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The debt ceiling is the maximum amount of money the US government can borrow to pay its bills and fund programs. It's also known as the debt limit.

How it works
  • Congress sets the debt ceiling.

  • The Treasury can borrow up to the debt ceiling to pay bills and honor commitments made by Congress.

  • Once the debt ceiling is reached, the government can't increase its debt.

  • The Treasury can use temporary measures to borrow more for a short time.
What happens if the debt ceiling is reached?

  • The government risks defaulting on its debts.
  • The US credit rating could be lowered.
  • Consumer confidence could be shaken.
  • The stock market could fall.
  • The US economy could enter a recession.
  • Interest rates could rise.

Why is the debt ceiling important?
  • It limits the amount of debt the government can take on.

  • It prevents the government from authorizing new spending commitments.
Link us up to the time the Gov hit the debt ceiling and stopped spending at that level.

GO!
 
How to tell us you're a fiscal idiot without using the words. DOGE has done NOTHING, because they have no legal authority to act.





Happy reading, FuckBoi!!!
You do realize, don't you, that your reflexive opposition to anything and everything even remotely connected to TRUMP! has put you firmly in the position of defending things like pretzel untwisting and teaching clowns how to tie balloon animals?
 
Ahhhh..................poor idiot. You posted useless links to butthurt libtard organizations filing frivolous suits to keep wasteful spending in place.

Meanwhile, DOGE is getting billions cut.

Moron, go fix your shithole Kountry.

So you have nothing to prove your post????? Meanwhile Musk is lying about everything.

My country didn't elect a criminal conman to lead the nation into chaos and ruin. YOU DID!!!
 
One can always expect the lowest of tact and least ability to respond from the angry, self-loathing left.
It's the self-hating, masochistic right that is the real problem. The delusional, hubristic, big-money capitalists think they're going to through the heavy hand of a plutocratic government, top-down, legal regime of executive orders, impose their detrimental elite-class interests upon the American people, without destroying everything they value and cling to. Their wealth and power will crumble to the ground, like every past aristocracy that has dared to do the same. When life turns into hell for a significant % of the general public, that's the end of their abusive power.
 
Link us up to the time the Gov hit the debt ceiling and stopped spending at that level.

GO!


On June 3, 2023, the debt ceiling was suspended when U.S. president Joe Biden signed the Fiscal Responsibility Act of 2023 into law. This ended the debt-ceiling crisis that began on January 19, 2023; the debt ceiling suspension remained in effect until December 31, 2024.

United States debt ceiling - Wikipedia​

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How to tell us you're a fiscal idiot without using the words. DOGE has done NOTHING, because they have no legal authority to act.





Happy reading, FuckBoi!!!
Why don't you ask why this is the case?

I get why four in 10 young Canadians want to join the U.S.​



The Security Industrial Complex has destroyed Canada. We even treat every American tourist like garbage. Canadians arriving back in Canada are treated like garbage by the border guards.

The covert creeps in this country misrepresent and generate fake criminals and crimes to destroy lives at a young age and then have our allies view such a citizen with suspicion when none should exist!

You are part of this complex I'm sure. Americans hear me out, G-d as my witness, I have spoken only the truth as best I can.
 
It's the self-hating, masochistic right that is the real problem. The delusional, hubristic, big-money capitalists think they're going to through the heavy hand of a plutocratic government, top-down, legal regime of executive orders, impose their detrimental elite-class interests upon the American people, without destroying everything they value and cling to. Their wealth and power will crumble to the ground, like every past aristocracy that has dared to do the same. When life turns into hell for a significant % of the general public, that's the end of their abusive power.
Did you steal that saliva-slinging tirade from the Joy Reid Clown Show?
 
On June 3, 2023, the debt ceiling was suspended when U.S. president Joe Biden signed the Fiscal Responsibility Act of 2023 into law. This ended the debt-ceiling crisis that began on January 19, 2023; the debt ceiling suspension remained in effect until December 31, 2024.

United States debt ceiling - Wikipedia

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Wikipedia
https://en.wikipedia.org › wiki › United_States_debt_ce...
This is absurd, he signs that AFTER he spent TRILLIONS. The I.R.A alone is responsible for more inflation in the U.S and elsewhere than any other Act in modern history.
 
And creating 10 billion dollars in expenses daily in the form of social unrest, disease, and death. The long-term gross inequality, naturally created by poorly regulated market capitalism, when not addressed by good, sound regulations, that mitigate such stresses and "oxidative" elements in the system, inevitably leads to social unrest, even civil war. Cut cut cut enough until the necessary, mitigating policies that allow capitalism to function without plummeting the American public into catastrophic outcomes are no longer in place, to protect capitalism and capitalists from the pitchforks. How is that good for Trump and his ilk?

Even the capitalists are cutting their noses despite their faces. Without meeting the needs of the working class (94% of the population), capitalism and its capitalists are toast. You're going to create the perfect conditions for a socialist revolution. If you tighten, stress, torture the working class enough, taking your imposed austerities too far, eventually the pitchforks will come out. Without a doubt, it's like clockwork. 100% guaranteed to happen, when you tighten the belt of the working class beyond a certain point, not just around its waist but around its neck, you will get a negative reaction. That response usually takes the form of a socialist revolution.

Useless government employees are not part of the working class.
 
You do realize, don't you, that your reflexive opposition to anything and everything even remotely connected to TRUMP! has put you firmly in the position of defending things like pretzel untwisting and teaching clowns how to tie balloon animals?

You do realize that nothing you claim, is really happening, and that you're regurgitating the lies Republicans have fed your for the past 40 years.

I have yet to see Donald Trump do ANYTHING that genuinely helps the American people. EVERYTHING that he has done, is performative - like the Laken Riley Act. Or banning Trans athletes from women's sports.

7 women die in the USA every day, killed by their intimate partners. What's Trump doing for those women who are murdered EVERY DAY? Last year over 1200 pregnant women died trying to have a baby - because Republicans banned healthcare for pregnant women.

Nothing is being done to protect the thousands of American women who are dying at the hands of American men, and Republicans. But Laken Riley's one off rape and murder is a HUGE focus.
 
On June 3, 2023, the debt ceiling was suspended when U.S. president Joe Biden signed the Fiscal Responsibility Act of 2023 into law. This ended the debt-ceiling crisis that began on January 19, 2023; the debt ceiling suspension remained in effect until December 31, 2024.

United States debt ceiling - Wikipedia

View attachment 1072525
Wikipedia
https://en.wikipedia.org › wiki › United_States_debt_ce...

Biden getting rid of the debt ceiling isn't proof they stopped spending at Jan 19, 2023 levels, moron. It means there were no constraints on spending because he shitcanned the fictional "debt ceiling".

Major fail, Troll.
 
You do realize that nothing you claim, is really happening, and that you're regurgitating the lies Republicans have fed your for the past 40 years.

I have yet to see Donald Trump do ANYTHING that genuinely helps the American people. EVERYTHING that he has done, is performative - like the Laken Riley Act. Or banning Trans athletes from women's sports.

7 women die in the USA every day, killed by their intimate partners. What's Trump doing for those women who are murdered EVERY DAY? Last year over 1200 pregnant women died trying to have a baby - because Republicans banned healthcare for pregnant women.

Nothing is being done to protect the thousands of American women who are dying at the hands of American men, and Republicans. But Laken Riley's one off rape and murder is a HUGE focus.


Republicans banned healthcare for pregnant women? Gotta link Dragonlady

I'm calling you a lying sack of KKKanadain vermin shit. Prove me wrong.

GO!
 
It's the self-hating, masochistic right that is the real problem. The delusional, hubristic, big-money capitalists think they're going to through the heavy hand of a plutocratic government, top-down, legal regime of executive orders, impose their detrimental elite-class interests upon the American people, without destroying everything they value and cling to. Their wealth and power will crumble to the ground, like every past aristocracy that has dared to do the same. When life turns into hell for a significant % of the general public, that's the end of their abusive power.
Cry harder, powerless communist.
:boo_hoo14::206:
 
You do realize that nothing you claim, is really happening, and that you're regurgitating the lies Republicans have fed your for the past 40 years.

I have yet to see Donald Trump do ANYTHING that genuinely helps the American people. EVERYTHING that he has done, is performative - like the Laken Riley Act. Or banning Trans athletes from women's sports.

7 women die in the USA every day, killed by their intimate partners. What's Trump doing for those women who are murdered EVERY DAY? Last year over 1200 pregnant women died trying to have a baby - because Republicans banned healthcare for pregnant women.

Nothing is being done to protect the thousands of American women who are dying at the hands of American men, and Republicans. But Laken Riley's one off rape and murder is a HUGE focus.
We're talking about efficiency in government and cutting out unnecessary spending and all you can do is revert back to screeching Orange Man Bad. Do you actually support the government spending money on teaching clowns to tie balloon animals or measuring the depths of puddles?
 
15th post
You do realize that nothing you claim, is really happening, and that you're regurgitating the lies Republicans have fed your for the past 40 years.

I have yet to see Donald Trump do ANYTHING that genuinely helps the American people. EVERYTHING that he has done, is performative - like the Laken Riley Act. Or banning Trans athletes from women's sports.

7 women die in the USA every day, killed by their intimate partners. What's Trump doing for those women who are murdered EVERY DAY? Last year over 1200 pregnant women died trying to have a baby - because Republicans banned healthcare for pregnant women.

Nothing is being done to protect the thousands of American women who are dying at the hands of American men, and Republicans. But Laken Riley's one off rape and murder is a HUGE focus.
You are such a commie. I have never ever seen you push back against the leftwing narrative, not a single time, so stop talking about anyone regurgitating anything.
Where are the links for this stuff?

I notice how you mock Laken Riley's coverage, so rape and murder aren't issues? Or is it because it was an illegal immigrant that did it, makes it ok in your book?

If a white cop raped and murdered a black chick, you tards would be rioting and burning down the city.
 
Useless government employees are not part of the working class.

Useless government employees?????? Another fool parroting right wing talking points.

Civil servants are most definitely part of the working class. They make, on average, less than $30 per hour. That works out to about $50,000 per year.



And when the government is shut down and the civil servants are laid off, the US economy suffers greatly:

"A government-wide shutdown would directly reduce growth by around 0.15 percentage point for each week it lasted, or about 0.2 percentage point per week once private sector effects were included, and growth would rise by the same cumulative amount in the quarter following reopening, Phillips writes."


And that's with 65% of the civil service and defense workers still on the job.

Be careful what you wish for stupid!!
 
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