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Reply to "Republicans and the debt ceiling "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The fundamental problem here is that McCarthy does not have the votes for any deal he cuts with Biden, but he does not seem to recognize that fact. 30-50 of his members are extreme wackos who will vote against anything, and the Rs don't control the Senate (and there are probably 10 Rs in the Senate who are extreme wackos who will vote against anything). So he's got to cut a deal that will get 50 plus D votes in the House and 30 plus D votes in the Senate. But he's not offering the Ds anything at all. He won't reform prescription drug pricing, won't close the carried interest loophole, won't increase taxes on wealthy, and won't cut defense spending. Negotiation means both sides get something and give up something. But it's just demands from McCarthy with no give. [/quote] Agree with your analysis - Do you think there is any hope for 14th amendment or other solution to resolve this crisis?[/quote] A total misunderstanding of the 14th amendment. It requires Biden to pay the debt, it does not allow him to borrow money without authorization from Congress.[/quote] Congress has already told him to spend the money. [/quote]
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