Mr. McCarthy unveiled his debt-ceiling strategy this week, and the party looks to have found a landing spot.
In a Tuesday letter to Mr. Biden, Mr. McCarthy notes the rapidly approaching "X" date for hitting the country's borrowing limit and asks for a meeting.
As Bugs Bunny says, McCarthy has utilized his time wisely and employed strateegery.
Mr. McCarthy can do this in part because of the work of Louisiana Rep. Garret Graves, who for months has been holding talks with the speaker's office and the heads of the "Five families"-ideologically diverse caucuses that represent the bulk of House GOP members.
Republicans may not yet have agreement on a budget, but those meetings and communications did produce support for the list of spending reforms Mr. McCarthy now offers in return for a debt-ceiling hike.
What does the Senate majority leader do when McCarthy trots this plan out.
If Mr. Biden still refuses to negotiate, Mr. McCarthy could move to pass a short-term debt-ceiling increase with some modest savings attached.
No comments:
Post a Comment