Republicans Demand The Debt Ceiling Be Raised, And Promise To Block The Democrats Attempts To Do So

[skews13]

The nation is now used to seeing political standoffs whenever the time again comes to raise the now-infamous "debt ceiling." The nation is also generally aware of the dynamic that plays out each time the United States needs to raise the artificially set debt cap in order to keep paying the bills that Congress itself ordered the nation to pay: During times of Republican governance, Republicans hand out tax cuts to whoever the steady rotation of lobbyists in their offices tell them to, draining federal coffers. During times of Democratic governance, Republicans scream loudly about the money being spent on Actual Things, proclaim themselves outraged at federal deficits, and vow that they will absolutely not be a part of this fine mess that their yesterday selves got us into.

Republicans demand the debt ceiling be raised ... and promise to block Democratic attempts to do so

The nation is now used to seeing political standoffs whenever the time again comes to raise the now-infamous "debt ceiling." The nation is also generally aware of the dynamic that plays out each time the United States needs to raise the artificially...

www.dailykos.com

In modern history, Ronald Reagan oversaw the largest number of debt ceiling increases, and George W. Bush approved a near doubling of the borrowing cap during his two terms in office.

The debt ceiling increased two times under President Donald Trump, but the Trump administration also tinkered with the budget and the debt ceiling in other ways throughout its four years. When Trump was sworn into office in January 2017, the national debt stood at $19.9 trillion. By November 2020, the debt had increased to over $27 trillion.

Under Trump the debt ceiling increased:

• by $1.7 trillion to $19.8 trillion (de facto) in March 2017,
• by $2.2 trillion to $22 trillion in March 2019.

Trump suspended the debt ceiling in August 2019, through July 2021. At the time of the 2020 election, the national debt stood at over $27 trillion, the fastest rate of increase of the national debt of any modern president.

 

[Oddball]

They were wrong then, and they'll be just as wrong when they cave in yet again.

Does that make you and your bois at Daily Kooks happy now?

P.S....None of you moonbat kooks give a single flying fuck about the debt/deficit....Your mewling about it now rings hollow as hell.

 

[Toddsterpatriot]

At the time of the 2020 election, the national debt stood at over $27 trillion, the fastest rate of increase of the national debt of any modern president.

What were the second and third fastest rate of increase?

 

[g5000]

Republicans eliminated the debt ceiling altogether while Trump was in office, and proceeded to spend like drunken sailors in a whorehouse.

There really isn't a bigger pack of hypocrites.

Trump signs budget deal and suspends debt ceiling until 2021

The deal increases spending by $320 billion, pushing a contentious budget battle off until after the 2020 election

www.cbsnews.com

 

[g5000]

Pseudocons whined and whined and whined, and still whine, about Obama adding $8 billion to the debt in 8 years.

Trump added $7.8 billion in only four years, and the same pseudocons be like

 

[Grumblenuts]

Pseudocons whined and whined and whined, and still whine, about Obama adding $8 billion to the debt in 8 years.

Trump added $7.8 billion in only four years, and the same pseudocons be like

Billion, trillion, what's a few zeroes between commas?