Evan Vucci/AP, FILE
In 2011, the last time the country faced a possible default on their debts, then-Vice President Biden was put in charge of leading bipartisan negotiations to raise the debt ceiling. The talks were ultimately unsuccessful after House Republicans walked away from the table.Despite the setback, Biden worked with McConnell to negotiate a solution, working down to the wire to avoid a potential default.
Biden and McConnell served alongside each other in the Senate for 24 years and have often touted their long-standing relationship. "For many years, our working relationship has been defined not only by our strong disagreements, but also by mutual transparency and respectful candor.
The White House, however, later said no call between the two had taken place and downplayed the need for the president to get more personally involved."They have not spoken. I think what the president has repeatedly conveyed is that he's certainly open to, as he -- as he has shown throughout the course of his presidency, having conversations with Democrats and Republicans when he feels it would be constructive," White House press secretary Jen Psaki said Wednesday.
Now this is a joke … great photo OP
I bet they do. And all for their benefit only, at the price of others struggles
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Senate GOP leader McConnell may offer short-term debt ceiling extension following pressure from BidenPresident Joe Biden and Democratic leaders in Congress amped up pressure on Republicans to act on the debt limit. This guy was in the sequel to Silence of Lambs “Hannibal” and they ate his face! The pressure is that we CANNOT default, & everyone would suffer regardless of party if we do not raise it, lose-lose
Source: CNBC - 🏆 12. / 72 Read more »
Biden broaches nuclear option in standoff with McConnellJoe Biden indicated today that he was warming to a Democratic proposal to blow up the rules of the Senate to raise or suspend the debt ceiling, amid fears that a breach would send the U.S. government into default and the whole economy into a tailspin KissTheEarth Republicans play games with the American society like a child that pushes their parent to the brink and then when the parent has had ENOUGH, the little brat starts crying and asks, 'Why is Mommy and Daddy so mad at me?' Very likely the only thing that would work at this point. “Maybe corporate lobbyists can urge Senator Manchin to change his mind on it, if the rest of us can’t,” Street-wise journalism headlines: As Republicans get increasingly cornered to be blamed for a shut-down, Dems have called their bluff and refused reconciliation. President Biden tightened the screws hinting at a filibuster carve out, which Republicans dread more than caving in.
Source: politico - 🏆 381. / 59 Read more »
Biden says Democrats changing filibuster rules to raise debt ceiling a 'real possibility'President Biden told reporters Tuesday night that it's a 'real possibility' Senate Democrats could change the chamber's filibuster rules to overcome Republican obstruction to raising the debt ceiling, per a pool report.Why it matters: Overhauling the rules could help Democrats 'stave off a potential, calamitous default roughly two weeks before a critical fiscal deadline,' the Washington Post notes.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for fre We don’t have the money so why do we spend more than we have constantly. Well at least one thing the Democrats are consistent... They have turned wild spending into an art form.. Which also includes a little graft on the side
Source: YahooNews - 🏆 380. / 59 Read more »
U.S. Senate Democrats plan debt-limit vote after Biden hints filibuster could goSenate Democrats are set to try again on Wednesday to extend the U.S. government's borrowing authority to head off a catastrophic default, after President Joe Biden suggested they could change the chamber's rules to bypass a Republican roadblock. NO MANDATE from the American people for this Socialism. NONE!! How did our Centrist nation fall under the spell of an ultra-Left group that admires Communist regimes like Cuba, loathes Israel – the only democracy in the Middle East and one that does not pay terrorists to kill their enemies – and wants to bring cradle-to-grave welfare here Biden and his Team plus Democrats and the Left's poor policies have created crisis after crisis: BIDEN FAILING AMERICA -Covid Failure -Jobs crisis -Energy Crisis -Inflation Crisis -Border Crisis -Afghanistan Crisis -Confidence crisis -Iran Screw up What's next?
Source: Reuters - 🏆 2. / 97 Read more »