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Republican Stupidity On Debt Ceiling
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May 30, 2023 20:39:03   #
dtucker300 Loc: Vista, CA
 
DASHY wrote:
The biggest contributor to the national debt is the massive spending on the military-industrial complex. This spending spree generates death and destruction abroad, funds politicians and think tanks, and turns the public coffers (Other People's Money) into a slush fund for war profiteering. Pentagon spending props up an entire industry chock full of tens of thousands of private companies that provide goods and services to the military as contractors. Contractors spend hundreds of millions of dollars on political contributions, lobbying expenses, and donations to prominent think tanks to keep OPM rolling into their coffers. https://jacobin.com/2022/10/pentagon-budget-military-contractors-lobbyists-biden/#:~:text=On%20average%2C%20annual%20military%20budgets%20in%20the%20Trump-Biden,goods%20and%20services%20to%20the%20military%20as%20contractors.
The biggest contributor to the national debt is th... (show quote)


It is really the only primary federal government expenditure in the Constitution, besides court administration and a few other things. And the M.I. complex is less than one billion Mr. Dumass.

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May 30, 2023 22:04:41   #
dtucker300 Loc: Vista, CA
 
Milosia2 wrote:
What ?
Forcing people to pay what they owe ????
Oh Forsooth !!!
Instead of k*****g Social programs that were fought and paid for ????
To pay bills run up by republicans ?????


Forcing people to pay for others! Redistribution of wealth is not a legitimate function of the government.

Reply
May 30, 2023 22:07:14   #
dtucker300 Loc: Vista, CA
 
DASHY wrote:
The biggest contributor to the national debt is the massive spending on the military-industrial complex. This spending spree generates death and destruction abroad, funds politicians and think tanks, and turns the public coffers (Other People's Money) into a slush fund for war profiteering. Pentagon spending props up an entire industry chock full of tens of thousands of private companies that provide goods and services to the military as contractors. Contractors spend hundreds of millions of dollars on political contributions, lobbying expenses, and donations to prominent think tanks to keep OPM rolling into their coffers. https://jacobin.com/2022/10/pentagon-budget-military-contractors-lobbyists-biden/#:~:text=On%20average%2C%20annual%20military%20budgets%20in%20the%20Trump-Biden,goods%20and%20services%20to%20the%20military%20as%20contractors.
The biggest contributor to the national debt is th... (show quote)


Interest payments to service the debt. This is unsustainable. Default and get it over with. It's coming sooner or later, one way or another.

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May 30, 2023 22:28:30   #
dtucker300 Loc: Vista, CA
 
David Cowan wrote:
What they should cut is their salaries by about 60%.


Washington is incapable of fixing Washington.

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May 30, 2023 22:29:40   #
DASHY
 
dtucker300 wrote:
Forcing people to pay for others! Redistribution of wealth is not a legitimate function of the government.


Deciding how to spend (OPM) tax dollars to benefit all Americans is one of the main functions of government.

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May 30, 2023 23:39:35   #
Radiance3
 
DASHY wrote:
Deciding how to spend (OPM) tax dollars to benefit all Americans is one of the main functions of government.


==================
Feeding handouts is not the main function of the Federal government. People must work!

Tax dollars we pay to the Federal government is not for individual maintenance. It is for supporting the operations of our government systems to function effectively. The are various Federal Agencies that are funded to maintain its operations to provide services to the government and the people.

We must be aware that SS and Medicare are both 50% funded by both the employer and employee. The 50% is deducted from employees' payroll system every payday. However, SS and Medicare systems have drastically been bankrupted due to the economic policies of Joe Biden. Feeding to much to handouts who don't produce. They get so fat as well.

Every time money is spent there is a Congress appropriation and serious analysis must be done before funding is approved. The Democrat Congress had been funding Biden trillions of dollars for non-essentials buying democrat v**es, therefore funding for Social Programs had been the highest funding in Biden's agenda.

Now that Congress is under GOP, a more sensible analysis is taking place to reduce funding that Biden had abused. Biden since 2021 to present, had spent almost $12 trillion.

The invites of world i*****l a***ns and its maintenance cost taxpayers about $10 billions of dollars annually. In addition, the massive Border Patrol budget has increased. How much does the US spend on border security 2021?

The 2021 Budget requests $49.7 billion for the Department of Homeland Security, excluding $2.4 billion for the U.S. Secret Service, which the Budget proposes to t***sfer to the Department of the Treasury. That's total of $52.1 billion.


Our National Debts interest payable to lenders accrues annually. When the interest rate is raised by Powell, our interest accrued liabilities also increase. When the National Debts increases our interest liability to the lenders also increases. That is why raising interest rates does not help economically neither reduce inflation.There are so many negative effects when raising interest rates. And Powell is dumb to realize that. He focuses on reducing inflation by raising interest rates. There are so many ways how inflation goes up, and so many ways to reduce it.

I don't agree with Powell's economic policies. I think President Trump and I agree on the same solutions to curb inflation as well as lowering interest rates. Trump is an economist. Notice that interest on debts at the schedule is very high.

He'll receive more feedback once he wins the e******n in 2024. Our National Debts at present is almost $31.87 trillion and is fast moving up.
There are endless issues to discuss about improving our policies that will enhance economic growth.

These are only for the 2022 figures
These are only for the 2022 figures...

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May 31, 2023 01:08:57   #
dtucker300 Loc: Vista, CA
 
DASHY wrote:
Deciding how to spend (OPM) tax dollars to benefit all Americans is one of the main functions of government.


So says you. And how does that benefit ALL Americans when you redistribute money from those who earned it to those who didn't earn it? The Main function of government is to protect your God-given rights of Life, Liberty, Property, and The Pursuit of Happiness, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity.

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May 31, 2023 09:52:45   #
DASHY
 
dtucker300 wrote:
So says you. And how does that benefit ALL Americans when you redistribute money from those who earned it to those who didn't earn it? The Main function of government is to protect your God-given rights of Life, Liberty, Property, and The Pursuit of Happiness, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity.


All those so-called God-given rights apply to poor people as well as rich people.

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May 31, 2023 11:18:58   #
Radiance3
 
DASHY wrote:
All those so-called God-given rights apply to poor people as well as rich people.

==============
May I intervene in this very wrong concept of dependency by DASHY: We are all God's creation. God gave us guidelines how to behave to taking responsibilities for ourselves, and to others who are WEAK. The Holy Bible is our guideline. "God said, if you do this to the least of my brothers, you do it for me. That is taking care of the weak. Matthew 25:40.

Now, for those who are strong: God also said, "Those who don't work, don't eat." 2 Corinthian 3:10.

As citizens of the United States, we have also guidelines how to behave and take responsibilities to ourselves, to our country, and to those who are weak and helpless. The Constitution, Our Bill of Rights, and the Declaration of Independence are our guidelines.

One of these: That we are endowed by our Creator, with certain unalienable rights: Among these are Life, Liberty, and the pursuit of Happiness. What is pursuit of Happiness? To achieve certain responsibilities to dream of, or a vision of something that will reward you of what you want. Happiness, comfort, contentment, and all potentials making use of your talent and strength. You do it for God, yourself and family, your country, and others who are weak.

Our government has agencies or department that take care of social programs. The Department of Social and Health Services. All taxpayers fund for these things. The Department of Public Education, and many others funded by the taxpayers are all in play.

Your primary responsibilities are to God, and country, to fellowmen who are weak, and obey the rules and guidelines. NOT TO FEED OTHER PEOPLE, AND TAKE CARE OF THAT PERSON WHO ARE STRONG, but LAZY TO WORK. "He who does not work, must not eat!

The biggest blunder that this Democrat-Marxist administration of Joe Biden is getting rid of God from the public square. From kids in schools, and from the government systems. Our constitution was framed under the Judeo-Christian principles. The tenets are there, but now ignored. Our government system had ignored and failed to take those responsibilities.
Results, our country is rapidly going down. It needs urgent change.

What rules now are the tyrannic administration of Joe Biden similar to the guidelines and dreams of Barack Obama's "Hope and Change"

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May 31, 2023 13:41:45   #
son of witless
 
DASHY wrote:
Deciding how to spend (OPM) tax dollars to benefit all Americans is one of the main functions of government.


Whomever decides that has a lot of power. They can buy v**es and punish their enemies. That is why no Democrat should ever be trusted with that power, ever.

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May 31, 2023 14:03:33   #
dtucker300 Loc: Vista, CA
 
DASHY wrote:
All those so-called God-given rights apply to poor people as well as rich people.


Yes, they do! So, what's your point?

Reply
 
 
May 31, 2023 16:45:30   #
dtucker300 Loc: Vista, CA
 
DASHY wrote:
All those so-called God-given rights apply to poor people as well as rich people.


https://newsbusters.org/blogs/nb/rich-noyes/2023/05/30/study-tv-news-blamed-gop-not-big-spending-dems-debt-ceiling-drama

STUDY: TV News Blamed GOP, Not Big-Spending Dems, for Debt-Ceiling Drama
Rich Noyes
May 30th, 2023 1:00 PM
Text to Speech

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This weekend’s deal between President Biden and House Speaker Kevin McCarthy seems to have ended the 2023 fight over the debt ceiling. And as we saw the last time the debt ceiling became a huge story in 2011, liberal journalists put the onus for a potentially catastrophic default on Republicans for insisting on at least a modicum of fiscal responsibility.

While warning of the real dangers of default, the networks pretty much ignored the dangers of the rising national debt, and painted Republican proposals to trim spending as extreme attempts to “gut” or “slash” liberal programs. The Media Research Center analyzed all 74 ABC, CBS and NBC evening news stories that discussed the debt ceiling from January 1 through May 27, the night that the deal was struck. Among the key findings:



■ Blaming Republicans: On Friday, NBC’s political team flatly declared in their “First Read” newsletter that “House Republicans have won the messaging war in the debt-ceiling debate,” pointing to a Fox News poll that showed slightly more v**ers blamed President Biden for the impasse (47%) than blamed the GOP (44%).

If true, that’s in spite of one-sided evening news coverage that hammered the idea that any default would be due to Republican zealotry. Out of 44 soundbites from anchors, reporters and a handful of nonpartisan sources, 21 blamed Republicans, 23 blamed both sides, and zero blamed Democrats.







Back on May 6, CBS’s Christina Ruffini cast Republicans as the obstacle, warning viewers that even if there is a deal, “there is no guarantee McCarthy can sell that deal to hardline members of his own party.” On May 19, ABC’s Rachel Scott similarly blamed “ultra-conservative members of Congress now pushing McCarthy to drive an even tougher bargain, further boxing him in.”

Democrats were portrayed as reasonable in the face of extreme Republican demands: “With the GOP refusing to cut defense spending or accept any kind of tax changes like closing loopholes,” NBC’s Garrett Haake spun on May 23, “there’s just not that much left to cut that the White House and Democrats can support.”



■ Casting Spending Cuts as Extreme: According to the Congressional Budget Office, discretionary federal spending amounted to $1.3 trillion in 2019, before surging during the C***D years, topping at $1.7 trillion during 2022.

The original GOP plan — before it was diluted in negotiations with the White House — would have pared that back to just under $1.5 trillion next year, still significantly higher than pre-C***D levels.

Yet in nearly one-fourth of stories (17 out of 74), reporters cast this proposal as extreme, using terms such as “deep,” “steep,” “slash” and “gut” to characterize the Republican cuts.

On May 9, for example, ABC’s Mary Bruce described the GOP plan as brutal: “deep spending cuts that would gut his [President Biden’s] agenda, slashing social spending and environmental programs.”

“House Republicans want to impose caps that amount to an across-the-board 13 percent cut in government spending,” CBS’s Nancy Cordes hyped on May 19. Three days later, her colleague Weijia Jiang outdid Cordes, claiming Republicans “want to increase defense spending while cutting everything else by up to 22 percent.”

Even as negotiators closed in on a deal, reporters characterized Republicans as eager for more “slashing.” NBC’s Peter Alexander on May 25: “Key conservative Republicans who have the power to derail any deal are urging McCarthy to hold out until Democrats slash more spending.”

This “extremist” language is a club wielded only against budget-cutters, however. A previous MRC study found no such language deployed against the spend-a-holics as Congress passed $1 trillion (and greater) spending bills over the past five years. Instead, the network evening newscasts chose to amplify complaints that these enormous bills were actually too small, rather than dangerously large.


■ “Catastrophic” Default, Little Concern Over Debt: More than two-thirds of stories (51, or 69%) emphasized the damage that a potential default could have on the American economy; a majority of those (29) used some version of the word “catastrophe.”

“A default, top economists say, could lead to financial disaster,” CNBC’s Kayla Tausche relayed on the May 9 NBC Nightly News. “Missing the deadline by a week would cost 1.5 million jobs, soaring to eight million if the deadlock reaches the fall.”

“Millions of Americans are caught in the middle, with a potential threat to Social Security, Medicare and veterans benefits,” ABC’s Elizabeth Schulze warned on May 21. Reporters listed 109 specific examples of fearsome hardships that would follow a default, including a recession, loss of Social Security checks, and troops not getting paid. “The consequences of a default would be dire,” ABC’s Rachel Scott predicted on May 15.

There’s no question that a default, if realized, would inflict severe damage on the economy, yet the underlying danger of the exploding national debt — which now exceeds the size of the entire U.S. economy — was barely mentioned. In roughly 110 minutes of coverage, evening news viewers heard only 52 seconds about the national debt — a measly 0.78% of airtime.

Most of that consisted of occasional soundbites from Republicans making their case that spending has gotten out of control. Only once — four months ago — did a network reporter actually put the debt into context. CBS’s Scott MacFarlane back on January 19 provided rare context: “The current $31.4 trillion debt is more than the economies of China, Japan, Germany and the UK combined, and equals more than $200,000 for every U.S. taxpayer.”

+++++

The national debt stood at $27.8 trillion when Biden was inaugurated on January 20, 2021. In just the last two years, that figure has swelled to $31.4 trillion — in spite of record tax revenues pouring into the federal treasury last year. When the debt ceiling is lifted in the coming days, expect that number to jump significantly higher.

One reason for such out-of-whack finances: news coverage that fails to act as a check on big spending politicians, while those who push for restraint and responsibility are criticized as troublemakers. Imagine if it was the spend-a-holics in Congress who had to defend their damaging conduct, rather than those advocating spending restraint.

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May 31, 2023 17:20:22   #
dtucker300 Loc: Vista, CA
 
Milosia2 wrote:
What ?
Forcing people to pay what they owe ????
Oh Forsooth !!!
Instead of k*****g Social programs that were fought and paid for ????
To pay bills run up by republicans ?????


Oh, shut up! You're not even a real person. You're a psyop troll bot.

Reply
Jun 1, 2023 02:01:31   #
Radiance3
 
DASHY wrote:
Deciding how to spend (OPM) tax dollars to benefit all Americans is one of the main functions of government.


===================
I think you are so DUMB! How money is expended for the government. Where does it start? Here are the processes.

The Office of Management and Budget:
The Office of Management and Budget (OMB) serves the President of the United States in overseeing the implementation of his or her vision across the Executive Branch. OMB’s mission is to assist the President in meeting policy, budget, management, and regulatory objectives and to fulfill the agency’s statutory responsibilities.

First, the President's budget is submitted to Congress. Next, the Appropriations Committee's subcommittees, on one of the 12 bills, first hold excessive hearings on each of the spending bills. They debate on how the fund is used, the benefits pros and cons. Both parties in Congress has to v**e on passing the budget.

Usually, budget and appropriations are after the President's budget proposal is received.

Congress, lead by Finance or Appropriation Committee, decides or approves how much appropriation is needed on every department, agency, or projects as submitted by the president.

Often times, Congress revises the President's submitted budget, and decides how much is funded. The president can refuse if not to his satisfaction, and debate continues. If the Executive branch has valid justifications on the budget asked, Congress who has the majority v**es may approve or not approve. Congress has the final say. Congress has the power of the purse. That is what is going on now. Time is clicking fast, there is a deadline to meet. Another budget meeting is scheduled as of Sept. 2023.

To date from Sept. 2022, to May 2023.
How much has the U.S. government expended this year?
The U.S. government has spent $3.61 trillion in fiscal year 2023 to ensure the well-being of the people of the United States.
$3,611,239,136,330 from Sept, 2022 to May 2023. This will go higher until Sept.1, 2023.

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Jun 1, 2023 08:20:15   #
DASHY
 
Radiance3 wrote:
===================
I think you are so DUMB! How money is expended for the government. Where does it start? Here are the processes.

The Office of Management and Budget:
The Office of Management and Budget (OMB) serves the President of the United States in overseeing the implementation of his or her vision across the Executive Branch. OMB’s mission is to assist the President in meeting policy, budget, management, and regulatory objectives and to fulfill the agency’s statutory responsibilities.

First, the President's budget is submitted to Congress. Next, the Appropriations Committee's subcommittees, on one of the 12 bills, first hold excessive hearings on each of the spending bills. They debate on how the fund is used, the benefits pros and cons. Both parties in Congress has to v**e on passing the budget.

Usually, budget and appropriations are after the President's budget proposal is received.

Congress, lead by Finance or Appropriation Committee, decides or approves how much appropriation is needed on every department, agency, or projects as submitted by the president.

Often times, Congress revises the President's submitted budget, and decides how much is funded. The president can refuse if not to his satisfaction, and debate continues. If the Executive branch has valid justifications on the budget asked, Congress who has the majority v**es may approve or not approve. Congress has the final say. Congress has the power of the purse. That is what is going on now. Time is clicking fast, there is a deadline to meet. Another budget meeting is scheduled as of Sept. 2023.

To date from Sept. 2022, to May 2023.
How much has the U.S. government expended this year?
The U.S. government has spent $3.61 trillion in fiscal year 2023 to ensure the well-being of the people of the United States.
$3,611,239,136,330 from Sept, 2022 to May 2023. This will go higher until Sept.1, 2023.
=================== br i b I think you are so D... (show quote)


You just described one of the main functions of government: How to spend the people's money.

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