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Showing posts with the label MCCONNELL THREATS

September 29, 2022 HEATHER COX RICHARDSON

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  September 29, 2022 Heather Cox Richardson Sep 30     Today the Senate approved a short-term extension of government funding to prevent a shutdown. The deal funds the government until December 16 and also provides about $12 billion in aid to Ukraine as it fights off Russia’s invasion. The House is expected to pass the measure tomorrow. Behind this measure is a potential nightmare scenario. MAGA Republicans have already threatened to refuse to fund the government unless President Joe Biden and the Democrats reverse all their policies. If Republicans take control of either the House or the Senate—or both—in the midterms, they have the potential to throw the government into default, something that has never happened before. The Republicans have this weapon because the U.S. has a weird funding system put in place more than 100 years ago. Congress appropriates money for programs that the Treasury then has to fund. But there is a “debt ceiling” for how much the government can ...