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Must-do for Congress: Raise debt limit, pass spending bills [barf]
Associated Press ^ | Jun 4, 2017 8:57 AM EDT | Andrew Taylor

Posted on 06/04/2017 3:55:31 PM PDT by Olog-hai

Even members of his own party were quick to declare President Donald Trump’s budget plan dead on arrival in Congress last month. And in fact, lawmakers are facing a burst of overdue budget-related work this summer.

Most of what’s on the budget agenda probably won’t bear much resemblance to Trump’s spending plan, which promised deep spending cuts on domestic programs, rapid economic growth, and a balanced federal ledger in a decade.

Instead, they’re confronting an increase in the government’s borrowing cap, serious problems in advancing annual spending bills, and a smaller set of curbs on domestic benefit programs. […]

Atop the absolute must-do list is raising that borrowing cap, or debt limit. Doing so would avert a disastrous, first-ever default on U.S. obligations. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: debtceiling; gopestablishment; liberalagenda; rinos

1 posted on 06/04/2017 3:55:31 PM PDT by Olog-hai
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To: Olog-hai

The business growth rate is important. New business, new jobs, a more full employment economy, this is all great for government receipts. It’s better for outlays as well.

It’s going to take some time to get the tax cuts in and get this economy rolling, but when it happens, things are going to be a lot better.

While some folks will undoubtedly think it all didn’t happen soon enough, we need to think how it would have worked if the Left had won.

We’re headed in the right direction. Hang in there folks...


2 posted on 06/04/2017 4:00:03 PM PDT by DoughtyOne (May the Covfefe be with you...)
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To: Olog-hai

If I raised the debt limit at my house we’d be living in the street.


3 posted on 06/04/2017 4:04:36 PM PDT by just me (God bless President Trump and the USA)
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Thanks so much for your support to this point... I personally apprecaite it...
FReepers, it's time to wrap up this FReep-a-thon.  Lets do it...


President Donald J. Trump and the Free Republic of the United States of America

Ramirez political cartoon: Economic Climate Change LARGE VERSION
06/03/2017: LINK  LINK to regular sized versions of his political cartoons (archive).


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FReepers, 84.39% of the Second Quarter FReep-a-thon goal has been met.  Click above and pencil in your donation now.  Please folks, lets end this FReepathon.  Thank you!

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Just $534.00 to 85.00%

4 posted on 06/04/2017 4:21:42 PM PDT by DoughtyOne (May the Covfefe be with you...)
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To: Olog-hai

It has to be done. Just do it.


5 posted on 06/04/2017 4:48:38 PM PDT by Sacajaweau
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To: Olog-hai

No, those would qualify as must not do.


6 posted on 06/04/2017 7:25:51 PM PDT by TBP (0bama lies, Granny dies.)
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To: DoughtyOne

Of course it’s not happening soon enough. The sooner, the better. The sooner it happens, the sooner we start turning things around.

Any of us, if we could, would wave a magic wand and have it done now.

But the process is beginning. It will take some time, but as they say, a journey of a thousand miles begins with a single step. Let’s see how it plays out.


7 posted on 06/04/2017 7:28:19 PM PDT by TBP (0bama lies, Granny dies.)
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To: Olog-hai
Doing so would avert a disastrous, first-ever default on U.S. obligations. …

I'm pretty sure they don't even write these articles anymore. They just copy-paste from the previous year, then substitute the date and Trump for House Repubs, etc.
8 posted on 06/05/2017 12:16:20 PM PDT by Svartalfiar
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