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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Biden can ignore the congress and just tell the world that the US will meet its obligations.

What recourse does the Congress have? It is constitutional to meet the faith and credit of the US on behalf of the Executive Branch.[/quote]

The House has already passed the bill to do this.  The ball is in the Senate's court along with Biden.[/quote]

You think anyone is buying this???

You passed a bill that holds the full faith and credit of the IS hostage to the insane demands of your base.  That’s all you did.  [/quote]

It does nothing of the sort.  Suppose nothing passed.  There is still revenue coming in.  This money is more than enough to pay interest on the national debt.

There is no default in play, but both sides enjoy pretending it is.  The only thing being held up is the ability of the executive to borrow MORE money.
There is no scenario, whether a deal is reached or not, that would produce a default on US debt.[/quote]

Fine, you’re holding not just the full faith and credit of the US hostage but the entire economy.  Make more sense to you now?

You want to dismantle this country.

Negotiate the budget for future spending, by all means.

But refusing to pay our debts as leverage in that negotiation is not just reckless, it’s insane.  Using your grocery money to pay your credit card debt is not a solution to anything.  You’re gonna end up starving on the street.[/quote]

You still have it wrong.  There is no refusal to pay debts.  In your analogy it would be about not putting more money on the credit card, whether to pay groceries or something else.  [/quote]

You are wrong. The debt ceiling is about spending that has already happened. The GOP cut taxes, increased spending, increased spending again and had no mechanism to pay for it, so the debt ceiling had to be raised three times under Trump, which happened in a  bi-partisan manner. The current debt ceiling is to pay for the same Trump debt as before, and now the GOP is balking paying for it.

(note, the Biden spending has been paying for itself)[/quote]

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