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Posted: 1/19/2023 11:30:19 AM EDT
But this particular moment seems more fraught than past brushes with the debt limit because of the broad differences between Biden and new House Speaker Kevin McCarthy, who presides over a restive Republican caucus.
https://apnews.com/article/us-debt-limit-political-friction-3652d50a1567c1e7ab544614b7f2b357 The blame game begins |
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The trick is to put the other guy in the drivers seat just before the car goes off the cliff.
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We could cut 50% of all government workers starting now and save millions
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Quoted: But this particular moment seems more fraught than past brushes with the debt limit because of the broad differences between Biden and new House Speaker Kevin McCarthy, who presides over a restive Republican caucus. https://apnews.com/article/us-debt-limit-political-friction-3652d50a1567c1e7ab544614b7f2b357 The blame game begins View Quote $38.381 trillion Lets see if the collective IQ of GD can calculate how many zeros $38.381 trillion is. TRILLION. |
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Shut the government and keep it shut,except for essential services. Its should only be essential services in the first place.
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Oh no! They have to use extraordinary measures like they have 87 times already!
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They can't cut spending. How would they launder money and fund campaigns?
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Quoted: $38.381 trillion Lets see if the collective IQ of GD can calculate how many zeros $38.381 trillion is. TRILLION. View Quote The feds owe more money than what our entire national economy can produce. That's the frightening part. |
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Unless they're hiking the basis points by several hundred per month, it's just business as usual.
We need 8% to put the brakes on this shit. |
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Which do they cut first?
Social Security and Medicare Foreign Aid Roads and bridges Defense Welfare Medicaid Aid for illegal immigrants CRT programs Climate Change Government salaries I bet Defense would be first followed by Social Security. |
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A solution to a problem they helped create. How "extraordinary" of them.....
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Quoted: $38.381 trillion Lets see if the collective IQ of GD can calculate how many zeros $38.381 trillion is. TRILLION. View Quote All I know is that it's approximately twice as much as when we last did this with Obama in Office. System's broke, the wheels are screeching a God-awful noise and vibrating horribly, but the Engineer is too busy arguing with the driver about who's fault it was to actually do anything about it. |
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The big problem (already primed for the white house), is that the only leverage republicans have is to actually not remove the current debt ceiling. There’s already a process that will prioritize debts and services, but it would hammer many of the agency budgets, non-essential programs, and furlough a bunch of workers…which would be fine. If they present a budget, the Senate and FJB wouldn’t approve it, shutdown crisis (number 87) kicks off and the media and white house blame GOP.
It's already baked into the cake, and I doubt the GOP in the House has the spine to grab their balls and tell FJB he’s not going to do shit over the next two years because their won’t be any money and agencies are just keeping the lights on… ROCK6 |
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Quoted: We could stop sending money to Ukraine and save billions. View Quote View All Quotes View All Quotes Quoted: Quoted: We could cut 50% of all government workers starting now and save millions Which would still leave us a trillion and a half in debt for the year. What next smart guy? ![]() |
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It will always be increased, otherwise the global financial system implodes.
![]() Why The Debt Ceiling is Impossible - Mike Maloney - Hidden Secrets Of Money Ep4 Preview |
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Quoted: In before the same 5 mouth breathers pin it on Ukraine. View Quote Ukraine spending itself is not responsible, nor will it destroy the USA financially, it’s the attitude that these billions here don’t matter in regards to Ukraine and 1000 other line items , and the general attitude that it’s the USAs job to play world police that will eventually add up to very big problems. It’s like saying, “ I already owe $50k in credit card debt, so taking the family out to eat tonight, and to Disney world this weekend and charging it won’t make any difference . Except it does, and will. |
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Quoted: In before the same 5 mouth breathers pin it on Ukraine. View Quote The billions to Ukraine with zero accountability is a symptom of a greater problem. Our roads are trash, bridges trash and our cities look like something out of the third world in many places but we have billions to give to countries around the world. This is because our foreign policy is centered around Quid Pro Quo. |
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Quoted: The billions to Ukraine with zero accountability is a symptom of a greater problem. Our roads are trash, bridges trash and our cities look like something out of the third world in many places but we have billions to give to countries around the world. This is because our foreign policy is centered around Quid Pro Quo. View Quote View All Quotes View All Quotes Quoted: Quoted: In before the same 5 mouth breathers pin it on Ukraine. The billions to Ukraine with zero accountability is a symptom of a greater problem. Our roads are trash, bridges trash and our cities look like something out of the third world in many places but we have billions to give to countries around the world. This is because our foreign policy is centered around Quid Pro Quo. Yup, also, we’re screeching about fighting dangers to the USA overseas when the greatest dangers to the USA are inside the country, and ruling it right now. |
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Quoted: The billions to Ukraine with zero accountability is a symptom of a greater problem. Our roads are trash, bridges trash and our cities look like something out of the third world in many places but we have billions to give to countries around the world. This is because our foreign policy is centered around Quid Pro Quo. View Quote View All Quotes View All Quotes Quoted: Quoted: In before the same 5 mouth breathers pin it on Ukraine. The billions to Ukraine with zero accountability is a symptom of a greater problem. Our roads are trash, bridges trash and our cities look like something out of the third world in many places but we have billions to give to countries around the world. This is because our foreign policy is centered around Quid Pro Quo. How much did we spend on Obama's "shovel ready" infrastructure? How much do we spend every year on highway funds? Also, my city doesn't look like anything from the third world. Sounds like a local problem who the last group I would want to "fix" it would be the feds. |
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Quoted: $38.381 trillion Lets see if the collective IQ of GD can calculate how many zeros $38.381 trillion is. TRILLION. View Quote View All Quotes View All Quotes Quoted: Quoted: But this particular moment seems more fraught than past brushes with the debt limit because of the broad differences between Biden and new House Speaker Kevin McCarthy, who presides over a restive Republican caucus. https://apnews.com/article/us-debt-limit-political-friction-3652d50a1567c1e7ab544614b7f2b357 The blame game begins $38.381 trillion Lets see if the collective IQ of GD can calculate how many zeros $38.381 trillion is. TRILLION. Fun fact: a Trillion one dollar bills stacked together at .04 of an inch thick makes a stack 63,000 MILES high. Or….2+ times around the earth if you will. |
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Quoted: Which do they cut first? Social Security and Medicare Foreign Aid Roads and bridges Defense Welfare Medicaid Aid for illegal immigrants CRT programs Climate Change Government salaries I bet Defense would be first followed by Social Security. View Quote |
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Quoted: Which do they cut first? Social Security and Medicare Roads and bridges Defense Welfare Medicaid Government salaries I bet Defense would be first followed by Social Security. View Quote The first to cut, then move on to DOE, FBI, DOJ, IRS, BATF. |
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Quoted: The first to cut, then move on to DOE, FBI, DOJ, IRS, BATF. View Quote View All Quotes View All Quotes Quoted: Quoted: Which do they cut first? Social Security and Medicare Roads and bridges Defense Welfare Medicaid Government salaries I bet Defense would be first followed by Social Security. The first to cut, then move on to DOE, FBI, DOJ, IRS, BATF. You're still at least a trillion away. ![]() |
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Quoted: $38.381 trillion Lets see if the collective IQ of GD can calculate how many zeros $38.381 trillion is. TRILLION. View Quote Or play the "what could we buy with..." game. 451 MILLION fully loaded pickups at 85K each. And the only true solution, austerity, would NEVER fly in the USA. Hell, it was a hard sell in Greece. |
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Quoted: Shut down the .gov View Quote |
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Nothing will change, those in power will keep borrowing at an increased rate, the value of the dollar will continue to fall, and ordinary folks pay the tax in the form of inflation. At the same time, to many want free shit, fail to take responsibility for themselves, feel entitled, and are dependent on the government tit.
The ship is sinking and few care to admit it. |
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An extraordinary measure would be to reduce it and pay it down.
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Eliminate, the ATF, FBI, most all of the NSA and CIA. Go to a flat tax, VAT something, eliminate 90% of the IRS.
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Labor costs are high and driving inflation.
Now is a great time to cut all federal workers and increase the pool of workers to drive labor inflation down. Not to mention it would also drive our debt down. It’s literally win/win/win, we’ll except if you are a .gov overpaid/inefficient turd. |
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Treasury Dept. now taking 'extraordinary measures' on debt
In other words, I hope you had no plans for a Tax Refund check any time soon. |
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