I saw that WaPo headline this morning and it was like a gut punch. My fear is that the GOP is fine with tanking the global economy because they think it will hurt Joe Biden's reelection chances. Clearly they prioritize winning over everything else. Let's hope if it comes to that the White House will just make the trillion dollar coin.
Post by seeyalater52 on May 4, 2023 11:54:19 GMT -5
We are expecting the May 9th Biden/4 corners to be a pretty bold stand against Medicaid work requirements and other policies included in the House debt ceiling bill. So… we’ll see.
I’m tired, and hoping that we will see a strong showing from Biden and Senate Dems because there is a lot of shit stuff in there that reeeeeally should not be political baseball with the fate of the international economy on the line.
Post by mrsukyankee on May 10, 2023 6:05:05 GMT -5
I'm wondering if other countries are going to start to step in and make comment about this, because it could have major global impacts. (I doubt the UK will because they support this sort of idiocy and don't care if our own economy is tanked).
I am really starting to freak out. We have a substantial hospital bill due for h, but I’m holding off until after the beginning of June to pay it, in case there’s a shutdown. (I’m a fed.)
I am really starting to freak out. We have a substantial hospital bill due for h, but I’m holding off until after the beginning of June to pay it, in case there’s a shutdown. (I’m a fed.)
Good news/bad news - the government wouldn't shut down, but paychecks could be delayed:
Federal employees would likely continue working during a debt-limit impasse in contrast to the government shutdowns that occur when Congress hasn’t enacted appropriations bills. That’s because federal agencies would still have legal authority, provided by Congress, to obligate funds. Thus, national parks and other government agencies would likely remain open, but federal workers’ paychecks would be delayed.
Post by seeyalater52 on May 10, 2023 11:01:00 GMT -5
Uhhh just got the notes from our lobbyist download on the four corners meeting and Dem leadership position is that it “wasn’t the worst meeting” because “nobody stormed out of the room.”
They are really trying to avoid a default first and foremost and negotiating on finer details once that is settled.
Post by seeyalater52 on May 15, 2023 9:20:30 GMT -5
Negotiators met yesterday and aides will meet again today. No links bc I’m getting this from our Hill folks, but it sounds like they need to wrap up some substantial portion of negotiations by Wed because Biden is flying abroad. Not sure how that bodes in terms of his leverage.
He did make his first unequivocal statement about Medicaid work requirements being a nonstarter, so… good for me. Probably less good for safety net folks in other fields.
Post by neverfstop on May 19, 2023 12:11:50 GMT -5
I just don't get that if the GOP is concerned about budgets and deficits all of a sudden, why not offer to roll back the Trump tax cuts on the rich and businesses? Well, I do get that they only care about screwing the poor and middle class...
Post by carrotsmakemefat on May 21, 2023 22:47:40 GMT -5
Knowing many hill staffers on both sides, I’m embarrassed this is our country. Both sides are at fault and really not coming to the table in an effective way. It’s just awful. I’m not feeling optimistic
Also, I have spoken with non partisan economists and both sides are not realistic. It’s impossible to make strides without touching the big 5 areas of funding - yet all 5 of those categories are ones no one has the guts to cut or adjust because of votes.
Knowing many hill staffers on both sides, I’m embarrassed this is our country. Both sides are at fault and really not coming to the table in an effective way. It’s just awful. I’m not feeling optimistic
Also, I have spoken with non partisan economists and both sides are not realistic. It’s impossible to make strides without touching the big 5 areas of funding - yet all 5 of those categories are ones no one has the guts to cut or adjust because of votes.
It’s a damn mess
No, that’s not true. If this were a budget negotiation you might have a point, but the debt ceiling has not historically been held hostage as it’s simply to pay bills we already agreed to pay in prior budgets. This is the extreme right wing burning our country down.
Knowing many hill staffers on both sides, I’m embarrassed this is our country. Both sides are at fault and really not coming to the table in an effective way. It’s just awful. I’m not feeling optimistic
Also, I have spoken with non partisan economists and both sides are not realistic. It’s impossible to make strides without touching the big 5 areas of funding - yet all 5 of those categories are ones no one has the guts to cut or adjust because of votes.
It’s a damn mess
No, that’s not true. If this were a budget negotiation you might have a point, but the debt ceiling has not historically been held hostage as it’s simply to pay bills we already agreed to pay in prior budgets. This is the extreme right wing burning our country down.
Agreed. Balancing the budget and reducing future addition to the deficit is different than raising the debt ceiling. I understand the need to make hard decisions on the budget, but this is different. It’s not like asking for an increase in your credit card limit so you can purchase more. The debt ceiling applies to promises that we have ALREADY made. Republicans are saying that they won’t agree to what needs to be done on A until their demands are met for B…but trying to convince their constituents that A and B are essentially the same thing and it’s like your home budget. But it’s not.
Knowing many hill staffers on both sides, I’m embarrassed this is our country. Both sides are at fault and really not coming to the table in an effective way. It’s just awful. I’m not feeling optimistic
Also, I have spoken with non partisan economists and both sides are not realistic. It’s impossible to make strides without touching the big 5 areas of funding - yet all 5 of those categories are ones no one has the guts to cut or adjust because of votes.
It’s a damn mess
No, that’s not true. If this were a budget negotiation you might have a point, but the debt ceiling has not historically been held hostage as it’s simply to pay bills we already agreed to pay in prior budgets. This is the extreme right wing burning our country down.
Agreed. Cuts to programs are discussions when they pass the funding. Not now. That’s like committing to buying a car, signing the paperwork, and now, 6 months down the road, arguing you shouldn’t have to pay.
Can someone give me a two-sentence summary of what happens to Social Security checks in this situation?
My parents only have Social Security money (well, my dad has a couple hundred from retirement) and the biggest chunk of my dad’s Social Security payment goes to his nursing home.
So now I’m panicking that he won’t get paid and then we have to contend with his nursing home throwing him out.
Can someone give me a two-sentence summary of what happens to Social Security checks in this situation?
My parents only have Social Security money (well, my dad has a couple hundred from retirement) and the biggest chunk of my dad’s Social Security payment goes to his nursing home.
So now I’m panicking that he won’t get paid and then we have to contend with his nursing home throwing him out.
Post by pinkdutchtulips on May 22, 2023 12:54:30 GMT -5
Miss R gets SS Death Benefits from her dad. We can be ok w/o them as I went nearly a decade w/o ANY kind of support from him. Its one of those nice to haves rather than necessity but it does help (her college fund was started with this monies).
carrotsmakemefat is right in that it IS a budget issue, in that the Rs want to cap spending at 2022 levels - aka no raising limits due to inflation, etc. If the Rs get that cap, then they might (still iffy because they want to add work requirements to all the things) raise the debt limit. Everyone else is right in that the debt limit needs to be raised because of already incurred budget spending.
Is it a budget issue now, or *was* it a budget issue when they passed the 2023 budget months ago? And will be a budget issue in the future. It’s really hard to understand why, when the budget for 23 is signed, sealed, and delivered but they want to go renegotiate. Or, at least that’s how it feels.
You agreed to pay be $100 for services rendered, but now you say you can’t afford it and want to pay me $80?
Is it a budget issue now, or *was* it a budget issue when they passed the 2023 budget months ago? And will be a budget issue in the future. It’s really hard to understand why, when the budget for 23 is signed, sealed, and delivered but they want to go renegotiate. Or, at least that’s how it feels.
You agreed to pay be $100 for services rendered, but now you say you can’t afford it and want to pay me $80?
They're negotiating for the NEXT budget cycle, so FY 2024. They want to lock in the total now, vs waiting to see what's in next year's budget.
Is it a budget issue now, or *was* it a budget issue when they passed the 2023 budget months ago? And will be a budget issue in the future. It’s really hard to understand why, when the budget for 23 is signed, sealed, and delivered but they want to go renegotiate. Or, at least that’s how it feels.
You agreed to pay be $100 for services rendered, but now you say you can’t afford it and want to pay me $80?
They're negotiating for the NEXT budget cycle, so FY 2024. They want to lock in the total now, vs waiting to see what's in next year's budget.
Got it. So… yeah… ok. I see it. Next budget cycle doesn’t affect June 1 though.
Knowing many hill staffers on both sides, I’m embarrassed this is our country. Both sides are at fault and really not coming to the table in an effective way. It’s just awful. I’m not feeling optimistic
Also, I have spoken with non partisan economists and both sides are not realistic. It’s impossible to make strides without touching the big 5 areas of funding - yet all 5 of those categories are ones no one has the guts to cut or adjust because of votes.
It’s a damn mess
No, that’s not true. If this were a budget negotiation you might have a point, but the debt ceiling has not historically been held hostage as it’s simply to pay bills we already agreed to pay in prior budgets. This is the extreme right wing burning our country down.
Not from what I see and hear. But we can agree to disagree. Sadly this country will get nowhere and will be complete gridlock until bipartisan ideas and deals can be made again.