Posted on 05/01/2023 9:05:16 AM PDT by ChicagoConservative27
Senate Majority Leader Chuck Schumer, D-N.Y., on Monday rejected the House-passed bill to raise the debt ceiling and trim federal spending, and said Senate Democrats would hold a series of hearings on the bill – not to consider it, but to warn the American public about how "dangerous" it is.
"The Senate will show the public what this bill truly is," Schumer wrote in a letter to his Democratic colleagues. "Beginning this week, our Committees will begin to hold hearings to expose the true impact of this reckless legislation on everyday Americans."
He said the Senate Budget Committee would start with a Thursday hearing on the GOP bill, and encouraged Democrast to "make clear how devastating this proposal truly is to your constituents through public events and press.
(Excerpt) Read more at foxnews.com ...
Will the Republican House play hardball on spending, even if the government technically defaults, or will it cave?
Yep. Three out of three.
Why are FReepers surprised by this? This is what Democrats do. They’re ruthless. They know how to use power and leverage.
Just prepare for the inevitable cave folks.
No, wait. That's already going on.
Pretty much every home-owning American family has done that. They have mortgages.
...and debt service / borrowing costs are too high
They are never too high when you can print money.
Excessive government spending and debt cause problems but the bankruptcy analogy doesn't work for the US government.
“Limit, Save, Grow Act of 2023
“This bill increases the federal debt limit and decreases spending. It also repeals several energy tax credits, modifies the permitting process and other requirements for energy projects, expands work requirements for the Supplemental Nutrition Assistance Program (SNAP) and other programs, and nullifies regulations for the cancellation of federal student loan debt.
“Summary: H.R.2811 — 118th Congress (2023-2024)
“Specifically, the bill
“suspends the debt limit through March 31, 2024, or until the debt increases by $1.5 trillion, whichever occurs first;
establishes discretionary spending limits for FY2024-FY2033 that include decreases in discretionary spending;
rescinds certain unobligated funds that were provided to address COVID-19 and to the Internal Revenue Service;
nullifies certain executive actions and regulations for cancelling federal student loan debt and implementing an income-driven repayment plan for student loans;
repeals or modifies tax credits for renewable and clean energy, energy efficient property, alternative fuels, and electric vehicles;
establishes new work requirements for Medicaid and expands the work requirements for SNAP and the Temporary Assistance for Needy Families (TANF) program; and
requires major federal rules (e.g., rules likely to result in an annual economic effect of at least $100 million) to be approved by Congress before they take effect.
The bill also includes various provisions related to the development of energy resources such as oil, natural gas, and minerals. For example, the bill requires additional federal oil and gas leasing, reduces or eliminates certain royalties and fees, and expedites the permitting process for various energy projects.”
https://www.congress.gov/bill/118th-congress/house-bill/2811
I believe the text is available via the link.
Speaking of “reckless”.
I really hope Chuckie doesn’t ‘expose’ himself anywhere!
SECTION 1. SHORT TITLE.
This Act may be cited as the “Limit, Save, Grow Act of 2023”.
SEC. 2. TABLE OF CONTENTS.
The table of contents for this Act is as follows:
Sec. 1. Short title.
Sec. 2. Table of contents.
Sec. 3. References.
DIVISION A—LIMIT FEDERAL SPENDING
TITLE I—DISCRETIONARY SPENDING LIMITS FOR DISCRETIONARY CATEGORY
Sec. 101. Discretionary spending limits.
DIVISION B—SAVE TAXPAYER DOLLARS
TITLE I—RESCISSION OF UNOBLIGATED FUNDS
Sec. 201. Rescission of unobligated coronavirus funds.
Sec. 202. Rescission of Inflation Reduction Act funds.
TITLE II—PROHIBIT UNFAIR STUDENT LOAN GIVEAWAYS
Sec. 211. Nullification of certain executive actions and rules relating to Federal student loans.
Sec. 212. Limitation on authority of Secretary to propose or issue regulations and executive actions.
TITLE III—REPEAL MARKET DISTORTING GREEN TAX CREDITS
Sec. 221. Amendment of 1986 Code.
Sec. 222. Modification of credit for electricity produced from certain renewable resources.
Sec. 223. Modification of energy credit.
Sec. 224. Repeal of increase in energy credit for solar and wind facilities placed in service in connection with low-income communities.
Sec. 225. Zero-emission nuclear power production credit repealed.
Sec. 226. Repeal of sustainable aviation fuel credit.
Sec. 227. Clean hydrogen repeals.
Sec. 228. Nonbusiness energy property credit.
Sec. 229. Residential clean energy credit reverted to credit for residential energy efficient property.
Sec. 230. Energy efficient commercial buildings deduction.
Sec. 231. Modifications to new energy efficient home credit.
Sec. 232. Clean vehicle credit.
Sec. 233. Repeal of credit for previously-owned clean vehicles.
Sec. 234. Repeal of credit for qualified commercial clean vehicles.
Sec. 235. Alternative fuel refueling property credit.
Sec. 236. Advanced energy project credit extension reversed.
Sec. 237. Repeal of advanced manufacturing production credit.
Sec. 238. Repeal of clean electricity production credit.
Sec. 239. Repeal of clean electricity investment credit.
Sec. 240. Cost recovery for qualified facilities, qualified property, and energy storage technology removed.
Sec. 241. Repeal of clean fuel production credit.
Sec. 242. Repeal of sections relating to elective payment for energy property and electricity produced from certain renewable resources; transfer of credits.
Sec. 243. Transition rule.
TITLE IV—FAMILY AND SMALL BUSINESS TAXPAYER PROTECTION
Sec. 251. Rescission of certain balances made available to the Internal Revenue Service.
DIVISION C—GROW THE ECONOMY
TITLE I—TEMPORARY ASSISTANCE TO NEEDY FAMILIES
Sec. 301. Recalibration of the caseload reduction credit.
Sec. 302. Eliminating excess maintenance of effort spending in determining caseload reduction credit.
Sec. 303. Elimination of small checks scheme.
Sec. 304. Reporting of work outcomes.
Sec. 305. Effective date.
TITLE II—SNAP EXEMPTIONS
Sec. 311. Age-related exemption from work requirement to receive SNAP.
Sec. 312. Rule of construction for exemption adjustment.
Sec. 313. Supplemental nutrition assistance program under the Food and Nutrition Act of 2008.
TITLE III—COMMUNITY ENGAGEMENT REQUIREMENT FOR APPLICABLE INDIVIDUALS
Sec. 321. Community engagement requirement for applicable individuals.
TITLE IV—REGULATIONS FROM THE EXECUTIVE IN NEED OF SCRUTINY
Sec. 331. Short title.
Sec. 332. Purpose.
Sec. 333. Congressional review of agency rulemaking.
Sec. 334. Budgetary effects of rules subject to section 802 of title 5, United States Code.
Sec. 335. Government Accountability Office study of rules.
DIVISION D—H.R. 1, THE LOWER ENERGY COSTS ACT
TITLE I—INCREASING AMERICAN ENERGY PRODUCTION, EXPORTS, INFRASTRUCTURE, AND CRITICAL MINERALS PROCESSING
Sec. 10001. Securing America’s critical minerals supply.
Sec. 10002. Protecting American energy production.
Sec. 10003. Researching Efficient Federal Improvements for Necessary Energy Refining.
Sec. 10004. Promoting cross-border energy infrastructure.
Sec. 10005. Sense of Congress expressing disapproval of the revocation of the Presidential permit for the Keystone XL pipeline.
Sec. 10006. Sense of Congress opposing restrictions on the export of crude oil or other petroleum products.
Sec. 10007. Unlocking our domestic LNG potential.
Sec. 10008. Sense of Congress expressing disapproval of the denial of Jordan Cove permits.
Sec. 10009. Promoting interagency coordination for review of natural gas pipelines.
Sec. 10010. Interim hazardous waste permits for critical energy resource facilities.
Sec. 10011. Flexible air permits for critical energy resource facilities.
Sec. 10012. National security or energy security waivers to produce critical energy resources.
Sec. 10013. Natural gas tax repeal.
Sec. 10014. Repeal of greenhouse gas reduction fund.
Sec. 10015. Ending future delays in chemical substance review for critical energy resources.
Sec. 10016. Keeping America’s refineries operating.
Sec. 10017. Homeowner energy freedom.
Sec. 10018. Study.
Sec. 10019. State primary enforcement responsibility.
Sec. 10020. Use of index-based pricing in acquisition of petroleum products for the SPR.
Sec. 10021. Prohibition on certain exports.
Sec. 10022. Sense of Congress expressing disapproval of the proposed tax hikes on the oil and natural gas industry in the President’s fiscal year 2024 budget request.
Sec. 10023. Domestic Energy Independence report.
Sec. 10024. GAO study.
Sec. 10025. Gas kitchen ranges and ovens.
TITLE II—TRANSPARENCY, ACCOUNTABILITY, PERMITTING, AND PRODUCTION OF AMERICAN RESOURCES
Sec. 20001. Short title.
Subtitle A—Onshore And Offshore Leasing And Oversight
Sec. 20101. Onshore oil and gas leasing.
Sec. 20102. Lease reinstatement.
Sec. 20103. Protested lease sales.
Sec. 20104. Suspension of operations.
Sec. 20105. Administrative protest process reform.
Sec. 20106. Leasing and permitting transparency.
Sec. 20107. Offshore oil and gas leasing.
Sec. 20108. Five-year plan for offshore oil and gas leasing.
Sec. 20109. Geothermal leasing.
Sec. 20110. Leasing for certain qualified coal applications.
Sec. 20111. Future coal leasing.
Sec. 20112. Staff planning report.
Sec. 20113. Prohibition on Chinese communist party ownership interest.
Sec. 20114. Effect on other law.
Sec. 20115. Requirement for GAO report on wind energy impacts.
Sec. 20116. Sense of Congress on wind energy development supply chain.
Sec. 20117. Sense of Congress on oil and gas royalty rates.
Sec. 20118. Offshore wind environmental review process study.
Sec. 20119. GAO report on wind energy impacts.
Subtitle B—Permitting Streamlining
Sec. 20201. Definitions.
Sec. 20202. BUILDER Act.
Sec. 20203. Codification of National Environmental Policy Act regulations.
Sec. 20204. Non-major Federal actions.
Sec. 20205. No net loss determination for existing rights-of-way.
Sec. 20206. Determination of National Environmental Policy Act adequacy.
Sec. 20207. Determination regarding rights-of-way.
Sec. 20208. Terms of rights-of-way.
Sec. 20209. Funding to process permits and develop information technology.
Sec. 20210. Offshore geological and geophysical survey licensing.
Sec. 20211. Deferral of applications for permits to drill.
Sec. 20212. Processing and terms of applications for permits to drill.
Sec. 20213. Amendments to the Energy Policy Act of 2005.
Sec. 20214. Access to Federal energy resources from non-Federal surface estate.
Sec. 20215. Scope of environmental reviews for oil and gas leases.
Sec. 20216. Expediting approval of gathering lines.
Sec. 20217. Lease sale litigation.
Sec. 20218. Limitation on claims.
Sec. 20219. Government Accountability Office report on permits to drill.
Sec. 20220. E–NEPA.
Sec. 20221. Limitations on claims.
Sec. 20222. One Federal decision for pipelines.
Sec. 20223. Exemption of certain wildfire mitigation activities from certain environmental requirements.
Sec. 20224. Vegetation management, facility inspection, and operation and maintenance relating to electric transmission and distribution facility rights of way.
Sec. 20225. Categorical exclusion for electric utility lines rights-of-way.
Sec. 20226. Staffing plans.
Subtitle C—Permitting For Mining Needs
Sec. 20301. Definitions.
Sec. 20302. Minerals supply chain and reliability.
Sec. 20303. Federal register process improvement.
Sec. 20304. Designation of mining as a covered sector for Federal permitting improvement purposes.
Sec. 20305. Treatment of actions under presidential determination 2022–11 for Federal permitting improvement purposes.
Sec. 20306. Notice for mineral exploration activities with limited surface disturbance.
Sec. 20307. Use of mining claims for ancillary activities.
Sec. 20308. Ensuring consideration of uranium as a critical mineral.
Sec. 20309. Barring foreign bad actors from operating on Federal lands.
Sec. 20310. Permit process for projects relating to extraction, recovery, or processing of critical materials.
Sec. 20311. National strategy to re-shore mineral supply chains.
Subtitle D—Federal Land Use Planning
Sec. 20401. Federal land use planning and withdrawals.
Sec. 20402. Prohibitions on delay of mineral development of certain Federal land.
Sec. 20403. Definitions.
Subtitle E—Ensuring Competitiveness On Federal Lands
Sec. 20501. Incentivizing domestic production.
Subtitle F—Energy Revenue Sharing
Sec. 20601. Gulf of Mexico Outer Continental Shelf revenue.
Sec. 20602. Parity in offshore wind revenue sharing.
Sec. 20603. Elimination of administrative fee under the Mineral Leasing Act.
Sec. 20604. Sunset.
TITLE III—WATER QUALITY CERTIFICATION AND ENERGY PROJECT IMPROVEMENT
Sec. 30001. Short title.
Sec. 30002. Certification.
Sec. 30003. Federal general permits.
DIVISION E—INCREASE IN DEBT LIMIT
Sec. 40001. Limited suspension of debt ceiling.
https://www.congress.gov/bill/118th-congress/house-bill/2811/text
He wants a crisis so the DNCMedia can pin it on those nasty Republicans, with the closing of National Parks, sad stories about fed worker children starving, and the military not being able to pay troops.
News at eleven!
That’s all this is.
A DNC sponsored Press campaign...
My boss from South Africa sat me down and had a talk with me about foolish American consumers and how to avoid being one.
Unlimited spending without compromise. All or nothing.
Need to shut it down...
Mark Levin has covered this issue many times (every time the Dems ignored the FACTS of the Constitutional Requirement they use to force extra expenditures to raise the “debt limit”). You don’t solve a credit card that is over the limit by raising the limit. You service the existing debt per the Priorities set in the Constitution. Period.
He starts with a current statement of the daily and monthly intake of US govt. revenue (all sources, banked in the US Govt. accounts). This is available from Govt. Accounting Office online and updated (something demonrats never look at).
1.) if it IS a “debt limit” then the debt has reached the LIMIT and should NOT be raised vs. revenues.
2.) The daily/monthly existing revenue intake of the federal government can MORE than cover a.) servicing the borrowed Federal Reserve loans b.) servicing any and ALL foreign credit debt owed and c.) cover fully the essential budgeted items for national defense, fixed social security trust fund repayments and d.) other deemed essential emergency items.
3.) Anything else which cannot be paid from existing current revenues will have to be adjusted to ADJUST the amount of debt incurred by Congressional bills for political soft soap and vote buying.
Mark Levin should be covering this again— thoroughly and pick out Schumers REPEATED Historical LIES on the subject.
MAKE THEM TOE THE LINE.
There can be NO default unless the Dems insist on raising the amount of money over what our revenues can cover. Which is to say what Schumer is doing is getting an idiotic irresponsible scum dem “electorate” to “vote themselves” money”
A quote attributed to Ben Franklin but actually from Scotsman Alexander Fraser Tytler (15 October 1747 – 5 January 1813) : “A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.”
The unwritten word in our Constitution “democracy” is being touted to flaunt the Articles they use to force recognition of the Debt, to include NEW spending not essential to running the Country. Period. Full Stop.
Or expose his close friend’s WEINER. Who is incredibly said to be considering running for office again. So he can show his Weiner to his fellow Willies.
No- NOT anymore. But do pay attention to the Moron TableNapkin Choir his own self... ROMNEY.
This cannot be the same old same old. And they are not getting our firearms.
I’d like to see a crisis in the form of a few Democrats, especially Chuck Schumer, with washrags stuffed in their mouths so they could listen without talking for awhile.
How could the nation possibly have survived without the 17th Amendment? /super-sarc
Patriots are reminded that the drafters of the Constitution had originally given the power to elect federal senators only to state lawmakers. The idea was for state lawmakers to elect federal senators that would kill all House bills that attempted to steal state powers and uniquely associated state revenues, state revenues stolen by means of unconstitutional federal taxes.
But state legislatures foolishly gave up their representation in Congress when the anti-constitutional republic Progressive Movement successfully spooked ordinary voters to twist their state lawmaker's arms to support the ratification of the 17th Amendment.
Patriots are now being oppressed daily under the boots of unconstitutionally big federal government as a consequence, evidenced by unconstitutional, unaccountable federal taxes.
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
“If the tax be not proposed for the common defence, or general welfare, but for other objects, wholly extraneous, (as for instance, for propagating Mahometanism among the Turks, or giving aids and subsidies to a foreign nation, to build palaces for its kings, or erect monuments to its heroes,) it would be wholly indefensible upon constitutional principles [emphases added].” — Justice Joseph Story, Commentaries on the Constitution 2 (1833).
”Simply this, that the care of the property, the liberty, and the life of the citizen, under the solemn sanction of an oath imposed by your Constitution, is in the States and not in the federal government [emphases added]. I have sought to effect no change in that respect in the Constitution of the country.” —John Bingham, Congressional. Globe. 1866, page 1292 (see top half of third column)
"From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added]." —United States v. Butler, 1936.
Pelosi: "We have to pass the bill so that you can find out what is in it." (non-FR; 6 sec.)
“Cherish, therefore, the spirit of our people, and keep alive their attention. If once they become inattentive to the public affairs, you and I, and Congress and Assemblies, judges and governors, shall all become wolves [emphasis added]. It seems to be the law of our general nature.” - Thomas Jefferson (Letter to Edward Carrington January 16, 1787)
Democrats Are Terrified Of An Educated And Informed Public (3.12.23)
Patriots need to wise up and primary ALL incumbent state and federal lawmakers and executives in 2024, including their beloved career lawmakers, since they have repeatedly proven that they are not making a difference in bad government policy.
Patriots need to elect new state and federal government leaders who will promise to effectively "secede" ALL the states from the unconstitutionally big federal government by proposing a constitutional amendment to repeal the 16th (direct taxes) and 17th Amendments (16&17A).
Limiting the proposed repeal amendment to strictly repealing 16&17A will hopefully limit discussion on the amendment.
In fact, I challenge state lawmakers to ratify the proposed amendment as fast as Pelosi scandalously rammed unconstitutional (imo) Obamacare through the House.
Pelosi: "We have to pass the bill so that you can find out what is in it." (non-FR; 6 sec.)
I’m so sick of these eff’n lying pieces of chit RINOs. There is no debt limit when it is raised every time it is approached. It is a LIE. Savings occur when revenue is greater than spending. There are no savings. It is a LIE. The only growth that will occur is in government employment and government spending. That’s no LIE on my part, but they mean in the economy as a whole.
Republicans under McCarthy have turned into full blown deep state loving assistant Democrats. They even name bills the same way as Democrats. Their legislation does the exact opposite as the titles suggest.
Every Republican in the House is a lying coward, hell bent on financially destroying America and eliminating citizens’ freedoms. They ALL need to be primaried.
These eff’n stupid chits know they will be attacked by Democrats on any legislation they pass. They are so eff’n dumb and cowardly that they don’t pass legislation that actually does the things Democrats accuse them. Republicans are unprincipled, unpatriotic, unAmerican, cowardly, worthless, low-IQ’d pieces of chit.
It’s complete BS
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