'Republicans are set on using your earned Social Security benefits as a bargaining chip,' said SSWorks, noting that 'Democrats can stop this scheme by raising the debt ceiling before the end of the year.'
Now that McCarthy is trying to secure enough votes to be elected House speaker, he is facing pressure from several right-wing colleagues to state specifically how he would approach the debt ceiling question"before they decide whether to support him on January 3 for the most powerful position in Congress,""In interviews with, more than two dozen House GOP lawmakers laid out their demands to avoid the nation's first-ever debt default, ranging from new immigration policies to...
"For McCarthy, the debt ceiling debate will represent one of his most difficult balancing acts if he's elected speaker: He would need to work with Senate Democrats and President Joe Biden to cut a deal and avoid economic catastrophe without angering his emboldened right flank for caving into the left,"noted.
An unnamed Republican who has been critical of McCarthy told the outlet that certain members of the House Freedom Caucus—a far-right alliance with the potential to dethrone the party leader and former speaker—are particularly keen to use the debt ceiling as a bargaining chip to impose austerity. "I don't fear not raising the debt ceiling, because if we didn't raise the debt ceiling, all that would mean [is] we'd have to cut discretionary spending so we stop spending more than we're taking in," said Rep. Bob Good ."That's a panic here in Washington because we're so beholden to spending."
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