60% of America agrees with Republicans that spending cuts must come with raising the debt ceiling.

[Nostra]

The interest payments to our creditors is part of our debt.

No shit? We can cover that and much more.

Grow a brain and use it.

 

[WinterBorn]

That would mean we'd probably have to give every politician the chair. So why don't we just back the candidates who propose cutting spending? That's a no brainer.

I'm happy to do that. But so far, cutting spending is just a campaign promise.

 

[wamose]

I'm happy to do that. But so far, cutting spending is just a campaign promise.

No, it's actually a budget passed by Republicans. Democrats hate it.

 

[initforme]

Social security and Medicare cuts are off the table....as it has to be. Cut stuff that helps business.

 

[Zincwarrior]

I am confused. The previous Congresses created these obligations. Biden is just trying to pay for it. But he is the bad guy???

 

[WinterBorn]

No, it's actually a budget passed by Republicans. Democrats hate it.

You might want to look at the records. Republicans have added to the debt too. And passed bloated budgets. And required the debt ceiling be raised.

 

[WinterBorn]

Social security and Medicare cuts are off the table....as it has to be. Cut stuff that helps business.

How about cutting 20% of the Defense budget?

 

[XponentialChaos]

Republicans only pretend to care about spending when Democrats control the presidency.

 

[Jessica-stormlover]

Here is what I'd give the GOP if I was president
1. I'd reduce Military spending back to 2018 levels.
2. I'd end funding for the Ukraine war. It is time for Europe to carry the fucking weight! America has spent enough.
3. I'd end all foreign aid
4. I'd close at least 2 bases oversea's.
5. Back to 2018 on funding for ice/border protections
6. 10% reduction on federal funding for police.
7. 10% across the board pay cut to all members of congress!
8. 10% reduction in funding for FDA. Hell, I'd just legalize all drugs and hand everything to the states. I'd agree with the small government members of congress on this.
9. End all enforcement against pot at the federal level. Wipe out the budget for it.
10. Kill off immigrant busing programs


We don't owe the world a damn thing. We need to make sure we take care of Americans and since cuts are so important then this is on the chopping block. I'd continue to fund ssi, ssd and programs that help our people and that is what we must do. I'd rather default right off then allow this crap to happen to our people.

 

[Jessica-stormlover]

How about cutting 20% of the Defense budget?

I'd like that! Lets stop funding the ukraine war and ask the rest of nato to take over.

 

[Jessica-stormlover]

I'm happy to do that. But so far, cutting spending is just a campaign promise.

They only want to cut spending on poor and disabled American's! That is sick and evil.

 

[Clipper]

Once again Democrats are on the wrong side of America.

https://www.cnn.com/2023/05/23/politics/cnn-poll-debt-ceiling-increase-spending-cuts/index.html

What does McCarthy & his mob want to cut? Be specific, because he's not.

 

[multivita-man]

Once again Democrats are on the wrong side of America.

https://www.cnn.com/2023/05/23/politics/cnn-poll-debt-ceiling-increase-spending-cuts/index.html

They won't if the stock market tanks

 

[WinterBorn]

They won't if the stock market tanks

The market is already tanking, and in the worst way.

If it drops huge amounts in one day, they will take action to stop the catastrophe.
If it is a slow slide downward, no single event is the issue to fix.

 

[WinterBorn]

Here is what I'd give the GOP if I was president
1. I'd reduce Military spending back to 2018 levels.
2. I'd end funding for the Ukraine war. It is time for Europe to carry the fucking weight! America has spent enough.
3. I'd end all foreign aid
4. I'd close at least 2 bases oversea's.
5. Back to 2018 on funding for ice/border protections
6. 10% reduction on federal funding for police.
7. 10% across the board pay cut to all members of congress!
8. 10% reduction in funding for FDA. Hell, I'd just legalize all drugs and hand everything to the states. I'd agree with the small government members of congress on this.
9. End all enforcement against pot at the federal level. Wipe out the budget for it.
10. Kill off immigrant busing programs


We don't owe the world a damn thing. We need to make sure we take care of Americans and since cuts are so important then this is on the chopping block. I'd continue to fund ssi, ssd and programs that help our people and that is what we must do. I'd rather default right off then allow this crap to happen to our people.

1. I'd reduce Military spending back to 2018 levels.
I'd reduce the Dept of Defense budget by 1/3. If we close a couple of bases and quit playing "World Cop", there would be plenty of money for defense.
2. I'd end funding for the Ukraine war. It is time for Europe to carry the fucking weight! America has spent enough.
3. I'd end all foreign aid
There is some aid I would maintain. Millions of people depend on parts of it for their survival.
4. I'd close at least 2 bases oversea's.
5. Back to 2018 on funding for ice/border protections
6. 10% reduction on federal funding for police.
7. 10% across the board pay cut to all members of congress!
10% pay cut and require them to report every single dime they earn or are given, on penalty of prison.
8. 10% reduction in funding for FDA. Hell, I'd just legalize all drugs and hand everything to the states. I'd agree with the small government members of congress on this.
I wouldn't end the FDA. I would make certain drugs legal, and tax the shit out of them.
9. End all enforcement against pot at the federal level. Wipe out the budget for it.
I totally agree with this.
10. Kill off immigrant busing programs
That whole thing is such a petty joke.

 

[multivita-man]

The market is already tanking, and in the worst way.

No it's not.

If it drops huge amounts in one day, they will take action to stop the catastrophe.
If it is a slow slide downward, no single event is the issue to fix.

Failing to resolve this by the x-date would probably push us into a recession. We'd still try to make sure that the debt gets serviced, but the treasury would have to wait until there's $ in its general account. Very unpredictable situation. Once bonds and equities wake up to this brave new world, it would be bad.

 

[WinterBorn]

No it's not.



Failing to resolve this by the x-date would probably push us into a recession. We'd still try to make sure that the debt gets serviced, but the treasury would have to wait until there's $ in its general account. Very unpredictable situation. Once bonds and equities wake up to this brave new world, it would be bad.

Every time they have to raise the debt ceiling there is a big show. But they raise it. They have raised it every time, regardless of who is in office.

 

[multivita-man]

Every time they have to raise the debt ceiling there is a big show. But they raise it. They have raised it every time, regardless of who is in office.

I'm not sure it happens this time. They'll raise it, but I'm not sure they do it before the damage is done. Although I blame Republitards more, Demotards are not completely blameless either.

For once, the GQP probably does have a point: if you run out of cash in the middle of the fucken year...that might be a spending problem. And I hate the fucken GQP, but facts is facts.

But they should still raise the debt ceiling now, with the proviso that the spending problem gets resolved later in the year when the budget comes up. GQP should also agree to reverse the Trump tax cuts. They won't. Dems know that, and that's why they won't budge either.

Elections have consequences, folks.

 

[Nostra]

I am confused. The previous Congresses created these obligations. Biden is just trying to pay for it. But he is the bad guy???

You stay confused.

 

[Jessica-stormlover]

But yet the same goddamn poll say that these people want
More funding for education
More funding for SSI
More funding for the poor
More funding for infrastructure
etc

Lets not cut things that help Americans...Lets instead cut shit like the military and aid programs for other countries.