Democrats Plot Debt Ceiling Fight And Government Shut Down To Thwart Trump Tax Cuts
by Tyler Durden
ZeroHedge.com
Jun 5, 2017
After 8 years of bashing Republicans for using debt ceiling votes as leverage to try to force spending cuts, Democrats now seem intent upon doing pretty much the same thing, well, at least the ‘using the debt ceiling as leverage’ part. In fact, after repeatedly calling for a ‘clean’ debt ceiling vote (i.e. one without attached conditions) House minority leader Nancy Pelosi recently hinted, in her typical incoherent manner no less, that Democrats may now be looking into using the debt ceiling vote as leverage to thwart Trump’s forthcoming tax proposals.
“I don’t have any intention of lifting the debt ceiling to enable the Republicans to give another tax break to the wealthy in our country. To further exacerbate the challenge that is created when they have their trickle down economics.”
“The president keeps saying ‘the tax bill is moving through Congress,’ it doesn’t exist. It doesn’t exist. So you understand the frustration. It doesn’t exist. There is no tax bill moving through Congress.”
As Bloomberg points out, Democrats have been the key to passing ‘clean’ debt ceiling increases in the past but hypocrisy is not a concept that is well understood in Washington D.C.
The Rest…HERE
