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Notes -
Third vote for Speaker of the United States House of Representatives set to start shortly.
What I'm hearing is the plan now is to do marathon votes, potentially through the weekend, as a strategy to wear down the holdouts and elect Jordan. I'm skeptical this will be successful. Allegedly some Republicans are saying they will go home for the weekend, Speaker vote or no. That is a bit of a sketchy place to be in because if enough go home (10) that means Hakeem Jeffries will be elected Speaker rather than Jordan. I imagine there would be some immediate votes to vacate the chair if that occurred but not sure how they would turn out. Also some Republicans have apparently been pressuring McHenry to bring legislation to the floor without a bill empowering him and he threatened to resign rather than do so.
ETA:
At the end of the third ballot results stand at:
210 - Jeffries
194 - Jordan
25 - Other
4 - NV
Jordan losing ground from the second vote as expected.
ETA2:
Reporting coming out of Republicans closed conference following the vote indicates the holdouts have no demands and want no concessions, they just don't want Jordan to be Speaker. If 8 people will never vote for McCarthy, 20 people will never vote for Scalise, and 25 will never vote for Jordan I'm not sure how this ends. One Rep was pictured carrying a resolution to oust McHenry as Speaker Pro Tempore. Maybe his replacement will be more amenable to doing legislative business without an empowering resolution? Apparently Jordan's latest vote total is the tied for the lowest in a vote for candidate for Speaker by a majority party since 1911 when the House was set at 435 members.
ETA3:
Jim Jordan has reportedly lost an internal ballot (88-112) and is out as Speaker Designate for the Republicans. As an amusing aside the 8 Republicans who ousted McCarthy have apparently circulated a letter claiming to be willing to accept some punishment like censure or expulsion from the Conference if it helped get Jordan elected. One problem? Rep Ken Buck has voted against Jordan all three times and apparently did not sign off on being included in the letter.
Apparently House is now going home for the weekend, lots more people expected to put their hats in the ring this next round.
As of now, Polymarket implicitly thinks either the deadlock will go on longer than 8 months, or that we'll have a candidate coming completely out of left field (i.e. one that's not currently listed). The total potential profit from buying a no share for all options, assuming none come true, is just 38 cents. Granted, Polymarket is a fairly thinly traded platform, but it's still real money people are betting with so that gives it a good deal of legitimacy in my eyes.
Current frontrunners are, as of 10/20/23:
So there's around a 60% probability that the eventual winner isn't in that list, or that the deadlock lasts longer than the market resolution date of June 30, 2024.
Modern US federal politics is notorious for its gridlock, but this is taking it to a new level.
I must confess that I'm kind of enjoying it.
You shouldn't. Stasis is ignorable for now, but it has huge costs across society that we'll have to pay one way or the other, either through direct payments for debt or future wars, or indirectly from stifled development.
The first thing mentioned in that article is that housing isn't being built because the government is actively getting in its way. Sure, a government deadlock will, sadly, not stop the regulators, but it'll (at least temporarily) stop lawmakers from tossing even more monkey wrenches into an already-completely-dysfunctional system. Also, "new rail systems won't get built" just sounds like the status quo to me...
I mean, I still vividly recall that during the long Obama government shutdown the only way they could actually get us hoi polloi to feel any pain was to actively shut down public parks (requiring more effort than doing nothing). When you're doing a performance review, and the answer to "so what do you do, exactly?" is "as long as you pay me I won't set fire to the building", it's time for that employee to go.
That's because there are a bunch of practices in place to minimize the impact of government shutdowns as long as they don't run too long. They could've ended the practice of requiring critical Federal employees to work without pay, leading to shutting down airports, not sending SSI checks, a ton of law enforcement activity being suspended (send CBP home), etc... If you're middle class and/or old you're insulated from most of the negative short term impacts by design.
Cool, cool. So, the obvious follow-up question is, can we just keep those critical federal employees, and drop everyone else? We might even survive firing the seven critical workers who were kept off furlough to keep people away from the Washington Monument.
I'm being a little facetious. You have a point, of course - lots of government services seem extraneous right up until the point where you (or someone else in a worse situation) desperately need them. It would be great if there was an option somewhere between 0% and 100% of our current government, where the first 10% to go isn't the part calculated to maximize spite.
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