Posted on 06/03/2023 9:43:25 AM PDT by SoConPubbie
The deal to raise the debt ceiling for two years to the tune of $4 trillion while minimally cutting spending passed the House, thanks to the Democratic Party support. More Democrats voted for the compromise than Republicans did, which we all saw coming, given the vocal opposition from the party's conservative wing. Even more damning were the allegations that the $4 trillion increase wasn’t a Democratic Party pitch but Speaker Kevin McCarthy's (R-CA) proposal. Yet, even on the Republican side of the aisle, you had staunch conservatives disagreeing.
Rep. Thomas Massie (R-KY), one of the most prominent spending hawks, voiced his approval of the legislation, whereas Rep. Chip Roy (R-TX) vehemently opposed it. Massie’s stamp of approval was key as it assured passage through the House Rules Committee, which enabled the process of bringing this bill up for a floor vote.
House okays debt ceiling bill 314-117
149 Republicans voted yea
165 Democrats voted yea.
So there were more Democratic yeas even though they are in the minority— Chad Pergram (@ChadPergram) June 1, 2023
B) 149 GOPers voted yea
165 Dems voted yea
71 GOPers voted no
46 Dems voted no
2 Dems missed the vote
2 GOPers missed the vote— Chad Pergram (@ChadPergram) June 1, 2023
As Spencer wrote, at 314-117, the deal passed. House Minority Leader Hakeem Jeffries (D-NY) voiced his support for the bill. Still, the fact it was passed without majority Republican Party support guarantees a motion to vacate could be considered by House conservatives. If successful, it could take the gavel away from Mr. McCarthy.
House Minority Leader Hakeem Jeffries says he will support debt ceiling bill "without hesitation, reservation or trepidation."
"Not because it's perfect. But in divided government, we, of course, cannot allow the perfect to be the enemy of the good." https://t.co/ODQ1safMcq pic.twitter.com/d1VEC9zZd2— ABC News Politics (@ABCPolitics) May 31, 2023
Well, have no fear, establishment media, Trump has spoken about the deal, and he's not too pleased with it (via WaPo) [emphasis mine]:
Most Republican presidential candidates are panning the deal negotiated by House Speaker Kevin McCarthy (R-Calif.) to suspend the debt ceiling, including the GOP front-runner, former president Donald Trump, who said he would have allowed the country to default.
“Well, it is what it is, it was going to pass,” Trump told Des Moines 1040 WHO radio host Simon Conway, adding that “we’ll get it fixed and will get it fixed properly in two years.” Asked about his recent CNN town hall comments about letting a default happen, he said, “I would have done that.”
[…]
During the CNN town hall event earlier this month, Trump argued that Republicans should use the deal ceiling as leverage to roll back many of Biden’s spending priorities.
“If they don’t, … you’ll have to default,” Trump said. He suggested the consequences of a default could lead to “a bad week or a bad day.”
During Trump’s presidency, the debt ceiling was raised three times by Congress without any preconditions.
[…]
Until Wednesday, Trump had been publicly silent since the contours of the deal became public Saturday — and had drawn criticism from some GOP presidential rivals for that.
Look, it’s not the best bill by any stretch. We’re also not out of the woods here since it heads to the Democratic-controlled Senate, where progressives aren’t happy with the legislation. Then again, will they torpedo the whole package and deny Joe Biden a legislative win? This isn’t over yet.
Again Trump showing D.C. weakness without true leadership it’s back to the old flow of the good old boy club in progress.
Never leave children alone bad things happen.
I really don’t pay much attention to what Trump SAYS anymore.
And why should anyone?
He’s broken so many promises, and flip flopped on so many core conservative issues, you simply can’t trust him on anything anymore.
He’s just like his favorite story he used to tell at his rallies, “the snake.” Until people started catching on.
I’ve been thinking that much of the spending should just be block granted to the states.
The Congress might void all transfers to non-governmental parties except for:
1. Social Security, Medicare, and Medicaid
2. payments to disabled veterans
3. other federal employee workmens comp type payouts
4. federal retirement benefits
and then issue block grants to each state that would be based on:
1. a percentage of the state’s personal income tax paid
2. a per capital amount so low income states like Mississippi would get needed help
The per capital amounts would be funded by dedicated taxation, such as the federal corporation income tax.
Such structuring would make federal spending much more subject to limits on excessive spending. Eventually the federal budget could be brought into balance.
Even Trump doesn’t understand...we will never default on debt payments.
Since when has Trump shown any public deference to anyone when the subject was important to him ???
Trump backed McCarthy, McCarthy negotiated a bad deal, Trump offered nothing during the negotiation, why is that ??
Compare his response to the budget deal and Kevin McCarthy versus Kayleigh McEnany one of his best supporters ??
Trump is all about trivial things that don’t matter but ignores the big issues like the budget where he backed a loser and conveniently is silent on that issue.
If it takes 72 hours to read through a bill, it is too complicated.
These bills are written in language that very hard to understand.
Maybe defund/repeal the Federal Reserve Act of 1913, which obamaumao the first signed (with zero press coverage) ANOTHER 100 damned years of farming out our national currency and control of our MONEY to a private bank (funded largely at the time and continuous to the present by J.P. Morgan Chase Bank. Whose current prez, Jamie Dimon says hes thinking of running for president of US. Imagine that the president of the principal LOANER of Trillions of printed fake/digital money to the Country, now wants to be Exectutive of the USA. Fat chance, lying screw).
December 2013 obamaumao the first signed on and Congress re-chartered (handy that relationship- the borrowers charter the bank they borrow from and send the BILL for the national Treasure and public debt to...the Taxpayers to pay for. Another form of taxation for these smarta@@ clowns playing with our M1 and M2 money... digitizing it and loaning it overseas without any vote of our Representatives. Thus, we do NOT control our own currency. And every paper denomination states “Federal Reserve Note”— therefore our money is not money at all but a Promissory Note. A complete fraud and lie on the Public. Renewed from 2013 for another 100 YEARS! Does not have to be- no way. to 2113!!
I think Trump sees economic growth as the fix,,,
In business, it's bad juju to back up ..
Not enough coming in to balance the budget and make a profit ..? Well .. cutting cost may mean losing a good productive person.
So what then ... find more for that productive person to do.
Remember ... oil was less then free ... you could get paid to take it. That's pretty impressive by any standard.
The text of the debt deal has been out for days and we still don’t know how badly McCarthy got rolled.
No- that Snake was someone else... the Clintoonian Foundation of international grifters of what is left of OUR money.
A snake who proudly tried to f the entire country— take me in “tender” (harridan) women, who was and IS as is that larger part of the demonrat party, not so silent snake that sells snake oil to people who do not have the mentation to understand, and the puerile “gibsmedat” of every persuasion who love voting themselves....money to be distributed.
The end of our Republic- according to de Tocqueville.
“Federal Reserve Note”
$20 gold coin > $20 gold certificate > $20 Federal Reserve Note > wallpaper
MARTA SARAVIA, SAINT ANSELM COLLEGE STUDENT: Hi, Mr. President.
TRUMP: Hi. Thank you.
SARAVIA: So, my question is, what do you think about the United States current debt situation, and how can we move forward?
TRUMP: Such an important question. So we’re at $33 trillion, a number that nobody ever thought possible.
When we had our economy rocking and rolling just prior to COVID coming in, like literally, we were making a fortune. And oil, we were going to make so much money from oil, we were going to start paying off debt.
But then with COVID coming in, we had to do other things. We had to keep this country alive because it was so serious. But we have to get the country back.
We have to lower energy prices. We have to lower interest rates. Interest rates are through the roof. Energy has to come down, it all has to come down and we have to start paying off debt.
But when we have a debt limit, and they use that very seriously. I mean, they came in – Schumer came in with Nancy Pelosi, and they were using, we’ll violate it, we’ll do whatever – they talked a whole lot different than they do right now.
I say to the Republicans out there – congressmen, senators – if they don’t give you massive cuts, you’re going to have to do a default. And I don’t believe they’re going to do a default because I think the Democrats will absolutely cave because you don’t want to have that happen. But it’s better than what we’re doing right now because we’re spending money like drunken sailors. You know the expression?
COLLINS: So, just to be clear, Mr. President, you think the U.S. should default if the White House does not agree to the spending cuts Republicans are demanding?
TRUMP: Well, you might as well do it now because you’ll do it later, because we have –
TRUMP: Well, you might as well do it now because you’ll do it later. Because we have to save this country. Our country is dying. Our country is being destroyed by stupid people, by very stupid people.
COLLINS: You once said that using the – that using the debt ceiling as a negotiating wedge just could not happen. You – you said that when you were in the Oval Office.
TRUMP: Sure, that’s when I was president.
COLLINS: So why is it different now that you’re out of office?
TRUMP: Because now I’m not president.
COLLINS: The U.S. defaulting would be massively consequential…
TRUMP: Well, you don’t know…
COLLINS: … for everyone in this room, for all Americans.
TRUMP: You don’t know. It’s psychological. It’s really psychological more than anything else. And it could be very bad. It could be, maybe, nothing. Maybe it’s – you have a bad week or a bad day, but, look, you have to cut your costs. We’re – we’re spending $7 trillion on – much of it on nonsense – $7 trillion on nonsense.
COLLINS: We’ve got another question from a voter tonight.
TRUMP: I actually said get all of that money that was wasted and, frankly, the Senate should have never approved it. Get all that money that was wasted. And if they don’t get rid of that, you’ll have to default.
COLLINS: Mr. President…
TRUMP: OK? You’ll have to default.
COLLINS: Mr. President, we’ve got another voter here tonight…
TRUMP: And, by the way, you’re going to default eventually, anyway, but it’s going to be much messier. I don’t think you’ll have to default. I think, if the Republicans hold strong and they say “We want five” – let’s say, “We want $5 trillion off,” I really think the Democrats have no choice but to do it. And if I win, they’re going to be doing the same thing to me in two years, I guarantee you that. They’re going to play a very hardball game…
COLLINS: Mr. President, we’ve got another voter here tonight…
TRUMP: … and they did that before.
Or, if you like a comparison the 1 Trillion Zimbabwe notes used as wall paper for protest of Robert Mugabe who shipped the entire wealth of the country to his Swiss bank account.
Some of the wealth btw provided by purchase of Zimbabwe-Marxist seized private farms growing burley tobacco under contract to R.J. Reynolds of Winston-Salem, NC. Talk about globalist bullcrap artists, their RINO owned a@@hole Senator Tillis is their BOY. A real turd- who goes on radio in NC to announce “helping” the poor jackasses who chew the crap they sell from grown in Zimbabwe to NC “farmers” who mostly cannot compete with Zimbabwe burley prices. Fiefdoms owned by Reynolds, and before that American Tobacco (aka The Dukes, Bull Durham etc.)
On a tax basis vs. actual revenue— zero income to the US- no matter what they say they are “paying”. Partners one of many to private banking consortiums. Oh to have Andrew Jackson break up this “BANK” and get our currency back into the hands of the liars in Congress to be dealt with as they should. Gone— zoom!
Russia, Russia, Russia, Impeachment 1, Impeachment 2 and Special Prosecutor Investigation…..
Was Trump wrong March 2017, when he accused the Obama/Biden Administration of spying him?
Name a recent POTUS who was as successful as Trump? Look at what Trump accomplished:
Gas price per gallon was about $2.30;
Inflation about 1.4%, mortgage rates were half of what they are now;
Unemployment was low before Covid and before Blue Governors shut everything down and we were in the midst of a V-shape recovery until January 22, 2021;
Tax decrease; tax laws promoted small businesses as well as large;
US enjoyed energy independence - No Green Agenda, no war on energy, No Paris Treaty;
No war in Ukraine, no threat of nuclear war, NATO paid its way;
China was quiet and we were winning the trade war;
US companies were bringing home the jobs due to well executed tax treatments;
Peace in the Middle East aka Abraham Accords; US Embassy moved to Jerusalem; and Iran was isolated.
Got three non-left “I don't know what a woman is” Supreme Court Justices on the bench allowing Roe vs Wade to be overturned.
Who the heck can accomplish the above in four years while being impeached twice and investigated by Obama's Weaponized Agencies?
Due to simple minded voters, elections are allowed to be stolen, idiot Democrat and RINO leadership goes on without question and Freepers like you dump on Trump.
I don’t see any criticism of the budget deal or Kevin McCarthy, of course it would be hard to be critical of McCarthy when he’s your handpick choice.
Exactly what promises has he broken?
Exactly what promises has he broken?
And now Massie signed onto this stupid deal when he had even more leverage to block it (from what I've read here). As is always the case, these @ssholes stand up and sanctimoniously stand for their principles when their votes don't matter ... but when they're in a spot to actually do something about upholding those principles they collapse like wet noodles.
Trump was smart to distance himself from this whole fiasco. He wasn't going to influence the vote in either direction, and there was going to be political hell to pay no matter which side he took.
See Post #38. There probably isn’t a single loser in Washington who has any interest in “reining in spending.”
Trump shut the government down gor a month and almost no Repukes stood with him. They were on the “shows” daily trying to turn the screws on him. All of a sudden everyone’s a deficit hawk? Screw the Repukes.
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