Context for any budget deal:
On autopilot, the government is expected to spend $80 trillion and raise $60 trillion in revenue over the next decade, per CBO.
Pinned Tweet
Show this thread
Follow
Steven Dennis
@StevenTDennis
I ask senators questions in hallways for . Opinions mine. #FridayNightZillow for fun. RTs ≠. Tips: sdennis17@bloomberg.net
Steven Dennis’s Tweets
Kyrsten Sinema peeking in the GOP lunch. She’s trying to broker deal to finish the debt legislation quickly.
30
32
94
Show this thread
And a Nickel costs 10.41 cents to make.
Congress could have cut $310.2 million from the budget by eliminating this stuff
Quote Tweet
The penny, which the US mints at a cost of 2.72 pennies each, survived the debt limit fight.
3
18
55
About those spending caps...
Quote Tweet
It's the 1st day of hurricane season & tropics are coming to life on cue.
* #Arlene -- the 1st storm -- could form as soon as this afternoon in Gulf.
* Meanwhile, Colorado State team increased their seasonal forecast due to "near-record" warm waters.
bit.ly/3C7IAtH
5
18
Getting a deal would also be good for the Senate pages. They have a farewell dinner Saturday night
1
6
37
. responds to my question about former President Trump saying he’d fix the U.S. in six months after DeSantis previously said he’d need two terms to turn the country around.
DeSantis: “Why didn’t he do it in his first four years?”
456
599
2,110
Kyrsten Sinema in shuttle senator mode right now. Maybe they will get this done today after all.
7
12
38
We should find out soon if the Senate will be able to preserve its customary 3 1/2 day weekend.
2
2
54
Ink isn’t dry but Collins, Graham want promise of $$$$$$$$$$$ to be named later to bust the caps on defense + fund Ukraine
Quote Tweet
NEW: Republicans and Democrats are coalescing around a time-tested way to bypass spending caps for defense: an emergency supplemental: about.bgov.com/news/defense-h w/@jackfitzdc @StevenTDennis
3
10
24
Huge moment: Decision by Mitch McConnell to shepherd a large omnibus through in the lame duck
*Allowed McCarthy to claim bigger savings vs much higher baseline
*No debt limit hike banked leverage for McCarthy
*Avoided fight over Ukraine $ while speakership was in doubt
6
35
The penny, which the US mints at a cost of 2.72 pennies each, survived the debt limit fight.
40
96
246
Don't forget to save all of your debt limit explainers, platinum coin fantasies, zero-coupon bond ideas, selling the gold to the Fed like in 1953, and assorted other items for when we do this all over again in 2 years.
4
17
67
Some Senate Republicans likely to vote against the debt bill because they say $886.3 billion isn't enough money for defense/national security.
6
6
22
Locker room material for Mike Lee & Co.
Quote Tweet
“Now we are allowed to say it: we rolled them” said Democrat Brad Sherman
Show this thread
2
1
25
The only plan I've seen that comes close to this: Rand Paul's. He wants to slash overall government spending by 25% in 5 years. (This will not happen.)
Quote Tweet
If you actually wanted to start paying down the $31.4 trillion debt as many pols say they want, you'd need a $20+ trillion deal over a decade.
Show this thread
3
1
18
. and I also reported last week that a band of Democrats had assured McCarthy they'd have his back in a motion to vacate vote in wake of a compromise debt deal. And folks like Steny Hoyer don't want to see chaos in the institution.
3
5
21
Show this thread
There's also an old saying: If you go after the king, you best not miss. Might explain why that 1910 vote is so rare.
Remember: If you have the votes, you would be voting. They don't have the votes, so they are talking.
2
5
46
Show this thread
Y'day Rep. Ken Buck on CNN admitted people unhappy with McCarthy don't have an alternative who could get the support of more than half of the Republican conference for speaker (let alone 218!).
1
4
24
Show this thread
Last motion to vacate roll call vote: 1910.
Guy they tried to vacate: Joe Cannon.
Boomeranged so bad Cannon has a colossal office building named after him and a bust just outside the House chamber.
5
15
72
Show this thread
Rep. David Cicilline (D-RI) walking towards the Capitol with his resignation letter and “list of accomplishments” in hand.
Today is his last day serving in the House
212
456
4,376
Rep. Lauren Boebert narrowly missed the vote, running up the steps right as they gaveled.
152
243
1,058
I am not a Member of Congress. Sorry if I gave anyone that impression.
1
2
167
Show this thread
Show this thread
Recital over. Definitely worth it!! If you need to restore your faith in the future I highly recommend watching 100 5th graders belt out “Don’t Stop Believing”
19
17
687
Show this thread
I’m not staying for the House debt vote because my daughter has a concert recital. I’ve missed a lot of dad time the last two weeks and this is more important.
83
53
2,665
Show this thread
The reason why some people aren't talking to reporters is because they have the votes. When you have the votes, you vote. When you don't, you talk.
7
35
188
Democrats are likely to have a lot of leverage come omnibus time just like they did in past years when Boehner/Ryan almost always needed Pelosi’s votes to keep the government open.
2
13
67
DEBT DEAL RULE VOTE: 29 House R's voted against the rule – & just before it closes, Democrats are now going to to the well of the House to change their votes so it can pass. Jeffries at one point stood at the Dem lectern and held up a green card as a signal (he is still a no tho)
5
24
44
Show this thread
More Trump tapes
Quote Tweet
NEWS — Prosecutors have an audio recording of a meeting where Trump acknowledges he held onto a classified doc about Iran, undercutting argument he declassified everything. Investigators have also questioned Gen. Milley. W @kpolantz @PaulaReidCNN
cnn.com/2023/05/31/pol
7
12
56
The Dems voting for the rule are the kind of Dems who you could imagine voting against a motion to vacate the chair.
8
4
44
Schumer told reporters some Dems wouldn't agree to take debt ceiling off table when they were in charge, including Manchin publicly and 3-4 others privately.
6
34
54