Republicans and the debt ceiling

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Something like that. And cut all the subsidies and tax credits for renewable energy, and any carbon taxes that were passed. Would like to keep gas stoves and the current dishwashers.
It also depends on what you mean by Republicans. Eventually McConnell will cut a deal because he doesn't want to cut spending much, his donors need to get their money's worth.

McConnell? You mean McCarthy?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So according to KJP, we should raise the debt ceiling and give Biden whatever he wants because otherwise some adults might have to pay back their student loans. Ridiculous. This is not something most people support. So tone deaf. So out of touch.

It is, actually.

DP. Only in your bubble.

I just posted the Mammouth poll. 75% of Americans disagree with the GOP tactics.

Mammouth? You mean Monmouth?

It's getting ridiculous in here. I don't really care about polls.

You can gin up a poll to tell you anything you want it to.

[Anonymous]

If the right really cared about fiscal responsibility, it would not have unilaterally passed tax cuts without offsets to keep the spending balanced.

Everything else is just gaslighting.

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Something like that. And cut all the subsidies and tax credits for renewable energy, and any carbon taxes that were passed. Would like to keep gas stoves and the current dishwashers.
It also depends on what you mean by Republicans. Eventually McConnell will cut a deal because he doesn't want to cut spending much, his donors need to get their money's worth.

McConnell? You mean McCarthy?

No, I mean McConnell. I haven't seen McCarthy enough to know if he is in the same camp as McConnell.
Mitch likes to play failure theater. We'd do what you conservatives want, we just don't have enough votes, and that number changes from 41 to 50 to 51 to 60.
Previous debt ceiling showdown had something about a commission to cut spending and a sequester, with generally higher spending.
We will end up with maybe some cuts, but nothing of substance, while pretending something happened.
Then again McCarthy is only asking for a cut to 1% above 2022 spending levels, which isn't much of a cut.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Something like that. And cut all the subsidies and tax credits for renewable energy, and any carbon taxes that were passed. Would like to keep gas stoves and the current dishwashers.
It also depends on what you mean by Republicans. Eventually McConnell will cut a deal because he doesn't want to cut spending much, his donors need to get their money's worth.

McConnell? You mean McCarthy?

No, I mean McConnell. I haven't seen McCarthy enough to know if he is in the same camp as McConnell.
Mitch likes to play failure theater. We'd do what you conservatives want, we just don't have enough votes, and that number changes from 41 to 50 to 51 to 60.
Previous debt ceiling showdown had something about a commission to cut spending and a sequester, with generally higher spending.
We will end up with maybe some cuts, but nothing of substance, while pretending something happened.
Then again McCarthy is only asking for a cut to 1% above 2022 spending levels, which isn't much of a cut.

I don't see House GOP taking their orders from McConnell.

[Anonymous]

Anonymous wrote:

It really is. Not enough people are talking about this. If the US economy implodes for a while, it's a win win for Putin.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

It really is. Not enough people are talking about this. If the US economy implodes for a while, it's a win win for Putin.

Then stop jacking up the price of gas artificially with executive orders.

It's Russia's number one export.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

It really is. Not enough people are talking about this. If the US economy implodes for a while, it's a win win for Putin.

Then stop jacking up the price of gas artificially with executive orders.

It's Russia's number one export.

The president of the united states does not control the cost of gas.

That would be socialism. If you don't like the cost of gas, then complain to the oil companies, who have been reporting record profits the last 8 reporting quarters.

[Anonymous]

This...is GOP "fiscal responsibilty"

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Bless your little heart, sweetheart... at the $350 billion in revenue level Treasury takes in monthly, all confiscatory spending (80% of current levels) are covered. Nice try though

Nope

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So according to KJP, we should raise the debt ceiling and give Biden whatever he wants because otherwise some adults might have to pay back their student loans. Ridiculous. This is not something most people support. So tone deaf. So out of touch.

It is, actually.

DP. Only in your bubble.

I just posted the Mammouth poll. 75% of Americans disagree with the GOP tactics.

Mammouth? You mean Monmouth?

It's getting ridiculous in here. I don't really care about polls.

You can gin up a poll to tell you anything you want it to.

Maga cites polls all the time (BiDeN iS uNpOpUlAr) so your “I don’t really care about polls” falls flat.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

It really is. Not enough people are talking about this. If the US economy implodes for a while, it's a win win for Putin.

Then stop jacking up the price of gas artificially with executive orders.

It's Russia's number one export.

The president of the united states does not control the cost of gas.

That would be socialism. If you don't like the cost of gas, then complain to the oil companies, who have been reporting record profits the last 8 reporting quarters.

Oh, that’s right, who smacked down the attempted response to stop the oil companies price gouging… the GOP! They like the profits they’re making and the party they own isn’t going to be allowed to do anything to affect prices.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

It really is. Not enough people are talking about this. If the US economy implodes for a while, it's a win win for Putin.

Then stop jacking up the price of gas artificially with executive orders.

It's Russia's number one export.

The president of the united states does not control the cost of gas.

That would be socialism. If you don't like the cost of gas, then complain to the oil companies, who have been reporting record profits the last 8 reporting quarters.

Oh, that’s right, who smacked down the attempted response to stop the oil companies price gouging… the GOP! They like the profits they’re making and the party they own isn’t going to be allowed to do anything to affect prices.

There is no such thing as price gouging. Supply and demand. They can charge whatever they want. You can buy it or not.

Biden attacked oil discovery, permitting, leases, refining, transport and everything in between with bureaucracy. He did this to give an edge to alternative forms of energy. As I stated before, he's an ideologue. Biden is a believer not a thinker, just like George W Bush. He's a danger to the well being of the US in a competitive global economy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Something like that. And cut all the subsidies and tax credits for renewable energy, and any carbon taxes that were passed. Would like to keep gas stoves and the current dishwashers.
It also depends on what you mean by Republicans. Eventually McConnell will cut a deal because he doesn't want to cut spending much, his donors need to get their money's worth.

McConnell? You mean McCarthy?

No, I mean McConnell. I haven't seen McCarthy enough to know if he is in the same camp as McConnell.
Mitch likes to play failure theater. We'd do what you conservatives want, we just don't have enough votes, and that number changes from 41 to 50 to 51 to 60.
Previous debt ceiling showdown had something about a commission to cut spending and a sequester, with generally higher spending.
We will end up with maybe some cuts, but nothing of substance, while pretending something happened.
Then again McCarthy is only asking for a cut to 1% above 2022 spending levels, which isn't much of a cut.

I don't see House GOP taking their orders from McConnell.

DP, but the final deal is going to be whatever can pass the Senate with the support of almost all Democrats and at least 20 Republicans. That would get enough Democratic votes in the House because at least half of House Republicans will burn it all down before they support anything the Senate would pass and Biden would sign.