Trump Narrowly Avoids Gov’t Shutdown, Sets The Stage For Fiscal Nightmare


The flood waters brought by Hurricane Harvey and the possible pending damage of Hurricane Irma have many U.S. residents on edge and wondering their next steps. However, rom an economic perspective, a fiscal nightmare has been created by the need to support the tens of thousands of impacted citizens with returning to some sort of normalcy, along with already strained debt ceiling talks.

Tough economic and societal times such as the ones currently facing the U.S., aren’t meant to be navigated by the feeble-minded. Unfortunately, the country is stuck with Donald John Trump. Having repeatedly proven the inability to see to the sound financial state of his privately held companies, Donald Trump doesn’t really fit the bill of the kind of person sought after at times like this. American needs a sound fiscal manager and Trump has shown himself to be far from that.

Nevertheless, the U.S. is stuck with Trump and it’s up to D.C. lawmakers to hold him accountable. Despite some of the ways the Democrats have been beyond disappointing where standing up to Trump is concerned, they seem to stand at-the-ready to take a firm stance with Trump regarding relief for survivors of Hurricane Harvey and those who will possibly be hit by Irma.

In a clear strategic move, on Wednesday, Washington Democrats announced that they’ll propose offering Republicans votes for their hurricane relief package and approve an increase of the debt ceiling. The catch? This willingness to compromise is a far cry from the GOP’s desired time frame of an increase good until 2018. Democrats are only willing to raise the ceiling until December — 2017.

This short-term fix to a long-term problem, will likely squash Republicans’ plan to connect an increase to the debt ceiling to their disaster relief proposal. Moreover, if GOP lawmakers agree, the deal would create a year-end fiscal nightmare as it will set the tone for government funding and the debt ceiling to both be dealt with come year’s end.

In a joint statement, Chuck Schumer (D-NY) and Nancy Pelosi (D-NY) frankly said:

‘Given Republican difficulty in finding the votes for their plan, we believe this proposal offers a bipartisan path forward to ensure prompt delivery of Harvey aid as well as avoiding a default, while both sides work together to address government funding, DREAMers, and health care.’

The move by Democrats is seen as one of a few ways that they’re looking to maintain some leverage regarding other issues. Ironically, in the past both Schumer and Pelosi have expressed disagreement with the debt ceiling being used as a negotiation tool. However, desperate times call for desperate measures and the Trump administration has created a situation whereby Democrats know Republicans need their votes on key issues.

For now, Democrats are rolling the dice with the hopes that Republicans will fall for the bait and bend on this key issue. Politics makes strange bedfellows.

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