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Online mystery-ak

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Debt ceiling returns, creating new headache for GOP
« on: March 16, 2017, 02:41:53 pm »
Debt ceiling returns, creating new headache for GOP
By Sylvan Lane - 03/16/17 12:00 AM EDT

The legal limit on how much the United States government can borrow returns on Thursday, potentially setting up an intense political battle in Congress.

Lawmakers will have until sometime this autumn to raise the debt ceiling before the Treasury runs out of ways to make essential payments, putting the nation at risk of its first-ever debt default.

The debt limit is a major test for the Trump administration and Republican congressional leaders who’ve sought major spending cuts before previous increases in the debt ceiling.

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http://thehill.com/policy/finance/324197-debt-ceiling-returns-creating-new-headache-for-gop
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Offline LMAO

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Re: Debt ceiling returns, creating new headache for GOP
« Reply #1 on: March 16, 2017, 02:43:34 pm »
I don't really think much is going to be done regarding our debt until math and the economy forces it. 
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Offline Night Hides Not

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Re: Debt ceiling returns, creating new headache for GOP
« Reply #2 on: March 16, 2017, 03:23:42 pm »
Quote from: LMAO on March 16, 2017, 02:43:34 pm
I don't really think much is going to be done regarding our debt until math and the economy forces it.

Let's quit playing games with it, and just raise it to $50T or $100T. We've learned there are no deficit "hawks" in DC, so why continue the charade?
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Offline IsailedawayfromFR

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Re: Debt ceiling returns, creating new headache for GOP
« Reply #3 on: March 16, 2017, 04:08:31 pm »
Quote from: Night Hides Not on March 16, 2017, 03:23:42 pm
Let's quit playing games with it, and just raise it to $50T or $100T. We've learned there are no deficit "hawks" in DC, so why continue the charade?
This seems to be the course ever since they placed this law on the books.

The one thing is does do, however, is to bring it up again in the public eye.

If not there, could be buried and never heard from.
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Offline Idaho_Cowboy

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Re: Debt ceiling returns, creating new headache for GOP
« Reply #4 on: March 16, 2017, 08:50:33 pm »
Her's an overview of the US fiscal policy for the last 8 years:

[attachment deleted by admin]
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