House Passes Debt Ceiling Bill

[pknopp]

Not to take up for Keynes, but he did not envision borrowing during slow times and during boom times. He envisioned paying back during boom times, not making more debt.

Right.

But if he were smart, he would have known what would happen. People praise him, because he gives cover for them to spend like their ain't no end.

No, people do that on their own.

Maybe he actually did know what would happen. He said, "in the long run we're all dead." Well . . . he is, and his grandchildren and my grandchildren will pay the price.

Because we continued to spend and cut revenue during the "greatest economy ever".

 

[rightwinger]

With the House vote of 314-117, the bill now heads to the Senate with passage expected by week’s end.

House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate

The debt ceiling and budget cuts package is heading toward House passage after crossing a crucial hurdle Wednesday. President Joe Biden expressed optimism the deal he negotiated with Speaker Kevin McCarthy would pass later in the evening. They have worked to assemble a coalition of centrist...

apnews.com

Not even close. Magatards fail again. How did that epic ass kicking from Biden feel.

Biden has been through this before….he knows how the game is played

MAGA just pouts

 

[Seymour Flops]

I hope we won't do this again. If the Republicans want the debt to start going down, they have the house. Let them pass a budget that spends less than we are projected to take in and stand firm on it. Passing budget after budget that adds to debt and then not increasing the debt limit is absurd.

The truth that no one wants to face is that we can only stop adding to the debt through a combination of spending cuts and tax increases. The tax increases will have to be on the middle class. Taxing the rich is a good way to punish success, but a terrible way to raise revenue, because they can so easily outsmart the feds.

 

[Seymour Flops]

Right.


No, people do that on their own.

Using Keynes as their justification.

Because we continued to spend and cut revenue during the "greatest economy ever".

Right, never happened before, that's for sure.

 

[1srelluc]

Given that the gop barely has a majority in the House.....You know 1/3 of the government, I'll fuckin' well take it.

Remember, it took Newt four years to get to the only balanced budget most folks have seen in their lifetimes. That and it was done with big capital gains cuts and we had economic stability and middle-class prosperity to go along with it.

Now it's up to the voters to build on that by making the gop margins bigger in the House, and taking both the Senate and the WH away from the dems.

 

[easyt65]

Why is McCarthy smiling? Democrats had to bail his ass out to get the thing approved.

Relieved - yes, happy - no.

His Speaker position may now be in jeopardy.

 

[Hossfly]

Time to throw the tea into the harbor.

 

[JimH52]

Rand Paul has his own special war going on:

Rand Paul to force Senate vote on potential cuts to Social Security, Medicare​

Paul to force tough debt ceiling vote to cut total spending

CLARIFICATION: Paul’s office says that under his spending plan, Social Security will be exempt from cuts. Conservative Sen. Rand Paul (R-Ky.) says he will force the Senate to vote t…

thehill.com

Of course he is insane. Trying to take money away from his constituents...and they will STILL vote for the POS.

 

[JimH52]

Given that the gop barely has a majority in the House.....You know 1/3 of the government, I'll fuckin' well take it.

Remember, it took Newt four years to get to the only balanced budget most folks have seen in their lifetimes. That and it was done with big capital gains cuts and we had economic stability and middle-class prosperity to go along with it.

Now it's up to the voters to build on that by making the gop margins bigger in the House, and taking both the Senate and the WH away from the dems.

You do remember the THREE votes during the trump regime when the debt ceiling was raised?
You soap box is very slippery.

 

[pknopp]

Of course he is insane. Trying to take money away from his constituents...and they will STILL vote for the POS.

We could cut 5% across the board by addressing waste, duplicity and fraud and never affect a single service.

 

[Moonglow]

Of course he is insane. Trying to take money away from his constituents...and they will STILL vote for the POS.

It is Kentucky.

 

[easyt65]

When more Democrats vote for a GOP bill than Republicans do it was probably not a very good bill...

 

[candycorn]

With the House vote of 314-117, the bill now heads to the Senate with passage expected by week’s end.

House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate

The debt ceiling and budget cuts package is heading toward House passage after crossing a crucial hurdle Wednesday. President Joe Biden expressed optimism the deal he negotiated with Speaker Kevin McCarthy would pass later in the evening. They have worked to assemble a coalition of centrist...

apnews.com

Not even close. Magatards fail again. How did that epic ass kicking from Biden feel.

Biden is running the table on MAGA.

I think most republicans have decided to just ride out the storm until MAGA goes away and they can start trying to find their footing in reality again.

 

[White 6]

Rand Paul has his own special war going on:

Rand Paul to force Senate vote on potential cuts to Social Security, Medicare​

Paul to force tough debt ceiling vote to cut total spending

CLARIFICATION: Paul’s office says that under his spending plan, Social Security will be exempt from cuts. Conservative Sen. Rand Paul (R-Ky.) says he will force the Senate to vote t…

thehill.com

Cutting Social Security and Medicare will not fly.

 

[petro]

Another failure of government.
Nothing to celebrate in kicking the can down the road in an endless loop of debt deja vu.

See y'all again when the next "debt ceiling crisis" comes again, and again, and again.

The house of cards gets weaker each time.

 

[Oddball]

McCarthy had to beg democrats.

Motion to vacate.

 

[Oddball]

When more Democrats vote for a GOP bill than Republicans do it was probably not a very good bill...

I repeat: motion to vacate.

 

[petro]

Time to throw the tea into the harbor.

Time to throw politicians in the harbor.

 

[Oddball]

Make tar and feathers great again.

 

[Stann]

WTF are you talking about? Do you even know?

It was a deal negotiated by McCarthy, although the fact that Drmocrats had to and did help McCarthy pass it probably means Democrats got the better end of the deal.

McCarthy had to make a lot of promises to get the Speaker position. His grip on it is not very secure. If it it is a bad deal and gets passed all the way through he may have just forfeited the Speaker position.

You think the country going into default would have helped anyone ?