Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Lauren Boebert Has a TEMPER TANTRUM Over GOP's Bad Deal
Posted
May 31, 2023
Views
8,533
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452
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127
Engagement
6.79%
May 31, 2023
8,533
452
127
6.79%
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7:37Now PlayingJoe Scarborough, Lauren Boebert, the media and other politicians react to the debt ceiling plan. Some believe the negotiation is going well with Joe Biden and Kevin McCarthy, while individuals like Lauren Boebert believe the deal is a disaster for the wrong reasons. Senator Nina Turner and Dan Evans break it down on Unbossed.
Read more here
The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity.
No, it’s not 2023.
It’s 2011, when then-President Barack Obama agreed to a debt ceiling deal with then-House Speaker John Boehner that called for more than $900 billion in upfront spending cuts and deficit reduction, as well as the creation of a joint congressional committee that would find at least $1.2 trillion in additional belt tightening.
The situation is similar to the one President Joe Biden, who served as Obama’s vice president, is facing today. He and House Speaker Kevin McCarthy, a Republican, are pushing their parties to swiftly approve their agreement to address the current debt limit drama before the US could start missing payments on June 5.
Today’s House Republicans may want to look back at the results of their predecessors’ hard-fought deal. Things didn’t proceed as planned, and a chunk of the reductions was ultimately pared back through a subsequent series of bipartisan bills.
“Once Congress took a look at the programs and what was required, they realized they couldn’t make cuts that deep,” said Brian Riedl, a senior fellow at the right-leaning Manhattan Institute who was involved in the 2011 negotiations.
Follow Senator Turner on:
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