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 If we get to December and we’ve not repealed Obamacare, don’t build the wall… it’s not going to be pretty.”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

“Mr. Blanche, you’re losing all credibility with this court.”

— Judge Juan Merchan, quoted by NBC News, to Donald Trump’s lawyer in the “hush money” criminal trial.

— Miami Herald

“We care more about the safety of our staff than a name attached to an article.”

— Rep. Tony Gonzalez (R-TX), on CNN.

— Rick Wilson

Numerati

77%

A new Siena poll finds that by a 54% to 30% margin, New Yorkers say Donald Trump’s “hush money” trial is “legitimate” — the view of 77% of Democrats and 44% of independents — rather than a “witch hunt,” the view of 66% of Republicans.

51% to 48%

300 million

Spotify said Taylor Swift’s new album was the first to have over 300 million streams in a single day on Friday.

28%

15% to 7%