Trump calls for scrapping debt limit

[sealybobo]

Totally disagree with that idea! Fucking national debt will go through the roof in 10 to 15 years. We will be broke and US dollar not with worth jacks… like Zimbabwe before long.

Just remember the last time we had a "projected budget surplus" it was Bill Clinton and Newt. They cut down on the spending and if things stayed the way they were at that time, we would have a budget surplus. The next move might be paying down the debt. Who knows? We will never know because Bush used the surplus as justification for giving rich people tax breaks. Sound familiar? That's exactly what Trump is doing. So MAGA, you can not be happy with this.

I have a hard time agreeing with Elon. He can rot in hell for all I care. But on this he's right.

Former White House advisor Elon Musk escalated his attacks on the big Republican bill cutting taxes and Medicaid, urging Americans to call their lawmakers to kill the bill.
“Call your Senator, Call your Congressman, Bankrupting America is NOT ok! KILL the BILL,” Musk wrote on his social media platform Wednesday.

Republicans should be ashamed to vote for it. House Speaker Mike Johnson (R-La.) said he was blindsided by Musk’s change of tone after they’d had a cordial conversation on Monday.
“I called Elon last night and he didn’t answer, but I hope to talk to him today,” Johnson said, adding that he’s spoken to the president about the situation.

“He’s not delighted that Elon did a 180 on that,” Johnson said. “But look, I don’t know what happened in 24 hours. Everybody can draw their own conclusions about that.”

The legislation combines more than $4 trillion in tax cuts and new spending with less than $2 trillion in cuts to Medicaid and other social programs, for a net deficit of $2.4 trillion, according to the Congressional Budget Office. The deficits would be even wider counting interest expenses, and the likelihood a future Congress would extend several tax cuts is currently written as temporary in the bill.
“A new spending bill should be drafted that doesn’t massively grow the deficit and increase the debt ceiling by 5 TRILLION DOLLARS,” Musk posted on Wednesday.

 

[XponentialChaos]

No, I didn’t!

You didn’t vote for Trump?

 

[Zafira Cherry]

Trump assaulted our 2A twice.
He tried to give blacks $500 billion, just for being black (Platinum Plan)
He gave Pelosi every thing and every dime she wanted.
He fully funded the Dept. of Ed and all other government agencies.
He funded gender studies
He fully funded USAID.
He and Fauci were BFF's
He initiated the first 2 covid mandates.
He shoved a massively over priced flu shot in the faces of all Americans
Spend $8 trillion in 4 years. Creating a huge amount of inflation
Tried to shove a national healthcare plan down our throats.
Increase the debt ceiling 4 times and suspend it for 2 years.
Gave rich foreign countries like Israel $5 billion every year
Vetoed only 1 spending bill in 4 years
Give historical black colleges a millions
Give womens organizations millions.
And recently, pledge to have the Federal Government pay for women IVF's
Talked the oil companies into lowering oil production, which initiated the oil bust cycle of 2020


^^^^ How is any of this NOT something you democrats would've been proud of, had Biden done those same exact things?

Don't forget Trump said "Take the guns first, go through due process second"
And something about "Bump stocks" as well

 

[bendog]

But this BBB increases spending and deficits.

yeah, but I was responding to the notion that "debt limits must fall." They don't at least in non-inflation adjusted dollars. They do, however, have to rise slower than economic growth, or we'll be Britian.

 

[Ringo]

 

[JLW]

Big spending, big government republicans are doing their very best to destroy the USD and it's value. Eliminating the debt ceiling will only allow them to sink this ship. They're not even trying to get the spending under control.
He's siding with Elizabeth Warren..........

Trump is still a democrat at heart. His true blue colors shined bright last time he was in office. They're shining even bluer now.

Trump calls for scrapping debt limit​

President Trump on Wednesday doubled down on calls to scrap the nation’s debt ceiling, pressing for bipartisan action to abolish it and finding common ground with Democrat Sen. Elizabeth Warren (Mass.).

“I am very pleased to announce that, after all of these years, I agree with Senator Elizabeth Warren on SOMETHING. The Debt Limit should be entirely scrapped.........

Trump is not a Democrat nor a democrat. Not even close. He is a chaos agent. He has no core and only acts transactionally. What is good for Trump is considered good for the nation, at least in Trump's mind. No different in mindset than Putin or Xi.

 

[jc456]

Stop deflecting, bot. The Democrats don't hold the White House. The Democrats don't control either chamber of Congress. The Republicans have the trifecta and they promised to reduce waste and rein in spending. They've barely done shit, as usual.

So why’s there a debt ceiling if it’s ignored every session?

 

[The Sage of Main Street]

He is there doing work for Deep State

Dying of Starvation Next to a Locked Kroger Warehouse

You know what is Deep? The tens of trillion dollars in underground resources we have been forced by Zero-Growth Gurus and Rightist hoarders to let go undeveloped. Even more wasting away is the deeply creative minds that also go undeveloped because of the unmotivating educational system.

 

[jc456]

Republicans have increased the debt ceiling 54 times. Democrats have increased it 35 times.

Didn’t answer my question. If it’s merely ignored, what’s it’s need?

 

[1srelluc]

Trump is not a Democrat nor a democrat. Not even close. He is a chaos agent. He has no core and only acts transactionally. What is good for Trump is considered good for the nation, at least in Trump's mind. No different in mindset than Putin, Xi or Idi Amin.

 

[whitehall]

It's a phony ceiling that nobody pays any attention to.

 

[YoursTruly]

Didn’t answer my question. If it’s merely ignored, what’s it’s need?

You're just changing the subject. Trump and his RINO minions have the trifecta. They were supposed to reduce spending back in March. If they had, then the debt ceiling wouldn't even be an issue now.
Trump & and the RINO's want to continue to spend more. So they'll eliminate the debt ceiling so this topic never comes up again. And they won't be held accountable for spending too much.

And like a good sheep, you totally ignore those important points and try to make out like Trump is making the right decision in eliminating it.

 

[YoursTruly]

It's a phony ceiling that nobody pays any attention to.

We pay attention to it.

 

[YoursTruly]

Trump is not a Democrat nor a democrat. Not even close. He is a chaos agent. He has no core and only acts transactionally. What is good for Trump is considered good for the nation, at least in Trump's mind. No different in mindset than Putin or Xi.

These things make him a democrat.

Trump assaulted our 2A twice.
He tried to give blacks $500 billion, just for being black (Platinum Plan)
He gave Pelosi every thing and every dime she wanted.
He fully funded the Dept. of Ed and all other government agencies.
He funded gender studies
He fully funded USAID.
He and Fauci were BFF's
He initiated the first 2 covid mandates.
He shoved a massively over priced flu shot in the faces of all Americans
Spend $8 trillion in 4 years. Creating a huge amount of inflation
Tried to shove a national healthcare plan down our throats.
Increase the debt ceiling 4 times and suspend it for 2 years.
Gave rich foreign countries like Israel $5 billion every year
Vetoed only 1 spending bill in 4 years
Give historical black colleges a millions
Give womens organizations millions.
And recently, pledge to have the Federal Government pay for women IVF's
Talked the oil companies into lowering oil production, which initiated the oil bust cycle of 2020

 

[22lcidw]

MAGAs are in for a rude awakening. TACO is not a Republican nor fiscally conservative.
TACO changed his political affiliation 6 times.

and the funny thing is bessent and musk both share the same fear of deficits and debt, yet Trump played them off one another while he played his my dick is bigger tariff games.

Trump is not playing them. Trump is trying to pass something within the framework of his promises and getting enough votes to do so. He has to put up with the 95% pro prog media/entertainment industry. To even get to the next level he may have to do this. Tell us what the progs would do. We have had two trillion-dollar deficits with Joe. The Progs are not even trying to help with the budget. The Tea Party was a good idea. The swamp deep sixed it and infected it with some frauds and slowly killed it off. Destroying good men and women running for office. You helped it along. Kamala said near nothing of her full agendas to us.

 

[Zafira Cherry]

Trump is not playing them. Trump is trying to pass something within the framework of his promises and getting enough votes to do so. He has to put up with the 95% pro prog media/entertainment industry. To even get to the next level he may have to do this. Tell us what the progs would do. We have had two trillion-dollar deficits with Joe. The Progs are not even trying to help with the budget. The Tea Party was a good idea. The swamp deep sixed it and infected it with some frauds and slowly killed it off. Destroying good men and women running for office. You helped it along. Kamala said near nothing of her full agendas to us.

How did I help it along?

 

[Zafira Cherry]

It's a phony ceiling that nobody pays any attention to.

Not true. US Bonds are losing their luster.

Buyers of U.S. bonds are getting nervous

Bond Problems

 

[YoursTruly]

Trump is not playing them. Trump is trying to pass something within the framework of his promises and getting enough votes to do so. He has to put up with the 95% pro prog media/entertainment industry. To even get to the next level he may have to do this. Tell us what the progs would do. We have had two trillion-dollar deficits with Joe. The Progs are not even trying to help with the budget. The Tea Party was a good idea. The swamp deep sixed it and infected it with some frauds and slowly killed it off. Destroying good men and women running for office. You helped it along. Kamala said near nothing of her full agendas to us.

Taking away states rights to regulate AI in their own states isn't within the "framework of his promises." Neither is the centralization of personal data, that built into this bill.
The framework of Trumps promises were to cut spending, the national debt and the deficit. Instead it increases all of that. And inflation. Which will obliterate all the tax cuts within a year.
The media has nothing to do with any of that. 95% of the GOP are in lock step with him. The only ones he has to worry about, are the fiscal conservatives who are only trying to do what Trump promised to do.

 

[jc456]

You're just changing the subject. Trump and his RINO minions have the trifecta. They were supposed to reduce spending back in March. If they had, then the debt ceiling wouldn't even be an issue now.
Trump & and the RINO's want to continue to spend more. So they'll eliminate the debt ceiling so this topic never comes up again. And they won't be held accountable for spending too much.

And like a good sheep, you totally ignore those important points and try to make out like Trump is making the right decision in eliminating it.

Why can’t you answer the value of having one? Seems it’s you ignorant. It confuses you, cause you can’t think.

It’s his fking point

 

[jc456]

These things make him a democrat.

Trump assaulted our 2A twice.
He tried to give blacks $500 billion, just for being black (Platinum Plan)
He gave Pelosi every thing and every dime she wanted.
He fully funded the Dept. of Ed and all other government agencies.
He funded gender studies
He fully funded USAID.
He and Fauci were BFF's
He initiated the first 2 covid mandates.
He shoved a massively over priced flu shot in the faces of all Americans
Spend $8 trillion in 4 years. Creating a huge amount of inflation
Tried to shove a national healthcare plan down our throats.
Increase the debt ceiling 4 times and suspend it for 2 years.
Gave rich foreign countries like Israel $5 billion every year
Vetoed only 1 spending bill in 4 years
Give historical black colleges a millions
Give womens organizations millions.
And recently, pledge to have the Federal Government pay for women IVF's
Talked the oil companies into lowering oil production, which initiated the oil bust cycle of 2020

Thought congress was the pocketbook