Mike Lee of Utah also criticized the intricate process Schumer and McConnell agreed to, which he warned could be used in the future to “launder” potentially unpopular votes. “GET RID OF MITCH!” Trump said in a statement issued Sunday. The former president has railed against the deal repeatedly, calling McConnell a “Broken Old Crow” who “didn’t have the guts to play the Debt Ceiling card, which would have given the Republicans a complete victory on virtually everything.” The decision didn't sit well with Donald Trump. “If they jam through another taxing and spending spree this massive debt increase will just be the beginning,” the Kentucky Republican said Tuesday. But it also gave him much of what he wanted: Democrats taking a politically difficult vote without Republican support, while increasing the limit by a staggering dollar figure that is sure to appear in future attack ads. McConnell's backtracking angered some in his party.
“This is about paying debt accumulated by both parties," Schumer, D-N.Y., said Tuesday while hailing the agreement.
Yet McConnell softened his opposition, striking a deal with Senate Majority Leader Chuck Schumer last week that created a workaround that allowed Senate Democrats to approve legislation with a simple majority while avoiding a Republican filibuster. As recently as October, Senate Minority Leader Mitch McConnell said he would not "be a party to any future effort to mitigate the consequences of Democratic mismanagement.” For months, they've used the debt limit to attack Democrats' big-spending social and environmental agenda while pledging to staunchly oppose the current effort to increase the threshold. That hasn't stopped Republican saber-rattling. Established in 1917, it instead serves as a brake on spending decisions already endorsed by Republicans and Democrats alike - in some cases decades ago - that if left unpaid could cripple markets, send the economy into a tailspin and shake global confidence in the U.S. Kevin Brady, R-Texas.ĭespite a seemingly straightforward name, the nation's debt limit does little to curtail future debt. “Democrats have known this day is coming for two years and did absolutely nothing,“ said Rep. Republicans, meanwhile, said they were perplexed by the Democrats' scramble to act. NewsConference Extra: Eric Strong, Candidate for LA Sheriff
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