Tag Archives: US Debt Limit

Donald Trump stuck it to his own party yesterday…Was that Good or Bad?…Two views from the Right…

I always repeat that Donald Trump ran AGAINST his own adopted parties guys….Over at Red State , the conservative’s seem to agree….

trump-ryan-whisper

Pictured: House Speaker Paul Ryan looking for the least rude way to ask President Donald Trump what in the actual hell he’s doing. Probably.

In a surprise move yesterday… actually, you know what? No. It wasn’t a surprise move. Donald Trump struck a deal with Democrats. He said before he would strike deals with Democrats. He was a lifelong Democrat with Democrats ideals and beliefs. His views on spending align with Democrats. His views on immigration align with Democrats.

Nothing about what happened yesterday should come as a shock. Donald Trump sided with the Democrats. Here we are, Trump choosing to deal with Nancy Pelosi and Chuck Schumer over the leaders of his own party in Congress, Paul Ryan and Mitch McConnell. It seems like an odd thing to happen, especially given that Trump’s most ardent supporters have been bragging about his ability to fight the liberalism invading the country.

So, when Trump chooses to side with the liberals, you would expect outrage, right? Well, only if you haven’t been paying attention to where this is going.

See, this isn’t Trump  caving in to the Democrats. No no no. This is Trump sticking it to the Establishment, you guys. That’s all. He got Paul Ryan and Mitch McConnell real good, you see? The Trump fanatics, Trump cultists, or whatever you want to call them, have moved the goalposts. This is no longer about the Democrats. It’s about The Establishment….

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But over at another Conservative Republican blog , Resurgent,…they aren’t so happy….

….By  @ Resurgent….

…..The President did us all a favor.

But there is a problem. By giving the Democrats a three month extension, the President has essentially compressed the legislative calendar. The GOP will now have to do tax reform, immigration, spending, and debt ceiling all at one time. This exponentially increases the odds of a terrible deal.

With the President siding with Pelosi and Schumer so publicly, he has given the GOP every reason to publicly claim the President must want to work with the Democrats. And work with the Democrats they will — to undermine the President.

Using the newly compressed legislative calendar as an excuse, they will undoubtedly cut several bad deals with Democrats and lump them all together in a couple of pieces of legislation. Remember, there are two parties in Washington, the stupid party and the evil party. Occasionally they get together and do something that is both stupid and evil and the press heralds it as a bipartisan accomplishment.

We are on the road to stupid and evil more expeditiously because of what President Trump just did….

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Congress gets ready to link Hurricane aid to Keeping the Govt Running…

The leadership wants to keep the Government running above all….

Attempts by different factions to get other things is being resusted according to reports….

Republicans leaders are crafting a must-pass bill that will likely infuriate both conservatives and President Trump’s base.

Senate Majority Leader Mitch McConnell (R-Ky.) and Speaker Paul Ryan (R-Wis.) are expected to move legislation that will keep the government funded until December and raise the nation’s debt limit high enough to last beyond the 2018 midterm elections without funding for the U.S.-Mexico border wall or significant spending reforms favored by conservatives.

GOP leaders in the Senate will sweeten the deal by adding billions of dollars for Hurricane Harvey relief, but that won’t mollify the right on and off Capitol Hill. Yet, this type of measure will attract bipartisan support and probably have enough backing to get to Trump’s desk later this month.

Senate Majority Whip John Cornyn(R-Texas) said Tuesday that the upper chamber will seek to attach legislation raising the debt limit to a Hurricane Harvey relief bill that the House is expected to approve on Wednesday. But that sets up a possible conflict with House GOP leaders.

House Majority Leader Kevin McCarthy (R-Calif.) has indicated the House bill providing relief to communities hit by Harvey would not include language raising the debt ceiling.

Senate leaders are assuming that Trump will sign the legislation into law instead of risk a government shutdown or a credit crisis that could imperil the government’s ability to pay its bills.

“These are the president’s immediate priorities: pass disaster relief, prevent a default, fund the government. They are my immediate priorities as well,” McConnell told colleagues on the Senate floor Tuesday.

“We have to get all three of these things done, and we have to do it very quickly,” he added…..

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Note….

With Hurricane Iram pressing down on the South and Eastern coast’s Federal disiater relief spending is gonna grow times ten or a hundred….And a Government shut down would be somethinbg unacceptable ….

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Preview of the 2015 Budget wars between the President and Congress…

For clarity?

The Democratic President and the Republican Majority Congress….

The federal budget is almost certain to be the central battleground between President Obama and the new Republican Congress in 2015.

The GOP has vowed to use control of the House and Senate to slash the size of government, with entitlement programs such as Medicare and Social Security a potential target for cuts.

But Obama has made clear he will use his veto pen against the GOP, forcing Republicans to tread carefully as they seek to avoid government shutdowns and recapture the White House in 2016.

Here are the dates to watch as the conflict unfolds.

February 2: Obama’s budget deadline

The president is required under the law to submit his budget proposal to Congress by the first Monday of February, which in 2015 falls on the second day of the month.

Obama has repeatedly missed the deadline during his presidency. Last year’s budget came a month late, in March, while the previous year’s was unveiled two months late in early April.

The president’s budget proposal for fiscal 2016, which begins in October, is likely to include more spending for the Pentagon than originally expected because of the new battle against the Islamic State in Iraq and Syria (ISIS).

Obama administration officials have hinted that the proposed spending level for defense will bust the cap set by the Budget Control Act of 2011. If Congress doesn’t raise or remove the cap before next October, across-the-board spending cuts could take effect.

February 27: DHS funding runs out

GOP leaders will have two months to decide how to handle funding for the Department of Homeland Security (DHS) for the rest of the fiscal year. The $1.1 trillion spending bill Congress passed at the end of the lame-duck session only extended DHS funding through February and did not allow for any spending increases.

Republican leaders chose the short-term solution to satisfy conservatives who demanded action to defund Obama’s immigration actions…

There’s More…..

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Debt Limit tops off in October….

Until a hour AFTER the due date do NOT expect Congress to do anything…

They do NOT get into gear until after these things are up….

And that’s for starters…

U.S. Will Hit Debt Limit in Mid-October

The United States “is set to run out of borrowing authority in mid-October, leaving the government at a high risk of not being able to pay for Social Security checks, military salaries and other operations,” the Washington Post reports.

“Republicans are demanding significant new spending cuts in exchange for increasing the nation’s $16.7 trillion debt limit, with some GOP lawmakers insisting on a delay or the scrapping of President Obama’s signature health-care law. Obama, meanwhile, says he will not negotiate on the debt limit, the government’s legal cap on borrowing.”

“With the two sides far apart, there is no clear path to resolving the differences. Not raising the limit would ultimately lead to a default, undermining the nation’s credit.”

Politicalwire

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