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Why Mitch McConnell is threatening to hurt the economy on purpose (726 hits)


Why Mitch McConnell is threatening to hurt the economy on purpose

A full decade after the nation's first-ever debt ceiling crisis, Mitch McConnell and his fellow Republicans are gearing up for a dangerous sequel.

By Steve Benen
In most legislative fights, Democrats and Republicans operate in competing versions of reality. From health care to taxes, climate to immigration, the major parties often can't agree what to do because they can't agree on what's real.

But the debt ceiling is qualitatively different.

Both parties are well aware of the fact that raising the debt ceiling allows the United States government to meet its fiscal obligations. Both parties fully understand that if the country fails to raise the debt ceiling, and our government defaults on its obligations, the results would be disastrous.

This isn't one of those fights in which Republicans struggle with substantive details, ignore the experts and concoct a weird alternate reality. GOP officials and Democratic officials are on the same page: Congress must pay its bills to protect the full faith and credit of the United States.

The problem right now is that Republicans are simply refusing to govern responsibly. NBC News reported yesterday on.

A battle over the debt limit on Capitol Hill is intensifying after Senate Minority Leader Mitch McConnell and other Republicans dug in this week against voting to raise it.... "Let me be crystal clear about this: Republicans are united in opposition to raising the debt ceiling," McConnell, R-Ky., told reporters after a Senate GOP caucus meeting Tuesday.

The Kentucky senator justified his position — conceding that he's voted for plenty of other debt ceiling increases — by arguing that Democrats are pursuing an ambitious economic agenda that Republicans don't like.

READ MORE: Why Mitch McConnell is threatening to hurt the economy on purpose https://www.msnbc.com/rachel-maddow-show/w...
Posted By: Dea. Ron Gray Sr.
Thursday, September 16th 2021 at 10:10PM
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