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Democratic-led House authorizes $3.5 trillion of spending as national debt climbs to $29 trillion
justthenews.com ^ | 8/24/21 | Nicholas Ballasy

Posted on 08/24/2021 4:25:33 PM PDT by dontreadthis

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To: AnthonySoprano

Exactly .

The Gope demand Amnesty for 30 million but dont want to vote for it ..

So they open the DOOR on purpose with ramming thru the infrastructure bill and

They knew it opened up Reconciliation and 30 million new Dems voters .

It is time to kill off the Gop party .


41 posted on 08/24/2021 5:01:42 PM PDT by ncalburt (Gop DC Globalists are the real danger )
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To: ronnie raygun

We dont. Its gone over the top.

They can NOT raise the interest rate anymore cuz the payment for the interest on the debt will add up to about the defense spending and welfare spending combined.

So it will be inflation for us all.


42 posted on 08/24/2021 5:08:27 PM PDT by crz
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To: Drew68
God save us, it'll lose by a single vote.

She'll vote for it. There are only two things that are "untouchable". Laws banning abortion and guns. Everything else is for sale.

43 posted on 08/24/2021 5:12:01 PM PDT by MinorityRepublican
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To: CivilWarBrewing

After she destroys America, she and her family will rule the world.


44 posted on 08/24/2021 5:17:59 PM PDT by Karoo
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To: dontreadthis

They know the end is coming. This debt can never repaid. Afghanistan is just the start of the collapse and the chaos will spread from there across the world.

This bill is the Pelosi crew trying to loot the corpse before it is dead.


45 posted on 08/24/2021 5:37:51 PM PDT by Renfrew
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To: Renfrew

The Dems NEVER EVER leave the reservation all of this talk about 9 Dems not going along WHEN has that EVER HAPPENED? OUR SIDE however are ALWAYS a bunch of pussies! NEVER stand for a damn thing!!!


46 posted on 08/24/2021 5:44:03 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: dontreadthis
To put it all in perspective, $29 Trillion in current national debt is about 7.1 times the total Federal estimated revenues for fiscal year 2021, which is expected to be 3.86 Trillion. ((https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762 ))

And the 3.5 trillion bill being tossed around right now is MORE than the fiscal year 2019 total federal revenue.

So a 29 Trillion national debt and 3.86 Trillion revenue would be the same as a household having total debt of $290,000 (mortgage, car loans, student debt, credit card balances) and an annual income of $38,600. Under current mortgage rules, can you even get a large mortgage with 38k in income?

I suppose if you live in your parents' basement and pour coffee at Starbucks, that all makes sense. The parents who live upstairs might have a different opinion .

47 posted on 08/24/2021 5:47:35 PM PDT by Bernard (The very best scientific articles always contain this phrase: “My personal intuition has been…”)
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To: Ruy Dias de Bivar

8 gallons of gas in CA. is $40.00!!!


48 posted on 08/24/2021 5:47:41 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: dontreadthis

Democrats Getaway Money


49 posted on 08/24/2021 6:01:23 PM PDT by butlerweave
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To: dontreadthis

Unless an increase of the debt limit is part of it the bill is moot.

If it is part of it, that’s another fight.


50 posted on 08/24/2021 6:03:12 PM PDT by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: dontreadthis

The GOP-e Senators gave this to us.


51 posted on 08/24/2021 6:29:53 PM PDT by Zathras
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