Sahil Kapur

@sahilkapur ↗

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Last Checked Feb. 14, 2023

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Tue Jan 31 19:56:31 +0000 2023

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Sahil Kapur @sahilkapur

This telling of history is (1) accurate, and (2) one reason Congress hasn't waged another 2011-style showdown on the debt ceiling. Both parties, for different reasons, ended up hating the deal they cut and changed course to push spending back up. — PolitiTweet.org

McConnell recalls the 2011 package he negotiated with Biden to lift debt limit. It did cut spending, he says, but a… https://t.co/EznJqHucDO

Posted Jan. 31, 2023

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Sahil Kapur @sahilkapur

.@LeaderMcConnell on the debt ceiling today: "The deal has to be cut, obviously, between the House majority and the Democratic president in order to survive over here. So we're all behind Kevin, and wishing him well in the negotiations." — PolitiTweet.org

Posted Jan. 31, 2023

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Sahil Kapur @sahilkapur

The idea of Treasury making some payments and not others in the event of a debt ceiling breach — floated by some Republicans as a fallback — draws pushback from the White House chief of staff: — PolitiTweet.org

The Republican plan to "prioritize" is just another way of saying "default." It pays foreign bondholders, but do… https://t.co/lifZbE3rnI

Posted Jan. 31, 2023