Skip to main content
Updated:
Original:

Legislative Wizard Mitch McConnell Has A Plan Vis-à-Vis Not Turning America Into Argentina

Trust him: He’ll cobble together the votes to keep us paying our bills. When has he not?
Author:
By NATO Training Mission-Afghanistan MCC(SCW) Francis J. Carroll [Public domain], via Wikimedia Commons

By NATO Training Mission-Afghanistan MCC(SCW) Francis J. Carroll [Public domain], via Wikimedia Commons

The Senate Majority Leader has a promise: The United States of America will not default. “There is zero chance—no chance—we won’t raise the debt ceiling,” Mitch McConnell said. “No chance. America’s not going to default.” So you chicken-little economists can stop worrying about that, and you fearmongers can holster your hot takes about economic catastrophe. After all, the very same Mitch McConnell, living up to his reputation as a master legislative tactician, has already shepherded repeal-and-replace, financing for a big beautiful border wall, a massive infrastructure plan and even more massive tax cut and reform plan through the narrowly divided Senate, right? Raising the debt limit will be a piece of cake. Why, just ask Treasury Secretary-extraordinaire Steve Mnuchin:

"We're going to get the debt ceiling passed. I think that everybody understands this is not a Republican issue, this is not a Democrat issue," Mnuchin said. "We need to be able to pay our debts. ... This is about having a clean debt ceiling so that we can maintain the best credit, the reserve currency and be focused on what we should be focusing on … so many other really important issues for the economy."

We’re sure he’s run that statement by Ted Cruz, Mick Mulvaney, Mark Meadows and the rest of the Freedom Caucus, so there’s nothing at all to fear. Nothing except Congress running even more efficiently and harmoniously than it already is, as if that were possible.

Mitch McConnell: ‘Zero chance’ US fails to raise the debt ceiling [CNBC]

Related

ItMnuchin

Steve Mnuchin Maybe Suddenly Feeling Bad For All Of Those People He Kicked Out Of Their Homes

For the first time in his life, the Treasury secretary may not have the money to pay the bills.

powell

Saving The Economy Didn’t Keep Jay Powell That Busy

Not too busy, anyway, to not trade shares in between chats with Steve Mnuchin.

capitol3

Instead Of Closing Carried-Interest Loophole, Democrats Would Just Make It A Real Pain In The Ass

Of course, neither that plan nor the larger bill of which it is a part is going anywhere, but it’s nice to know all the same.