Debt ceiling thread, 2023 edition

[Winehole23]

Debt ceiling brinksmanship is a GOP specialty when Dems are in power; oddly, it never comes up when a Republican is president.

No both sides here, threatening to put the USA in default is a Republican specialty. Congress shouldn't interfere with the US's ability to pay its obligations, it would be altogether better if Congress passed automatic stabilizers to prevent political jousting.



The US could default on its obligations as soon as June 1 if Congress doesn’t address the debt limit (https://www.cnn.com/2023/01/18/politics/debt-ceiling-deadline-congress/index.html) before then, Treasury Secretary Janet Yellen said Monday.

“After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time,” Yellen wrote in a letter (https://home.treasury.gov/system/files/136/Debt_Limit_Letter_Congress_Members_05012023.pdf) to House Speaker Kevin McCarthy.

The accelerated timetable increases pressure on President Joe Biden and House Republican lawmakers to ramp up their debt ceiling discussions. After months of talks being at a standstill, the president called all four congressional leaders (https://www.cnn.com/2023/05/01/politics/joe-biden-debt-limit-talks/index.html) on Monday afternoon and invited them to a May 9 meeting.

Yellen warned that the actual date that Treasury exhausts its ability to pay the government’s bills on time and in full could be “a number of weeks later than these estimates.” She noted that it’s impossible to pinpoint an exact date since the amount of revenue the federal government collects and the amount it spends is variable.
https://www.cnn.com/2023/05/01/politics/debt-ceiling-yellen-congress-default/index.html

[steak n eggs]

I'd be fine with the Democrats figuring out a way to cut spending and then refuse to increase it for the Republicans if the roles are reversed. There isn't anything wrong with being fiscally responsible. Why even have a debt ceiling though if it just keeps getting increased? Keep kicking the can down the road I suppose and just find more ways to squeeze the average American. That must be why the government needs to track those $600 transactions that everyone is getting rich off of.

[CosmicCowboy]

Must not be a big priority if Joe couldn't fit debt negotiations in until the 9th.

[ChumpDumper]

Must not be a big priority if Joe couldn't fit debt negotiations in until the 9th.

What's to negotiate?

[CosmicCowboy]

What's to negotiate?

political reality.

Biden gambled McCarthy couldn't get a consensus from his hardliners to pass something. He did.

Balls in Biden's court.

[ChumpDumper]

political reality.

Biden gambled McCarthy couldn't get a consensus from his hardliners to pass something. He did.

Balls in Biden's court.

How does one negotiate reality?

[CosmicCowboy]

How does one negotiate reality?

One doesn't negotiate reality, one accepts reality. There will have to be some negotiation to get the debt ceiling passed. They might as well get started.

[baseline bum]

One doesn't negotiate reality, one accepts reality. There will have to be some negotiation to get the debt ceiling passed. They might as well get started.

Reality is McCarthy's donors will lose huge sums of money and have his balls if he leads the nation to a default.

[baseline bum]

I'd be fine with the Democrats figuring out a way to cut spending and then refuse to increase it for the Republicans if the roles are reversed. There isn't anything wrong with being fiscally responsible. Why even have a debt ceiling though if it just keeps getting increased? Keep kicking the can down the road I suppose and just find more ways to squeeze the average American. That must be why the government needs to track those $600 transactions that everyone is getting rich off of.

LOL hearing about fiscal responsibility from a GOP voter

[Winehole23]

One doesn't negotiate reality, one accepts reality. There will have to be some negotiation to get the debt ceiling passed. They might as well get started.holding the US credit rating hostage is highly irresponsible and unethical; it should be raised as a matter of course. using it as political leverage is fucked up.

[CosmicCowboy]

Reality is McCarthy's donors will lose huge sums of money and have his balls if he leads the nation to a default.

MccCarthy will have enough problems getting whatever is the final negotiated result past his far right hard liners. Bidden needs to give him something.

[Winehole23]

You sure didn't see CC and the Republican hive mind standing up for fiscal probity when Trump was running up the deficit. Nor George Bush.

Only happens when a Dem is in the White House.

[ChumpDumper]

holding the US credit rating hostage is highly irresponsible and unethical; it should be raised as a matter of course. using it as political leverage is fucked up.

It shouldn't exist.

[baseline bum]

MccCarthy will have enough problems getting whatever is the final negotiated result past his far right hard liners. Bidden needs to give him something.

Biden doesn't need to give him shit. If the GOP leads us into defaulting on our debt and sends us into a depression that's the end of the ruling class funding them.

[Winehole23]

It shouldn't exist.
Yep. The US should pay its bills as a matter of course. Starving the Treasury to the point that it can't is a failure of basic governance.

[CosmicCowboy]

Yep. The US should pay its bills as a matter of course. Starving the Treasury to the point that it can't is a failure of basic governance.

on both sides.

They have had months to discuss debt reduction.

Both sides knew this day was coming.

[Winehole23]

on both sides.

They have had months to discuss debt reduction.

Both sides knew this day was coming.Republicans announced they would do this right after the midterms. It's political vandalism.

[baseline bum]

on both sides.

They have had months to discuss debt reduction.

Both sides knew this day was coming.

Fuck your bothsidesism. Only your side is holding the nation hostage here.

[CosmicCowboy]

Fuck your bothsidesism. Only your side is holding the nation hostage here.

Biden asked the Republicans for a proposal.

He has one now.

Balls in his court.

You can fucking hate me and politics but that is just how this shit works in DC.

[ChumpDumper]

both sides:lmao

Your side wants to willingly ruin the economy.

[CosmicCowboy]

Not the first time it's been used and won't be the last.

Your boy Joe voted against raising the debt ceiling in 2006.

[CosmicCowboy]

On March 16, 2006, Senate Republicans voted to raise the debt ceiling, with Senate Democrats largely voting against the statutory limit of the country’s debt.

Then-Sen. Biden voted in lock step with Senate Democrats against this bill, which would raise the debt ceiling from $8.184 trillion to $8.965 trillion.

During his Senate floor speech explaining his vote against the debt ceiling increase, Biden lashed into then-President Bush, claiming Bush did not do enough to balance the budget or pay down the debt.

[ChumpDumper]

Not the first time it's been used and won't be the last.

Your boy Joe voted against raising the debt ceiling in 2006.boomertalkingpoints.com

Yeah, he wanted to ruin the economy because he had the votes to do it!

Both siiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii iiiiiidezzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzz.

[CosmicCowboy]

boomertalkingpoints.com

Yeah, he wanted to ruin the economy because he had the votes to do it!

Both siiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii iiiiiidezzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzz.

too much coffee this morning? :lmao

[ChumpDumper]

too much coffee this morning? :lmaoLook up your talking points and tell me when the Democrats actually threatened to default.

I'll wait.

[CosmicCowboy]

Look up your talking points and tell me when the Democrats actually threatened to default.

I'll wait.

I just took Joe at his word. Deficit reduction is really important to him. I'm waiting to see his counter proposal. You know there will be one.

and LOL @ you and YOUR talking points.

[Winehole23]

I just took Joe at his word. Deficit reduction is really important to him.

and LOL @ you and YOUR talking points.
If y'all are so serious about deficit reduction, why did y'all sit in your hands when Trump was running it up?

Oh, that's right, you got a tax cut, ~ $2t worth, without any offsetting budget cuts.

[Winehole23]

Seems like that would have been a good moment to negotiate deficit reduction, but for some reason, that wasn't a Republican priority.

Tax cuts aren't deficit neutral, btw.

[CosmicCowboy]

If y'all are so serious about deficit reduction, why did y'all sit in your hands when Trump was running it up?

Oh, that's right, you got a tax cut, ~ $2t worth, without any offsetting budget cuts.

more whataboutism. Pot calling kettle black. I'm not in fucking congress.

[Winehole23]

more whataboutism. Pot calling kettle black. I'm not in fucking congress.tax cuts are related to fiscal balance.neither of those is related to the debt ceiling. debt ceiling "negotiation" is a sort of whataboutism all by itself.

[ChumpDumper]

I just took Joe at his word. Deficit reduction is really important to him. I'm waiting to see his counter proposal. You know there will be one.

and LOL @ you and YOUR talking points.

CC folds.

[CosmicCowboy]

CC folds.

LOL Chump is hallucinating. Biden will negotiate.

And chump FACTS are not talking points. Boden voted against raising the debt limit in protest of deficits.

[ChumpDumper]

LOL Chump is hallucinating. Biden will negotiate.

And chump FACTS are not talking points. Boden voted against raising the debt limit in protest of deficits.
:lol of course it's a talking point.

It was published explicitly for people like you to talk about in places like this so you can distract form your disaster of a political party.

You ran away from the facts when you were asked about them.

You folded and now you're pissed I'm pointing it out.

[CosmicCowboy]

:lol of course it's a talking point.

It was published explicitly for people like you to talk about in places like this so you can distract form your disaster of a political party.

You ran away from the facts when you were asked about them.

You folded and now you're pissed I'm pointing it out.
:lmao

Chump claiming all FACTS that don't fit his position are "talking points". :lol

now claiming a "win"

what a fucking tool.

[ChumpDumper]

:lmao

Chump claiming all FACTS that don't fit his position are "talking points". :lol

now claiming a "win"

what a fucking tool.

OK, where did you get that quote?

I notice you didn't provide a link.

[CosmicCowboy]

OK, where did you get that quote?

I notice you didn't provide a link.

LOL goal post move. Are you saying it's not true?

you are such a fucking tool.

Again, FACTS are not partisan. They simply are facts. If you would like more history on Joes votes against raising the debt ceiling here is a good link from newsweek.

https://www.newsweek.com/senator-joe-biden-opposed-gop-debt-ceiling-votes-mitch-mcconnell-hasnt-forgotten-1635504

[ChumpDumper]

LOL goal post move. Are you saying it's not true?

you are such a fucking tool.

Again, FACTS are not partisan. They simply are facts. If you would like more history on Joes votes against raising the debt ceiling here is a good link from newsweek.

https://www.newsweek.com/senator-joe-biden-opposed-gop-debt-ceiling-votes-mitch-mcconnell-hasnt-forgotten-1635504

That article doesn't contain the quote you posted.

Where did you get the quote?

[CosmicCowboy]

That article doesn't contain the quote you posted.

Where did you get the quote?

From Joe Biden. Sorry the FACT is inconvenient to your talking points.

[ChumpDumper]

From Joe Biden. Sorry the FACT is inconvenient to your talking points.No. What you posted wasn't a Joe Biden quote:

On March 16, 2006, Senate Republicans voted to raise the debt ceiling, with Senate Democrats largely voting against the statutory limit of the country’s debt.

Then-Sen. Biden voted in lock step with Senate Democrats against this bill, which would raise the debt ceiling from $8.184 trillion to $8.965 trillion.

During his Senate floor speech explaining his vote against the debt ceiling increase, Biden lashed into then-President Bush, claiming Bush did not do enough to balance the budget or pay down the debt.

Where did you get this?

[CosmicCowboy]

Are you trying to say it's not true?

[ChumpDumper]

Are you trying to say it's not true?

I'm asking you where you got the quote.

It's a simple question.

[baseline bum]

Not the first time it's been used and won't be the last.

Your boy Joe voted against raising the debt ceiling in 2006.

Who gives a shit? It was a meaningless vote because the Republicans controlled all three branches at the time. Your side is threatening default and actually can force one.

[SnakeBoy]

Are you libs actually worried President Biden* will fail to get the debt ceiling raised?

[steak n eggs]

LOL hearing about fiscal responsibility from a GOP voter

LOL you thinking you know how I always vote. Typically, it's for the side I'm less tired of. Right now, I'm tired of everyone and it looks like the choice will be between Biden and Trump again. If the two parties run those two candidates against each other then you truly know these elections aren't about what's best for the country anymore.

[CosmicCowboy]

I believe that particular clip was from Breitbart after I googled "Biden voted against increasing debt ceiling'.

Too bad the truth doesn't fit your narrative

[baseline bum]

I believe that particular clip was from Breitbart after I googled "Biden voted against increasing debt ceiling'.

Too bad the truth doesn't fit your narrative

LOL trying to equate a symbolic meaningless vote vs one to actually send the country into default.

[CosmicCowboy]

LOL trying to equate a symbolic meaningless vote vs one to actually send the country into default.

So Biden didn't really believe that deficits were a problem when the total national debt was less than 9 trillion? Was he lying?

[baseline bum]

So Biden didn't really believe that deficits were a problem when the total national debt was less than 9 trillion? Was he lying?

Never ending bad faith arguments from Republicans like CC.

[CosmicCowboy]

Never ending bad faith arguments from Republicans like CC.

Inconvenient facts?

His own words are "bad faith arguments"?

[CosmicCowboy]

I have no doubt that neither Biden or McCarthy want to default on our debt.

Unfortunately if Biden doesn't throw McCarthy a bone or two he will have zero chance of getting enough votes to pass the debt ceiling.

That is an unfortunate truth.

[baseline bum]

Inconvenient facts?

His own words are "bad faith arguments"?

It's bad faith equating a meaningless vote made to score points against Bush's retarded tax cuts for the rich with a vote to put the nation into default.

[baseline bum]

I have no doubt that neither Biden or McCarthy want to default on our debt.

Unfortunately if Biden doesn't throw McCarthy a bone or two he will have zero chance of getting enough votes to pass the debt ceiling.

That is an unfortunate truth.

Extremely doubtful. McCarthy is going to have to bring a clean bill to raise the debt ceiling with Democrat votes because if he forces a default the ruling class will stop funding Republicans. McCarthy is a yapping dog with no bite here.

[baseline bum]

Funniest part will be when the dipshits like Boebert and Gaetz strip McCarthy's speakership over it once it's done.

[CosmicCowboy]

Funniest part will be when the dipshits like Boebert and Gaetz strip McCarthy's speakership over it once it's done.

I will be the first to admit that Boebert, Gaetz, Greene, etc. are an embarrassment.

[ChumpDumper]

Breitbart :lmao

"I believe"

It's a website that generates right wing talking points.

[ChumpDumper]

I have no doubt that neither Biden or McCarthy want to default on our debt.

Unfortunately if Biden doesn't throw McCarthy a bone or two he will have zero chance of getting enough votes to pass the debt ceiling.

That is an unfortunate truth.

Lots of elected officials in your party are just fine with defaulting.

If you have a Breitbart bothsidez talking point showing Democrats saying the same, go ahead and post it.

[CosmicCowboy]

:lmao

"I believe"

It's a website that generates right wing talking points.


LOL Chump still claiming inconvenient TRUTHS are "talking points". I posted a link to Newsweek discussing the exact same thing. When did Newsweek become a source of right wing "talking points"? Your obsession with trying to score points just makes you look ridiculous.

[ChumpDumper]

LOL Chump still claiming inconvenient TRUTHS are "talking points". I posted a link to Newsweek discussing the exact same thing. When did Newsweek become a source of right wing "talking points"? Your obsession with trying to score points just makes you look ridiculous.

:lol No one ever said what you posted wasn't true. It just doesn't matter.
:lol Trying to be macho fighting your straw man.
:lol I believe it maybe was Breitbart. I don't recall.

[CosmicCowboy]

:lol No one ever said what you posted wasn't true. It just doesn't matter.
:lol Trying to be macho fighting your straw man.
:lol I believe it maybe was Breitbart. I don't recall.

:lol says the chump moving the goal post and bickering over "source" like it fucking matters when he knows its true. Fucking pathetic.

[ChumpDumper]

:lol says the chump moving the goal postWhat was the goalpost move?

If you have a talking point saying Biden wanted to default, go ahead and Breit your Bart.

If you have Democrats even threatening a shutdown or default over the budget, post it.

[CosmicCowboy]

and its fucking hilarious that when backed into a corner Chump claims "the truth doesn't matter". :lol

[ChumpDumper]

and its fucking hilarious that when backed into a corner Chump claims "the truth doesn't matter". :lol

It doesn't matter because Biden never threatened default.

Do you understand why your Breitbart talking point doesn't matter?

[CosmicCowboy]

If you have Democrats even threatening a shutdown or default over the budget, post it.

That's exactly what he is doing now by refusing to even talk about budget cuts. Partisan politics over the good of the country. He is hoping the crazies on the Republican side will refuse to pass it so he can blame the inevitable inflation and recession on Republicans.

[ChumpDumper]

That's exactly what he is doing now by refusing to even talk about budget cuts. Partisan politics over the good of the country. He is hoping the crazies on the Republican side will refuse to pass it so he can blame the inevitable inflation and recession on Republicans.They will be to blame.

It's their threat.

This threat never exists when Democrats control the House.

[baseline bum]

That's exactly what he is doing now by refusing to even talk about budget cuts. Partisan politics over the good of the country. He is hoping the crazies on the Republican side will refuse to pass it so he can blame the inevitable inflation and recession on Republicans.

LOL no McCarthy is threatening default. A clean debt ceiling bill will likely get most Democrats in the house voting for it. You're the ones acting like terrorists here, though it's an empty threat because if there is one thing 2020 showed us, it's that the stock market will be protected at all costs because the main axiom of America is the rich can feel no pain. And they would feel worlds of pain if McCarthy defaults. Biden has no reason to cater to their empty threat.

[CosmicCowboy]

So Biden says he will negotiate budget cuts after they pass a clean debt ceiling bill. Lets assume Republicans do exactly that when they realize there is no other choice.

Odds are about 10-1 Biden's handlers then shits backwards on budget talks after they get their bloated budget passed.

[ChumpDumper]

So Biden says he will negotiate budget cuts after they pass a clean debt ceiling bill. Lets assume Republicans do exactly that when they realize there is no other choice.

Odds are about 10-1 Biden's handlers then shits backwards on budget talks after they get their bloated budget passed.

Well, let's have a look at the proposed Republican budget so we know their starting point.

[ducks]

political reality.

Biden gambled McCarthy couldn't get a consensus from his hardliners to pass something. He did.

Balls in Biden's court.

[ducks]

They will be to blame.

It's their threat.

This threat never exists when Democrats control the House.

The democracts never passed a bill to send to the senate

[ducks]

Must not be a big priority if Joe couldn't fit debt negotiations in until the 9th.

[ducks]

No. What you posted wasn't a Joe Biden quote:

On March 16, 2006, Senate Republicans voted to raise the debt ceiling, with Senate Democrats largely voting against the statutory limit of the country’s debt.

Then-Sen. Biden voted in lock step with Senate Democrats against this bill, which would raise the debt ceiling from $8.184 trillion to $8.965 trillion.

During his Senate floor speech explaining his vote against the debt ceiling increase, Biden lashed into then-President Bush, claiming Bush did not do enough to balance the budget or pay down the debt.

Where did you get this?
Do you own homework
You lazy liberal just want a hand out

[ducks]

No. What you posted wasn't a Joe Biden quote:

On March 16, 2006, Senate Republicans voted to raise the debt ceiling, with Senate Democrats largely voting against the statutory limit of the country’s debt.

Then-Sen. Biden voted in lock step with Senate Democrats against this bill, which would raise the debt ceiling from $8.184 trillion to $8.965 trillion.

During his Senate floor speech explaining his vote against the debt ceiling increase, Biden lashed into then-President Bush, claiming Bush did not do enough to balance the budget or pay down the debt.

Where did you get this?


Look it up it is a matter of Public record
He gave you the date

[ChumpDumper]

The democracts never passed a bill to send to the senate
What does that even mean?

Do you own homework
You lazy liberal just want a hand out
He had already done the homework. All he had to do was show his work.

Look it up it is a matter of Public record
He gave you the date
:lol That wasn't what I asked.

Pay attention.

[ElNono]

I just took Joe at his word. Deficit reduction is really important to him. I'm waiting to see his counter proposal. You know there will be one.

and LOL @ you and YOUR talking points.

There's a place for deficit reduction, it's called the budget and appropriations. Not the debt ceiling.

[ElNono]

So Biden says he will negotiate budget cuts after they pass a clean debt ceiling bill. Lets assume Republicans do exactly that when they realize there is no other choice.

Odds are about 10-1 Biden's handlers then shits backwards on budget talks after they get their bloated budget passed.

That's democracy at work. Look, if the McCarthy boomers want to watch the world burn, they have to own it. That's exactly why McCarthy has no leverage here.

And when all is said and done, the deficit as a portion of the GDP is likely going to be smaller under this administration than the previous one.

[Trainwreck2100]

So Biden says he will negotiate budget cuts after they pass a clean debt ceiling bill. Lets assume Republicans do exactly that when they realize there is no other choice.

Odds are about 10-1 Biden's handlers then shits backwards on budget talks after they get their bloated budget passed.

Then, good news, the Republicans wouldn't have to pass the budget

[Winehole23]

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.https://www.nytimes.com/2023/01/23/opinion/fourteenth-amendment-debt-ceiling.html

[Winehole23]

President Joe Biden said on Friday he was not yet ready to invoke the 14th Amendment to avoid the United States defaulting on its debts as early as June 1, comments which for the first time suggested he has not ruled out the option.https://www.reuters.com/world/us/biden-says-not-yet-ready-invoke-14th-amendment-avoid-debt-default-2023-05-06/

[Winehole23]

I'm more and more convinced that the simplest way out of the debt-ceiling morass would be to start issuing perpetual bonds or consols (sometimes dubbed "Peter-Pan" bonds, since they never mature or grow up )which simply offer a fixed payment every year, with no face value. This would seem to be immune to court challenges -- unlike the constitutional gambit or the platinum coin. The Republicans in the House are manifestly crazy, so there's no hope there.


One question is how much bigger the term premium would be to borrow longer term in this way.


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6 comments:https://resources.blogblog.com/img/blank.gif
Anonymous said..."One question is how much bigger the term premium would be to borrow longer term in this way."

British Consol debt was remarkably rater stable for decades, only losing ground as the Pound began to seriously falter:

https://fred.stlouisfed.org/graph/?g=fRnr

January 4, 2017

Consol (Long-term bond) yields in United Kingdom, 1855-2016

May 7, 2023 at 10:57 AM (https://econospeak.blogspot.com/2023/05/peter-pan-to-rescue.html?showComment=1683471455482#c27970154706 29925207)

https://econospeak.blogspot.com/2023/05/peter-pan-to-rescue.html

[Winehole23]

Republicans won't negotiate. It was never about negotiation. They want unilateral cuts.

Chances are Biden will budge and Republicans won't.

Brandon should tell Republicans to pound sand and mint the coin/invoke the 14th, etc.

1658184438503596061

[Winehole23]

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[scott]

I just took Joe at his word. Deficit reduction is really important to him. I'm waiting to see his counter proposal. You know there will be one.

and LOL @ you and YOUR talking points.

I mean, the deficit has been reduced every year of Biden's presidency, much like it was in almost every year of Obama's presidency (all but his last year in office). In fact, McCarthy's Daddy Trump is the only President in modern history to successively increase the deficit each year of his Presidency :lol

[baseline bum]

I mean, the deficit has been reduced every year of Biden's presidency, much like it was in almost every year of Obama's presidency (all but his last year in office). In fact, McCarthy's Daddy Trump is the only President in modern history to successively increase the deficit each year of his Presidency :lol

LOL Republicans and the deficit. Just sounds better to bitch about the deficit rather than say they want lower taxes on American oligarchs.

[scott]

LOL Republicans and the deficit. Just sounds better to bitch about the deficit rather than say they want lower taxes on American oligarchs.

I'm honestly surprised that Democrats don't run more on the spending considering how much better at it they are than Republicans, but then I remembered GOP voters will pretty much believe anything the GOP tells them, regardless of accuracy.

https://media-cldnry.s-nbcnews.com/image/upload/t_fit-560w,f_auto,q_auto:best/rockcms/2022-10/deficit-7a479f.png

[TDMVPDPOY]

so have they paid down any of the debt yet?


paying interest to foreign govts who bought american debt bonds....who then go buy private/public assets/utilities, holding everyone to ransom :(

[SnakeBoy]

"WASHINGTON High-stakes talks over raising the debit limit abruptly came to a halt Friday on Capitol Hill, after Republican negotiators walked out of the room and blamed the White House for holding up discussions.

"Until people are willing to have reasonable conversations about how you can actually move forward and do the right thing, then we're not gonna sit here and talk to ourselves," Rep. Garret Graves, R-La., told reporters.

Apparently Ole Joe is too senile to be reasonable

[ChumpDumper]

:lol yeah, you're the reasonable ones trying to destroy the economy over useless work requirements that only satisfy your emotions

[FuzzyLumpkins]

:lol yeah, you're the reasonable ones trying to destroy the economy over useless work requirements that only satisfy your emotions

And after several empirical trials, much like Kansas and supply side, it doesn't work.

[Winehole23]

1660432555915583490

[Extra Stout]

Folks here think the Republicans won’t actually go through with it because it would harm the oligarchs, but do they really control the party these days? Peter Thiel thought the shit-eating, cousin-fucking cracker agenda was kayfabe, but then the lights came on in his head that they really do want to throw him off a rooftop. The orcs would gladly burn down the economy to own the libs.

[baseline bum]

Folks here think the Republicans won’t actually go through with it because it would harm the oligarchs, but do they really control the party these days? Peter Thiel thought the shit-eating, cousin-fucking cracker agenda was kayfabe, but then the lights came on in his head that they really do want to throw him off a rooftop. The orcs would gladly burn down the economy to own the libs.

The oligarchs control McCarthy though. If Boebert, MTG, Gohmert, or Gosar was speaker then it would be a different story since they're white nationalists.

[Winehole23]

1659530013312417792

[ElNono]

The GOP doesn't have any leverage. If they want to watch the world burn, they'll have to own it.

The posturing right now on both sides is to ensure the blame game falls where it should.

[boutons_deux]

Since 2001, when the repugs came into office and ran through huge tax cuts for the wealthy and corporations, and when they repeated that in 2017, the repugs have cut taxes and increase subsidies for the wealthy and corporations at every possible chance

Now the repugs, cheap whores to the Capitalist oligarchy, refuse to raise revenue by $0.05 on the wealthy corporations while cutting trillions from the social safety net

They don't care that tens of millions of their poor WHITE voters will be hurt by cutting the social safety net

[Winehole23]

Ryan Cooper is right about the consistent tone of technocratic special pleading. A lot of what she talks about is about previously being out to lunch on economic trends.

1660742124822732801

[Winehole23]

McCarthy pwned, Republican far right, pissed off


On a House Freedom Caucus call Monday night, Rep. Ken Buck, R-Colo., floated using the motion to vacate (https://www.nbcnews.com/politics/congress/speaker-of-the-house-ousted-motion-to-vacate-rcna64902), a rule that would allow any member of Congress to force a vote to remove the speaker (https://www.nbcnews.com/politics/congress/mccarthy-faces-competing-interests-biden-debt-meeting-rcna83309), two sources familiar with the call told NBC News. Buck, speaking toward the end of the call, referred to it as the “elephant in the room,” one source said.

After House Freedom Caucus Chairman Scott Perry, R-Pa., suggested it might be too early for such a drastic threat, Rep. Paul Gosar, R-Ariz., proposed using the threat to force McCarthy to allow members to amend the bill on the House floor, under an "open rule" that could stall the bill's passage.
https://www.nbcnews.com/politics/congress/far-right-members-unhappy-debt-deal-float-threatening-mccarthys-speake-rcna86797

[Spurs Homer]

Not sure why repukes are upset with the deal their leader negotiated masterfully with the old senile illegitimate president who doesnt even know where he is?

:lmao:lmao


are they saying sleepy joe rolled mccarthy?

[Extra Stout]

They didn’t want any deal. They wanted the country to default in order to burn down the economy so that Biden would lose in 2024.

[Winehole23]

1663619991764180996

[Winehole23]

They didn’t want any deal. They wanted the country to default in order to burn down the economy so that Biden would lose in 2024.wrecking government, then proposing themselves as the party of national salvation is SOP.

[CosmicCowboy]

They didn’t want any deal. They wanted the country to default in order to burn down the economy so that Biden would lose in 2024.

Both sides have their outliers that don't like the deal and won't vote for it. For a change it is really a bipartisan agreement.

[Adam Lambert]

The House Freedom Caucus is well past outlier status for the GOP at this point.

[Blake]

Both sides have their outliers that don't like the deal and won't vote for it. For a change it is really a bipartisan agreement.

Neh, the Dems for the most part don't vote in ways just to pwn the Pubs

[Spurs Homer]

Both sides have their outliers that don't like the deal and won't vote for it. For a change it is really a bipartisan agreement.

just stop...

there should have been zero "negotiations" - this is just terrorists holding the country hostage.

You are a businessman - imagine this scenario:

You had a negotiation last year. You all agreed on a deal - LAST YEAR. The normal order of business was that this deal would be in effect until NEXT YEAR - when there would be another mtg - another negotiation.

Then there was a new board installed across town and the new board calls you and says, "we dont like the deal we made LAST YEAR- so we need another mtg to negotiate or we will blow up all our deals we agreed on, blow up all future deals, blow up the entire company as a matter of fact.

Then those guys would go to the press and say you are a horrible business man who is driving the business to bankruptcy and telling the press you HAVE TO sit down with them and re-negotiate again or IT IS YOUR FAULT if the company goes under.

This is basically what the GOP is doing and they do not give a shit if the entire economy goes to shit - since they cannot win elections anymore and have to steal them - THIS destroying of the economy is the ONLY way they might beat biden in 2024.

Just shameful terrorists.

The spending had already all been agreed to whether everyone liked it or not and when trump was in office the Dems could have played the same game and held the country hostage and believe me - Trumps criminality and 2 trillion gift to the 1 percent was reason enough to do it - but Dems put the country ahead of their anger and disagreement of how the GOP was wrecking the economy and the rich tax scam was nothing but robbing from the low and middle class to gift the rich. THREE TIMES - the dems swallowed their pride and voted to raise the debt ceiling anyway. The same GOP had zero issue with blowing trillions on their agenda for the rich back then at the expense of the rest of americans.

If you are honest you know all this is accurate. You are not.

[CosmicCowboy]

What exactly do you not like about the deal President Biden negotiated? Be specific.

[Spurs Homer]

What exactly do you not like about the deal President Biden negotiated? Be specific.


if that ^ was for me ….

you should never try to negotiate with terrorists

but since biden did - it seems to be better than the alternative so it will have to do
im fine with moving on

[ChumpDumper]

Should've just kept paying no matter what.

Debt ceiling is unconstitutional.

[FrostKing]

What exactly do you not like about the deal President Biden negotiated? Be specific.
Something "terrorism"

[Ef-man]

Should've just kept paying no matter what.

Debt ceiling is unconstitutional.

Having to negotiate VA care for veterans is major BS as well as not looking over DOD bloated spending.

Additional Republican BS: Not increasing taxes for very rich, reducing IRS employees to catch tax cheats; work requirement for poor getting food stamps.

[pgardn]

Having to negotiate VA care for veterans is major BS as well as not looking over DOD bloated spending.

Additional Republican BS: Not increasing taxes for very rich, reducing IRS employees to catch tax cheats; work requirement for poor getting food stamps.

Fear of making the IRS effective is indeed total BS.
If the fear of God was put into all the cheats the debt would go down.

[Blake]

Should've just kept paying no matter what.

Debt ceiling is unconstitutional.

I mean it's not that difficult that these people can't figure this out or don't already know. What else is it but letting the country burn for pwnage points.

[CosmicCowboy]

I mean it's not that difficult that these people can't figure this out or don't already know. What else is it but letting the country burn for pwnage points.

Who/what is burning? Hyperbole much?

[Blake]

Who/what is burning? Hyperbole much?

If we default, the economy will burn. No hyperbole. Do you really not know this?

[CosmicCowboy]

If we default, the economy will burn. No hyperbole. Do you really not know this?

It didn't default. Never thought it would. i still don't understand what you guys are whining about. A few insignificant cuts. No big deal.

[ChumpDumper]

:lol Republicans threaten the entire US economy and credit for years to come over insignificant cuts.

"No big deal."

I guess it's just how you guys roll these days.

Sure they wanted to overthrow the US government and install Trump as god-king -- but they didn't succeed this time. No big deal.

Let the bothsidesing begin.

[CosmicCowboy]

:lol Republicans threaten the entire US economy and credit for years to come over insignificant cuts.

"No big deal."

Did you really think they wouldn't come to some kind of compromise? And 150 billion of annual cuts in a 6.9 Trillion budget for 2024 is pretty fucking insignificant.

[ChumpDumper]

Did you really think they wouldn't come to some kind of compromise? And 150 billion of annual cuts in a 6.9 Trillion budget for 2024 is pretty fucking insignificant.
So why does your side have to threaten the United States over them on a regular basis?

What the fuck is wrong with you?

[CosmicCowboy]

So why does your side have to threaten the United States over them on a regular basis?

What the fuck is wrong with you?

What the fuck is wrong with you thinking that multi trillion dollar annual deficits forever is OK?

[ChumpDumper]

What the fuck is wrong with you thinking that multi trillion dollar annual deficits forever is OK?
Because we pay the debts that are owed. That's why our credit is good. Didn't see you bitching about your tax cuts.

CC folds.

[CosmicCowboy]

Because we pay the debts that are owed.

CC folds.

LMAO @ Chump always claiming other people "fold".

It is an unsustainable path and yes, both parties are responsible.

[ChumpDumper]

LMAO @ Chump always claiming other people "fold".You fold when you avoided a direct question like a coward.


It is an unsustainable path and yes, both parties are responsible.
Including you.

[CosmicCowboy]

You fold when you avoided a direct question like a coward.


Including you.

What question?

[ChumpDumper]

So why does your side have to threaten the United States over them on a regular basis?

What the fuck is wrong with you?

[baseline bum]

LMAO @ Chump always claiming other people "fold".

It is an unsustainable path and yes, both parties are responsible.

Your party is the one that blows up the deficit every single time it's in power since Reagan to give rich people more money and even worse your 2017 blowjob to corporations who just spent that money on stock buybacks. GTFO whining about deficits. You and the GOP don't give two shits about them and never have. Deficit talk is just PR for not taxing the rich.

[CosmicCowboy]

Biden could have sat down and discussed some budget compromises months ago. It didn't have to come down to the wire like this. 150 billion a year of cuts is better than nothing. Damn you whine a lot.

[ChumpDumper]

Your party is the one that blows up the deficit every single time it's in power since Reagan to give rich people more money and even worse your 2017 blowjob to corporations who just spent that money on stock buybacks. GTFO whining about deficits. You and the GOP don't give two shits about them and never have. Deficit talk is just PR for not taxing the rich.Yep.

[ChumpDumper]

Biden could have sat down and discussed some budget compromises months ago. It didn't have to come down to the wire like this. 150 billion a year of cuts is better than nothing. Damn you whine a lot.CC folds.

[CosmicCowboy]

Your party is the one that blows up the deficit every single time it's in power since Reagan to give rich people more money and even worse your 2017 blowjob to corporations who just spent that money on stock buybacks. GTFO whining about deficits. You and the GOP don't give two shits about them and never have. Deficit talk is just PR for not taxing the rich.

We don't have a taxing and revenue problem, we have a spending problem.

[ChumpDumper]

We don't have a taxing and revenue problem, we have a spending problem.Now it's not both sides.
:lol

[CosmicCowboy]

CC folds.

I answered your "question" dumbass.

[CosmicCowboy]

Now it's not both sides.
:lol

It's both sides, dumbass. I have never claimed the Republicans were blameless.

[ChumpDumper]

I answered your "question" dumbass.You absolutely did not.

Don't pretend you did.

That makes you a liar and a coward.

[baseline bum]

We don't have a taxing and revenue problem, we have a spending problem.

What a load of simple-minded parroted bullshit. You care about the deficit but you blow it up every time your party is in power since what you really want is for oligarchs to not have to pay for anything that makes the lives of regular Americans any better.

[ChumpDumper]

Your party is the one that blows up the deficit every single time it's in power since Reagan to give rich people more money and even worse your 2017 blowjob to corporations who just spent that money on stock buybacks. GTFO whining about deficits. You and the GOP don't give two shits about them and never have. Deficit talk is just PR for not taxing the rich.Republicans could have just raised the ceiling and work out cuts in the actual budget process which originates in the house.

CC pretends they couldn't.

[CosmicCowboy]

You absolutely did not.

Don't pretend you did.

That makes you a liar and a coward.

150 billion a year of cuts is better than no cuts. That answered your question.

[CosmicCowboy]

Republicans could have just raised the ceiling and work out cuts in the actual budget process which originates in the house.

CC pretends they couldn't.

The budget was passed in the lame duck session when Democrats still ran things. Quit lying.

[ChumpDumper]

150 billion a year of cuts is better than no cuts. That answered your question.No it did not.

That can be done in the actual budget.

So why does your side have to threaten the United States over them on a regular basis?

What the fuck is wrong with you?



I'll wait for an actual answer.

I expect you're going to whine more and resort to more personal insults that have nothing to do with the discussion.

[Blake]

Biden could have sat down and discussed some budget compromises months ago. It didn't have to come down to the wire like this. 150 billion a year of cuts is better than nothing. Damn you whine a lot.

https://www.whitehouse.gov/briefing-room/speeches-remarks/2021/10/04/remarks-by-president-biden-on-the-need-to-raise-the-debt-ceiling/

2021

[ChumpDumper]

The budget was passed in the lame duck session when Democrats still ran things. Quit lying.:lol cuts can't be made in the regular budget process going forward?

Please explain how Congress is forbidden to do anything but threaten not paying the debt that has already been accrued.

Only your side makes this a real possibility.

[CosmicCowboy]

https://www.whitehouse.gov/briefing-room/speeches-remarks/2021/10/04/remarks-by-president-biden-on-the-need-to-raise-the-debt-ceiling/

2021

It got raised. Why the whining?

[ChumpDumper]

150 billion a year of cuts is better than no cuts.What was the difference in budget deficits between FY2021 and FY2022?

Wasn't it like $1.4 trillion lower in 2022?

Why are you whining over 150 billion?

[CosmicCowboy]

What was the difference in budget deficits between FY2021 and FY2022?

Wasn't it like $1.4 trillion lower in 2022?

what happened in 2021 that was different?

[ChumpDumper]

what happened in 2021 that was different?COVID. We decided to bail out the wrong people. And the lower budget was passed without holding the US hostage.

How much did your Trump's tax cuts add to the debt you pretend to not like?

[ChumpDumper]

And these questions are still pending.

So why does your side have to threaten the United States over them on a regular basis?

What the fuck is wrong with you?

[CosmicCowboy]

And these questions are still pending.

So why does your side have to threaten the United States over them on a regular basis?

What the fuck is wrong with you?

I am not saying I advocate the debt ceiling negotiations but it seems like that is the only time we seriously acknowledge and talk about our ever increasing debt load.

[ChumpDumper]

I am not saying I advocate the debt ceiling negotiations but it seems like that is the only time we seriously acknowledge and talk about our ever increasing debt load.You just both sidesed your advocacy.

Maybe advocate your party's not blowing up the deficit every time they're in charge.

[CosmicCowboy]

You just both sidesed your advocacy.

I'm not stupid enough to "one side" it like you do. Both parties have their issues.

[baseline bum]

I am not saying I advocate the debt ceiling negotiations but it seems like that is the only time we seriously acknowledge and talk about our ever increasing debt load.

Your side sure never talks about the deficit when they're in power. They just blow it up.

[ChumpDumper]

I'm not stupid enough to "one side" it like you do. Both parties have their issues.You don't advocate changing any of your party's issues.

[CosmicCowboy]

You don't advocate changing any of your party's issues.

Sure I do. For starters

I am firmly pro-choice
I think we can spend our military budget much better.
I disagree with a lot of the social shit the Texas legislature wastes their time over.

[ChumpDumper]

Sure I do. For starters

I am firmly pro-choice
I think we can spend our military budget much better.
I disagree with a lot of the social shit the Texas legislature wastes their time over.
Did you ever vote for anyone other than a Republican in the past decade?

[CosmicCowboy]

Did you ever vote for anyone other than a Republican in the past decade?

yes I did. Not that its any of your fucking business. You have already admitted to only voting straight ticket.

[ChumpDumper]

yes I did. Not that its any of your fucking business. You have already admitted to only voting straight ticket.

Absolutely. I don't disagree with fundamental issues my party holds like you do. Also, your party wants to end real democracy in the US.

Which Democrats did you vote for?

[baseline bum]

We don't have a taxing and revenue problem, we have a spending problem.

Also we most definitely have a taxing problem.

1. By having a capital gains tax lower than the income tax we incentivize corporations to care only about stock price and thus trim workforce and invest their profits into stock buybacks since everyone who matters in the company is paid largely in stock so as to duck taxes.

2. We have a horrific health care system for anyone under 65 while the rest of the rich nations have figured out a national healthcare funded by taxes is both better and cheaper. God I hated arguing with insurance companies nonstop whenever my parents would have any kind of procedure and they would find something not to pay for or something would end up being out of network. So much easier now that they're on Medicare and the only worry now is price gouged medicine.

3. We have an educational system that's a debt trap for young adults. A lot of the rest of the rich nations have figured this out but in the US we don't invest in our future with taxpayer funded college, all we care about is preserving every penny of wealth of our past.

4. We have terrible infrastructure and won't invest in the high quality rail systems places like Japan and even China have. Instead we have a nation where everyone has to own a car and we're constantly at the mercy of OPEC because the oligarchy can't stomach any kind of spending that would make regular Americans' lives any better.

[Extra Stout]

Sure I do. For starters

I am firmly pro-choice
I think we can spend our military budget much better.
I disagree with a lot of the social shit the Texas legislature wastes their time over.
Socially moderate, fiscally conservative. A Bush 41 Republican.

Sorry, your kind doesn’t have any control over the Republican Party anymore. It is firmly in the hands of the shit-eating, cousin-fucking crackers. You might think that the populist rhetoric is just red meat to the rubes to grease the skids for plutocratic privileges, right until they start dropping people out of helicopters.

[ElNono]

We don't have a taxing and revenue problem, we have a spending problem.

So why keep on defunding the IRS? Why outright reject closing well known tax loopholes? Who largely benefits from that stuff?

What does any of this has to do with holding the country hostage over paying what Congress already spent? The problem with deals like this is that it sets a terrible precedent going forward.

[SnakeBoy]

You guys seem upset that Ole Joe folded. It's funny that he did considering that the GOP dgaf about debt/deficits, as Scott pointed out. If I was Joe, I wouldn't have made a deal without getting something for lib voters, like raising the minimum wage a dollar or even a penny.

[ChumpDumper]

You guys seem upset that Ole Joe folded. It's funny that he did considering that the GOP dgaf about debt/deficits, as Scott pointed out. If I was Joe, I wouldn't have made a deal without getting something for lib voters, like raising the minimum wage a dollar or even a penny.Someday someone is going to call your bluff and just keep paying the debt.

Unfortunately for you, our sense of self isn't wrapped up in Biden the way yours is with your loser Trump. We can accept his "folding" and you aren't even happy with it.

[Adam Lambert]

You guys seem upset that Ole Joe folded. It's funny that he did considering that the GOP dgaf about debt/deficits, as Scott pointed out. If I was Joe, I wouldn't have made a deal without getting something for lib voters, like raising the minimum wage a dollar or even a penny.

Ole Joe took the Freedom Caucus out to the ole woodshed. You're projecting again.

[ElNono]

You guys seem upset that Ole Joe folded. It's funny that he did considering that the GOP dgaf about debt/deficits, as Scott pointed out. If I was Joe, I wouldn't have made a deal without getting something for lib voters, like raising the minimum wage a dollar or even a penny.

I dislike the fact that he did this for his own political benefit, not what's best for the country in the short or long term.

One of these days Dems are going to stop being the adults in the room and saving the GOP from themselves, tbh... should've been this opportunity.

[Ef-man]

Eh, they are all politicians.

Here is the vote tally in House:

314 to 117. There were 149 Republicans and 165 Democrats who voted for the bill.

71 Republicans and 46 Democrats who voted against it.

[pgardn]

We don't have a taxing and revenue problem, we have a spending problem.

Bullshit.
We have seen what our ex president can do with taxes.
Offshore accounts... And regular everyday businessmen taking advantage of putting stuff they personally use at home or whatever as business expenses.
You damn well know how much this happens. And you talk about it with others who own business if you are in the majority. Brag about it...

Spending too much is a problem as well. Both need fixing.

[SnakeBoy]

Boss McCarthy gets his deal

[SnakeBoy]

Someday



One of these days

:lol

[pgardn]

Boss McCarthy gets his deal

And the country can pay its debts.
Something that Snaked deems unimportant.
So why is Snaked cheering. He can stand that L.

[Ef-man]

And the country can pay its debts.
Something that Snaked deems unimportant.
So why is Snaked cheering. He can stand that L.

So much for GOP plans to gut all entitlement programs, destroy big gov’t, get rid of all regulations, more tax cuts for rich, get rid of deep state, and destroy the libs. :lmao

[ElNono]

:lol

Like I said, should've let the GOP own their own stupidity... but he's going for re-election...

[ElNono]

So much for GOP plans to gut all entitlement programs, destroy big gov’t, get rid of all regulations, more tax cuts for rich, get rid of deep state, and destroy the libs. :lmao

We'll see if the 'Freedom' caucus has any backbone left... those Trumptards can't stop losing, tbh

[SnakeBoy]

We'll see if the 'Freedom' caucus has any backbone left... those Trumptards can't stop losing, tbh

Freedom caucus is the GOP equivalent of the Dems progressive caucus. They're just not compete cucks like the progressive caucus. Rolled by Boss Manchin and Sinema smh lol

[ElNono]

Freedom caucus is the GOP equivalent of the Dems progressive caucus. They're just not compete cucks like the progressive caucus. Rolled by Boss Manchin and Sinema smh lol

Sinema is not a Democrat anymore, tbh... not the she ever was. Neither is Manchin. Not a surprise they're on their way out, just like the big loser...

[ChumpDumper]

:lol

:lol You think the same way about January 6.

Someday.....

[ChumpDumper]

Freedom caucus is the GOP equivalent of the Dems progressive caucus. They're just not compete cucks like the progressive caucus. Rolled by Boss Manchin and Sinema smh lol

:lol you're going to vote for "No Labels" Manchin.

:lol rube

[leemajors]

:lol you're going to vote for "No Labels" Manchin.

:lol rube

Sinema is on their roster too, isn't she?

[baseline bum]

Bullshit.
We have seen what our ex president can do with taxes.
Offshore accounts... And regular everyday businessmen taking advantage of putting stuff they personally use at home or whatever as business expenses.
You damn well know how much this happens. And you talk about it with others who own business if you are in the majority. Brag about it...

Spending too much is a problem as well. Both need fixing.

CosmicCowboy won't come back and defend his conservative platitude he parroted from WOAI.

[CosmicCowboy]

CosmicCowboy won't come back and defend his conservative platitude he parroted from WOAI.

LOL I only use Sirius/XM. What's WOAI?

And I see no reason to defend common sense. The US Government wastes shitloads of money.

As an example I was just on Ft Sam a couple of days ago. The waste is staggering. As an example, they are about to spend around $150,000 with me to repair equipment I literally advised them to replace.

And speaking of the army, last number I saw was 2021 and there were 482,416 on active duty and 184,348 on reserve. Why the fuck do we have that many people in the army? That doesn't count the air force, navy, and marines. The Russians are clearly not going to come pouring through the Fulda gap and hopefully we aren't going to be stupid enough to get in a land war with China. What the fuck are they for?

[Blake]

LOL I only use Sirius/XM. What's WOAI?

Marching orders source duly noted

[Ef-man]

Marching orders source duly noted

Am sure his butler knows someone who knows what WOAI is, tbh.

As an aside: WOAI recently had a show on cow intestines, so that would explain some of his ignorance.

[CosmicCowboy]

Marching orders source duly noted

only losers like you need to be told what to think.

[SnakeBoy]

ST libs listen to WOAI :lmao

[Blake]

ST libs listen to WOAI :lmao

Your source material is way funnier than just about anyone's here

[Blake]

only losers like you need to be told what to think.

Someone tells you what to think on Sirius and you start a thread here about it. It's what you do

[FuzzyLumpkins]

:lol making up sources to attack as opposed to addressing the argument.

And all that diatribe reads like projected Daddy issues.

[SnakeBoy]

Schumer got Boss McCarthy's deal passed in the Senate. Now Ole Joe can complete his fold by signing it.

[ElNono]

Schumer got Boss McCarthy's deal passed in the Senate. Now Ole Joe can complete his fold by signing it.

This is Old Joe's deal... can't stop winning, tbh...

On the other hand, Sinema and Manchin are going to have to eat the ole' veto shit sandwich on the college debt relief vote...

[CosmicCowboy]

LOL I only use Sirius/XM. What's WOAI?

And I see no reason to defend common sense. The US Government wastes shitloads of money.

As an example I was just on Ft Sam a couple of days ago. The waste is staggering. As an example, they are about to spend around $150,000 with me to repair equipment I literally advised them to replace.

And speaking of the army, last number I saw was 2021 and there were 482,416 on active duty and 184,348 on reserve. Why the fuck do we have that many people in the army? That doesn't count the air force, navy, and marines. The Russians are clearly not going to come pouring through the Fulda gap and hopefully we aren't going to be stupid enough to get in a land war with China. What the fuck are they for?

As usual, stupid butthurt Blake clips out one sentence and ignores the meat of the post. Too dumb to actually respond to a political observation. Someone please justify why we need almost 3/4 of a million people in the army.

[CosmicCowboy]

As usual, stupid butthurt Blake clips out one sentence and ignores the meat of the post. Too dumb to actually respond to a political observation. Someone please justify why we need almost 3/4 of a million people in the army.

And then claim I am just parroting something I was told to say? The fuck? All you hear on right wing media about the military is "thank you for your service". You never hear about rethinking the military.

[SnakeBoy]

This is Old Joe's deal

Biden's deal was no deals then he folded. You've already acknowledged he folded, why try to spin it now?

[pgardn]

Biden's deal was no deals then he folded. You've already acknowledged he folded, why try to spin it now?

Well the freedom Caucus, who is all in for Trump, says the Speaker folded.
So who are we to believe, Snaked the naked brain, or the Freedom Mock Us
Not to mention your orange master says McCarthy is a dumb shit.

[Winehole23]

Not all spending cuts reduce the deficit. Some may increase it.

1664632489317396480

[ElNono]

Biden's deal was no deals then he folded. You've already acknowledged he folded, why try to spin it now?

It's called the Biden-McCarthy deal... sorry it hurts...

I wasn't a fan of the deal itself, but there's no doubt whose deal it is...

[Winehole23]

GOP in disarray, McCarthy couldn't get debate rules passed in a simple majority vote.


House conservatives revolted against their leaders Tuesday by bringing floor action to a screeching halt — a stunning display of internal strife fueled by residual anger over the debt ceiling deal Speaker Kevin McCarthy (R-Calif.) struck with President Biden and passed last week.

The rebellion had the immediate effect of blocking a handful of messaging bills House GOP leaders were hoping to pass this week. But the longer-term ramifications might prove to be much more grave for McCarthy, who survived a tumultuous road to the Speakership, then orchestrated a delicate deal with Biden to prevent a default, only to have the agreement backfire politically — in a highly public fashion — when payback-seeking conservatives mutinied on Tuesdayhttps://thehill.com/homenews/house/4037690-conservatives-stun-leaders-with-dramatic-mutiny-on-house-floor/

[Winehole23]

Not all spending cuts reduce the deficit. Some may increase it.

1664632489317396480Also underemphasized, the failure to lay and collect taxes increases the budget deficit.

It ain't all about spending, fiscal austerians in both parties are quite content to ignore the revenue side of the ledger.

1711781331078696994

[Winehole23]

Also underemphasized, the failure to lay and collect taxes increases the budget deficit.

It ain't all about spending, fiscal austerians in both parties are quite content to ignore the revenue side of the ledger.

1711781331078696994Here's a concrete, contemporaneous example. Tax cuts in Arizona created a hole in revenue (http://https://x.com/brahmresnik/status/1712224470675648941?s=20) and hence, a big budget deficit.

1712224470675648941