{"id":50587,"date":"2023-06-01T06:34:32","date_gmt":"2023-06-01T10:34:32","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=50587"},"modified":"2023-06-01T06:34:32","modified_gmt":"2023-06-01T10:34:32","slug":"a-possible-resolution-to-the-debt-ceiling-crisis","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=50587","title":{"rendered":"A Possible Resolution To The Debt Ceiling Crisis"},"content":{"rendered":"

On Sunday, Breitbart<\/a> reported that Congress has released the details of the debt deal agreement that should avoid a government shutdown. As was to be expected, there are some good things and some bad things. There is also some griping from people who don’t want any compromise. Although I can identify with those people, I think the deal we got was the best we were going to get. The only thing that really will prevent a government shutdown by the Biden administration is the polls that are showing that the Biden administration would be blamed for that shutdown. The Democrats control two branches of government, so it makes it hard to blame the Republicans for much.<\/p>\n

The article reports:<\/p>\n

Congress released a bill package Sunday to increase the nation\u2019s debt limit in exchange for a number of Republicans\u2019 desired spending cuts and other concessions.<\/strong><\/p>\n

House lawmakers will have three days to review the 99-page bill, called the Fiscal Responsibility Act, before they are set to vote for it as soon as Wednesday. The bill can be viewed here<\/a>.<\/strong><\/p>\n

House GOP leadership said in a statement that the legislation, which raises the debt ceiling through January 2025, included a \u201chistoric series of wins.\u201d<\/strong><\/p>\n

\u201cThe Fiscal Responsibility Act does what is responsible for our children, what is possible in divided government, and what is required by our principles and promises,\u201d the leaders said. \u201cOnly because of Republicans\u2019 resolve did we achieve this transformative change to how Washington operates.\u201d<\/strong><\/p>\n

The bill rescinds funds that have been allocated toward COVID, mandates student loan payments to resume in August, rescinds a portion of unused funding allocated toward the IRS, expands work requirements for certain welfare recipients, and tightens permitting processes under the\u00a0National Environmental Policy Act.<\/strong><\/p>\n

The bill also caps discretionary spending for the next two years and includes a provision pushed by Rep. Thomas Massie (R-KY) to force Congress into funding the government through 12 appropriations bills rather than one omnibus bill.<\/strong><\/p>\n

The good things I see are the resumption of student loan payments, rescinding COVID funds, and funding the government through appropriations bills rather than one omnibus bill. If those three things remain in the final bill, then we have made some progress.<\/p>\n

UPDATE: The bill passed the House last night. It\u2019s not a great bill, but it\u2019s not an awful bill. It is probably the best we can do right now.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

On Sunday, Breitbart reported that Congress has released the details of the debt deal agreement that should avoid a government shutdown. As was to be expected, there are some good things and some bad things. There is also some griping … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[16619,10348,389,16618,11674],"class_list":["post-50587","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-appropriations-bill","tag-breitbart","tag-debt-ceiling","tag-fiscal-responsibility-act","tag-omnibus-bill"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/50587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50587"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/50587\/revisions"}],"predecessor-version":[{"id":50629,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/50587\/revisions\/50629"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}