Leading congressional Democrats warn House Republicans are risking economic disaster by planning to use next year’s debt limit deadline to extract Conservative fiscal concessions – potentially including changes rights eligibility and other measures, reports Jack Fitzpatrick.
House Republicans interested in becoming Budget Committee chairman in the next Congress have said in interviews that the GOP will use an upcoming deadline to raise or suspend the debt ceiling to push for conservative fiscal priorities. . The Bipartisan Policy Center has estimated that the deadline will fall in the third quarter of calendar year 2023.
“In terms of Social Security and Medicare, they said they would use the debt ceiling,” Speaker Nancy Pelosi (D-Calif.) said during a New York roundtable on the health issues, according to a transcript from his office. “So you have to raise the debt ceiling, they would use that as leverage to get President Biden to agree to cut Social Security and Medicare. We simply cannot let this happen.
House Budget Chairman John Yarmuth, D-Ky., said Republicans risk undermining the stability of the U.S. economy by planning to use the debt ceiling as leverage. “Congressional Republicans are so committed to gutting Social Security and ending Medicare as we know it that they are willing to risk economic catastrophe to achieve it,” Yarmuth said in a statement.
Rep. Don Beyer (D-Va.), chairman of the Joint Economic Committee, also said in a statement that the Republicans’ plan is “a political game that would be economically disastrous for seniors, families and our entire economy.”
Durbin outlines Senate plans for November
The Senate will likely spend its first week after the midterm elections pursuing a two-track strategy of confirming more of President Joe Biden’s judicial nominees and advancing this year’s National Defense Authorization Act. year, Majority Whip Dick Durbin (D-Ill.) told reporters today.
The chamber is due to return Nov. 14 and vote immediately on whether to nominate a nominee to serve as a Puerto Rico District Court judge. Durbin said he expects consideration of nominee Maria del R. Antongiorgi-Jordan to be quickly followed by votes on other judges.
But he said the Senate would work on the NDAA at the same time (HR 7900), must-have legislation governing the Pentagon and other national security programs. On Tuesday, the Senate formally passed the measure, making it the pending business of the chamber when lawmakers return.
“We can do it in parallel under the rules of the Senate, and I hope the judicial candidates will fit into the other program because they are essential,” Durbin said after holding a Judiciary Committee hearing on several Biden’s other picks.
It also happens on the Hill
Senator Elizabeth Warren (D-Mass.) is leading a group of Democratic lawmakers pressing Texas officials for details on how cryptocurrency miners can strain the state’s power grid, impact change climate and take advantage of schedules to ensure the lights stay on.
Republican Senator Marco Rubio (R-Fla.) Seeks $33 billion in additional spending to help Florida, its residents and local governments in the aftermath of Hurricane Ian.
About the Administration
The Biden administration has cited inflation — the Democrats’ biggest political liability — as a threat to national and global security, less than a month before the midterm elections that will decide control of Congress.
Minority farmers who sought to take advantage of a US debt relief program amid a lawsuit that the government failed to provide any promised reparations and reneged on a deal to resolve their allegations of discrimination.
The Biden administration is considering a humanitarian parole program for Venezuelans fleeing their country, in an effort to reduce the number of people seeking to illegally enter the United States at the southern border.
Covid vaccine makers Pfizer and Moderna have received US regulatory clearances for their targeted omicron boosters for children as young as five years old.
Biden called the U.S. Supreme Court “more of an advocacy group” during a speech at an online fundraiser on Tuesday night.
The underwriting industry and its pipeline of marijuana stocks eager to go public on a major U.S. exchange are eyeing a potential boon from Biden’s order asking the federal government to review the drug’s legal status.
A copyright dispute over Andy Warhol’s celebrity images has embroiled the US Supreme Court in a heated and sometimes amusing debate involving Steven Spielberg, “The Lord of the Rings” and Justice Clarence Thomas’ years in as a Prince fan.
The Biden administration is considering a comprehensive ban on Russian aluminum — long shielded from sanctions because of its importance in everything from automobiles and skyscrapers to iPhones — in response to Russia’s military escalation in Ukraine.
Former U.S. energy secretaries who served under the previous two presidents have criticized Russia’s proposed oil price cap, which the Biden administration backs as a way to punish Moscow while maintaining market stability.
President of Russia Vladimir Poutine said that all energy infrastructure in the world is at risk after the explosions on the Nord Stream gas pipelines.
China is the United States’ only competitor with the “ability to reshape the international order,” while Russia remains a danger to be contained, the Biden administration said Wednesday in its long-delayed national security plan.
Elections, politics and polls
A U.S. Supreme Court order involving the counting of undated mail-in ballots in Pennsylvania risks a chaotic post-election in a state with a close race that could determine which party controls the Senate.
The usually sleepy Republican candidates for Secretary of State are being hit with a $46 million barrage of ads highlighting their support for conspiracy theories, demonic possession allegations and attempts to cancel the 2020 election.
Voters in Arizona and Arkansas will decide in November whether to weaken their own power.
The race between the incumbent Democratic senator Raphael Warnock and republican Herschel walker remained tight as polls suggest Walker’s bid suffered no significant damage following a scandal over an alleged abortion and ongoing family drama.
Johnson’s lead widens in Wisconsin Senate race: Marquette poll
Republican Sen. Ron Johnson leads Democratic challenger Mandela Barnes 52% to 46% for the Wisconsin Senate race, according to a Marquette University poll.
Former president donald trump has lost its bid to delay a libel suit brought by a woman who claims to have raped her in the 1990s, while ensuring it will be filed by her accuser’s lawyers next week.
Voters in a handful of states have the chance to clip their own electoral wings through ballot questions, Ohio is creating an electoral integrity division, and the latest midterm race to watch is in the latest Ballots & Boundaries newsletter.
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To contact the editor responsible for this story: Michaela Ross at [email protected]