On Wednesday, former President Donald Trump targeted one of his favorite targets, Senate Leader Mitch McConnell (R-KY), accusing him of “folding” at Democrats over a proposed deal to delay a potential debt ceiling default.
Trump’s criticism of McConnell immediately followed McConnell’s offer for a deal to Democrats that would allow them to borrow more money from the US until December, without having to use atonement or bypass the filibuster.
sen. McConnell offers short-term debt ceiling solution – https://t.co/6BOApqkc03 #OANN
— An America News (@OANN) October 7, 2021
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Preventing economic crisis
In a statement, Trump said, “Looks like Mitch McConnell is folding to the Democrats again. He’s got all the debt ceiling cards, it’s time to play the hand. Don’t let them destroy our country!”
“Looks like Mitch McConnell is folding to the Democrats again. He’s got all the debt ceiling cards, it’s time to play the hand. Don’t let them destroy our country!” —President Donald J. Trump pic.twitter.com/YfDejLfade
— Liz Harrington (@realLizUSA) October 6, 2021
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Treasury Secretary Janet Yellen and other Democrats warned that failing to raise the debt ceiling could spark a major economic crisis.
Under the terms of the deal, Congress can lower the debt ceiling by about $480 billion. The Treasury Department had previously stated that the country would run out of money on October 18.
In a statement that could prove Trump is right to call McConnell’s actions “folding,” Senator Bernie Sanders (I-VT) said, “Actually, I’m glad Mitch McConnell has finally seen the light.” The Republicans “finally did the right thing and we now have at least a few more months to get a permanent solution.”
With a little more snark, Senator Chris Murphy said that provided the final details of the agreement were finalized, “for the next three months we will continue to make it clear that we are ready to continue voting to pay our bills and Republicans are not. ”
Raising the debt ceiling to avoid defaulting is equivalent to taking out a personal loan to pay off a credit card.
You don’t solve the problem.
— Chase Geyser (@realchasegeiser) October 7, 2021
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What McConnell and the Republicans are saying?
In a statement released Thursday, McConnell appeared to be bluffing Democrats about debt ceiling time constraints:
“The path our Democratic colleagues have chosen will spare the American people any short-term crisis, while definitively taking away the majority’s apology that they didn’t have time to deal with the debt limit (reconciliation). Now there will be no doubt about it: they will have plenty of time.”
Prior to Thursday’s agreement, McConnell had insisted that Democrats were on their own to raise the debt ceiling. On Wednesday, however, he offered to mediate.
Not everyone in the GOP agreed with the agreement. sen. Lindsey Graham (R-SC) agreed with Trump. saying, “This is a full capitulation.” He added:
“I think this is just a mistake. I don’t understand why we did this fold here at the very end because what you’re going to do is encourage his parents. And I’m not going to live under the threat of the filibuster being changed every time that we are arguing. I didn’t do that when we were in charge. If they want to change the filibuster then change it.”
What did Mitch McConnell get in exchange for extending the debt limit?
And the answer is: nothing.
— Emerald Robinson ✝️ (@EmeraldRobinson) October 7, 2021
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Trump not a fan of McConnell
It’s no secret that Donald Trump and Mitch McConnell have never been best friends. In every way they have had a cordial working relationship. That ended on January 6, 2020, when McConnell went after Trump for challenging the results of the 2020 presidential election.
The Wall Street Journal recently reported that Trump had contacted senators and other Trump allies to gauge interest in removing McConnell from the GOP leadership.
During a recent interview with The Federalist, Trump said, “I think Mitch McConnell turned out to be a disaster. He’s not good for the Republican Party as a leader, and I wish I hadn’t supported him.”
Trump had this to say about the debt ceiling:
“The way I look at it, what the Democrats are proposing, on so many different levels, will destroy our country. Therefore, Republicans will have no choice but to do what they must, and Democrats will have no choice but to admit all the horrors they are trying to inflict on the future of the United States.”
Republicans bow to debt ceiling and buy time for Biden’s state dependency disaster to come together. Compiled nonsense.
— Brian Brenberg (@BrianBrenberg) October 7, 2021
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