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Schumer announces Senate hearings to 'expose' GOP debt limit bill starting this week

  
Via:  Nerm_L  •  last year  •  4 comments

By:   Julia Mueller (The Hill)

Schumer announces Senate hearings to 'expose' GOP debt limit bill starting this week
The Senate will show the public what this bill truly is

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Default looms.  And the priority for Schumer is to play politics.  The Federal government defaulting on its debt will be far, far worse than anything Republicans have put forward. 

Democrats claim that raising the debt allows government to pay its bills.  That's a blatant lie.  Democrats could have worked within the existing limit during Biden's first two years in office.  But that's not what happened.  Biden and Democrats saw the debt limit as free money that could be spent.  So, Democrats created Federal obligations with no way to pay for them other than with more debt.  

McCarthy and the House have passed a bill to address the debt limit.  The House has done its job.  That's how our democracy works.  The Senate needs to do its job.  But now we know Schumer's priorities are to undermine the process of a democratic government so he can engage in undemocratic coercion.  Even if the Republican controlled House rescinds the bill it passed, default looms.  Schumer still needs to do something to avoid default.  Political stunts won't accomplish anything.


S E E D E D   C O N T E N T


Senate Majority Leader Chuck Schumer (D-N.Y.) on Monday announced the Senate will hold hearings to "expose the true impact" of House Republicans' proposal to lift the debt ceiling.

In a letter to lawmakers, Schumer called the Default on America Act (DOA), which passed the Republican-majority House last week, "hastily drafted" and a "hard-right ransom note to the American people." The bill is dead-on-arrival in the Democrat-controlled Senate.

"The Senate will show the public what this bill truly is. Beginning this week, our Committees will begin to hold hearings to expose the true impact of this reckless legislation on everyday Americans," Schumer said.

The Budget Committee will hold a hearing on the DOA on Thursday, titled "The Default on America Act: Blackmail, Brinkmanship, and Billionaire Backroom Deals."

The Republicans' proposal offers only two choices, Schumer argued: "Either default on the debt, or default on America, forcing steep cuts to law enforcement, veterans, families, teachers, and kids. Democrats will not allow it."

Republicans and Democrats are locked in a tense debate over how to address the debt ceiling and the threat of a default, which could hit as soon as June if the borrowing limit isn't raised.

The White House has insisted on a "clean" increase — while the House Republican bill would raise the debt ceiling and cut spending.

"Speaker McCarthy has surrendered to the far-right extremist members of his caucus and the DOA is their crown jewel. In backrooms, they pulled together a slew of unpatriotic and harmful policies that would take the country backwards," Schumer said in the letter.

"Let's be perfectly clear: The Republican Default on America Act does nothing to actually resolve the looming debt crisis, and it has no hope of ever becoming law. If anything, the MAGA House Republicans' actions have increased the likelihood of default."


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Nerm_L
Professor Expert
1  seeder  Nerm_L    last year

Schumer fiddles while Rome burns.  Biden could have avoided this crisis with fiscal restraints to stay within the existing debt limit.  That's the power of the veto.  But that's not what happened.  Biden and Democrats spent to the limit and created this crisis.  And now Biden wants to fix the crisis by getting another credit card.

 
 
 
Right Down the Center
Masters Guide
2  Right Down the Center    last year

"The Senate will show the public what this bill truly is"

Chuck chuck chuck.  Still don't get that the vast majority of Americans will not watch or care about your propaganda show.  They will show slightly more attention if things start shutting down because our government could not get their shit together long enough to solve the problem.  IMO there is plenty of blame to go around.  Maybe a little less time and effort spent on trying to demonize the other side would help but I don't really expect that of our current crop of fools.

 
 
 
Right Down the Center
Masters Guide
3  Right Down the Center    last year

"The Republicans' proposal offers only two choices, Schumer argued: "Either default on the debt, or default on America, forcing steep cuts to law enforcement, veterans, families, teachers, and kids. Democrats will not allow it."

Bullshit Chuck.  Prove it.  And while you are at it let us know your plan other than to raise the debt ceiling and keep on spending or more likely figure out ways to spend more.

 
 
 
Nerm_L
Professor Expert
3.1  seeder  Nerm_L  replied to  Right Down the Center @3    last year
Bullshit Chuck.  Prove it.  And while you are at it let us know your plan other than to raise the debt ceiling and keep on spending or more likely figure out ways to spend more.

When did local government become a Federal responsibility?  Chuck Schumer is guilty of living in an alternative reality.

Feeding the hungry, sheltering the homeless, healing the sick, and teaching the ignorant used to be religious mandates.  There have been clarion calls from many pulpits for missionary work to fulfill those religious mandates.  Popes, priests, and preachers used to engage in fulfilling those religious mandates.  Now Schumer wants to be the high priest as God's representative on earth.  Or, maybe, Schumer wants to be God.

 
 

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