If the spending bill adds $0 to the debt, why does the debt ceiling need to be raised?

[Nostra]

That’s what they do STUPID

Been that way for 100 years.

They pass the spending bills and then have to authorize the borrowing to pay for it.

That’s literally how it works.

If they are allowed to spend more than the debt ceiling allows, it isn’t a ceiling.

Perhaps the morons should pay for the bills before spending the money…..and while they are at it they can read them before voting in them.

 

[excalibur]

There is no problem with servicing the debt if they do not raise the debt ceiling. Revenues for the feds average $320 billion a month and the average debt service per month is $46 billion.

So how would there be a default on the debt?

Biden Keeps Lying About Defaulting on the Debt

There is no possibility of default unless Biden and Yellen decide to violate the 14th Amendment and statutory law. The feds take in about $320 billion a month in revenue. The debt service averages about $46 billion a month in FY 2021. Plenty of money for other functions, like Medicare, the VA...

www.usmessageboard.com

 

[rightwinger]

How did they spend money in excess of what the debt ceiling allowed, Stupid?

And if they could we wouldn’t need to raise it now…….just spend the money.

That is the way it works Skippy
Get yerself a Google

 

[Nostra]

That is the way it works Skippy
Get yerself a Google

Then why do we need to raise it if we can obligate spending over and above the so called limit?

You are just too stupid to see how your position doesn’t work. Try not just regurgitating what Schumer tells you to think.

 

[AntonToo]

There is no problem with servicing the debt if they do not raise the debt ceiling. Revenues for the feds average $320 billion a month and the average debt service per month is $46 billion.

So how would there be a default on the debt?

Biden Keeps Lying About Defaulting on the Debt

There is no possibility of default unless Biden and Yellen decide to violate the 14th Amendment and statutory law. The feds take in about $320 billion a month in revenue. The debt service averages about $46 billion a month in FY 2021. Plenty of money for other functions, like Medicare, the VA...

www.usmessageboard.com

What the hell?

You seriously need a special explanation on why $320 billion/mo of revenues does not cover $500 billion/mo of spending?

 

[Harpy Eagle]

If there is $0 added to the debt…..YOU DO NOT NEED TO RAISE THE CEILING.

If it is going to add to the debt….

COLLECT THE MONEY…..THEN SPEND IT WHEN YOU CAN PAY FOR THE BILL.

Just use your common sense. This is all a lie.

If you believe these $5 trillion of spending will add $0 to the debt, you are a special kind of dumb asshole.

Because of all the money Trump and the GOP added to the debt for 4 years.

 

[ColonelAngus]

Because of all the money Trump and the GOP added to the debt for 4 years.

I shit on every spending bill he signs.

We are in $28 trillion debt, about to be $33 trillion because of the bad orange man?

Circle that square for me, you Asher Special eating Gator.

 

[Crepitus]

If the spending bill adds $0 to the debt, why does the debt ceiling need to be raised?​

Seriously?

None of you republican whack-jobs knows how any of this works, do you. You just got yer keyboard, yer Bud Light, and yer list of talking points and yer just a-banging away, completely oblivious.

SMDH.

 

[Nostra]

What the hell?

You seriously need a special explanation on why $320 billion/mo of revenues does not cover $500 billion/mo of spending?

It doesn't take $500 billion per month to service the debt, Moron.

Learn to read antontoo

 

[Nostra]

Seriously?

None of you republican whack-jobs knows how any of this works, do you. You just got yer keyboard, yer Bud Light, and yer list of talking points and yer just a-banging away, completely oblivious.

SMDH.

Tell us how it works. Be specific, and bring links that aren't from some dipshit libtard politician.

 

[Crepitus]

Tell us how it works. Be specific, and bring links that aren't from some dipshit libtard politician.

Look, genius, we're raising the borrowing limit to pay bills that are due now, for spending that already happened.

Did faux niwz try to tell you this was to pay for the Build It Back Better bill? If so they lied. (Not a shock). It's to pay for tRump's tax cuts and shit.

 

[Nostra]

Look, genius, we're raising the borrowing limit to pay bills that are due now, for spending that already happened.

Did faux niwz try to tell you this was to pay for the Build It Back Better bill? If so they lied. (Not a shock). It's to pay for tRump's tax cuts and shit.

So you are saying we can obligate the US government for spending over and above the current debt limit.

So why do we ever need to raise the debt limit?

I note you have no links to support your lies.

 

[Crepitus]

So you are saying we can obligate the US government for spending over and above the current debt limit.

So why do we ever need to raise the debt limit?

I note you have no links to support your lies.

I notice you're too damn stupid to understand the difference between debt and spending.