Under the threat of a default, POTUS and House GOP have engaged in a war of words over raising the $31.4 trillion debt ceiling before the summer. The target audience of their rhetoric, their constituents, do not appear to be paying attention — yet.
But as each seeks to avoid being pinned down for any negative consequences of their protracted negotiations, including a credit rating downgrade, the target audience of their rhetoric, their constituents, do not appear to be paying attention — yet.The White House unleashed on House Republicans this week after Speaker Kevin McCarthy announced his conditions for raising the debt ceiling.
Those strategies include McCarthy proposing to raise the debt ceiling by $1.5 trillion or until March, whichever comes first, in exchange for returning discretionary spending to fiscal 2022 levels, capping budget increases at 1% a year, redirecting untapped COVID-19 funds, repealing President Joe Biden's Inflation Reduction Act IRS and green tax credit provisions, passing House Republicans' Lower Energy Costs Act, and ending the president's student loan forgiveness programs.
Amid battleground polling conducted before next year's elections that found a higher percentage of respondents consider McCarthy to be dealing with the White House in good faith than not, Bates identified specific House Republicans whose districts have or will benefit from Inflation Reduction Act spending.
Biden has not sat down with McCarthy since February, one month after the country reached the debt ceiling. But Jean-Pierre did not rule out the prospect of another discussion, promising the White House would"analyze what they put forward to us, and we'll have more to share."
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