The trickiest moment is expected today, when Kevin McCarthy, the Republican speaker of the House, brings the deal up for a vote
, save this one, could tell you: a little deadline pressure can be helpful. But this principle can, like most, be taken to insanity. Consider the pathological case of Congress under divided government, which often functions by wiring time bombs and sitting idly by until the countdown ticks close to zero. The present showdown over the debt ceiling, a statutory limit on the amount of money the Treasury can borrow, illustrates this worryingly well.
The trickiest moment is expected tonight, when Mr McCarthy brings the deal up for a vote in the House. He faces a brewing rebellion within his own caucus of hardline members who believe that he scored an insufficiently favourable deal with the White House. Mr McCarthy had a tortured route to power, having to endure aof 15 votes in January, when hardliners demanded concessions in exchange for his accession.
In private conversations the speaker has predicted that two-thirds of House Republicans would go along with the deal. The plain maths in an almost evenly divided chamber means that only one-third of House Democrats would then need to support it for the compromise bill to pass—a margin that would be easy to obtain. Progressives are certainly not thrilled about the deal struck by Mr Biden and Mr McCarthy.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TNT's Kevin Harlan on calling the historic Heat-Celtics Game 7: 'I'm humbled'The moment won’t be too big for Kevin Harlan. The veteran broadcaster knows the stakes in Boston Monday night, and he's ready to rise to the occasion. “What’s important is letting the game come to us,' he tells richarddeitsch.
Read more »
O’Ward on Ericsson Indy 500 clash: “I won’t forget that one”Arrow McLaren\u2019s Pato O\u2019Ward was livid over his dramatic collision with Marcus Ericsson in Sunday\u2019s Indianapolis 500, saying \u201cI\u2019ll make sure that he comes with me next time\u201d.
Read more »
Eddie Izzard does Dickens proud in her one-woman Great Expectations★★★★ eddieizzard plays every single character in this beguiling one-woman show 🖋️ FionaLondonarts
Read more »