Skip to comments.White House and Republicans reach a tentative deal to avoid U.S. default
Posted on 05/27/2023 6:15:00 PM PDT by outofsalt
"WASHINGTON — House Republicans reached a tentative deal with the White House on Saturday night to address the nation’s borrowing limit and avoid a catastrophic default on U.S. sovereign debt."
(Excerpt) Read more at cnbc.com ...
Who caved? Wait, don’t tell me, I already know.
If CNBC says so, what’s to doubt?!?
Not spending money that may be appropriated but has not been spent yet is not defaulting.
Claw it all back.
If only we had Republicans who would!
Holiday weekend coverup of dirty deal.
The deal has always been in place, this was all “Kabuki Theater”
I was just thinking the same thing, and those exact words!
Yep. A show to amuse and placate the masses.
If the republicans at the VERY LEAST did not defund the 87,000 IRS agents AND CUT some funding to the FBI THEY ARE DEAD TO ME!!!
Well, that's too bad...
Since all this Krappe is being structured by Hollywood writers, directors, and producers now, expect One More Final Reel Complication to horrify Our Heroes and us, the audience, before the credits roll.
“Masterplots” handbook is running the show now. Has been for quite a while.
Don’t worry: The Good Guys always win in the last five minutes — bloodied, but unbowed.
Right on cue. That was close.
“Who caved? Wait, don’t tell me, I already know.”
Since Biden wanted a clean debt limit bill, he caved.
They had to tell us about it at the ‘right time’ like on a holiday weekend.
But I know Kevin McCarthy is so wonderful President Trump said so.
How hard is it to just REFUSE to raise the debt limit? Congress could do it and demand that all federal revenue not spent on defense be used to pay off the debt.
Once the debt is gone, THEN we can think about funding the mostly wasteful “social” spending, the mostly unconstitutional federal departments, NATO, “entitlements,” etc. PAY OFF THE DEBT, slash taxes in half and then see what’s left!
Rumors are that there are very few if any actual “cuts” in the current budget, but that spending might be capped for 2 years at the current (obscene) level.
If true, I consider that an “L” because the current budget is full of BS.
In DC-speak, a reduction in the rate of increase in spending is a “cut”.
GOPe refused to “hold the line” as Chip Roy insisted they do. A ten billion reduction in the IRS budget(which is one item I heard that had been agreed upon) is not an actual budget decrease. This decrease is from the original 80 billion extra funding originally provided in the oh-so-wrongly named “Inflation Reduction Act”.
Basically it is an agreement to Whimpey’s offer that “I’ll gladly pay you Tuesday for a hamburger today”, except Tuesday never comes. The GOPe has fell for this scam time and time again on multiple issues. The Democrats never live up to their side of the bargain.
The timing is all according to the script of the elites.
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