Posted on 03/24/2017 6:48:01 PM PDT by Drago
The annual wrangling around the debt limit was set to disappear, pundits thought, since Republican control of both the executive and legislative branch would effectively make any showdown over such a silly exercise an own goal.
That’s the current view in the Trump White House at least.
“We’ve spent the money. The concept of the debt limit is somewhat of a ridiculous concept,” said Treasury Secretary Steven Mnuchin on Friday. “I am hopeful that this something Congress addresses before the [summer] break. I think everybody understands we need to raise the debt limit, and that’s something we’re going to do.”
But the difficulty Republicans have had mustering support for the American Health Care Act shows intraparty disputes are as significant now as they were under Democratic President Barack Obama.
The difficulty and ultimately failure of the bill shows that internal party discipline is minimal...
(Excerpt) Read more at marketwatch.com ...
Also: https://www.treasury.gov/initiatives/Pages/debtlimit.aspx
There is no money for a budget unless they give Trump something to work with
Shut it down, keep it down until these bastards in Washington return us to fiscal sanity and a balanced budget.
Time to totally defund the Left.
Kill the Federal Reserve. In the process, write off the nearly $2.5 trillion in US Government Debt, and take-over the $1.7 Trillion in agency debt.
“time to start paying down the $19 trillion.”
What is that? About $50,000 per person in our nation?
exactly - last time around we discovered 800,000 non essential federal employees ( and at least another 800,000 consultants )
More than quadruple 50K per: http://www.usdebtclock.org/
Shut it down, keep it down until these bastards in Washington return us to fiscal sanity and a balanced budget.
______________________
lol,it like people deliberately want to sabotage Trump
It’s easy to spout off Archie Bunker like, but these people have to govern and that means increasing the debt limit.
Nonsense. When does the bill come due when the feds keep kicking the can down the road? At what point is enough, enough? Can you live your life with these rules? To hell with your namesake Archie.
Not sure on the “per person” amount, but it is $198,000.00 per family that does pay taxes (95.9 million families).
No need to increase the debt ceiling if you just balance the current budget. The “we already spent the money...” argument is bogus. Newt G. & Bill Clinton came close for a couple of years, Mr Trump should be able to balance it by the next budget, and then a modest surplus in the years after that.
Nonsense; just cut funding for every government agency that is not authorized to Congress via Art 1, Sec 8 or otherwise directly mandated by the Constitution.
It would eliminate pretty much everything but the Post Office, the Army, the Navy (of which the Marines are a part), the Department of Transportation, the Secret Service (they’re supposed to be about pursuing counterfeiting), the Mint/Treasury, and [perhaps] the IRS (Amd. 16 is part of the Constitution).
If there are objections, tell them to amend the Constitution.
Just shut it down.
Send all the federal gub mint parasites home with out pay for
ever and no one would miss em.
“Time to totally defund the Left.”
The faux conservative party has controlled the power of the purse since January 2011 when the GOP took control of the House. They had a mandate to defund the left at that time. The left has been fully funded since then.
I have no expectation Paul Ryan, Mitch McConnell and the Congress they lead will defund the left. Planned Parenthood, the social activist groups, the green lobby, leftist academics will continue to receive and open spigot of federal money.
However, they will take care of important matters such as removing restrictions on internet service providers so those providers can make money selling information violating your privacy to advertisers, private investigators, financial institutions, and anyone else who will pay for it.
Time to replace Ryan.
A case in point. When it was announced the Meals on Wheels would be cut, which we now know was fake news, there were a number of people on this website who posted comments that money should not be cut for this program, which only proves my point that the budget can't be cut significantly.
Besides, Trump wants to spend a trillion dollars on infrastructure, which China will need to finance, so we will continue deficits in the hundreds of billions a year.
What was proven in the 90s, is that economic growth is the answer. While on paper we had surpluses, in reality, we did not. The reason is because Social Security cost is not included in the budget. Since Social Security is a pay as you go system, the income is included in the budget, but the payments are not. So, the actual budget deficit is hundreds of billions of dollars more than publicized.
Besides, withdrawing that much money out of the economy would cause a deep depression. It would be a disaster and no president would allow that to happen in that way.
I'm with you, but realism is my thing.
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