Biden and Republicans seem set for debt ceiling fight, reviving fraught political battles of years past

  • 📰 ABC
  • ⏱ Reading Time:
  • 76 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 51%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Another spending fight looms between the White House and Congress, reviving similar stalemates in 2011 and 2013 under Pres. Obama.

January 19, 2023, 6:20 PMlooms between the White House and CongressThen, as now, Congress was divided -- a Republican House and a Democratic Senate -- and the White House had a Democratic president.

That timeline sets the stage for a fierce political fight, with Republicans portraying Democrats as out-of-control spenders -- racking up debts upon debts upon debts -- and Democrats responding that the GOP, which holds the House, is unable to responsibly govern by paying the country's bills for the military, Social Security and much more.

And while Jean-Pierre has since said there are ongoing conversations between the White House and members of both parties, "Attempts to exploit the debt ceiling as leverage will not work," she told reporters this month. "There will be no hostage taking." "I think members, especially the Republican side, are very pressured right now to be able to rationalize not just to themselves but to their constituents what $31.4 trillion means to the country in debt. And if they just blindly go forward with the same old, same old, they're not doing their job," former Rep. Mike Bishop, R-Mich., told ABC News. "That's exactly what their constituents will tell them.

This time -- in the wake of Obama's 2012 reelection and Democrats picking up seats in the House and Senate -- a standoff with the House GOP majority ended in the conservative lawmakers conceding on almost all of their demands, with both parties in the Senate hammering out a deal.Mitch McConnell looks to President Joe Biden after Biden arrived at Cincinnati/Northern Kentucky International Airport in Hebron, Ky., Jan. 4, 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The gop will pay the price in 2024 if they shut our govt down over this. .

Nonsense. They have unlimited resources for proxy wars and their clandestine terrorist operations around the world but suddenly are broke when it comes to serving the American People? Time to shut it all down. The whole diseased temple needs to fall along with the media.

Shouldn't have to 'fight' to take measurements to avoid chaos for the country, and beyond. How low can those threatening go?

Because the GOP only want to spend money when they're in power!

The UniParty drama to appear someone in DC cares

Why pay taxes when all they do is print money? It's all a scam.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House sticks to 'no conditions' line as debt ceiling fight loomsThe political stalemate over the debt ceiling begins in earnest as the Treasury Department maxes out its credit card to honor the country's obligations. Then the shutdown belongs to them Just FYI on the debt ceiling… the government never actually shuts down. They still have plenty of money to do everything the need to. It’s just the extras that stop being funded. If military payrolls or social security checks stop, it’s because Biden chose to stop them. Don't let anybody tell you that Washington DC is unprincipled
Source: dcexaminer - 🏆 6. / 94 Read more »