Lying Yellow journalism, the Ball is in Bidens court, HE OWNS IT!!!
Heh. Right.
Can’t Janet Yellen and her minions develop a priority of payments schedule to insure we pay the interest on our debt before other obligations are paid?
Janet Yellen is yelling at the wrong person; and Yellen is wrong again.
First, she has the money to not default.
Second the ball is in Biden's court.
Is his dementia so bad that he does not know that?
Any discussion involving the words “China” and “debt” should point out that it’s been many decades since China made payment on the $1.6 trillion in treasuries that American bondholders bought to help them build a railroad.
Concern trolling by The Shill. As usual.
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Baloney… when Reagan was president, we were the worlds creditor nation. Now we are the biggest debtor in all of human history. Time to cut spending hard. And I notice on the list of all the things that will suffer, Ukraine is nowhere to be seen.
These anti-American progressives like to cite Reagan on that point, but fail to point out that Congress passed an annual budget in those days. Now they just blast money down a rat hole.
What a lie.
We are not defaulting on our debt, regardless of the outcome of the debt ceiling negotiations.
There is enough tax revenue coming in to pay our debts (1st priority) and entitlements (2nd priority).
Now, this demented group of zealots might intentionally stop paying our debts (illegal) to make a point and the press will follow in lockstep; but constitutionally, the debt is fine; we can easily afford it. Yes, some parks might close, etc., like last time, but we can handle that.
Hoping McCarthy stays true. So far, so good.
The entire deficit could be solved in less than 10 years if the government simply took every department’s and agency’s budget and stuck to an INCREASE of 1% per year. No cuts, just slower increases, applied consistently. The mere fact of such a program would cut the inflation rate (and interest rates) quite dramatically, helping the economy immensely and actually speeding up the elimination of the deficit. Continue it or 5 more years, and you’ll actually cut the debt level by a couple trillion and, more importantly, cut the debt: GDP ration immensely. The dollar might actually be worth something if we did that.
But these corrupt F@#KS in both parties have to continue playing games with our nation’s very future...and we can’t even supply Ukraine with enough munitions to fight a war without wiping out our stocks. Great use of our (and our kids’ and grandkids’) money, you incompetent government jackholes!!!
Notice cutting Government spending is never an option. Our leaders would rather kill every 65+ person in America than cut government bloat