The impending and 100% invented by MAGA Republicans Debt Ceiling Crisis 2023

[robosmith]

On the debt-ceiling crisis, take it from moderate Republicans: Be afraid, be very afraid

After THREE RISES under Trump, MAGA Republicans suddenly discover fiscal restraint and threaten to use the crisis to leverage concessions.

Anyone else want them to burn the house down? ?
 

Quote

Given Republicans’ narrow House majority, just a few radicals can block any legislation that Leader-in-Name-Only Kevin McCarthy (R-Bakersfield) ultimately might agree to. Remember, it took McCarthy a humiliatingly historic 15 House votes to wrangle enough Republican support to get elected speaker, and yet we have to count on him to unite his party on the debt limit and avoid an economic cataclysm?

There’s another reason to fear what House Republicans might do: An unusually large number of them, 52%, have come to Congress only in the last four years. The novices have shown by their public statements that they don’t understand the federal budget or the debt limit. Even as they call for deep budget cuts, they don’t volunteer much in the way of specifics beyond putting a target on what one called “woke and weaponized bureaucrats.”

Veteran Republicans who know better (looking at you, Mr. Speaker) cynically echo the vague rhetoric about easy-peasy cuts, thus misleading the public. They’re making false promises about budget balancing that they know they couldn’t achieve even if they could rely only on Republican votes for passage.

Also, the newer Republican lawmakers haven’t experienced how their party, when it previously controlled the House, emerged the loser in nearly every debt-limit crisis and government shutdown it provoked, as adjudged by polls, pundits and even party colleagues. They weren’t there in 2011, for example, when tea party Republicans caused a debt-limit crisis that resulted in the first downgrading of the U.S. credit rating and, consequently, billions of dollars in higher interest on the nation’s borrowing — interest payments that only added to the debt.

Yet knowing that history probably wouldn’t sway many of the newcomers anyway. Like their voters, they’d just counter that Republicans of the past gave in too soon. There’s no persuading such ideologues that their stance is both bad policy and bad politics. 

 

[bush_cheney2004]

Nothing new about another debt ceiling "crisis"...it is standard operating procedure regardless of who is president...long before Trump.

Quote

...The debt limit — also known as the debt ceiling — is not in the Constitution nor in any of its 27 Amendments. It's just a statute, a law, enacted as part of legislation allowing the government to issue bonds to finance U.S. participation in the First World War in 1917. It has been in place, causing headaches and prompting evasive action, ever since.

https://www.npr.org/2023/01/21/1150078028/debt-ceiling-explainer

 

[robosmith]

18 hours ago, bush_cheney2004 said:

Nothing new about another debt ceiling "crisis"...it is standard operating procedure regardless of who is president...long before Trump.

 

Republicans had no problem raising the debt ceiling during Trump's admin.

Of course not doing it then would interfere with TAX CUTS for their wealthy constituents.

Edited February 14, 2023 by robosmith

[bush_cheney2004]

1 hour ago, robosmith said:

Republicans had no problem raising the debt ceiling during Trump's admin.

 

Trump was a Republican president....same as Bush#2, Bush#1, Reagan, etc.

...but Democrats also played the same game...example:

Quote

But Democrats haven’t always joined Republicans in voting to increase the debt limit, said Sen. Mitch McConnell, the Republican leader. 

"In 2003, 2005 and 2006, Mr. President, you joined Senate Democrats in opposing debt limit increases and made Republicans do it ourselves," McConnell wrote in a letter to Biden, referring to when the Republicans controlled the Senate during the George W. Bush administration. "You explained on the Senate floor that your ‘no’ votes did not mean that you wanted the majority to let the country default; but rather that the President’s party had to take responsibility for an agenda which you opposed. Your view then is our view now."

https://www.politifact.com/factchecks/2021/oct/06/joe-biden/fact-checking-bidens-claim-raising-debt-limit-usua/

 

It's just American partisan politics....as usual.

[robosmith]

11 hours ago, bush_cheney2004 said:

 

Trump was a Republican president....same as Bush#2, Bush#1, Reagan, etc.

...but Democrats also played the same game...example:

 

It's just American partisan politics....as usual.

There was no danger of default then cause the Republicans HAD THE VOTES TO PASS THE INCREASE.

RIGHT NOW, they have the votes to MAKE AMERICA DEFAULT.

Do you really NOT SEE the difference? ?

[Deluge]

14 hours ago, robosmith said:

Republicans had no problem raising the debt ceiling during Trump's admin.

Of course no doing it then would interfere with TAX CUTS for their wealthy constituents.

There's no excuse for democrats raising the debt ceiling, EVER. 

[robosmith]

2 minutes ago, Deluge said:

There's no excuse for democrats raising the debt ceiling, EVER. 

Why JUST "democrats"? Republicans raised it THREE TIMES under Trump. AKA, your purely partisan hackery.

Paying OUR BILLS is REQUIRED by the Constitution.

Quote

ArtIV.S1.1 Overview of Full Faith and Credit Clause

Article IV, Section 1:

Full Faith and Credit shall be given in each State to the public Acts, Records, and judicial Proceedings of every other State. And the Congress may by general Laws prescribe the Manner in which such Acts, Records and Proceedings shall be proved, and the Effect thereof.

 

[Deluge]

39 minutes ago, robosmith said:

Why JUST "democrats"? Republicans raised it THREE TIMES under Trump. AKA, your purely partisan hackery.

Paying OUR BILLS is REQUIRED by the Constitution.

 

Oh, I'm not saying it's good, Im just saying that dems don't have any excuses.

Edited February 14, 2023 by Deluge

[robosmith]

54 minutes ago, Deluge said:

Oh, I'm not saying it's good, Im just saying that dems don't have any excuses.

No better "excuse" than being REQUIRED by the Constitution.

Take off your partisan blinders and stop ignoring the BIG PICTURE.

Are you in favor of Republicans trashing the US government credit rating?

[Deluge]

17 hours ago, robosmith said:

No better "excuse" than being REQUIRED by the Constitution.

Take off your partisan blinders and stop ignoring the BIG PICTURE.

Are you in favor of Republicans trashing the US government credit rating?

The democrats hate the Constitution - they think it's "antiquated".  

Funny how simpleton leftists glom onto the document when it seems to support their warped point of view. lol

Edited February 15, 2023 by Deluge

[Michael Hardner]

I am glad that someone remembers that Trump was the deficit increasing president that he was.  He inherited a roaring economy and proceeded to deficit spend, causing fiscal moderates like Paul Ryan to actually resign.

This is a great litmus test for fiscal conservatives vs. Maga chowder eaters...

[robosmith]

3 hours ago, Deluge said:

The democrats hate the Constitution - they think it's "antiquated".  

No reason to believe ^this opinion.

Wanting to amend a 230 yo document according to ITS RULES is NOT HATE.

In FACT is is CONSERVATIVES who want to REPLACE IT.

Conservatives prepare new push for constitutional convention

Quote

Conservative lawmakers will mount a new push to call a constitutional convention aimed at creating a balanced budget amendment and establishing term limits for members of Congress in an effort to rein in what they see as a runaway federal government.

State legislators meeting at the American Legislative Exchange Council’s policy conference here last week hope to use Article V of the Constitution, which allows state legislatures to call a convention to propose new amendments.

 

3 hours ago, Deluge said:

Funny how simpleton leftists glom onto the document when it seems to support their warped point of view. lol

So now it's YOU who believes the Constitution is "warped." LMAO

Do you want to burn the house down by NOT raising the debt ceiling? 

[Deluge]

Balanced budgets and term limits are wonderful ideas and are in the spirit of the US Constitution. 

I hate to break this to you, robosmith, but you're not the US Constitution; you're a leftist, and you hate the Constitution as you think it's antiquated. 

[robosmith]

18 minutes ago, Deluge said:

Balanced budgets and term limits are wonderful ideas and are in the spirit of the US Constitution. 

I hate to break this to you, robosmith, but you're not the US Constitution; you're a leftist, and you hate the Constitution as you think it's antiquated. 

STILL no REASON to believe ^this OPINION. Do you believe 230 yo is a spring chicken? LMAO

AS POSTED, it is Conservatives LIKE YOURSELF who DEFENDS wanting to REPLACE IT.

Edited February 15, 2023 by robosmith

[robosmith]

20 hours ago, Contrarian said:

⬆️ House approves Republican debt limit plan in win for McCarthy, GOP.

https://thehill.com/homenews/house/3973964-house-approves-republican-debt-limit-plan-in-win-for-mccarthy-gop/

So much for that promise: Debt bill talks again done in the backroom

 

Quote

 

House Republicans, after months of pledging to devolve power to legislative committees conducting business out in the open, have reverted to the tradition of working behind closed doors.

For almost two months, Republicans of all stripes filed into House Speaker Kevin McCarthy’s office to cobble together a sweeping 320-page bill that would touch many aspects of domestic policy while also allowing the Treasury to continue borrowing another $1.5 trillion to fund the federal government.

Not a single committee held a hearing on a bill that would slash trillions of dollars from federal agency budgets and revoke clean climate tax credits. Not one committee held the traditional legislative markup to consider amendments and further debate on the measure. Not one Democrat had input into the measure.

And a surprising thing happened along the way. The Republicans, even the most conservative antagonists who decried this type of legislating, learned to like backroom deal making despite their demands in early January for McCarthy (R-CA) to promise a more open legislative process in exchange for their votes for speaker. 

 

 

 

[Rebound]

On 2/14/2023 at 4:54 PM, Deluge said:

Oh, I'm not saying it's good, Im just saying that dems don't have any excuses.

But the Republicans do have excuses? Like, “We want to cut taxes for billionaires” excuses?

[Rebound]

On 2/15/2023 at 2:44 PM, Deluge said:

Balanced budgets and term limits are wonderful ideas and are in the spirit of the US Constitution. 

I hate to break this to you, robosmith, but you're not the US Constitution; you're a leftist, and you hate the Constitution as you think it's antiquated. 

Funny how you conservatives want to US Constitution to be very literally interpreted, except when you don’t. 
 

The US Constitution says that the validity of the public debt, as established by law, shall not be questioned. So do not question the debt. 

[Deluge]

20 hours ago, Rebound said:

Funny how you conservatives want to US Constitution to be very literally interpreted, except when you don’t. 
 

The US Constitution says that the validity of the public debt, as established by law, shall not be questioned. So do not question the debt. 

Point out where that was written. 

[Deluge]

21 hours ago, Rebound said:

But the Republicans do have excuses? Like, “We want to cut taxes for billionaires” excuses?

I want taxes cut for everybody. 

Either make a 10% flat tax, or put us all on a fair tax system.  Let the states and national government figure out what goes where. 

Edited April 28, 2023 by Deluge

[robosmith]

On 2/14/2023 at 1:14 PM, robosmith said:

Why JUST "democrats"? Republicans raised it THREE TIMES under Trump. AKA, your purely partisan hackery.

Paying OUR BILLS is REQUIRED by the Constitution.

 

 

1 hour ago, Deluge said:

Point out where that was written. 

It was ALREADY POSTED HERE. Duh.

[Deluge]

1 hour ago, robosmith said:

It was ALREADY POSTED HERE. Duh.

I realize this is difficult for government sluts to understand, but I will always question the debt. 

Today's leaders are complete scumbags compared to previous leaders and it gets worse with each passing year.

It's time to start questioning. 

Edited April 28, 2023 by Deluge

[robosmith]

On 4/28/2023 at 1:24 PM, Deluge said:

I realize this is difficult for government sluts to understand, but I will always question the debt. 

Today's leaders are complete scumbags compared to previous leaders and it gets worse with each passing year.

It's time to start questioning. 

Go ahead and "question." It means NOTHING.

[robosmith]

McCarthy’s debt ceiling plan is theater unworthy of a high school gym

Quote

It is truly astonishing, as my Post colleagues Greg Sargent and Paul Waldman wrote on Friday, that any Republican operating under labels such as “moderate,” “mainstream” or “problem solver” would vote for a McCarthy proposal that hides its ferocity behind sanitized budgetary gobbledygook. McCarthy would cut federal spending back to 2022 levels and limit its growth to 1 percent a year.

What this means in plain English, as The Post’s Tony Romm reported, are “massive spending cuts,” but without having to specify them. Shalanda Young, director of the Office of Management and Budget, helpfully translated the impact to particular programs. If Republicans exempted defense spending from their ax, as they seem inclined to do, all other programs would suffer 22 percent cuts, she said, which “would grow deeper and deeper with each year of their plan.”

That 22 percent would mean, to take just a few of her examples, 30 million fewer veteran outpatient visits; layoffs of 108,000 teachers in schools with low-income students and kids with disabilities; 200,000 fewer children in Head Start; and 180,000 children losing access to child care. And right-to-lifers take note: “1.7 million women, infants, and children would lose vital nutrition assistance through the Special Supplemental Nutrition Program for Women, Infants, and Children.”

The Economist magazine recently devoted its cover to the U.S. economy as “a marvel to behold.” Allowing the fractious politics of an unstable House GOP caucus to tank it would be unconscionable. 

Edited April 29, 2023 by robosmith

[Deluge]

19 hours ago, robosmith said:

Go ahead and "question." It means NOTHING.

Sure it does. When good citizens start questioning, it often leads to your overlords getting voted out.

[robosmith]

1 hour ago, Deluge said:

Sure it does. When good citizens start questioning, it often leads to your overlords getting voted out.

So test out ^this THEORY, and let us know what happens. ?