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DonViejo

(60,536 posts)
Mon Aug 21, 2017, 05:25 PM Aug 2017

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 government’s 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/

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McConnell says there is zero chance Congress will fail to raise debt ceiling (Original Post) DonViejo Aug 2017 OP
Given Trump... he might weil need 67 senators and 2/3rds of the House. lapfog_1 Aug 2017 #1
I don't know how he can get a simple majority in the House wryter2000 Aug 2017 #5
We'll see if you fuckers can do it and Trump signs the bill sakabatou Aug 2017 #2
Because the Black Guy is not president anymore.... Chasstev365 Aug 2017 #3
Bingo. dalton99a Aug 2017 #9
THIS BumRushDaShow Aug 2017 #13
To be fair rpannier Aug 2017 #18
so now the debt doesn't matter? greymattermom Aug 2017 #4
Nope not fooled Aug 2017 #14
As they cry "we're broke" they want to come up with another tax plan to cut taxes DK504 Aug 2017 #15
Oh, yes not fooled Aug 2017 #16
This will succeed. We absolutely need the money ... JustABozoOnThisBus Aug 2017 #6
They have to approve it so they can crank up the Afghan campaign and build more USELESS F-35s. Ford_Prefect Aug 2017 #7
And don't forget...... SergeStorms Aug 2017 #21
But...but...but... Grins Aug 2017 #8
As long as Democrats accept defunding of Planned Parenthood and the rest of their regular list. Trust Buster Aug 2017 #10
So that means the opposite will happen IronLionZion Aug 2017 #11
Indeed. We are asking our staff to save about 2 weeks of vacation if they have it. drray23 Aug 2017 #20
Sounds ominous. Turbineguy Aug 2017 #12
There is zero chance no chance we will not raise the debt ceiling, rpannier Aug 2017 #17
We are fucked. They lie. The House nuts are willing to burn the house down GulfCoast66 Aug 2017 #19
Let's see the Dems drag their feet on this issue... RainCaster Aug 2017 #22
Well, of course not! DFW Aug 2017 #23

lapfog_1

(29,205 posts)
1. Given Trump... he might weil need 67 senators and 2/3rds of the House.
Mon Aug 21, 2017, 05:29 PM
Aug 2017

Good luck. OTOH Trump has been pissing off Congress people right and left.

wryter2000

(46,045 posts)
5. I don't know how he can get a simple majority in the House
Mon Aug 21, 2017, 06:07 PM
Aug 2017

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!

rpannier

(24,329 posts)
18. To be fair
Mon Aug 21, 2017, 09:54 PM
Aug 2017

If HRC, Sanders, Biden, you or I were President he'd still never go for it
Non-Republican = Never gonna happen

not fooled

(5,801 posts)
14. Nope
Mon Aug 21, 2017, 07:56 PM
Aug 2017

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)
15. As they cry "we're broke" they want to come up with another tax plan to cut taxes
Mon Aug 21, 2017, 08:25 PM
Aug 2017

even more for the top 5%. Sweet Jesus, at this rate we will collapse. Of course the Pukes will blame Hillary and President Obama.

not fooled

(5,801 posts)
16. Oh, yes
Mon Aug 21, 2017, 08:31 PM
Aug 2017

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)
6. This will succeed. We absolutely need the money ...
Mon Aug 21, 2017, 06:16 PM
Aug 2017

... so we can continue to rent golf carts for the Secret Service at Trump properties.

We need the money, bigly.

SergeStorms

(19,201 posts)
21. And don't forget......
Tue Aug 22, 2017, 01:19 AM
Aug 2017

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)
8. But...but...but...
Mon Aug 21, 2017, 06:39 PM
Aug 2017

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.

IronLionZion

(45,442 posts)
11. So that means the opposite will happen
Mon Aug 21, 2017, 06:54 PM
Aug 2017

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)
20. Indeed. We are asking our staff to save about 2 weeks of vacation if they have it.
Mon Aug 21, 2017, 10:30 PM
Aug 2017

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) .

rpannier

(24,329 posts)
17. There is zero chance no chance we will not raise the debt ceiling,
Mon Aug 21, 2017, 09:53 PM
Aug 2017

That statement can be read to mean what you want

RainCaster

(10,874 posts)
22. Let's see the Dems drag their feet on this issue...
Tue Aug 22, 2017, 01:22 AM
Aug 2017

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!!

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