand on the filibuster,” Manchin told reporters Wednesday. “Nothing’s changing. But the bottom line is we have a responsibility to be the adults. Our leadership has a responsibility to lead and that’s what I’m asking, imploring them to do.”

Democrats will be left with little option but to look at pushing through a ceiling hike by way of budget reconciliation – an option that Senate Majority Leader Chuck Schumer, D-N.Y., said last week was a “non-starter.”

McConnell has seen the polling showing Democrats would be blamed far more than Republicans for default.

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Just 1 in 5 voters would blame Republicans if the U.S. failed to raise the debt ceiling and defaulted on its national debt, the poll reveals, despite Democrats’ clear attack on GOP strategy.

That said, about 2 in 5 voters said they would blame both parties equally, while 31 percent would find Democrats culpable.

When broken down by party, 56 percent of Republican voters — rather unsurprisingly — said they would blame Democrats, but just 32 percent of Democrats said they’d think the GOP at fault.
That said, it all depends on what number McConnell has in mind for a debt limit. If McConnell wants to blow up the Democrats and the Biden administration, he can throw out a number that would prevent the Democrats from passing their gargantuan spending plans. If that’s the case, Schumer would have no choice but to go the reconciliation route and the Democrats would be tarred with the whole debt limit mess.

McConnell’s end game is to block the Biden agenda without appearing to block it. It will be interesting to see how it all plays out over the next 10 days.

https://pjmedia.com/news-and-politics/rick-moran/2021/10/06/mcconnell-dangles-short-term-debt-limit-increase-will-schumer-bite-n1522153?utm_source=piano&utm_medium=onsite&utm_campaign=582
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Offline Eupher

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Re: Let the Debt Ceiling Political Games Begin!
« Reply #1 on: October 06, 2021, 06:14:10 PM »
Bonchie explains it very well.

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Politics is a delicate dance when dealing with an institution as intricate as the Senate, and that’s especially true when one doesn’t hold a majority. Every move affects the next, and sometimes, moves meant to paint the other side into a procedural corner are misinterpreted as something they aren’t.

Perhaps that’s why some on the right are claiming that Mitch McConnell “bailed out” Chuck Schumer this afternoon when he offered the Democrat majority leader a short-term debt limit increase.

Lotsa Twatter crap!  :rotf:

https://redstate.com/bonchie/2021/10/06/cocaine-mitch-backs-chuck-schumer-into-a-corner-and-mazie-hirono-freaks-n452818
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Offline Eupher

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Re: Let the Debt Ceiling Political Games Begin!
« Reply #2 on: October 06, 2021, 06:20:37 PM »
From bonchie's post, linked above:

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The move also relieves pressure on Joe Manchin, who will be under immense assault if a shutdown happens, while at the same time highlighting that the Democrats could fix this themselves in short order if they wanted.

It occurred to me that Cocaine Mitch could very well recognize that Manchin's line-in-the-sand position is political claptrap and that if pushed (as he would be if a shutdown occurs), Manchin would fold like a cheap house of cards. Relieve the pressure on him before it even happens, and Manchin can stick to his so-called "guns" -- which is negotiable anyway.
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Offline old dog 2

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Re: Let the Debt Ceiling Political Games Begin!
« Reply #3 on: October 06, 2021, 06:47:49 PM »
Curious to know.  Just how high do the democrats want to raise the ceiling?
Truly, whoever can make you believe absurdities can make you commit atrocities.  - Voltaire

Offline DLR Pyro

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Re: Let the Debt Ceiling Political Games Begin!
« Reply #4 on: October 06, 2021, 06:59:20 PM »
Curious to know.  Just how high do the democrats want to raise the ceiling?
about as high as Uranus is far from the earth...
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Offline old dog 2

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Re: Let the Debt Ceiling Political Games Begin!
« Reply #5 on: October 06, 2021, 07:13:38 PM »
about as high as Uranus is far from the earth...

Would that be in dollars per mile, foot, inch or micron?
Truly, whoever can make you believe absurdities can make you commit atrocities.  - Voltaire

Online DefiantSix

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Re: Let the Debt Ceiling Political Games Begin!
« Reply #6 on: October 06, 2021, 07:40:51 PM »
So long as the ONE logical and reasonable course of action here - requiring the shit stains in Congress to spend within their means and not one cent more - is not even being discussed in jest here, I refuse to even ligitimize this particularly bad brand of kubuki theatre in the slightest.

If any of us attempted to get away with how Congress-shits run a budget, we'd be in pound-you-in-the-ass prison for the rest of our days for felony fraud and embezzlement, and I see no reason why Congress-shits should be any different.
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Offline Eupher

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Re: Let the Debt Ceiling Political Games Begin!
« Reply #7 on: October 10, 2021, 06:49:27 AM »
Derek Hunter's analysis strikes a chord with me, and while I have no earth-shaking fondness for The Murder Turtle (he's a professional politician, which automatically puts him in my own shitbox), there is no doubt he's a masterful Senate parliamentarian and tactician.

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I was a decent hockey player and an average baseball player, but there is no sporting event that exists that I don’t know exactly what the participants should have done. If they had all, and I do mean all, listened to me, they would have easily won or succeeded at whatever personal objective they were attempting to achieve. You’re probably the same way. It’s called “Monday Morning Quarterbacking” for a reason, and everyone is guilty of it. Sometimes, however, no matter how insistent the “quarterbacks” are after the fact, there really weren’t that many options at the time. You get that when the people playing quarterback never actually played football in real life.

Politics is the ultimate sport for the un-athletic. It’s really easy, there are no barriers to entry and no consequences for being wildly wrong. Opinions are, after all, like exactly what the old saying says and for that very reason.

That being said, we all do have them. And in today’s day an age, nearly everyone has a show somewhere: cable, online, radio, podcast, whatever. All of those venues are now like what opinions are like, only with more people are literally the things “everyone has.”

Watching what transpired in the fight, if you can call it that, over the debt ceiling this week, that analogy, biological obscenity and all (and especially), is appropriate. Who is “right” and who isn’t in your Monday Morning Quarterbacking depends on how deeply you want to pander and to whom. The reality, as is usually the case, is completely different.

Blowhards insist “Mitch McConnell sold out!” It’s easy to make this claim, and there’s no real downside. Their audiences aren’t going to question them, they trust these people. That trust makes the nature of the lack of accuracy all the more problematic. I hesitate to call it a lie simply because some of these people may not know any better – in the pundit game it is much easier to be bombastic than it is to know what you’re talking about, and you’re rewarded handsomely.

So, when they say McConnell “sold out,” maybe they think he did.

And maybe he did, we’ll never really know. But there are other options to consider before jumping to the easy conclusion.

The most obvious possible alternative, and frankly the most likely, is that what McConnell did saved the filibuster, at least for now. Democrats desperately want to get rid of it, this fight would’ve been perfect cover.

Yes, Democrats could have raised the debt ceiling on their own through a reconciliation vote, but I don’t believe they wanted Republican votes to end a filibuster so they could say both sides were to blame for the trillions Democrats are looking to add to the debt.

Let me tell you why that doesn’t matter. First, so few people in Congress of either party actually care about the debt to matter, same for the public. Second, if Democrats had blown up the filibuster, which this was a tactic to do, it would have given them cover to ram through their massive “human infrastructure” bill. Hear me out on this.

Remember the nomination of Neil Gorsuch to the Supreme Court? Democrats had already ended the filibuster on every judicial nomination except the Supreme Court. When Gorsuch was chosen to replace Antonin Scalina, it wasn’t going to make a difference in the balance of the court. There was no reason to filibuster, there was nothing on the line. They did it anyway, knowing full-well Republicans would do what Democrats had done and gotten rid of the 60 vote threshold, which is what happened.

No one cared, and barely anyone noticed. Then came the retirement of Justice Anthony Kennedy, the ultimate “swing vote” on the court, and the nomination of Brett Kavanaugh to replace him. That would impact the court, and Democrats had absolutely nothing they could to block it. They tried, but lies can’t replace procedure.

Democrats want to get rid of the filibuster, desperately, but they know if they simply do it to ram a massive entitlement program or giant spending bill the public would punish them. There’s also the problem that many of their Members are on record saying they wouldn’t get rid of the filibuster. There’s a difference if they break their word to protect the country from default and financial ruin, which they claim about the debt ceiling, and if they break it for a massive spending bill that subsidizes their donors and friends.

By ending their filibuster on the debt limit vote, McConnell prevented Democrats from ending the filibuster for any reason other than naked politics, which is exactly what they don’t want to happen. Their cover was gone and they’d been boxed in.

When you can’t get your way, it’s best to create a scenario where your opponents have to pay the highest price possible for getting theirs. It’s the only thing that’ll give them pause, and your only remaining shot an ultimate victory.

What will Democrats do now? We don’t know. But we do know they would’ve gutted the filibuster under the guise of “saving the country from default.” With it gone, it would’ve been game on for whatever else they wanted to pass. But that dam wasn’t broken, it’s still there now. Which makes it harder and costlier politically if they do it in the future for issues that aren’t “emergency” matters.

You can hate Mitch McConnell for a lot of things, any reason you want, really, what the hell do I care? But whatever reason you want to hate him for should be based on reality. And the reality is, no matter how much blowhards whine and pander to their audiences to sounds “super conservative,” what transpired this week was the smart play. Every honest Monday Morning Quarterback knows that’s the case.

https://townhall.com/columnists/derekhunter/2021/10/10/sorry-but-mcconnell-actually-did-the-right-thing-n2597204
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