New — Language released to increase debt ceiling via a fast-track process and be approved by simple majority. McConnell briefing his leadership team on this new process bill — which would just be allowed this one time — and will brief conference at lunch. ImageImageImageImage
This new bill, which has been negotiated by Schumer and McConnell, would allow the debt ceiling to be increased only up until Jan. 15 by a simple majority vote.
The new process would ensure the debt ceiling legislation cannot be amended and would be immediately considered by the Senate. Debate would be limited to 10 hours.
The measure requires the debt ceiling to be increased by a specific dollar amount (rather than just a suspension of the debt ceiling). McConnell has insisted on Dems being forced for a specific dollar amount (i.e. raise the debt ceiling to north of $30 trillion)
The language to create this new process was folded into a bill to prevent cuts to Medicare - and will be taken up by House first.

But to enact this new process, there would need to be 60 votes in the Senate to overcome a filibuster.

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More from @mkraju

30 Nov
Schumer informed his leadership team that he and McConnell are still in talks over raising the debt limit and that the issue will likely be dealt with next week with the Dec. 15 deadline looming, according to multiple Democratic senators.
Republicans have proposed that Ds move through reconciliation process to raise debt limit on their own, something that would require them to specify the exact dollar amount that they would raise borrowing limit to. The process would also open them up to a marathon voting process
But to make the process less arduous, McConnell is proposing to expedite the reconciliation process, something that would take the consent of all 100 senators.
Read 4 tweets
18 Nov
Lots of movement in the House. Rules Committee meets at 5:30pm to take up revised rule governing floor debate of Build Back Better bill. CBO finalizes scoring of each section of bill. Overall scoring not released, but moderates had demanded "fiscal information" before voting YES
Some discrepancies will have to be worked out. The judiciary provisions (including immigration) cost $115 billion, per CBO, but the budget resolution allows $107 to be spent. Those could fall by the wayside as well if they don't meet muster with the Senate parliamentarian
The so-called "privilege scrub" is also completed. So that means if the Democratic moderates are satisfied, vote will be tonight and bill likely pass the House. (Senate is a different story)
Read 4 tweets
17 Nov
Several House Republicans who voted to impeach Trump signal they are NO votes on Gosar resolution. Tom Rice of SC told me he’s a NO. “The video was idiotic and immature and childish and stupid, but I don’t think it was a threat. I think it was in very poor taste.”
Rep. Fred Upton said the resolution goes a “stretch too far” by removing Gosar from committees. He said he would have been more comfortable if it were just a censure resolution.
Rep. Dan Newhouse said he was leaning against backing the measure. He said that a majority party removing minority members from their committees goes “down a dangerous path.” Rep. Katko told me Gosar resolution is “too broad” and Dems should be worried about the precedent it set
Read 4 tweets
15 Nov
18 former House Rs issue a statement in support of new infrastructure law and criticize House GOP leaders for their silence as members from their own conference have come under attack from right -- and faced death threats -- for voting for the bill, per statement shared with me
“By remaining silent and failing to publicly defend these 13 members, House GOP leaders are demonstrating their fear of extreme elements within their own conference at the expense of some of their most politically vulnerable members who are essential to winning a House majority.”
“Consequently, we call upon House Republican leaders to condemn and repudiate immediately this act of vindictiveness directed at their fellow House Republicans who voted the same way on the bipartisan infrastructure bill as” Sens. McConnell, Graham, Tim Scott and 16 other R sens
Read 5 tweets
9 Nov
Big blow for GOP in hopes to take back Senate. After heavy lobbying campaign, Gov. Chris Sununu declines to challenge Maggie Hassan in #nhsen.
“I’d d rather push myself 120 miles an hour delivering wins for New Hampshire than to slow down, end up on Capitol Hill debating partisan politics without results. That’s why I am going to run for a fourth term,” he said
Sununu says he’s spoken with many GOP senators about a possible run — and George W. Bush as well. Says the more he heard about being a senator, the less he wanted to do it
Read 4 tweets
4 Nov
Henry Cuellar, a Blue Dog, told us there are enough moderates who would tank the procedural vote for the $1.75 trillion bill tonight, saying the rule "is not going to pass" if it comes up.

"As of right now, there are enough votes in my opinion to vote no on the rule.”
He said there are outstanding issues to resolve first. But Cuellar said there has been a lack of trust caused by broken promises of Democratic leaders.
"They told us they were not going to move this til they were not going to have 50 votes in the Senate. They also told us they were going to vote on BIF until Sept. 27. And here are they are," he said, referring the shorthand of the bipartisan infrastructure framework.”
Read 4 tweets

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