In 2011, the new House Republican majority, egged on by Eric Cantor and Kevin McCarthy and led by radical Tea Party rightists such as Jason Chaffetz, brought the U.S. to the brink of a default. The disaster was headed off by a last-minute compromise between Speaker John Boehner, Senate Minority Leader Mitch McConnell, and President Barack Obama. A breach of the debt ceiling, meaning the loss of the full faith and credit of the United States, would have been catastrophic. But Chaffetz and many of his colleagues were more than willing to make that happen. In the aftermath, Chaffetz said, We werent kidding around. We would have taken it down.
As it was, the brinkmanship and delays had severe effects. The Dow fell 2,000 points in the months that followed, and borrowing costs for the federal government increased by an estimated $18.9 billion over 10 years, according to the Bipartisan Policy Center.
Chaffetz is now long gone from the House, but the Tea Party radicalswho a few years later formed the Freedom Caucus because the existing right-wing caucus, the Republican Study Committee, was not right-wing enoughhave moved from the fringe to the center among House Republicans. And if Republicans capture a majority in next months midterm election, they will make the Tea Party group look like milquetoast moderates. The prospect of default, along with extended government shutdowns and disruptions and a hamstrung administration, will loom large.
If there is one timeworn clich about elections, it is that the next one is the most significant in our lifetime. There is reason to believe it is true this time. Although the outcomes remain uncertain, one thing is clear: If Republicans win control of the House of Representatives, the country will face a series of fundamental challenges much greater than we have had in any modern period of divided government, including a direct and palpable threat of default and government shutdown. The Republican majority will be more radical, reckless, and willing to employ nuclear options to achieve its goals than any of its predecessors have been, and its leadership, starting with McCarthy, will be either compliant or too weak to head off catastrophe.
From the November 2022 issue: Bad losers
Primaries in New Hampshire have underscored this threat. MAGA radicals were the big winnersDon Bolduc, slammed by GOP Governor Chris Sununu as a conspiracy-theory extremist, prevailed as the Republican Senate nominee, and Trumpists Karoline Leavitt and Bob Burns carried the nominations for the two House seats. Saying flatly that Trump won in 2020 and calling for scrapping the FBI, these candidates are outside any reasonable definition of the mainstreambut they are the rule, not the exception, in this years Republican primary contests for nomination to both federal and state key offices.
Earlier in the year, Republicans were bullish on a sweeping midterm victory, akin to what they achieved in 2010. Those exuberant expectations have been dampened in recent months, especially in the aftermath of the Supreme Courts Dobbs decision, and some of the extremist candidates face uphill battles to win (for example, the Cook Political Report moved the New Hampshire Senate race and one of those two House races from toss-up to leaning Democrat after the victories of Bolduc and Leavitt.) But after redistricting, and given the range of seats that could change parties, the odds remain reasonably strong that Republicans can still win back the House majority, if only by a slim margin.
When it comes to the House, FiveThirtyEight has found that so far, at minimum 117 House Republicans with at least a 95 percent chance of winning are full-blown election deniers or questioners, a good leading indicator of radicalism and a willingness to ignore facts and embrace fantasy. In turn, they are willing, if not eager, to blow up institutions and government itself to accomplish their goals.
The current members of the Freedom Caucus make up barely a fifth of all House Republicans, but they represent a rogues gallery of bombastic pot stirrers and insurrectionist enablerspeople such as Scott Perry, Jim Jordan, Matt Gaetz, Paul Gosar, Andy Biggs, Lauren Boebert, Marjorie Taylor Greene, Louie Gohmert, and Mo Brooks. In the 118th Congress, they will make up more of their party in the House. Their goals include impeaching Joe Biden, Merrick Garland, Alejandro Mayorkas, and more; investigating Hunter Biden, Anthony Fauci, and others; but also crippling the FBI and blocking further investigation or prosecution of Trump and his allies, stopping all future Biden policies, and likely fighting for a nationwide ban on abortions, repeal of the Affordable Care Act, tough immigration policies, and more.
One house of Congress can do a lot on its ownincluding investigations, subpoenas of individuals, resolutions of contempt, and impeachment. Of course, the House cannot remove anyone from office without the Senate, and it cannot legislate on its own. But it can block legislation and use its veto power to demand change. No question, the House Republicans will block any legislative initiative from the Biden administration. Worse, though, would be the ways they could employ the power of the purse.
That starts with the debt ceiling. An anachronistic policy necessity, used only by Denmark and the U.S., raising the debt ceiling requires periodic action by Congress to maintain the full faith and credit of the United States; the failure to do so when the ceiling is reached would mean a default. Although both parties have played partisan games with the debt ceiling, they have always made it through, even if we came dangerously close during the Obama presidency. In 2011, McConnell said, I think some of our members may have thought the default issue was a hostage you might take a chance at shooting. Most of us didnt think that. What we did learn is this: Its a hostage worth ransoming.
Edward Geist: Nuclear strategists know how dangerous the debt fight is
McConnell and his House counterpart Boehner did use the debt ceiling threat to get some concessions on spending. The concessions demanded by the new MAGA extremist radicals will be non-negotiable. And this time, if Republicans win, a lot more members will be ready to push us over the cliffand the speaker, McCarthy, with no ability or willingness to stop their juggernaut. Of course, other major disruptions could occur, including government shutdowns and costly investigations. But it is the tangible threat of default that looms largest.
What to do? One thing is clear. If the Republicans prevail in November, the lame-duck session becomes an opportunity to take this threat off the table once and for all. The way to do so is by making permanent, perhaps via reconciliation, the ironically named McConnell Rule. The rule was raised by the Senate Republican leader a decade ago to allow the president to raise the debt ceiling. It allows Congress to pass a joint resolution blocking the action, but contains a provision where the president is able to veto that resolutionmeaning, in this instance, that a president would need only one-third of support plus one of the two houses of Congress to avoid default.
We have moved into a new and frightening era in American politics and governance, one when radicals intent on a revolution and craving major disruption will be not just a vocal minority but potentially dominating a governing body. We cannot risk the full consequences of that brutal reality.
Continue reading here:
What Happens to the Economy If Republicans Win the Midterms? - The Atlantic
- Republican-controlled Idaho House passes Texas-style immigration bill Idaho Capital Sun - Idaho Capital Sun - April 2nd, 2024 [April 2nd, 2024]
- Georgia judge rules that Republican Brian K. Pritchard voted illegally - The Atlanta Journal Constitution - April 2nd, 2024 [April 2nd, 2024]
- Trump pays $175m New York fraud bond as Truth Social stock takes huge hit- live - The Independent - April 2nd, 2024 [April 2nd, 2024]
- Judges raise alarm over Trumps attacks - The Washington Post - April 2nd, 2024 [April 2nd, 2024]
- Why Trump's alarmist message on immigration may be resonating beyond his base - PBS NewsHour - April 2nd, 2024 [April 2nd, 2024]
- House Republican condemns Democrats sexualization of everything after Easter controversy - Washington Examiner - April 2nd, 2024 [April 2nd, 2024]
- Emery County Republican Lincoln Day Dinner and Convention Hosts Large Crowd and a Full Slate of Candidates - ETV News - April 2nd, 2024 [April 2nd, 2024]
- Who are the candidates in the West Virginia Republican Governors Forum? - WBOY.com - April 2nd, 2024 [April 2nd, 2024]
- The Republican Justices Are Slow-Walking a Key South Carolina Redistricting Case - Balls & Strikes - April 2nd, 2024 [April 2nd, 2024]
- "Never forget": Trump unloads on Republican "cowards and weaklings" in Easter Sunday meltdown - Salon - April 2nd, 2024 [April 2nd, 2024]
- Analysis | The revamped Republican Party turns Trump's lies into a loyalty test - The Washington Post - April 2nd, 2024 [April 2nd, 2024]
- Trump and his MAGA movement stormed the Republican establishment. Now they have become it. - The Fulcrum - April 2nd, 2024 [April 2nd, 2024]
- Senator Helming and Senate Republican Conference Unveil Legislative Package to Expand Availability and Access to ... - The New York State Senate - April 2nd, 2024 [April 2nd, 2024]
- States that lean Republican report more COVID vaccine-related adverse events, study finds - University of Minnesota Twin Cities - April 2nd, 2024 [April 2nd, 2024]
- House Republican condemns Democrats' 'sexualization of everything' after Easter controversy - Colorado Springs Gazette - April 2nd, 2024 [April 2nd, 2024]
- Infuriated House members plot early exits due to Republican dysfunction - Axios - April 2nd, 2024 [April 2nd, 2024]
- State reviewing cop-involved shootings - Waterbury Republican American - April 2nd, 2024 [April 2nd, 2024]
- RNC plan for 2020 denialist to head election integrity unit raises alarms - The Guardian US - April 2nd, 2024 [April 2nd, 2024]
- McConnell casts doubt on border and Ukraine aid deal as GOP fury threatens both - NBC News - January 25th, 2024 [January 25th, 2024]
- Biden Vetoes Republican Measure to Block Electric Vehicle Charging Stations - The New York Times - January 25th, 2024 [January 25th, 2024]
- Wilson Co. Republican Party of TN shares controversial meme referencing hangings - News Channel 5 Nashville - January 25th, 2024 [January 25th, 2024]
- When is the Nevada primary, caucus? What to know about dual contests. - USA TODAY - January 25th, 2024 [January 25th, 2024]
- Electability is all Democrats discussed in 2020. In 2024, Republicans don't care - NPR - January 25th, 2024 [January 25th, 2024]
- Trump racks up endorsements from Republicans in Congress as any resistance that once existed fades - The Associated Press - January 25th, 2024 [January 25th, 2024]
- 'Betrayal': Arizona GOP chair resigns after recording of 'offer' to Kari Lake - USA TODAY - January 25th, 2024 [January 25th, 2024]
- It's Fair to Ask: Is the Republican Race Over? - The New York Times - January 25th, 2024 [January 25th, 2024]
- 'No Time to Go Wobbly': Why Britain Is Lobbying U.S. Republicans on Ukraine - The New York Times - January 25th, 2024 [January 25th, 2024]
- The 2024 Republican Primary Was Over Before It Began - The New Yorker - January 25th, 2024 [January 25th, 2024]
- More GOP holdouts backing Trump as leaders seek unity - Roll Call - January 25th, 2024 [January 25th, 2024]
- House Republicans accuse Penn of 'failure to address antisemitism on its campus' - ABC News - January 25th, 2024 [January 25th, 2024]
- Four reasons why Nikki Haley may be staying in the race for the Republican nomination | Brookings - Brookings Institution - January 25th, 2024 [January 25th, 2024]
- The United Auto Workers union endorsed Biden today - NPR - January 25th, 2024 [January 25th, 2024]
- After Early Primary Victories, Republicans in Congress Fall in Line Behind Trump - The New York Times - January 25th, 2024 [January 25th, 2024]
- Kari Lake is running for U.S. Senate from Arizona. The AZGOP tried to stop her. - NPR - January 25th, 2024 [January 25th, 2024]
- New Hampshire exit polls: Republicans were just half of voters in their own primary - Reuters.com - January 25th, 2024 [January 25th, 2024]
- NH primary plays outsized role in determining future of the Republican Party - NPR - January 25th, 2024 [January 25th, 2024]
- Trump wins 2024 New Hampshire primary - The Associated Press - January 25th, 2024 [January 25th, 2024]
- House Republicans now have one of the smallest majorities in history - NBC News - January 25th, 2024 [January 25th, 2024]
- Time to back Trump: Republican donors accept the inevitable - The Guardian US - January 25th, 2024 [January 25th, 2024]
- Trump wins New Hampshire primary, further solidifying path to 2024 presidential election - Axios - January 25th, 2024 [January 25th, 2024]
- Does Nikki Haley have a chance in South Carolina's primary? Here's what some voters are saying - ABC News - January 25th, 2024 [January 25th, 2024]
- Trump and Biden shift focus to general election rematch as Haley fights on - Reuters.com - January 25th, 2024 [January 25th, 2024]
- Biden: Its clear Trump will be Republican nominee - The Hill - January 25th, 2024 [January 25th, 2024]
- Election 2024: Haley Heads Home to Keep Up Fight as Trump and Biden Look to Rematch - The New York Times - January 25th, 2024 [January 25th, 2024]
- AP Votecast: How and why New Hampshire voted in 2024 primary - The Associated Press - January 25th, 2024 [January 25th, 2024]
- Why Trump's critics see his New Hampshire win as a positive sign for 2024 - POLITICO - POLITICO - January 25th, 2024 [January 25th, 2024]
- Republicans zero in on a new border the one with Canada - NBC News - January 25th, 2024 [January 25th, 2024]
- Arizona Republican Party boss tried to keep Kari Lake out of Senate race by dangling job - The Arizona Republic - January 25th, 2024 [January 25th, 2024]
- Iowa Republican caucus date set for Jan. 15, 2024 - POLITICO - POLITICO - July 9th, 2023 [July 9th, 2023]
- Republicans sound alarm over DeSantiss sagging campaign - The Hill - July 9th, 2023 [July 9th, 2023]
- Opinion | Can the Republican Party Reverse Course? - The New York Times - July 9th, 2023 [July 9th, 2023]
- Reagans Republican Party Wouldnt Think Twice About Aid to Ukraine - Yahoo News - July 9th, 2023 [July 9th, 2023]
- Trump Wont Campaign at a July 4 Parade, but Other Republican ... - The New York Times - July 9th, 2023 [July 9th, 2023]
- Nearly a quarter of Republicans say classified docs charges make them more likely to support Trump: poll - The Hill - July 9th, 2023 [July 9th, 2023]
- Which Republicans Have Pledged to Support Their Nominee - The New York Times - July 9th, 2023 [July 9th, 2023]
- Calling robust Republican representation in Groton - theday.com - July 9th, 2023 [July 9th, 2023]
- John Roberts Is the Last Republican - New York Magazine - July 9th, 2023 [July 9th, 2023]
- House Republicans' Impeachment Fever Is a Gift to Democrats - The New Republic - July 9th, 2023 [July 9th, 2023]
- 'Boebert wokest Republican yet' The Durango Herald - The Durango Herald - July 9th, 2023 [July 9th, 2023]
- Ole Town Republican Party in a hole - theday.com - July 9th, 2023 [July 9th, 2023]
- Republicans Want to Mandate a Single Style of Architecture in ... - POLITICO - July 9th, 2023 [July 9th, 2023]
- Republicans Are Divided on Impeaching Biden as Panel Begins ... - The New York Times - July 9th, 2023 [July 9th, 2023]
- Impactful Quartet of Center-Right grassroots groups aim to advance ... - City-sentinel - July 9th, 2023 [July 9th, 2023]
- Ron DeSantis: 10 things to know about the Republican White House hopeful - The Guardian US - May 24th, 2023 [May 24th, 2023]
- Opinion | The Four Freedoms, According to Republicans - The New York Times - May 24th, 2023 [May 24th, 2023]
- Greene says no one is concerned about debt default in Republican conference - The Hill - May 24th, 2023 [May 24th, 2023]
- Republican concerns may halt permanent extension of expanded ... - New Hampshire Bulletin - May 24th, 2023 [May 24th, 2023]
- The Ever-Growing 2024 Republican Primary Field : The NPR ... - NPR - May 24th, 2023 [May 24th, 2023]
- Why the Republican Job Requirements Push Won't Actually Get ... - TIME - May 24th, 2023 [May 24th, 2023]
- Key Republican urges McCarthy, GOP to hold the line in debt ceiling talks - The Hill - May 24th, 2023 [May 24th, 2023]
- South Carolina GOP Passes 6-Week Abortion Ban, Sends Bill to ... - Democracy Now! - May 24th, 2023 [May 24th, 2023]
- Opinion | Vivek Ramaswamys Long Shot Run at the Republican ... - The New York Times - May 24th, 2023 [May 24th, 2023]
- Ohio Republican attack on higher ed will devastate our widely ... - Ohio Capital Journal - May 24th, 2023 [May 24th, 2023]
- Childless Adults Will Bear the Brunt of Republican Cuts to the Safety ... - The New Republic - May 24th, 2023 [May 24th, 2023]
- Opinion | George Santos Must Be Held Accountable by Republican ... - The New York Times - May 24th, 2023 [May 24th, 2023]
- Republican James Follweiler to be on ballot in Bethlehem City ... - 69News WFMZ-TV - May 24th, 2023 [May 24th, 2023]
- Why Republicans school board takeovers are faltering with voters - Vox.com - May 18th, 2023 [May 18th, 2023]
- Arizona Republicans have gotten most of what they wanted this year - The Arizona Republic - May 18th, 2023 [May 18th, 2023]
- Trump-backed Daniel Cameron wins GOP primary for Kentucky governor, will face incumbent Democrat Andy Beshear - Fox News - May 18th, 2023 [May 18th, 2023]
- DEI divide: Republicans and Democrats split on workplace diversity - USA TODAY - May 18th, 2023 [May 18th, 2023]