Wednesday, August 2, 2017

Holding their own government hostage

Recall that the GOP controls the White House and both houses of Congress.

As with everything else, they can do whatever they want, provided only they can agree among themselves what it is they want to do.

All the same, this.

While O was president, the GOP repeatedly threatened to force government shutdowns in order to extract concessions from O and the Democrats in return for a hike in the debt ceiling.

And now, when not only the Congress but the presidency is their own?

Some of the conservative radicals (so-called because their radicalism about means sets them apart from the rest of the GOP conservatives whose radicalism about ends they fully share, but who reject radical means) are now trying to hold the government hostage to force the others to tie a rise in the debt ceiling to drastic spending cuts.

The moderates (as regards means) and the White House want a clean bill hiking the ceiling, ASAP.

As time runs out, Republicans still have no debt ceiling plan in place

The GOP-led Congress has only about a dozen joint working days left before the Sept. 29 deadline when the U.S. Treasury will no longer be able to afford the government's bills unless lawmakers raise the debt ceiling.

Treasury Sec. Steve Mnuchin has been sounding the alarm bells for months to get Republican lawmakers to act[.]

. . . .

Mnuchin has been urging lawmakers to simply raise the cap while budget director Mick Mulvaney has suggested GOP deficit hawks should demand the debt ceiling measure be coupled with spending cuts.

Anyway, this deadline looms while Trump obsesses about Russia, Republicans continue taking wild swings at health care, and Mitch McConnell tells Democrats where they can stick it on tax reform.

Never mind our debt rating and what default might do to the stock market Trump's so braggy about.

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