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Republicans Proved They Aren’t Holding Anyone ‘Hostage’ On Raising The Debt Limit


BY: CHRISTOPHER JACOBS | MAY 01, 2023

Read more at https://thefederalist.com/2023/05/01/republicans-proved-they-arent-holding-anyone-hostage-on-raising-the-debt-limit/

Speaker McCarthy speaking behind podium on House floor
After last Wednesday’s vote, Democrats can’t claim conservatives amount to legislative nihilists who can’t get to ‘yes’ on an issue.

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Conventional wisdom holds that last week’s vote by the Republican-controlled House of Representatives to approve a debt limit and spending reduction bill is meaningless. Democrats called the legislation dead on arrival in the Senate, making whatever the House decides to do on its own irrelevant.

As with many things in Washington, the corporate media’s conventional wisdom is wrong.

Approving a debt limit bill did more than dispel the narrative that the Republican House, and Speaker Kevin McCarthy, R-Calif., will remain perpetually in disarray. By eliminating one of the major elements of Democrats’ political argument, it raised questions about their own strategic endgame.

House vs. Senate

Under the traditional, “Schoolhouse Rock” version of lawmaking, the House would pass its version of a bill, the Senate would pass its version, and the two would convene a House-Senate conference committee to reconcile the differences between the measures. That outcome seems unlikely regarding this debt limit increase.

Virtually all Democrats support a so-called “clean” debt limit increase. That is, they want to extend the limit on the nation’s credit card without any accompanying spending reforms. (They claim they will discuss spending levels in separate legislation, just not as part of the debt limit.)

But most legislation requires 60 votes to overcome a filibuster and advance in the Senate, and Democrats only hold 51 Senate seats. As a result, Majority Leader Chuck Schumer, D-N.Y., must persuade nine Republicans — 10 if Sen. Dianne Feinstein, D-Calif., who continues to recover from a case of shingles in California, remains absent from the Senate — to approve a clean debt limit increase for the measure to clear the chamber. That scenario appears unlikely, as Minority Leader Mitch McConnell, R-Ky., would lean on his troops not to approve a Schumer-led measure.

Indeed, Schumer may not bring a debt limit bill to the Senate floor at all, rather than wasting precious days of the Senate schedule on a measure he believes will fail. But this strategy would allow members in the lower chamber to ask an obvious question: The House did its work, and approved a debt limit bill — why won’t the Senate do the same?

Republicans Get to ‘Yes’

But amid the larger debate about the debt limit and fiscal policy, a key point about last week’s events has somehow gotten lost. Democrats continue to decry supposed Republican “hostage taking,” alleging that conservative lawmakers are threatening to ruin the country’s full faith and credit unless Democrats acquiesce to their demands.

Ignore for a moment the not-insignificant question of whether the Treasury Department can prioritize government payments in the event Congress doesn’t increase the debt limit, so as to prevent a default on government bonds and protect the country’s credit rating. The Democratic argument in large part rests on the premise that Republican lawmakers would never vote to raise the debt limit.

All the talk about “hostage taking” — which the left has utilized ever since the Republican takeover of the House in 2010-11 turned the debt limit into a bigger political issue — might have merit if lawmakers under no circumstances would vote to increase the debt limit. If there is no possible way someone will vote for a debt limit increase, if a lawmaker’s vote isn’t “gettable,” to use the Beltway parlance, then yes, one might credibly accuse conservatives of wanting to sabotage the country’s credit rating, just to make a point.

That’s where last week’s vote proved revealing, and decisive. Numerous conservative members of Congress, who in the past had never supported legislation that raised the debt limit, voted last week for a bill to do just that. People like my friend and former think-tank colleague Rep. Chip Roy, R-Texas, probably didn’t like the idea of raising the debt limit, but they did it.

After last Wednesday’s vote, Democrats can’t claim conservatives amount to legislative nihilists who can’t get to “yes” on an issue. Instead, they don’t like the fact that Republicans said “yes” to raising the debt limit and “yes” to reforming federal spending. They can no longer attack Republicans for not approving the debt limit, so now they will try to attack Republicans for the way in which they did so.

That position amounts to an attempt to dictate both sides of the debate. It’s the legislative equivalent of a tennis player whining, “You didn’t hit the ball to me the right way.” It holds a particular irony given quotes like the following: “I cannot agree to vote for a full increase in the debt without any assurance that steps will be taken early next year to reduce the alarming increase in the deficits and the debt.”

That quote comes from none other than Joe Biden himself, circa 1984. Given the way in which he and many other Democrats previously supported the notion of linking a debt limit increase to spending reforms, this egregious flip-flop undermines the integrity of their position still further.

Now that Republicans in the House have agreed to a debt limit bill, Democrats should agree to get in a room, figure out each side’s position, and arrive at an agreement that will hopefully increase the debt limit while addressing the nation’s calamitous fiscal state. It’s called “legislating” — Congress actually doing its job.


Chris Jacobs is founder and CEO of Juniper Research Group, and author of the book “The Case Against Single Payer.” He is on Twitter: @chrisjacobsHC.

Yellen Predicts ‘Rapid Inflation’ After Downplaying Risk For Months


Reported by THOMAS CATENACCI, REPORTER | July 16, 2021

Read more at https://dailycaller.com/2021/07/16/janet-yellen-treasury-department-federal-reserve/

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John Thys/AFP via Getty Images

Treasury Secretary Janet Yellen acknowledged “rapid inflation” will persist for several more months after she repeatedly downplayed the risk of consumer price increases. Americans can expect consumer prices to continue their rapid rise until returning to normal in the “medium term,” Yellen said Thursday in an interview with CNBC. But Yellen, along with top Federal Reserve officials, predicted inflation wouldn’t be a concern.

“We will have several more months of rapid inflation,” Yellen told CNBC. “So I’m not saying that this is a one-month phenomenon.”

“But I think over the medium term, we’ll see inflation decline back toward normal levels,” she said. “But, of course, we have to keep a careful eye on it.” 

Yet in February, Yellen downplayed the risks of inflation, saying the Treasury Department had the tools to deal with the risk “if it materializes.” She also pushed back on former Treasury Secretary Larry Summers’ warning that President Joe Biden’s $1.9 trillion coronavirus relief package would trigger massive, once-in-a-generation inflation.

Yellen added that the Biden administration was more worried about jobs than rising prices.

President Joe Biden speaks as Treasury Secretary Janet Yellen listens during a White House meeting on April 9. (Amr Alfiky/Pool/Getty Images)

President Joe Biden speaks as Treasury Secretary Janet Yellen listens during a White House meeting on April 9. (Amr Alfiky/Pool/Getty Images)

One month later, the Treasury secretary downplayed inflation again when asked if the $1,400 stimulus checks included in the relief package could boost prices, according to the Associated Press. She again pushed the legislation, saying it was key for a full economic recovery.

“I really don’t think that is going to happen,” she said in the March 8 interview, the AP reported. “We had a 3.5% unemployment rate before the pandemic and there was no sign of inflation increasing.”

Then, one week later, Yellen doubled down, arguing again that there wouldn’t be significant inflation.

“Is there a risk of inflation? I think there’s a small risk and I think it’s manageable,” Yellen told ABC News.

“I don’t think it’s a significant risk,” she continued. “And if it materializes, we’ll certainly monitor for it but we have tools to address it.”

However, consumer prices have surged faster than they have in decades, according to government data. Economists also expect inflation to rise higher and for longer than previously expected.

In addition, several major U.S. corporations have recently announced price increases while the highest number of small businesses have reported price hikes since 1981.

These Leftist can’t even lie convincingly anymore, and it obviously doesn’t bother them. When they lie it’s their native language.

White House unveils hostage policy review, takes heat for opening door to terror ransoms


waving flagPublished by FoxNews.com June 24, 2015

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Watch the latest video at <a href=”http://video.foxnews.com”>video.foxnews.com</a>

The Obama administration was accused Wednesday of giving terrorists an incentive to kidnap as it unveiled a hostage policy overhaul allowing families of U.S. hostages to pay ransom — and allowing the U.S. government to help families communicate with captors. “This doesn’t fix anything,” Rep. Duncan Hunter, R-Calif., a leading critic of the administration’s hostage policy, told Fox News. “The money that we’re going to be paying ISIS is going to be used to buy arms and to buy equipment to fight Americans and to fight the Iraqis.” 

But the White House said the changes are being unveiled with the families and victims in mind. “We’re not going to abandon you. We’re going to stand by you,” Obama said of hostages’ families, speaking at the White House on Wednesday. The policy review was formally released shortly before noon, and includes a host of changes beyond the clarifications on ransom discussions — notably, the creation of a new bureaucratic structure for handling hostage cases.  The White House plans to establish a Hostage Recovery Fusion Cell responsible for coordinating the recovery of hostages; a Hostage Response Group responsible for coordinating hostage policies; and the position of “special presidential envoy for hostage affairs.” Obama said this is being done to sync up various efforts, citing past coordination problems. Picture3 crazy talk

This framework is also being met with mixed reviews, but much of the attention is on the newly clarified policies for communicating with terrorists. The White House sought the policy review last fall after the deaths of Americans held hostage by Islamic State militants. The families of some of those killed complained about their dealings with the administration, saying they were threatened with criminal prosecution if they pursued paying ransom in exchange for their loved ones’ release. 

In response, the administration made clear Wednesday that officials will no longer threaten hostages’ families with prosecution for dealing with and paying ransoms to terrorist captors.  The Justice Department said in a written statement: “The department does not intend to add to families’ pain in such cases by suggesting that they could face criminal prosecution.” There is not expected to be any formal change to the law. However, the administration made clear that the Justice Department has never prosecuted anyone for paying ransom and that will continue to be the case. The White House said in a statement that the government still takes a “no concessions” approach, and it continues to be U.S. policy to “deny hostage-takers the benefits of ransom.” But the same statement says this policy does not “preclude engaging in communications with hostage-takers.” muslim-obama

The White House made clear the U.S. government may, then, help facilitate communications with terrorists on behalf of the families. The directive said the U.S. “may assist private efforts” to communicate with hostage-takers, and may even “itself communicate with hostage-takers” to try to rescue hostages. White House counterterrorism adviser Lisa Monaco said the U.S. government, though, would not specifically facilitate ransom payments. 

The announcements still amount to a shift in the U.S. approach to hostages. It was considered a major break from past practice last year when the Obama administration traded five Taliban leaders for Sgt. Bowe Bergdahl. The latest policy changes could open the door to more deals, even if they are only struck with families of hostages. 

Critics worry they could also encourage more kidnappings, while effectively aiding the enemy. AMEN

“The concern that I have is that by lifting that long-held principle [of not paying ransoms], you could be endangering more Americans here and overseas,” House Speaker John Boehner said. “You’re going to have to have the government now facilitating payments from the families here to the terrorists there while at the same time we have troops on the ground … fighting the same people that we’re paying money to,” Hunter said Wednesday. “You’re worth more captured now than you would be otherwise.” Former House intelligence committee chairman Mike Rogers also voiced concern on a local talk radio station Tuesday evening that this would encourage more hostage-taking and ransom demands. 

Obama, though, stressed Wednesday that the U.S. government itself would not be paying ransoms. 

Four Americans have been killed by the Islamic State since last summer: journalists James Foley and Steven Sotloff and aid workers Peter Kassig and Kayla Mueller. After the release of gruesome videos showing the beheadings of some hostages, Obama approved an airstrike campaign against the Islamic State in both Iraq and Syria. 

The families’ anguish has been deepened by the fact that European governments routinely pay ransom for hostages and win their release. The U.S. says its prohibitions against the government and private individuals making any concessions to terrorist demands are aimed both at preventing more kidnappings and blocking more income for terror groups. However, the Obama administration did negotiate with the Taliban last year to win the release of Bergdahl. White House officials say those negotiations were permissible because Obama sees a special responsibility to leave no American service member behind on the battlefield. Bull

Elaine Weinstein, whose husband Warren Weinstein was accidentally killed by a U.S. drone strike in April while being held hostage by Al Qaeda, argued Tuesday against the government making such distinctions between U.S. citizens. “The people who take American citizens working abroad as hostages do not discriminate based on their job or employer, and neither should our government,” Weinstein said in a statement. 

The White House invited the families of 82 Americans held hostage since 2001 to participate in the review, and 24 agreed to do so. The National Counterterrorism Center, which oversaw the review, also consulted with hostage experts from the U.S. and other countries. As part of the review’s findings, the White House announced the creation of a hostage recovery “fusion cell” that will coordinate the multiple government agencies involved in such issues. The new office aims to address family frustrations about getting contradictory information from different agencies by creating a single point of contact. 

The administration is not acquiescing to the requests of some families to house the fusion cell in the White House’s National Security Council. Instead, the office will be at the FBI, and the director will be affiliated with the FBI. The cell will include representatives from the State Department, Treasury Department, CIA and other key agencies.  

Obama also announced the creation of a State Department special envoy post that will head the administration’s dealings with foreign governments on hostage matters. 

Fox News’ James Rosen and Doug McKelway and The Associated Press contributed to this report.

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