First of all?
Those who want President Biden to go around the House Republicans with a 14th Amendment throwdown need to stop….
Joe Biden spend decades in Congress….
He has no problem with the gave and take of these things…..
And he’as done this for the last decade from Presidential level….
There WILL be a agreement….
There WILL be cuts ….Not ALL the GOPer’s want for sure….
Democrats have the Presidency and the US Senate….
There WILL be a RISE in the debt ceiling….
Is up to the players in Congress and the White House….
No Treasury Sec Yellen….
“At the direction of the Speaker of the House we reengaged, had a very, very candid discussion talking about where we are, talking about where things need to be, what’s reasonable and acceptable, and that’s basically what’s going on right now,” Graves told reporters.
“This wasn’t a negotiation tonight,” he later said when asked if the two sides were coming any closer. “This was a candid discussion about realistic numbers, a realistic path forward and something that truly changes the trajectory of this country’s spending and debt problem.”
White House senior adviser Steve Ricchetti told reporters “we’re gonna keep working tonight” when leaving the Capitol.
But a key Republican negotiator is not confident about coming to an agreement this weekend, which Speaker Kevin McCarthy (R-Calif.) has said has to happen to allow legislation to pass through the House and Senate by June 1, the day Treasury Secretary Janet Yellen said the U.S. could default by…
A memo from the White House released this week said that if the topline discretionary number is set at that level, and if Republicans hold firm on commitments to not cut defense spending or the budget for the Department of Veterans Affairs and Homeland Security, other programs would be slashed by 30 percent.
The back-and-forth comes a day after both McCarthy and the White House had expressed optimism about how negotiations were progressing….
The President isn’t gonna do the 14th Amendment thing….
Senior Biden officials have told progressive activists and lawmakers in recent days that they do not see the 14th Amendment — which says the “validity of the public debt” cannot be questioned — as a viable means of circumventing debt ceiling negotiations. They have argued that doing so would be risky and destabilizing, according to three people familiar with the discussions.
The White House has studied the issue for months, with some aides concluding that Biden would likely have the authority to declare the debt limit unconstitutional as a last-ditch way to sidestep default. But Biden advisers have told progressives that they see it as a poor option overall, fearing such a move would trigger a pitched legal battle, undermine global faith in U.S. creditworthiness and damage the economy. Officials have warned that even the appearance of more seriously considering the 14th Amendment could blow up talks that are already quite delicate…
Top White House aides have largely dismissed the rising angst among progressives and other allies who feel left out of debt talks. Instead, the administration has effectively gone all in on a debt ceiling-and-budget agreement with Republicans that officials hoped to finalize as early as Sunday, the people familiar with the discussions said.
That would allow Biden to clinch the deal shortly after returning from the G-7 Summit in Japan, and give congressional leaders in both parties several days to lock down the votes needed to push through a debt ceiling increase….
Threats to Biden from the House Democrats on the left….
Dozens of House progressives on Friday warned President Biden that they won’t vote for a “bad deal” to raise the debt ceiling, urging him instead to invoke the 14th Amendment to the Constitution.
Why it matters: It ratchets up pressure on Biden from his congressional allies not to compromise as debt ceiling talks with House Speaker Kevin McCarthy’s (R-Calif.) team hit an impasse.
Driving the news: The Democratic lawmakers, in a letter to Biden obtained by Axios, wrote: “We, the undersigned, cannot support a harmful agreement that undermines our shared achievements, and we would choose a solution invoking the 14th Amendment of the Constitution over a bad deal.”…
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