Debt limit looks like a real struggle after health bill debacle

[LonestarDream]

The annual wrangling around the debt limit was set to disappear, pundits thought, since Republican control of both the executive and legislative branch would effectively make any showdown over such a silly exercise an own goal.

That’s the current view in the Trump White House at least.

“We’ve spent the money. The concept of the debt limit is somewhat of a ridiculous concept,” said Treasury Secretary Steven Mnuchin on Friday. “I am hopeful that this something Congress addresses before the [summer] break. I think everybody understands we need to raise the debt limit, and that’s something we’re going to do.”

Also read: Mnuchin: It may take a century for artificial intelligence to take U.S. jobs

But the difficulty Republicans have had mustering support for the American Health Care Act shows intraparty disputes are as significant now as they were under Democratic President Barack Obama.

The difficulty and ultimately failure of the bill shows that internal party discipline is minimal.



http://www.marketwatch.com/story/debt-limit-looks-like-a-real-struggle-after-ahca-debacle-2017-03-24

[LonestarDream]

Next topic.  My vote is to NOT raise the debt limit.

What do y'all think?

@don-o
@DiogenesLamp
@XenaLee
@Emjay

[endicom]

Mnuchin is telling us that the money is already spent. So, they can raise the debt limit or raise taxes or default.

Spending is the problem.

[LonestarDream]

Mnuchin is telling us that the money is already spent. So, they can raise the debt limit or raise taxes or default.

Spending is the problem.

Money is NOT spent

[XenaLee]

Next topic.  My vote is to NOT raise the debt limit.

What do y'all think?

@don-o
@DiogenesLamp
@XenaLee
@Emjay

Hell no, to that.  Their intention is to have no end, literally, to our national debt.  They should be reining it in, instead.  We're going to have to force them, apparently. 

Government (and the idiots that work in government) should have to tighten their belts JUST AS they have forced most Americans to have to do.  Fair is fair.  And it really IS "our money", after all.

[corbe]

   The Dems can whine all they want, they have no leg to stand on here.
   This will get done lickity split, There is just to damn much on the table already that needs attention. 
   As a fiscal Conservative it breaks my heart to say that but it's reality.

   I'll save my powder for the $1T Infrastructure package Trump wants.