Republicans and the debt ceiling

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

Trump had GOP congress for his first two years. Notice the deficit did not go down even though reducing deficits is really really important to republicans.

[Anonymous]

Anonymous wrote:Things Republicans would like you to not know or forget:

- Their tax cuts and unfunded wars are the primary cause of the national debt.
- They hate middle class Americans who rely on Social Security, Medicare, and Medicaid. Together, these programs account for half the yearly budget. If they cared about these people, they would fully fund the government.
- The wealthy are not overburdened by taxes, but they like to say that. In particular, they point to the share of federal income tax paid by the wealthy. What they don’t tell you is that the wealthy make a disproportionate amount of the country’s income and when TOTAL tax burden (state, local, and federal payroll taxes, in addition to federal income tax) is considered, the US has a flat tax rate across income levels.

Here’s one to add:

- They want you to believe that government regulation is a deadweight loss to society, but time and again financial crises, ecological disasters (coal mine, natural gas, and oil field practices, railroad derailments, etc.), and even the student loan crisis (must of the bad loans are for students who attended for-profit schools. President Bush opened federal student loans to this segment) lie at the feet of Republican actions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

do you remember when Trump and the GOP passed the last tax cut in 2017 that even at the time was deemed unsustainable? Nancy Pelosi and the democrats voted agaist it but they were the minority.

see Forbes and WSJ, two notoriously commie outlets (and all this was before the pandemic, so the pandemic is no excuse)

https://www.forbes.com/sites/christianweller/2020/01/29/trumps-wasteful-tax-cuts-lead-to-continued-trillion-dollar-deficits-in-expanding-economy/?sh=79cd87a066c4

https://www.wsj.com/articles/trumps-tax-cut-underdelivers-which-could-embolden-democrats-who-want-it-reversed-11572447580

G. Bush did it too, aggressive tax cut (mostly for the wealthy), big defense spending and huge deficits. in the past 30+ years, the Dems are the ones coming in and cleaning up the mess

[Anonymous]

We aren't defaulting on our debt... the Treasury takes in about $350 billion per month in revenue and debt service is $67 billion per month.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

Trump had GOP congress for his first two years. Notice the deficit did not go down even though reducing deficits is really really important to republicans.

The first year was still Obama's budget, the deficit was flat. Then, the GOP passed the 2017 Budget/Tax bill, and the debt and deficit exploded.

[Anonymous]

Anonymous wrote:We aren't defaulting on our debt... the Treasury takes in about $350 billion per month in revenue and debt service is $67 billion per month.

Ok, we’re defaulting on our obligations. Tell granny to stuff it. Also, tell her doctors to stuff it too. Oh, and tell the defense contractors to keep the goods coming despite a lack of resources. You make a distinction with little difference. We need a functioning government.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We aren't defaulting on our debt... the Treasury takes in about $350 billion per month in revenue and debt service is $67 billion per month.

Ok, we’re defaulting on our obligations. Tell granny to stuff it. Also, tell her doctors to stuff it too. Oh, and tell the defense contractors to keep the goods coming despite a lack of resources. You make a distinction with little difference. We need a functioning government.

A functioning government has a plan on paying these 'obligations' based on a priority basis. And guess what.. granny, her doctor and my social security retirement will all be paid based on current revenue.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We aren't defaulting on our debt... the Treasury takes in about $350 billion per month in revenue and debt service is $67 billion per month.

Ok, we’re defaulting on our obligations. Tell granny to stuff it. Also, tell her doctors to stuff it too. Oh, and tell the defense contractors to keep the goods coming despite a lack of resources. You make a distinction with little difference. We need a functioning government.

A functioning government has a plan on paying these 'obligations' based on a priority basis. And guess what.. granny, her doctor and my social security retirement will all be paid based on current revenue.

The Dems have one. Their budgets routinely reduce the deficit spending while investing in our country and our people.
The GOP continues to cut taxes, consolidating an Oligarch class, while cutting people off from education and opportunity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am not sure if the matters - our friend got her student debt (over 50k) forgiven but yet they paid off their house in 15 years. Great for them no mortgage; but seems like a scam to me that she did not have to pay off her law school bill. Tax payers did when she obviously could afford it. That type of government spending is annoying to me.

The scam is in schools costing so much that you have to take out $50k in loans in the first place. The US is the only place where this happens.
Likewise, that healthcare and pharma in America is as expensive as it is is yet another huge scam.

Yet here you are blaming citizens who are victims of the scam.

Because everything the govt subsidzes like school and healthcare rise much faster in cost. Why? B/c the govt just pays the bills, unlike consumers who earn their money. When you just dump money from the sky on business, of course they will raise prices to soak up all that free govt money. Why? B/c they can!

Consumers walk away and seek alternatives when prices get nutty. Govt doesn't care.

[Anonymous]

Anonymous wrote:We aren't defaulting on our debt... the Treasury takes in about $350 billion per month in revenue and debt service is $67 billion per month.

I'm sure Biden will be happy to send a note from McCarthy to all the folks on Social Security telling then that since Social Security is not technically a "debt," they aren't owed anything. But it's cool because we're still paying bond holders.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

Where was Nancy Pelosi and the democrat congress in all that?

do you remember when Trump and the GOP passed the last tax cut in 2017 that even at the time was deemed unsustainable? Nancy Pelosi and the democrats voted agaist it but they were the minority.

see Forbes and WSJ, two notoriously commie outlets (and all this was before the pandemic, so the pandemic is no excuse)

https://www.forbes.com/sites/christianweller/2020/01/29/trumps-wasteful-tax-cuts-lead-to-continued-trillion-dollar-deficits-in-expanding-economy/?sh=79cd87a066c4

https://www.wsj.com/articles/trumps-tax-cut-underdelivers-which-could-embolden-democrats-who-want-it-reversed-11572447580

G. Bush did it too, aggressive tax cut (mostly for the wealthy), big defense spending and huge deficits. in the past 30+ years, the Dems are the ones coming in and cleaning up the mess

Dems voted against it because they wanted MORE spending.

Nancy stated if you want more military spending, you have to match with social spending increases dollar to dollar.

Don't act like this didn't happen.

[Anonymous]

Revenues are up. Spending is up more than revenues.
And Social Security is making things worse every year, as its surplus is shrinking, and they only keep the funds separate on paper.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am not sure if the matters - our friend got her student debt (over 50k) forgiven but yet they paid off their house in 15 years. Great for them no mortgage; but seems like a scam to me that she did not have to pay off her law school bill. Tax payers did when she obviously could afford it. That type of government spending is annoying to me.

The scam is in schools costing so much that you have to take out $50k in loans in the first place. The US is the only place where this happens.
Likewise, that healthcare and pharma in America is as expensive as it is is yet another huge scam.

Yet here you are blaming citizens who are victims of the scam.

Because everything the govt subsidzes like school and healthcare rise much faster in cost. Why? B/c the govt just pays the bills, unlike consumers who earn their money. When you just dump money from the sky on business, of course they will raise prices to soak up all that free govt money. Why? B/c they can!

Consumers walk away and seek alternatives when prices get nutty. Govt doesn't care.

The government negotiates Medicare rates. Doctors hate them because they’re too low. Democrats have been trying to get the right to negotiate drug prices, but the Republicans have resisted. Sounds like the government CAN do well, but some don’t want the government to succeed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It makes perfect sense why the DCUM boards are filled to the rim with Democrats / Liberals. The DC area is very blue. I guess these people love paying taxes.

It’s patriotic to pay my fair share of taxes, yes. State and local. I want to fund first responders, teachers, social services, infrastructure, national defense, regulation of food and product safety, environmental protection, etc. All the things that make our society work. I believe in the common good.

I’m assuming you don’t. Or you are like those who complain they can’t access newspaper articles online without paying for them, as if journalism sprouts up for free.

Going broke will not help the common good. And, lots of that spending is not needed.
Have you ever worked for the federal government? Been asked to find places to spend money in late September? Lots of waste.

Then stop supporting republicans who have the fiscal management strengths of the guy you cited who lives in a mansion with $50k equity in it. They are the ones who have driven this country off the fiscal cliff with their deficit spending and tax cuts, while exploding the defense budget.

You keep toeing the party line which are filled with lies.

That chart isn't quite as favorable as they want to make it seem. Obama's deficits are high with his lowest ones comparable to Bush's highest. Yet he is credited for doing deficit reduction because he spend a lot of money the first two years he had full control of Congress.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We aren't defaulting on our debt... the Treasury takes in about $350 billion per month in revenue and debt service is $67 billion per month.

Ok, we’re defaulting on our obligations. Tell granny to stuff it. Also, tell her doctors to stuff it too. Oh, and tell the defense contractors to keep the goods coming despite a lack of resources. You make a distinction with little difference. We need a functioning government.

A functioning government has a plan on paying these 'obligations' based on a priority basis. And guess what.. granny, her doctor and my social security retirement will all be paid based on current revenue.

Why should Biden pay for your SS or your doctor?