McConnell says there is zero chance Congress will fail to raise debt ceiling
Source: The Washington Post
By Damian Paletta August 21 at 1:49 PM
Senate Majority Leader Mitch McConnell (R-Ky.) said Monday that there was zero chance no chance Congress would fail to raise the debt ceiling by late September, although he offered no clues about how he hoped to persuade lawmakers to back such a measure.
McConnell spoke during a public event in Kentucky with Treasury Secretary Steven Mnuchin, who minutes before had implored Congress to focus immediately on raising the debt ceiling when members return to Washington after Labor Day. Mnuchin said the debt ceiling must be increased to ensure the U.S. government can pay its bills.
There is zero chance no chance we will not raise the debt ceiling, McConnell responded.
The federal government spends more money than it brings in through revenue, and it issues debt to cover the gap. The United States already has close to $20 trillion in debt, and it can borrow money only up to a certain level set by Congress. Mnuchin has said he will be able to pay all of the governments bills only through Sept. 29, and he wants the debt ceiling increased so that he can continue making payments.
Read more: https://www.washingtonpost.com/news/wonk/wp/2017/08/21/mcconnell-says-zero-chance-congress-will-fail-to-raise-debt-ceiling/
lapfog_1
(29,205 posts)Good luck. OTOH Trump has been pissing off Congress people right and left.
wryter2000
(46,045 posts)And I'm with the person to told him to go F himself. He wouldn't do it for the Democrat, who is African American, but he'll do it for a guy so dumb he'll look at an eclipse of the sun without glasses.
F you, Mitch!
sakabatou
(42,152 posts)Chasstev365
(5,191 posts)FUCK YOU MITCH: Biggest Hypocrite EVER!
dalton99a
(81,488 posts)BumRushDaShow
(129,007 posts)rpannier
(24,329 posts)If HRC, Sanders, Biden, you or I were President he'd still never go for it
Non-Republican = Never gonna happen
greymattermom
(5,754 posts)either it matters or it doesn't.
not fooled
(5,801 posts)only when there is a Democratic president.
Then, you hear the pukes whining and crying "We're broke." No money for anything that helps the non-rich.
In contrast, when the pukes steal the presidency, there is endless money for tax cuts for the rich and for war. The debt and deficit balloon.
Effin' scammers. The worthless corporate media needs to do a much better job pointing out that dems clean up messes left by pukes.
DK504
(3,847 posts)even more for the top 5%. Sweet Jesus, at this rate we will collapse. Of course the Pukes will blame Hillary and President Obama.
Remember that darth cheney said that "Deficits don't matter--Reagan proved that", i.e. pointing out that when pukes steal the WH they're gonna balloon the debt and deficit with tax cuts and war spending.
Then, dems come in and get the budget under control--just so the next puke can steal the $$$ in tax cuts for the rich.
JustABozoOnThisBus
(23,340 posts)... so we can continue to rent golf carts for the Secret Service at Trump properties.
We need the money, bigly.
Ford_Prefect
(7,900 posts)SergeStorms
(19,201 posts)that H-U-G-E increase in spending for the Pentagon! The Pentagon can't account for 30-50 BILLION a year in spending, but they ALWAYS need more money. We have to come up with new and novel ways to kill people, you know?
Grins
(7,217 posts)But...but...but... The debt! The deficit! The America-destroying debt! Green Eggs n' Ham! Oh woe is us.
This, from the guys who only opposed the U.S. debt vote, imperiling the nation's credit standing, so as to raise it as a step toward repeal of Affordable Care Act, amoral scolds willing to throw the economy into the abyss for a decade.
So it was never about deficits was it? They just wanted a reason to impeach Obama.
Trust Buster
(7,299 posts)IronLionZion
(45,442 posts)Those of us in government contracting are preparing for shutdown. Military and law enforcement will still report to work during the shutdown for those who are curious.
drray23
(7,629 posts)If we get furloughed, we can use vacation to get paid ( it's money that is required by law to already have been set aside) .
Turbineguy
(37,331 posts)When He-Who-Cannot-Govern makes a promise that we will get what's needed, I worry.
rpannier
(24,329 posts)That statement can be read to mean what you want
GulfCoast66
(11,949 posts)To get what they want.
RainCaster
(10,874 posts)until the GOP agrees to dump 45. The far right RePukes will hold out anyhow, so the only way this will happen is if the Dems go along with it. If they go along with it, they should get what we want- Trump Impeachment!!
DFW
(54,384 posts)Obama is no longer in office. DUH!!!