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Manchin: Not Negotiating Over Debt Ceiling a ‘Mistake’

  • #Politics
  • #Venezuela
  • #Coal
  • #Finance
  • #Cuba
  • #Money
  • #Ukraine
story
JAN 2023
Image copyright: Kevin Dietsch/Getty Images
story last updated JAN 2023

The Spin

Republican narrative

The US cannot just spend into oblivion and recklessly raise its credit limit. The country wastes exorbitant amounts of money in ways most Americans couldn't imagine, and the GOP was elected to its majority on a mandate to bring fiscal responsibility back to Washington. The party of the people needs to take advantage of the leverage it has.

Townhall

Democratic narrative

Republicans are using the US economy as a pawn in an extortion scheme to get whatever they want. The US is risking its international reputation because the GOP don't care if they crash the economy. If they want to cut public spending, they can do so through legislation, not by forcing the US to default on its debt.

MSNBC

Metaculus Prediction


Political split

LEFT

RIGHT

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