Sunday, May 28, 2023

Quote of the Day

The [tentative debt ceiling] deal [between the White House and Republican leaders] represents the worst of conservative budget ideology; it cuts investments in workers and families, adds onerous and wasteful new hurdles for families in need of support, and protects the wealthiest Americans and biggest corporations from paying their fair share in taxes.

Lindsay Owens
Executive Director of the Groundwork Collaborative
Quoted in Jake Johnson’s article,
Progressives Condemn Biden-GOP Debt Ceiling
Deal as ‘Cruel and Shortsighted’

Common Dreams
May 28, 2023

Rashida Tlaib: Quote of the Day
– June 1, 2023

Related Off-site Links:
Biden and McCarthy Reach Debt Ceiling Deal to Avoid Default – Mike Lillis (The Hill, May 27, 2023).
Debt Ceiling Deal Keeps Non-Defense Spending Roughly Flat Until Fiscal 2024 – Reuters (May 27, 2023).
White House and McCarthy Move to Lock Down Votes After Striking Deal to Avoid Default – Claudia Grisales, Ximena Bustillo, Franco Ordoñez, and Joe Hernandez (NPR News, May 28, 2023).
Rep. Pramila Jayapal Says White House Should “Worry” About Progressive Caucus Support for Debt Ceiling Deal – Jake Johnson (Common Dreams, May 28, 2023).

UPDATES: Debt Deal Raises Military Spending and OKs West Virginia Pipeline While Introducing New Work Rules for Food StampsDemocracy Now! (May 30, 2023).
Manchin and Biden’s Horrible Mountain Valley Pipeline Push – Allie Rosenbluth (Common Dreams, May 30, 2023).
It’s on McCarthy to Find Votes for Ransom Package, Say Progressives – Jessica Corbett (Common Dreams, May 30, 2023).
Far-right Members Threaten a “Reckoning” Over McCarthy’s Debt Limit Deal – Barbara Sprunt and Deirdre Walsh (NPR News, May 30, 2023).
Debt Ceiling Bill Passes in the House, Advances to the Senate Days Ahead of Default Deadline – Christina Wilkie (CNBC News, May 30, 2023).

See also the previous Wild Reed posts:
Marianne Williamson: Quote of the Day – May 10, 2023
A Deeper Perspective on What’s Really Attacking American Democracy
Republicans Pose an “Existential Threat” to American Democracy
The Big Switch
The Republican Party in a Nutshell
Republicans Don’t Care About American Democracy
“The Republican Party Has Now Made It Official: They Are a Cult”

1 comment:

McAuley said...

Yes, it’s terrible, but failing to raise the debt ceiling in time would trigger economic disaster. Even the 14th amendment route, because of court challenges, would ruin investor confidence, and cause major damage. So corporate interests win again. The good news is that my retirement funds don’t evaporate right before I age out of private disability insurance, and my SSDI check will still arrive. Sometimes not a big loss is the closest we can get to a win.

I hope people remember what Republicans have done, flip the House back, and secure an outright Senate majority in ’24.