Cap the Debt Ceiling

We should stop subsidizing things that we want to discourage, such as pollution, it shouldn’t be free to pollute.

This would disincentivize pollution, generate revenue, and alleviate expenditures associated with pollution, such as asthma care and Superfund spending. A sort of three-birds-with-one-stone situation.

Massive federal taxes on tobacco and alcohol would also help.

These things should be considered before social security “entitlement” cuts that were directly contributed to, some times in excess, over the course of a person’s working life.

The post clearly said he was referring to discretionary spending.

If you want to cut social security, Medicare, and medicaid, then campaign on those issue when you run for office. Don't try to blackmail someone else to make those cuts for you. Republicans never will, though, because they are too weak to be honest with voters.

Image:upload.wikimedia.org/wikipedia/commons...

$19.573 trillion in 2016 and $20.245 trillion when Trump came in in 2017. $27.248 trillion in Trump's final year in 2020.

You know, I'm thrilled that your company participated in a government program in which it received money, distributed it to workers, and the result was more jobs and stability in the workforce, economy, and society. It seems like the government spent money on you and the country (presumably) benefited from downstream effects.

Just don't pretend this is any different from welfare.

The difference is that the government didn't purposefully put people on welfare out of work. If you talk to most business owners, you will find that their profits were down in 2020 in spite of the PPP loans. Had the government not shut businesses down, PPP would not have even been necessary.

Let's talk facts about the debt ceiling, what it means to raise (and not raise it) and the national debt.

First, raising the debt ceiling is NOT about future spending its about paying for past spending and obligations. Not to raise the debt ceiling is to say we won't pay what we already owe. That will precipitate a lack of confidence in our financial system and will create a huge depression. Government revenue of course would go down and the national debt would increase greatly.

Secondly, the threat of the freedom caucus potentially causing the US not to meet financial obligations creates a lack of confidence and can result in an economic down turn.

Thirdly, The m'aga loving Freedom Caucus is playing the American people by pretending to be concerned about the debt. Question, which president in his four years resulted in a 25% increase in the national debt. He raised our national debt that had taken 230 years to get to the level it was, BY 25% MORE IN JUST FOUR YEARS! Yes it was Donald Trump and these m'aga Republicans were not concerned then.

Fouthly, the American public knows that the Freedom Caucus is a group of tear down the system republicans that don't worry about consequences to others. They will be held accountable, not Biden. They never learned from the recent m'aga election defeats.

newsweek.com

Fact Check: Under Donald Trump, did U.S. accrue 25% of national debt?

The federal debt rose trillions during the Republican's time four years in office, albeit amid major borrowings as a result of the pandemic.

Link:www.newsweek.com/trump-national-us-deb...

Can we continue to increase the debt forever?

No more welfare neighborhoods living off taxpayers

The Freedom Caucus is so based. I want DeSantis 2024 - MАGA policies but electable, and a bad economy thanks to Brandon would help

We have for 230 years. But its not good to have too a high national debt.

I'm not a single mother with 10 different kids. My business was created through hard work rather than living off the government

We might get the bad economy thanks to the Freedom Caucus. They are not responsible adults.

I agree. There is way too much welfare money going to rural America. These people need to learn how to support themselves without the handout from urban America.

The idea that debt you owe to other members of your household is not real debt isn't real debt worked well for Enron.

The idea that debt in a currency you control the supply isn't real debt worked well for FTX.

You create a budget to deal with the spending. The debt ceiling isn’t for that.

The difference is Democrats don't claim to be fiscally responsible. Although, historically, Democrats have improved budget deficits and then Republicans blow the deficit out of the water. Then Democrats come back and fix it and the cycle repeats.

Anyways, my thought is the same. Republicans gladly increased the debt limit under Trump and now they want to pretend to care about spending. It's all a joke.

No one said it isn't real debt. I just pointed out that comparing it to household debt is simple-minded and not suitable for educated debate.

That class is just CRT. It won't be honest

It won't cover Africans selling other captured Africans, it won't cover anything true