Anonymous
05/16/2023 15:36
Subject: Republicans and the debt ceiling
Anonymous wrote:Everyone keeps saying this, including McConnell and McCarthy, but the reality is default is not on the table. All debts can be paid without raising the debt ceiling.
This is all about the government needing authorization to borrow MORE money.
If the budget was balanced, there would be no need for a debt ceiling increase, other than higher interest rates cause the budget to go out of balance with higher debt payments.
Math is not your strong suit, is it?
Anonymous
05/16/2023 15:33
Subject: Republicans and the debt ceiling
Everyone keeps saying this, including McConnell and McCarthy, but the reality is default is not on the table. All debts can be paid without raising the debt ceiling.
This is all about the government needing authorization to borrow MORE money.
If the budget was balanced, there would be no need for a debt ceiling increase, other than higher interest rates cause the budget to go out of balance with higher debt payments.
This is all about the government needing authorization to borrow MORE money.
If the budget was balanced, there would be no need for a debt ceiling increase, other than higher interest rates cause the budget to go out of balance with higher debt payments.
Anonymous
05/16/2023 15:27
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
FWIW I think there are several Freedom Caucus types who want to default and plan to reject any offer from Biden. They figure either nothing will happen so it’s NBD, or the economy will collapse, Biden will get the blame, and Trump will be swept into office in a landslide in 2024. Either way, there’s no downside for them. In the end, I think it will come down to Kevin McCarthy and the titans of finance who will be breathing down his neck at the 11th hour.
That's probably true. But the official position from both McConnell and McCarthy is that they want to raise the debt ceiling to avoid a default. So saying that they'll raise the debt ceiling is not a concession. An actual negotiation involves both sides giving things up.
McCarthy can’t deliver the votes. There are more than 100 House Republicans who will vote against anything Biden or any Democrat would agree to. The final bill is going to need a lot of Democratic votes in the House and all the Democrats in the Senate. McCarthy needs to learn how to count votes and be honest about how many would support a realistic deal. It may not be very many.
Probably the best thing Biden has going for him are the Freedom Caucus crazies who will reject any concession he makes just for the hell of it. They will put enormous pressure on Kevin McCarthy. Eventually, hopefully, Biden will come to his senses, like when you make a ridiculous offer for a crappy item on eBay, realize the item is crappy, and then PRAY the seller will turn it down in hopes of getting a few dollars more out of you.
Anonymous
05/16/2023 15:27
Subject: Republicans and the debt ceiling
Don't forget that Neera Tandin replaced Susan Rice as head domestic policy advisor. Neera Tandin has been wrong about virtually everything her entire career.
Anonymous
05/16/2023 14:56
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
Presumably, you opposed the Trump tax cuts because much of the deficit is due to those cuts. But frankly the tribe has no principles as reflected once again in the current debate.
Anonymous
05/16/2023 14:48
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
FWIW I think there are several Freedom Caucus types who want to default and plan to reject any offer from Biden. They figure either nothing will happen so it’s NBD, or the economy will collapse, Biden will get the blame, and Trump will be swept into office in a landslide in 2024. Either way, there’s no downside for them. In the end, I think it will come down to Kevin McCarthy and the titans of finance who will be breathing down his neck at the 11th hour.
That's probably true. But the official position from both McConnell and McCarthy is that they want to raise the debt ceiling to avoid a default. So saying that they'll raise the debt ceiling is not a concession. An actual negotiation involves both sides giving things up.
McCarthy can’t deliver the votes. There are more than 100 House Republicans who will vote against anything Biden or any Democrat would agree to. The final bill is going to need a lot of Democratic votes in the House and all the Democrats in the Senate. McCarthy needs to learn how to count votes and be honest about how many would support a realistic deal. It may not be very many.
Anonymous
05/16/2023 14:22
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
FWIW I think there are several Freedom Caucus types who want to default and plan to reject any offer from Biden. They figure either nothing will happen so it’s NBD, or the economy will collapse, Biden will get the blame, and Trump will be swept into office in a landslide in 2024. Either way, there’s no downside for them. In the end, I think it will come down to Kevin McCarthy and the titans of finance who will be breathing down his neck at the 11th hour.
That's probably true. But the official position from both McConnell and McCarthy is that they want to raise the debt ceiling to avoid a default. So saying that they'll raise the debt ceiling is not a concession. An actual negotiation involves both sides giving things up.
Imagine if a terrorist knew that the mainstream media would blame the negotiators of he shot the hostages. He would have a lot of leverage, right? That’s the situation we are in now unfortunately.
Anonymous
05/16/2023 14:12
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
FWIW I think there are several Freedom Caucus types who want to default and plan to reject any offer from Biden. They figure either nothing will happen so it’s NBD, or the economy will collapse, Biden will get the blame, and Trump will be swept into office in a landslide in 2024. Either way, there’s no downside for them. In the end, I think it will come down to Kevin McCarthy and the titans of finance who will be breathing down his neck at the 11th hour.
That's probably true. But the official position from both McConnell and McCarthy is that they want to raise the debt ceiling to avoid a default. So saying that they'll raise the debt ceiling is not a concession. An actual negotiation involves both sides giving things up.
I definitely agree. We’ll see if Biden gets anything in return besides raising the debt ceiling. If he doesn’t, he will go into 2024 with a deflated, demoralized base.
Anonymous
05/16/2023 14:11
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
FWIW I think there are several Freedom Caucus types who want to default and plan to reject any offer from Biden. They figure either nothing will happen so it’s NBD, or the economy will collapse, Biden will get the blame, and Trump will be swept into office in a landslide in 2024. Either way, there’s no downside for them. In the end, I think it will come down to Kevin McCarthy and the titans of finance who will be breathing down his neck at the 11th hour.
That's probably true. But the official position from both McConnell and McCarthy is that they want to raise the debt ceiling to avoid a default. So saying that they'll raise the debt ceiling is not a concession. An actual negotiation involves both sides giving things up.
Except they had no issue giving Trump three clean debt ceiling raises to cover for the unfunded tax cuts to the 1%.
Anonymous
05/16/2023 13:54
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
FWIW I think there are several Freedom Caucus types who want to default and plan to reject any offer from Biden. They figure either nothing will happen so it’s NBD, or the economy will collapse, Biden will get the blame, and Trump will be swept into office in a landslide in 2024. Either way, there’s no downside for them. In the end, I think it will come down to Kevin McCarthy and the titans of finance who will be breathing down his neck at the 11th hour.
That's probably true. But the official position from both McConnell and McCarthy is that they want to raise the debt ceiling to avoid a default. So saying that they'll raise the debt ceiling is not a concession. An actual negotiation involves both sides giving things up.
Anonymous
05/16/2023 13:44
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
FWIW I think there are several Freedom Caucus types who want to default and plan to reject any offer from Biden. They figure either nothing will happen so it’s NBD, or the economy will collapse, Biden will get the blame, and Trump will be swept into office in a landslide in 2024. Either way, there’s no downside for them. In the end, I think it will come down to Kevin McCarthy and the titans of finance who will be breathing down his neck at the 11th hour.
Anonymous
05/16/2023 13:35
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
But that's something both sides want. That's not a concession. Unless the Republicans want to create a catastrophe. What are the Republicans giving up?
Anonymous
05/16/2023 13:27
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
Republicans can’t deliver the votes.
Probably right. In 2011 they wouldn’t take yes for an answer and saved Obama from himself. It was the low water mark of Obama’s presidency though. Not sure why Biden would want to go down the same road but it appears that he is.
Anonymous
05/16/2023 13:21
Subject: Re:Republicans and the debt ceiling
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:More evidence that the GOP is operating in bad faith and doesn't give a fig about deficits:
https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/
So? Everyone knows this. The thing is everyone also knows the democrats will negotiate and give away the store. Why is Biden negotiating with these clowns? Biden should demand the same deal Trump got plus immigration reform and gun control.
I wonder what Biden is offering Republicans in exchange for raising the debt ceiling? I guess we’ll find out soon.
What are republicans offering Biden in exchange for the spending cuts they want?
Raising the debt ceiling and avoiding catastrophe.
Republicans can’t deliver the votes.