Skip to content
Pelosi changing the debt rules is a failure of leadership


Adam Korzeniewski, a former member of the Trump-era Treasury Department, said on Wednesday that House Speaker Nancy Pelosi (D-CA) is considering handing over power to the Biden-Harris administration to raise the cap debt, testifies to its failing leadership.

“Pelosi to discuss granting the authority to raise the debt ceiling to Biden Treasury would be a complete abdication of the constitutional duties of Congress by the Democratic Party,” Korzeniewski told Breitbart News exclusively. “This would give the executive branch a substantial authority it was never meant to have” due to “the interference of unelected bureaucratic mandarins from the administrative state.”

Korzeniewski also said allowing the Treasury Department to raise the debt ceiling would remove the balance of power in the federal government.

Adam korzeniewski

“The Treasury Department is probably already the most powerful department in the US government. The expansion of its powers would allow an avalanche of progressivism and excess, ”he said. “It would practically force Congress to simply approve spending on special interest groups and remove what little control over government power remains with the American people.”

Korzeniewski added that Congressional Democrats are probably “throwing Biden” under the bus with potential new liability, as they suspect he will not be running again in 2024.

“If Pelosi / DCCC expected a Biden administration to enter in 2024, or hold the House / Senate in 2022, they wouldn’t throw him under the bus right now with such a terrifying idea of ​​giving [Tresurary Secretary Janet] Yellen the debt ceiling limit, ”Korzeniewski said. “They come up with a ‘Blame Biden’ strategy,” which “will likely end in electoral defeats.”

Pelosi changing the debt rules is a failure of leadership

Janet Yellen, then candidate for Treasury secretary, speaks after Joe Biden announced his economics team at the Queen Theater in Wilmington, Delaware on December 1, 2020 (Chandan Khanna / AFP via Getty Images)

Pelosi said on Tuesday she would rather give the Treasury Secretary the power to raise the debt ceiling in December. “I think it has merit,” she told reporters when asked to turn congressional authority over to the executive to raise the debt ceiling.

Pelosi’s idea, according to the Politico Playbook, would raise the debt ceiling “while still giving Congress the power to override the secretary if lawmakers” disagree with an administration. “Congress should, of course, pass a law implementing such a program,” Punchbowl News explained.

Pelosi is probably in favor of the cession of power because under his leadership, the debt ceiling will have to be raised again in early December. Eleven Republicans helped Senate Democrats raise the debt ceiling last week, but bipartisanship was delivered with partisan rhetoric by Senator Chuck Schumer (D-NY) in the Senate.

Pelosi changing the debt rules is a failure of leadership

(From L) President Joe Biden, Vice President Kamala Harris, Senate Majority Leader Chuck Schumer (D-NY) and House Speaker Nancy Pelosi (D-CA) arrive for an event on the US bailout in the Rose Garden at Blanc Maison in Washington, DC on March 12, 2021. (Olivier Douliery / AFP via Getty Images)

After Schumer’s speech, which Senator Joe Manchin (D-WV) called “fucking stupid,” a shouting match reportedly broke out in the Senate with Republicans condemning Schumer’s nasty comments.

Senator Mitt Romney (R-UT) commented on Schumer’s speech: “There is a time to be gracious and there is a time to be combative, and this was the time for, for grace.
Senatorial Minority Leader Mitch McConnell (R-KY) responded to the Senate drama by writing to President Biden that Schumer “poisoned the well” with “childish behavior.”

“Last night, the Republicans filled the leadership vacuum that has been disrupting the Senate since January. I am writing to let you know that I will no longer provide such assistance if your all-Democratic government sinks into another preventable crisis, ”McConnell wrote.

Pelosi changing the debt rules is a failure of leadership

Senatorial Minority Leader Mitch McConnell (R-KY) addresses reporters following a weekly Republican Politics Luncheon on October 5, 2021 in Washington, DC. (Anna Moneymaker / Getty Images)

“I will not participate in any future effort to mitigate the consequences of Democratic mismanagement. Your lieutenants on Capitol Hill now have the time they claimed they lacked to tackle the debt ceiling through a stand-alone reconciliation, ”McConnell continued. “And all the tools to do it. They can’t make up another crisis and ask for my help.

Follow Wendell Husebø on Twitter @ WendellHusebø