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Democrats Could Remove The Debt Ceiling As A Weapon Once And For All
TPM ^ | Sept 29, 2021 | Kate Riga

Posted on 09/29/2021 6:54:08 PM PDT by where's_the_Outrage?

Furious Democrats seethe daily about Republican hostage-taking on the debt limit.

They’re still insisting that the ceiling be suspended through regular order, and that Republicans help them do it.

Instead of these fruitless, if understandable, attempts to shame Republicans for their hypocrisy and recklessness, Democrats could take this opportunity to remove a weaponized debt ceiling from Republicans’ arsenal for good.....

“I’d be glad to see us get rid of the debt limit,” Sen. Elizabeth Warren (D-MA) told TPM. “It serves no purpose to restrict spending, it just creates opportunities for political gamesmanship and threats to our economy. It’s time to get rid of it.”

(Excerpt) Read more at msn.com ...


TOPICS: Constitution/Conservatism; Government; News/Current Events; Politics/Elections
KEYWORDS: budget; congress; debt; debtceiling
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No pretense of fiscal responsibility from the Rats.
1 posted on 09/29/2021 6:54:08 PM PDT by where's_the_Outrage?
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To: where's_the_Outrage?

Firing the Venezuela afterburners.

.


2 posted on 09/29/2021 6:57:33 PM PDT by TLI (ITINERIS IMPENDEO VALHALLA)
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To: where's_the_Outrage?

This is very reasonable, IMHO.

Makes no difference.

The current $1.5T could just as well be $150T.

The current $3.5T could just as well be $3.5Q.

“Taxes” under the FED and fractional-reserve FIAT system only pays *off* the owners of the FED.

And, the quicker we have a financial collapse, the quicker we get NESARA and the world gets GESARA.


3 posted on 09/29/2021 6:58:29 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: where's_the_Outrage?

They want to borrow unlimited money to pay the unlimited debt ,LOL


4 posted on 09/29/2021 6:59:35 PM PDT by butlerweave
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To: where's_the_Outrage?

Yes the Democrats should take political advice from a person’s who sole accomplishment in life is getting a Journalism degree.


5 posted on 09/29/2021 7:00:36 PM PDT by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: where's_the_Outrage?
“It serves no purpose to restrict spending, it just creates opportunities for political gamesmanship and threats to our economy.
Sounds like something from the Babylon Bee.
6 posted on 09/29/2021 7:00:50 PM PDT by dblshot
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To: where's_the_Outrage?
"“I’d be glad to see us get rid of the debt limit,” Sen. Elizabeth Warren (D-MA) told TPM. “It serves no purpose to restrict spending, it just creates opportunities for political gamesmanship and threats to our economy. It’s time to get rid of it.”"

I really thought this had to be the Babylon Bee, or The Onion? Fire the entire legislature immediately.

7 posted on 09/29/2021 7:02:09 PM PDT by blackdog (Sophisticated so public policy is not applicable. )
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To: where's_the_Outrage?

“I’d be glad to see us get rid of the debt limit,” Sen. Elizabeth Warren (D-MA) told TPM. “It serves no purpose to restrict spending…

I’ll try this line at my local bank.


8 posted on 09/29/2021 7:02:27 PM PDT by Flick Lives (We may or may not have reached herd immunity, but we've definitely achieved herd stupidity.)
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To: MNJohnnie
...is getting a Journalism degree, and then lying for the
rest of your life.
9 posted on 09/29/2021 7:03:15 PM PDT by DoughtyOne (Biden = Green Light to > China, N. K., Russia, M/E Terrorists, FBI, CDC, MSM, & the Left...)
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To: TLI

With no debt limit, governments would be free to spend as they wish, and limitless spending would be the end result.

Hey, I understand how it feels; I’d be spending like crazy if there was no credit limit on my credit cards and there were no consequences for buying everything in sight.


10 posted on 09/29/2021 7:04:28 PM PDT by adorno
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To: adorno
and there were no consequences for buying everything in sight.

The consequences don't show right away.

It's like Ebola, once you figure out you have it, you are a goner.

.

11 posted on 09/29/2021 7:07:30 PM PDT by TLI (ITINERIS IMPENDEO VALHALLA)
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To: C210N

“And, the quicker we have a financial collapse, the quicker we get NESARA and the world gets GESARA.”

OK, I give up, what are those acronyms stand for?


12 posted on 09/29/2021 7:09:59 PM PDT by CapnJack ( )
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To: where's_the_Outrage?

“No pretense of fiscal responsibility from the Rats.”

I vaguely remember from some years back, the Dims came up with some harebrained idea regarding energy. Someone told one of the leading Dims (maybe Maxine Waters) that the idea violated the Laws of Thermodynamics. Ms. Waters’ response was, IIRC, “well, we’ll have to repeal those laws!”

I kid you not.


13 posted on 09/29/2021 7:10:31 PM PDT by PLMerite ("They say that we were Cold Warriors. Yes, and a bloody good show, too." - Robert Conquest )
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To: CapnJack

They stand for lazy poster


14 posted on 09/29/2021 7:14:47 PM PDT by al baby (Hi Mom Hi Dad)
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To: where's_the_Outrage?

Traitors - all of them.


15 posted on 09/29/2021 7:15:52 PM PDT by Skywise
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To: CapnJack

National Economic Security and Recovery Act

and a global version


16 posted on 09/29/2021 7:16:21 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: CapnJack
I gave up and duckduckgoed the terms. I got some weird pie in the sky website. Will never happen
17 posted on 09/29/2021 7:16:27 PM PDT by palmer (Democracy Dies Six Ways from Sunday)
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To: CapnJack

National Stabilization & Recovery Act, written in the 1970s, and Global Economic Stabilization & Recovery Act. The latter is considered a gold backed currency “that will bring about freedom and a lack of debt,” according to Dr. Scott Young, the author of “NE$ARA and the Mark of the Beast.”


18 posted on 09/29/2021 7:24:06 PM PDT by Prince of Space ( Irish lives matter!)
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To: where's_the_Outrage?

The writer is as dumb as Elizabeth Warren.


19 posted on 09/29/2021 7:42:02 PM PDT by falcon99 (qu)
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To: falcon99

And that’s hard to accomplish.


20 posted on 09/29/2021 7:51:28 PM PDT by reg45 (Barack 0bama: Gone but not forgiven.)
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