Posted on 04/06/2025 12:08:38 PM PDT by RandFan
Is anyone honestly surprised?
ANYONE?
They passed a CR that cut spendin by a whole $7 Billion out of budget or $7 Trillion... of which $2 Trillion is more debt.
Understand the US FEDERAL GOVERNMENT must cut annual spending by about 28% just to be at the break even point... do you think anyone in the establishment is honestly going to do that? ANYONE?
Currently 13% of the US federal budget is simply for SERVICING EXISTING DEBT INTEREST!.. That’s on par with health care and the military, and will outstrip them both very soon
Seems as if it’s more useful to the Donkey Party for use as as a wedge issue to foster disunity among pubbies.
Which is why it might be best to put it on the shelf for a time. like that Eagles song.
That said, does Trump intend to borrow 5 trillion more? I hope not......
I hope not too. But if we get slaughtered in the mid-terms and lose house or senate it will be impossible to raise debt ceiling without compromising.
No President in decades has more aggressively tried to cut back the size of government and spending than Trump so far in his second term.
The tariffs are not to raise revenue - the tariffs are to have foreign countries lower or drop their tariffs on goods produced in the U.S.
These countries are buying items already and we want them to buy from us instead of Germany, France, the British Commonwealth of Nations, etc.
If you sell to us, you buy from us.
No one, including Reagan, has come close to do going after spending like Trump.
Instead, you and Paul find something else to whine about like tariffs despite the fact that one-sided tariffs don't even meet the definition of free trade.
For God’s sake, will people have some patience?!
In any case, the debt ceiling isn’t our only issue.
There’s also baseline budgeting.
And oddly enough, I don’t see anyone having cows about the debt ceiling going spare about the fact that baseline budgeting is still in use.
Trump knows who the enemy is, what’s he’s doing.
This was always going to take some time.
Have some faith.
And not just in Trump.
Good grief. Musk found a trillion cuts in three months. He can find four more trillion easily in the year or at least his team can.
Trump doesn’t present a budget. He gets what congress gives him. And trump is not a balanced budget type. His first term added a ton to the debt.
Yup.
Should prove to be a maddening thread.
That Paul hasn't praised Trump for creating DOGE and cutting back close to a trillion dollars in spending shows a backstabbing POS he is.
I am embarrassed by some of the insults thrown in your direction by some of the people in this thread. I do not agree with either Rand Paul or President Trump on everything, but I greatly admire them both. Much of the rancor in this thread is not justified. We should try to stick together as much as possible to beat the irresponsible and corrupt characters on the left, but this does not mean that there is not room for discussion and disagreements.
“If you sell to us, you buy from us.”
To Trump’s people it is not so simple. They expect that if we buy $X amount of goods and aservices from a country, that country needs to be buying the same amount of goods and services from us, even if they have no tariffs on any imports from us. In some cases that makes no economic sense on either side of the exchange. There are countries we buy from because that country has the best of something (bananas?) compared to most other places, and so we buy from them because it makes econonic sense. But their standards of living is so far below them we have little to offer that they can afford - so we have a trade decifict with them, so Trump is slapoing them with tariffs. Tariffs will not slow the imports from them nor cause them to buy Boeing jets or Ford autos from us - they can’t afford them.
Errr, except he has praised Trump endlessly for this
The cuts are not being codified in Congress is the quibble
They will come back if they dont codify it
Yes and I have assured them I do not have TDS or on some mad crusade
IT IS a coincidence this week Rand has voted twice against the Administration which is rare contrary to opinion on here
So they will notice anything negative from me a little bit more.
One thing with Trump, we knew it would be a rollercoaster!
Hoping for more positive vibes tomorrow
Tired of this Charade.
Rand is a Open borders Cheap labor supporter .
Loves those H123 Visas destroying American workers jobs .
He cares about debt but screw the American workers .
What ever money they throw on the dumpster fire, will be burned up in the market crash on Monday.
I think I will take my own advice and have a day off tomorrow
Contrary to what some say I hate being misery guts
Here’s why the debt ceiling needs to be raised:
Trump is proposing tax rate cuts for individuals and corporations, aiming to boost economic growth. However, the Congressional Budget Office will score the tax bill using static assumptions that don’t fully account for future growth.
As a result, the debt ceiling must be raised to cover the projected shortfall — as though the cuts generate no additional revenue.
Until all of this stuff settles out: The Doge savings have to be ‘realized’; the tax bill needs to pass and come into effect; the tariff situation needs to be negotiated with a lot of countries. And even then, it will take at least a year for the impacts to be felt.
The debt limit will need to be in place until this stuff settles. As it was during the first two years of Reagan, we will need to go through some pain to get to where we need to go.
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