“Centrist” Dems Plot Fallback Plan if Biden Fails to Secure Debt Deal

“Centrist” Dems Plot Fallback Plan if Biden Fails to Secure Debt Deal

THE SIGNAL

A cohort of centrist House Democrats is reportedly in the early stages of hatching a contingency plan to muffle fallout from a debt ceiling negotiation breakdown.
For weeks, the band of Democrats has been molding plans for a deal with centrist House Republicans in the event that the country winds up on the precipice of default, riling both their progressive peers and the White House, which has sought a united front against the GOP, Politico reported.
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“You’ve got party leaders in both houses that don’t want us to talk to one another,” one centrist Democrat said.
Specific details of the plan remain sparse, as it is still in its infancy, but the group of Democrats has met with centrist Republicans since February, per the report. They fear that the possible ramifications of blowing past the deadline to resolve the debt ceiling impasse could be dire.
Democratic leadership has sought a clean bill to raise the debt ceiling without making any concessions to Republicans and believes they have the advantage. Earlier this year, the White House was adamant there would be no negotiations with Republicans on the nation’s borrowing authorit …

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