Republicans and the debt ceiling

[Anonymous]

Anonymous wrote:A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

AMEN!! This is the way to do it.

[Anonymous]

Anonymous wrote:A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

Yup that would make sense of republicans were actually serious. But we all know they’re not. Honestly I’ll kind an g annoyed that Biden is even negotiating with these fools, sets a bad precedent.

[Anonymous]

Ugh typos- *kind of annoyed*

[Anonymous]

Anonymous wrote:

Anonymous wrote:The only things that can be cut, which will make a difference, are DOD and low income / senior citizen benefits. All three groups are pretty much the republican base at this point, so I don't know that the Maga congress critters really know what they are doing.

Yes. Nothing else can be cut.

NOTHING.

OK, give us an outline of cuts that get even close to the 22% promised.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

AMEN!! This is the way to do it.

Just makes prices higher for everything people need.

Cutting government spending is the only way to stop hyperinflation

[Anonymous]

Anonymous wrote:

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

Yep that would be the way to do it. It would lower inflation as well. All the government spending increases is just driving up inflation and destroying the currency. Cutting government spending by 20 percent across the board would send a message that the United States is serious about the strength of the dollar and is grounded in reality.

Sure, it would also mean pretty much every rural hospital closes and a bunch of seniors relying on social security get evicted and a bunch of other seniors in medicaid facilities end up on the street, but a message would be sent

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

Yep that would be the way to do it. It would lower inflation as well. All the government spending increases is just driving up inflation and destroying the currency. Cutting government spending by 20 percent across the board would send a message that the United States is serious about the strength of the dollar and is grounded in reality.

Sure, it would also mean pretty much every rural hospital closes and a bunch of seniors relying on social security get evicted and a bunch of other seniors in medicaid facilities end up on the street, but a message would be sent

Education, pre-k funding, defense, environmental initiatives and clean ups, SNAP for kids, the FBI, Sesame Street, the military, the federal workforce, government contractors and on and on.

20% cuts across the board sounds like a surefire way of becoming Greece. No thanks.

[Anonymous]

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

The bond holders are not going to take a 20% haircut. Also, the Republicans loudly declared during the State of the Union that they will not entertain the notion of cutting Social Security or Medicare. In fact, they were offended by the idea that they might want to do this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

Yep that would be the way to do it. It would lower inflation as well. All the government spending increases is just driving up inflation and destroying the currency. Cutting government spending by 20 percent across the board would send a message that the United States is serious about the strength of the dollar and is grounded in reality.

You're ludicrously naive and have absolutely no understanding of how anything works. And, it would be the exact opposite- it would send a message that the United States is an unserious country that does random and arbitrary things without regard to internal consequences.

Haha..

Unlimited money printing, open borders, insolvent banks, hyperinflation, allowing proxy Ww3 in Europe, surging crime, lower life expectancies…

That’s a unserious country.

Belt tightening and paying bills with dollars that aren’t eroded by inflation is serious.

You are deeply committed to the Fox News Cinematic Universe.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Why would anybody buy treasuries?

1) They are always defaulted on with dollars worth infinitely less than those that were invested.

2) the democrats always say if the debt ceiling isn’t raised (I.E. more suckers don’t lend more money) they won’t pay the investors back… even though the interest is only 600 million and they take in 5 trillion a year in taxes and can easily pay. In other words ..bond holders are the last priority in the budget.

3) to add insult to injury the 4 percent yield is TAXED!!


What a horrible Ponzi scheme investment to a entity that literally tells you you’re an idiot.

Probably because they aren't morons like you.

You've got to remember that these are just simple farmers. These are people of the land. The common clay of the new West. You know… morons.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

AMEN!! This is the way to do it.

Just makes prices higher for everything people need.

Cutting government spending is the only way to stop hyperinflation

We have hyperinflation today? Tell me you didn't live through the 80s without telling me you didn't live through the 80s.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

Spending isn't the problem, the irresponsible GOP tax cuts are.

Gotta have more money to pay illegals…

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

Spending isn't the problem, the irresponsible GOP tax cuts are.

Gotta have more money to pay illegals…

Yes it is the biggest item on the federal budget…isn’t it?

[Anonymous]

Why is Biden negotiating? There is no reason to negotiate. Moderate democrats enable maga.

[Anonymous]

So all parties agree that the debt ceiling is off the table- ie all agree they will not default. Why is Biden negotiating anything?

So basically the dems are agreeing to budget cuts in programs they care about for no reason. Great leadership!