In a floor speech on Friday, Schumer accused the House GOP of"saying yes to brinkmanship, yes to hostage-taking, and yes, even to risking default, all because of draconian spending cuts pushed by the hard Right."The Treasury Department announced that the United States had reached the federal borrowing limit last week and would begin"extraordinary measures" to avoid defaulting on its debts, with those measures set to expire as early as June.
Speaker of the House Kevin McCarthy agreed not to raise the borrowing limit without spending cuts as part of an agreement with hard-line members of his party in order to be elected speaker. The move, lauded by the right wing of the party and fiscal conservatives, is a break from the last decade, with both parties having authorized debt increases without a major showdown.
Source: Loan Digest (loandigest.net)
chuckschumer VirginiaAabram HouseGOP stand strong against these evil Democrats. Don’t fall for any tricks even from LeaderMcConnell
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Schumer: Republicans should reveal 'draconian' debt-limit demands to votersHouse Speaker Kevin McCarthy and other Republicans have demanded combining cuts to spending with raising the debt limit. Senate Majority Leader Chuck Schumer called the approach “dangerous” and “destabilizing” in his remarks. You just want to spend every dime you can Chuckie. Go find your favorite thing, a microphone, and complain that you can’t add more trillions to the debt. no what’s dangerous is continuing to mortgage the livelihoods of future generations. the time to cut the fat is now. do it now. No more debt!
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White House sheds no new light on Biden docs scandal in first response to Oversight RepublicansThe White House did not shed much light on requested information from House Republicans seeking information into President Biden's classified documents scandal. From DOJ
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