Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Dec. 8, 2021: ‘The least bad deal’

Dec. 8, 2021: ‘The least bad deal’

FromPOLITICO Playbook Daily Briefing


Dec. 8, 2021: ‘The least bad deal’

FromPOLITICO Playbook Daily Briefing

ratings:
Length:
3 minutes
Released:
Dec 8, 2021
Format:
Podcast episode

Description

The idea started out promising, at least from the GOP’s perspective.
Over the summer, Mitch McConnell surprised much of Washington when he
drew a bright line on the debt ceiling, demanding Democrats use
reconciliation to raise the borrowing cap on their own. The idea was to
force President Joe Biden's party to vote to increase the $29 trillion
debt by a specific number — then hammer them for out-of-control spending
on the camping trail. Republicans cheered.

But while McConnell struck a deal with Chuck Schumer on Tuesday that
will ultimately achieve the same result, his method of getting there has
left many of his own rank-and-file members unhappy. Instead of gumming
up the works by forcing Democrats to use reconciliation, he agreed to a
convoluted strategy that enables Democrats to bypass the filibuster.

It goes like this: At least 10 Republicans will have to join Democrats
as early as Thursday in approving new legislation allowing Schumer’s
party to temporarily raise the debt ceiling by a simple majority vote.
Maybe they’ll get more GOP backing; but maybe not.

Subscribe to POLITICO Playbook.

Raghu Manavalan is the Host of POLITICO's Playbook.
Jenny Ament is the Senior Producer of POLITICO Audio.
Released:
Dec 8, 2021
Format:
Podcast episode

Titles in the series (100)

POLITICO Playbook's must-listen briefing on what's driving the day in Washington.