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Economy
Related: About this forumAOL News: Republicans criticize McCarthy, Biden debt ceiling deal
Excerpt:
WASHINGTON (Reuters) -After tough negotiations to reach a tentative deal with the White House on the U.S. borrowing limit, the next challenge for House Speaker Kevin McCarthy is pushing it through the House, where hardline Republicans are already threatening to sink it.
https://www.aol.com/mccarthys-next-challenge-sell-debt-143036447.html
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AOL News: Republicans criticize McCarthy, Biden debt ceiling deal (Original Post)
sprinkleeninow
May 2023
OP
bucolic_frolic
(47,050 posts)1. Hopefully budget will pass
with 15 Republicans and the rest Democrats.
sprinkleeninow
(20,546 posts)2. I'll rest a whole lot easier when a positive outcome. nt
BlueKota
(3,665 posts)3. That's what I am praying for!
Chi67
(1,103 posts)4. If the Reps sink this...
the resulting economic turmoil will be their fault.
Midnight Writer
(22,993 posts)5. Exactly. Ball is in their court now, and everyone knows it.
Whatever political advantage they hoped to leverage with a default is now gone.
peppertree
(22,850 posts)6. The problem is, they're convinced Biden would be blamed
For most Republicans, passing up on a default is passing up a great opportunity.
The harm it would do to the nation, and millions of American families (including themselves)?
Meh. You make an omelet, you break a few eggs.