4.2 • 614 Ratings
🗓️ 8 December 2021
⏱️ 3 minutes
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0:00.0 | Presented by Blue Cross Blue Shield Association. |
0:04.5 | Hey, good morning, Playbookers. I'm Ruggumonovalin. It's Wednesday, and today's show, Mitch McConnell's debt-sealing escape. This is your Politico Playbook Daily briefing. |
0:17.5 | The idea started out promising, at least from the GOP's perspective. |
0:22.2 | Over the summer, Mitch McConnell surprised much of Washington when he drew a bright line on the debt ceiling, demanding Democrats to use reconciliation to raise the borrowing cap on their own. |
0:31.7 | The idea was to force President Joe Biden's party to increase the $29 trillion debt by a specific number, then hammer them for out-of-control spending on the campaign trail. |
0:42.1 | Republicans cheered. |
0:43.6 | But while McConnell struck a deal with Chuck Schumer on Tuesday, though ultimately achieve the same result, his method of getting there has left to many of his own members unhappy. |
0:52.2 | Instead of gumming up the works by forcing Democrats to use reconciliation, he agreed to |
0:56.9 | a convoluted strategy that enables Democrats to bypass the filibuster. |
1:01.0 | It goes like this, at least 10 Republicans will have to join the Democrats as early as Thursday |
1:05.8 | in approving new legislation allowing Schumer's party to temporarily raise the debt ceiling by a simple majority vote. |
1:12.5 | Maybe they'll get more GOP backing, but maybe not. |
1:15.3 | Senate Republicans, we here, didn't exactly embrace the plan when McConnell presented it at the |
1:20.2 | weekly conference lunch on Tuesday, though McConnell predicted there will be enough votes |
1:24.6 | to joining him for passage. |
1:26.5 | Here's the question, though, was it a cave or was it a win? |
1:29.4 | Mitch McConnell declared to reporters Tuesday, quote, the red line is intact. |
1:33.1 | The deal he added is, quote, good for the country and good for Republicans. |
1:37.3 | Translation, he got Democrats to own the debt ceiling increase, which is what he wanted all |
1:41.6 | along. |
1:42.3 | He didn't care how they got there, or if they used |
1:44.5 | reconciliation to do it or another process. The solution will still allow the GOP to grill Democrats |
... |
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