Pirate's Cove

He has a stance beyond “it’s my way or the highway” and “spend baby spend”?

White House Surprised by Lack of Support for Its Debt Stance: Report

As President Biden prepares to meet next week with House Speaker Kevin McCarthy and other congressional leaders to discuss raising the debt limit, The Washington Post’s Jeff Stein reports that the White House has been surprised that business groups and budget hawks that it thought would be in its corner in this fight are instead siding with Republicans.

The White House has insisted that Congress should raise the debt limit without conditions, as it has done before, and that the risk of a debt default should not be used as leverage to force spending cuts, which can be discussed as part of budget talks. Republicans insist they won’t raise the borrowing limit without some concessions to address the country’s fiscal outlook.

Stein cites a range of groups, from the Business Roundtable and Chamber of Commerce to the Bipartisan Policy Center and the Committee for a Responsible Federal Budget, all of which have come out in favor of negotiations between the administration and House Republicans. None have pushed for the clean debt limit increase that Biden is seeking.

Um, what made Biden and his regime folks think that budget hawks would take his side? Biden’s all about spending willy nilly with no repercussions. Why would budget hawks want that? Why would business groups want extreme spending which will jack up inflation and the cost of living, which will cause Americans to spend less on goods and services? Are those in the regime that divorced from reality? Yeah, I guess that’s rather rhetorical.

He adds that administration officials were “stunned” by a statement from the Committee for a Responsible Federal Budget calling the House Republican debt limit bill a “realistic and extremely welcome first step.” Biden officials reportedly saw that as encouraging further brinkmanship over the debt limit. “We were livid,” one told the Post.

Or, the Biden regime could come to the table and work on a reasonable and responsible budget, considering this comes from the taxes taken from the American citizens.

Republican strategist Liam Donovan told the Post that the White House made a bad bet on GOP dysfunction. “But with the passage of a GOP debt limit proposal, any industry group or think tank that is more interested in keeping the economy on the rails understands that the path of least resistance is for Biden to sit down with McCarthy and come to a deal that allows everyone to save face,” he said.

This is rather hard when Biden only works about 30 days a week and is gone every weekend.