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   alt.politics.economics      "Its the economy, stupid"      345,374 messages   

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   Message 343,610 of 345,374   
   Brick Schitt-Hause to All   
   Re: Congress shouldn't get paid until de   
   12 May 23 21:19:27   
   
   XPost: alt.politics.conservative, alt.politics.democrats, alt.fan.rush-limbaugh   
   XPost: talk.politics.guns, talk.politics.misc, misc.survivalism   
   From: bsh@live.com   
      
   On 12 May 2023, Lou Bricano  posted some   
   news:qgs7M.220170$T%ac.192291@fx01.iad:   
      
   > On 5/12/2023 7:32 AM, Bradley K. Sherman wrote:   
   >>   |   
   >>   | I am an ignorant asshole.   
      
   Washington — Democratic Rep. Abigail Spanberger of Virginia is calling for   
   the House's chief administrative officer to prepare to withhold pay for   
   members of Congress until the looming crisis over the debt ceiling is   
   resolved.   
      
   "If the American people and the American economy are suffering as a result   
   of congressional inaction, then Members of Congress should not be rewarded   
   with their pay," Spanberger wrote in a letter Friday to Catherine   
   Szpindor, who oversees day-to-day House operations as chief administrative   
   officer.   
      
   The Virginia Democrat criticized House GOP leaders for moving through   
   legislation that would raise the debt limit through March 2024 while   
   cutting roughly $4.5 trillion in spending, even though the plan is dead on   
   arrival in the Democratic-led Senate.   
      
   "As we quickly approach a default, Congress is failing to protect seniors,   
   servicemembers, Veterans, and all Americans who would be impacted by a   
   default," she wrote, adding that "hyper-partisanship in Congress is   
   jeopardizing the economic strength and security of our country, the   
   stability of global markets, and the world's faith in the credit of the   
   United States of America."   
      
   Spanberger requested Szpindor prepare to withhold pay for members of   
   Congress until it passes and President Biden signs a bill raising or   
   suspending the debt ceiling.   
      
   Treasury Secretary Janet Yellen warned Congress this month that the U.S.   
   could default on its debt as soon as June 1 if Congress does not raise or   
   suspend the nation's borrowing limit by then, raising the stakes for Mr.   
   Biden and House Speaker Kevin McCarthy to reach a deal to address the iss   
   and stave off an economic crisis.   
      
   But the president and the GOP leader have been engaged in a stand-off over   
   how to avoid default, with Mr. Biden and congressional Democrats warning   
   they will only accept a "clean" bill that solely raises the nation's   
   borrowing authority. Republicans, however, are pushing to pair a debt-   
   limit increase with cuts to federal spending.   
      
   Mr. Biden met Tuesday with McCarthy, House Minority Leader Hakeem   
   Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader   
   Mitch McConnell at the White House to discuss a path forward on a debt   
   ceiling deal, though the meeting failed to yield much progress.   
      
   "I didn't see any new movement," McCarthy told reporters outside the White   
   House.   
      
   The president, meanwhile, said the meeting was "productive," but   
   reiterated that he would not accept sweeping spending cuts.   
      
   A meeting between Mr. Biden and the congressional leaders set for Friday   
   was also postponed while staff-level discussions continue.   
      
   Though the House has passed a plan that lifts the debt ceiling, it has no   
   chance of becoming law. In addition to the opposition in the Senate, where   
   Democrats control 51 seats, the president has threatened to veto the plan.   
      
   The bill represented McCarthy's opening bid to Mr. Biden in negotiations   
   over a deal to address the debt limit and was a crucial victory for the   
   Republican leader in his efforts to keep together the various factions of   
   the GOP caucus.   
      
      
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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