Wanted to be sure you saw this article in the Washington Post over the weekend about Mitch McConnell’s hypocrisy and refusal to work with Democrats to address the debt limit and ensure that America can pay its bills. Despite Congressional Democrats working with Republicans under the Trump Administration to keep America’s full faith and credit, McConnell has said Republicans won’t do the same under the Biden Administration.
Here are some highlights (or lowlights, as it were…):
“McConnell has declared that Senate Republicans will not vote to increase the Treasury’s authority to continue borrowing, which is the same as voting to allow a default. As he has done before, McConnell has essentially created a new rule out of whole cloth to justify his actions.”
“‘Let me make it perfectly clear. The country must never default. The debt ceiling will need to be raised. But who does that depends on who the American people elect,’ McConnell told Punchbowl News on Tuesday, acknowledging he will vote for a policy outcome he says he doesn’t want to occur.”
“‘Nobody gets to hold the American economy hostage. Right now, we’re in the middle of it, Mitch McConnell trying to establish a double standard,’ Sen. Ron Wyden (D-Ore.), chairman of the Senate Finance Committee, said in an interview Tuesday.”
“Because Democrats control the White House and both branches of Congress, his argument goes, they alone are responsible for safeguarding the government’s creditworthiness and preventing a potential economic calamity. No such rule exists, nor has it ever. In fact, almost every time the debt ceiling has been lifted, it has been done in bipartisan fashion under the regular Senate order that requires at least 60 votes to end debate on the legislation.”
“The goal is purely political.”
Here are some highlights (or lowlights, as it were…):
“McConnell has declared that Senate Republicans will not vote to increase the Treasury’s authority to continue borrowing, which is the same as voting to allow a default. As he has done before, McConnell has essentially created a new rule out of whole cloth to justify his actions.”
“‘Let me make it perfectly clear. The country must never default. The debt ceiling will need to be raised. But who does that depends on who the American people elect,’ McConnell told Punchbowl News on Tuesday, acknowledging he will vote for a policy outcome he says he doesn’t want to occur.”
“‘Nobody gets to hold the American economy hostage. Right now, we’re in the middle of it, Mitch McConnell trying to establish a double standard,’ Sen. Ron Wyden (D-Ore.), chairman of the Senate Finance Committee, said in an interview Tuesday.”
“Because Democrats control the White House and both branches of Congress, his argument goes, they alone are responsible for safeguarding the government’s creditworthiness and preventing a potential economic calamity. No such rule exists, nor has it ever. In fact, almost every time the debt ceiling has been lifted, it has been done in bipartisan fashion under the regular Senate order that requires at least 60 votes to end debate on the legislation.”
“The goal is purely political.”