Republicans Proved They Aren’t Holding Anyone ‘Hostage’ On Raising The Debt Limit
Why the House Debt Limit Vote Matters More Than You Think
Don’t be fooled by the media’s conventional wisdom that last week’s vote by the Republican-controlled House of Representatives to approve a debt limit and spending reduction bill is meaningless. It’s actually a significant move that raises questions about the Democrats’ strategic endgame.
House vs. Senate
Under the traditional, “Schoolhouse Rock” version of lawmaking, the House would pass its version of a bill, the Senate would pass its version, and the two would convene a House-Senate conference committee to reconcile the differences between the measures. That outcome seems unlikely regarding this debt limit increase.
Virtually all Democrats support a so-called “clean” debt limit increase. That is, they want to extend the limit on the nation’s credit card without any accompanying spending reforms. (They claim they will discuss spending levels in separate legislation, just not as part of the debt limit.)
But most legislation requires 60 votes to overcome a filibuster and advance in the Senate, and Democrats only hold 51 Senate seats. As a result, Majority Leader Chuck Schumer, D-N.Y., must persuade nine Republicans — 10 if Sen. Dianne Feinstein, D-Calif., who continues to recover from a case of shingles in California, remains absent from the Senate — to approve a clean debt limit increase for the measure to clear the chamber. That scenario appears unlikely, as Minority Leader Mitch McConnell, R-Ky., would lean on his troops not to approve a Schumer-led measure.
Republicans Get to ‘Yes’
After last Wednesday’s vote, Democrats can’t claim conservatives amount to legislative nihilists who can’t get to “yes” on an issue. Numerous conservative members of Congress, who in the past had never supported legislation that raised the debt limit, voted last week for a bill to do just that. People like my friend and former think-tank colleague Rep. Chip Roy, R-Texas, probably didn’t like the idea of raising the debt limit, but they did it.
Now that Republicans in the House have agreed to a debt limit bill, Democrats should agree to get in a room, figure out each side’s position, and arrive at an agreement that will hopefully increase the debt limit while addressing the nation’s calamitous fiscal state. It’s called “legislating” — Congress actually doing its job.
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