Majority Whip Rep. Emmer On Debt Ceiling Deal: We Have To Get This Done For The American People

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The current debate surrounding the debt ceiling has brought about uncertainty and concerns about whether there is enough support to prevent the country from defaulting. Congressman from Minnesota, during an interview, discusses the current situation and the actions being taken to address the issue.

As the House Republican whip, the congressman is confident that his party will not allow the country to default. However, efforts to negotiate a debt ceiling deal with President Joe Biden have not been successful. Despite being told by the president that he is willing to negotiate, there has been no movement towards a resolution.

In response to this stalemate, House Republicans plan to pass a debt ceiling proposal on the House floor and send it to the Senate. The hope is that this proposal will be passed into law and finally prompt the administration to engage in discussions. It is important to note that many people are still worried about the Democratic caucus and how it may impact the outcome.

The Possibility of Compromises and Speaker McCarthy's Future

If the proposal is sent to the Senate and returns with changes, there is a question of whether Speaker McCarthy would be able to stay in his position if he accepts these changes without the backing of the far right of his party.

The congressman clarifies that the proposal is not biased towards one side or the other. It is a bottom-up proposal that came from every member of Congress. It aims to return spending to pre-pandemic levels and build from there, with a 1% cap over the next ten years. This idea has been inspired by Joe Manchin, and it includes Clinton-era work requirements.

If the Senate makes changes to the proposal, what kind of compromises would be considered acceptable? The congressman emphasizes that whatever Congress passes will be deemed acceptable. The potential savings from the proposal amount to $3.9 trillion, with work requirements alone saving $135 billion. These savings would greatly benefit the economy by getting able-bodied, working-age adults without dependents into the workforce.

The Need for a Resolution and the Slim Chance of Failure

The congressman expresses his hope that a resolution will be reached. However, he acknowledges concerns about what might happen if the debt limit is breached. He makes it clear that Republicans will not allow the country to default.

In response to the belief held by President Biden and some Democrats that they have the leverage in this situation, the congressman dismisses such claims. He believes that the only way this resolution won't work is if President Biden and the Democrats decide to let the country default. Republicans are committed to preventing such a scenario and are proposing fiscal reforms that have been used successfully in the past.

Ultimately, the congressman appeals to the president and others on the Democratic side to recognize that the proposed solution is the right course of action for the future. He emphasizes that a clean raise is not a viable option and that Republicans are ready to show their commitment to preventing default.

Conclusion

The debate over the debt ceiling and the uncertainty surrounding its resolution continues. However, House Republicans are determined to prevent the country from defaulting and are taking action by passing a debt ceiling proposal. The hope is for the Senate to approve the proposal and prompt the administration to engage in meaningful discussions. The congressman emphasizes the need for compromises and emphasizes that Republicans will not allow the country to default. Time will tell if a resolution can be reached, but the commitment to finding a solution remains strong.

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Majority Whip Rep. Emmer on debt ceiling deal: We have to get this done for the American people
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