Is it "Congress's" Constitutional Duty To Raise The Debt Ceiling?

[Independent thinker]

Well, I mean "yes", they spent the money so they have the responsibility to pay the bills they ran up. Since the GOP will never agree to a tax increase, the only option is to borrow money.

LOL. No wonder we are at a stalemate. You refuse to even consider cutting spending, which is why we are at where we are at, your absolute refusal to cut spending.

 

[Lesh]

Yes, it is insignificant because the debt from WWII was not 32 trillion dollars. 32 trillion dollars is significant and it is causing hyper inflation.

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Adjusted for inflation it was NOT 32 trillion

It was FORTY TWO trillion

 

[Independent thinker]

They bent over for Trump nice and easy.

This is a partisan political move, period.

Does that mean you are against cutting spending?

 

[Lesh]

LOL. No wonder we are at a stalemate. You refuse to even consider cutting spending, which is why we are at where we are at, your absolute refusal to cut spending.

You want to cut spending?

A. You should have done it in the past under Trump when you had Congress. You didn't. You're not serious OR honest

B . If cutting spending has merit...do it the way it's supposed to be done. In the budget process....not with a gun to the head of our economy. If it has merit...it should be easy

 

[Mac1958]

Does that mean you are against cutting spending?

No, it means I'm against blatant partisan showmanship from either end.

Does your question mean you support the damage this can cause?

 

[easyt65]

No problem when Trump was spending like a drunken sailor...

Biden has cut Government borrowing each year in office...

This is utter bullshit... You are total hypocrite, no problem if the Orange lad ass does it but is going mental now...

Democratic President reduce the deficit and GOP President increase for the last 40 years..

It costs more to build / build something back up than destroy it.

 

[forkup]

The GOP is willing to raise the debt

Biden is unwilling to reduce spending

Who says? You talk about spending when you discuss a budget. Not when you need to pay the debt you have already taken on. That was why I asked my question that you refused to answer.

The Democrats voted FOR raising the debt ceiling THREE times under Trump. This despite him increasing the debt more than any other president before him.

Just for shits and giggles let's see what the previous president and presumptive nominee for the GOP said about the debt ceiling.

 

[Independent thinker]

Slowed it down better than ANY teabagger.
EVERY self proclaimed "conservative" republican president has added more to the debt than any democrat.

You refuse to slow it down now. You won't even talk about it.

 

[Independent thinker]

Why didn't the last several admins cut spending? Why cut it now? Political theatre. Plain and simple. Although there are zero cuts to SS and Medicare. That is smart.

So, for the record, you are for runaway spending.

 

[forkup]

There is no damn reason why this country has to go in debt. The goddamn US Federal government spends more money than the GDP of all but two other countries on earth.

The only fiscally responsible thing to do is spend less money and to tax less.

Oh. It is fiscally responsible to both spend less and take in less revenue?

So in a household the only way to avoid debt is by spending less and not for instance getting a better job so you can earn more?

 

[Independent thinker]

THAT should happen during the budget negotiating process, not when you are about paying the bill.
Are you not going to pay a credit card bill until you come up with a budget?
"I'm not going to pay my credit card bill this month, until I come up with a budget for next month".
Guess what the credit card company would reply to that?

But Biden has already sent his budget proposal in for 2024 with zero cuts. So, he will not negotiate to cut spending.

 

[Mac-7]

Who says? You talk about spending when you discuss a budget. Not when you need to pay the debt you have already taken on. That was why I asked my question that you refused to answer.

The Democrats voted FOR raising the debt ceiling THREE times under Trump. This despite him increasing the debt more than any other president before him.

Just for shits and giggles let's see what the previous president and presumptive nominee for the GOP said about the debt ceiling.

Can you agree that only congress can raise the debt?

That means its not a rubber stamp

 

[Independent thinker]

It is their duty to pay for what they have already spent.

If you ran up huge credit card debt it would be your duty to pay what was due.

Republicans don't disagree with that, which is why they are demanding spending cuts.

 

[Independent thinker]

When was the last time the right cut spending?

Don't you think it is high time that we do cut spending?

 

[Harpy Eagle]

Republicans don't disagree with that, which is why they are demanding spending cuts.

Now if they had only done that with there was Repub sitting in the White House...but alas

 

[Independent thinker]

Ya gotta love Republicans

"I know we fucked up over and over in the past but THIS TIME...we're gonna get it right because THIS TIME we actually care about the debt unlike all those other times that we just claimed we did"

And yet your side refused to even talk about cutting spending and has, in fact, submitted a budget for 2024 with zero spending cuts.

 

[Harpy Eagle]

Don't you think it is high time that we do cut spending?

It has been high time to cut spending since the 80s.

 

[percysunshine]

14th Amendment

Section 4​

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

SHALL NOT BE QUESTIONED

That's in the Constitution

Which means Yellen has to pay the debt before things like Obamacare, or the military. She also cannot issue new debt. Only Congress can do that.

 

[Independent thinker]

WTF?
You're a moron.
They do THAT during the budget process, idiot.
This is about paying a bill.

The debt limit is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and other payments.

The debt limit does not authorize new spending commitments. It simply allows the government to finance existing legal obligations that Congresses and presidents of both parties have made in the past.

Yeah, with NO tax cuts, teabaggers wouldn't have anything to run on.

Biden has already submitted a 2024 budget with zero cuts in spending.

 

[Independent thinker]

The "funny" thing is that the party trying to "leverage them into it" could have done it on their own when they had the chance...but didn't. This happened under Obama and under Bush.

They only care about the debt when the Dems can be blamed for the resulting bad economy

Do you want spending cuts or not?