Posted on 11/12/2021 11:00:25 AM PST by ChicagoConservative27
The federal government will run out of money in 21 days from Friday.
In October, Sen. Mitch McConnell (R-KY) allowed Democrats to authorize $480 billion in new debt to keep the government open. But that money will likely run out December 3.
Democrats must find a way amid reconciliation negotiations to fund the government and raise the debt ceiling, a task Democrats kicked down the road with McConnell’s help last month.
When McConnell aided Democrats in funding the government, Sen. Chuck Schumer (D-NY) was not appreciative to senate Republicans for bailing him out, according to media reports. Schumer’s antics caused McConnell to publicly promise he would not again help the Democrat-controlled government to manage the funding of the government in December.
(Excerpt) Read more at breitbart.com ...
It will never run out. Ever increasing spending is the only thing the Swamp knows how to do.
We ran out of money a long time ago.
Uncle Fed is in the corner offering all the money they want—all that is asked in exchange is their souls....
Naw, they take in about $320 to $360 billion per month. They can pay our $35 billion debt service just fine.
They’ll have to make adjustments elsewhere, you know, like real adults.
We’ve been broke since before Algore and his ‘lock box’ for Social Security.
“My plan to put Social Security in an ironclad lockbox has gotten a lot of attention recently, and I’m glad about that. But I’m afraid that it’s overshadowing some vitally important proposals. For instance, I’ll put Medicaid in a walk-in closet. I’ll put the Community Reinvestment Act in a secured gym locker. I’ll put NASA funding in a hermetically sealed Ziploc bag.”
Today the US Debt Clock says you, me and every other TAXPAYER in America owes $229,705.00 and rising.
It doesn’t run out. It spends what it doesn’t have, or increases taxes.
They should start passing a hat round the congress and senate. They spent it, they can contribute some of their own.
We should be carelessly repeating this lie in headlines. The government has money that comes in the door every day, and which is available to meet ongoing obligations
Meaningless statement
March 5, 1933 ?
or was it March 9th?
“Good finally.”
Heh.
They ran out a long time ago, that’s why they tax AND borrow.
But it’s all paid for...
You mean run out of other peoples money.
The hat would be GONE!
True. They aren’t exactly an honest bunch. AOC has already been known to take tips from fellow workers.
Mitch will roll over again. Along with his merry band of RINO Senators.
That happened ages ago.
The legislation, which provided for the reopening of the banks as soon as examiners found them to be financially secure, was prepared by Treasury staff during Herbert Hoover’s administration and was introduced on March 9, 1933. It passed later that evening amid a chaotic scene on the floor of Congress. In fact, many in Congress did not even have an opportunity to read the legislation before a vote was called for.
Deja vu
“Schumer’s antics caused McConnell to publicly promise he would not again help the Democrat-controlled government to manage the funding of the government in December.”
I’ll take that bet.
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