Bipartisan Lawmakers Preparing Plan to Avert Debt-Ceiling Crisis

Biden is not giving in to the hostage takers demands, what do you think they will do to the hostages

 

They are not wanting a deal. They are trying to satisfy the extreme hard-right lunatics of the party, which is how McCarthy became the Speaker, the weakest SOTH in the history of the legislature. The GOP tried this in 2011 and got burned. They will get burned again because of the hard right group within the GOP. But it is not negotiations. And they are using a false argument to do so.

As I said, they can simply raise the debt. It is already for the bills incurred. But that does not make the base happy and it shows that the GOP knows they lost the votes when those bills are passed. Hence why the "negotiation" so that they can "win" on all the legislation they lost in the last legislure. It is simply a "do over" for the GOP, nothing more, nothing less. Time to accept those losses as a man if you have the cajones.

 

Actually, it is. It is with the US Economy that the Russian Roulette is going. Again, pass the debt ceiling without any thing, then work on the budget and see what you come up with in "negotiations" with the Democratic Senate. that is how to reduce the debt increase for future year or years depending on how you work the budget. But again, that is not what the hard right wants within the GOP and still have this lame brained idea of trying to do both.

 

That may be the argument but that is not the reality. It is based on a false premise. Again, the GOP is trying to "negotiate" on the bills that were passed last session in order to remove all or part of it. This is ranging from the infrastructure bill, Inflation Reduction Act, and others, all of which the GOP screamed "socialism" for not voting for the bill. And then they want to take down the least amount of spending in the discretionary fund, foreign aid, the public discharge payments such as SNAP and other welfare benefits, Social Security, Medicare, etc. And the only reason is they do not have the votes in both houses to do this. This is all on the far right wing of the GOP.

 

Fake news. Planned funding in excess of the borrowing authority is conditional only.

Fake News. Social Security and Medicare isn't discretionary funding.

Classified Joe lies about his plans to attack Medicare Advantage Funding.

Classified Joe gets caught lying about his plans to cut Medicare

The GOP will prevent Classified Joe and the like-minded Democrats from Destroying Social Security, Medicare and the Financial Integrity of the United States


Classified Joe is trying to cut Medicare.

SPEAKER MCCARTHY WARNS CLASSIFIED JOE THAT HE BETTER NOT TRY TO LAY A SINGLE FINGER ON MEDICARE AND SOCIAL SECURITY.

"Cuts to Medicare and Social Security, they're OFF THE TABLE." — @SpeakerMcCarthy on increasing the debt limit


JUST TELL JOE 'NO!'

McCarthy emphasized in January in his “Commitment to America” that they will strengthen Social Security and Medicare, and they will not let Classified Joe and his ilk cut them.'

Biden's WH Claws $4.7B out of Medicare in 2023:
'First, the Centers for Medicare and Medicaid Services (CMS) announced that they would “claw back $4.7 billion from 2023 through 2032” in overpayments. That could then lead to “higher costs to plans” that “could lead some insurers to pull out of markets — and beneficiaries could face higher costs, fewer plan choices or reduced supplemental benefits under the Medicare Advantage program, per an Avalere analysis.”'

But that's not all: Biden and his ilk are cutting another $3B from Medicare in 2024:

In the second move — which is even more concerning — Medicare Advantage insurers would face an average 2.3 percent cut to baseline payments in 2024, Biden’s CMS said on Wednesday. That would be a net cut of more than $3 billion to the industry.

'House Republican Study Committee (RSC) Chairman Kevin Hern (R-OK) sounded an alarm about what Biden was doing. Hern warned where Biden was going with this, “Biden just cut nearly $5 billion in funding for Medicare Advantage, and this is just his first step. The end goal is to get everyone – not just seniors – onto government-controlled, Medicare-for-All plans.”'

If Biden wants to cut Medicare for Seniors, he is free to start with himself.

 

That is absolutely the reality. Biden has already missed his statutory requirement to have submitted his budget and all we have are empty promises as to when he will finally submit it. The budget process is a negotiation and only ONE side is refusing to negotiate and that is the Dems led by Biden. The Reps will pass their proposals and then if the government shuts down that is on Biden and the Dems. It has nothing to do with the other bills. The Dems could care less about fiscal policy and the deficit and debt and the inflation and pain they cause the working people. This is all on the left wing, the Dems and Biden.

 

The US economy will be just fine and the obligations can be paid by current revenues OF COURSE our level of spending should be a concern in extending the debt ceiling else we will be right back here in 6 months and it will be even worse.

 

I am interested in hearing how the GOP is planning to balance the budget without cuts to Medicare, SS and defense (those three are the elephant in the room). I am glad that McCarthy came forward that such cuts are off the table. However, the math doesn't work out. Maybe you can enlighten us. Or, maybe another tax cut will help?

 

You're asking two questions:

1. What are we going to do about the remainder of the year, and spending between when our credit limit has been hit but, it's not yet 9/30/2023 and the end of the current fiscal year.

So you are talking about the 75 days or so between midsummer and the end of the fiscal year, and you are only talking about whatever proposed spending is left, that's above the cap.

The GOP House has already committed to raising the debt ceiling enough to get to the end of the fiscal year, with cent or two reduction on the dollar, of planned remaining discretionary spending.

Your other question, in my mind, is "how do we balance the budget going forward?" And the proper place for those questions to be answered in in the upcoming budget bills for the NEXT fiscal year, which starts 10/1/2023.

I think the realistic take is to 'start on the path toward' a balanced budget.



I think that the Federal government spends far more money than they have the ability to spend well. Just one example, Congress was funding the training of COVID to infect humans, in a Bioweapons Lab in China, and I bet that most if not nearly all of the members of Congress were completely unaware of that. These massive omnibus bills, dropped at the last minute, a stack of paper that you need a hand truck to move, that no one reads through before they are passed, it's just not an efficient way to spend $6-7T/year. Hopefully they get back to regular order budgets with the 10 appropriations bills developed through committee with lawmakers having ample time to read through them before they vote.

I don't think spending money is a problem, but, spending it well is the due honor to those who paid the taxes to make that spending possible.

Medicare and Social Security are Non-Discretionary Spending as is service on the debt. I expect all progress to be made on the Discretionary side of the budget.

Defense Spending - I expect spending for Ukraine to be in separate appropriations. We are engaged in a proxy war with Russia, the nation with the biggest arsenal of nuclear weapons and they have the means to deliver them to any part of the globe. That's serious business, and it may be proper business, but, it's of a level of importance that it requires a separate recorded vote from every member of Congress. Further, by making it a seperate appropriation, it is not added to the baseline defense budget.

I also think that the previous president was right, that our allies need to make their own spending commitments for the NATO alliance, and since our weapons are clearly best overall, we should be able to expect a significant amount of that additional spending to be at US arms makers and so a benefit to our GDP. Currently we spend more, if they spend less, so hopefully if our allies spend more, we can can spend less.

Joe mentioned several tariffs. I support that. The previous president's use of tariffs worked fairly well, Joe's signalled intention to use them to boost manufacturing and move our supply chains back home strike me as very good plans. The increased GDP, increases treasury income, as does the tariff collections.

I'd like to see the Federal Government gradually sell off assets that are unneeded and have annual maintenance costs. The Federal Government owns a ridiculous amount of assets in the 13 western states.



I'd like to see the Federal Government organize their holdings and start slowly (so that they do not depress asset prices) off loading unneeded assets with annual maintenance costs.

I'd like to see more sales of natural resources to be developed for the benefit of We The People who collectively own them. All of these steps generate revenue to the treasury.

TAXES: There has been a big shift with the ultra wealthy and big business going woke and crony capitalist. They have long presumed that the GOP would protect them from predatory behavior by the Dems, but, that is no longer a safe assumption. It's more like "you have made your pick, own it."

Here's Tom Cotton explaining the lay of the land to these Woke Corps.

https://youtube.com/shorts/3sVdkeyS0YI?feature=share

https://www.youtube.com/shorts/3sVdkeyS0YI

 

Amendment to the COTUS that the Founders should have thought of:

"Tax the Hell out of corrupt all the plutocrats and transfer that wealth to non-union working stiffs."

 

If our credit rating goes down again, as it did in 2011, uncertainty will rain in the marketplace. That means less FDI, stock markets will go bear or will have downward pressure, and may hasten the recession or make the recession even worse than if this was not the case. Second, I don't think they have until May or June, but the more likely end of March to the end of April, which is not that far away to get the debt ceiling solved. Otherwise, a partial government shutdown will commence to meet the current obligations. And currently, credit raters are split currently, but again, that won't last long. So yes, it is still Russian Roulette here.

https://www.bloomberg.com/news/arti...-splits-credit-raters-on-us-downgrade-trigger

 

No, that is not the reality. That is the game the GOP is playing. Yes, the budget process is negotiable which makes the point that you don't need negotiations with the credit limit, do you? With 13 separate bills and no budgetary reconciliation at play, whatever budget passes the house, 60 senators will need approval. I can guarantee that the Department of Treasury, Energy and Water, Education, HHS, Labor, Commerce/Justice/State, Agriculture, and District of Columbia will never pass the 60-vote muster in the Senate that is required. So again, partial government shutdown even if these bills have no riders or other things in them that Republican Senators usually use. So, the whole point is a government shutdown whether they get their "budget cuts" or not in whatever debt ceiling deal they are trying to manufacture. And that ios the true reality. What they are arguing is simply a distraction, nothing more, nothing less.

 

No it is not. Planned funding is set by law. paying for it is based on the amount of credit we can issue T Bills and B Bonds on. It still has to be paid. Otherwise, the Federal credit rating goes down and that means more interest the Federal Government pays.

For starters, Democrats are not the ones who want SS and Medicare to be cut. That is the GOP plan. They have made offers to change the COLA for how SS benefits are increased each year with proposals such as tiered payments based on income, increasing the age, decreasing the benefits one does receive if they get Social Security or Medicare, and even Sen. Rick Scott's Plan and the House Freedom Caucus Plan want to "privatize" social security and make the funding from non-discretionary to discretionary. In the House Study Committee that issued its infamous report, that is what they come up with, to cut Social Security and transform it into a more privatized environment, which will McCarthy, who is now the weakest Speaker of the House, signed off to the Freedom Caucus demands and one of those is substantial cuts. So, I do not trust what he says whatsoever. He will have to acquiesce to the Freedom Caucus which will want those changes as quickly as possible. If not this year's budget, but next years.

https://www.wsj.com/articles/BL-WB-67024

https://www.businessinsider.com/cha...medicaid-mccarthy-congress-republicans-2023-1

https://retiredamericans.org/house-gops-plans-to-cut-social-security-and-medicare-advance/

https://www.cnbc.com/2023/01/26/hou...posing-changes-to-medicare-what-to-know-.html

 

So, if the GOP is committed to raising the debt ceiling, why are they not doing that now? It is simple and has nothing to do with future spending since that is a mutually exclusive item called the budgetary process. Given now that there will be voted on 13 separate appropriation bills without the benefit of budgetary reconciliation, a majority of these appropriations bills that I listed with Blues will not pass the Senate because there will be at least 40 senators voting against them. Thus, it is a back-end government shutdown that the Freedom Caucus wants foremost.


I

We tried that and that is something that the Supreme Court has ruled as unconstitutional. The only legal way is a Balance Budget amendment. And a balanced budget must have both sides, revenue, aka taxes, and spending. YOu just can't cut spending and hope revenues will stay the same. They won't and they generally decrease because GDP will decrease, that G in the Calculation for GDP, C plus G plus I plus net exports. So, yes, a balanced budget amendment will now have to require tax increases when and if necessary or issue bonds to make the budget balanced.

I[/QUOTE]I think that the Federal government spends far more money than they have the ability to spend well. Just one example, Congress was funding the training of COVID to infect humans, in a Bioweapons Lab in China, and I bet that most if not nearly all of the members of Congress were completely unaware of that. These massive omnibus bills, dropped at the last minute, a stack of paper that you need a hand truck to move, that no one reads through before they are passed, it's just not an efficient way to spend $6-7T/year. Hopefully they get back to regular order budgets with the 10 appropriations bills developed through committee with lawmakers having ample time to read through them before they vote.

I don't think spending money is a problem, but, spending it well is the due honor to those who paid the taxes to make that spending possible.

Medicare and Social Security are Non-Discretionary Spending as is service on the debt. I expect all progress to be made on the Discretionary side of the budget.

Defense Spending - I expect spending for Ukraine to be in separate appropriations. We are engaged in a proxy war with Russia, the nation with the biggest arsenal of nuclear weapons and they have the means to deliver them to any part of the globe. That's serious business, and it may be proper business, but, it's of a level of importance that it requires a separate recorded vote from every member of Congress. Further, by making it a separate appropriation, it is not added to the baseline defense budget.I[/QUOTE]
For starters, any military assistance to Ukraine is literally part of the Defense budget. The Defense budget has three components: procurement, operations which includes pay for soldiers, facility operations, retirement benefits, etc, and others. On the other, military aid is part of that subcomponent. Procurement is where the biggest problem is and has the most fraud. Need to stop paying $10k for a toilet seat on a ship for instance.

Nondiscretionary funding is two-thirds of the current budget. So, you are working with a limited source of one-third with most of that being some of the primary functions of government such as DOJ, Treasury, State, and others. The other problem is that any cuts in these programs will be purely political, as in cuts in programs that Democrats want but leave ours alone.

We have a lot of obligations that must be paid that go beyond the payment of employees and their benefits. But we could start with agricultural subsidies that artificially keep prices high. But those GOP farmers and someone name Senator Ernst will not want that. The main problem is that everyone and I do mean everyone, literally has their hand in the pie and wants it to keep it that way. And their argument is don't take mine, take someone else. Hence why the GOP only goes after "democratic supported" programs such as subsidies for the low-income housing, SNAP, and other such benefits but never their own. Democrats do the same thing.

The rest of your comment about Covid is hilarious and not based on reality. It shows that the GOP is not really interested in control and not truly interested in the budget, especially where medical is concerned. Since you don't understand the science, what else is to expect except that rediculous argument about Covid and others.

I

One, that is already happening, but that won't reduce our military budget. South Korea, for instance, already pays 50% to use for the land we use from them. That is fair, don't you think. And they have improved their military. So has Poland, Lithuania, Latvia, Estonia, Japan, and a few others. Some have not because they have not seen the need for such military expenditures. But Trump was doing something that Obama and all the other presidents were doing. Trump was just more brash about it.



I

Tarrifs are a form of protectionism and that does not bring home the bacon or bacon bits anymore. Less than 1% of all revenue incoming to the government is from excise and tariffs on international trade. The reason, we have a ton of free trade agreements including USMCA. And if you increase trade, you increase GDP and reduce inflation at the same time. Increase GDP is an increase in revenue, both here and abroad. It also makes us less likely to go to war with another country.


I

That's nice, but the question is do you sell it at FMV or at cost? The old Dallas federal Reserve building was sold a while ago, but the cost to make it available to be sold cost a bit of $$$$. That is also why the government cannot sell used laptops, computers, etc and must be destroyed after the hard drive is wiped clean and destroyed first.

The ultra-rich have been doing this for decades. In 1989, it was less than 25% of all wealth that was owned by the top 1%. Today, it is 38.5%. It has nothing to do with woke. Businesses used their external stakeholders to keep them happy. That is what Mcdonald's and other fast food restaurants have tried to do that go beyond their main and successful food items. In fact, this is seen in all the restaurants and why we have such a variety from fusion to vegetarian to meat lovers to everything in between. Plant burgers are now popular and serve a specific segment of consumers. And that is what they all do. It is business, not politics. If you want to stay the same, your business will fall just like Bob's Burgers, Stake and Ale, Woolworth's, and so forth.

 

Yes it is. It's illegal to fund above the Credit Limit of the United States, therefore, it is planned spending, conditioned on the Credit Limit of the US being raised.

Fake news. The Credit rating reflects the ability of the government service the debt. The debt service payments are less than 8 cents on the dollar. Dems threat that they will destroy the credit rating of the United States if they do not get their way is terrorism and violates the 14th amendment.

More Fake news. The GOP has already made it clear that SS and and Medicare will not be destroyed by the Dems. The GOP will not stand for any cuts to Social Security and Medicare and that includes Biden's planned cuts of more than $5T from Medicare and Medicare Advantage.

More fake news. The GOP has made it perfectly clear that to get from when the Dems recklessly smash into the Debt ceiling and the end of the fiscal year, that they will raise the debt limit in exchange for nothing more than a penny or so savings on the dollar in yet unspent discretionary spending. American Families have been coming through their budgets for the 21 months of falling real wages under the Biden/Dem economic disaster, these privileged nitwits can save a penny or two for 75 days. Your claim that if the GOP does not give in, that Biden and the Dems will destroy the credit rating of the United States and blow up Social Security and Medicare is a bluff and a wholly unconvincing one.

More fake news. He has the same margin that Old Nancy did, and Kevin is sitting behind the President as Old Nancy sits in the bleachers.

 

How many balanced budgets with a Republican president and republicans Congress?

 

For any and new additional spending yes. But things that are already obligated still have to get paid, which is why the Treasury have done two accounting manuevers to make that so.

And if the government cannot pay its current obligations, cannot raise the debt ceiling, or other combination of things, then that credit rating will go down, not if. The only thing going for you right now is that that credit raters have faith that a "debt ceiling deal" will be done soon. But that too is a ticking time bomb. The longer this goes on, the more chance the credit rating will decrease and it will take a while for it to get increased. Hence your problem here.

Second, the Dems are not doing this. The GOP is. As I said, you can get a clean debt ceiling raise to avoid all this and concentrate that political power in the budgetary process. Otherwise, you are using up your political capitol in the Debt ceiling and will have no left in the budgetary process.

McCarthy may have said that, but the GOP Study Committee and Sen. Rick Scott's plan are still in discussion. What the GOP is doing is trying to get away from the populace furer over this but they will try this in the budgetary process if they can't get it in the debt ceiling. Get it now?

In translation, we want to get rid of all the bills that the Dems passed in the last two years. The deficit in the last two years has gone down, not up. That is mostly because of the emergency Covid spending has not been renewed. Some of it is over ten years as part of the Inflation Reduction Act or the Infrastructure bill, both of which the GOP wants to get rid of, among others. But then again, trying to blame Biden on this is not going to work. After all, under trump and his "fiscal responsibility," he increased the deficit from Obama's last year in office and rose ever since.

It's not the margin, its the intent. And those Freedom Caucus members just need one person to call a no-confidence vote for McCarthy and the Speakership fiasco will start all over again. If that happens, you will have 200 republicans voting to keep McCarthy and 20 No McCarthy voters plus the Dems all voting no. Politics make strange bedfellows right if that were to happen.[/QUOTE]

 

As long as they don't change it when it becomes inconvenient, I could live with that. But it needs to be a hard limit, requiring something like a literal declaration of war to change or (temporarily) suspend it.

We could simply dust off the 2019 budget and use that, it would cut a lot, save a lot, and be hardly noticeable except to those suckling at the taxpayer teat, who I want to see kicked off anyway. Those who are physically and mentally capable of work should work, and if they lost a job, they should work for the government in exchange for their benefits until they find another job or become a full-time government employee. But that MUST NOT be used as any sort of backdoor to allow headcount to grow, otherwise it will do so exponentially.

We should not be paying people to do nothing. They get money, they do work, even if it's making license plates, or picking up trash on the side of the road.

 

Gee, you don't read so good. Review the thread and figure it out.

Not a clue where you pulled that out of.

Good Lord. That would take the concurrence of 38 State Legislatures. And while a fine idea, it's not what's on the table today. Dems through piss poor planning, want to spend more money than they have credit limit, and they are going to run short for about 75 days and they want the GOP to raise the debt limit, which the GOP will, in exchange for one to two cents on the dollar of not yet spent discretionary spending. Now do try to stay on topic and refrain from all these independent frolics.

Changes in the tax law are not going to be made as part of the small lift of the debt ceiling to ease Dems past their poor planning that left them against their credit limit, 75 days before the fiscal year is up. Now take deep breaths, chant or something, but try to stay with the topic here. This is small ball. Just a little bit of savings for the last part of the summer, until the new budget is signed.

Why, yes we can, And American families have been doing exactly that through the last 21 months of the Biden/Dem Disaster of falling real wages, and it's been a hell of a lot more than just cent or two on the dollar and for a hell of a lot longer than 75 days. I marvel at what entitled spoiled brats we have in DC. What is being asked of them is far less than what Americans throughout this great nation have been doing for nearly two years.

A fine topic for another day, this topic is about the negotiation of an increase in the credit limit help the Dems that planned very poorly, to get through the last 75 days of the fiscal year.

My goodness, you can't follow a line of thought. No one is going to increase or cut taxes as part this little lift of the debt ceiling. That's a deeper conversation, it will need to work through the appropriate committees and this is simply not the forum for it. That budget negotiations for the NEXT fiscal year would be a much more appropriate place for changes of this type.

Fake News. It perfectly proper to handle it as a separate appropriation so that the Defense Spending for the Ukraine War does not become part of the baseline budget as if the assumption is that we will fund something like the Ukraine War for now until the end of time. Further, buried in the budget, folks can claim that they voted for it due to something else in the budget. As a separate standalone appropriation, everyone is voting, yes or no, on engaging in a proxy war with the largest nuclear arsenal on the planet and with a nation that has the means to deliver those warheads to any point on the globe, in a matter of minutes.

Everything in the political branches is political. That is the nature of Constitutional Liberal Democracy.

Indeed. We literally pay dairies to produce milk and then have them pour it out on the ground. We claim we want more sustainable environmental policies, but do you realize how many inputs go into producing milk from plowing the fields that produce the grain, to extracting the milk. Canada has a system that from what I know about it, seems to work much better, guarantees a living wage for the producers, produces a good clean product and without the waste.

What a major load of dairy cow byproduct. It's fitting that Biden represents you, he similarly is full of dairy cow by product. Farm subsidies are logrolled with SNAP and by rolling the two together, the terribly inefficient system that came out of the Great Depression 90 years ago, just keeps getting renewed, but you, well, you can see what you did, and it wasn't impressive.

Well, we have an opportunity sit down and cut a penny or two, in areas of discretionary spending that majorities of both Houses can agree to in order to close out the last 75 days of the current fiscal year. It's not brain surgery, and it's not dismemberment, and it's not too much to ask for, and it's well worth achieving a small bipartisan win that can be built on. There is also next year's budget bills that need to be completed, and there will be the expectation that we continue the trend, already in place, to return Federal spending back toward the neighborhood of pre-covid levels.

​

Yeah? Well, write Classified Joe a letter and let him know that you are against his tarifs.

​

FMV. But slowly, so that you don't crash local asset prices. We're looking for progress, not perfection.

 

I'm going to give the benefit of the doubt and assume that is true. Two things to point out. Yes, Trump doubled the debt in his time in office. But you can think Covid for that, for the most part.

But what you guys don't seem to know, remember, or ever mention at least is that Obama doubled the debt, too. And it looks like Biden is going to do so again, if he hasn't already. Between the "American Rescue Act" (when we no longer were in need of rescue, so people went out and bought big screen TVs), to the 'Infrastructure Bill', wherein Florida residents are paying to repair bridges in PA and NY, then 'Build Back Bankrupt', which failed, but some parts of it got shoved through, many in the last budget that McConnell could have stopped, but didn't. Maybe because it has a buttload of money for his State, and that of his buddy from NY. So once again, those of us in FL are paying for new tunnels in NYC, when it really isn't even needed.

 

I do not care who is in charge, it's a problem either way. One that will destroy everything if we don't stop what we've been doing. The Chairman of the Federal Reserve said so during a live TV interview just yesterday, but that's so wonky most people don't even know about it, who that is (Jay Powell, for anyone who cares), what he is or does, or even understand what he said, because he talks like a mathematician. Which is what he is, whether he is on 'on paper' or not.

 

Fake news. Debt service is less than 8 cents on the incoming dollar. If Classified Joe refuses to make these payments out of incoming revenue, there isn't a lot we can do about it. He may be a real idiot, but, I'm not convinced he is that stupid and reckless.

Hyperbole.

When Dems controlled both Houses and the Presidency, they had an opportunity to raise the debt ceiling enough to cover planned spending and they didn't. Now they want the GOP to do it for them, and they will, in exchange for a penny or so of remaining discretionary spending for the remaining 75 days or so of the current fiscal year.

Fake news. McConnell and McCarthy have repeatedly rejected it and pledged that cuts to those entitlements are off the table.

They'll get it in the good faith negotiations over the debt ceiling.

More fake news. A couple of cents on the dollar in unspent discretionary spending for the last 75 days, is many orders less than the successive red ink orgies of wild spending Democrats.

 

How many balanced budgets with a Dem Congress? How many Dem Presidents forced to sign Republican budgets which produced surpluses? How many Dem Congresses and Dem Presidents with deficits below $200B and falling rapidly? How many Dem tax bills that produced 10% and 15% revenue increases?

 

YES that is the reality the budget process is statutory and Biden is now long past the statutory date he was to submit his budget. YES the Omnibus Spending Bill. And it is a negotiation process. And it is reality debt limits are directly tied to budgets as anyone who has every run a business or even their home budget knows.

Biden is the one refusing to do ANYTHING submit his budget or negotiate the debt limit, HE is holding the entire process hostage and threatening the government shutdown if he doesn't get his way.

 

Then tell Biden and Yellen to keep paying current obligations first. Or better yet tell Biden to stop being obstinate and holding the government and the economy hostage.