These people ARE crazy….
Biden and Senate Democrats ain’t going fo0r this….
But after ALL the noise about Biden OVER spending?
House Speaker MCarthy & Co. are proposing and actual INCREASE along with cuts they KNOW ain’t going anywhere….
I HAVE said ALL along here?
The Debt Ceiling IS GONNA BE RAISED…..
Period….
They won’t admit it…
But they just DID….
House Republicans’ go-it-alone debt limit bill pairs a debt ceiling increase expected to last into next year with what Speaker Kevin McCarthy (R-Calif.) said would be about $4.5 trillion in savings generated in part by cutting Biden administration priorities.
The bill released on Wednesday — dubbed the Limit, Save, Grow Act — aims to raise the debt limit by $1.5 trillion or through March 31, 2024, whichever comes first….
…
The $4.5 trillion in “savings” for taxpayers that Republicans say are in the bill also come from a slew of proposals that have already been met with opposition from Democrats, including measures clawing back coronavirus funding previously allocated by Congress that they say has gone unspent and targeting the Biden administration’s student loans forgiveness decision and ongoing repayment pause….
…
Republicans see their black-and-white asks in a bill as a way to draw Biden to the negotiating table, though much of the package amounts to a Republican policy wish list that faces fierce opposition in the Democratic-led Senate….