Speaker of the House (Concessions Sausage)

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McCarthy was elected on the 15th vote. He had to make a number of concessions to the Republican holdouts to win their votes (or 'present' votes in some cases).

...A new package of proposed House rules for the 118th Congress was released just hours ahead of what many Republicans anticipated would be a final vote to elect Republican Leader Rep. Kevin McCarthy, Calif., as a new House speaker.

The posted package is the first time the public has had an opportunity to see many of the of the concessions that McCarthy has made to a far-right bloc of members who have denied him the votes needed to clinch the gavel for four day.

The 12-page package includes new rules that, if the package passes, would significantly cut the federal government budget next year, establish several new panels to investigate Republican priorities, raise the vote threshold needed to approve tax increases from a simple majority up to a super majority, and lower the threshold needed to force a no confidence vote in the speaker.
...

 
McCarthy is as dirty as any of them. We might as well have left the drunken Pelosi up there.

GOP establishment leader and Speaker of the House pretender, Kevin McCarthy used FTX cash to defeat conservatives in 2022, as the corrupt, globalist-tied crypto exchange funded the establishment wings of both parties. Now, McCarthy is feeling the heat, as conservative members of Congress, and the voters they’re accountable to, are demanding answers for the GOP’s failed “red wave,” which looked more like a pink trickle.​

Throughout the midterm campaign season, GOP establishment leader Kevin McCarthy (CA-23) used his Congressional Leadership Fund political machine to inject massive amounts of cash into House races nationwide. In doing so, he targeted GOP primary races and even general elections vs. Democrats, in which America First conservatives, aligned with President Trump, were on the ballot.

Millions of dollars worth of the campaign money came straight from corrupt crypto exchange FTX and its top executives.

Along for the ride on McCarthy’s scheme were GOP lobbyist Jeff Miller, described as one of McCarthy’s “closest friends,” and Brian Walsh, an establishment strategist who McCarthy brought in to take down Madison Cawthorne after the young Representative blew the whistle on DC drug use and Capitol Hill pervert parties.

As they often do, over a month ahead of the 2022 primaries, The Washington Post, notoriously used for decades as a uni-party communication rag, openly admitted that McCarthy was using left-wing oligarch money to “sway” the GOP field in favor of his establishment agenda.

Conveniently for McCarthy and the establishment, the piece wasn’t published until after the last of the GOP’s nominating primaries had ended.

McCarthy, The Post reported in their September piece, led a “secretive,” anti-MAGA campaign within the GOP, using the party’s oligarch-funded pocketbook to “systematically weed out GOP candidates who could either cause McCarthy trouble if he becomes House speaker or jeopardizes GOP [establishment] victories.”

“Most” of the money (millions of dollars), reported The Post, “came from Ryan Salame, an executive at cryptocurrency exchange FTX.”

FTX, The Post explained, is “a major donor to both McCarthy’s own operation and to other groups backing McCarthy’s favored candidates.”

Kevin McCarthy FTX WaPo
The Washington Post reported on McCarthy’s deep ties to the corrupt FTX crypto exchange, a key ally of the globalist elite wrecking America’s economy and setting the stage for a cashless society.
Armed with corrupt FTX crypto money, Kevin McCarthy spent the 2022 midterms picking winners and losers, with his long-term speakership fantasies at the top of his agenda.

America First candidates and others who couldn’t be controlled by the establishment or, more importantly, couldn’t be bribed into supporting McCarthy for speaker, were sold down the river.

The seats they were fighting for were surrendered to Democrats, and conservatives “in the know” spoke of a “power-sharing” agreement between McCarthy and Democrat leadership, which now appears to be materializing.


Full story at link: https://nationalfile.com/mccarthy-used-ftx-cash-to-defeat-conservatives-in-2022/

 
... Congressman Andrew Ogles (R-TN) ...

... shared with me a list of some of what has been roughly negotiated to date. ...
  • As has been reported, it will only take a single congressperson, acting in what is known as a Jeffersonian Motion, to move to remove the Speaker if he or she goes back on their word or policy agenda.
  • A “Church” style committee will be convened to look into the weaponization of the FBI and other government organizations (presumably the CIA, the subject of the original Church Committee) against the American people.
  • Term limits will be put up for a vote.
  • Bills presented to Congress will be single subject, not omnibus with all the attendant earmarks, and there will be a 72-hour minimum period to read them.
  • The Texas Border Plan will be put before Congress. From The Hill: “The four-pronged plan aims to ‘Complete Physical Border Infrastructure,’ ‘Fix Border Enforcement Policies,’ ‘Enforce our Laws in the Interior’ and ‘Target Cartels & Criminal Organizations.'”
  • COVID mandates will be ended as will all funding for them, including so-called “emergency funding.”
  • Budget bills would stop the endless increases in the debt ceiling and hold the Senate accountable for the same.
...

More:

 
Yes, he’s the biggest alligator in the swamp but if true and enforceable they got a lot of good concessions

no more Ghephartd rule to automatically increase the debt and only one vote threshold to vacate the speakership

i don’t have much faith this will constrain the swamp but it’s at least a freakin attempt
 
It's either WWE uniparty or a complete cluster. I pray every night to dear baby Jesus for the giant meteor.
 
The consessions look like good reforms on paper, but the Speaker sets the agenda. I expect a lot of foot dragging, and in the end, more of the same RINO treason.

Those who capitulated in exchange for these concessions were duped. Can't wait to hear them whine about it next election cycle.
 
...
Those who capitulated in exchange for these concessions ...

... really had no path to achieve any better outcome. If you think they made a mistake, what do you think they should have done and what do think your alternative would have ultimately achieved?
 
... really had no path to achieve any better outcome. If you think they made a mistake, what do you think they should have done and what do think your alternative would have ultimately achieved?
Should have stonewalled him ad finitum. Eventually a better candidate would find consensus.
 
For ease of conversation...

Here Are The Concessions McCarthy Had To Make For Speakership​

He shared with me a list of some of what has been roughly negotiated to date. The devil, as always, is in the details.
  1. As has been reported, it will only take a single congressperson, acting in what is known as a Jeffersonian Motion, to move to remove the Speaker if he or she goes back on their word or policy agenda.
  2. A “Church” style committee will be convened to look into the weaponization of the FBI and other government organizations (presumably the CIA, the subject of the original Church Committee) against the American people.
  3. Term limits will be put up for a vote.
  4. Bills presented to Congress will be single subject, not omnibus with all the attendant earmarks, and there will be a 72-hour minimum period to read them.
  5. The Texas Border Plan will be put before Congress. From The Hill: “The four-pronged plan aims to ‘Complete Physical Border Infrastructure,’ ‘Fix Border Enforcement Policies,’ ‘Enforce our Laws in the Interior’ and ‘Target Cartels & Criminal Organizations.'”
  6. COVID mandates will be ended as will all funding for them, including so-called “emergency funding.”
  7. Budget bills would stop the endless increases in the debt ceiling and hold the Senate accountable for the same.
* * *
In response to the outcome, Rep. Lauren Boebert (R-CO), one of the holdouts, said in a statement that the anti-McCarthy Reps. "changed the way the government will be funded," and "changed the way committees will be formed."

"We secured votes on term limits, the fair tax, the Texas Border Plan, and so much more."

Bobert goes on to slam President Biden for calling the speakership process 'embarrassing for Republicans.

"How sad is it that us governing as the founders intended looks embarrassing to Democrats?" Bobert asked, adding "I'll tell you what's embarrassing. 40-year high inflation is embarrassing. 5 million illegals crossing our southern border is embarrassing/ Surrendering to ISIS and fleeing Afghanistan is embarrassing. Having a president that cant' finish his sentences is embarrassing."

============

I don't have a problem with any of these 'agreements'.... getting back to the original intent of the founders will keep the manipulators from raiding the cookie jar.
 
Should have stonewalled him ad finitum. Eventually a better candidate would find consensus.

I'm not so sure about that. There were, from what I saw, 4-5 "never McCarthy" Reps who weren't going to vote for him no matter what. There were 15-16 Reps that wanted concessions. McCarthy caved and gave the concession holdouts all or just about all (I haven't seen/heard any reports on concessions that weren't agreed to) that they wanted. There were some 50-60 "only McCarthy" Reps that were stalwart in support of McCarthy and weren't going to agree to any other (R) candidate. The only way a different consensus candidate could have been chosen is if a group of Democrats supported him/her. I think we were a very long ways away from that happening.
 
McCarthy caved and gave the concession holdouts all or just about all (I haven't seen/heard any reports on concessions that weren't agreed to) that they wanted.
It's called 'negotiation'. He had to agree to gain consensus otherwise he wouldn't have the cherished Pelosi hammer.

He's got a huge ego! McCarthy is looking to pad his historical legacy (and his bank account if Pelosi's bank account is any indication?).

He also gets to fly in his own jet!

Now that he has the nod we can enjoy the next 2 years of new direction in government.
 
Imho, that should have been written into the Constitution to begin with. If a proposed new law can't stand on its own, it's not worthy of becoming a law.
We inherited that bit from jolly 'ol England.
 
not much will change............bunch of bickering and screaming........omnibus was prepassed in anticipation of this.......maybe we will get some high profile investigations to make headlines and maybe a impeachment or two..... IE the same chit the dims did on trump .....it only takes 6 of them to vote with the dims to get something ugly passed like more spending just like the retiring rinos in the senate did
 
What 15 votes gets you....

What Are “The Rules” Now? – January 7, 2023​

——————————————————————-
img_7509.jpg

THE RULES FOR THE 118TH CONGRESSHighlights of what was reportedly negotiated for Speaker of the House votes [ PDF ]
CHANGES TO STANDING RULES:
— A single congressperson can act to remove Speaker if he goes back on his word or policy agenda
— No more omnibus bills dropped in the dead of night before a vote. Bills must be single issue and allow at least 72 hours to read them
— Covid mandates will be ended including funding for them
— No more increases in debt ceiling
— Restoration of requirement for a three-fifths supermajority vote on tax increases
—Reinstatement of the “Holman Rule” which allows for the reduction of salary, or firing, of specific federal employees, or cut a specific program
— Authorization of funds to cover expenses for ‘Resolving Contested Elections’
BILLS TO BE UP FOR A VOTE:
— Development of a plan to increase oil & gas production in the U.S.
— Rescind funding for the 87k new IRS agents
— Authorization of the Secretary of Homeland Security to suspend the entry of aliens
— Prohibition of draining the Strategic Petroleum Reserve and selling it to China and others
— Term limits
— Requirement of the national instant criminal background check system to notify U.S. Immigration & Customs Enforcement and relevant State and local law enforcement whenever a person illegally in the U.S. attempts to receive a firearm
— Prohibition of taxpayer-funded abortions
— Prohibition of health care workers from failing to provide proper care in the case of a child who survives an abortion or attempted abortion
FORMATION OF NEW COMMITTEES:
— Establishes a Select Committee on the Strategic Competition Between the U.S. and the Chinese Communist Party
— Establishes a Select Subcommittee to investigate the Weaponization of the Federal Government
— Establishes a Select Subcommittee to investigate the Covid Pandemic
Not a bad start…


 

Kevin McCarthy Credits Trump for His House Speaker Win​

By Frank Fang
January 8, 2023

Speaker of the House Kevin McCarthy (R-Calif.) thanked former President Donald Trump for helping him secure the speakership.

“I do want to especially thank President [Donald] Trump. I don’t think anybody should doubt his influence. He was with me from the beginning,” McCarthy told reporters early morning on Jan. 7, after winning the 15th vote to become the new speaker of the House.

“He was all in. He would call me and he would call others. And he really was—I was just talking to him tonight—helping get those final votes,” McCarthy added. “What he’s really saying—really for the party and the country—that we have to come together.

“We have to focus on the economy. We’ve got to focus, make our border secure. We got to do so much work to do, and he was a great influence to make that all happen. So thank you, President Trump.”

McCarthy was finally elected speaker after 15 votes beginning on Jan. 3, after the California lawmaker had made several concessions to win over a group of populist conservatives in order to secure the votes. One of the key concessions was allowing just one House member to call for a motion to vacate the speaker’s chair—giving McCarthy a fragile grip on power.

more
 
The real test will come when the debt ceiling comes up again in the fall
 
When was the last time congress even bothered to come up with a budget?
 
All those things brought up for a vote... IF they pass the house the Senate gets them, then Biden vetoes. Theater. No way both chambers override a Biden veto.

Theater. Just so they can put something on their resume for their next campaign. Once again. America loses.
 

Ilhan Omar Complains ‘Far Right Insurrectionists’ Won Over McCarthy During Speaker Battle​

Photo of Carmine Sabia
Carmine SabiaJanuary 8, 2023

Democrat Minnesota Rep. Ilhan Omar had a tantrum after the election of House Speaker Kevin McCarthy.

After the Speaker made some concessions to a group of 20 Republicans in order to get their voters, or have them vote “present,” Omar started ringing the doomsday bell on Twitter.

“McCarthy just agreed to a deal with far right insurrectionists that would hold the entire US and global economy hostage to extreme cuts to everything from housing to education, healthcare, Social Security and Medicare. Hard to overstate how dangerous this is,” she said.



 
i think they covered it in the lame duck bill they just passed........i think the next hit is in sept or oct

Nope. They wanted to, but weren't able to make it happen. They were too concerned with getting their $1.7T f'ing over of the People.

US is projected to reach debt limit next week​



Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to "extraordinary measures" to avoid default.
 
Debt ceiling should not he increased. Shut it down. It is the fastest way back toward the limited government our Founders intended.
 
Debt ceiling should not he increased. Shut it down. ...

From 2013:
...
What are the consequences of a US default?

No one really knows exactly what would happen, but the likelihood is that markets around the world would plunge and global interest rates would rise.

This is because if the US government could not repay the money it owed bondholders, the value of the bonds would decrease. And the yield - the return the government pays to an investor - would rise. This is because it would be perceived as a less safe investment.

This would prompt interest rates around the world, which are often tied to those of US Treasuries, to spike.

Furthermore, the impact on the US's creditors could be dire. Japan, for instance, owns about $1.14 trillion of US debt - which is equivalent to 20% of its annual economic output.

In the US, Goldman Sachs estimates that $175bn would immediately be withdrawn from the US economy and it could lead to a very deep recession.
...


Emphasis mine:
...
The very idea of a U.S. default remains so incongruous that the reaction in financial markets isn’t the only unknown. The current showdown in Washington also has raised big questions about the financial-systems infrastructure. It’s a bit like Y2K — no one knows how the computers will respond.

“We do not believe and the market does not believe it’s a likely scenario,” said Rob Toomey, SIFMA managing director, capital markets and associate general counsel. “But it would be a real problem scenario for the system generally and operations and settlement specifically.”
...
Many analysts, including Moody’s Analytics Chief Economist Mark Zandi, think it’s highly likely that a financial market freak-out — think of the day in 2008 when Congress initially failed to pass the Troubled Asset Relief Program legislation meant to address the financial crisis — would stop any of the scenarios SIFMA envisions before they happen, or a few minutes after midnight on the day they will.

What Koltun calls a “game of chicken” also may already be denting the economy. The last two times Congress came close to not raising the debt limit, in 2011 and 2013, Moody’s Analytics found, “heightened uncertainty at the time reduced business investment and hiring and weighed heavily on GDP growth. If not for this uncertainty, by mid-2015, real GDP would have been $180 billion, or more than 1%, higher; there would have been 1.2 million more jobs; and the unemployment rate would have been 0.7 percentage point lower.”

Uncertainty rippling through the Treasury market in 2013 cost taxpayers anywhere from $40 million to $70 million, Barclay’s reckons.
...


It wouldn't just be cutting off one's nose to spite the face, it would be full decapitation.
 
The percentage of US tax receipts spent on interest payments on our existing debt is about 25%. The debt ceiling is about taking on more debt. Not taking on debt is different from defaulting on existing debt obligations. We should force them to STOP deficit spending immediately.
 
Bring overseas military home, lay-off woke nonessential remaining military (keep war fighter and strategists

no more foreign aide

slash all Medicaid, Medicare, social security paid to illegals

audit spike in disabilities payments and claw back

every fed agency had to release 10% of its department per year for 5 years

etc.

not hard work really
 
debt ceiling = this coming Thursday
i think they covered it in the lame duck bill they just passed........i think the next hit is in sept or oct

FWIW you can read a copy of the letter Yellen sent to McCarthy here:


_______________________________________________________

For anyone interested here's a few things I came across about gov debt recently. Take it fwiw and dyodd.



 
... The debt ceiling is about taking on more debt. ...
When Congress passes spending bills, the Treasury dept doesn't immediately sell all the T-bills necessary to raise funds for the estimated budget. Congress makes obligations and the Treasury Dept manages cash flow. We are already overextended. The debt ceiling impacts our ability to pay existing obligations, not just future legislation.
 
The debt ceiling is about taking on more debt. Not taking on debt is different from defaulting on existing debt obligations.
Issuing new debt is how they get the bulk of the $$$ to pay off the old debt. It's all just rolled over.

Have to raise the ceiling in order to keep paying.
 
Issuing new debt is how they get the bulk of the $$$ to pay off the old debt. It's all just rolled over.

Have to raise the ceiling in order to keep paying.
Reconcile what you just said with the fact that less than 25% of tax receipts are used to service debt.
 
Reconcile what you just said with the fact that less than 25% of tax receipts are used to service debt.
Servicing debt is not the same as paying the principle of the debt.

Also, the national debt numbers publicized do not include the interest owed, but rather just the face value of the bonds.
 
The very fact they are telling us that not increasing the debt limit will lead to default, is proof that the gov is paying it's debts with borrowed money. If it weren't, not being able to borrow more would not affect its ability to pay off existing debt.
 
Last edited:
Dear Mr. Speaker:

I write to keep you apprised of actions the Treasury Department is taking in regard to the debt limit. In my letter of January 13, 2023, I noted that Public Law 117-73 increased the statutory debt limit to a level of $31.381 trillion, and informed you that beginning on January 19, the outstanding debt of the United States was projected to reach the statutory limit. This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures Treasury began using today.

First, I have determined that, by reason of the statutory debt limit, I will be unable to fully invest the portion of the Civil Service Retirement and Disability Fund (CSRDF) not immediately required to pay beneficiaries, and that a “debt issuance suspension period” will begin on Thursday, January 19, 2023, and last through Monday, June 5, 2023. My predecessors have declared debt issuance suspension periods under similar circumstances. With these determinations, the Treasury Department will suspend additional investments of amounts credited to, and redeem a portion of the investments held by, the CSRDF, as expressly authorized by law.

In addition, because the Postal Accountability and Enhancement Act of 2006 provides that investments in the Postal Service Retiree Health Benefits Fund (PSRHBF) shall be made in the same manner as investments for the CSRDF, Treasury will suspend additional investments of amounts credited to the PSRHBF. By law, the CSRDF and the PSRHBF will be made whole once the debt limit is increased or suspended. Federal retirees and employees will be unaffected by these actions.

As I stated in my January 13 letter, the period of time that extraordinary measures may last is subject to considerable uncertainty, including the challenges of forecasting the payments and receipts of the U.S. Government months into the future. I respectfully urge Congress to act promptly to protect the full faith and credit of the United States.

Sincerely,
Janet L. Yellen

 
Trump's telling the loonies not to touch 1 penny of ss, medicare or medicade. Maybe he learned a lesson with Roe?
 
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