The #DebtCeiling is stupid. Raising it pays for spending #Congress already authorized, not new spending.
2/x
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Instead of doing the old threaten-to-default, hostage-taking dance, Trump made a deal to bypass it.
#DebtCeiling 13/xShow this thread -
Aid for
#HurricaneHarvey should pass without hostage taking. America shouldn't default. The#DebtCeiling deal does both. 14/xShow this thread -
Yes, Congressional Republicans wanted to play games with the
#DebtCeiling. Yes, Trump's deal thwarts their strategy. But so what? 15/xShow this thread -
Risking default is bad for America. Trump didn't waste his time playing games with it. Just ripped off the bandaid.
#DebtCeiling 16/xShow this thread -
Now, Trump's talking about eliminating the
#DebtCeiling. Good. Decide spending during the budget process, not as a hostage negotiation. 17/xShow this thread -
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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Nick, yes but one of the central issues was that GOP leaders wanted longer deal so they could avoid repeated brinksmanship. 1/2
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Now, Dems have maneuvered Trump into accepting short-term deals as norm. Dems get regular opportunities for brinksmanship. Watch. 2/2
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That was my first reaction (Trump got played). But debt ceiling brinkmanship hasn't produced good results, and created economic uncertainty
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I doubt Dems will demand concessions for raising it next time. They haven't before. But if they do, I'll take this back.
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They wanted a short raise so Republicans have to vote to raise it again, which causes tension with the Freedom Caucus. Trump gave them that.
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Premise that congress will budget less spending is naive. No debt ceiling is giving a blank check to a person with a shopping compulsion.
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