Party planner logo1/9/2024 ![]() While that’s encouraging to hear from the president, it’s worth remembering that Biden says a lot of things, and that right-wing Democrat Joe Manchin is already talking about making a deal with Republicans on spending cuts.īy the way, the spending cuts that Biden will have to reject with a metaphorical gun to his head are predictably brutal, outlined in a prospective 2023 budget put out this summer by the Republican Study Committee’s Budget and Spending Task Force. But president Joe Biden ruled it out late last month, calling the idea “irresponsible,” and promising he would “not yield” to Republican demands. This is not a fringe idea: it’s been suggested by the Brookings Institution and the Democratic-led House budget committee, and a number of the party’s heavy hitters, including Senate majority leader Chuck Schumer and majority whip Jim Clyburn have backed the idea. ![]() Once more, they’ll refuse to authorize lifting the debt ceiling to allow the United States to meet its debt obligations, putting Democrats in the position of either having to choose to agree to their demands for spending cuts, or letting the country default for the first time ever on its debt - something one Congressional study last year estimated could mean the loss of six million jobs and $15 trillion in household wealth.ĭemocrats could’ve actually headed these moves off while they still controlled Congress by either abolishing the debt limit entirely, or by raising the debt ceiling to such an impossibly high number that it would effectively be abolished. Some of it is the standard stuff we’ve come to expect from the GOP, such as the debt limit brinkmanship Republicans have used for the last decade to extract concessions from Democrats. Which raises the question: What exactly would a Republican Congress do? An Attack on the Working Class. ![]() Meanwhile, the well-respected Cook Political Report has both blue districts that should be safe bets for the party and gubernatorial races moving in the Republicans’ favor.Īll of it points to the result that was expected at the start of this year - namely a red victory that retakes the House and possibly even lops off the Democrats’ whisp of a Senate majority. The polls have all gone in exactly the wrong direction for the party, and that’s with a significant non-response bias tilting against Republican voters. After a brief, optimistic window in the summertime, things are back to not looking great for the Democrats, just a few days out from the midterm elections.
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