Biden 'playing Russian roulette' with US finances, says J.D. Vance as GOP presses POTUS to deal
https://justthenews.com/government/congr...untrys-finances
"He's going to drive the American economy off the cliff," said the Ohio Republican senator.
By Nicholas Ballasy
Updated: May 3, 2023 - 11:29pm


Senate Republicans expressed support Wednesday for the 1-year debt limit extension coupled with spending growth limits approved by the GOP-led House last week, while pressing President Biden to negotiate a deal with House leaders.

"We have divided government," Sen. Pete Ricketts (R-Neb.) said during a news briefing with other GOP senators. "This is about compromise. This is the democratic process. The president needs to step up. I know he didn't fail civics 101. He knows how this process is supposed to work."

In addition to extending the debt limit, the House bill would revert to fiscal year 2022 domestic spending levels and limit spending growth by 1% per year.

The bill also eliminates many of the green energy tax credits in the Democrats' Inflation Reduction Act and blocks implementation of President Biden's $430 billion student debt forgiveness program. Imposed through an executive order last year without congressional approval, the unilateral loan cancellation has been rejected by two lower courts and is now under review by the Supreme Court.

Sen. Ron Johnson (R-Wisc.) urged Republicans not to describe the House debt limit bill as containing "budget cuts."

"We spent way in excess of $6 trillion during the pandemic, 2022 — $6.3 trillion," he said. "Biden wants to spend $6.9 trillion. We understand how insane that is in terms of growth and spending. So what we're trying to do is limit the growth of spending and put us back on some reasonable glide path."-- excerpt, rest at link above --


Seems to be the goal....

I'd rename it to "Ukrainian Roulette".