What IS a Debt Ceiling??? What should be done about it?

proud republican Loc: RED CALIFORNIA

What should be done about it?

Liberty Tree

proud republican wrote:

What should be done about it?

Have a budget that will not allow it to be exceeded. However, everytime it is approached Congress just moves it higher so it is meaningless.

proud republican Loc: RED CALIFORNIA

Liberty Tree wrote:

Have a budget that will not allow it to be exceeded. However, everytime it is approached Congress just moves it higher so it is meaningless.

So what do you think should be done so it would have some meaning?

Milosia2 Loc: Cleveland Ohio

proud republican wrote:

What should be done about it?

It’s some crap the republicans made up to make them look like they were fiscally responsible.
They are not and never were .
It isn’t actually a ceiling. It’s the actual amount of money we owe for money already spent. Calling it a ceiling gives a lofty appearance.
If we don’t raise it we can’t spend more money .
This is only ok when republicans are in office. Trump raised it 3 times.
No blinks.

proud republican Loc: RED CALIFORNIA

Milosia2 wrote:

It’s some crap the republicans made up to make them look like they were fiscally responsible.
They are not and never were .
It isn’t actually a ceiling. It’s the actual amount of money we owe for money already spent. Calling it a ceiling gives a lofty appearance.
If we don’t raise it we can’t spend more money .
This is only ok when republicans are in office. Trump raised it 3 times.
No blinks.

Liberty Tree

proud republican wrote:

So what do you think should be done so it would have some meaning?

A balanced budget, but Congress will never do it.

Liberty Tree

Milosia2 wrote:

It’s some crap the republicans made up to make them look like they were fiscally responsible.
They are not and never were .
It isn’t actually a ceiling. It’s the actual amount of money we owe for money already spent. Calling it a ceiling gives a lofty appearance.
If we don’t raise it we can’t spend more money .
This is only ok when republicans are in office. Trump raised it 3 times.
No blinks.

The President cannot raise it, only Congress can and both Democrats and Republicans have done it.

proud republican Loc: RED CALIFORNIA

Liberty Tree wrote:

The President cannot raise it, only Congress can and both Democrats and Republicans have done it.

She/he can't help it.. It's terminal TDS!

JFlorio Loc: Seminole Florida

proud republican wrote:

So what do you think should be done so it would have some meaning?

I believe Republicans (they won't) should stand their ground. if they do you get a partial government shutdown, which I am fine with. Of course the Democrats start whining with their sycophants in the press that the Republicans are shutting down the government. That's the government that is close to defaulting on its debt, but they don't mention that. All essential agencies, such as Medicare and Social Security remain open and funded. The reason the stupid republicans will raise the ceiling is because they want to fund the war in Ukraine.

proud republican Loc: RED CALIFORNIA

JFlorio wrote:

I believe Republicans (they won't) should stand th... (show quote)

That would be a very bad idea to raise Ceiling in order to fund the war..

proud republican Loc: RED CALIFORNIA

proud republican wrote:

That would be a very bad idea to raise Ceiling in order to fund the war..

So they should raise the ceiling or not??

Liberty Tree

proud republican wrote:

So they should raise the ceiling or not??

No

Liberty Tree

JFlorio wrote:

I believe Republicans (they won't) should stand th... (show quote)

The trouble with keep kicking the can down the road is that you eventually run out of road.

proud republican Loc: RED CALIFORNIA

Liberty Tree wrote:

No

Ok,thanks... Let's hope Republicans have guts to say NO!..

JFlorio Loc: Seminole Florida

Liberty Tree wrote:

The trouble with keep kicking the can down the road is that you eventually run out of road.

They're already on a dirt road about to dead end.