{"id":535546,"date":"2023-01-05T14:00:00","date_gmt":"2023-01-05T11:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/lawmakers-say-mccarthy-speaker-fight-portends-debt-ceiling-crisis\/"},"modified":"2023-01-05T14:00:00","modified_gmt":"2023-01-05T11:00:00","slug":"lawmakers-say-mccarthy-speaker-fight-portends-debt-ceiling-crisis","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/lawmakers-say-mccarthy-speaker-fight-portends-debt-ceiling-crisis\/","title":{"rendered":"#Lawmakers say McCarthy Speaker fight portends debt ceiling crisis"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a286afa46e73\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a286afa46e73\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/lawmakers-say-mccarthy-speaker-fight-portends-debt-ceiling-crisis\/#Lawmakers_say_McCarthy_Speaker_fight_portends_debt_ceiling_crisis\" >Lawmakers say McCarthy Speaker fight portends debt ceiling crisis<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Lawmakers_say_McCarthy_Speaker_fight_portends_debt_ceiling_crisis\"><\/span>Lawmakers say McCarthy Speaker fight portends debt ceiling crisis<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/01\/AP23004712229969.jpg?w=900\" \/><\/p>\n<div>\n<p>The messy, drawn-out battle over electing the next Speaker is raising the danger of a debt limit crisis later this year, lawmakers in both parties warn. \u00a0<\/p>\n<p>Conservative rebels in the House are demanding that the next Speaker, whether it\u2019s Rep. Kevin McCarthy (R-Calif.) or someone else, make a stand against passing a clean debt limit increase, which would set up a major fight with Senate Democrats and President Biden. \u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>Congress has successfully avoided a debt limit crisis since 2011, which was also the first year of a new House GOP majority. \u00a0<\/p>\n<p>That year, the standoff between the Republican-controlled House and the Democratic-controlled Senate and White House brought the federal government within days of defaulting on its debt obligations. \u00a0<\/p>\n<p>Lawmakers say the nasty battle over electing a new Speaker portends another potential crisis later this year. \u00a0The Treasury Department won\u2019t say when exactly the debt limit will expire, but the Committee for a Responsible Federal Budget estimates it will need to be raised sometime after July.<\/p>\n<p>Conservative rebels who blocked McCarthy\u2019s election as Speaker on six consecutive ballots say the Speaker must insist on using the debt limit as leverage to enact major spending reforms \u2014 something that Senate Democrats have dismissed as a non-starter over the past decade. \u00a0<\/p>\n<p>\u201cUs 20 want changes, and we\u2019re going to stay here until we get it,\u201d Rep. Ralph Norman (R-S.C.) told reporters Wednesday. \u201cCould McCarthy all of a sudden morph into a fiscal conservative? We\u2019ll see.\u201d\u00a0<\/p>\n<p>\u201cIs he willing to shut the government down rather than raise the debt ceiling? That\u2019s a non-negotiable item,\u201d he added. \u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>A group of seven conservatives opposed to McCarthy\u2019s bid to become Speaker circulated a \u201cDear Colleague\u201d letter last month demanding that the next Speaker \u201ccommit to not raising the debt ceiling without a concrete plan to cap spending and operate under a budget that balances in 10 years.\u201d\u00a0<\/p>\n<p>Senate Republicans, however, warn that debt ceiling legislation with spending caps isn\u2019t going to pass the Democratic-controlled Senate, setting up the two chambers for a stalemate that could put the nation\u2019s credit rating at risk or the federal government on the verge of default. \u00a0<\/p>\n<p>\u201cThat\u2019s not going to get 60 votes. That\u2019s math,\u201d said a Senate GOP aide, who predicted that \u201cit\u2019s going to be a challenge\u201d to pass legislation to raise the debt limit later this year. \u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr3_ab\"><\/aside>\n<p>McCarthy said in October that he would be willing to use the debt limit legislation as leverage to force spending cuts, but conservatives have doubts about how hard he would push it when the stakes are high and default is a real possibility. \u00a0<\/p>\n<p>But the bruising battle over electing a Speaker, which has played out over two days, has lawmakers in both parties worried that whoever winds up leading the House Republican majority this year will have a hard time passing debt limit legislation or regular spending bills given the staunch opposition of a small group of conservatives and the party\u2019s slim five-seat majority.\u00a0<\/p>\n<p>Sen. John Cornyn (R-Texas), an adviser to the Senate GOP leadership team, said raising the debt limit, which is expected to expire this summer, \u201cwill probably be the single biggest challenge the House will have.\u201d\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr4_ab\"><\/aside>\n<p>Asked about the prospect of passing a debt limit bill that caps spending or balances the budget in 10 years, Cornyn replied, \u201cCould you get 60 votes in the Senate for that?\u201d\u00a0<\/p>\n<p>\u201cWe\u2019ll see how the story ends. I don\u2019t know,\u201d he added. \u00a0<\/p>\n<p>Rep. David Joyce (R-Ohio) suggested the messy and protracted battle over electing Speaker doesn\u2019t bode well for getting must-pass legislation done later this year. \u00a0<\/p>\n<p>\u201cYou\u2019re looking at a preview of coming attractions,\u201d he quipped. \u00a0<\/p>\n<p>Rep. Hal Rogers (R-Ky.), a senior member of the House <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>ropriations Committee, predicted that passing debt limit and spending legislation will be a heavy lift this year and said the possible outcome is hard to predict while the Speaker\u2019s race remained in limbo. \u00a0<\/p>\n<p>\u201cIt\u2019s impossible to know at this point. It\u2019s always hard,\u201d he said, predicting the debt limit \u201cwill be\u201d a big fight this year. \u00a0<\/p>\n<p>Rep. Pete Sessions (R-Texas) said clean debt limit legislation won\u2019t fly with conservatives this year \u2014 even though congressional leaders haven\u2019t used it as a vehicle to pass fiscal reforms since Congress passed the 2011 Budget Control Act (BCA) as a way to end that year\u2019s debt limit crisis. <\/p>\n<p>\u201cWho says it\u2019s clean? That\u2019s their point. They don\u2019t want clean. They want constructive things like we\u2019ve done in the past,\u201d he said, referring to the BCA, which imposed caps on discretionary spending and established sequestration, the automatic reduction of certain mandatory spending programs.\u00a0<\/p>\n<p>A Senate Democratic aide on Tuesday called the BCA \u201cthe worst piece of legislation passed\u201d in recent memory, signaling that Senate Democrats have no appetite for agreeing to a major spending cut in a deal to raise the debt limit. \u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr5_ab\"><\/aside>\n<p>Senate Majority Leader Charles Schumer (D-N.Y.) floated the idea of raising the debt limit in last year\u2019s lame-duck session while Democrats still controlled the House, but Senate Minority Leader Mitch McConnell (R-Ky.) shot down the idea. \u00a0<\/p>\n<p>Now Democrats warn Congress could be headed for a fiscal disaster later this year. \u00a0<\/p>\n<p>\u201cIt\u2019s very troubling,\u201d said Rep. Lloyd Doggett (D-Texas) of the chances of a debt limit crisis later this year. \u00a0<\/p>\n<p>\u201cWe put at risk the economic future not only of our country but the world,\u201d he said. \u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr6_ab\"><\/aside>\n<p>Doggett said whether McCarthy is elected as a weak Speaker or someone else steps in to fill the top leadership job, it\u2019s likely \u201cwe\u2019re going to have brinkmanship on [the debt limit] or shutting down the government.\u201d\u00a0<\/p>\n<p>Doggett said that \u201cthere certainly is that danger\u201d that 2023 could turn into a reprise of 2011, when the deadlock over raising the debt limit dragged on for months and took the country so close to default that Standard and Poor\u2019s downgraded the nation\u2019s credit rating. \u00a0<\/p>\n<p>McCarthy met with a group of his conservative opponents Wednesday evening in a last-ditch effort to persuade them to flip their votes, but he will have to make a strong commitment on using the debt limit to play hardball with the Senate to reduce the deficit if he is to sway them.\u00a0\u00a0\u00a0<\/p>\n<p>\u201cObviously spending is a very important issue, especially to conservatives like me, and that has been part of our conversations,\u201d said Rep. Marjorie Taylor Greene (R-Ga.), a Donald Trump-allied conservative who is supporting McCarthy\u2019s bid to become Speaker.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr7_ab\"><\/aside>\n<p><em>Mychael Schnell and Al Weaver contributed. \u00a0<\/em><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/homenews\/senate\/3799320-lawmakers-say-mccarthy-speaker-fight-portends-debt-ceiling-crisis\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawmakers say McCarthy Speaker fight portends debt ceiling crisis The messy, drawn-out battle over electing the next Speaker is raising the danger of a debt limit crisis later this year, lawmakers in both parties warn. \u00a0 Conservative rebels in the House are demanding that the next Speaker, whether it\u2019s Rep. Kevin McCarthy (R-Calif.) or someone&#8230;<\/p>\n","protected":false},"author":1,"featured_media":535547,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/01\/AP23004712229969.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[134747,30889,134538,134343,136748,138044,134661,138045,90482,137966,124783,136371,35813,138046,70289],"class_list":["post-535546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-arts-culture","tag-biden","tag-business-lobbying","tag-campaign","tag-david-joyce","tag-debt-crisis","tag-energy-environment","tag-hal-rogers","tag-house","tag-house-speakership-vote","tag-international","tag-john-cornyn","tag-kevin-mccarthy","tag-pete-sessions","tag-senate"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/535546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=535546"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/535546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/535547"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=535546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=535546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=535546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}