Talk is cheap. They’ll increase the dept ceiling with targeted cuts ten years out. (Actually I have higher hopes this time, but I’m a realist)
Kinda late to the party.
democrats are the number 1...
but debt is a close 2nd.
The “debt service” that comes with the debt is what is so detrimental. Ironically, if we had lived within our means in decades past, government spending could be at current levels without deficits and no debt because so much of the current budget/spending is to fund the debt service.
Surely he meant to say Global Warming.
I thought “tax cuts” were going to take care of the deficits because they would produce more revenue to cover continued spending (if you believe that then I have some beachfront property in Arizona to sell you, and not in Lake Havasu either).
I disagree, I see the greatest threat to this country the same as it was in 1859, the DEMOCRAT PARTY.
Wrong, but a good example of misdirection. The greatest threat to our future are those who are allowed to drive our national debt off the cliff. The group is easily identified by its continuing efforts.
Wrong, Dingbat!
This draconian tyranny we are existing under is the biggest threat to our already bleak future...
Freaking nitwit...
“Since when Kevin?”
I’ll believe it only if the GOP majority in the House refuses to raise the debt limit.
These constant increases in the national debt are one of, if not the, primary source of inflation.
Treasury debt is included in the largest measure of the U.S. money supply. If it gets purchased by the Fed, and it usually does, the quantity of dollars increases, devaluing the ones that you hold.
not china. Not fetanyl. not open borders. Spend trillions on Ukraine, and now he says the Debt is our greatest threat. Makes total sense.
I agree that is a big threat but illegal immigration and China are bigger.
Kinda late to be giving a speech after he already threw away our best leverage by saying there is no chance for a default...
Well that’s a bad threat to our future, Kevin, Yes.
But your body, the U.S. Legislature, and the ones that come out of it to rule the Executive Branch are by far the greatest threat to our future.
From related threads...
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
“If the tax be not proposed for the common defence, or general welfare, but for other objects, wholly extraneous, (as for instance, for propagating Mahometanism among the Turks, or giving aids and subsidies to a foreign nation, to build palaces for its kings, or erect monuments to its heroes,) it would be wholly indefensible upon constitutional principles [emphases added].” — Justice Joseph Story, Commentaries on the Constitution 2 (1833).
”Simply this, that the care of the property, the liberty, and the life of the citizen, under the solemn sanction of an oath imposed by your Constitution, is in the States and not in the federal government [emphases added]. I have sought to effect no change in that respect in the Constitution of the country.” —John Bingham, Congressional. Globe. 1866, page 1292 (see top half of third column)
"From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added]." —United States v. Butler, 1936.
Pelosi: "We have to pass the bill so that you can find out what is in it." (non-FR; 6 sec.)
“Cherish, therefore, the spirit of our people, and keep alive their attention. If once they become inattentive to the public affairs, you and I, and Congress and Assemblies, judges and governors, shall all become wolves [emphasis added]. It seems to be the law of our general nature.” - Thomas Jefferson (Letter to Edward Carrington January 16, 1787)
The bottom line...
All MAGA patriots need to wake up their RINO federal and state lawmakers by making the following clear to them.
If they don’t publicly support either a resolution, or a Constitutional Convention, to effectively "secede" ALL the states from the unconstitutionally big federal government by amending the Constitution to repeal the 16th (direct taxes) and 17th (popular voting for federal senators) Amendments (16&17A), doing so before the primary elections in 2024, that YOU will primary them.
If the proposed amendment was limited strictly to repealing 16&17A, relatively little or ideally no discussion would be needed before ratification of the amendment imo.
With 16&17A out of the way, my hope is that Trump 47 becomes the FIRST president of a truly constitutionally limited power federal government.
In the meanwhile, I'm not holding my breath for significant MAGA legislation to appear in the first 100 days of new term for what may still prove to be another RINO-controlled House.
Trump will hopefully do another round of primarying RINOs for 2024 elections.
The debt is a huge problem but it’s not the number one problem. Our biggest problem is we’ve turned our backs on God as a nation. He’s the only one who can save the USA this late but only if we humble ourselves and repent. With the national religion of pride chances are that won’t happen.