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Thread: Another government shut-down looms

  1. #1
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    Another government shut-down looms

    From this morning's WSJ:

    This is only an extract.

    Fate of Next Spending Deal Lies With Pelosi, Mnuchin
    House speaker, Treasury secretary maintain good rapport amid tensions between Trump administration and Democrats


    By Kate Davidson and
    Andrew Duehren
    Nov. 24, 2019 7:00 am ET

    WASHINGTON—When Congress returns from its Thanksgiving break, lawmakers will have just three weeks to come up with a detailed agreement on funding for more than a dozen federal agencies, or risk a government shutdown days before Christmas for the second year in a row.

    To help negotiate a path forward, the administration is deploying Treasury Secretary Steven Mnuchin to work with House Speaker Nancy Pelosi (D., Calif.), according to two administration officials. It is an unusual remit: Past Treasury secretaries have played a role in budget negotiations, but discussions over detailed spending legislation are typically led by the Office of Management and Budget.

    While OMB is closely involved, Mr. Mnuchin has emerged as the public face of the administration on Capitol Hill in the spending talks, which took a positive turn this weekend even as impeachment strains the broader relationship between the two branches. Mr. Mnuchin’s role speaks to the rapport and goodwill he has built up with lawmakers and, in particular, Mrs. Pelosi, current and former administration officials said.

    “People see that he’s close to the president. They know he’s less of an ideologue,” said Stephen Pavlick, head of policy at Renaissance Macro Research and a former Trump Treasury aide. “And, just because of his longevity in an administration that has had a lot of turnover, he’s somebody who’s been there and will probably be there for a while.”

    Mrs. Pelosi and Mr. Mnuchin forged a working relationship over the summer, when the pair negotiated an agreement to lift the government’s borrowing limit and set overall spending levels for the next two years.

    Over the course of several weeks, the two spoke on the phone almost daily, focusing on specific provisions in the deal rather than ideological or political disagreements, according to a person familiar with the discussions.

    “They respect each other and they also understand that they have a job to do,” a senior administration official said of Mr. Mnuchin and Mrs. Pelosi. “They’re both there to represent their position, but they’re also there to do the work of the American people and get this budget deal done.”
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

  2. #2
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    People in government that give a hoot about debt limits are more rare than hen’s teeth. They only quibble about whose pet spending projects get more.
    ...............
    “You can vote your way into socialism, but you have to shoot your way out.” — Too fundamental to have an attribution


  3. #3
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    As an adjunct to your comment, I just went through this list of our Senators and their supposed wealth.

    I have no idea of the accuracy of this---but based on presented numbers, I was shocked. As a whole they appear to be no better at fiscal management of their own then they are of ours:

    A few have zero net wealth.
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

  4. #4
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    Quote Originally Posted by Dave Grubb View Post
    A few have zero net wealth.
    Maybe they're just better at hiding what they stole than the others...Or maybe they're not as skilled at thievery as their cohorts in crime...Yes I'm a pessimist, and a broke one at that......Ben
    The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...

  5. #5
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    Also broke Ben and don't give a damn so lets all kick out Trump and put in pocahontas.
    Old redneck hillbilly borned and raised on a redwood stump.

  6. #6
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    Quote Originally Posted by Billy_Rightwing View Post
    Also broke Ben and don't give a damn so lets all kick out Trump and put in pocahontas.
    Billy I'm quite positive she would discover all the hidden wealth I've accumulated...She would find out how we retired firearms dealers supplement our Social Security incomes in the precious metals business...I try new routes on my daily walks and carry a sack to pick up aluminum cans which I sell when I go to the doctor's office to reduce the amount of my copay...

    Today was exceptional as I found not only five pounds of cans on a new 2.5 mile route, but also about 30 pounds of aluminum curtain rods which caused me to return with my truck...Yes life is good in the precious metals business......Ben
    The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...

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