Should Congress raise the debt ceiling with "no strings attached"?
We have been raising for years and no questions asked as long as old white men are in charge. Now we can't? Who runs up deficits? Republicans that's who . Who cleans up the mess? Democrats. But never fast enough for the assholes thst caused it.
"For the 2014–2023 period, deficits in CBO’s baseline projections total $7.0 trillion. With such deficits, federal debt would remain above 73 percent of GDP—far higher than the 39 percent average seen over the past four decades." CBO
Tunnel vision doesn't eliminate fact ppl have been *screaming* about deficit & wasteful spending - for decades - to no effect. Politicians put in earplugs & continue idiocy regardless protests of WeThePeople, regardless age/race of said politicians.
Not that it matters. No one seems to be listening to reason or reality. We don't *have* the $$$, but keep borrowing & printing. Guess the great grandkids can figure out how to get out of pit.
Congress spends the money.
When's the last time congress really had a budget? They all spend whatever they want. Obama has to sign off in it.
"The fact that we're here today to debate raising America's debt limit is a sign of leadership failure. Leadership means 'The buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children..."
"....and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America's debt limit."
But that was then ....
We can't not raise the debt ceiling. That's basically like saying we aren't going to pay the minimum on our credit card bills. Whether or not we should have a national debt is another discussion. But we are already here. So let's deal with it.
Is that what you were saying 6 years ago?
6 years ago in 2008 we began into the financial problems. That's when government should be collecting debt, cutting taxes. Right now we should be trying to pay off debts, not trying to make our troubles worse by not paying them.
Yes, well that's what Obama said he would do 6 years ago. Yet we are now at 17+ trillion, up from 9 trillion. And Obama voted against raising the debt ceiling at the 9 trillion mark.
Well I didn't agree with him then. We need a clean debt ceiling increase. The last thing we need is a government shutdown over whether or not which parts of obamacare republicans want out or which guns liberals want banned.
Why? We raise it twice a year, or more.
National debt is nothing like a personal credit card.
I know, I know dems...we are raising the debt ceiling AGAIN because we aren't over spending
I think that could be a response to Dan below you.
Haha. He is on ignore ;)
I bet you two got into a nice debate! :)
The debt ceiling does not approve any new spending. It only authorizes raising the limit to cover budgets already approved and voted on by both sides. It is reckless and scary that some people don't know the difference. Do you people dine and dash?
Dan, your point is accurate, but I fail to see how anyone is trying to say they are the same.
Of course option to *reduce* the budget/spending - EVER - is completely off the table, so obviously the ONLY rational option is to multiply debt every 3 months or so... which generates even higher bills/debt, which necessitates ever higher $debt...
How about not raise the debt ceiling at all? Cutting spending isn't a hard concept, yet here we are.
Okay. What should they cut? Specific budget line items.
Any nonessential government offices. The First Lady's office for one.
Okay. First Lady's office. Foreign dignitaries hopefully won't be too miffed about their spouses getting snubbed. That saves... What, about two million bucks? Hmm. Okay. Need to cut a lot more. What else?
I'm letting the floodgates open for all sorts of hate here, but I don't understand national parks. Give them to the states, if they don't want them, private companies. It's such a waste.
You're not the first person I've ever heard question the legitimacy of the national parks, though it's not a perspective I share. The entire national parks budget is a little over a billion. Only 743 more of those to go to cover our deficit.
I would not raise the debt ceiling unless the President agrees to repeal the ACA.
What does one have to do with the other?
Anyone who is opposed to raising the debt ceiling is effectively saying they're okay with retirees getting to Septemberish and finding that they can't pay their bills bc they aren't getting their soc sec checks on time.
Not really! The government should learn to live below its means. Now, the debt ceiling is practically useless.
That's simply not true. Spending on other programs can be cut so that social security checks get cut just fine.
I understand the overarching ideological point. But what I'm saying is that the actual real effect of this constant brinksmanship is to harm people who've done nothing more irresponsible than believe that their government will honor its obligations.
But it's dishonest to paint those against raising the debt ceiling as not caring about our senior citizens.
We don't necessarily have a spending problem solely. We also have an income problem with major corporations avoid taxes through loopholes. Close those first and see where we are.
And don't give me that old "We don't want corporations to move overseas.." I'm talking about mulitnationals that already are. They won't stop doing business here as it would still be lucrative to do so, and insane for them to stop business here.
Sure... Companies such as GE should not get by without paying hardly any taxes. I can agree with that.
Because SS is *only* Fed expense? There are entire *books* on duplicated/wasteful spending that can be stopped w/neglible harm. Spenders consistently demand frugal state what to cut, then attack & ridicule every item, dismissing responsibility
Having done work with ppl in debt it is demonstrably consistent that far more often than not, the problem isn't how much $ they've got, but what they do w/that $. Give them more, they simple live in a nicer degree of debt. Ideology is problem, not $
You don't understand politics if you think spending cuts would come from waste rather than from important social programs.
I completely understand that politics contrive vindictive behavior for sole purpose of making opponents look petty or evil. I'm simply unwilling to surrender reason, pragmatism, or sense of social justice to politics.
I'm not talking about vindictiveness; I'm talking about power. Why do you think government waste exists in the first place? What, just because they're sloppy? You don't think wasteful spending is purposeful?
Congress should never again raise the debt ceiling, strings or no strings!
If they want to keep their jobs, they will, but I won't go on about how arbitrary the debt ceiling is; expectially when you can vote on it, and just raise it whenever.
Sure! We can call it the "Let's Burn This Mother Down!!" Act of 2014.
Good by cruel world.
It was everything I had to do, to not die from laughing, when I read his comment ha.
The debt ceiling is already useless, but no there should not be no strings attached. We need to get spending under control. Soon.
No spending cuts?
....in return for increasing the debt clock?
*ceiling not clock
No we should cut spending and not raise the debt ceiling.
Oh I see
It hasn't been an issue before this president.
We weren't in 17 trillion dollars in debt either, but your point is fair.
And I acknowledge the truth of your statement. I have yet to see any statistic of how much of that debt is due to "mandates" that were in place before Pres Obama. I only see the number with no perspective.
The debt clock might give you a perspective. :)
It was definitely an issue before this president. In fact, Obama is in record as being very strongly against debt ceiling increases under bush.
Political, the debt clock only shows totals per year. Often legislation mandating spending is signed, and spending happens years afterward. That is my Q.
Milkdud, yes, but Obama was one voice amongst many that didn't flinch to raise it.
Not really- it's always been a political football
That would require some in-depth research on each sector.
Political; also true. But all anyone mentions it the total number as if the debt was all in the lap of this pres. Which, in effect, it is. But not all due to their decisions. In fact, most forget that the House generates ALL spending
Who had control of the House prior to 2010?
Over the decades, each has had their turn. That is the scale I am thinking about. You may not know this, but SS was flush with cash in the 80s. Reagan snatched the cash and replaced it with Gvt Bonds allowing his "debt free" spending spree.
2/3rds of what the US owe is to that fund.
Sorry. My statistic may be outdated.
Well, it's close. We owe more than 2/3rds to ourselves.
I am your 500th follower..I hope you are a conservative
Cowboy is pretty conservative! :)
I'm up to 500? Wow... Thank you!
i only follow conservitives... so if you are a liberal let me know now.
Well then you better learn how to spell conservative... And no. I'm a fan of the Constitution, not the Communist Manifesto.
Boo, Why don't you follow liberals?
I haven't met any liberals with whom I can carry on a sensible debate with. Most liberals argue based completely off of emotion and refuse to face any facts...
Booob, if you're trolling to make conservatives look closed-minded that's really counterproductive. There are plenty of thoughtful conservatives. Political's a great example of one.
Awe! Thanks Bethany!
I don't follow liberals either. Gotta be at least 60%. Who needs the annoyance? Not me.
I don't understand the mindset of preferring an echo chamber to vigorous discussion. I truly don't. It's one thing not to follow an individual you find you can't civilly converse with; it's another to write someone off simply for different OPINIONS.
And a good many of them stay on ignore, for the reasons Boo stated above, plus the hypocrites.
Raising the debt ceiling will only worsen our country's current condition. What is the purpose of a debt ceiling if it is never enforced.
Congress just wants to take the easy way out. Raising the debt ceiling is quite easy.
There needs to be some cuts. The ceiling is purposless unless you enforce it. The debt ceiling is now pratically useless.
I agree ^
No worm cuts though, poli.
Lol EB beat me to it!
I hope I am following you. I have had some technology problems that made me think that I unfollowed you, but I have hit follow like 4 times. So I have to be following you. :)
If you are following me, you should see my poll on incest.
Okay... I am good.