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The procedural vote Wednesday afternoon on the debt ceiling. He is expected to fail. The Republicans will block it, but it is in the hours following this vote that things will really take off.
Small historical note
“The United States is already on the verge of debt degradation,” said Senator Elizabeth Warren, a Democrat from Massachusetts. “We don’t have time to mess around anymore.”
The options (most likely to least likely at this point):
Arizona’s moderate Democratic Senator Kyrsten Sinema has also expressed deep concerns about the legislative filibuster change, but let’s keep an eye out for those two as this is a narrower change.
Democrats give in and reconcile: For weeks this seemed like the most obvious option, but time is really running out for it. The process is long and complicated. It forces Democrats to say exactly how much they are increasing the debt by and Majority Leader Chuck Schumer led his caucus by saying he was not going.
It is now changed.
Republicans give in: This is what the Democrats hope. They bring the debt ceiling bill passed by the House to the ground. No Republican imposes a 60-vote threshold, and Democrats vote to raise the debt ceiling by simple majority. But, that does not happen on Wednesday. It won’t happen Thursday, and no, it won’t happen next week either.
Even if the GOP leaders got to a point where they let this slide slip, Roy Blunt, a Republican leader from Missouri, summed it up pretty well: “We really wouldn’t have the capacity to control all 50 of our members. about this question .”
See: Sens. Ron Johnson from Wisconsin, Ted Cruz from Texas, Josh Hawley from Missouri and Bill Hagerty from Tennessee (who have not been afraid in the past to delay things).
Biden does this using the 14th Amendment: There is no evidence that the White House is seriously considering the idea, but Senate Democrats have discussed it in private. In the 14th Amendment, there is a public debt clause which says that the “validity of the public debt of the United States, authorized by law, including debt incurred for the payment of pensions and bonuses for service rendered in the repression of an insurrection or a rebellion should not be called into question. . “Some read this to mean that the president can just keep paying the country’s debts. The potential problem with this route is that it would likely end up in court. It has absolutely not been tested for this use, c that’s why he’s not really on the table right now.
Back to obstruction change
Opposition to the overhaul of the legislative filibuster has been steadfast, and it outweighed Sinema and Manchin. But the Democratic leaders’ argument that this is a one-time change just for the debt ceiling sinks. Democratic Senator Jeanne Shaheen of New Hampshire, who has never supported removing legislative filibuster, told CNN on Tuesday evening that all options must be on the table for the debt ceiling.
“I’m open to anything about the debt ceiling,” she said when I asked her specifically about excluding the obstruction.
Why is it different?
For many moderate Democrats, protecting the sanctity of legislative obstruction has always concerned both the Senate as an institution and the country’s national progress from Congress to Congress. If you neutralize the legislative obstruction, you would have sharp swings in the country’s policies potentially every two years. As has been made clear by several Democratic aides over the past 24 hours, many Democrats view this debt ceiling exclusion as separate from nuclear as part of legislative filibuster. They argue that if Republicans used this two-year strategy to raise the debt ceiling on their own, it would not contribute to any drastic policy changes.
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