McCarthy: Democrats Must Cap Spending to Avoid US Debt Default

After watching kevin crawl back to trump with his balls in his hands, I doubt he has the guts to play chicken with the debt ceiling. The guy is an abject coward.

 

What is the Dem direction?

There have been many different approaches. As noted in this link which explains a few will it be painless....no but it will be manageable. And the cost of not reforming unthinkable.

Making Transition to Privatized Social Security

...The important thing to recognize is that, while not painless, the transition to a privatized Social Security system can be managed.

The transition challenges should not be allowed to stand in the way of a secure retirement for today’s young workers.

In conclusion, Social Security is in trouble. By 2012, the system will be running a deficit and by 2029 it will be completely insolvent. At the same time, payroll taxes are already so high that today’s young workers will receive back less money than they pay into the system.

There is, however, no reason to panic. There is time to make the reforms necessary to ensure that both today’s and tomorrow’s elderly will be able to retire with dignity.

We can follow the successful example of Chile and privatize our Social Security system.

The crisis is coming. The question is: do our political leaders have the courage to ensure that tomorrow’s retirees have a secure retirement.
https://www.georgiapolicy.org/news/...tinuing to fund a portion of current benefits.

 

Yes, you said it more accurately than I did.

But, the point is the same.

If the House refuses to raise the revenue required by spending that has passed the legislature and the House refuses to change the debt limit, the effect is dramatic.

 

This was all carefully studied under Bush, as there were enough Republican legislators and a Republican president to take action if a satisfactory methodology were found.

Republicans did not find a methodology that THEY could agree with.

I'm not critical of them for that, as ending SS within rational economic constraints and without screwing working Americans and retirees is seriously difficult. I would suggest it's not possible.

The weird part is that Republicans thought they could do that.

 

So, you want to trade insurance companies from telling doctors what they can and cannot do to the government, the most inept people in the country?

By the way, I'm talking about a lot more than just the best medicines and the best doctors.

 

Sorry. Can't remember the exact conversation and I'm not going back. So, I'll give you a second chance at telling me what you are advocating for the future. Can you do it without giving me left wing talking points?

 

You guys aren't listening to me. I'm saying that if you are investigating after the fact you have already lost the ballgame. You have to investigate BEFORE giving these people money. Or, are you saying that is being done and that these people are totally incompetent? Fraud is rampant.

 

I'm all for saving money but the left never seem to want to discuss it. They say no social programs should be cut.

 

I've been talking about it here.

 

Who said that ? Why should doctors ask ANYONE how to treat a patient ?

The US is 18th in medical outcomes in the world. The idea that the US has the best medical care is ludicrous on its face. Im making the claim that we are 18th in outcomes BECAUSE of the profit motive for our healthcare system. South Korea is number one, how much "choice" do they have ?

The top 10 countries with the best medical outcomes all have "socialized medicine". The US has a pay as you go, and if you don't pay you don't go

 

They do investigate before they give the the money

Can you be more specific on the fraud you talking about ?

 

Healthcare is a social program and there is a proposed general direction that would lead to serious cost reduction.

 

There you go quoting bullshit again. I wouldn't want any other country's healthcare system. They all suck, to the max.

 

They approve numerous fraudulent cases, into the millions. They are crap investigators. Most of them just have rubber stamps.

 

Yeah, socialized healthcare that sucks.

 

I'm sorry you had a bad experience as you left the USA to try to find solutions.

 

No. Is the proper response to McCarthy

No. Is the proper response to McCarthy. The United States pays its bills, period. I’d also let him know I look forward to working with him on the next budget and look forward to receiving his detailed proposal.

This bad faith stunt simply reveals the weaknesses of McCarthy’s position. Joe, asking for the budget proposal is important. You know as well as I do McCarthy can’t put their budget desires in a written proposal. Expressly why he’s taking the hostage route.

 

No - both parties plan to destroy the economy and then blame each other. Yet people will keep voting for them

 

Fact: The very first move from McCarthy on this topic was to hold America hostage, or threaten to do so.

Fact: The next step was an attempt to go around the Dems in the House - the people he is supposed to negotiate with.

Do you have a guess as to what his third step will be?

 

Yeah, who wants better outcomes than we have…..

 

So you just make things up and claim them facts…..OK

 

Please share the democrats plan to cut spending and address the deficit

 

Republicans aren't the ones holding this up. Democrats are refusing to have a conversation about fixing the budget and would rather the country default than help fix the problem going forward. Preach to them. They need to hear how upset it makes you that they're willing to let us default to protect their future spending.

 

Republicans are willing to pay the debt in exchange for Democrats working with them to help fix our budget. Democrats would rather default on our debt to protect future spending. That's irresponsible.

 

And Democrats (along with most of the media) will just put the blame on Republicans, saying it's their fault for not raising the debt ceiling and allowing the country to borrow more money.