Make no mistake, Republicans raised the debt ceiling. Biden and Schumer are refusing to raise the debt ceiling.

[excalibur]

Biden can just invoke the 14th Amendment.

No, he cannot. Only Congress can legislate and only Congress has the power of the purse and to raise the debt ceiling. At best a President can prioritize what obligations must be paid but must be in keeping with Section 4, that is the public debt.

As Section 5 of the 14th Amendment says 'The Congress shall have power to enforce, by appropriate legislation, the provisions of this article'.

 

[pknopp]

They didn't do their job. Their job is to fund the spending that has already been approved and passed. It is like telling your wife you are not going to pay the credit card bill until she "cuts spending". It is childish and moronic.

There are things like unspent covid relief funds that could be cancelled. You can also fund the current debt while also addressing future debt.

If you were struggling to make ends meet and your wife bought a really expensive purse, would it be wrong to see that she sent it back?

 

[Papageorgio]

We've got to repeal the tax cuts and go back to 1950's level taxes on the top 10%. We also have to make damn sure that these cheats can't cheat the system! Once this is done our debt will go down as we will get enough revenue to pay it down.

Using legal tax cuts and credits that were allowed by both Democrats and Republicans are cheating the system?

 

[pknopp]

Using legal tax cuts and credits that were allowed by both Democrats and Republicans are cheating the system?

Maybe they were speaking more along these lines.

Trump Organization fined $1.6 million for tax fraud

 

[Papageorgio]

We've got to repeal the tax cuts and go back to 1950's level taxes on the top 10%. We also have to make damn sure that these cheats can't cheat the system! Once this is done our debt will go down as we will get enough revenue to pay it down.

If we cut spending instead of adding to it, you may have a point, however it is just plain ignorant and irresponsible to raise taxes and not cut spending, that would make our country financially sound. We need to lower debt and until it is paid off, tighten the purse strings.

 

[pknopp]

If we cut spending instead of adding to it, you may have a point, however it is just plain ignorant and irresponsible to raise taxes and not cut spending, that would make our country financially sound. We need to lower debt and until it is paid off, tighten the purse strings.

That's never going to work. Why shouldn't people be willing to pay for what they have spent?

 

[Papageorgio]

Maybe they were speaking more along these lines.

Trump Organization fined $1.6 million for tax fraud

Proof they all do that? Taking a tax deduction is not illegal. I’m all for taking away deductions but to blame people for taking legal deductions because they are rich is moronic.

 

[pknopp]

Proof they all do that? Taking a tax deduction is not illegal. I’m all for taking away deductions but to blame people for taking legal deductions because they are rich is moronic.

The person you replied to noted that we need to stop the cheats from cheating. That is not addressing legal tax deductions. That is addressing those who cheat.

Trump Organization fined $1.6 million for tax fraud

 

[candycorn]

Fake News.

 

[Harpy Eagle]

The 1950's taxes were accompanied with major tax deductions. Don't let facts get in the way with your yarn.

All of those major tax deductions still exist with some more added in

 

[Harpy Eagle]

You going to pay for it, slugger?

Maybe they could cut the subsidies to the ethanol industry to pay for them....Oh wait that was in the bill and then taken out

 

[jbrownson0831]

And they lower ssi to 2022 levels which are too fucking low as it is to even live on. This isn't ok or right. This also lowers food aid for disabled and people in need to the lowest level since early 2020 more or less.

It is evil and wrong.

Get a job if you want something to live on moocher.

 

[Frankenstein]

The GOP always manages to claim they want fiscal conservative action only when they are not in power. When they control the government they forget about it.

Democrats always want to spend more by screwing the American worker, while subsidizing those who won't work greatest screw job in History, meanwhile they are worthless, and do anything to get reelected, because they love that gravy train. kiss my arse

 

[Moonglow]

Democrats always want to spend more by screwing the American worker, while subsidizing those who won't work greatest screw job in History, meanwhile they are worthless, and do anything to get reelected, because they love that gravy train. kiss my arse

Yeah, 2020 proved that, not. So did the invasion of Iraq, not.

 

[Frankenstein]

The person you replied to noted that we need to stop the cheats from cheating. That is not addressing legal tax deductions. That is addressing those who cheat.

Trump Organization fined $1.6 million for tax fraud

You used fake news on my post, if you have something to say to refute my post, have at it, be an adult

 

[Frankenstein]

Yeah, 2020 proved that, not. So did the invasion of Iraq, not.

The invasion of Iraq was justified, whether we found WMD's or not, which of course we did, they were neve in compliance with the cease fire conditions.

 

[Moonglow]

The invasion of Iraq was justified, whether we found WMD's or not, which of course we did, they were neve in compliance with the cease fire conditions.

Yes, we must have oil.

 

[Nostra]

Democrats always want to spend more by screwing the American worker, while subsidizing those who won't work greatest screw job in History, meanwhile they are worthless, and do anything to get reelected, because they love that gravy train. kiss my arse

P-Nutbag is a pathetic troll.

 

[Moonglow]

The negotiations continue.

 

[Nostra]

Why are Biden and Schumer hellbent on defaulting on our debt and crashing the economy?