the coming debt limit war

[Spracne]

Never go full Revolver.

[steve dave]

I love how the market just calls their bluff every day no matter what they say/do. like the bond market calling jerome's bluff all day every day. so pure.

[sys]

if he McCarthy votes for the ceiling, they will most likely recall him and he will most likely lose his speakership.

anything is possible, but this doesn't look likely at the moment.  the republican caucus appears to be pretty united and content with how mccarthy is negotiating.  the freedom caucus will vote against the deal, but be willing to see it pass with dem votes.

[sys]

I just can’t fathom they won’t cut a deal

appears to have nailed it.  not much drama this iteration.

[DaBigTrain]

Fire up the money printer again 

[sys]

mccarthy deserves some credit, i think.  when he needed like 140 rounds to be elected speaker people were saying he'd be the weakest speaker in history and beholden to the freedom caucus.  instead, it looks like he's gonna deliver the majority of his caucus for a no-drama, super ordinary deal and the freedom caucus isn't going to do anything more than whine to the press.

Democrats should be pretty pleased with this deal. No actual spending reductions (a partial freeze), possibly very minor tweaks in other policy areas. Probably the best Republicans could realistically get, but also the best Democrats could hope for. https://t.co/9LVObmyClU

— Brian Riedl 🧀 🇺🇦 (@Brian_Riedl) May 28, 2023

[sonofdaxjones]

Just money (until we say otherwise, when it’s politically expedient to say otherwise)

[steve dave]

mccarthy deserves some credit, i think.  when he needed like 140 rounds to be elected speaker people were saying he'd be the weakest speaker in history and beholden to the freedom caucus.  instead, it looks like he's gonna deliver the majority of his caucus for a no-drama, super ordinary deal and the freedom caucus isn't going to do anything more than whine to the press.

Democrats should be pretty pleased with this deal. No actual spending reductions (a partial freeze), possibly very minor tweaks in other policy areas. Probably the best Republicans could realistically get, but also the best Democrats could hope for. https://t.co/9LVObmyClU

— Brian Riedl 🧀 🇺🇦 (@Brian_Riedl) May 28, 2023

Yeah, agree. Nicely done.


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[Cire]

Joes got that centrist soft spot for the other side of the aisle


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[bucket]

I feel bad about how much I’m enjoying the MAGA tears surrounding the debt deal.

[wetwillie]

Did we cut the military budget to avoid default?

[sys]

Did we cut the military budget to avoid default?

no, we're good.

[Dugout DickStone]

I feel bad about how much I’m enjoying the MAGA tears surrounding the debt deal.

that's pretty mean, I am a mess over here.  can't stop blubbering

[MakeItRain]

Did we cut the military budget to avoid default?

  yeah right

[wetwillie]

[sys]

more of a feel good, common grounder than a war.

DEBT LIMIT BILL PASSES  314-117  

149 GOP yes
165 DEM yes

— Jake Sherman (@JakeSherman) June 1, 2023