Posted on 05/19/2023 11:13:51 AM PDT by knighthawk
Debt ceiling talks are now on 'pause,' according to House Republicans, after all sides expressed hope earlier this week that there could be a deal on the horizon.
Rep. Garrett Graves followed White House negotiators out of a meeting in the speaker's office and told reporters they had pressed pause on negotiations.
He called talks 'not productive' and said the Biden administration was making 'unreasonable' requests.
(Excerpt) Read more at dailymail.co.uk ...
Let it default, best thing that could happen. They have everyone brainwashed into thinking the sky is going to fall. It will not. The bills are already paid quite a bit ahead of time. It is all BS.
We won’t default, we have more than enough cash flow to pay debt payments. What would be catastrophic to the dems is that we’d have to cut spending elsewhere.
It’s not even a spending cut, it is a reduction in the rate of spending growth.
A krewe that can bomb the nordstream pipeline, can orchestrate a USA default
Biden and the Dems have no intention to cut even a penny in their desired spending and borrowing. They will blame the Republicans and bring out all the rhetorical devices to paint them as extreme, unfeeling creeps.
Just keep adding trillions to our debt and watch America crumble, but it’s always the other party’s fault.
Let it go. Better than going along with whatever the destructive dims want.
If we default then someone picks which bills can’t be paid until the money is available.
They will be domestic expenditures, the default will consist of paying only, say, 90% of what is owed and the rest of it later. Postponements can be chosen that won’t leave the needy (such as our precious illegal immigrants) to die.
Promises must be paid or postponed. Things not promised can be cut.
The democrats will portray the cuts or postponements as disastrous and merciless.
Our debt service can easily be covered by what comes in/cash flow.
Isn’t it reported that we run out of spending more than we have is Tomorrow according to DEM?!
The remarks on the financial pages are funny.
Calling it the Grand Orange Party.
The financial pages are excoriating dementia joe as well.
Note that he’s not negotiating with Biden, but “white house negotiators”.
Biden doesn’t matter and everyone knows it.
The US presidency is effectively run by a committee. It would be interesting to know who those “white house negotiators” are. They are the executive leadership of this country.
AGREE, let it go.
No matter what GOP does, the specter of MASSIVE DEMOCRAT VOTER FRAUD again in 2024, like in 2020 and like in 2016 will make this entire exercise a moot point.
With that thought in mind, DEFAULT!!!!! It really doesn’t matter.
THE DEMOCRATS ARE STALLING TO FORCE THE REPUBLICANS TO LIFT THE DEBT CEILING WITH NO RESTRICTIONS. IF THE GOP CAVES, WE’RE DEAD ECONOMICALLY. IF THEY HOLD THE LINE THE DEMOCRATS WILL HAVE TO HURT PEOPLE TRYING TO GET THE GOP BACK TO THE TABLE. JUST SUFFER. HOLD THE LINE!!!!!!!!!
What are the requests? The dems always have talking points ready for their complaints real or not. SS getting gutted, social safety net being cut. They always lose the battle of sound bites. Being unreasonable does not cut it.
I don’t think a Mardi Gras type social club “krewe” bombed the pipeline-probably a “crew” of demolition types, but either one could orchestrate a default if they are turned loose...
They will start by eliminating military budgets, Social Security payments, Medicare and Border Patrols.
“With that thought in mind, DEFAULT!!!!! It really doesn’t matter.”
Now or later, it’s coming.
IF anyone was paying attention in previous debt battles then would know that the Interest on the debt gets paid no matter what. It gets paid from current cash flow before anything else.
“Our debt service can easily be covered by what comes in/cash flow.”
Assuming what you say is true, why the panic talk about defaulting?
Cash flow to service the debt wouldn’t be enough to meet our obligations to fund the programs we’ve committed to. Is that correct?
Could it be that the recipients of the promised money have themselves will be in trouble if they don’t receive the promised money?
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