The Senate brushes off a deadline to raise the debt ceiling


Bipartisan bipartisan vote biden McCarthy: The case of the Los Alamos-Bogoliubom congressman, Richard J. Graves

To win this speakership, McCarthy had to make concessions to one of the five families: the Freedom Caucus.

The California congressman, who has never been liked by the most conservative members of his Party, agreed to lower the threshold so that a vote could be taken to oust the speaker.

Even with that looming, in his first big deal with Democrats, McCarthy didn’t turn to the hard right, but to the likes of Reps. Johnson and Garret Graves, R-La.

Graves is seen as a get-it-done person among Republican members. He was involved in the fight for dollars after the oil spill in Louisiana, serving as chairman of the Coastal Protection and Restoration Authority of Louisiana.

Freedom Caucus member Chip Roy of Texas seemed willing to go to the brink of default — or indeed over that cliff — to force McCarthy’s hand and ask for more cuts.

He said that the Rules Committee wouldn’t allow reporting out rules without at least 7 Republican votes, and that nothing would pass unless there were unanimous Republican votes.

He was unable to persuade conservative Kentucky Rep. Thomas Massie, who was against the bill, to block it from moving past the committee.

Freedom Caucus Chairman Rep. Scott Perry, R-Pa. on PBS NewsHour Tuesday night declined to say whether he would force a vote on ousting McCarthy if his effort to derail the debt-ceiling vote failed.

Source: https://www.npr.org/2023/06/01/1179367537/debt-ceiling-congress-bipartisan-vote-biden-mccarthy

Bipartisan Debt-Cleiling Congress: Biden and the Right to Save Michael Corleone from Congressional Debt Cleone

It is important for McCarthy to remember that in the end, Michael Corleone took out Stracci, Cuneo, and Barzini to wrest control from them.

McCarthy might not have to do another hard vote for his members for a year and a half due to the delayed rematch. That’s key for him, since he may have angered the far right to get this deal over the finish line.

With an already iffy economy, persistent inflation and climbing interest rates, that’s good news for Biden. He has lots of vulnerabilities to worry about, but the debt-ceiling fight in the middle of a campaign is the last thing he or his staff needed.

The debt ceiling was raised by the bill, which is important politically for both Biden and McCarthy. In other words, it takes the issue off the table until after the presidential election.

He did it in 2011 with Republican Senate leader Mitch McConnell on the debt ceiling. And despite GOP intransigence only deepening, Biden has been able to pull off multiple bipartisan pieces of legislation since taking office, including:

After all, Biden got the presidential nomination despite his more moderate profile, and McCarthy has the support of the overwhelming majority of his conference.

Source: https://www.npr.org/2023/06/01/1179367537/debt-ceiling-congress-bipartisan-vote-biden-mccarthy

Dusty Johnson: A “Moderates” Negotiator for the Deferred-Cash Debt-Censorship Deal

Less swing districts exist today than 15 years ago, with little incentive to compromise because just a few dozen are competitive.

It’s easy to overlook lower-profile lawmakers who helped avert a debt-ceiling crisis when cynicism about politics is so prevalent.

“Moderates?” tweeted Rep. Dusty Johnson, R-S.D., one of the lead negotiators of the debt-ceiling deal that passed the House overwhelmingly Wednesday night. He prefers the term “conservatives who actually care about getting to work.”

The Republicans refer to it as the mafioso-themed “Five Families.” The Main Street Caucus, and a host of other coalitions in the middle, like the “New Democrat Coalition” on the other side of the aisle, were critical in securing support for the deal.

There were lots of complaints from both sides, ranging from worries about the environment to concerns about out-of-control spending.

The Senate still has to pass the measure, but if it does, as is expected, it will be those who eschewed the wings of their parties — which have some of the most vocal, attention-getting members — who averted a potentially calamitous, first-ever U.S. debt default.

The hotly negative feelings toward him on the right have ballooned in the last two years, as conservatives inaccurately painted him as a doddering marionette of the progressive left.

He had to make concessions to get the job he has wanted for a long time, and in the process he gave the party’s most extreme and pugilistic member a seat at the table.

That is backed up by data. The parties, especially Republicans, are far more homogenous and ideologically aligned on almost every issue, from guns to abortion rights to gender identity.

The Senate isn’t going to give up on a proposal to raise the debt ceiling with days to spare: Sen. Schumer says he’ll stay until the bill is approved

As the threat of a financial default nears, the Senate has started debate on compromise, bipartisan legislation to lift the debt ceiling with just days to spare.

Chuck Schumer told senators they would stay until the measure was voted on.

The legislation is in the Senate and will be passed as soon as possible, Schumer said. “The Senate will stay in session until we send a bill avoiding default to President Biden’s desk. We will keep working until the job is done.”

The Senate spent a lot of time trying to iron out a deal with its members to speed up the voting schedule. Senate leaders were confident it would pass.

To speed up the voting schedule, leaders and rank-and-file senators were trying to reach an agreement on how many amendments would be considered before a final vote on the debt limit bill. Schumer warned the amendments could be adopted only if the potential of default was raised.

The bill’s opposition in the House resulted in strange bedfellows. Republican senators. Lindsey Graham of South Carolina and Mike Lee of Utah spoke against the plan.

Graham has raised concerns the legislation doesn’t include sufficient funding for defense and Ukraine aid. Sanders has argued the plan raises new concerns about threats to climate change.

Source: https://www.npr.org/2023/06/01/1179550546/senate-debt-ceiling-bill

Minority Leader Mitch McConnell lauded McCarthy’s $U.S. Budget Measure and Expenditure Decree

McCarthy’s plan won support among both parties because his control of the chamber was so small. And ultimately, Democrats played a larger role than Republicans in its passage: 165 Democrats joined 149 Republicans to approve the bill.

House Minority Leader Mitch McConnell, R-Ky., lauded the package, which includes spending changes in exchange for increasing the debt ceiling for two years.

The House passed a deal last night and he said it was a step towards fiscal sanity. “But make no mistake: there is much more work to be done. The fight to reel in wasteful spending is far from over.”

The president said there were voices who threatened to take America for the first time into default on our national debt. “Nothing. Nothing would have been more irresponsible. Nothing would have been more catastrophic.”

The president was given a victory lap after the Senate passed legislation to raise the debt ceiling and cut federal spending.

In a nod to one of the important arguments for reelection, Biden indicated that he can continue to provide steady leadership in comparison to some of the partisan fighting being waged by more hardline Republicans.

Biden said that no matter how tough our politics gets, we need to see each other as fellow Americans. Don’t treat them badly with dignity and respect. To help Americans stop shouting. Lower the temperature. Work together to pursue progress, secure prosperity and keep the promise of America for everybody.”

Biden listed a number of his administration priorities that he was protected from as part of the deal.

The Yellen Deal Ends Tensions in Washington, and a Plan to Run Out of $Lambda$

Some Republicans objected to the deal because it didn’t cut enough spending, while some Democrats said the increased work requirements could lead to more hunger.

The government is about to run out of money, just a few days before the passage of the bipartisan bill, according to Treasury Secretary Janet Yellen.

It also ends months of tensions in Washington after Republicans refused to raise the debt limit unless Biden and the Democrats placed more restrictions on federal spending.

Biden had considered using the 14th Amendment in order to keep making payments, but decided against it since there was not enough time left before the deadline.