Republicans and the debt ceiling

[Anonymous]

Anonymous wrote:

Most of the red states are "taker" states, meaning that get more from the federal government than the Federal government taxes their residents.
Also, there are more federal employees around the country than there are in DC and the DC region.

I think most blue "maker" state residents, at this point, would be happy to cut off the subsidies to the red states.

The issue is where to draw the line.

Start with cracking down on fraud in Medicaid, Medicare, SSI. All these people collecting checks claiming disability in red states.

[Anonymous]

Republicans love to nitpick. Like, they’ll throw a fit over government workers. Yet, government worker salaries and benefits are peanuts relative to the big budget line items. They do it because it excites the base, yet it does nothing for real budget progress.

[Anonymous]

Anonymous wrote:

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?

Last time I checked I paid into the social security system... as for granny and her doctor, that's your problem

[Anonymous]

Everything Republicans do is geared to making you hate government. Their greatest fear is that people will appreciate a functioning government and will want to fund it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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?

Last time I checked I paid into the social security system... as for granny and her doctor, that's your problem

Too bad. Republicans won't raise the debt ceiling so there's not enough cash to go around. You get nothing.

[Anonymous]

Cancel the Trump tax cuts and other tax cuts for the rich. Eliminate tax loopholes for the rich. Eliminate religious exemptions for churches that engage in politics and for those which do not help the poor and others in need. 15% minimum tax for any corporation doing $100m or more in business. Greatly tighten fiscal oversight and accountability in DOD/IC. Crack down on medicare fraud.
Negotiate better deals for pharma and healthcare via Medicare, VA, federal blue cross and other providers, and publish the negotiated rates so that other private sector insurers can demand the same.

Things like that will get us trillions and significantly reduce, if not completely balance the budget.

[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.

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.

Hello!…the early Obama deficits were due to the financial crisis that unfolded on Bush’s watch. Also, Obama inherited the unfunded war in Iraq. Democrats are always cleaning up Republican messes.

[Anonymous]

Anonymous wrote:

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.

We had a financial crisis in 2008. The SEC was found to be browsing porn all day.

Barney Frank and Maxine Waters told use there are no problems with the GSEs and Franklin Raines was doing an "outstanding job".

Did you forget this?

[Anonymous]

Anonymous wrote:Cancel the Trump tax cuts and other tax cuts for the rich. Eliminate tax loopholes for the rich. Eliminate religious exemptions for churches that engage in politics and for those which do not help the poor and others in need. 15% minimum tax for any corporation doing $100m or more in business. Greatly tighten fiscal oversight and accountability in DOD/IC. Crack down on medicare fraud.
Negotiate better deals for pharma and healthcare via Medicare, VA, federal blue cross and other providers, and publish the negotiated rates so that other private sector insurers can demand the same.

Things like that will get us trillions and significantly reduce, if not completely balance the budget.

Which is why the GOP opposes every single one of them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

We had a financial crisis in 2008. The SEC was found to be browsing porn all day.

Barney Frank and Maxine Waters told use there are no problems with the GSEs and Franklin Raines was doing an "outstanding job".

Did you forget this?

And yet, it was the GOP president who bailed out all the fat cat GOP-owning banks.

[Anonymous]

This poll is really bad for the GOP

Raise the debt ceiling and have the spending debate where it should be...with the Budget.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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?

Last time I checked I paid into the social security system... as for granny and her doctor, that's your problem

no, you paid a tax - just under a different name.

[Anonymous]

Anonymous wrote:Cancel the Trump tax cuts and other tax cuts for the rich. Eliminate tax loopholes for the rich. Eliminate religious exemptions for churches that engage in politics and for those which do not help the poor and others in need. 15% minimum tax for any corporation doing $100m or more in business. Greatly tighten fiscal oversight and accountability in DOD/IC. Crack down on medicare fraud.
Negotiate better deals for pharma and healthcare via Medicare, VA, federal blue cross and other providers, and publish the negotiated rates so that other private sector insurers can demand the same.

Things like that will get us trillions and significantly reduce, if not completely balance the budget.

Rumsfeld started a process of improving military procurement. Obama eliminated it.
Revenues are higher than ever. Look at European tax rates, and you will see you can't get the money you want without higher tax rates for the middle class and poor.
They have 25% sales taxes, which get hidden by implementing it as a VAT tax.
Medicare fraud should be step one, instead of passing Obamacare which expands the fraud.
If you think you can save money with waste fraud abuse, then show it with the government program that spends so much. Don't just claim you will save money by eliminating this in the rest of the health care system.

[Anonymous]

Anonymous wrote:This poll is really bad for the GOP

Raise the debt ceiling and have the spending debate where it should be...with the Budget.

[Anonymous]

Anonymous wrote:Cancel the Trump tax cuts and other tax cuts for the rich. Eliminate tax loopholes for the rich. Eliminate religious exemptions for churches that engage in politics and for those which do not help the poor and others in need. 15% minimum tax for any corporation doing $100m or more in business. Greatly tighten fiscal oversight and accountability in DOD/IC. Crack down on medicare fraud.
Negotiate better deals for pharma and healthcare via Medicare, VA, federal blue cross and other providers, and publish the negotiated rates so that other private sector insurers can demand the same.

Things like that will get us trillions and significantly reduce, if not completely balance the budget.

My lazy question for this thread is does anyone know what the demands are from repubs to raise the debt ceiling? I know it’s been a shifting situation where they change demands.

I haven’t done a deep dive into what they are asking for now. Is the main one that they want to rescind the IRS $80bn?

I know Google is my friend, but wondering if someone can offer a quick synopsis. Thank you.