Republicans gave us all this Debt, and Now they Don't want to pay for it.

[Orangecat]

yes but we ran more debt because of the republicans.

Wahhhh! Your side spent more than mine!!!
Spoken like a truly petty little useful idiot cvnt.

 

[The Banker]

Out of an abundant sense of idle curiosity, how does this thread and the wholly dishonest thread headline comport with the Board’s clean start rule?

Should this crap thread be anywhere but the basement?

I openly challenge you to factually refute anything I said.

Trump and the GOP gave us this debt with their massive spending programs, like the massive $5+ Trillion bill passed in 2017, pre-covid.
Now those same trash republicans don't want to pay for the bill they passed.

 

[Lesh]

Wahhhh! Your side spent more than mine!!!
Spoken like a truly petty little useful idiot cvnt.

The point is not a tit for tat...it's that your side not only DID spend more money....it wants to NOT pay that debt at the expense of our economic health...

 

[The Banker]

Democrap administrations, you scumbag liar, absolutely have added to the major debt and deficit problems this nation faces.

I win. You, of course, lose. As always.

And you’re a lying scumbag liar who lies.

Now, go play in traffic, you twat waffle.

nice try.

You posted no facts and have made no rebuttals at all. You have nothing.

Trump gave us 25% of our total debt in just 4 years. FACT
Bush inherited a balanced budget and projected surplus then blew up and crashed the economy. FACT
In 2017 Trump and the GOP passed a $4.7T spending bill with spending out to 2029, and now they don't want to pay for it. FACT.

you suck at this.

 

[Orangecat]

The point is not a tit for tat..

Yes, it is.
Perceptive adults realize that both parties are involved in the budget process.
Parsing guilt and pointing fingers is the domain of useful idiots and partisan fools.

 

[BackAgain]

I openly challenge you to factually refute anything I said.

Already accomplished, you moron scumbag.

Trump and the GOP gave us this debt with their massive spending programs, like the massive $5+ Trillion bill passed in 2017, pre-covid.
Now those same trash republicans don't want to pay for the bill they passed.

You lying liar who continually lies.

Give truth a chance. Someday.

 

[Nostra]

Trump gave us 25% of our total debt in just 4 years with countless big time spending bills and stimulus packages, proposing and signing them all throughout his presidency. In addition Trump repeatedly asked for even more spending and stimulus. AND Trump's spending bills were long term bills, meaning they had spending proposals that continued for years after his presidency.

Now, in 2023 all the republicans that voted for all those spending bills, suddenly do not want to pay for them.

This is the epitome of "playing politics" The republicans always do this.

Trump's 2017 $4.7 T Tax cut and jobs act has spending appropriations all the way out to 2029. The Republicans did that, now they don;t want to pay for it, and want to shut down the government.

Trump and the GOP passed these spending bills pre-covid, in 2017 and 2019.

Trump ramped the annual US deficit from $587B/yr in 2016, to $987B/yr in 2019, to $3.1T/yr in 2020.
Biden has lowered the annual deficit from Trump's massive $3+T/yr to $1.3T/yr, a big drop.

The debt is from Trump and his policies and it started pre-covid. They are longterm spending policies that cost the US $trillions over several years out to 2029. The republicans that all voted for this spending are now trying to not pay for it, playing politics per usual.

The republicans always pull crap like this.

President Trump has Signed $4.7 Trillion of Debt into Law | Committee for a Responsible Federal Budget

2020-01-08-Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns.

www.crfb.org

Trump signs massive omnibus spending, coronavirus relief package - Roll Call

Trump signed a massive government funding and pandemic aid package, despite earlier calling it a “disgrace” and demanding that lawmakers amend it.

rollcall.com

Republicans passed a bill to raise the debt limit, Simp.

Biden said no.

 

[Nostra]

This bullshit does not belong in Politics. The Banker should only be allowed to post in The Rubber Room.

Bingo!

 

[Nostra]

Banker doesn’t know the difference between debt and deficit.

 

[BackAgain]

nice try.

You posted no facts and have made no rebuttals at all. You have nothing.

Trump gave us 25% of our total debt in just 4 years. FACT
Bush inherited a balanced budget and projected surplus then blew up and crashed the economy. FACT
In 2017 Trump and the GOP passed a $4.7T spending bill with spending out to 2029, and now they don't want to pay for it. FACT.

You really suck at this, you filthy scumbag. Look at each word in your dishonest thread headline, you fuckwit. Do you see the word you used “all” there? We all do.

You’re a liar and a retard.

Gfy.

 

[The Banker]

Already accomplished, you moron scumbag.


You lying liar who continually lies.

Give truth a chance. Someday.

Ok then post credible facts and links that refute me.
Which you can't do.

Just proclaiming bullshit, with no credible links or facts behind is meaningless.

You can not refute anything I post at all.

 

[The Banker]

You really suck at this, you filthy scumbag. Look at each word in your dishonest thread headline, you fuckwit. Do you see the word you used “all” there? We all do.

You’re a liar and a retard.

Gfy.

waaaa
waaaaa !

mommy mommy Banker was being mean to me today and he beat me up again. Waaaa !!!

 

[BackAgain]

waaaa
waaaaa !

mommy mommy Banker was being mean to me today and he beat me up again. Waaaa !!!

So. I accept your defeat. And clearly, you recognize it too. Sucks to be you.

 

[Lesh]

Yes, it is.
Perceptive adults realize that both parties are involved in the budget process.
Parsing guilt and pointing fingers is the domain of useful idiots and partisan fools.

In 2017 Trump and the GOP passed a $4.7T spending bill with spending out to 2029, and now they don't want to pay for it. FACT.

Fact

 

[Orangecat]

Fact

^Moron

 

[Lesh]

Yesterday’s market plunge seemed to suggest that investors, after months of ignoring the fight over raising the debt ceiling, were suddenly taking the once-unthinkable possibility of a U.S. debt default seriously. Treasury Secretary Janet Yellen warned lawmakers at a Senate hearing of “catastrophic” consequences if they failed to suspend or raise the debt limit before the government hit it, which the Treasury estimated could come as soon as Oct. 18.
This isn’t the first time the government has flirted with the debt ceiling, an artificially imposed borrowing limit that Congress used to raise routinely, but that in recent years has become a partisan cudgel. Nor is it the most immediate economic threat coming out of Washington. A government shutdown, which could happen as early as Friday, would furlough federal workers and disrupt other government services.
But a potential government debt default is what particularly worries market watchers. Here are two of the main scenarios being discussed on Wall Street as the debt ceiling closes in.
The “short-term panic” scenario. A brush with a ceiling-induced default in 2011, the first in a while, riled markets and led many to predict that the U.S.’s ability to borrow would be permanently affected: Standard & Poor’s downgraded the country’s credit rating for the first time in 70 years. (A decade later, interest rates are lower than ever.) Similarly, in 2013, during another debt-ceiling standoff, short-term government borrowing rates shot up, but quickly fell back to where they were before once the debt ceiling was raised. In both cases, the broader economy — jobs, house prices and the like — over time brushed off the temporarily higher borrowing costs.
ADVERTISEMENT
Continue reading the main story


Yellen’s “catastrophic” scenario. A prolonged standoff could result in something a lot worse than what happened in 2011 or 2013. The main problem: Treasuries are widely used as collateral to back up short-term loans. If the U.S. defaults on some of its bonds, lenders may be unwilling to accept those tainted securities as collateral. Worse, Wall Street’s trading systems have not really been set up to sort defaulted Treasuries from the rest, because few thought a U.S. default was possible. This could lead to a short-term lending market that grinds to a halt, like at the beginning of the financial crisis.
Investors appear to have regained a measure of confidence today, with stock futures up and bond yields falling. It could be a sign that investors are betting on the first scenario — yet another episode of debt-ceiling brinkmanship that is eventually resolved before things tip over the edge. What do you think? Let us know at [email protected]. Include your name and location and we may feature your response in a future newsletter.

 

[Nostra]

^Moron

Fact.

 

[Thinker101]

Yesterday’s market plunge seemed to suggest that investors, after months of ignoring the fight over raising the debt ceiling, were suddenly taking the once-unthinkable possibility of a U.S. debt default seriously. Treasury Secretary Janet Yellen warned lawmakers at a Senate hearing of “catastrophic” consequences if they failed to suspend or raise the debt limit before the government hit it, which the Treasury estimated could come as soon as Oct. 18.
This isn’t the first time the government has flirted with the debt ceiling, an artificially imposed borrowing limit that Congress used to raise routinely, but that in recent years has become a partisan cudgel. Nor is it the most immediate economic threat coming out of Washington. A government shutdown, which could happen as early as Friday, would furlough federal workers and disrupt other government services.
But a potential government debt default is what particularly worries market watchers. Here are two of the main scenarios being discussed on Wall Street as the debt ceiling closes in.
The “short-term panic” scenario. A brush with a ceiling-induced default in 2011, the first in a while, riled markets and led many to predict that the U.S.’s ability to borrow would be permanently affected: Standard & Poor’s downgraded the country’s credit rating for the first time in 70 years. (A decade later, interest rates are lower than ever.) Similarly, in 2013, during another debt-ceiling standoff, short-term government borrowing rates shot up, but quickly fell back to where they were before once the debt ceiling was raised. In both cases, the broader economy — jobs, house prices and the like — over time brushed off the temporarily higher borrowing costs.
ADVERTISEMENT
Continue reading the main story


Yellen’s “catastrophic” scenario. A prolonged standoff could result in something a lot worse than what happened in 2011 or 2013. The main problem: Treasuries are widely used as collateral to back up short-term loans. If the U.S. defaults on some of its bonds, lenders may be unwilling to accept those tainted securities as collateral. Worse, Wall Street’s trading systems have not really been set up to sort defaulted Treasuries from the rest, because few thought a U.S. default was possible. This could lead to a short-term lending market that grinds to a halt, like at the beginning of the financial crisis.
Investors appear to have regained a measure of confidence today, with stock futures up and bond yields falling. It could be a sign that investors are betting on the first scenario — yet another episode of debt-ceiling brinkmanship that is eventually resolved before things tip over the edge. What do you think? Let us know at [email protected]. Include your name and location and we may feature your response in a future newsletter.

Gee, guess you idiots need to get off your asses and start negotiating.

 

[Lesh]

Gee, guess you idiots need to get off your asses and start negotiating.

You want to negotiate over spending? Do it when the next appropriations bill. Comes up.

Don’t hold the economy hostage over spending YOU already pledged

 

[Lesh]

Fact.

Yes. Orange is a moron as are you

Thanks