Array
A debt ceiling crisis was announced by Treasury Secretary Janet Yellen on Monday, saying the deadline is June 1 for Congress to increase the $31.4 trillion federal debt limit. Suddenly, President Biden invited House Speaker Kevin McCarthy to the White House, while Biden insisted he would not consider any cuts in federal spending.
McCarthy and House Republicans have already rejected Biden’s demand for a debt ceiling increase with no spending reductions. McCarthy said Biden has «refused to do his job» by announcing he would not even discuss the spending limits passed by the House of Representatives.
The lights go out in D.C. unless the GOP-controlled House agrees to keep the money flowing. As long as Biden’s Department of Justice wastes millions on interfering with the next presidential election, the GOP House should decline to increase the debt ceiling.
Many House Republicans who voted for the Republican debt ceiling bill last week have endorsed Donald Trump for reelection in 2024, yet their bill would continue to fund the political hacks who misuse federal prosecutorial power against Trump.
Federal prosecutors have played video clips of Trump during the multi-million-dollar trials of Trump supporters accused of «parading» in the Capitol on Jan. 6, 2021. As investigative reporter Julie Kelly explains, these trials appear to be dry runs for prosecuting Trump himself, as many Democrats dream about a federal prosecution to derail Trump’s reelection campaign.
The county-level indictment of Trump in Manhattan has remarkably boosted him in the polls, which is the opposite effect for which Democrats hoped.
