Lessons learned from the debt ceiling standoff more than a decade ago are rippling through Washington. biden gop kprc2 click2houston politics
Raising the nation’s debt ceiling had been a routine matter historically, a final task after Congress had authorized federal spending and appropriated the money needed to pay for the country's various programs and services.Saying Americans were “taxed enough already,” the tea party House Republicans arrived promising to slash federal spending, using the debt ceiling vote as their political leverage.
“We met for months,” Republican Eric Cantor, the former House majority leader tasked by Speaker John Boehner to negotiate with Biden, recalled in a recent interview with The Associated Press. “We all sat down. But this year, this time, President Biden is now refusing negotiate.
“Look, lowering the deficit has always been a top priority,” White House press secretary Karine Jean-Pierre said Monday at the White House. McCarthy has already shown how hard it will be to lead his majority -- it took 15 ballots just to make him the House speaker in the face of resistance from right-flank Republicans.
During his campaign to become speaker, McCarthy also agreed to the hard-right demand to reinstate a House rule that allows a single lawmaker to file a “motion to vacate the chair,” essentially a House vote to oust the speaker. One major difference compared to 2011 is that “Republicans have not coalesced" around a unified position, said Rohit Kumar, who was an aide to McConnell during that showdown.
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Debt ceiling: 2011 showdown leaves lessons for Biden, GOPLessons learned from the debt ceiling standoff more than a decade ago are rippling through Washington
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Debt ceiling: 2011 showdown leaves lessons for Biden, GOPLessons learned from the debt ceiling standoff more than a decade ago are rippling through Washington.
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Debt ceiling: 2011 showdown leaves lessons for Biden, GOPThe debate around raising the debt ceiling sounds eerily similar: Newly elected House Republicans, eager to confront the Democratic president in the White House, refused to raise the debt limit without cuts to federal spending.
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Debt ceiling: 2011 showdown leaves lessons for Biden, GOPThe debate around raising the debt ceiling sounds eerily similar: Newly elected House Republicans, eager to confront the Democratic president in the White House, refused to raise the debt limit without cuts to federal spending. Negotiations over the debt ceiling consumed Washington in 2011, a high-stakes showdown between the Obama White House and the new generation of “tea party” House Republicans.
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