Anonymous wrote:Biden at a recent press conference:

Reporter: Will you compromise with McCarthy on his proposed cuts?

Biden: What cuts has he proposed?

Reporter: There's a list. A long list.

Biden: What's on that list?

Reporter: ....

[Narrator: There is no list & McCarthy has not proposed any cuts.]

https://twitter.com/atrupar/status/1656324496444235777

That summary doesn't do that justice. That clip is awesome. He left that reporter just sitting there with no answer. Just shows how sharp Biden is.

Biden at a recent press conference:

Reporter: Will you compromise with McCarthy on his proposed cuts?

Biden: What cuts has he proposed?

Reporter: There's a list. A long list.

Biden: What's on that list?

Reporter: ....

[Narrator: There is no list & McCarthy has not proposed any cuts.]

https://twitter.com/atrupar/status/1656324496444235777

Anonymous wrote:

Anonymous wrote:Put another way, Biden knew how much he could spend under the current debt limit and he blew right past it with the Infrastructure Bill.

Congress enacted the Infrastructure Bill, doofus.

The infrastructure bill was also debt neutral

HEATHER COX RICHARDSON:

WELL DUH, OF COURSE THE REPUBLICANS ARE OPPOSED TO THIS:
Then Biden laid out the differences between his budget proposal and the newly released guidelines offered by the House Republicans. He noted that his budget has $3 trillion in cuts that the House Republicans oppose because they end benefits for corporations and the wealthy. His budget saves the country $200 billion by permitting Medicare to negotiate drug prices with pharmaceutical companies, and cuts $30 billion in tax subsidies for oil companies—which, he noted, made $200 billion in profits last year.

His budget also funds the Internal Revenue Service to enable it to stop tax cheats; the Congressional Budget Office says that will raise $200 billion. Biden also wants to increase the number of inspectors general in the government to watch how money is spent, citing estimates that each dollar spent on inspectors general saves $10 in wasteful spending. The Republican plan would cut all of these measures, making suspect their claim that they want to address the deficit.

Anonymous wrote:Put another way, Biden knew how much he could spend under the current debt limit and he blew right past it with the Infrastructure Bill. He is going to push us to a place where we devalue the dollar. He is such an incredibly bad president for the economy and all the smoke and mirrors don’t hide what people see in their bank accounts. People see the layoffs or feel the layoffs. People see the government stepping in to insure loans beyond what FDIC requires. Most of this country doesn’t have savings over $250,000 and yet this administration saw fit to bail out people who stupidly kept accounts higher than that limit. Bailing out the rich while squeezing the poor and middle class. Biden is the worst ever.

The debt limit is about money already spent, ie the unfunded Trump tax cuts. This has almost nothing to do with the Biden bills, which had a number of balances associated with it.

It is funny you say he has been a bad president for the economy, when, other than inflation, you couldn't be more wrong. In fact, the last 3 GOP presidents have aggregated for less than 5% of the job growth in the US over the past 40 years, while the last three Democrat presidents going back to Clinton, are responsible for the balance.

The last three GOP presidents left office with the economy in recession, massive job loss and a shrinking GDP.

The last three Dem presidents, including Biden have inherited those recessions and put the US back on track by every metric.

Under Biden, there is inflation. How much of that is due to private companies jacking up prices because they could? Look at the last three quarters of financial reports from the Fortune 500 for your answer.

And...those other Western/Industrialized countries have MORE inflation than the US in the same period, so you can't blame Biden for it, and in fact, the Inflation Reduction Act has actually made the US and its economy MORE COMPETITIVE than our western peers.

Facts are important.

Anonymous wrote:They can’t handle the fact record unemployment happened under Biden. They must tank our country.

Wait, what? You mean record EMPLOYMENT, right?

They can’t handle the fact record unemployment happened under Biden. They must tank our country.

Anonymous wrote:

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.

Wrong. McCarthy is proposing not to pay obligations previously approved by Congress. Congress exercised the power of the purse and now wants to renege on the obligations it chose to incur.

Anonymous wrote:Put another way, Biden knew how much he could spend under the current debt limit and he blew right past it with the Infrastructure Bill.

Congress enacted the Infrastructure Bill, doofus.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

So where is McCarthys budget then?

It wouldn’t matter. McCarthy could have a budget that is polished and perfect and Biden won’t even discuss it because.. he is basically a dictator.

I would love to see his budget, because I'm curious to see how 2+2 can equal 5. He's made promises that are mathematically impossible, so yes, I'd like to see how he does it.

Put another way, Biden knew how much he could spend under the current debt limit and he blew right past it with the Infrastructure Bill. He is going to push us to a place where we devalue the dollar. He is such an incredibly bad president for the economy and all the smoke and mirrors don’t hide what people see in their bank accounts. People see the layoffs or feel the layoffs. People see the government stepping in to insure loans beyond what FDIC requires. Most of this country doesn’t have savings over $250,000 and yet this administration saw fit to bail out people who stupidly kept accounts higher than that limit. Bailing out the rich while squeezing the poor and middle class. Biden is the worst ever.

Anonymous wrote:

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.

So where is McCarthys budget then?

Anonymous wrote:

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.

There is the expectation that he will do that, but he's refusing because he knows that he can't find 22% to cut without touching spending that he has pledged not to cut

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.

I get that you don’t understand the budget and appropriations. It’s complicated. The debt ceiling increase, no matter how big, would not allow any discretionary spending past September 30, 2023. That’s when the current year’s appropriations acts end. This congress will have to enact new ones and McCarthy is free to try to negotiate any cuts in that hw wants to. But McCarthy doesn’t want to have that negotiation and take responsibility for putting cuts on the table.