I really like the power and usb power ports where it is easy to add a small device without running wire back to the outlet. Very well made, good solid quarter in bolts for every support for each shelf, and the material is good quality too. I was not dissapointed, this light shelf it really nice. I found this one, looked great, loved the design and decided to try it out. “It’ll get resolved because there’s nobody - none of the leaders anyway - who are saying, ‘This is no big deal and we don’t need to do this,’ ” said Kumar, who now is co-leader of the Washington national tax services practice at PWC, an accounting and consulting firm.My night stands just where horrible and I got the idea of putting a light shelf on each side of the bed, that also was low enough for my bed too. And he’s optimistic that a breach of the debt limit will be avoided because both sides know how serious that would be. Yellen’s new warning should help accelerate a deal because the deadline is so near, said Rohit Kumar, who was McConnell’s deputy chief of staff during the 2011 debt limit crisis. ![]() So your question is, ‘will not default?’ I’ve done everything in my power to make sure it will not default,” McCarthy said. When McCarthy was asked if he would commit to the country not defaulting, he noted that the House already has passed a debt limit increase and that he can’t control what happens from there. Schumer said the bill won’t pass the Senate and Biden has threatened to veto it anyway, saying the spending cuts are too extreme. On April 26, House Republicans approved legislation on a party-line vote that would increase the debt limit by $1.5 trillion or suspend it until March 31 (whichever comes first) in exchange for reducing the deficit by about $4.8 trillion over the next decade. Treasury Secretary Janet Yellen last week said those “extraordinary measures” could run out as soon as June 1. The nation technically hit its $31.4 trillion debt limit in January, but the Treasury Department has been using accounting maneuvers since then to temporarily allow the government to continue to pay all its bills on time. shall not be questioned,” is problematic because it would end up in the courts. But he noted such a move, based on wording in the amendment that says the “validity of the public debt of the United States. He said staffers would start searching for a solution but “we need to take the threat of default off the table.”īiden said he was considering invoking the 14th Amendment of the Constitution to continue borrowing without a debt limit increase. We pay our bills and avoiding default is the basic duty of the United States Congress.” “I made clear during our meeting that default is not an option,” Biden said after the meeting. “And the sooner the president and the speaker can reach an agreement, the sooner we can solve the problem.”īut Biden was unmoved and insisted congressional Republicans needed to increase the debt limit without any conditions. However, elections have consequences,” he said. The United States is not going to default. McConnell emphasized that after the White House meeting. It’s as clear as the sun rising in the morning.” There’s no way the House Republicans are going to raise the debt ceiling without spending cuts. “I don’t think that’s a realistic approach. ![]() and the lessons they’ve learned is, don’t negotiate,” Kahn said, noting the 2011 talks fell apart before a last-minute scramble to cobble together a deal. ![]() “Biden basically feels that Democrats got burned the last time. Biden was a key player in those negotiations as Obama’s vice president. you have House Republicans who are willing to go into default unless they get the concessions they want.”īut since Republicans won the House last fall, Kahn said, Biden has no option but to follow former President Barack Obama’s example from 2011 and try to negotiate a debt limit increase. “This time around, the Republican Party in the House is far more extreme. “I think the chances of default are the greatest they’ve ever been in history,” said Thomas Kahn, a fellow at American University’s Center for Congressional and Presidential Studies who participated in the 2011 negotiations as the Democratic staff director of the House Budget Committee. And Biden has refused to negotiate, arguing it is Congress’s responsibility to raise the limit to pay for spending it already has authorized. McCarthy has insisted the new House Republican majority won’t increase the $31.4 trillion debt limit without significant spending cuts. This year, there have been no ongoing talks.
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