‘Manchinema’ to Align with GOP on Debt Limit Negotiations

Also: Sen. Grassley and Rep. Comer Demand FBI Release Evidence on Biden

‘Manchinema’ to Align with GOP on Debt Limit Negotiations
Senators Joe Manchin and Kyrsten Sinema are once again breaking with Democrats on the debt limit, pushing for a bipartisan deal and positioning themselves as potential players in any future Senate talks. Republicans are delighted with their actions, of course. Manchin has urged Biden to work directly with Speaker Kevin McCarthy, while Sinema has dined with McCarthy and signaled her hopes for a negotiated solution with GOP senators.

Both have been vocal about how the Democrats are handling the issue. From Politico:

In typical Manchin form, the West Virginian centrist is already chiding Senate Majority Leader Chuck Schumer for referring to the House GOP’s debt ceiling bill and its massive government spending cuts as “dead on arrival.”

In an interview on Tuesday, Manchin said of Schumer’s dismissal that “to say something’s dead on arrival, before we really had a chance to look at it — I think there’s a better way to approach it.”
…
Sinema warned in a statement for this story that “playing chicken with the full faith and credit of the United States is irresponsible” given the impacts a debt default could have on her constituents.

“Both sides need to come together, put down the partisan talking points, and discuss realistic solutions to prevent default,” she said.

Fed Hikes Rates .25%
In its 10th rate hike in a little over a year, the Federal Reserve announced yesterday that it unanimously voted to raise rates by .25%. CNBC reported, “Wednesday’s decision comes amid U.S. economic fragility and over the objections of prominent Democratic lawmakers, who urged the Fed this week to stop rate hikes that they insisted could cause a recession and excessive loss of jobs.”

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