{"id":121754,"date":"2021-09-23T23:34:30","date_gmt":"2021-09-23T23:34:30","guid":{"rendered":"https:\/\/fin2me.com\/?p=121754"},"modified":"2021-09-23T23:34:30","modified_gmt":"2021-09-23T23:34:30","slug":"a-guide-to-the-twisted-thicket-of-bills-in-congress","status":"publish","type":"post","link":"https:\/\/fin2me.com\/politics\/a-guide-to-the-twisted-thicket-of-bills-in-congress\/","title":{"rendered":"A Guide to the Twisted Thicket of Bills in Congress"},"content":{"rendered":"

Congress needs to fund the government and raise the debt ceiling. You\u2019d need a flow chart to figure out all the complications, but we\u2019re here to help.<\/p>\n


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By <\/span>Maggie Astor<\/span><\/p>\n

Sign up here<\/em> to get On Politics in your inbox on Tuesdays and Thursdays.<\/em><\/p>\n

You know that GIF of Donald Glover carrying a stack of pizza boxes into a room, only to freeze upon seeing that everything is on fire?<\/p>\n

Let\u2019s talk about Congress.<\/p>\n

Unless you\u2019re a congressional reporter or staff member \u2014 or, really, even if you are \u2014 you could be forgiven for wondering what is happening there this week. It\u2019s a great big dumpster full of substantive political disagreements and cynical posturing, tangled so tightly together that it can be hard to tell which is which. And the stakes are alarmingly high.<\/p>\n

First, there are two things Congress needs <\/em>to do: fund the government by Oct. 1 and raise the debt ceiling by sometime in October. These are basic, Government 101 responsibilities, and the consequences of failure would be catastrophic. Republicans are insisting that Democrats fulfill them alone, while making that almost impossible.<\/p>\n

Then there are two things the Democrats who control Congress want <\/em>to do: pass a $1.2 trillion bipartisan infrastructure bill (a priority of moderate and conservative-leaning Democrats) and pass a $3.5 trillion partisan package containing much of President Biden\u2019s domestic agenda (a priority of progressive Democrats).<\/p>\n

The bipartisan bill is supposed to receive a vote on Monday. But it probably won\u2019t have enough support from progressives to pass unless the partisan bill passes first. But there\u2019s no way the partisan bill can pass that quickly. But the moderates and conservatives won\u2019t agree to postpone the vote.<\/p>\n

Like I said, it\u2019s a mess. Let\u2019s look at the four fires one at a time.<\/p>\n

The debt ceiling<\/h2>\n

Refusing to raise the debt ceiling \u2014 a limit on how much the federal government can borrow to make expenditures that Congress has already authorized \u2014 is basically a game of chicken with the economy. If the ceiling isn\u2019t raised in time, the U.S. can\u2019t pay its bills, including essential obligations like Social Security benefits, military salaries and interest on existing loans.<\/p>\n

This would be economically ruinous, and while the country has come close to doing it before, it has never happened. Congress has always acted in the end.<\/p>\n

Understand the Infrastructure Bill<\/h4>\n