McConnell ramps up strain on Dems on debt restrict enhance, says no assist from GOP

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Senate Minority Leader Mitch McConnell (R-Ky.) is ramping up strain on Democrats to behave on the debt ceiling alone, reasserting that Republicans won’t help them in rising the federal authorities’s borrowing restrict in a letter despatched to President Biden on Monday. 

The Kentucky Republican argued that Democrats are “nation is sleepwalking toward significant and avoidable danger” as Senate Majority Leader Chuck Schumer (D-NY) tees up a doomed vote on a House-passed, standalone debt restrict measure, with GOP lawmakers holding agency of their place it must be addressed alongside celebration traces. Republicans have argued that they’ll’t again the rise, alleging that it might greenlight Democrats’ plans to go a multi-trillion social spending bundle they really feel will exacerbate inflation and have a unfavourable impression on the financial system. 

“For many years, our working relationship has been defined not only by our strong disagreements, but also by mutual transparency and respectful candor. I write in that spirit to express concern that our nation is sleepwalking toward significant and avoidable danger because of confusion and inaction from the Speaker of the House and the Senate Democratic Leader concerning basic governing duties,” McConnell wrote, noting he has warned members throughout the aisle they’d not obtain GOP assist on the measure since July.   

McConnell criticized President Joe Biden and Democrats for using a "party-line reconciliation process" to attempt to pass spending bills.
McConnell criticized President Joe Biden and Democrats for utilizing a “party-line reconciliation process” to try to go spending payments.
AP Photo/Evan Vucci

“All year, your party has chosen to pursue staggering, ‘transformational’ spending through unprecedented use of the party-line reconciliation process. Democrats inherited bipartisan trends from COVID relief to appropriations but have chosen to govern alone. Even now, with Americans already facing painful inflation, Democrats are preparing another staggering taxing and spending spree without any Republican input or support.” 

While Democrats have repeatedly stated that passing a debt ceiling enhance alongside celebration traces units a nasty precedent — with leaders in each chambers arguing it’s essential to pay for the earlier administration’s spending and noting it was raised a number of occasions with bipartisan assist beneath Republican management — GOP lawmakers have pressed Democrats to make use of the reconciliation course of, permitting them to bypass the 60-vote threshold within the higher chamber.  

“Bipartisanship is not a light switch that Speaker Pelosi and Leader Schumer may flip on to borrow money and flip off to spend it,” he continued. Republicans’ place is easy. We don’t have any listing of calls for. For two and a half months, we now have merely warned that since your celebration needs to control alone, it should deal with the debt restrict alone as properly.” 

McConnell went on to argue {that a} single celebration elevating the debt restrict shouldn’t be unprecedented, citing Biden holding with Democrats when he was within the Senate in opting to not assist GOP calls to extend the spending restrict. 

McConnell said Senate Majority Leader Chuck Schumer and House Speaker want to use bipartisanship like a "light switch."
McConnell stated Senate Majority Leader Chuck Schumer and House Speaker wish to use bipartisanship like a “light switch.”
Rod Lamkey – CNP / MEGA

“As you and I know from shared Senate experience, this is not unusual. The debt limit is often a partisan vote during times of unified government. In 2003, 2004, and 2006, Mr. President, you joined Senate Democrats in opposing debt limit increases and made Republicans do it ourselves,” he wrote. 

“You explained on the Senate floor that your ‘no’ votes did not mean you wanted the majority to let the country default, but rather that the President’s party had to take responsibility for a policy agenda which you opposed. Your view then is our view now.” 

McConnell famous that utilizing the reconciliation course of wouldn’t impression Democrats’ plans to make use of the method to go the partisan social spending bundle, which seems to handle among the Biden administration’s prime priorities together with local weather change and the enlargement of social packages like Medicare. 

“There is one difference between then and now: Leader Schumer requested and won new powers to repeatedly reuse the fast-track, party-line reconciliation process. As a result, Senate Democrats do not need Republican cooperation in any shape or form to do their job,” he stated. “Democrats do not need our consent to set a vote at 51 instead of 60.”

“… Republicans will not build Speaker Pelosi and Leader Schumer a shortcut around procedural hurdles they can clear on their own so they have a more convenient path to jam us with a partisan taxing and spending spree,” he added. 

The Kentucky Republican then alleged that Democrats “simply cannot govern or they would rather play chicken with the U.S. economy than accept reality.”  

“… Mr. President, I respectfully submit that it is time for you to engage directly with congressional Democrats on this matter. Your lieutenants in Congress must understand that you do not want your unified Democratic government to sleepwalk toward an avoidable catastrophe when they have had nearly three months’ notice to do their job,” he stated. 

Top economists and Treasury Secretary Janet Yellen have warned that the nation has till Oct. 18 earlier than it can default on its monetary obligations, cautioning it may have a “catastrophic” impression on the financial system and monetary markets.