Posted on 01/23/2023 10:10:21 AM PST by Carriage Hill
Dozens of House Democrats have proposed legislation that would eliminate the debt ceiling, which would allow the government to borrow without any limit set by Congress. The federal government hit the $31.381 trillion debt ceiling last week, and House Republicans are pushing for commitments to cut back on the record growth in federal spending before agreeing to allow more borrowing. But Democrats accuse Republicans of setting up the possibility of prohibiting a debt ceiling hike, which would make the government unable to fund all of its current obligations.
(Excerpt) Read more at foxnews.com ...
When will Republicans stop spending money on Ukraine?
Do democrats push deficit spending to create the need for more borrowing so they can extort more kickbacks from lenders?
So why didn’t the democrats include an increase in the debt ceiling when they pushed through their last porkibus spending bill?
There are NO payments for principle for the national ‘debt’, it’s just interest. Always was since the FED creation.
It's just a way to move taxpayer money endlessly to lenders who kickback a percentage to the politicians who create the need to borrow.
Senators and Congressmen/women don't become multi-millionaires on their government salaries.
Put the Country on a Budget
If money means nothing, can I be a billionaire now, please?
I absolutely love it! Was thinking this over last night while I was doing dishes. (I do my best thinking, then.)
These @#$%^&! Socialist Democrats! When they want what THEY want (regardless of what WE THE PEOPLE want!) they move Heaven and Earth to get it.
When it later works against them, they cry FOUL and that someone moved the goal posts!
Oy! These people! I loathe them, completely! They’re toddlers; absolutely no thought for anyone but themselves!
“How The U.S. Defaulting On Its Debts Would Impact You”
Playing now on The Dave Ramsey Show:
https://www.youtube.com/watch?v=V1FhciQj5yQ
Default now or default later.
That you, Idi?
You know what? That’s actually a very good point.
Trump, Obama, Bush, Clinton, GHW Bush and Reagan all raised the debt ceiling.
He creates them and she whines…
They might as well... it means nothing anyway.
LOL. Yes I remember how Jill Biden complained about how there are just so many crises in the world preventing Joe Biden from great achievements as president.
I recall hearing that the debt ceiling has been lifted dozens of times in about the last 50 years. Often it has just been a routine procedure. I guess we’ll see soon enough if the Republicans in the House will stand up against the being browbeaten on this issue.
Got’s ta pay the illegals. They need food, housing, medical care, new car, apartment for their girl friends, vacation home in tha Bahamas, mama’s boy friend’s car and apartment (those are expensive), tickets to the Yankees, Cowboys and Arizona Cardinals and SF Warriors, Dallas Mavericks, LA Lakers, LA Clippers and NY Knicks games. Other than that, they don’t need much more.
One of my credit cards has no spending limit.
Just because I can doesn’t mean I should...................
They want to see how many republicans they can break or bribe.
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