search
Sections List
American Journal News

Graham swears he's not trying to be 'complete a**hole' by refusing to hike debt limit

Sen. Lindsey Graham only wants to hurt Democrats in the midterms.

By Emily Singer - October 06, 2021
Share
Lindsey Graham

Sen. Lindsey Graham (R-SC) admitted to Politico this week that he and his Republican colleagues are bringing the United States to the precipice of financial default for political gain.

Graham, the ranking member of the Senate Budget Committee, acknowledged that the Senate minority is using the debt ceiling to force Democrats to take “tough” votes that can be used against them in 2022 midterm campaigns.

“I mean, I’m not going to be a complete asshole about it. But I’m going to make them take some tough votes,” Graham said.

Treasury Secretary Janet Yellen has said that the United States will run out of cash to pay its bills on Oct. 18, less than two weeks away. She’s warned of the devastating impacts not raising the borrowing limit can have on individual Americans, interrupting Social Security payments to older people and paychecks for members of the U.S. armed forces until the limit is increased.

Senate Republicans have been filibustering Democrats’ attempts to raise the debt ceiling so that the country can pay the bills it’s already incurred, including $7.8 trillion in debt added under former President Donald Trump.

Senate Democrats plan to hold another vote on a stand-alone debt ceiling increase on Wednesday, which Republicans will delay again by means of a filibuster, a procedural move by which they refuse to provide the 60 votes needed to end debate on an issue and move it to a vote. Ten Republicans would need to vote with Democrats to get the debt ceiling increase to an up-or-down vote — and so far every single GOP lawmaker has said they will not vote to end debate.

Graham admits he wants to force Democrats to use the complicated budget reconciliation process to raise the debt ceiling, requiring limitations on debate and eliminating the need for 60 votes to pass, but allowing the GOP to force amendment votes that they feel they could then use in campaigning against Democrats in the 2022 midterm elections.

Graham told Politico he wants Democrats to have to “pick a number” for a new debt ceiling.

Graham has played politics with the nation’s debt before.

In 2019, Graham tried to use the debt ceiling to force Congress to shell out $5.7 billion for Donald Trump’s wall at the U.S.-Mexico border. That gambit failed, and Congress raised the debt ceiling on a bipartisan basis without the wall funding.

In 2013, Graham tried to use a debt ceiling increase to force Congress to cut spending elsewhere. “If you raise the debt ceiling by a dollar, you should cut spending by a dollar,” Graham said at the time. “That is the way to go forward. So a dollar for dollar offset and a budget I think are two conditions to raising the debt ceiling.”

President Joe Biden has been clear that it’s Republicans who are blocking a debt ceiling increase with their filibuster and other procedural demands.

“Democrats will meet our responsibility and obligation to this country. We’re not expecting Republicans to do their part. They’ve made that clear from the beginning,” Biden said Monday in a speech at the White House. “We’ve tried asking to no avail. We’re just asking them not to use procedural tricks to block us from doing the job that they won’t do.”

With less than two weeks until default, Biden has raised the possibility eliminating the filibuster for debt ceiling increases.

“Oh, I think that’s a real possibility,” Biden said Tuesday.

But doing so would require Democratic Sens. Joe Manchin (WV) and Kyrsten Sinema (AZ) to be onboard. They have opposed eliminating the filibuster in the past.

Defaulting on the national debt would be catastrophic. Moody’s Analytics reported last month that a default could cost 6 million jobs, as well as $15 trillion in household wealth.

“This economic scenario is cataclysmic,” Moody’s reported. “The downturn would be comparable to that suffered during the financial crisis” in 2008.

Published with permission of The American Independent Foundation.


Read More
Biden calls for expanded child tax credit, taxes on wealthy in $7.2 trillion budget plan

Biden calls for expanded child tax credit, taxes on wealthy in $7.2 trillion budget plan

By Jennifer Shutt, States Newsroom - March 11, 2024
December jobs report: Wages up, hiring steady as job market ends year strong

December jobs report: Wages up, hiring steady as job market ends year strong

By Casey Quinlan - January 05, 2024
Biden’s infrastructure law is boosting Nevada’s economy. Sam Brown opposed it.

Biden’s infrastructure law is boosting Nevada’s economy. Sam Brown opposed it.

By Jesse Valentine - November 15, 2023
Biden infrastructure law helps Pennsylvania’s small manufacturers

Biden infrastructure law helps Pennsylvania’s small manufacturers

By Oliver Willis - October 20, 2023
GOP senators try to stop EPA rule projected to save consumers millions of dollars

GOP senators try to stop EPA rule projected to save consumers millions of dollars

By Oliver Willis - October 20, 2023
Democratic bill would increase housing access for formerly incarcerated Michigan residents

Democratic bill would increase housing access for formerly incarcerated Michigan residents

By Alyssa Burr - October 18, 2023
AJ News
Latest
Ted Cruz leverages Trump conviction on podcast for own personal gain

Ted Cruz leverages Trump conviction on podcast for own personal gain

By Jesse Valentine - June 11, 2024
Arizona Republican Kari Lake proposes massive cuts to Medicaid and Medicare

Arizona Republican Kari Lake proposes massive cuts to Medicaid and Medicare

By Jesse Valentine - June 10, 2024
Virginia U.S. Senate candidate Hung Cao says workplace diversity is ‘Marxism’

Virginia U.S. Senate candidate Hung Cao says workplace diversity is ‘Marxism’

By Jesse Valentine - June 06, 2024
Republican Bernie Moreno’s rags-to-riches story exposed as a lie

Republican Bernie Moreno’s rags-to-riches story exposed as a lie

By Jesse Valentine - May 24, 2024
What happens to clinics after a state bans abortion? They fight to survive.

What happens to clinics after a state bans abortion? They fight to survive.

By Chabeli Carrazana and Shefali Luthra - May 22, 2024
Former Sen. Kelly Ayotte took job at Caterpillar after tax fraud probe

Former Sen. Kelly Ayotte took job at Caterpillar after tax fraud probe

By Jesse Valentine - May 21, 2024
Alabama OB-GYN residencies dropped over 20% after Dobbs, state abortion ban, says analysis

Alabama OB-GYN residencies dropped over 20% after Dobbs, state abortion ban, says analysis

By Alander Rocha, Alabama Reflector - May 21, 2024
House GOP celebrates National Police Week while pushing to defund local law enforcement

House GOP celebrates National Police Week while pushing to defund local law enforcement

By Jesse Valentine - May 16, 2024
Evolution denier Mark Robinson could reshape North Carolina’s education system

Evolution denier Mark Robinson could reshape North Carolina’s education system

By Jesse Valentine - May 16, 2024
Republican Jay Ashcroft backs anti-abortion clinics that push lies and disinformation

Republican Jay Ashcroft backs anti-abortion clinics that push lies and disinformation

By Jesse Valentine - May 14, 2024
Republican Sam Brown’s assault on teacher unions could backfire

Republican Sam Brown’s assault on teacher unions could backfire

By Jesse Valentine - May 09, 2024
Florida abortion ban puts GOP Rep. Anna Paulina Luna’s anti-choice views in spotlight

Florida abortion ban puts GOP Rep. Anna Paulina Luna’s anti-choice views in spotlight

By Jesse Valentine - May 07, 2024
Trump leaves door open to banning medication abortion nationwide

Trump leaves door open to banning medication abortion nationwide

By Jennifer Shutt, States Newsroom - April 30, 2024
Republican Caroleene Dobson wants Alabama abortion ban to go nationwide

Republican Caroleene Dobson wants Alabama abortion ban to go nationwide

By Jesse Valentine - April 30, 2024
Ohio Gov. DeWine said he didn’t know of millions in FirstEnergy support. Is it plausible?

Ohio Gov. DeWine said he didn’t know of millions in FirstEnergy support. Is it plausible?

By Marty Schladen, Ohio Capital Journal - April 29, 2024
GOP Rep. Zach Nunn suggests laws against hate crime aren’t needed

GOP Rep. Zach Nunn suggests laws against hate crime aren’t needed

By Jesse Valentine - April 15, 2024
GOP Senate candidate Hung Cao blames racial equity for Baltimore bridge tragedy

GOP Senate candidate Hung Cao blames racial equity for Baltimore bridge tragedy

By Jesse Valentine - March 29, 2024
GOP Rep. Jennifer Kiggans donates thousands to far-right extremists

GOP Rep. Jennifer Kiggans donates thousands to far-right extremists

By Jesse Valentine - March 08, 2024
Ohio senate candidate Bernie Moreno: “Absolute pro-life no exceptions.”

Ohio senate candidate Bernie Moreno: “Absolute pro-life no exceptions.”

By Jesse Valentine - March 07, 2024
Anti-China Republicans pocket thousands from Chinese owned conglomerate

Anti-China Republicans pocket thousands from Chinese owned conglomerate

By Jesse Valentine - March 04, 2024
Republican Eric Hovde makes inconsistent statements about family history

Republican Eric Hovde makes inconsistent statements about family history

By Jesse Valentine - February 26, 2024
Republican David McCormick invests millions in website that platforms Holocaust denial

Republican David McCormick invests millions in website that platforms Holocaust denial

By Jesse Valentine - February 09, 2024
Lawmakers will again take up bills expanding, tightening gun laws

Lawmakers will again take up bills expanding, tightening gun laws

By Annmarie Timmins, New Hampshire Bulletin - January 31, 2024
UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

By Ashley Murray, States Newsroom - January 24, 2024
Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

By Jesse Valentine - January 17, 2024
A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

By Bonnie Fuller - January 10, 2024
Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

By Danielle J. Brown, Maryland Matters - January 08, 2024
How GOP senate hopefuls try to excuse the  January 6 insurrection

How GOP senate hopefuls try to excuse the  January 6 insurrection

By Jesse Valentine - January 05, 2024
NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

By Ethan DeWitt, New Hampshire Bulletin - January 04, 2024
Republican US Senate candidates want to make Trump’s tax cuts permanent 

Republican US Senate candidates want to make Trump’s tax cuts permanent 

By Jesse Valentine - December 22, 2023
Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

By - December 15, 2023
Texas governor and attorney general do little to curb state’s chemical plant crisis

Texas governor and attorney general do little to curb state’s chemical plant crisis

By Jesse Valentine - December 08, 2023
Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

By Jesse Valentine - December 07, 2023
Whitmer signs specific criminal penalties for assaulting health care workers into law

Whitmer signs specific criminal penalties for assaulting health care workers into law

By Anna Liz Nichols, Michigan Advance - December 06, 2023
105 Republicans voted to expel Santos for things Trump has also done

105 Republicans voted to expel Santos for things Trump has also done

By Jesse Valentine - December 05, 2023
For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

By Jesse Valentine - December 04, 2023
Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

By Jesse Valentine - November 30, 2023
Tate Reeves took donations from power company that hiked customer rates

Tate Reeves took donations from power company that hiked customer rates

By Jesse Valentine - November 06, 2023
Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

By Jesse Valentine - November 03, 2023
Republican operatives sound every alarm on current trajectory of 2023 governor’s race

Republican operatives sound every alarm on current trajectory of 2023 governor’s race

By Adam Ganucheau, Mississippi Today - October 24, 2023
U.S. Supreme Court overturns ban on bump stocks used in Las Vegas mass shooting

U.S. Supreme Court overturns ban on bump stocks used in Las Vegas mass shooting

By Ariana Figueroa, Pennsylvania Capital Star - June 14, 2024
As a Texas city debates an abortion “travel ban,” maternal care is scarce in nearby rural counties

As a Texas city debates an abortion “travel ban,” maternal care is scarce in nearby rural counties

By Jayme Lozano Carver, The Texas Tribune - June 14, 2024
Lt. Gov. Robinson touts end of DEI as LGBTQ+ advocates seek protections, equity

Lt. Gov. Robinson touts end of DEI as LGBTQ+ advocates seek protections, equity

By Ahmed Jallow, NC Newsline - June 13, 2024
U.S. Supreme Court allows access to abortion pill, unanimously rejecting Texas challenge

U.S. Supreme Court allows access to abortion pill, unanimously rejecting Texas challenge

By Eleanor Klibanoff, Texas Tribune and Karen Brooks Harper, The Texas Tribune - June 13, 2024
Judge strikes down Florida gender-affirming care restrictions for minors and adults

Judge strikes down Florida gender-affirming care restrictions for minors and adults

By Orion Rummler, Louisiana Illuminator - June 12, 2024