The 👿 Is In The Details

This shld be interesting. https://t.co/NLvXvT3hlc

— Josh Marshall (@joshtpm) May 28, 2023

Was this why?

Corporations America sends in their closer. https://t.co/YXZYIVoV1C

— Schooley (@Rschooley) May 27, 2023

Or was it just the threat?

A deal in principle has been reached between the White House and House GOP leaders, per multiple sources. Tue call is meant to begin selling the deal to the members https://t.co/Oi18DZMjY8

— Manu Raju (@mkraju) May 28, 2023

White House, Republicans Reach Deal to Avert Historic US Default https://t.co/fbcAYAfP05

— Steven Dennis (@StevenTDennis) May 28, 2023

Very optimistic headline.

So heavy focus on Biden agreeing to negotiate. Because selling getting stood down by Biden is gonna be a challenge https://t.co/d7P4aqqSw1

— Josh Marshall (@joshtpm) May 28, 2023

In the spin zone. Apparently he needs the spin.

Basically what I’ve been saying (and others too). This is roughly the deal you wld have had if they just had a normal budget negotiation. McCarthy threatened to blow up the world economy. But Biden didn’t really give him jack. https://t.co/3CvYK7GI5w

— Josh Marshall (@joshtpm) May 28, 2023

Yes. These are real concessions. But when we say they cld have gotten as much thu normal budget negotiation (correct) that means the whole hostage taking accomplished nothing. When you go into a Dennys with a gun and say gimme the money, if you just get breakfast that’s a fail. https://t.co/WGXiorZLN8

— Josh Marshall (@joshtpm) May 28, 2023

This, however, is a curious analysis:

Seeing a lot of people predicting Dems will supply votes for McCarthy if there’s a Freedom Caucus rebellion. But why? What exactly is in it for them? We cld go way down the rabbit of what he’d need to agree to support or refrain from for the support. But the reality is that a …

— Josh Marshall (@joshtpm) May 28, 2023

3/ Would the House be reduced to chaos and go weeks or months without a speaker? Why would the Ds care? There’s simply no asset or outcome Ds will want to keep McCarthy around for. In the crassest terms the bigger the shit show the better for D elections prospects next year.

— Josh Marshall (@joshtpm) May 28, 2023

Hello? Default catastrophe? Do Dems vote to let that happen? If they save McCarthy, does he owe them? If they save him, after this what leverage does McCarthy have? The Freedom Caucus wants him out, and he can’t threaten Dems with, well, anything. How is this other than a win-win for the Democrats? Especially if Biden negotiated this and gave McCarthy nothing?

McCarthy: I believe this is an agreement in principle that's worthy of the American people. It has historic reductions in spending, consequential reforms that will lift people out of poverty into the workforce, rein in government overreach. There are no new taxes.. pic.twitter.com/g3B9SW0eTv

— Acyn (@Acyn) May 28, 2023

Or is it?

"Republicans began this process wanting 22% across the board cuts on all spending. The fact that spending will remain flat for the next two years is a win for Democrats and Biden. This landed far better for President Biden than anyone was forecasting." -@kurtbardella pic.twitter.com/NWOKss0wj6

— AYMAN (@AymanMSNBC) May 28, 2023

White House and Republicans reach tentative deal to avoid default: reports https://t.co/x5inIENE0C

— Raw Story (@RawStory) May 28, 2023

"Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal," Reuters reported. "The deal would avert an economically destabilizing default, so long as they succeed in passing it through the narrowly divided Congress before the Treasury Department runs short of money to cover all its obligations, which it warned Friday will occur if the debt ceiling is not raised by June 5."

Marjorie Taylor Greene hails tentative debt deal for money it claws back from 'overseas' https://t.co/E2l3Rt9QY5

— Raw Story (@RawStory) May 28, 2023

“Hearing @SpeakerMcCarthy’s soon to be finalized agreement on the debt limit will clawback $400 MILLION from the CDC 'Global Health Fund' that sends money overseas to countries like China," she wrote. 

Then she added: 

"Here’s a few other countries that will no longer get access to these taxpayer dollars: Afghanistan, Albania, Armenia, Bangladesh, Bhutan, Burkina Faso, Burma, Cambodia, China, Ivory Coast, DRC, Eswatini, Ethiopia, Georgia, Ghana, Haiti, India, Indonesia, Kenya, Kyrgyzstan, Liberia, Malawi, Mail, Moldova, Mongolia, Morocco, Namibia, Nigeria, Oman, Pakistan, Philippines, Rwanda, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Thailand, Tunisia, Uganda, Ukraine, Uzbekistan, Vietnam, Zambia, and Zimbabwe." 

The congresswoman added: If 

"Also on the chopping block is nearly $1.5 BILLION from the CDC’s 'Vaccine Distribution and Monitoring Program.'"

Pretty weak tea. Then again, Biden may have struck a good deal after all. MTG always was all talk and no action. She talks loudly, but even she knows a global economic catastrophe is not good for the brand. That she takes the first sign of a deal, is telling.

I wonder how many average MAGA Republicans are even following McCarthy's big debt circus versus those getting mad at brands.

— Schooley (@Rschooley) May 28, 2023