Author Topic: McCarthy lays out GOP debt ceiling offer - does Biden bite?  (Read 197 times)

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McCarthy lays out GOP debt ceiling offer - does Biden bite?
Beege Welborn 2:01 PM on April 18, 2023

So yesterday, Speaker of the House Kevin McCarthy put the House GOP debt ceiling offer on the table – “the plan” basics everyone’s been asking for.

Quote
…Amid this grim scene, Mr. McCarthy has a fair opening offer for President Biden. One: “Defaulting on our debt is not an option.” Two: House Republicans won’t pass an increase in the federal debt without reforms or spending restraint. “A no-strings-attached debt limit increase cannot pass,” he said, in a red line amid all the red ink.

Unfortunately, we didn’t get to hear President Biden’s reaction to it, as the White House called lid on business at NINE IN THE MORNING YESTERDAY. Yes, a lid on a Monday MORNING. (Must have been one helluva vacation, no?)



It’s a shame POTATUS went to bed closed up shop before he had a chance to even see what was coming his way. Biden could have burped out a dismissive “You’ve got to be kidding me, man” or something equally profound. Played President for an extra 40 minutes or so.

Now, McCarthy will have his hands full, trying to pull together enough of his 218 players to pass the bill once they’ve put the final pieces together.

more
https://hotair.com/tree-hugging-sister/2023/04/18/mccarthy-lays-out-gop-debt-ceiling-offer-does-biden-bite-n544646


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Re: McCarthy lays out GOP debt ceiling offer - does Biden bite?
« Reply #1 on: April 18, 2023, 09:33:24 pm »
Joe Biden Rails Against Kevin McCarthy’s Proposed Budget Plan

Wendell Husebø18 Apr 20234
2:41

President Joe Biden railed against House Speaker Kevin McCarthy’s preliminary budget plan at the White House on Tuesday.

While speaking about what the White House has termed the “care economy,” Biden attacked McCarthy and House Republicans’ preliminary budget plan to lift the debt ceiling until May 2024, create ten-year spending caps, claw back unspent coronavirus aid money, and enact a sweeping energy bill, the Lower Energy Costs Act, work requirement, along with the REINS Act.

McCarthy will likely try to pass the plan before April 28 to increase the Republicans’ negotiating ability with Biden, who has refused to negotiate with the House.

“He threatened to become the first speaker to default on our national debt … which would throw us into a gigantic recession and beyond unless he gets what he wants in the budget,” Biden claimed.

“Folks, you got to ask yourself, what are MAGA Republicans in Congress doing?” Biden questioned the proposal. “Why are they doing this? What is the purpose.”

Using class warfare rhetoric, Biden alleged the MAGA budget plan would only help the wealthy while hurting the those on entitlements.

Biden did not mention the administration’s policies that fueled inflation and caused, in part, a bank crisis. In turn, interest rates have increased to tamp down inflation, as Americans have become increasingly concerned about the economy.

more
https://www.breitbart.com/politics/2023/04/18/joe-biden-rails-against-kevin-mccarthys-proposed-budget-plan/
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Re: McCarthy lays out GOP debt ceiling offer - does Biden bite?
« Reply #2 on: April 18, 2023, 09:34:13 pm »
They found out in 2022 that using the MAGA term worked...guess they will use it in 24 too!
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