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Bruce Culver's avatar

It appears H.L. Mencken was right. Well, should the apocalypse hit and the Repubs take Congress, it is not too late to hope for another asteroid..... The bloodbath will be epic, and the people who will be most hurt by it are the fools voting for the Republicans. If they do take back both houses of Congress, nothing will be done because Biden can veto anything they pass and they cannot overturn his vetoes but they WILL use the debt limit to undo as much as they can of everything the Dems have passed to help the American people. The only way Biden and the lame duck Congress can stop that is to take the debt limit off the table in a reconciliation move to eliminate the debt ceiling (likely a non-starter) OR raise it so high (to $900 trillion) that we will never get there, so the debt limit will not be useful as a political cudgel. Look, we KNOW the Republicans no longer can govern - they do not have a platform, the economics they support are actually dying (thank God) and they instinctively want to take away the things the public actually wants. At some point, even the thickest rube will see that he and all his family and friends are going down the dumper, and they will look at the ruling party to blame. When the Republicans and their rich backers have run the country into the ground, then some hapless Republican president gets to channel his inner Herbert Hoover and we have a new landslide and a new 'New Deal'..... All the tumult and hurt will have been for nothing at all.....

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TCinLA's avatar

Democrats can defuse the debt limit bomb in the lame-duck session. They can either fund the government to September 2024 and dare the Republicans to crash the economy in the middle of Trump's re-election run, or fund the government for the next 10 years and wipe out the debt limit, or enact the Gephardt Doctrine as law (the debt limit is deemed raised by voting for funding government programs). The last would be the least good, and best of all would be to abolish it altogether, but there aren't the votes for that.

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