Punchbowl News’ Jake Sherman is reporting that Sen. Mitch McConnell will offer Dems a “short-term debt ceiling extension today” or offer Sen. Chuck Schumer “an expedited reconciliation process” to resolve the debt-ceiling crisis:
🚨🚨 NEWS: @LeaderMcConnell just told a closed meeting of Senate Republicans that he would offer a short-term debt ceiling extension today. Or offer @SenSchumer an expedited reconciliation process.
— Jake Sherman (@JakeSherman) October 6, 2021
Hardest hit is CNN who just put up the countdown clock:
👀 Countdown to debt limit clock pic.twitter.com/mizfYK5Lpx
— Brian Stelter (@brianstelter) October 6, 2021
We have no idea if Dems will take McConnell up on his offer, but they’re already whining about the expedited reconciliation plan:
Rs & Ds just completely talking past one another on debt limit.
Thune just told us Rs would "expedite" reconciliation process so Ds can quickly lift DL, with a hard dollar value attached to lift in DL.
Dems say they can't vote for that because Rs will then run attack ads.
1/2— Paul Kane (@pkcapitol) October 6, 2021
You see, they’re afraid of the attack ads it may generate:
"A lot of the Democrats don't want to do that at all," Warner told reporters.
A vote to lift debt would be in multiple trillions of dollars, then lead to R attack ads. So Dems view "expedite" as just a political trap.
There is no no easy exit ramp to this DC-created crisis. 2/2— Paul Kane (@pkcapitol) October 6, 2021
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First up, this is “insane”:
Expedited reconciliation is silly. Saying no because attack ads is insane. https://t.co/C3i41P2Ap0
— Liam Donovan (@LPDonovan) October 6, 2021
And more importantly, tell us more of the attack ads you speak of, Dems:
Dems — Schumer himself! — ran attack ads against R’s for raising debt ceiling back in 06, when Senate Dems (Schumer & Biden included, natch) opposed raising it in a party-line vote during unified GOP government. Senate R’s did it alone, DSCC attacked. https://t.co/8rpjKWdbm2 https://t.co/N0pWhR3jYp
— Guy Benson (@guypbenson) October 6, 2021
Hypocrites.
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