Republicans and the debt ceiling

[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.

Duly noted.

CNN: Six in ten say cut spending with debt limit raise.

Now what?

[Anonymous]

Anonymous wrote:

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.

STRONG disagree.
You can charge whatever you want for luxuries and non-essentials, but when it's basic goods and services that everyone needs and depends on, it's GOUGING.
Also, for all of the supposed "attacking" that you insist Biden did, US domestic oil and gas production are at all-time highs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

STRONG disagree.
You can charge whatever you want for luxuries and non-essentials, but when it's basic goods and services that everyone needs and depends on, it's GOUGING.
Also, for all of the supposed "attacking" that you insist Biden did, US domestic oil and gas production are at all-time highs.

Oil and gas industry is subsidized out the a$$.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

STRONG disagree.
You can charge whatever you want for luxuries and non-essentials, but when it's basic goods and services that everyone needs and depends on, it's GOUGING.
Also, for all of the supposed "attacking" that you insist Biden did, US domestic oil and gas production are at all-time highs.

No it is not gouging.

You are NOT OWED anything.

[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.

Duly noted.

CNN: Six in ten say cut spending with debt limit raise.

Now what?

CNN? So John Malone says six in ten right?

[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.

It is easy to record profits when the President keeps your competitors from drilling for oil.

[Anonymous]

Anonymous wrote:

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.

Duly noted.

CNN: Six in ten say cut spending with debt limit raise.

Now what?

CNN? So John Malone says six in ten right?

https://www.cnn.com/2023/05/23/politics/cnn-poll-debt-ceiling-increase-spending-cuts/index.html

[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.

It is easy to record profits when the President keeps your competitors from drilling for oil.

Any decisions made about drilling for oil in 2021 or 2022 wouldn't see any new material production for at least 6 years. So those decisions have absolutely nothing to do with the supply in 2023. Add to it, there are hundreds of millions of gallons of reserve that could be tapped today by domestic drillers that are sitting fallow. So, no.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Duly noted.

CNN: Six in ten say cut spending with debt limit raise.

Now what?

CNN? So John Malone says six in ten right?

https://www.cnn.com/2023/05/23/politics/cnn-poll-debt-ceiling-increase-spending-cuts/index.html

Why are you posting a link to John Malone’s propaganda network. It’s Fox lite and their “polls” mean nothing. It all made up to please the right. It just more lies.

[Anonymous]

Anonymous wrote:

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.

That’s (one of) the nutty thing about this. Biden is negotiating with McCarthy, but McCarthy can’t deliver 218 votes in the house or 51 votes in the senate.

[Anonymous]

Are the Republicans looking for a little jolt to the economy to bring it to the brink of recession to enable their chances at winning back the White House?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

STRONG disagree.
You can charge whatever you want for luxuries and non-essentials, but when it's basic goods and services that everyone needs and depends on, it's GOUGING.
Also, for all of the supposed "attacking" that you insist Biden did, US domestic oil and gas production are at all-time highs.

No it is not gouging.

You are NOT OWED anything.

Survival and reasonable, affordable access to basic goods and services should be a fundamental right. In fact the Constitution can give the government the power to ensure it via the general welfare clause.

Corporations, on the other hand, are NOT OWED massive tax breaks, excessive profits and multimillion dollar compensation packages for their C-suite.

[Anonymous]

I am good with default at this point. Let’s do it!

[Anonymous]

Anonymous wrote:I am good with default at this point. Let’s do it!

Life must be tough for you.

You have NO idea the impact if what you are suggesting.

8 million out of work
Skyrocketing interest rates
Tankage in the stock and bond markets
much less the primary damage to vets, people on social security, medicare etc.

[Anonymous]

Anonymous wrote:Are the Republicans looking for a little jolt to the economy to bring it to the brink of recession to enable their chances at winning back the White House?

Yes