McConnell: 'We'll Figure Some Way' To Raise Debt Ceiling
Source: TPM
Senate Majority Leader Mitch McConnell (R-KY) on Sunday indicated that Republicans would pass legislation to raise the debt ceiling before the U.S. defaults on its national debt on March 15.
"I made it very clear after the November election that we're certainly not going to shut down the government or default on the national debt," McConnell said on CBS' "Face the Nation" when asked if Republicans would lift the debt ceiling.
Treasury Secretary Jack Lew on Friday called on Congress to raise the debt ceiling "without controversy or brinksmanship" before the March 15 deadline.
McConnell did not promise, however, that Republicans would not use the debt limit increase to achieve additional policy goals. "We'll figure some way to handle that and hopefully it might carry some other important legislation that we can agree on in connection with it," McConnell said of the debt limit increase.
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Read more: http://talkingpointsmemo.com/livewire/mcconnell-debt-limit-increase
The Real Deal
(24 posts)I'm just sayin'....
DRoseDARs
(6,810 posts)DRoseDARs
(6,810 posts)Seemed to work just fine for 30+ years.
mpcamb
(2,868 posts)That should be mentioned in every article about their threat to do it.
mpcamb
(2,868 posts)"$24 billion.
Thats according to an estimate from Standard & Poors. The financial services company said the shutdown, which ended with a deal late Wednesday night after 16 days, took $24 billion out of the U.S. economy, and reduced projected fourth-quarter GDP growth from 3 percent to 2.4 percent."
(from Oct. 17, 2013 Time magazine)
TheCowsCameHome
(40,167 posts)Things are going to get worse. For you.
lastlib
(23,140 posts)(Where has he been hiding it???)
. . . .
rock
(13,218 posts)If there was a glacier headed toward the Capitol, all the congressmen would get crushed.
AngryDem001
(684 posts)BumRushDaShow
(128,388 posts)Chan790
(20,176 posts)if the House (let's be honest here...if the Tea Party) plays the same games with a GOP-controlled Senate that they played with Reid, you're going to see the RNC come out loaded for a intra-party bloodbath in the 2016 primaries.
Something I learned in college all those years I went to CPAC as a CR (and a stealth liberal)...the GOP keeps names of people inside the tent that don't march in lock-step; they are willing to shank their own for fomenting insurrection and harming the GOP brand or GOP plan.
No matter who wins that fight...it's good for us.
BumRushDaShow
(128,388 posts)but I also know that the M$M will carry their water and spin the tangled web of GOP chaos into golden threads of bullshit in order to put the blame on Obama.
Yo_Mama_Been_Loggin
(107,711 posts)+1
Thor_MN
(11,843 posts)madokie
(51,076 posts)Plan to use it as a bargaining chip is not the same as what you state as they would pass legislation to raise the debt ceiling before the u.s. defaults on its national debt on march 15
Orsino
(37,428 posts)McConnell sure sounds like he wants to attach some stuff to it.
Blue_Adept
(6,393 posts)"We'll figure some way to handle that and hopefully it might carry some other important legislation that we can agree on in connection with it," McConnell said of the debt limit increase.
Because that's worked out so well for you so far.
lark
(23,059 posts)WTF is he talking about. Other than going to war, and creating more of a police state, when, in the last 5 years, has there been bipartisan agreement on anything important? So, in reality, this is just another Repug lie. They will try to load this up with something they want and Dems don't and it won't work - once again.
When will they ever learn?