I am in favor of no deal. You dont give in to terrorists.
WHOSE fault is the current debt ceiling standoff?
- Thread starter Razorhawk2
- Start date
I am in favor of no deal. You dont give in to terrorists.
What the republicans are going is just classic extortion. Never negotiate with extortionists.
I'm not being hypocritical...just dealing with the reality of the situation.
Joe is going to have to cut a deal with McCarthy to avoid default. That's reality.
D's can use the R's intransigence as a talking point in 2024....but a deal needs to be cut in the next week.
It is what it is...
If we default "blame" will be the least of our concerns...by polling Joe will get his share of the blame and I don't think he'd much like his reelection chances in a tanked economy. He's the President..Captain of the ship...if we hit an economic iceberg....
A deal needs to get done...
If I get a raise I don’t go buy a new house when I have thousands of dollars in credit card debt
If your raise doesn't keep up with inflation, your pay got cut. You don't have to do anything. And if you voluntarily CUT your pay while doing not one damn thing about your spending, you're an idiot Republican.
See? Hypocrisy. You still haven't once blamed R "intransigence". Here's the deal...raise or suspend the debt ceiling as has been done dozens of times in the past. Period. Why is that NOT your deal?
I'm sure this is really Biden's fault. Right, bins?
I think they should have raised the debt ceiling with no strings attached but they didn't.
Have to deal with reality...and the reality is Joe needs to cut a deal to avoid default. I spelled out how I think that can be done. Feel free to disagree.
That's it....
Didn't say it was "Biden's fault"....I said he'd get some of the blame as President...and he will.
And once again..why don't the Republicans have to "cut a deal to avoid default"? You keep saying the same thing over and over as if there is only one path. You "wish" the GOP did the right thing but since they didn't...it's Biden's fault if there's no deal? You are spouting the GOP "my way or the highway" line and claiming that's "reality. Here's your original take:
Not ONE word about who's actually creating the crisis. The one thing I'll give you credit for, your hypocrisy on this issue has been stalwart.
I'm going to ask you straight out...if we default...who caused it?
Bipartisan.
R's for adding strings and Joe for taking the no negotiation stance until way late.
You would think but Trump has spoken. He thinks the country should default if the Republicans don’t get everything they want.
Joe Biden and Kevin McCarthy nearing agreement on debt ceiling bill, reports suggest – live
Agreement would allow president to avoid another standoff until after 2024 election
The debt ceiling was suspended three times under Trump - TWICE when the Dems controlled the House. And it was bipartisan every single time. There is no negotiating with the strings attached. The GOP knew that when they added them. To claim otherwise...well...would require hypocrisy.
What you post is true...should have been no strings attached. Bet there were and that's the reality Joe has to deal with....
Looks like he's making a deal...as he should.
Making a deal and raising the debt limit is preferable to default...to put it mildly.
Then the debt ceiling will be a political football forevermore and the GOP better not whine when the shoe is on the other foot. Next time it will be taxes and that is NOT reserved for the budget process. Agreed?
we are taking in record amounts of revenue
U.S. Federal Government Tax Revenue
The federal government generates tax revenue through a variety of sources, including income and corporate taxes. Learn how much tax revenue the U.S. generates.www.thebalancemoney.com
JFC. I made more money this year than I did last year. We are in a huge deficit caused by years of insufficient revenue and decades overspending.
And not all of the spending is waste on government giveaway programs as conservatives portray. For example. the Afghan fiasco was a deep well sucking trillions from our coffers for 20 years for absolutely no purpose.
29 hours later and abby has nothing. Based on his history, it's possible he posted another lie.
Lmao the vast majority of Rs either worship or are scared shitless of Trump.
It levies a 7% tax on the sale or exchange of long-term capital assets such as stocks, bonds, business interests, or other investments and tangible assets. It only applies to gains in excess of $250,000.
The tax does not apply to the sale or exchange of real estate or to transactions through retirement savings accounts.
Under the law, the first $500 million of revenue collected goes into the education legacy trust account, a source of dollars for public schools, early childhood education and child care programs. Anything above that amount is deposited in the common school construction account which is part of the capital budget.
It is exactly what is needed on a federal level. Low-income and middle class taxpayers are paying a lion's share of federal revenue, compared to what the top 0.2% (even top 1%) pay. Warren Buffet was spot-on when he said he paid lower tax rates than his secretary.
