There is no debt limit anymore.
Oh yes, these are the same dire warnings the CBO issued daily publically during Obama’s reign of fiscal responsible terror, right?
This doesn’t comport with all the stories we’ve read this winter and spring about the govt (i.e. President Trump) not spending allocated monies and the debt reducing itself. Wonder if all those were a lie and this is true or vice versa?
This, despite receiving record amounts of tax revenue. And idiots like Rob Portman are holding up the ObummerCare replacement bill because it doesn’t spend enough on Medicaid EXPANSION, which had been pushed in Ohio by fellow idiot John Kasich.
Once Trump was sworn in, I believe I stated, the Waterloo for me was the vote on the debt ceiling. Well, we are there or very nearly there. If not now, when? If not us, our children, or Grandchildren? Ten percent spending CUT, not that reduction of the annual increase, but a ten percent spending cut, every year for five years or some other appropriate plan, but it is now or never, and never is not an option, because before you get to never, reality will hit sooner rather than later, and then what?
No problem we are already 20 TRILLION dollars behind!
The amazing thing is that Trump has kept the debt below $20 trillion since he took office.
He even managed to lower the debt by $ 101 billion.
Start here. NO more deficit spending. Then you will not increase the debt.
693 thousand million dollars. In my life, I have yet to earn a million dollars. This is like 693,000 people like me spending their entire working life's earnings. I"m trying to paint a picture of just how much 693,000,000,000 dollars is. These numbers we throw around casually. This is the amount we're spending currently OVER what the government takes in, which is even more.
If we would once and for all get rid of the illegals, fine/imprison employers, withhold monies from sanctuary cities, that’s got to be worth tens of billions right there.
Putting a stop to the senseless perpetual wars would save hundreds of billions as well.
Eliminate the social engineering and political correctness in the armed forces is another mistake costing untold amounts of blood and treasure.
The sky is falling.
Yet do nothing Congress took off a day early for a long weekend.
A billion here, a billion there, and pretty soon it adds up to real money (apologies to Everett Dirkson).
Complete, total BOVINE FECAL MATTER.
To maintain the necessary cash, curtail selective disbursements. Make a list of must pay and no pay.
The no pay candidates are sanctuary cities and states. “We had no money in the till, so I made do with what I had” said the President
CONgre$$
LOCK THEM UP
Socialism Is Legal Plunder - “The Law”; Frederic Bastiat (1801-1850)
We were not born in America to be debt slaves to socialists/totalitarians.
Hey kids...WAKE UP
The president isn’t taking a salary. Maybe the budget making congresscritters shouldn’t either.
CBO= swamp
There CANNOT be any default, the Constitution forbids it. Instead every possible delay of any or all other forms of payment will be made. The Constitution makes NO mandate about payments the Federal government needs to make OTHER than the U.S. debt, which must be paid (interest owed on the debt). The scare tactic of “default” is just that - it’s not allowed.
........decades of imbecilic politicians and judges in/of all parties have about destroyed this country.
Is “Democracy” all it’s trumped up to be????
Push the fast forward button on the printers.