The GOP’s infighting and inability to elect a House speaker means the lower chamber cannot get to work, potentially delaying crucial legislation
The repeated failures by House Republicans to elect a new speaker are making the federal government more likely to shut down next month, as the GOP’s weeks-long internal dysfunction threatens to delay vital legislation.
The House has been mostly closed for business since Oct. 3, when a band of far-right rebels ousted then-Speaker Kevin McCarthy (R-Calif.). Republicans since have not coalesced around a replacement, running through multiple options without electing anyone. Without a speaker, lawmakers can’t bring bills to the floor.
Policy discussions have ground to a halt, even as war has broken out in Israel and federal funding is weeks away from expiring. Congress has until Nov. 17 to approve a deal to fund the government, or members of the military risk missing paychecks, national parks will close and the Internal Revenue Service will run shoestring operations.
They do, but only in the last hour, when people start preparing the consequences to their actions:
When people start shorting the USA stock market
When CEOs start hiding their USD overseas
When rich folk start pulling their money out of the stock market.
When rich folk start investing in foreign capital.
Whether or not Republicans can admit it, something has changed in the dynamics of this argument. Where originally shutting down the government was an option. Now, it is the last thing they want to do. Which means American citizens just have to keep up the pressure on politicians. And this turkey will cook itself.
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Oh yeah well what about if the wealthy start offshoring their assets, then?
So just another Tuesday then