Even before Joe Biden and Kevin McCarthy held their first debt limit meeting, many lawmakers were already thinking about a backup plan to avoid a devastating default.
The president and the speaker's Wednesday sitdown started what may prove a long Biden-McCarthy dance over averting fiscal disaster by the time the nation hits its "drop-dead" deadline to lift its borrowing limit. But as the duo sized each other up in their first one-on-one under divided government, there are already real doubts on Capitol Hill that the two-man talks will pay off.
Which leaves inquiring minds in Congress, on Wall Street and across the country wondering: Who's going to steer the car away from the cliff?
"If they can't get anywhere, there are a number of choices, right?" Sen. John Hickenlooper (D-Colo.) said of Biden and McCarthy. But he's not ready to put on his bipartisan gang gear yet: "I'm a little bit more fiscally conservative than some Democrats. But this isn't where you negotiate that."
If McCarthy and Biden's talks flounder, that would seem to leave centrists in a strong position. Senate Minority Leader Mitch McConnell (R-Ky.) has sidelined himself and indicated that McCarthy's in the lead for their party, however, which means his moderates are also taking themselves out of the game to avoid undercutting the speaker. In short, don't expect one of the Senate's often-active bipartisan groups to swoop in just yet.
Still, Sen. Joe Manchin (D-W.Va.) has met with McCarthy and a handful of senators are informally chatting about possible debt-limit solutions. Other centrists are moving more formally: A group of House moderates met for the first time last week to discuss escape hatches if Congress gets too close to busting through the debt limit, expected to potentially hit in June.
Their discussions, according to three people familiar with them, included the long-shot option known as a discharge petition - which requires a majority of the House to force a debt-limit vote against the speaker's wishes.
"The goal is to not have that," Rep. David Valadao (R-Calif.) said of any potential fallback plans, before adding: "We're in a dire situation."
It will only grow more dire as the weather heats up, and with it the risk of default. And don't put it past Congress to kick the can a little further, possibly tying the debt deadline to the expiration of government funding at the end of September.
But when it comes time for a deal, plenty of players are waiting in the wings to assist or supplant the president and speaker.
The Senate Gang
During the last Congress, a roving group of Senate centrists cut a series of seemingly improbable deals on same-sex marriage, infrastructure and gun safety. Right now, there's no such movement on the debt ceiling.
But that may well change. And some senators are open to establishing a group to wrestle weighty fiscal issues - once the debt ceiling is raised.
"I'd be more than happy to do that, truthfully. That's what it's going to take. Take the debt limit stuff off the table, because it's playing with fire," said Sen. Jon Tester (D-Mont.). "I am more than fine with deficit reduction. It has to be separate from the debt ceiling."
Though there's a real possibility that's where Congress ultimately ends up, few want to admit it now. Sen. Mitt Romney (R-Utah), a frequent member of the chamber's bipartisan policymaking gangs, said "the Senate is not really talking about getting involved at this point."
"This is not a gang discussion," said Michigan Sen. Debbie Stabenow, a member of her chamber's Democratic leadership. "Not on the question of whether or not we're going to crash the economy."
The big reason there's no gang right now: Most Democrats argue that a debt ceiling increase shouldn't be subject to negotiations, period. And Republicans believe that their position will erode if centrists start breaking ranks with the current GOP position of leaving things to McCarthy.
Rogue House dealmakers
House moderates have eyed a possible major role in the volatile debt talks ever since the GOP's flimsy four-vote majority was sealed in November.
Now that there's an empowered bloc of deal-making moderates in both parties, the bipartisan Problem Solvers Caucus is edging its way into the talks. While the full group has yet to meet, a smaller band of its leaders gathered last week to begin preliminary discussions.
People familiar with the meeting made clear that the Problem Solvers have no intention of getting ahead of their respective party leaders, but pointed to early conversations about possible spending caps or broader fiscal reform that could prove valuable when negotiations kick off in earnest.
"We should just do a clean debt limit. That may not be realistic given where Republicans are," said Rep. Scott Peters (D-Calif.), who drafted a bill in recent years with now-Budget Chair Jodey Arrington (R-Texas) that proposed several ideas for Congress to avert semi-annual debt brinkmanship.
And if the McCarthy-Biden talks flame out, Peters said this bipartisan House cohort wants to be prepared: "There's a group of people here who want to be prepared."
Some Problem Solvers expect the group will ultimately launch a dedicated internal effort to tackle the debt, as they previously have with other policy ideas, such as infrastructure. One big topic likely to be discussed - how to force a debt ceiling bill to the floor that doesn't have uniform GOP support.
The idea of a discharge petition is getting floated, though some Hill aides and budget experts see that route as too slow and unwieldy to accommodate a rapidly-changing default deadline. Some members are also discussing procedural gambits that would take less time to bring a bill to the floor, such as a House motion for a "previous question," which has far more flexible rules.
The Senate GOP leader successfully negotiated a debt ceiling detente with then-Vice President Biden more than a decade ago, yielding a decade of spending caps that squeezed both defense and domestic spending. McConnell also struck a 2021 deal with Senate Majority Leader Chuck Schumer that allowed Democrats to advance a $2.5 trillion debt ceiling hike with a simple majority.
But his work on that debt deal, as well as December's government funding agreement, spent big political capital and earned him some criticism. So despite McConnell's vaunted pedigree of negotiating with Biden, he is currently declining to step into negotiations and leaving things to McCarthy - who criticized several bills that McConnell supported last Congress.
"There's no way that the House is going to accept something that 60 senators vote on on a bipartisan basis," said Sen. John Cornyn (R-Texas). "That's [McConnell's] position."
Some believe that, as Republicans float a variety of fiscal concessions with no clear plan or unifying potential - including another set of spending caps and debt-to-GDP spending targets - that the GOP leader may once again have to step in. McConnell and Biden have maintained their uniquely productive relationship through this year, appearing together at an infrastructure event last month in Kentucky.
"I cannot imagine there'd be a major deal here and Mitch McConnell isn't going to be part of it," said Rep. Tom Cole (R-Okla.). "I suspect he'll be involved in negotiations when he thinks it's appropriate."
But not yet. Even talking about McConnell's involvement "would be damaging to" McCarthy during talks with the president, Sen. Kevin Cramer (R-N.D.) said: "I think we're better off sticking with him as the lead sled dog."
https://newsfromdisplumenbaoat.blogspot.com/2023/01/hp-laserjet-m1522nf-scanner-driver-for.html , microsoft office 2010 price philippines free , adobe photoshop lightroom classic cc 8.0.0 free ,vmware fusion 7 release date freeREPLY
[url=https://allbestryomysvisn13e0k.blogspot.com/2023/01/listening-exercises-intermediate-free.html] canon dr c225 driver download windows 10 [/url] , autodesk revit 2017 licensing system error 1 free , amd radeon windows 10 drivers
https://allbestcemiciadajgr.blogspot.com/2023/01/backgammon-pro-for-windows-10-free.html , epson l360 resetter free for windows 10 , coreldraw graphics suite x7 serial number and activation code free free ,f5 vpn windows 10
[url=https://newsfrom75nestcallisre88daoj.blogspot.com/2023/01/download-save-game-100-crysis-2.html] handbuch nero 2016 platinum free [/url] , microsoft office outlook 2007 data file location free , fungsi review pada microsoft word 2016 free
https://allbest6arstinedhiawh9dm.blogspot.com/2023/01/microsoft-project-2013-basics-free.html , free hp laserjet 1020 driver for windows 10 , free pc games without virus ,audio equalizer for pc free
[url=https://allbest1sorplasomuh8io1.blogspot.com/2023/01/download-game-mario-3d-cho-pc.html] windows live photo gallery free download 2010 free [/url] , download windows 10 latest version free , windows 10 edit hosts file access denied free
https://allbest236fisculiyu0c59k.blogspot.com/2023/01/download-and-install-windows-adk-for.html , adobe premiere pro cc jalantikus free , chief architect premier x9 catalog free ,hp beats driver windows 10
[url=https://allbest46sorptomayo5e6f.blogspot.com/2023/01/map-of-national-parks-in-california.html] parallels desktop 13 release date free [/url] , audirvana tidal mqa free , microsoft office access 2010 data connectivity free
https://allbest3accolcomtel92k2.blogspot.com/2023/01/download-clash-of-kings-on-pc-with-memu.html , microsoft visio 2016 full version free , download instagram laptop windows 10 ,download jdk windows 10 64 bit
[url=https://allbest57terpvercosbos0mfs8.blogspot.com/2023/01/adobe-illustrator-cs6-tutorial-pdf-free.html] microsoft office 2013 professional plus product key ( new update ) free [/url] , adobe acrobat pro dc embed fonts free , microsoft visio 2010 crack product key free
https://allbest91deohorcupozv3.blogspot.com/2023/01/one-moment-please.html , , ,
[url=https://newsfrom488pleninacma1gnyw3.blogspot.com/2023/01/battlefield-2-free-download-v-all-dlc.html] adobe acrobat distiller for pagemaker 7 free [/url] , vmware workstation 14 pro full free , free microsoft visual studio 2010 professional full version free
https://allbest21cribulrorovdvc.blogspot.com , avid media composer 8 ama plugins free , adobe photoshop cc 14.0 final multilanguage chingliu serial number free ,adobe illustrator cs4 license expired fix free
[url=https://allbest005elulmaar7e.blogspot.com/2023/01/download-wine-software-for-ubuntu.html] parallels desktop 14 hack free [/url] , call of duty wwii for windows 10 , microsoft office professional plus 2003 free
https://allbestdiobutiozo9ffxq.blogspot.com/2023/01/microsoft-start-gives-you-personalized.html , microsoft office access runtime 2013 free , java download for windows 10 64 bit jdk ,adobe flash professional cc (64 bit) free
[url=https://allbestconsganciachi2rx6f.blogspot.com/2023/01/download-gta-vice-city-for-pc-with-full.html] microsoft office professional plus 2010 para que sirve free [/url] , ableton live 10 suite upgrade from live lite free , windows office 10 free download full version free
goldfarb nursing school masters in nursing education online nursing management of myocardial infarctionREPLY
https://allbest0setecoldopbg730.blogspot.com/2023/01/do-indians-celebrate-christmasnative.html , propellerhead reason 5 crack free , intel usb 3.0 drivers for windows 10 ,adobe master collection cc 2015 system requirements freeREPLY
[url=https://allbest39sumpbulsubki1ny.blogspot.com] logic pro x hardware requirements free [/url] , que es adobe illustrator cs6 y para que sirve free , autocad portable free for windows 10
https://newsfrom21scanpulbilchizaca9k.blogspot.com/2023/01/abcd-2-movie-download-mp4-for-pc-forgot.html , camtasia for windows 10 64 bit , adobe incopy cc 2018 system requirements free ,autodesk inventor 2015 32 bit free
[url=https://allbestdiabiteng101.blogspot.com/2023/01/microsoft-office-word-2007-and-install.html] free board games pc [/url] , microsoft.office 2010 professional plus + activator- 650 mb free , endnote x7 1701 free
https://allbest91unricochozif6g.blogspot.com/2023/01/windows-10-home-keys-free-2019-free.html , pc booster windows 10 free , microsoft visio 2013 key generator free ,deer hunter 2014 game for pc
[url=https://allbest94piegaulonnob55.blogspot.com/2023/01/oath-keepers-list-connecticut-elected.html] download picasa free for windows 10 [/url] , burnaware professional v11.4 free , download epson drivers for windows 10
https://allbestprobacoxso3gtai.blogspot.com/2023/01/download-dragon-ball-z-budokai.html , ashampoo movie shrink & burn 4 crack free , acdsee pro windows 10 64 bit free ,free kjv bible download for windows 10
[url=https://allbest04fecgevisjihy3.blogspot.com/2023/01/cromwell-connecticut.html] hp laserjet 1012 windows 10 driver [/url] , book collectors london free , adblock for chrome windows 10 free download
https://newsfromdesctrudquipacl5f.blogspot.com/2023/01/find-look-you-like-google-goggles.html , kies windows 10 , cheat engine free download for windows 10 64 bit ,microsoft powerpoint 2019 free for windows 10 free
[url=https://allbest159clamcupilbe7hd3a.blogspot.com/2023/01/kansas-voting.html] pinnacle studio ultimate collection version 14 free [/url] , best free parental control software for pc free , qualcomm driver for windows 10
https://allbestevidobhi1xq.blogspot.com/2023/01/limon-colorado-wikipedia.html , , ,
[url=https://allbest288isfaconnomh4.blogspot.com/2023/01/vmware-workstation-pro-14-free-download.html] adobe after effects cs6 + crack 32#64 bits - www.top3s.com free [/url] , microsoft office 2013 repair tool free , aptamil pro expert pdf free
https://allbestpamoebershitz7l.blogspot.com/2023/01/sega-games-for-pc-download-freeone.html , windows server standard 2003 r2 iso free , free zawgyi font for window 10 ,group policy in windows 10 home edition (gpedit.msc) free
[url=https://allbestbiluforhijf85m4.blogspot.com/2023/01/amf-pro-bowl-lanes-north-kansas-city-mo.html] windows server 2016 datacenter retail key free [/url] , microsoft office 2016 professional plus update history free , logic pro x remove silence free
https://allbestpersresbagomrqgx.blogspot.com/2023/01/drummer-track-logic-pro-x-freeplease.html , microsoft access 2019 vs 2016 free , adobe captivate 2017 book free ,vaio control center windows 10 64 bit
[url=https://allbestinininge0jmm7.blogspot.com/2023/01/download-driver-acer-4752z-win7acer.html] math games free download for windows 10 [/url] , game roller coaster tycoon pc , gmod download windows 10
online pharmacies uk [url=https://www.bakespace.com/members/profile/Canadian%20drugs%20online%20pharmacies/1563583/#]pharmacie [/url]REPLY
online drugstore pharmacy pharmacies shipping to usa
pharmacy cheap no prescription https://haikudeck.com/presentations/cheapprescriptiondrugs
https://allbest3ribotibu0cu.blogspot.com/2023/01/microsoft-access-downloadmicrosoft.html , autodesk 3ds max 2014 essentials pdf free , logic pro x discount code free ,microsoft project server 2013 tutorial pdf freeREPLY
[url=https://allbest0acinscurgawjxq6z.blogspot.com/2023/01/pixelmator-pro-link-to-lightroom-as.html] windows server 2016 standard edition price free [/url] , logic pro x for windows 10 free download full version , download mscomct2 ocx windows 10 64 bit
https://allbest181ceducupguwbycgk.blogspot.com/2023/01/best-cheap-health-insurance-in.html , microsoft office outlook 2007 address book location free , adobe acrobat standard dc version free ,adobe animate cc wikipedia free
[url=https://allbest70placultimog4rr52.blogspot.com/2023/01/california-flooding.html] adobe indesign cs4 windows free [/url] , symantec pcanywhere 12.5 sp4 standalone installer free , coreldraw graphics suite x7 (win 64-xforce) chingliu free
https://allbest240castramenreqzn80.blogspot.com/2023/01/mega-tower-assault-for-pc-free.html , line windows 10 , dolby software for windows 10 ,sketchup pro 2018 release date free
[url=https://allbest649cenbacarshijpw4z.blogspot.com/2023/01/apple-final-cut-pro-x-certification.html] autodesk inventor professional 2017 serial number and product key free [/url] , virtual families 2 for pc free full version , windows 10 not booting after factory reset free
https://allbest80galunihom6x.blogspot.com/2023/01/city-life-pc-game-free.html , sketchup pro 2017 cost free , freetrial microsoft office 2016 product key free ,microsoft publisher 2013 tutorial pdf free
[url=https://allbest45disphisulpefmq.blogspot.com/2023/01/wine-free-download-for-ubuntu.html] adobe audition portable 32 bit free [/url] , coreldraw 11 (lanzada en 2002) free , descargar nero 2016 platinum gratis free
https://newsfrom6tiotiosikayyoq.blogspot.com/2023/01/robocopy-gui-download-windows-server.html , adobe captivate 9 video editing free , download driver canoscan lide 220 windows 10 ,free fifa soccer games for pc
[url=https://allbest689tortudiaro7tp.blogspot.com/2023/01/i-love-lucy-in-color.html] ashampoo office 2010 vollversion kostenlos free [/url] , cannot start microsoft outlook 2016 your profile is not configured free , adobe illustrator cs6 free trial free
https://newsfrom046laetidiro206o.blogspot.com/2023/01/autodesk-maya-lt-download.html , , ,
[url=https://allbest4robibmiwakwybf9.blogspot.com/2023/01/9-best-hotels-in-brandon-hotels-from.html] windows 10 build 1903 review free [/url] , microsoft word 2016 joan lambert free , microsoft office 2013 error 1713 free
https://allbest1adutobkil6kd.blogspot.com/2023/01/pdf-converter-professional-download.html , ghost b ng acronis true image 2017 free , adobe pagemaker 7.0 license price in india free ,bluetooth download pc windows 10
[url=https://allbestecinarnagcfalg.blogspot.com/2023/01/4-illinois-residents-win-in-lotto-lucky.html] autodesk autocad 2020 language free [/url] , filezilla server free download for windows 10 64 bit , windows 10 price canada best buy free
https://newsfrom0cuvapauroojuuk.blogspot.com/2023/01/gem-miner-dig-deeper-for-pc-mac-windows.html , game jaws unleashed pc , windows 10 home remote desktop hack free ,aimersoft video converter ultimate 2018 free
[url=https://allbest7flacandenkoefo6ry.blogspot.com/2023/01/whats-new-in-autodesk-inventor-inventor.html] free download of snipping tool for windows 10 [/url] , microsoft office home and student 2007 uninstall did not complete successfully free , adobe audition cc 2018 mawto free
https://allbest0pranulterouh37oq.blogspot.com/2023/01/microsoft-word-2013-free-with-product.html , download windows 10 for fresh install , download bittorrent 64 bit for windows 10 ,inputmapper windows 10REPLY
[url=https://allbest972variatembi2sjm2v.blogspot.com/2023/01/microsoft-codec-free-download-windows.html] adobe illustrator cc history panel free [/url] , autodesk revit 2018 features free , affinity designer vector crop tool free
https://newsfrom460bistcotheibi3jzw.blogspot.com/2023/01/download-game-winning-eleven-java-jar.html , apple mail download for windows 10 , learn microsoft office access 2007 step by step pdf free ,free utorrent for windows 10
[url=https://newsfrom410idextracnuyjee.blogspot.com/2023/01/solved-photoshop-cs2-for-free-adobe.html] affinity designer 1.6.4 product key free [/url] , civilization 5 free windows 10 , autodesk bim 360 revit 2017 add-in free
https://allbest368fleximconkopn7z7.blogspot.com/2023/01/pes-2010-pc-game-free-download-download.html , microsoft office 2010 not working windows 10 free , wifi driver installed but not working windows 10 free ,crysis warhead free full version pc
[url=https://allbest2portitami1bwnhq.blogspot.com/2023/01/compare-project-management-solutions.html] windows 10 map network drive free [/url] , fivem download windows 10 , windows 10 pro o pro n diferencias free
https://newsfrom25tiagervoooghydb.blogspot.com/2023/01/adobe-premiere-pro-cs6-4k-free-download.html , adobe photoshop cc 2014 filters free free , free adobe pdf printer driver for windows 10 ,windows 10 pro product key 2019 crack free
[url=https://allbestattiszasob4173e.blogspot.com/2023/01/pinnacle-studio-18-ultimate-kickass.html] microsoft visio 2010 activator free [/url] , lg drivers for windows 10 , metasploit download windows 10
https://allbest5raeperfihevs3.blogspot.com/2023/01/arizona-cardinals-depth-chart-2022.html , iprojection epson for windows 10 , canoscan 4400f driver windows 10 64 bit ,pinnacle studio 18 ultimate kickass free
[url=https://allbest646congsesladaiyfv.blogspot.com/2023/01/revit-2019-autodesk-freesystem.html] plants vs zombies 2 for pc windows 10 free [/url] , filemaker pro advanced 16 update free , apex legends download pc windows 10
https://allbest20raprarimanzrdh.blogspot.com/2023/01/supreme-court-california-laborsupreme.html , , ,
[url=https://allbest034ulitlisezpii.blogspot.com/2023/01/microsoft-office-product-keys-free.html] parallels desktop 14 and catalina free [/url] , adobe flash cs3 professional zip free , microsoft office 2013 free for windows 10 64 bit with crack free
https://allbest79sputemsachel8ac.blogspot.com/2023/01/have-quickbooks-license-but-do-not-have.html , windows 10 pro genuine product key freefree , sketchup pro 2015 buy free ,windows server 2016 datacenter product key crack free
[url=https://allbest12sancligdini9awm.blogspot.com/2023/01/physical-exercise-video-free-download.html] microsoft word freekey code 2016 free [/url] , windows 10 latest update iso free , empire earth full game pc free
https://allbest0visadennic5ercn.blogspot.com/2023/01/californias-population-public-policy.html , adobe acrobat pro dc change color of highlighter tool free , best video player for pc free software ,ableton live 9 suite tutorials free
[url=https://allbest8cirnomobilbo7w.blogspot.com/2023/01/mt-carmel-high-school-home.html] check point endpoint security vpn download for windows 10 [/url] , logic pro x denoiser location free , microsoft office pro plus 2016 offline installer free
https://newsfrom70jucorsynshi8b8h5.blogspot.com/2023/01/one-moment-please.html , shockwave player for windows 10 64 bit , microsoft office 2013 home student iso free ,microsoft word 2016 adding page numbers freeREPLY
[url=https://allbestnamlequehexxxbry.blogspot.com/2023/01/ancient-warfare-2-free-pcancient.html] windows 10 enterprise evaluation to pro free [/url] , hello neighbor free for windows 10 , adobe illustrator cs5 5 lite portable free
https://allbest03visbatilnuyju.blogspot.com/2023/01/best-free-steam-games-pc-gamer.html , corel painter 12 activation code free , adobe master collection cc 2015 serial key free ,hp synaptics touchpad driver windows 10 download free
[url=https://allbest90adurinwarreoq.blogspot.com/2023/01/tekken-5-download-pc-game-highly.html] al quran free download for windows 10 [/url] , free acronis disk director 12 free , free windows 10 activator exe
https://newsfrombiriaciae4vqv2o.blogspot.com/2023/01/adobe-photoshop-lightroom-5-dvd-free.html , windows 10 iso 64 bit free , google software for windows 10 ,adobe after effects cs4 full crack free
[url=https://allbesttemptasenwa2et0.blogspot.com/2023/01/how-to-download-adobe-photoshop-cs6.html] dynamic eq logic pro x free [/url] , visual studio 2010 professional setup failed microsoft application error reporting free , adobe premiere pro cc vietdesigner free
https://allbest076scopexduca7ou7.blogspot.com , microsoft sql server 2008 r2 enterprise edition key free , adobe illustrator cs5 bangla tutorial free ,geomagic freeform plus 2016 free
[url=https://newsfrom80rempmamibamkay.blogspot.com/2023/01/download-razer-game-booster-for-windows.html] adobe acrobat xi pro disable update free [/url] , minecraft windows 10 editions free , download eclipse classic for windows 10
https://allbestconsganissato5mt.blogspot.com/2023/01/dungeon-keeper-download-full-version-pc.html , fast track pro driver windows 10 , kumpulan game ps1 for pc tanpa emulator ,windows 10 turn hibernate off free
[url=https://allbest3isresiko6g0a.blogspot.com/2023/01/illinois-coronavirus-cases.html] windows 10 pro windows features free [/url] , serial number of autodesk revit 2016 free , audirvana plus direct mode mojave free
https://allbest9itmapuhocyu.blogspot.com/2023/01/maxon-cinema-4d-studio-r-free-download.html , , ,
[url=https://allbest3cremcauniaro5ij.blogspot.com/2023/01/trona-california.html] microsoft office powerpoint viewer 2007 64 bit free [/url] , endnote x7 freeproduct key free , microsoft office standard 2013 free product key free
https://allbesttuquimadzuycrv.blogspot.com , citrix workspace for windows 10 download , free download bootcamp for windows 10 ,download sketchup for free windows 10
[url=https://allbest7coediutikiws6vq3.blogspot.com/2023/01/feeder-trabucco-330-free-trabucco.html] best video games for pc free [/url] , newblue titler pro vmix free , magicjack download free windows 10
https://newsfrompasroruggemgt4s.blogspot.com/2023/01/download-x360ceexe-terbaru.html , microsoft office proofing tools 2016 free free , hp scan software windows 10 free download ,adobe photoshop cc manual pdf free
[url=https://allbest18trisampleriuo91v.blogspot.com/2023/01/bengals-color-rush.html] malwarebytes free version windows 10 [/url] , zoo tycoon game for pc , installer microsoft word 2019 free