Enero 22, 2021

Republicans blamed for debt ceiling 'mess'

27 Agosto 2017, 11:04 | Bibiana Flor

Republicans blamed for debt ceiling 'mess'

White House Chief of Staff John Kelly stands in the door of Air Force One and watches President Donald Trump as he arrives in Reno Nev. Wednesday Aug. 23 2017

The budget resolution could also become part of the negotiations over raising the nation's debt ceiling, an issue coming to a head at almost the same time. Congress needs to pass a spending measure to keep the government open after September 30 - at the same time it's facing a deadline to raise the nation's debt limit. If the bill isn't signed by the president, the government will shut down. He badly needs a legislative victory, and he flat-out said this week he would risk a shutdown to get funding for his hallmark campaign promise, a border wall. "The last time Republicans shut down the government, their callous recklessness cost the American economy $24 billion and 120,000 jobs".

Sontia Bailey is one of those contract cafeteria workers who would not get paid if laid off during a shutdown, as most federal employees were during the 16-day partial closure in October 2013. In the 1970s and 1980s there were 14 shutdowns, most brief and some only partial.

Further complicating the task ahead is the threat of a government shutdown.

And this little more than 12 hours after statements by their respective offices attempted to smooth things over, insisting the two had meetings scheduled after the August recess to work on their "shared agenda". It now stands at about $19.8 trillion, very close to the actual national debt. The credit rating company, which still assigns the USA a top credit grade, believes "the probability of the United States missing a debt payment is low", and that interest payments would be prioritized even if the borrowing threshold isn't raised. If it does not, the government can not keep borrowing. Or is it some more critical failure of government?

GOP budgets would spend less on nutritional assistance, less on housing assistance, less on home heating assistance, less on Pell Grants, less on disability insurance, and generally speaking, less, less, less, less on everything the federal government does to try to support the living standards of the needy. So Washington continually borrows money to cover its bills. He said he looked forward to "pursuing changes in our tax code that will increase USA competitiveness, boost wages and expand opportunity for Americans". However, default likely could be staved off a few more weeks by extraordinary measures, analysts said.

The budget and debt cap are separate, but they are likely to become entangled, with Republican opponents of a debt ceiling increase likely demanding federal spending cuts. Lawmakers are still trying to figure out whether there is a debt bill that can pass with only Republican votes in the House, or whether they will need to move a bill with bipartisan support that doesn't contain any spending cuts.

In opinion polls during and after that shutdown, voters loudly disapproved of the Republican Party, which controlled the House of Representatives at the time.

What happened to Mexico paying - a bogus notion that nation resolutely rejected - as he promised many times?

President Donald Trump continues to personally attack republicans and the GOP leadership while the White House says they can still work with congress. "Yet now he apparently plans to hold the entire country hostage by shutting down the federal government in an effort to pry away billions of their hard-earned dollars for exactly this objective".

President Donald Trump keeps swiping at the leaders of his own party - but in one tweet, he incorporated some strategy on how to maneuver an increase in the debt ceiling through Congress.

If Trump's ultimatum is that it's either a wall or shutdown, we could see the standoff end with the first major legislative break-i.e., not just the occasional Twitter bickering-between congressional Republicans and the president.

FDR was generally unsuccessful, which meant that the conservative southern Democrats who he actively campaigned against by supporting their primary opponents were back in 1939 and, teaming up with Republicans, formed a conservative coalition that blocked progress on much of his domestic agenda.

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