Republicans and the debt ceiling

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So why does the republican house have to adopt Biden’s future spending plan? McCarthy had committed to paying the debts we currently owe? Why isn’t that enough?

You are very confused.

How? Seriously question. It is my understanding that the debt ceiling has to be raised to prevent a default. Is that correct? It is my understanding that McCarthy has committed to raising the debt ceiling to the level necessary to pay for obligations they the US government has already made. Is that correct? It is my understanding that the President has rejected that because he is ants the debt limit raised to a higher level that would ensure that obligations NOT yet made would be covered. Is that correct? If I am correct on all counts, then really it isn’t a matter of republicans refusing to raise the debt limit to a level necessary to prevent a default. It’s a matter of Biden wanting it to go even higher.

You are incorrect on virtually everything you wrote.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So why does the republican house have to adopt Biden’s future spending plan? McCarthy had committed to paying the debts we currently owe? Why isn’t that enough?

You are very confused.

How? Seriously question. It is my understanding that the debt ceiling has to be raised to prevent a default. Is that correct? It is my understanding that McCarthy has committed to raising the debt ceiling to the level necessary to pay for obligations they the US government has already made. Is that correct? It is my understanding that the President has rejected that because he is ants the debt limit raised to a higher level that would ensure that obligations NOT yet made would be covered. Is that correct? If I am correct on all counts, then really it isn’t a matter of republicans refusing to raise the debt limit to a level necessary to prevent a default. It’s a matter of Biden wanting it to go even higher.

You are incorrect on virtually everything you wrote.

What is going then? I keep hearing that McCarthy and lots of republicans have passed a bill that covers the debt. Is that wrong?

[Anonymous]

How? Seriously question. It is my understanding that the debt ceiling has to be raised to prevent a default
Is that correct?
Yes.
It is my understanding that McCarthy has committed to raising the debt ceiling to the level necessary to pay for obligations they the US government has already made. Is that correct?
No, he has not committed to raising the debt ceiling to the level needed to pay for obligations that the US government has already made.
It is my understanding that the President has rejected that because he is ants the debt limit raised to a higher level that would ensure that obligations NOT yet made would be covered. Is that correct?
No, the president wants to debt limit raised to exactly the level that would ensure that obligations ALREADY MADE would be covered.
If I am correct on all counts, then really it isn’t a matter of republicans refusing to raise the debt limit to a level necessary to prevent a default. It’s a matter of Biden wanting it to go even higher.
[b]You are incorrect. It is a matter of Rs refusing to raise the debt limit to a level necessary to prevent default on US obligations.

[Anonymous]

^You are incorrect. It is a matter of Rs refusing to raise the debt limit to a level necessary to prevent default on US obligations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So why does the republican house have to adopt Biden’s future spending plan? McCarthy had committed to paying the debts we currently owe? Why isn’t that enough?

You are very confused.

How? Seriously question. It is my understanding that the debt ceiling has to be raised to prevent a default. Is that correct? It is my understanding that McCarthy has committed to raising the debt ceiling to the level necessary to pay for obligations they the US government has already made. Is that correct? It is my understanding that the President has rejected that because he is ants the debt limit raised to a higher level that would ensure that obligations NOT yet made would be covered. Is that correct? If I am correct on all counts, then really it isn’t a matter of republicans refusing to raise the debt limit to a level necessary to prevent a default. It’s a matter of Biden wanting it to go even higher.

You are incorrect on virtually everything you wrote.

What is going then? I keep hearing that McCarthy and lots of republicans have passed a bill that covers the debt. Is that wrong?

Yes, that is wrong.

[Anonymous]

Anonymous wrote:

How? Seriously question. It is my understanding that the debt ceiling has to be raised to prevent a default
Is that correct?
Yes.
It is my understanding that McCarthy has committed to raising the debt ceiling to the level necessary to pay for obligations they the US government has already made. Is that correct?
No, he has not committed to raising the debt ceiling to the level needed to pay for obligations that the US government has already made.
It is my understanding that the President has rejected that because he is ants the debt limit raised to a higher level that would ensure that obligations NOT yet made would be covered. Is that correct?
No, the president wants to debt limit raised to exactly the level that would ensure that obligations ALREADY MADE would be covered.
If I am correct on all counts, then really it isn’t a matter of republicans refusing to raise the debt limit to a level necessary to prevent a default. It’s a matter of Biden wanting it to go even higher.
[b]You are incorrect. It is a matter of Rs refusing to raise the debt limit to a level necessary to prevent default on US obligations.

But this NPR article says otherwise. It says what I said.

https://www.npr.org/2023/04/28/1172684217/debt-ceiling-bill-mccarthy-biden-leverage

[Anonymous]

Anonymous wrote:

Anonymous wrote:

How? Seriously question. It is my understanding that the debt ceiling has to be raised to prevent a default
Is that correct?
Yes.
It is my understanding that McCarthy has committed to raising the debt ceiling to the level necessary to pay for obligations they the US government has already made. Is that correct?
No, he has not committed to raising the debt ceiling to the level needed to pay for obligations that the US government has already made.
It is my understanding that the President has rejected that because he is ants the debt limit raised to a higher level that would ensure that obligations NOT yet made would be covered. Is that correct?
No, the president wants to debt limit raised to exactly the level that would ensure that obligations ALREADY MADE would be covered.
If I am correct on all counts, then really it isn’t a matter of republicans refusing to raise the debt limit to a level necessary to prevent a default. It’s a matter of Biden wanting it to go even higher.
[b]You are incorrect. It is a matter of Rs refusing to raise the debt limit to a level necessary to prevent default on US obligations.

But this NPR article says otherwise. It says what I said.

https://www.npr.org/2023/04/28/1172684217/debt-ceiling-bill-mccarthy-biden-leverage

We must be reading different articles because it doesn’t say anything like that.

[Anonymous]

Ok. Maybe this one is at your reading level. He is raising the debt limit. He is then saying no, I’m not giving you a blank check.

https://www.reuters.com/world/us/mccarthys-debt-ceiling-bill-tests-unity-us-house-republicans-2023-04-26/

[Anonymous]

And, importantly, the bill was passed by a majority of Congressmen and women who represent more than half of the population of this country. So don’t talk to me about democracy and what Americans want anymore. They want inflation causing spending to STOP!

[Anonymous]

Anonymous wrote:Ok. Maybe this one is at your reading level. He is raising the debt limit. He is then saying no, I’m not giving you a blank check.

https://www.reuters.com/world/us/mccarthys-debt-ceiling-bill-I tests-unity-us-house-republicans-2023-04-26/

Biden has never asked for a blank check. McCarthy is welcome to propose a budget for next year. Biden has been asking him to do that for months now and he won’t do it. Instead he just says he wants to cut 22%, but won’t name a single thing he wants to cut. In fact, whenever the WH accuses him of wanting to cut various big items, like defense, veterans benefits, or law enforcement, he claims that wouldn’t actually get cut.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ok. Maybe this one is at your reading level. He is raising the debt limit. He is then saying no, I’m not giving you a blank check.

https://www.reuters.com/world/us/mccarthys-debt-ceiling-bill-I tests-unity-us-house-republicans-2023-04-26/

Biden has never asked for a blank check. McCarthy is welcome to propose a budget for next year. Biden has been asking him to do that for months now and he won’t do it. Instead he just says he wants to cut 22%, but won’t name a single thing he wants to cut. In fact, whenever the WH accuses him of wanting to cut various big items, like defense, veterans benefits, or law enforcement, he claims that wouldn’t actually get cut.

That is just false. A clean bill is a euphemism for no strings or a blank check. Biden wants to keep spending where it is and for some reason so do list democrats even though everyone can see it isn’t sustainable.

[Anonymous]

Anonymous wrote:And, importantly, the bill was passed by a majority of Congressmen and women who represent more than half of the population of this country. So don’t talk to me about democracy and what Americans want anymore. They want inflation causing spending to STOP!

This is provably wrong.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And, importantly, the bill was passed by a majority of Congressmen and women who represent more than half of the population of this country. So don’t talk to me about democracy and what Americans want anymore. They want inflation causing spending to STOP!

This is provably wrong.

The prove it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok. Maybe this one is at your reading level. He is raising the debt limit. He is then saying no, I’m not giving you a blank check.

https://www.reuters.com/world/us/mccarthys-debt-ceiling-bill-I tests-unity-us-house-republicans-2023-04-26/

Biden has never asked for a blank check. McCarthy is welcome to propose a budget for next year. Biden has been asking him to do that for months now and he won’t do it. Instead he just says he wants to cut 22%, but won’t name a single thing he wants to cut. In fact, whenever the WH accuses him of wanting to cut various big items, like defense, veterans benefits, or law enforcement, he claims that wouldn’t actually get cut.

That is just false. A clean bill is a euphemism for no strings or a blank check. Biden wants to keep spending where it is and for some reason so do list democrats even though everyone can see it isn’t sustainable.

No, it isn't The debt ceiling refers to money that has ALREADY been committed or spent. A budget codifies how future money will be spent. You are conflating the two, and the Bill the GOP has passed is not a budget or even a framework for a budget. It is a list of unachiveable asperations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok. Maybe this one is at your reading level. He is raising the debt limit. He is then saying no, I’m not giving you a blank check.

https://www.reuters.com/world/us/mccarthys-debt-ceiling-bill-I tests-unity-us-house-republicans-2023-04-26/

Biden has never asked for a blank check. McCarthy is welcome to propose a budget for next year. Biden has been asking him to do that for months now and he won’t do it. Instead he just says he wants to cut 22%, but won’t name a single thing he wants to cut. In fact, whenever the WH accuses him of wanting to cut various big items, like defense, veterans benefits, or law enforcement, he claims that wouldn’t actually get cut.

That is just false. A clean bill is a euphemism for no strings or a blank check. Biden wants to keep spending where it is and for some reason so do list democrats even though everyone can see it isn’t sustainable.

No, it isn't The debt ceiling refers to money that has ALREADY been committed or spent. A budget codifies how future money will be spent. You are conflating the two, and the Bill the GOP has passed is not a budget or even a framework for a budget. It is a list of unachiveable asperations.

Right. McCarthy had committed to paying our bills. We agree on that. But McCarthy has the right as speaker to draft a budget and he is setting fences around it and that is entirely ok and within his job. He is doing this job. Biden is trying to take the power of the purse away from McCarthy. Biden doesn’t get to decide how much is spent. The executive branch gets to decide how to prioritize the money appropriated to the various departments. Biden is wholly in McCarthy’s lane. Biden is going to cause a default.