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CNN s New Day actually gets the debt ceiling right — and highlights McConnell s dishonesty
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We Regret to Inform You That Congress Is Doing Debt Ceiling Shenanigans Again
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something that s not getting as many headlines this morning as shutdown day 12 or mitt mromney. but it s something that s really important. they may reinstate the gephardt rule. the significance of democrats doing that and attaching it to any budget that s passed? it s interesting. the debt ceiling hasn t been that much of an issue since republicans took control of washington. they were willing to make it an issue when there was a democrat in the white house. democrats made an issue out of the debt ceiling when there was a republican in the white house. there really hasn t been something you hear a lot about. some day it will be. they haven t been willing to make it that much of an issue. so, yes, this is something where the democrats could be giving up a potential pressure point, something that they could make an issue out of to torment the
but they will have weight. and you mentioned sherry bustos who comes from my home state of illinois and she s emblematic of a new movement in the house of women coming up. carl, i want to stick with you for one second because this is an important moment. this is our nerd alert segment, which we invented. we were talking about the rules package. democrats have something in that rules package related to the gephardt rule. we won t talk about cut go and pay go but i d like you to explain that. it could be significant. you mean about the debt yes. so the democrats pack in the day figured out a way to get the debt limit increased without having to really take a vote on it and of course that became a big problem when the republicans used that as leverage against the democrats and obama to cut spending, a thing they seem to have forgotten these days so do restore that takes away a weapon
not you re hopeful about how fruitful that discussion is going to be, is that the place where they could work out new rules, where we don t keep hitting this limit? no, we would have to do a little bit deeper than that. they repeal gephardt rule and then brought it back. i think it was repealed in 2001, brought back in 2003. repealed again in 2011. that can be done. but my sense of it would have to be one of the house rules changes. i could be wrong about that. i m not a parliamentarian by any means. but i tell you i had a chance to talk with senator morie last week. i think you know how democrats feel, made it clear in the last debate where we are coming from. to negotiate with ryan on the ryan budget the one that passed the house is terrifying to me. that budget did grievous harm to the things we care about in this country.
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