White House rules out concessions on debt ceiling while GOP refuses to help avert financial crisis

[Zorro]

The White House is in a bind over the potential breach of the federal debt ceiling as GOP lawmakers refuse to help Democrats avert a national financial catastrophe, leaving the administration with few easy answers as time runs out.

Senate Minority Leader Mitch McConnell (R-Ky.) has insisted Republicans will not cooperate with pleas from the Biden administration to increase or suspend the debt ceiling — the legal limit for what the federal government can borrow to avoid defaulting on its obligations.

Meanwhile, the White House has ruled out offering policy concessions to Republican lawmakers to lure GOP votes, according to three senior administration officials familiar with the matter. McConnell has not communicated any requests to the administration of what he wants in exchange for support for the suspension, the people said. Even if McConnell does outline a proposal, the White House has no intention of rewarding the GOP for trying to use the debt ceiling as leverage in other negotiations, the officials said, with one describing the position as “a matter of principle.”

Instead, the Democrats and Republicans have spent recent days publicly bludgeoning each other over the debt ceiling, yet another sign that there are no negotiations to resolve the impasse.

https://www.washingtonpost.com/us-policy/2021/09/20/white-house-debt-ceiling/

[Walleye]

1. We shouldn't negotiate with terrorists

[captain queeg]

2. I suspect we are heading for another "government shutdown".

This one might go on for awhile.

[Volaris]

6. Till the Soc Sec checks have to get mailed...

Even Republicans know that if Nanas check isnt there, Nana and her friends WILL burn down every county courthouse in the nation. Let them play their little games. They WILL raise the ceiling.

[captain queeg]

7. I don't think SS payments will be effected.

Maybe when all the defense contracts start getting cancelled it will affect them.

[Yo_Mama_Been_Loggin]

3. Moscow Mitch doing his boss Putin's bidding.

[Dave says]

5. I wonder how many tens-of-billions ...

… McConnell’s treachery is costing the world as the NYSE shows all 3 major indexes down nearly 3% today, wholly in reaction to McConnell’s stance.

When will the domestic terrorism end?

[FBaggins]

4. I think they're missing what "concession" the republicans want

McConnell has not communicated any requests to the administration of what he wants in exchange for support for the suspension

That's because what he appears to want is for Democrats to pass it on their own.