Ronald Reagan raised the debt ceiling 18 times.

[LA RAM FAN]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

This would be a good thread had you left trump out of it,trump unlike Reagan was not a warmonger who started wars on other countries,trump stupid fuck brought more jobs back to the United States more than any president in sixty years,miserable fail as always stupid fuck, had you stuck to just talking about Reagan and left trumps name out of it,you finally fir the first time in your pathetic existence,would have made a good thread but in your sad desperate attempts to avoid the truth the Dems are as corrupt as the republicans and Reagan was,you got shit on your face in embarrassment once again as always by putting trumps name in there dumbfuck.

 

[Godboy]

There was no argument, Reagan sucked, I know cause I voted fer him.

Reagan was in the top 3 presidents of all time, along side Washington and Lincoln. He was THAT important for the entire world.

 

[whitehall]

There was no argument, Reagan sucked, I know cause I voted fer him.

Yeah right.

 

[Winston]

McCarthy has agreed to raise the debt limit...Joe Biteme doesnt want to cut spending.. That is why you are such a stupid person....

I would say you are the stupid one. McCarthy wants spending cuts. But defense, Medicare, and Social Security are off the table. So only about 16% of the total federal budget is available to be cut. And tax increases are off the table too. It is like a household wanting to address their budget problems by tipping less.

And here is the thing. The Trump tax cuts resulted in federal revenue as a percentage of GDP declining. And Covid caused spending as a percentage of GDP to increase. But spending as a percentage of GDP is declining, revenue is still lower than pre-pandemic. Numbers don't lie, we don't have a spending problem, we have a revenue problem.

The sensible compromise is easy, for every dollar in spending cuts we get a dollar in tax increases. That doubles the impact on the deficit. But the Republicans are not serious. We are not going to put a dent in the deficit by only looking at 16% of the budget. They won't raise taxes on billionaires, but they are more than willing to take food off the table of the poor. They want to reverse subsidies to clean energy, but grant no-bid contracts to oil companies. And they have just passed new rules concerning writing off those two martini lunches and living expenses for Congressmen and women that amounts to about a $35,000 increase in pay. Make the poor pay, make the sick pay, but they get raises and billionaires don't see an impact. I am calling shenanigans.

 

[ElmerMudd]

This would be a good thread had you left trump out of it,trump unlike Reagan was not a warmonger who started wars on other countries,trump stupid fuck brought more jobs back to the United States more than any president in sixty years,miserable fail as always stupid fuck, had you stuck to just talking about Reagan and left trumps name out of it,you finally fir the first time in your pathetic existence,would have made a good thread but in your sad desperate attempts to avoid the truth the Dems are as corrupt as the republicans and Reagan was,you got shit on your face in embarrassment once again as always by putting trumps name in there dumbfuck.

Wrong

Trump to leave office with the worst jobs record since Herbert Hoover

The number of employed Americans fell by 3 million during Trump's time in office.

fortune.com

 

[struth]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

both were able to work across party lines to get it done…that’s what leadership is all about and how our republic operates

sadly we are now dealing with demafasict tyrants who deny the will of rhe people and try to jam their stalinist agents through

 

[Mikeoxenormous]

Presidents raise the debt ceiling, not congress?

More bullshit from those that are ignorant

Congress

Congress has lifted the debt limit 78 times since 1960. The debt ceiling was last raised in December 2021 by $2.5 trillion, capping the limit at $31.381 trillion. If Congress does not agree to lift the debt ceiling, the government will not have money to pay its bills and will default on its debt.

Debt ceiling explained: Wha…​

And then the Marxists wonder why we consider them the most stupid people in the universe...You can get more stupid than a Joe Biteme voter.

 

[Mikeoxenormous]

I would say you are the stupid one. McCarthy wants spending cuts. But defense, Medicare, and Social Security are off the table. So only about 16% of the total federal budget is available to be cut. And tax increases are off the table too. It is like a household wanting to address their budget problems by tipping less.

And here is the thing. The Trump tax cuts resulted in federal revenue as a percentage of GDP declining. And Covid caused spending as a percentage of GDP to increase. But spending as a percentage of GDP is declining, revenue is still lower than pre-pandemic. Numbers don't lie, we don't have a spending problem, we have a revenue problem.

The sensible compromise is easy, for every dollar in spending cuts we get a dollar in tax increases. That doubles the impact on the deficit. But the Republicans are not serious. We are not going to put a dent in the deficit by only looking at 16% of the budget. They won't raise taxes on billionaires, but they are more than willing to take food off the table of the poor. They want to reverse subsidies to clean energy, but grant no-bid contracts to oil companies. And they have just passed new rules concerning writing off those two martini lunches and living expenses for Congressmen and women that amounts to about a $35,000 increase in pay. Make the poor pay, make the sick pay, but they get raises and billionaires don't see an impact. I am calling shenanigans.

You could FIRE all the non essential personnel of the Federal Government that that right there would make a surplus of revenue without a payout. Why do they keep NON ESSENTIAL personnel on the government teats?

 

[1srelluc]

Jeez.....Time to live in the now OP.

 

[ElmerMudd]

both were able to work across party lines to get it done…that’s what leadership is all about and how our republic operates

sadly we are now dealing with demafasict tyrants who deny the will of rhe people and try to jam their stalinist agents through

Red - increased yearly debt in Presidency Blue - decreased yearly debt in Presidency

 

[Nostra]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

He did?

well then, why doesn’t Tater just raise it?

 

[Winston]

You could FIRE all the non essential personnel of the Federal Government that that right there would make a surplus of revenue without a payout. Why do they keep NON ESSENTIAL personnel on the government teats?

Totally ignorant. Even eliminating ALL discretionary spending would not eliminate the deficit. Like I said, the Republicans are not serious about addressing the deficit.

 

[elektra]

Congress

Congress has lifted the debt limit 78 times since 1960. The debt ceiling was last raised in December 2021 by $2.5 trillion, capping the limit at $31.381 trillion. If Congress does not agree to lift the debt ceiling, the government will not have money to pay its bills and will default on its debt.

Debt ceiling explained: Wha…​

And then the Marxists wonder why we consider them the most stupid people in the universe...You can get more stupid than a Joe Biteme voter.

View attachment 788789

So? What is your point.

You preaching to the choir

 

[Thinker101]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

Was the debt $32 trillion during the Reagan years? $15 trillion? Stop the damn spending.

 

[ScorpioRising007]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

https://finance.yahoo.com/news/us-presidents-raised-debt-ceiling-110017986.html[

I will never understand the craziness of Republican thinking... but I guess you have to be a democrat to be able to think outside of the box. Default would be a disaster, the only reasonable answer it to raise the debt ceiling.

 

[Toddsterpatriot]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

They were much better presidents than Biden.

If the US defaults, every American will suffer.

Let's hope Biden doesn't fuck this up too.

 

[LordBrownTrout]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

A democrat congress raised it. Another fail.

 

[Toddsterpatriot]

I would say you are the stupid one. McCarthy wants spending cuts. But defense, Medicare, and Social Security are off the table. So only about 16% of the total federal budget is available to be cut. And tax increases are off the table too. It is like a household wanting to address their budget problems by tipping less.

And here is the thing. The Trump tax cuts resulted in federal revenue as a percentage of GDP declining. And Covid caused spending as a percentage of GDP to increase. But spending as a percentage of GDP is declining, revenue is still lower than pre-pandemic. Numbers don't lie, we don't have a spending problem, we have a revenue problem.

The sensible compromise is easy, for every dollar in spending cuts we get a dollar in tax increases. That doubles the impact on the deficit. But the Republicans are not serious. We are not going to put a dent in the deficit by only looking at 16% of the budget. They won't raise taxes on billionaires, but they are more than willing to take food off the table of the poor. They want to reverse subsidies to clean energy, but grant no-bid contracts to oil companies. And they have just passed new rules concerning writing off those two martini lunches and living expenses for Congressmen and women that amounts to about a $35,000 increase in pay. Make the poor pay, make the sick pay, but they get raises and billionaires don't see an impact. I am calling shenanigans.

But spending as a percentage of GDP is declining, revenue is still lower than pre-pandemic.

2019 and 2020 revenues were $3.4 trillion. Last year was $4.9 trillion.
Cut spending to 2019's $4.4 trillion and we'd have a $500 billion surplus.

The sensible compromise is easy, for every dollar in spending cuts we get a dollar in tax increases.

$20 in cuts for every $1 in new taxes.
The pandemic is over, no need to spend $2 trillion more this year than in 2019.

 

[Cellblock2429]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

/——/ Actually, the democRAT Congress raised the debt limit most of those times, but why quibble over historical fact?

 

[tahuyaman]

Ronald Reagan raised the debt ceiling 18 times. Donald Trump raised the debt ceiling twice

Since when have the Republicans been hardliners on the debt ceiling.

The time to cut costs is during the budget negotiations.

If the US defaults, every American will suffer.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don't fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount...

finance.yahoo.com

Ronald Reagan never raised the debt ceiling. That has always been the job of the congress.

Other than that, the house Republicans passed a bill and the senate Democrats are doing nothing. I’m not sure what you’re complaining about.