McCarthy Aims For Wednesday Vote On Debt Ceiling Budget Deal – TPM – Talking Points Memo

I need help to understand the Rules Committee drama. First, who is the chairperson? Is it Roy? Second, if the Republicans refuse to vote it out of committee and Democrats need to add their votes to move it, why would they want to hold it up? The only alternative to this bill is default, and if it can’t be amended I don’t see how Dems could get anything better.

I don’t want his dick in my pants, especially so many years after his death.

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Wednesday…take your time folks. Not like there’s any hard deadline coming up or anything.

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The second-person pronoun refers to the unfortunate Mr. Haggar on the other end of the line.

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It is almost as if he knows what he is doing (because he does), unlike that other guy (although I guess he knew what he was doing in a very different sense).

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Instead of “your”… I use “one’s”. More impersonal that way

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Well, the GOP is big on reading (phonics) and policy, so no need to rush into anything.

/s

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It takes hard deadlines to get the legislative branch to do most anything. And it is designed that way
Typing on a phone with my fat fingers ain’t easy

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I know. I had heard this would come up for a vote today. Seeing it will happen tomorrow makes my stomach churn a bit.

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Yes, but I can’t escape the sinking feeling that Biden basically just kicked the can down the road a little bit, and that’s all. Maybe it was the best he could do, given the circumstances. I don’t know. But some future Democratic president—maybe Biden himself—will have to go through this rigmarole all over again. Whoever that is, I’ll bet they wouldn’t have minded too much if Biden had just minted a platinum coin (or whatever) and eliminated debt ceiling extortion once and for all.

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Biden understands that entertainment has its place and so does competence.

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I think there is a committee vote today. (And that may be the chief opportunity for mischief-making.)

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One wonders what doltish Kevin McCarthy says to the insurrectionist wing of his party.

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There is a process once a bill is placed in the hopper. That usually takes 3 days or more before there can be a floor vote. Since this was just dropped, what, Sunday, they are on schedule.

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Every budget is going to be a nightmare as long as the crazies are still running the Republican party. It was bad enough before.

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I don’t know… having LBJ’s dick in one’s pants still sounds way-personal.

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I know I wouldn’t want to be working for Janet Yellen right now. Christ, I’d be even more bald than I already am.

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Issuing new debt beyond the statutory debt ceiling means vastly increased borrowing costs precisely because it’s not authorized. Minting the coin is theoretically viable, but it’s also an inflationary gimmick. Eliminating the debt ceiling altogether is the wisest policy, but that just means it’s not happening without substantial Dem majorities in both houses. And while I can make a damn fine statutory argument that Congress’s spending commandments supersede prior debt limits, that just gets you right back to the vastly increased borrowing costs referenced in sentence no. 1.

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Trivia question, who was the last Republican nominee to be endorsed by the NAACP?

Richard Nixon in 1960.

Nixon actually deserves credit for several actions including things he did and tried to do for Civil Rights like provide a federal role in welfare. As of now, states and not the federal Government pay welfare and Nixon actually tried providing a federal minimum.

Nixon was far more of a supporter of Civil Rights than JFK. Just before the election Martin Luther King was thrown in jail. As he was Vice President, Nixon could not interfere with state action so under the radar he worked to get King released. JFK on the other hand while he did not oppose, unlike Nixon, was not known for his support of Civil Rights. But as JFK did not have Nixon’s limitations, called MLK’s wife and publicly called for his release.

Even though it was really Nixon who got MKL out of jail, JFK was given public credit resulting in MLK pulling his endorsement of Nixon in favor of JFK. As the election was razor thin close and anyone of a number of things would have switched it, clearly this was one of those things.

The problem for Republicans is after LBJ, because of 200 years of discrimination, about 90% of all Blacks were poor. This meant that once the Democratic Party stopped being the Party of racists and racism, the economic interests of Blacks aligned with Democratic policies.

Realizing that this meant Blacks were going to support Democrats at least at the national level, Nixon began the Republican decent into racism for political opportunity.

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I suspect he’s going to try to spike it after it makes it out of Rules and is ready to come to the floor. There’s gonna be a Truth Social post where he namechecks every R who’s expected to vote for it and he’ll threaten them with a primary challenge. His interests aren’t served by anything but default.

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