Cuda2020

The same shenanigans as when Obama first came into office, are we going to hear Green egg and Ham once again. This is great considering 98% of the debt is from Trump's administration.

I've been saying this through Trump's entire term as he bragged about is great economy why did he continue to barrow and NOT pay down our debt in those four years? Any answers?

In fact, Trump promised that the country's national debt would be paid off in "eight years" if he was elected to the White House. On President Trump's first day in office (January 2017), the total debt load of the nation was $19.947 trillion. Now the United States currently has $27.68 trillion in total debt.

Just before the C****-** p******c started in the United States, the national debt load of the country was $23.442 trillion. So, despite the relatively strong economy, the country had still added $3.5 trillion in debt.

The Republican Party has often presented themselves as the party of fiscal restraint, and Trump, if elected President, promised to get things under control, instead he was wildly spending way before the p******c, and on what...an unwanted wall? No not that either.

Yet, here we are again with the republican's playing their games, btw the last time they did this, they decreased and discredited our world credit rating. Any one remember?

lpnmajor Loc: Arkansas

Both sides play this stupid game. All the world knows that the GOP are deficit hawks............................when someone else is in charge.

Milosia2 Loc: Cleveland Ohio

The Republican Party of fiscal restraint only adheres to this restraint when democrats are in charge.
They spend like fools snd then blame the Dems .
Jude Waniskey
Two Santa Claus Theory.

microphor Loc: Home is TN

C****-** P******c Sends National Debt to Highest Level Since World War II, Posted Dec 2020, look it up. That's not to say that Trumps policies did not contribute to national debt, they did. However, does this mean that it's ok to keep contributing, after all, we just added another 12,000 mouths to feed to the over 1.5 million since Jan. I'm at "stop the spending" no matter who's in power!

Peewee Loc: San Antonio, TX

That's because it's how you destroy the NWO and the Central Banks and remove us from being debt s***es. There is always a method to what Trump does and it's what's best for America and the world.

Do you enjoy pretty paper backed by nothing and having to pay interest on it? I don't. Plus, Trump has already recovered all of our stolen gold. Not my fault you never believe in anything he does, you're not awake, you're woke.

Cuda2020

It is complete BS. They need to put something in place on the approval of the debt ceiling when the previous administration is accepting the budget proposal for the year the new president is walking into.

Cuda2020

Yes it may have sent it over but not the cause, the real cause was giving a tax break to the wealthiest sector when the opposite should have happened in order to pay for an unpaid war that lasted days shy of two decades, not to mention the recession and bailouts that has fueled our debt.

There are substantial reason to barrow, but it should be our last resort. Corporations made record earnings on the back of our barrowing. Not right. Trump had the opportunity to pay down the debt, instead he again gave the wealthy another tax break adding on to Bush's. I don't believe any company should get away with paying zero. Let them pay and the funds be distributed as it should be.

Cuda2020

Yes, and by now, we should expect it and address this before it happens time after time. They Bawk the entire time a democrat is in the oval office, but where were we during the last four years of Trump? Too damn quiet! Republicans are aggressive loud mouth meat eaters, the Dem's are passive quiet herbivores.

Cuda2020

Woke means aware. (alert to injustice in society, especially r****m:) And you are very misinformed.

I thought you righty's were all against the NWO?

...and Central banks?

Trump has already recovered all of our stolen gold... completely fictitious, unless of course you can verify this with some sort of proof and not just hearsay, doubtful but I'll wait.

...and You want us to be debt s***es?

woodguru

Actually when the debt ceiling v**e came up multiple times during trump's watch it got dem v**es.

Kickaha Loc: Nebraska

They don't need to raise the debt ceiling, they need to quit spending so much money. They democrat proposal doesn't raise the ceiling, it eliminates it, albeit temporarily. When the suspension of the debt ceiling is over, we will end up with a new debt ceiling vastly higher.

America 1 Loc: South Miami

The U.S. Debt-Ceiling Drama Is Back, But Democrats Can Finally Break the Cycle
Joe Biden has had to confront plenty of new problems since becoming president, from a C****-** p******c that won’t go away to a botched Afghanistan withdrawal. Now he’s about to face an old one: the federal government is running out of money, and Republicans insist they’ll allow a debt default unless Biden abandons the $3.5 trillion spending bill that’s the centerpiece of his domestic agenda.
Democrats purposely left out of last month’s budget resolution anything addressing the debt limit, guaranteeing a showdown with Republicans. They’re betting McConnell and Republicans will succumb to public pressure to suspend the debt limit and avoid a government shutdown at the end of the month and possible default. So far, however, there’s little pressure. If it doesn’t materialize, Democrats will find themselves saddled with a debt crisis once again—and at a particularly risky time for an economy still struggling to emerge from the C***d recession.

Undaunted, Democrats plan to force a Senate v**e and dare Republicans to filibuster, risking a government shutdown and havoc in the economy. They will then face a tough choice: plunge into a shutdown and pray that Republicans relent or pass a reconciliation bill with Democratic v**es alone that would force them to do what politicians dread and put a number on the debt.

Governing sometimes boils down to having to choose among lousy options.
https://www.bloomberg.com/news/articles/2021-09-23/debt-ceiling-deadline-why-biden-democrats-are-worried-about-defaulting

Cuda2020

Very True

Cuda2020

They need to PAY for what was approved. Personally any budget that has been approved should not have to go through this secondary process, it should be automatic from that congressional budget approval, this is all BS. There are plenty of presidents who lowered it.


While Woodrow Wilson(Dem) 1913–1921 increased the debt by 722.21%, Warren Harding, (directly following him)1921–1923 decreased it to -6.79%. He didn't pay the debt down, however, he did not increase it. There are other presidents who did this too, or the increase was very small while decreasing the debt. Clinton and Kennedy, both Democratic presidents did that.

As discouraging as it is Calvin Coolidge 1923–1929 was the last president to below budget. With a beginning debt of $22,349,707,365.36 an ending debt of $16,931,088,484.10 a decrease of -24.24%, physically a minus of -$5,418,618,881.26 dollars.

It can be done.

microphor Loc: Home is TN

First lousy option: Joe Biden