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1 posted on 06/27/2023 12:43:12 PM PDT by Twotone
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To: Twotone

*The nation’s borrowing limit is suspended until Jan. 1, 2025, under the Fiscal Responsibility Act*

Why call it that? A responsible act would be a balanced budget.


2 posted on 06/27/2023 12:50:50 PM PDT by DIRTYSECRET (e allowed )
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To: Twotone

Who would ever want to be the next President (besides someone who wants to grift their position to make their family rich with donations and fake corporate board positions and consulting gigs for which they have no qualifications). The economy is now in a prolonged and far over-stretched delay toward a reckoning. The debt that keeps getting kicked down the road (and massively added to by more than just the interest) is basically suicidal. The types of hard decisions to be made where you basically have to tell everyone it’s time to suck it up because the sacrifices will cut deep are not going to go over well.


5 posted on 06/27/2023 12:57:19 PM PDT by z3n (Kakistocracy)
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To: Twotone
Let’s see how things go this year first. So far that isn’t good. There isn’t a debt limit - yeah, it was eliminated despite reading article after article saying it was increased. Next up will be appropriations, supposedly under regular order. My bet is just before Oct 1, the only agreement made is to kick the can down the road. Then we get another omnibus bill on Christmas Eve that saves democracy and every other crisis on the face of the earth.

What are the odds on the over for a $3.5 trillion budget deficit next year? 4:5?

6 posted on 06/27/2023 12:58:55 PM PDT by ConservativeInPA (Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself.)
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To: Twotone

If the 2024 presidential victor is a Republican, the public will be told it is his/her fault.

If the 2024 presidential victor is a demonrat, the public will be told that it was the fault of the 2023 congress.


7 posted on 06/27/2023 12:59:46 PM PDT by Reddy (BO stinks)
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To: Twotone

If the economy is growing then DC can spend more, if it is shrinking then it makes it harder to spend more. Not that they won’t use the old stimulate the economy ruse so they can continue to spend more. Why do they need to spend more? Votes.


9 posted on 06/27/2023 1:06:59 PM PDT by dblshot
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To: Twotone
the impending expirations of both the 2017 tax law as well as subsidies included in Obamacare.

Obamacare is an EASY FIX!! Mandate ALL Public Employee's NATIONWIDE enroll in Obamacare for their primary health care provider, while making it ILLEGAL for ANY government entity to spend taxpayer funds on ANY Health Insurance of any kind. Oh and NO MORE SUBSIDIES for anyone. If Obamacare is so great, it can stand on it's own. Obamacare is Solved
11 posted on 06/27/2023 1:13:40 PM PDT by eyeamok
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To: Twotone

The money is fake.

It’s all a stupid charade.


12 posted on 06/27/2023 1:16:06 PM PDT by Jim Noble (Make the GOP illegal - everything else will follow)
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To: Twotone

The best solution would be to split the country. Let the Blue states keep the legal status as the United States and the new one will start debt free. It will at least be amusing to see them try to fix the debt by “investing” in gender studies majors and green energy ponzi schemes.


13 posted on 06/27/2023 1:48:01 PM PDT by Dat
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To: Twotone

Congress will need to deal with it first. Good luck with that.


15 posted on 06/27/2023 2:09:29 PM PDT by Brilliant
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