The republicans don’t care about the economy, they want political power. To get it, they need to crash the economy or wipe out every thing Biden got done while getting concessions on the border and fewer regulations / more leases for drilling. This is a power play for 2024 elections. It has nothing to do with the debt limit other than causing hurt to the public that they can blame on Biden. They are already just making up things like how Biden is working for China. And stupid people believe their bullshit. Hugs
Semafor reports:
Republicans have often bristled at accusations that they are resorting to hostage tactics by refusing to raise the federal debt ceiling without securing spending cuts.
But on Tuesday, Florida Rep. Matt Gaetz leaned into the charge as he explained to reporters that he and his fellow hardline conservatives would likely reject any sort of compromise deal that watered down the party-line bill Republicans passed through the house.
“I think my conservative colleagues for the most part support Limit, Save, Grow, and they don’t feel like we should negotiate with our hostage,” Gaetz told Semafor.
Read the full article.