Democrats Weigh Using Debt Ceiling Debate to Thwart GOP Tax Cuts

It’s always difficult to tell how it will work when Nancy Pelosi is leading the charge, and the pitiful lemmings on the left follow. 

 

The video below was made six years ago.

Result?

Same whores, different dresses, they, of course, caved as they will once again this time

To their downfall, the keep targeting the rich and arguing about the rich not paying their fair share.

 

Just who determines who is rich, presumably, financially and of course they are the arbiters of “Fair Share.”The progressive wing of the Democrat Party risks becoming the party of “Today,” as that seems to be the extent of their vision.

 

Just who determines who is rich, presumably, financially and of course they are the arbiters of “Fair Share.”

The progressive wing of the Democrat Party risks becoming the party of “Today,” as that seems to be the extent of their vision.

 

This cannot all be blamed on the progressive obstreperous Democrats.
The Republicans refuse to pull on the same end of the rope as President Trump, thus predictably assuming their position in a circular firing squad.
As far as  Democrat policies that haven’t failed since and including FDR, can you name those that weren’t failures? 
Please do so in the comment section below.

 

 
 
June 3, 2017
  • Tactic would mark a shift for Democrats as they seek leverage
  • Some Republicans and White House officials mull own conditions

Congressional Democrats might abandon their calls for raising the nation’s debt limit without any conditions, with House and Senate party leaders now discussing whether to use their leverage to try to prevent Republicans from enacting tax cuts for wealthy Americans.

House Minority Leader Nancy Pelosi signaled the shift Friday, telling reporters that “we’re not there to raise the debt ceiling to throw a few crumbs to the middle class” and provide big cuts for the wealthy. 

 

Nancy Pelosi

Photographer: Patrick T. Fallon/Bloomberg

It’s unclear how this would work in practice, but Democratic aides in both chambers said they are discussing possible strategies to tie the debt ceiling to blocking tax cuts.

Such an approach would be a significant change for Democrats, who have spent the past eight years arguing that debt ceiling increases should be free from conditions, and could further complicate efforts to raise the government’s borrowing authority when the current limit is reached later this year.

Failing to extend the debt ceiling could lead to the U.S. government defaulting on its debt, which may trigger a financial crisis. 

Already, some House Republicans and some key White House officials say they plan to insist on their own menu of spending cuts and other provisions as part of any deal.

‘Clean’ Measure

Democrats have been willing in the past to provide Republicans enough support on “clean” debt-ceiling measures to help make up for the loss of votes among conservatives, mostly in the House, who refuse to support them without deep cuts to domestic programs.

Democrats were key to helping resolve the 2011 fight over the debt limit, a protracted standoff that contributed to S&P Global Ratings’ decision to downgrade the U.S. to AA+ to AAA.

 

Already, members of the House Freedom Caucus have said they will push for spending cuts in this year’s debt-ceiling debate in exchange for their support.

On Friday, President Donald Trump’s chief economic adviser, Gary Cohn, said the White House would consider spending cuts or policy changes favored by Republicans in order to avert an unprecedented default.

That appears to align him with White House budget director Mick Mulvaney, but against Treasury Secretary Steve Mnuchin, who has called on Congress to pass a “clean” debt-ceiling hike.

 

See the entire article below.

 

“Treasury secretary would love to do a clean debt ceiling, I get that.

But if we need to get things attached to get it through, we’ll attach things,” Cohn said on CNBC.

Several conservative groups met at the White House last week to discuss a strategy.

Ideas they discussed included caps on mandatory programs such as Social Security and Medicare, extending automatic across-the-board spending cuts and matching any debt-limit increase with spending cuts, according to two participants in the meeting.

Republicans in both chambers are seeking to draft and approve a tax-cut package this year that would lower individual and corporate tax rates, although no proposal has been circulated yet.

Several leaders, including Senate Majority Leader Mitch McConnell, have said they want any tax overhaul to be revenue-neutral.

But Trump has repeatedly promised large cuts.

Earlier this week, he tweeted, “The massive TAX CUTS/REFORM that I have submitted is moving along in the process very well, actually ahead of schedule. Big benefits to all!”

Any debate on taxes, a key campaign promise for Trump and congressional Republicans, likely will come sometime after the debt ceiling must be raised.

Democratic leaders in the Senate plan to discuss the possibility of tying support for an increase to concessions on the tax cuts when lawmakers return from a week-long Memorial Day recess next week, said a Democratic aide in the chamber.

 

THE END

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About JCscuba

I am firmly devoted to bringing you the truth and the stories that the mainstream media ignores. Together we can restore our constitutional republic to what the founding fathers envisioned and fight back against the progressive movement. Obama nearly destroyed our country economically, militarily coupled with his racism he set us further on the march to becoming a Socialist State. Now it's up to President Trump to restore America to prominence. Republicans who refuse to go along with most of his agenda RINOs must be forced to walk the plank, they are RINOs and little else.
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3 Responses to Democrats Weigh Using Debt Ceiling Debate to Thwart GOP Tax Cuts

  1. Dave the Differentiator says:

    So the Democrats have finally disclosed they want to punish the successful for having money – what is up with that?

    The rich are rich for a reason – successful work habits and investments. The poor are poor for the same reason – very unsuccessful work habits and poor investments. Color and religion are not really an issue. In fact with the multitude of government incentives for the black community one must wonder how they failed when given every opportunity. Free Education and hiring preferences plus support when needed.

    The Democrats have advocated free stuff with no strings attached – simply put this approach created free loaders and not much else.

    Simply put, welfare does not work – never has and never.

    What is FAIR?

    Like

  2. Leaderless GOP will capitualte as usual unless Trump takes the helm and stands firm.

    Like

    • JCscuba says:

      If Trump is president and he is useless, what the fuck does that make you? More useless than a flea on a donkey’s ass, yep that gets it.

      Like

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