America's Need to Pay Its Bills Has Spawned a Political Game
WASHINGTON For nearly two decades, lawmakers in Washington have waged an escalating display of brinkmanship over the federal governments ability to borrow money to pay its bills. They have forced administrations of both parties to take evasive actions, pushing the nation dangerously close to economic calamity. But they have never actually tipped the United States into default.
The dance is repeating this fall, but this time the dynamics are different and the threat of default is greater than ever.
Republicans in Congress have refused to help raise the nations debt limit, even though the need to borrow stems from the bipartisan practice of running large budget deficits. Republicans agree the United States must pay its bills, but on Monday they are expected to block a measure in the Senate that would enable the government to do so. Democrats, insistent that Republicans help pay for past decisions to boost spending and cut taxes, have so far refused to use a special process to raise the limit on their own.
Observers inside and outside Washington are worried neither side will budge in time, roiling financial markets and capsizing the economys nascent recovery from the pandemic downturn.
https://www.yahoo.com/news/americas-pay-bills-spawned-political-115030031.html
SWBTATTReg
(22,100 posts)in Congress then...
Then, w/o the traitors and their votes, the Senate and/or House can undertake their duties w/ the reduced roster of Senators/House members and proceed w/ the business of government. These thugs holding all of us hostage for no good reason need to have serious consequences on their hold actions on Pres. Biden's nominees, and other actions, that is, for every negative action they do, they pay the price for it, that is, if they hold up a nominee's name for some weird obscure reason, then they're not allowed to participate in any Senate or House business, that is, they are no longer a House or Senate member, they've abandoned their position as a government representative.
There needs to be some serious and negative consequences for these very few members of the House and Senate that impact so severely, actions of the Executive branch of government, I can't believe that the Exec. Branch of government in short, has no power to proceed.
AllaN01Bear
(18,119 posts)czarjak
(11,266 posts)Chief Strategist