As things stand now, House Republicans will cause the United States to default on its debts

Discussion in 'Political Opinions & Beliefs' started by Sandy Shanks, Apr 17, 2023.

  1. JohnHamilton

    JohnHamilton Well-Known Member

    Joined:
    Oct 17, 2022
    Messages:
    6,448
    Likes Received:
    5,244
    Trophy Points:
    113
    Gender:
    Male
    So what? “Build Back Better” is what the Democrats want if there is a monetary system left by the time they get done. The “Inflation Reduction Act” was a joke. It did the opposite of what its name was.

    The Democrats want to get to socialism by growing a giant government instead. The open borders will explode the welfare state. Most of the 6 million and counting illegals will not pull their weight in the foreseeable future. But they will demand government services and vote Democrat, and that’s the Democrat plan.
     
  2. Alwayssa

    Alwayssa Well-Known Member

    Joined:
    Jun 13, 2012
    Messages:
    32,956
    Likes Received:
    7,587
    Trophy Points:
    113
    If it never passed, then you cannot use that bill as an example, can you?
     
    JonK22 likes this.
  3. JonK22

    JonK22 Well-Known Member

    Joined:
    Aug 7, 2022
    Messages:
    3,902
    Likes Received:
    1,974
    Trophy Points:
    113
    Gender:
    Male
    Dammit, did you sneak into one of our top secrect meetings?
     
    Alwayssa likes this.
  4. JohnHamilton

    JohnHamilton Well-Known Member

    Joined:
    Oct 17, 2022
    Messages:
    6,448
    Likes Received:
    5,244
    Trophy Points:
    113
    Gender:
    Male
    Oh, but I can because if the Democrats control the White House and both houses Congress, they will pass it. There will be nothing anyone, who opposes it, can do about it. The Democrats are unstoppable because they have virtually perfect party discipline. The fact that “Build Back Better” didn’t pass then does not mean that the idea is dead.
     
  5. JonK22

    JonK22 Well-Known Member

    Joined:
    Aug 7, 2022
    Messages:
    3,902
    Likes Received:
    1,974
    Trophy Points:
    113
    Gender:
    Male
    Let me know when they get 62 Dems (Senate) or lose Menchin and Sinema
     
    Last edited: May 28, 2023
  6. Alwayssa

    Alwayssa Well-Known Member

    Joined:
    Jun 13, 2012
    Messages:
    32,956
    Likes Received:
    7,587
    Trophy Points:
    113
    The Build Back better was stopped by two Democratic Senators, Munchin and Sinema in 2021 and 2022, thus it never passed. That is why there was the compromise called Inflation Reduction Bill, which pretty much paid for itself and even saved $130 billion in ten years.
     
    JonK22 likes this.
  7. JohnHamilton

    JohnHamilton Well-Known Member

    Joined:
    Oct 17, 2022
    Messages:
    6,448
    Likes Received:
    5,244
    Trophy Points:
    113
    Gender:
    Male
    It might be tough for the Democrats in 2024 because of the mix of seats that are up for election in the Senate. still after 2022, we see how powerful the Democrats are. When Democrats buy votes with public money, control most of the news media and education system, and have vote harvesting down pat, they will unbeatable over the next two to four years. If Biden, or any other Democrat is elected in 2024, it’s over.
     
  8. Independent4ever

    Independent4ever Well-Known Member

    Joined:
    Nov 23, 2020
    Messages:
    3,543
    Likes Received:
    3,581
    Trophy Points:
    113
    Gender:
    Male
    No - but I felt that way in 2020 about Trump

    (as you like many liberals assume that one can't be anti-Biden without hating all dems)
     
  9. JohnHamilton

    JohnHamilton Well-Known Member

    Joined:
    Oct 17, 2022
    Messages:
    6,448
    Likes Received:
    5,244
    Trophy Points:
    113
    Gender:
    Male
    Mansion and Sinema will be gone when their terms end. Mansion might be replaced by a Republican, the Sinema seat will go to a Democrat. As for the inflation bill, there is nothing to support you claims. It was mostly a Green New Deal bill that will cost billions.
     
  10. Alwayssa

    Alwayssa Well-Known Member

    Joined:
    Jun 13, 2012
    Messages:
    32,956
    Likes Received:
    7,587
    Trophy Points:
    113
    That is in the future, not when the bill was passed in the house and failed in the Senate. Which is the point. Thanks for conceding the argument.
     
    JonK22 likes this.
  11. JohnHamilton

    JohnHamilton Well-Known Member

    Joined:
    Oct 17, 2022
    Messages:
    6,448
    Likes Received:
    5,244
    Trophy Points:
    113
    Gender:
    Male
    You will probably win in the end. You control most of the news media and the younger generation. But you might might be standing on a heap of rubble in the end. There is no reasoning with your side. You demand 100% of everything and will get it.

    A Trump candidacy will accelerate the process. He can’t win and will take a lot of people with him.
     
  12. Alwayssa

    Alwayssa Well-Known Member

    Joined:
    Jun 13, 2012
    Messages:
    32,956
    Likes Received:
    7,587
    Trophy Points:
    113
    It is not the control of the media. It is what the Congressional Record says outright of that bill.
     
    JonK22 likes this.
  13. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    Caution: It is not over yet. Raising the debt ceiling must be approved by the House and the Senate.

    The Republicans backed down on most of their demands, and the House bill to raise the debt ceiling, but gutted the Biden administration was forgotten. This is not a surprise. They were wrong to hold the American economy and the American people hostage for demands they could not obtain through ordinary means.

    The Guardian reports, "Joe Biden and Kevin McCarthy have reached an agreement to lift the US debt ceiling and avoid a disastrous and unprecedented default. Prior to the details being presented to lawmakers, ahead of an expected vote on Wednesday, here is what sources familiar with negotiations have revealed:
    Cap on discretionary spending
    The deal would suspend the $31.4tn debt ceiling until January 2025, allowing the government to pay its bills. In exchange, non-defense discretionary spending would be “roughly flat” at current year levels in 2024. It would increase by only 1% in 2025.
    What about the 2024 presidential election?
    The debt limit extension schedule means Congress would not need to address the deeply polarizing issue again until after the November 2024 election. Note: In other words, a two-year deal.
    Increased defense spending
    The deal is expected to boost defense spending to around $885bn, in line with Biden’s 2024 budget spending proposal, an 11% increase from the $800bn allocated in the current budget.
    Special IRS funding for federal tax authorities
    Biden and Democrats secured $80bn in new funding for a decade to help the Internal Revenue Service enforce the tax code for wealthy Americans in last year’s Inflation Reduction Act.
    Covid clawback, cuts for the CDC
    Biden and McCarthy are expected to agree to claw back unused Covid-19 relief funds as part of the budget deal.
    Work requirements
    Biden and McCarthy battled fiercely over imposing stricter work requirements on low-income Americans who benefit from federal food and healthcare programs. No changes were made to Medicaid health insurance in the deal, but the agreement would impose new work requirements on low-income people who receive food assistance, up to age 54, instead of 50.
     
  14. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    ABC reports. "The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy.

    "Some of the earliest objections are coming from Republicans, the most conservative members of Congress, particularly members of the hardline House Freedom Caucus.

    “I think it's a disaster!” tweeted Matt Rosendale, R-Mont.

    “Fake conservatives agree to fake spending cuts,” tweeted Sen. Rand Paul, R-Ky.

    "This ‘deal’ is insanity," tweeted Rep. Ralph Norman, R-S.C.

    "Some Democrats dislike what is roughly a spending freeze on non-defense programs next year and chafe at work requirements.

    "Rep. Pramila Jayapal, D-Wash., called it terrible policy Sunday on CNN's "State of the Union."

    “However, it is bad policy. I told the president that directly, when he called me last week on Wednesday, that this is saying to poor people and people who are in need that we don’t trust them,” Jayapal.

    Conclusion: When the extreme right is complaining and the extreme left is complaining, it has to one hell of a good piece of legislation.
     
  15. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    ABC reports, "With the nation roughly a week away from the risk of a default that could roil the global economy, major business groups have been urging Washington to act quickly on a debt-ceiling increase.

    "The Business Roundtable, a group of more than 200 chief executive officers, called on Congress to pass the bill as soon as possible.

    "The (Republican-leaning) U.S. Chamber of Commerce also urged a yes vote and noted that the vote will be included when the group rates or“scorecards” members of Congress based on how they vote on business priorities.

    "The agreement is a two-year budget deal that would also raise the debt limit (by temporary suspension) until the beginning of 2025 while keeping non-defense spending roughly flat with current levels in fiscal year 2024 and increasing by 1% in 2025. That amounts to a cut in light of inflation but is less major than some of the reductions sought by conservatives.

    "The agreement would suspend the debt limit through Jan. 1, 2025 -- taking away the threat of default until then.

    "While the treasury secretary has cautioned that estimates of the so-called "X-date" for default can vary, she most recently predicted the deadline to be June 5, "based on the most recent available data."

    "Speaker Kevin McCarthy has said the House would vote on the bill on Wednesday. The Senate, which returns to Washington on Tuesday, would then begin processing the legislation on Wednesday night, Majority Leader Chuck Schumer told Democrats in a letter.

    "But under the chamber's rules, it would only take one lawmaker to possibly delay approval for up to a week -- past the X-date. (Republican) Sen. Mike Lee, Utah, has threatened just that unless he feels the deal has "substantial spending and budgetary reforms."
     
  16. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    There is little wonder as to why the forum's Republicans remain silent about their party's activities. Members of their party want our country to default on its obligations, causing nationwide and global economic chaos. Also, these Republicans want to rid themselves of the Republican leader who made the deal with the White House.

    Fox News reports, "House Freedom Caucus members on Tuesday said they would oppose the debt ceiling agreement reached by President Biden House Speaker Kevin McCarthy, and called on McCarthy to scrap the weekend deal to work on something that would more aggressively cut back on government spending.

    "Ten members of the caucus told reporters that the deal allows for unlimited borrowing, includes cuts that mostly reflect emergency COVID spending that should be ending anyway, and fails to include measures for border security. House Freedom Caucus Chairman Scott Perry, R-Penn., described the deal as "absolutely and completely unacceptable."

    After today, there are six days left before we descend into economic hell.

    The deal needs to be approved by both the Republican-controlled House and the Senate, which is controlled by the Democrats.

    Politico reports, "Conservative angst over the debt deal is threatening to trigger Kevin McCarthy’s biggest fear — a push to oust him from the speakership.

    "Rep. Dan Bishop (R-N.C.) on Tuesday became the first House conservative to explicitly state he is considering a push to strip McCarthy of the gavel over his recent deal with President Joe Biden."

    After all, what can the forum's Republicans say? This is their party. This is their party's idea of leadership.
     
  17. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    ABC reports, "The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy faces its first major test Tuesday, just days before a potential default.

    "With little time for delay, the powerful House Rules Committee, which controls how, when and whether a measure will be handled on the House floor, convened Tuesday afternoon to consider the Fiscal Responsibility Act.

    "Today's bill is a product of compromise and reflects the realities of a divided government," Rep. Tom Cole, R-Okla., said as he began the meeting.

    "After debate, the committee will decide whether to advance the legislation so the full House can hold a planned vote on Wednesday and send it to the Senate ahead of Monday's default deadline.

    "House Freedom Caucus members on the committee, Reps. Chip Roy of Texas and Ralph Norman of North Carolina, vowed to try to block the bill from moving forward. Roy issued a veiled threat that there could be consequences if the deal goes through.

    "Not one Republican should vote for this deal. It is a bad deal," Roy said at a House Freedom Caucus press conference on Tuesday.

    "Rep. Scott Perry, the chairman of the House Freedom Caucus, dodged questions on whether he'd support a motion to vacate -- a rule that would allow any House member to force a vote to attempt to remove the speaker.

    "I'll let each member speak for themselves. For me, I am focused on defeating this bill. What happens post that, and the agreements we have, we will decide once we determine the disposition of the bill in its finality," he said.
     
  18. Natty Bumpo

    Natty Bumpo Well-Known Member

    Joined:
    Nov 28, 2012
    Messages:
    41,497
    Likes Received:
    14,903
    Trophy Points:
    113
    Supporting democracy has a price. So does groveling before a "savvy genius."

    Since the war began, the Biden administration and the U.S. Congress have directed more than $75 billion in assistance to Ukraine, which includes humanitarian, financial, and military support, according to the Kiel Institute for the World Economy, a German research institute. The historic sums are helping a broad set of Ukrainian people and institutions, including refugees, law enforcement, and independent radio broadcasters, though most of the aid has been military-related. Dozens of other countries, including most members of the North Atlantic Treaty Organization (NATO) and the European Union, are also providing large aid packages to Ukraine.

    Since 1960, Congress has raised, extended, or revised the debt limit 78 separate times, of which 49 were under Republican presidents and 29 were under Democratic presidents, according to the Department of Treasury. In each of those instances, Congress took action on the debt limit before the nation defaulted.


    Under Trump, the debt ceiling was raised 3 times. 40% of our current national debt was actually accumulated under Trump.

     
    JonK22 likes this.
  19. FatBack

    FatBack Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    53,074
    Likes Received:
    49,446
    Trophy Points:
    113
    Gender:
    Male
    Don't you think a government should worry about our own damn border before we worry about a border halfway around the other side of the world whose citizens don't pay taxes to us?
     
    AmericanNationalist likes this.
  20. AmericanNationalist

    AmericanNationalist Well-Known Member

    Joined:
    Aug 28, 2013
    Messages:
    41,179
    Likes Received:
    20,956
    Trophy Points:
    113
    Gender:
    Male
    In part, old men and women in government are clinging to outdated ideas, and in other part, they feel obligated more to the 'international community' than they do to taxpaying citizens.
     
    FatBack likes this.
  21. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    Some of the forum's Republicans are trying to hide from the reality of the moment -- the debt ceiling crisis caused by Republicans that threatens economic chaos.

    There is little wonder as to why the forum's Republicans remain silent about their party's activities. Members of their party want our country to default on its obligations, causing nationwide and global economic chaos. Also, these Republicans want to rid themselves of the Republican leader who made the deal with the White House.

    Fox News reports, "House Freedom Caucus members on Tuesday said they would oppose the debt ceiling agreement reached by President Biden House Speaker Kevin McCarthy, and called on McCarthy to scrap the weekend deal to work on something that would more aggressively cut back on government spending.

    "Ten members of the caucus told reporters that the deal allows for unlimited borrowing, includes cuts that mostly reflect emergency COVID spending that should be ending anyway, and fails to include measures for border security. House Freedom Caucus Chairman Scott Perry, R-Penn., described the deal as "absolutely and completely unacceptable."

    After today, there are six days left before we descend into economic hell.

    The deal needs to be approved by both the Republican-controlled House and the Senate, which is controlled by the Democrats.

    Politico reports, "Conservative angst over the debt deal is threatening to trigger Kevin McCarthy’s biggest fear — a push to oust him from the speakership.

    "Rep. Dan Bishop (R-N.C.) on Tuesday became the first House conservative to explicitly state he is considering a push to strip McCarthy of the gavel over his recent deal with President Joe Biden."

    After all, what can the forum's Republicans say? This is their party. This is their party's idea of leadership.
     
  22. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    This is what their party is doing, and some Forum Republicans don't want you to know that.

    ABC reports, "The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy faces its first major test Tuesday, just days before a potential default.

    "With little time for delay, the powerful House Rules Committee, which controls how, when and whether a measure will be handled on the House floor, convened Tuesday afternoon to consider the Fiscal Responsibility Act.

    "Today's bill is a product of compromise and reflects the realities of a divided government," Rep. Tom Cole, R-Okla., said as he began the meeting.

    "After debate, the committee will decide whether to advance the legislation so the full House can hold a planned vote on Wednesday and send it to the Senate ahead of Monday's default deadline.

    "House Freedom Caucus members on the committee, Reps. Chip Roy of Texas and Ralph Norman of North Carolina, vowed to try to block the bill from moving forward. Roy issued a veiled threat that there could be consequences if the deal goes through.

    "Not one Republican should vote for this deal. It is a bad deal," Roy said at a House Freedom Caucus press conference on Tuesday.

    "Rep. Scott Perry, the chairman of the House Freedom Caucus, dodged questions on whether he'd support a motion to vacate -- a rule that would allow any House member to force a vote to attempt to remove the speaker.

    "I'll let each member speak for themselves. For me, I am focused on defeating this bill. What happens post that, and the agreements we have, we will decide once we determine the disposition of the bill in its finality," he said.
     
  23. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    ABC reports, "The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy cleared a major procedural hurdle on Tuesday night, just days before a potential default by the U.S. government.

    "The House Rules Committee gave the green light for the Fiscal Responsibility Act to advance to the full House so members can hold a planned vote on Wednesday night before sending the legislation to the Senate ahead of Monday’s default deadline.

    "The panel advanced the bill to the floor for debate in a narrow 7-6 vote.

    "A deal to raise the nation's debt ceiling is heading to a crucial vote in the House on Wednesday night, the next step in averting a potential default now just days away.

    "A subsequent vote to begin debate on the bill, on Wednesday afternoon, was approved by the House 241-187 when about three dozen Democrats joined a majority of Republicans in voting yes.

    "A full floor vote is scheduled to start at 8:30 p.m. Eastern and the legislation is expected to pass then as well, but frustration in both parties has seen leaders working around the clock to shore up enough support among their members. The Treasury Department has estimated that the government will run out of cash to pay all of its bills by Monday."
     
  24. Sandy Shanks

    Sandy Shanks Banned

    Joined:
    Jun 27, 2016
    Messages:
    26,679
    Likes Received:
    6,470
    Trophy Points:
    113
    House Republicans attempted to hold our economy and the global economy hostage by passing a debt ceiling package that gutted our President's administration. The President, however, forced the Republicans to back down, and he succeeded in overcoming the threat of economic chaos of catastrophic proportions.

    Thanks to President Biden, we have good news today.

    The Times reports, "After weeks of political impasse, tense negotiations and mounting economic anxiety, the Senate gave final approval on Thursday night to bipartisan legislation suspending the debt limit and imposing new spending caps, sending it to President Biden and ending the possibility of a calamitous government default.

    "The approval by the Senate on a 63-to-36 vote brought to a close a political showdown that began brewing as soon as Republicans narrowly won the House in November, promising to use their new majority and the threat of a default to try to extract spending and policy concessions from Mr. Biden."

    President Biden promised to sign it as soon as possible and address the nation from the Oval Office on Friday evening.
     

Share This Page