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Sat Oct 2, 2021, 05:53 AM

Republicans gear up to inflict maximum pain on Democrats as the debt default deadline inches closer

Republicans are blocking attempts by Democrats to renew the US's ability to pay its bills, pushing the US closer to the precipice of default.

Congress has just 16 days to raise or suspend the debt ceiling to dodge what could be a catastrophic hit to the economy, ranging from delays in Social Security checks to seniors, turmoil in financial markets, and cuts to safety net programs like unemployment insurance and Medicaid. The world's trust in the dollar would fade. Interest rates would soar, lifting mortgage, car loan, and credit card payments. Ratings agency S&P would cut its rating to the worst-possible rank of D.

Raising the debt ceiling allows the US government to pay back what it owes, and the limit had to be lifted this year regardless of Biden's spending plans. Democrats are pressing Republicans to help raise it, arguing both parties racked up another $7.8 trillion in new debt under the Trump administration. Republicans also raised or suspended the debt limit three times under President Donald Trump.

Now that Biden is in office, the GOP is reversing course and Senate Minority Leader Mitch McConnell is spearheading the GOP drive to demand Democrats lift the limit on their own, escalating efforts to undermine President Joe Biden's domestic agenda.


[link:https://www.msn.com/en-us/news/politics/republicans-gear-up-to-inflict-maximum-pain-on-democrats-as-the-debt-default-deadline-inches-closer/ar-AAP49nh?ocid=DELLDHP|]


They are trying to get the upper hand...

7 replies, 836 views

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Reply Republicans gear up to inflict maximum pain on Democrats as the debt default deadline inches closer (Original post)
Historic NY Oct 2021 OP
PoliticAverse Oct 2021 #1
Scrivener7 Oct 2021 #2
gab13by13 Oct 2021 #4
Scrivener7 Oct 2021 #5
Historic NY Oct 2021 #3
gab13by13 Oct 2021 #6
Yo_Mama_Been_Loggin Oct 2021 #7

Response to Historic NY (Original post)

Sat Oct 2, 2021, 05:57 AM

1. They want the Democrats to raise the debt ceiling on their own (which they can do) so they can say..

"See the irresponsible Democrats are to blame for the country's huge debt!"

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Response to Historic NY (Original post)

Sat Oct 2, 2021, 05:58 AM

2. Fuck the media and their headlines. Republicans are gearing up to inflict maximum pain on AMERICANS.

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Response to Scrivener7 (Reply #2)

Sat Oct 2, 2021, 06:14 AM

4. Exactly,

I get frustrated when people post right wing talking points here. Fucking let them try to blame Democrats, have a fucking straight up vote but make them stand on the floor and actually filibuster. Do it Schumer.

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Response to gab13by13 (Reply #4)

Sat Oct 2, 2021, 06:18 AM

5. I agree but he won't.

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Response to Historic NY (Reply #3)

Sat Oct 2, 2021, 06:19 AM

6. The MSM is right wing,

it will carry the right wing narratives, that's the way it has always been, this is nothing new.

Bring the debt ceiling vote up for a clean vote and make GQPers actually filibuster it, problem solved who is to blame for crashing the global economy.

MSNBC nor CNN will never carry water for Democrats, never.

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Response to Historic NY (Original post)

Sat Oct 2, 2021, 11:13 AM

7. That's mistitled

It should say "maximum pain on the US". If these mental midgets in the GOP think it's only going to affect the Democrats they have their heads in a dark and stinky place.

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