House Balks. Senate Restarts Talks. Debt Default Looms.

Last updated on: December 27, 2014 at 4:23 pm by Rebecca Hamilton

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House Balks. Senate Restarts Talks. Debt Default Looms. 2014-12-27T16:23:53-07:00 Rebecca Hamilton

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I am out of words for this stupidity.

It appears that the hermetically sealed brains in Congress really do think that this crisis they’ve manufactured is all about them.

I’ve got news for them.

The causes are all about them. But the consequences are about everybody but them.

This reminds me of one of those movies where the bad guy takes a hostage, usually the hero’s best girl or his child, and holds a gun to the screaming, terrified victim’s head while shouting “put down your gun, or I’ll kill ’em!”

The difference here is that the bad guy is the Congress of the United States, the hostage is the American people, what they’re threatening is great harm to our country, and there is no hero.

You can find your member of Congress here.

From The New York Times:

WASHINGTON — With the federal government on the brink of a default, a House Republican effort to end the shutdown and extend the Treasury’s borrowing authority collapsed Tuesday night as a major credit agency warned that the United States was on the verge of a costly ratings downgrade.

After the failure of the House Republican leadership to find enough support for its latest proposal to end the fiscal crisis, the Senate’s Democratic and Republican leaders immediately restarted negotiations to find a bipartisan path forward. A spokesman for Senator Harry Reid of Nevada, the majority leader, said Mr. Reid was “optimistic that an agreement is within reach” with Senator Mitch McConnell of Kentucky, the Republican leader.

With so little time left, chances rose that a resolution would not be approved by Congress and sent to President Obama before Thursday, when the government is left with only its cash on hand to pay the nation’s bills.

“It’s very, very serious,” warned Senator John McCain, Republican of Arizona. “Republicans have to understand we have lost this battle, as I predicted weeks ago, that we would not be able to win because we were demanding something that was not achievable.”

…House speaker, John A. Boehner, Republican of Ohio, and his leadership team failed in repeated, daylong attempts to bring their troops behind any bill that would reopen the government and extend the Treasury’s debt limit on terms significantly reduced from their original push against funding for the health care law. The House’s hard-core conservatives and some more pragmatic Republicans were nearing open revolt, and the leadership was forced twice to back away from proposals it had floated, the second time sending lawmakers home for the night to await a decision on how to proceed Wednesday.

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