Debt Ceiling Archives

— Rep. Ken Buck (R-CO), on Twitter, blasting the debt ceiling deal.

Soon as the deal was done, the GOPers started to bitch,
Though they closed no loopholes nor upped taxes on the rich.
Sure, right-wingers ain’t happy
About getting an ass-whupping from Pappy,
To which we say, “Shut up and eat your turd sandwich.”

McCarthy’s Debt-Limit Plan Would Lead to Recession, Jobs Loss

April 25, 2023 Buck Banks

780,000

New analysis from Moody’s Analytics finds that Speaker Kevin McCarthy’s plan to cut spending and lift the debt ceiling “would meaningfully increase the likelihood” of a recession and result in 780,000 fewer jobs by the end of 2024 compared with a clean bill to lift the debt limit.

Schumer: If McCarthy Stays Course, We’re Headed Toward Default

April 19, 2023 Buck Banks

“I’ll be blunt. If Speaker McCarthy continues in this direction, we are headed toward a default.”

— Senate Majority Leader Chuck Schumer (D-NY), quoted by Punchbowl News, on the latest proposal by Speaker Kevin McCarthy to raise the debt ceiling.

Republicans at Odds Over Debt Limit Talks

March 27, 2023 Buck Banks

“I don’t know what he’s talking about.”

— Speaker Kevin McCarthy responding with bewilderment to House Budget Chairman Jodey Arrington (R-TX) assertion to reporters that Republicans are working on a written offer on the debt limit, which will likely come out before they release their full budget resolution.

Manchin Compares Dems and GOPers on Debt Ceiling, Spending

March 3, 2023 Buck Banks

“My Democratic friends don’t want to say a word about our out of control spending and are outright refusing to even talk to Republicans about reasonable and responsible reforms… My Republican friends refused to offer any specifics, and some have recklessly threatened default, which is absolutely not on the table, cannot be on the table and will not happen.”

— Sen. Joe Manchin (D-WV), quoted by Politico.

Schatz: Debt Ceiling Will ‘Resolve Itself’

August 11, 2021August 11, 2021 Buck Banks

“I am predicting, with absolute certainty, it will resolve itself uneventfully. Because it always does.”

— Sen. Brian Schatz (D-HI), quoted by Politico, on the debt ceiling standoff.

The Looming Republican Rebellion

September 7, 2017 Buck Banks

“I think there’s going to be a rebellion against everybody, not just leadership. If we get to December and we’ve not repealed Obamacare, don’t build the wall… it’s not going to be pretty.”

— Rep. Mark Meadows (R-NC), quoted by Axios.

Six GOP Senators Changed Vote on Debt Ceiling Issue

February 14, 2014February 14, 2014 Buck Banks

6

Number of Senate Republicans who switched from ‘nay’ to ‘aye’ on the critical vote allowing the nation’s debt limit to be extended, a copy of the official Senate vote tally sheet provided to Roll Call suggests. “The tally sheet is the only record of which senators may have switched their votes because the Senate clerk — in a break with tradition — didn’t name names during the nearly hourlong vote. Capitol Hill reporters are protesting that change, still within the rules, as lacking transparency.”

Boehner Is Pragmatic — In Secret

February 4, 2014 Buck Banks

“Ronald Reagan said: ‘If you got seventy-five or eighty percent of what you were asking for, I say, you take it and fight for the rest later. Speaker McCarthy’s version: ‘If you can get five or six percent of what you were asking for, you take the deal and claim victory.”

— Rep. Ken Buck (R-CO), on Twitter, blasting the debt ceiling deal.

780,000

New analysis from Moody’s Analytics finds that Speaker Kevin McCarthy’s plan to cut spending and lift the debt ceiling “would meaningfully increase the likelihood” of a recession and result in 780,000 fewer jobs by the end of 2024 compared with a clean bill to lift the debt limit.

“I’ll be blunt. If Speaker McCarthy continues in this direction, we are headed toward a default.”

— Senate Majority Leader Chuck Schumer (D-NY), quoted by Punchbowl News, on the latest proposal by Speaker Kevin McCarthy to raise the debt ceiling.

“I don’t know what he’s talking about.”

— Speaker Kevin McCarthy responding with bewilderment to House Budget Chairman Jodey Arrington (R-TX) assertion to reporters that Republicans are working on a written offer on the debt limit, which will likely come out before they release their full budget resolution.

— Sen. Joe Manchin (D-WV), quoted by Politico.

“I am predicting, with absolute certainty, it will resolve itself uneventfully. Because it always does.”

— Sen. Brian Schatz (D-HI), quoted by Politico, on the debt ceiling standoff.

“I think there’s going to be a rebellion against everybody, not just leadership. If we get to December and we’ve not repealed Obamacare, don’t build the wall… it’s not going to be pretty.”

— Rep. Mark Meadows (R-NC), quoted by Axios.

6

There’s no sense picking a fight we can’t win.

— Speaker John Boehner, quoted by Roll Call, in a private GOP conference meeting on raising the debt ceiling.

Poetic Justice

Verbatim

— Nick Catoggio

“Honestly, every time I hear you, I feel a little bit dumber for what you say.”

— Nikki Haley, at the Republican presidential debate, to Vivek Ramaswamy.

“Ahead of the second Republican debate, the DeSantis camp is plagued by growing doubts among donors and allies that their biggest unspoken problem may be the candidate, not the campaign.”

— Tina Nguyen

“This week, I hope to see my colleagues fully address the alleged systemic corruption of Senator Menendez with the same vigor and velocity they brought to concerns about our dress code.”

— Sen. John Fetterman (D-PA), in a statement.

“House Republicans are gleefully letting Donald Trump function as their chief political strategist at the expense of American families. Trump’s behavior is shameful, but unsurprising from someone who has demonstrated he couldn’t care less about the American people.”

— A spokesman for President Biden’s campaign hit House Republicans for heeding Donald Trump’s calls to dig in on a government shutdown if they don’t get “everything,” The Hill reports.

Numerati

$250 million

New York Times: “He now faces not only the prospect of having to pay $250 million in damages, but he could also lose properties like Trump Tower that are inextricably linked to his brand.”

56%

A new NBC News poll finds that 56% of registered voters say Congress should not hold impeachment hearings to start the process of removing President Biden from office, while 39% say it should.

43%

A new Monmouth poll finds that if the federal government does shut down, 43% of the American public will hold the Republicans in Congress most responsible while 27% will place the blame on President Biden and 21% will blame congressional Democrats.

11th

President Joe Biden’s younger dog, Commander, bit another U.S. Secret Service agent at the White House Monday evening, the 11th known biting incident involving the 2-year-old German Shepherd, CNN reports.

65%

A new Pew Research poll finds that 65% of Americans “say the way the president is elected should be changed so that the winner of the popular vote nationwide wins the presidency. …. A third favor keeping the current Electoral College system.”