(SHORT THREAD) Alright, I thought about Trump's #DebtCeiling deal and I like it. A #DrainTheSwamp, cut-the-BS move.pic.twitter.com/OH8Hqa064A
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Refusing to raise the #DebtCeiling is like telling your bank "I'm not making the minimum credit card payment, because I spend too much."
3/x
Traditionally, opposition politicians use the #DebtCeiling to grandstand. Denounce the government for spending too much, raise it anyway
4/x
But under Obama, Republicans decided to use the #DebtCeiling to win concessions.
5/xpic.twitter.com/6nA7fbfBwM
Failing to raise the #DebtCeiling = default, which damages America's credibility, and threatens the global economy that depends on it.
6/x
Prioritizing doesn't work. The US always makes its payments on time to everyone. Always. Failure to do that = default.
#DebtCeiling
7/x
Republicans don't want to default. But they decided threatening something no one wants could help them win concessions.
#DebtCeiling
8/x
Normal negotiations go like this:
I want A. You want E. We meet somewhere between B and D. Then we're both happy.
9/x
#DebtCeiling
Default threats are a hostage negotiation: I want A. You want E. We agree Z is bad. But you threaten Z to get E, instead of B, C, or D. 10/x
#DebtCeiling hostage negotiations are bad for the country. And the global economy. We should get rid of it.
11/x
To reduce spending, #Congress should budget less future spending. Not use #DebtCeiling brinkmanship to default on old spending.
12/x
Instead of doing the old threaten-to-default, hostage-taking dance, Trump made a deal to bypass it.
#DebtCeiling
13/x
Aid for #HurricaneHarvey should pass without hostage taking.
America shouldn't default.
The #DebtCeiling deal does both.
14/x
Yes, Congressional Republicans wanted to play games with the #DebtCeiling.
Yes, Trump's deal thwarts their strategy.
But so what?
15/x
Risking default is bad for America. Trump didn't waste his time playing games with it. Just ripped off the bandaid.
#DebtCeiling
16/x
Now, Trump's talking about eliminating the #DebtCeiling.
Good.
Decide spending during the budget process, not as a hostage negotiation.
17/x
Trump will take heat from Republicans for this #DebtCeiling deal.
But their strategy was bad for the country. Good riddance.
18/18 (END)pic.twitter.com/Zw1FYllzMT
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