Here comes the McConnell budget ‘deal’ that will rule the rest of Trump’s presidency

[GMDino]

https://www.conservativereview.com/news/comes-mcconnell-budget-deal-will-rule-rest-trumps-presidency/

Quote:“The huge increase in the national debt demanded by and incurred during the current Administration has placed a significant burden on future generations. We must impose firm caps on future debt, accelerate the repayment of the trillions we now owe in order to reaffirm our principles of responsible and limited government, and remove the burdens we are placing on future generations.” ~GOP Platform, July 2016



Three years later and $2.6 trillion deeper into the red, will the last conservative in Washington turn out the lights?
Senate Republicans are now “praying” that President Trump accepts the “deal” they cut with House Democrats to destroy Trump’s presidency and any leverage he will ever have – not just on spending but on important policy issues, such as immigration and abortion funding. Now is the time for conservatives not just to pray but to demand that the president reject the deal and simply call for a continuing resolution to keep fighting for spending cuts and the proper policy riders in the fiscal year 2020 budget.


Thanks to the one policy success conservatives secured in the past decade, spending will automatically go down by $35 billion on October 1, when the budget caps kick in, and by another $89 billion on January 1, when sequestration takes effect. Yet from day one of budget negotiations, there was no disagreement between GOP leaders and Nancy Pelosi. They both agreed on unconditionally raising the debt ceiling for two years and busting the budget caps for not just this year but next year as well, for a total of over $300 billion in more spending.


We are now spending 18 percent more than in Obama’s final year and more than during the Great Recession, even though this is a time of economic prosperity. It’s a black mark and an embarrassment to this party. But rather than applying the brakes to the runaway train, they are seeking to disable the brakes. They believe that the debt limit, not the debt itself, is the problem.


And so they have agreed to an unconditional debt ceiling suspension for two years with absolutely no spending cuts. On top of that, they would bust the budget caps for the next two years over and beyond current levels, for a price tag that will likely be north of $300 billion.


Trump needs to announce that he will veto this bill. He needs to announce his red lines both on spending levels and border policy and that he will be willing to sign a clean continuing resolution (CR) to fund the government while debate continues but will not sign a long-term bill consigning his presidency to failure and our country to indebtedness to China. At least with a clean CR, current levels are maintained, and he always has the leverage looming over Democrats that once the short duration of the CR expires, the budget cuts automatically go into place. By immediately signing a long-term busting of the budget caps, however, he will not only lose the opportunity to cut spending, but will increase spending well above current levels.


This “deal” demonstrates that there is no daylight between the two parties on spending. Republicans have no desire to fight for defunding Planned Parenthood or securing the border in return for spending like socialists. Thus, they are fiscal, social, and national defense liberals.


By signing this deal, Trump will irrevocably put us on a trajectory of immutable indebtedness, where just the interest payments on the debt alone will surge higher than the cost of the runaway Medicaid program in a few years. As serious as the spending crisis was during Obama’s tenure, because interest rates were so low, interest payments remained stagnant. This is an entirely new ballgame today and is holding us back from what should be 4-5 percent GDP growth.


Also, by singing this deal, he will give away his last remaining point of leverage on the border for the remainder of this term. 
As it stands now, Trump has the status quo of automatic budget caps on his side. Democrats are the ones who need a deal for a new law in order to secure their spending priorities. Trump merely has to allow the status quo to play out. This gives him leverage to demand more funding for ICE deportations, border enforcement, and the wall in return for more welfare spending.


The only thing worse than not fulfilling his campaign promises is for Trump to permanently give away his leverage so he can’t live on to fight another day. This was the big mistake in the February omnibus. Had he just demanded a clean CR, he would have had leverage over the Democrats, because the news of the border emergency reached a breaking point in early March when CBP announced the February border numbers. Remember, back then, Democrats were still saying that border numbers were at historic lows. Had Trump been working with a continuous government funding deadline coinciding with that news, he would have been able to batter them into submission. Instead, he signed a bill that made current border policy worse in several key ways.


In March 2018, after Trump reluctantly signed two consecutive budget bills increasing spending and jettisoning his immigration priorities, he promised he would “never again” sign bills like that. Instead, that is exactly what he has been convinced to do multiple times both by GOP congressional leaders and by swamp-dwellers in the administration. Now is quite literally his last chance to fulfill that promise.


In this case, “never again” requires nothing more than holding the line on the status quo. The veto pen is the single most powerful tool in government.

---

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[Sociopathicsteelerfan]

This budget covers the next six years? 

[GMDino]

Asked about the debt ceiling & the growing national debt under his watch, Trump immediately changes the topic to bashing President Obama pic.twitter.com/VhfsX2Eaib

— Aaron Rupar (@atrupar) July 18, 2019

 

[GMDino]

https://thehill.com/homenews/administration/453905-trump-says-democrats-shouldnt-use-debt-ceiling-as-leverage

Quote:Trump says Democrats shouldn't use debt ceiling as leverage

President Trump said Friday that Democrats should not use the debt ceiling as leverage amid ongoing negotiations between his administration and Congress.


"I can't imagine anybody using the debt ceiling as a negotiating wedge," Trump said in the Oval Office, calling the debt limit a "sacred thing in our country."


Trump added that he's hopeful a deal is close on raising the debt limit, but did not provide further details on negotiations.


"Hopefully we’re in good shape on the debt ceiling," Trump said.

Treasury Secretary Steven Mnuchin sent letters to congressional leadership last week warning that the government could run out of money in early September unless Congress votes to raise the debt ceiling before leaving for the August recess. 


Democrats believe that packaging the debt ceiling with a budget bill will provide more leverage in spending negotiations. GOP senators say there’s little desire in their conference to vote on a standalone proposal to increase the nation’s debt limit, something that’s broadly unpopular with the base.


House Republicans, including current acting White House chief of staff Mick Mulvaney, used the debt limit as leverage in fierce negotiations during the Obama administration.

Trump himself tweeted in 2012 that “Republicans must use the debt ceiling as leverage to make a great deal!”

Mnuchin said earlier this week that he's had "productive" talks with Speaker Nancy Pelosi (D-Calif.) and that Democrats, Republicans and the White House are all in agreement that packaging a budget deal and a debt ceiling increase "is the first choice."


He said he expects lawmakers to stay in Washington, D.C., and vote to increase the debt ceiling if they are unable to agree on a broader spending deal before August recess is set to begin.

[CJD]

Is there such a thing as a fiscal conservative anymore?

[Benton]

(07-22-2019, 10:51 AM)Crazyjdawg Wrote: Is there such a thing as a fiscal conservative anymore?

That's what I miss.

The party shifted along with the mindset of businesses in general. Both parties are a cash grab, they're just grabbing out of two different limited pots.

[*TheLeonardLeap*]

(07-22-2019, 10:51 AM)Crazyjdawg Wrote: Is there such a thing as a fiscal conservative anymore?

Kasich?

[GMDino]

This will help balance the budget.  

Republican senators send letter to Sec. Mnuchin asking him to unilaterally cut taxes for the rich https://t.co/EfZpGsMvss

— Alan Rappeport (@arappeport) July 29, 2019

 

[GMDino]

Deficit?  What's a deficit? (now)

"Two year deal gets us past the Election": Trump says the quiet part loud https://t.co/mWwxILAKSw

— Aaron Rupar (@atrupar) August 1, 2019

 

[*bfine32*]

Just an update. The CR is scheduled to expire Midnight Thursday. Raise you hand if you heard it talked about it the main stream media

[masonbengals fan]

Too busy trying to undo the last election 11 months before the next one.

[oncemoreuntothejimbreech]

(11-20-2019, 03:33 PM)masonbengals fan Wrote: Too busy trying to undo the last election 11 months before the next one.

If Trump could stop seeking foreign interference in our elections for five minutes maybe they would have something else to report on.

[GMDino]

(11-20-2019, 03:25 PM)bfine32 Wrote: Just an update. The CR is scheduled to expire Midnight Thursday. Raise you hand if you heard it talked about it the main stream media

https://www.cbsnews.com/news/house-passes-bill-funding-government-through-december/

https://news.yahoo.com/1-u-house-approves-bill-203103301.html

https://fortune.com/2019/11/19/federal-government-shutdown-closer-to-being-averted-house-budget-vote/

https://www.nytimes.com/reuters/2019/11/19/us/politics/19reuters-usa-congress-budget.html

https://ktla.com/2019/11/19/house-passes-short-term-spending-measure-to-avoid-thanksgiving-government-shutdown/

https://www.npr.org/2019/11/18/779464561/days-from-shutdown-deadline-congress-races-to-pass-temporary-government-funding-

https://www.nydailynews.com/new-york/ny-sept-11-fund-schumer-20191119-s32j5utuz5cdzgn764dnkvmb5q-story.html

Quote:The House passed a short-term spending bill Tuesday that would keep federal agencies running for another month in hopes the additional time will help negotiators wrap up more than $1.4 trillion in unfinished appropriations bills.

The bill would avert a Thanksgiving government shutdown but opens the door to a possible shutdown just before Christmas.

The 231-192 vote sent the measure to the Senate, which is on track to pass the legislation in time to meet a midnight Thursday deadline. President Donald Trump has indicated he will sign it.

The monthlong spending bill comes as negotiations on the full-year spending package have hit a rough patch. Most recently there was a failed effort by lawmakers to win even more money on top of $100 billion in additional agency dollars permitted by July’s hard-won two-year budget and debt deal.

Weird. It's like the House is still doing its job and business is moving forward even while all this is going on.

[Belsnickel]

(11-20-2019, 03:25 PM)bfine32 Wrote: Just an update. The CR is scheduled to expire Midnight Thursday. Raise you hand if you heard it talked about it the main stream media

Well, I don't listen/watch any news media. But I've seen articles about it on CNBC, WaPo, CBS, Politico, and NPR.

The House passed a CR, yesterday, FWIW. Now it's in the hands of the Senate and Trump.

[oncemoreuntothejimbreech]

(11-20-2019, 03:56 PM)Belsnickel Wrote: Well, I don't listen/watch any news media. But I've seen articles about it on CNBC, WaPo, CBS, Politico, and NPR.

The House passed a CR, yesterday, FWIW. Now it's in the hands of the Senate and Trump.

I read about it on Yahoo two days ago. Add them to the list MSM outlets covering, but not covering the story. Must have been buried under all the attention the Bengals’ first win of the season received.

[GMDino]

(11-20-2019, 04:29 PM)oncemoreuntothejimbreech Wrote: I read about it on Yahoo two days ago. Add them to the list MSM outlets covering, but not covering the story. Must have been buried under all the attention the Bengals’ first win of the season received.

Give the lotteries number for monday while you're at it. 

[*bfine32*]

(11-20-2019, 03:33 PM)masonbengals fan Wrote: Too busy trying to undo the last election 11 months before the next one.

That really was not my point. My point was the coverage a potential government shutdown is receiving in the MSM. Hell I could do a Goggle search and find an article about almost anything. it would be nice if MSM would focus on more than one topic. I think the current state of the CR could be a bigger win for the DEMs than any impeachment hearing.

[GMDino]

(11-20-2019, 05:32 PM)bfine32 Wrote: That really was not my point. My point was the coverage a potential government shutdown is receiving in the MSM. Hell I could do a Goggle search and find an article about almost anything. it would be nice if MSM would focus on more than one topic. I think the current state of the CR could be a bigger win for the DEMs than any impeachment hearing.

The MSM did focus on more than one thing.

It's impeachment.  It's rare.  It will get more coverage.