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© Jim Lo Scalzo/EPA-EFE/Shutterstock Senate Majority Leader Chuck Schumer walks to the Senate floor following Senate passage of a stopgap funding bill to prevent a government shutdown in the U.S. Capitol Washington, D.C., Sept. 30, 2021.
© Jim Lo Scalzo/EPA-EFE/Shutterstock Senate Minority Leader Mitch McConnell walks into the U.S. Capitol ahead of a vote on a continuing budget resolution in Washington, D.C., Sept. 30, 2021.

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Opinion by Jennifer Rubin (The Washington Post)

“We are supposed to avoid questioning our political opponents’ motives. We are supposed to credit them with loving the United States as much as we do. We are supposed to assume they are patriotic and rational. But what if a high percentage of Republicans care more about destroying a Democratic president than avoiding a debt debacle? What if they care more about conjuring up fear of “tyranny” than protecting the lives of children? What if they care more about returning their cult leader to power than they do preserving the sanctity of elections?”

The above is an excerpt from an article written by journalist Jennifer Rubin and published in the Washington Post on 29 September 2021.

A Funding Stopgap

The Republicans have agreed to fund the government until December.

“The funding stopgap sustains federal agencies’ existing spending until December 3, at which point Congress must adopt another short-term fix, called a continuing resolution, or pass a dozen appropriations bills that fund federal agencies through the 2022 fiscal year.”(The Washington Post)

Treasury Secretary Janet Yellen stated that lawmakers should abolish legislation that constitutes a “potential threat of a U.S. default.”

“Treasury Secretary Janet Yellen on Thursday said lawmakers should abolish the legal limit on how much treasury can borrow to meet the federal government’s payment obligations, pushing lawmakers to eliminate the potential threat of a U.S. default.” (The Washington Post)

“U.S. default this fall would cost 6 million jobs, wipe out $15 trillion in wealth, study says.“ (Washington Post)

Lawmakers should indeed eliminate legislation that can be used to jeopardize the economy of the United States and divide an administration, Republican or Democrat. The Republican Party’s opposal to a rise in the debt ceiling allows a profound erosion of a President’s ability to protect the people of the United States. The campaign is over. Joe Biden is the duly-elected President of the United States, but the Republicans are tying his hands.

The United States cannot default on its debt. So, yesterday’s events seem a game.

Republicans oppose debt limit hike after supporting increases under Trump (washingtonpost.com)←video

What is the debt ceiling and why is Congress arguing over it again? (washingtonpost.com)←video

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© Micheline Walker
1 October 2021
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