President Biden and House Democrats should listen to what former Speaker Nancy Pelosi had to say about debt ceiling negotiations in 2019.
According to the Washington Post:
"Pelosi, the California Democrat, saidthe idea of raising the debt ceiling on its own and not in conjunction with a budget agreement was not 'acceptable to our caucus'and therefore did not stand a chance of passage in the House of Representatives."
Debt ceiling negotiations are nothing new. President Biden has a long history of engaging in and supporting negotiations over the debt limit as do other House Democrats.
BIDEN’S HISTORY OF SUPPORTING DEBT CEILING NEGOTIATIONS:
2009: Biden led debt limit negotiations with House Blue Dog Democrats.
2011: Biden led debt limit negotiations with House Republicans.
Biden acknowledged you “have to have compromise” and criticized those with a “my way or the highway” approach.
2012: Biden said securing a deal with Republicans was a “great honor.”
2021: Biden hoped for “intelligent and honest conversation” with Republicans on a debt limit increase.
RECENT HISTORY OF DEBT CEILING NEGOTIATIONS:
In 2017, President Trump and Democrats waived the debt limit for three months while providing disaster relief for Hurricane Harvey.
In 2018, “After months of closed-door negotiations, then-Senate Majority Leader Mitch McConnell and then-Minority Leader Chuck Schumer locked in a plan to raise spending caps, increase the debt limit and fund the government.”
In 2019, “After months of closed-door negotiations, then-Senate Majority Leader Mitch McConnell and then-Minority Leader Chuck Schumer locked in a plan to raise spending caps, increase the debt limit and fund the government.”
In 2019, "Pelosi, the California Democrat, said the idea of raising the debt ceiling on its own and not in conjunction with a budget agreement was not 'acceptable to our caucus' and therefore did not stand a chance of passage in the House of Representatives."
MAKE NO MISTAKE:House Republicans are committed to a reasonable, responsible, and sensible solution to our nation’s debt crisis that wouldlimit Washington’s irresponsible spending, save taxpayer dollars, and grow the American economy.
