Schumer-McConnell reduced the debt ceiling drama

Senate Majority Leader Charles schumerChuck Schumer Standoff Scraps Quick Settlement on Senate Defense Bill Ahead of Thanksgiving Defund Biden: The Only Way to Put America on a Schumer Budget: Emissions Cuts ‘Not Enough’ Without Delivering with the White House environmental justice standard MORE (DN.Y.) and Republican leader Mitch McConnellAddison (Mitch) Mitchell McConnellOvernight Defense & National Security – Presented by Boeing – Senate passes defense bill On The Money – House Democrats pass Biden’s big bill The Hill’s Morning Report – Presented by ExxonMobil – House to vote on Biden’s social spending bill after McCarthy delay MORE (Ky.) They’re reducing the drama as they try to find an escape hatch from another high-stakes fight over the debt ceiling.

Congress has until about Dec. 15 to increase the nation’s borrowing limit, according to the Secretary of the Treasury. Janet yellenJanet Louise YellenHouse Passes Massive Climate and Social Policy Measure Two More Democrats Urge Biden Not to Elect Powell as Fed Chair McConnell Seeks Way Out of Debt Limit MORE, who warned that the mid-December date is when the government will no longer be able to pay its bills in full.

On the surface, the deadline sets the stage for the second round of a hard-hitting fight between Senate leaders, who spent weeks in open warfare before the October debt ceiling vote, each walking to the limbs as their superiors exchanged. .

But instead, McConnell and Schumer, whom their colleagues say they rarely talk about, are publicly doing their blows for now, in what senators see more as a marriage of necessity, with the global economy at stake, than a marriage of necessity. love between the two adversaries. .

“I don’t know if it’s necessarily a thaw, I just think there’s an understanding that this has to be done,” Sen. John thuneJohn Randolph ThuneMcConnell, Schumer Seek Debt Ceiling Off Ramp The Hill’s Morning Report – Presented By ExxonMobil – Gosar Censored As Republican Drama Moves Up America May Default Before Christmas If Debt Ceiling Not Raised: analysis MORE (RS.D.), the second Senate Republican, said.

When asked if he was picking up bipartisan vibes between the two, the senator. Kevin CramerKevin John Cramer Sunday Shows Progress: Boosters Open To All U.S. Adults House Democrats Pass Spending Plan To Senate Standoff Eliminates Quick Agreement On Senate Defense Bill Before The Thanksgiving Schumer, McConnell talk about the debt ceiling MORE (RN.D.) jokingly replied: “No.”

“I feel like pragmatic people are finally coming together,” Cramer added.

McConnell and Schumer have served in the Senate together for more than 20 years, but their relationship is notoriously cold, though not as overtly hostile as the relationship between the Republican leader and the former Senate Democratic leader. Harry reidHarry Mason ReidMellman: Are Independents Really That Independent? CBC’s pivotal role in infrastructure underscores the growing stature of the caucus Conclusion MORE (Nevada.).

The two have pragmatic and bargaining streaks in their political genes, a common thread that sparked hope before Schumer took over as top Senate Democrats in 2017 that they could find a way to work well together.

And there have been moments of levity, including joking about bourbon together when Schumer spoke at the University of Louisville in 2018 after the two struck a budget deal, and exchanging jokes earlier this year when Schumer pounced to beat McConnell at a weekly press conference.

But they are also opposites in personality, with Schumer continually sensing his caucus in person or through his infamous flip phone, while McConnell’s thinking is sometimes difficult for even his closest allies in the Republican Party to decipher. And there have been heated fights between them, including three Supreme Court confirmation battles that swept through the Senate.

Schumer’s spirited speech after 11 Republicans helped fuel short-term debt rise in October, though he ultimately voted against the bill, initially appeared to have rejected any chance of a deal on the next debt fight. .

McConnell, in a letter sent to Biden the day after the speech, argued that Schumer “poisoned the well” with his comments, which the Republican leader likened to a “tantrum.”

“I am writing to inform you that I will no longer provide that assistance if your fully Democratic administration plunges into another preventable crisis,” McConnell wrote at the time.

But temperatures seemed to have cooled between the two since then, and both were careful not to draw hard lines during the recent back-to-back press conferences.

“We cannot allow America’s faith and credit to expire and we are focusing on getting this done in a bipartisan way,” Schumer told reporters.

When asked about Democrats who wanted the debt ceiling to be bipartisan, McConnell sidestepped it and instead predicted that “we will find a way to avoid default. We always do. ”

The two had a rare in-person meeting the day after two sources told The Hill they were talking, and McConnell later said they had a “good conversation.”

“We agreed to keep talking, working together to try to get somewhere,” added McConnell.

Trying to find a way forward on the debt ceiling has benefits for both: Schumer faces a jam-packed end-of-the-year schedule that would be complicated by a protracted fight over debt, with government funding, a bill of mass defense policy and President BidenJoe BidenRisch, dismayed by Republican senators’ blocking of Biden’s diplomatic elections, on Sunday shows a trailer: Boosters open to all American adults; House Democrats pass spending plan to Senate White House calls for investigation into sexual assault allegations of missing Chinese tennis star MOREThe social and climate spending plan is also on the to-do list.

McConnell, meanwhile, faced fierce backlash from conservatives in his own group for his strategy during the fight for the debt ceiling earlier this year. And Republicans are aware of the pressure Sens is exerting. Kyrsten CinemaKyrsten Sinema: Democrats move on as Manchin yo-yos Biden’s election for Arizona federal prosecutor confirmed by Senate Three senators say NYT coverage of Sinema’s clothing is ‘sexist’ MORE (D-Ariz.) And Joe manchinJoe Manchin Democrats Advance As Manchin’s Yoyos Five Takeaways: House Passes Biden’s Radical Benefits Bill Energy and Environment Overnight – House Passes Giant Climate and Social Policy Bill MORE (DW.Va) are low to change filibuster.

Previous President TrumpDonald Trump Trump Tells Former Aide Navarro to ‘Protect Executive Privilege’ in House of Representatives’ COVID-19 Investigation Jan.6, Panel May See Influence from Bannon Impeachment Texas Democratic Rep. Eddie Bernice Johnson announces his retirement at the end of term MOREThe constant bombardment of McConnell also complicates the calculation in the Republican Senate caucus, where even Republicans who privately disagree with the former president are reluctant to publicly cross him. And Trump’s constant drumbeat against McConnell this week on the debt ceiling was quickly picked up by the Senator. Lindsey grahamLindsey Olin Graham Pennsylvania Republican Party-controlled Senate Will Spend Up To 0K On Election Investigation Campaign Against US Consulate In Jerusalem Driven By A Network Of Fake Accounts – Reports Senators Seek Defense Bill To Move Measures cybersecurity MORE (RS.C.), one of Trump’s closest allies in the Senate, tweeted on Friday: “I agree with President Trump that it is imperative that Senate Republicans do not help or support raising the ceiling of the debt”.

While Republican senators have raised that options are on the table about how the debt ceiling is raised, they do not believe that 10 members of their caucus will vote a second time to help advance a debt cap bill.

Instead, the Republicans’ main offer is to help Democrats raise the debt ceiling on their own through reconciliation, a budget process that allows them to avoid 60-vote legislative obstructionism. Senator Pat toomeyPatrick (Pat) Joseph ToomeyBlack Women Seek To Build On Achievements In Upcoming Election Watch Live: Republican Senators Present New Infrastructure Proposal Sasse Reprimanded By Nebraska Republican Party For Impeachment Vote MORE (R-Pa.) He has explored a proposal, endorsed by others in the caucus, to speed up the committee process and the floor if Democrats agree to increase the debt ceiling through the budget process. Reconciliation typically requires hours of debate and an unwieldy branch vote, where any senator who wants a vote can force it.

“I’d always be about compressing it, but I’d like to make sure part of the deal isn’t that you have Republicans behind it … but in terms of getting a quicker resolution, I think most Republicans would probably be fine.” with that, ”the Senator said. Mike braunMichael BraunCruz, Braun Criticizes Library of Congress for Dropping the Term ‘Illegal Aliens’ to Accommodate ‘Progressive Preference’ Overnight Health Care – Presented by Emergent Biosolutions – Pfizer, Strike COVID-19 Pills Deal American Peanut Butter and Jelly Debuts Before White House In Turkey Sorry More (Cortex.).

But some Democrats are adamantly opposed to using the budget process, believing Republicans will blink like they did in October.

Others, including Senate Democratic Whip Dick durbinDick DurbinOvernight Defense & National Security – Presented by Boeing – Senate rejects defense bill Historic immigration reform included in spending bill passed by the House of Representatives Standoff eliminates quick agreement on bill Senate Advocacy Before Thanksgiving MORE (D-Ill.), They think they should change the obstructionist rule to exempt the debt ceiling. While the October fight put pressure on Democrats to make a narrow switch to filibuster, Manchin said as recently as this week that he does not support the measure.

But some Democrats, including Manchin, support using the budget process. Others aren’t closing the door completely while they wait to see what offer comes out of the Schumer-McConnell talks.

Here’s the thing: I haven’t seen the details. I don’t know what they mean by that, ”the Senator said. Chris Van HollenChristopher (Chris) Van Hollen Democrats rush to figure out shutdown strategy Democrats believe GOP will blink in latest debt fight Defense and national security overnight – Presented by Boeing – Senators will accept bill defense on Wednesday MORE (D-Md.). “Until then, my point of view remains … either get on board and do the right thing with us or get out of the way.”



Reference-thehill.com

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