.
Neither party is showing signs of flinching as Treasury Secretary Janet Yellen warns that the nation could reach its breaking point by mid-September. The Congressional Budget Office recently predicted that Treasury will run out of money in October or November. In response to that kind of Democratic criticism, Republicans counter: Then go it alone by adding a debt limit provision to your budget.
Budget Chair Bernie Sanders also would not confirm that a debt limit number will not be included in the budget resolution. "We're looking at all these issues,” he said Tuesday. Leaving the debt limit out of the budget resolution is also not an irreversible decision for Democrats, once made. But the choice to omit it at the outset will seriously complicate the task of preventing the nation from defaulting on its loans without Senate Republican votes.
This is remarkable framing: GOP is unlikely to provide any votes for must-pass measure, therefore *Democrats are thrusting Congress into risky territory* by not doing it unilaterally over vigorous GOP objections.
„according to a Democratic aide close to budget talks“ Do better, Politico.
Every time I open the link, a full-page cookie prompt comes up. The description says that the choices can be changed, but I've yet to encounter a Politico cookie page that lets me change settings. The only clickable buttons are 'confirm my choices' (umm, no) & the X. X it is :(
We are not going to default. Jesus.
The threat of economic ruin? How many times have we done this?
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