Debt Crisis Averted…for now…until December. Then they have to do it all over again.

I actually think many of them (especially the GOP) like it. It's theatrics. No substance.

Or, all sizzle, no steak. Drama queens...

Anyhoo, disaster has been pushed back a bit. Stay tuned. I'd like to see the "debt ceiling" blown up. It's not constitutional anyway.

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In other news, Congress is all messed up when it comes to the "infrastructure" bills...Manchin has no idea what he wants and Sinema needs an enima.

House Democrats delay planned vote on $1 trillion infrastructure bill amid dispute between party moderates and liberals

Democrats couldn’t reach an agreement over a second spending package, putting the bill for roads and bridges in doubt

House Democrats on Thursday delayed a vote on an approximately $1 trillion proposal to improve the nation’s infrastructure, a dramatic reversal after hours of negotiations that marked a major setback for President Biden’s economic agenda.

The decision came after House Speaker Nancy Pelosi (D-Calif.) and other Democratic leaders strained late into the night to try to repair the schisms among their own moderate and liberal ranks, whose distrust of each other turned the public-works bill into a political bargaining chip in a fight over the full array of new spending that Biden seeks.

The source of the Democratic stalemate was a second, roughly $3.5 trillion package that proposes to expand Medicare, combat climate change and boost federal safety-net programs, all financed through tax increases on wealthy Americans and corporations. To safeguard the initiative from cuts at the hands of centrists, including Sens. Kyrsten Sinema (D-Ariz.) and Joe Manchin III (D-W.Va.), liberals threatened to oppose the infrastructure bill that the moderate duo originally helped negotiate.

This is shaping up to be quite the debacle. Yesterday, Manchin admitted that he had, in fact, “run the numbers” through his pea brain and came up with $1.5T, far less than the $3.5T they all agreed on months ago.

All the while he's been saying he hadn't run the numbers and didn't have any number in mind.

He lied. What's new?

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Get the rest of the Sixpack here.

Make it a great day!

Bill

🍺 PS - Buy me a beer because it's Friday. Duh.