GOP budget plan alarms Democrats; Durbin presents the November calendar

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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.

Earlier: Law, spending cap plans tied by GOP to debt limitation agreement

“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.

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Rep. John Yarmuth (D-Ky.), Chairman of the House Budget Committee (right) listens to ranking member Rep. Jason Smith (R-Mo.) in March 2022 in Washington, DC

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.

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Sen. Richard Durbin (D-Ill.) listens to Senate Majority Leader Chuck Schumer (DN.Y.) speak during a press conference September 28, 2022 in Washington, DC

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.

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Don’t like the results? Changing the Rules: Ballots and Limits

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.

Join our webinar on the October 19 elections : Bloomberg Government Election Guru Greg Giroux will provide a high-level update on the midterm elections and answer your questions during our October 19 webinar. register here .

To contact the reporters on this story: Jack Fitzpatrick in washington at [email protected]; Nancy Ognanovitch in washington at [email protected]; Andre Petit at [email protected]

To contact the editor responsible for this story: Michaela Ross at [email protected]

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