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Speaker McCarthy vows to pass debt bill -- with a big 'if'

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By LISA MASCARO

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House Speaker Kevin McCarthy pledged on Monday to pass legislation to raise the nation's debt ceiling — but only on condition of capping future federal spending increases at 1% — as he lashed out at President Joe Biden for refusing to engage in budget-cutting negotiations to prevent a debt crisis.

Lol Classic Republicans not reading the room correctly. Austerity measures are broadly unpopular, and 1% seems arbitrary to the average voter.

Combine that with the fact that the GOP only controls the house, they really don't have much negotiating power here. If the government defaults, this will easily be blamed on the GOP for not compromising.

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With his slim majority and less-than-strong grip on power, he has been unable to rally his Republican troops around a budget-cutting proposal

Republicans can't make policy anymore. They're too broken.

When's that Obamacare replacement coming out?

6 ( +6 / -0 )

Republicans can't make policy anymore. They're too broken. 

We are already broke. But of course they can, that’s why they were elected to get the spending under control. Blank checks and a pen are the things the left live for or they can go back to the Dems and spend money we don’t have incur more debt and the rest of us with money will just wait it out.

When's that Obamacare replacement coming out?

https://www.healthinsurance.org/obamacare/beware-obamacares-subsidy-cliff/

For the people that want this stuff they can have it without the additional subsidies, the main and most important thing is that private quality healthcare industry stay intact.

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But of course they can, that’s why they were elected to get the spending under control.

Then why haven't then? Criticizing Democrats is one thing, but actually come up with plan and lead. Make something happen, but one is sorely mistaken to believe this "no more raises of more than 1% gambit is going to work." It's safe to assume the defense budget will raise significantly more than 1% a year, which means social security, medicare, and medicaid will likely see cuts.

 Blank checks and a pen are the things the left live for or they can go back to the Dems and spend money we don’t have incur more debt and the rest of us with money will just wait it out.

Not true. We haven't had a balanced budget since 2001. It's in the article:

The nation runs more than $1 trillion in annual deficits, and the last time the federal budget balanced was 2001.

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McCarthy noted that President Ronald Reagan similarly warned of government spending. The cuts the House Republicans want to make are not “draconian,” McCarthy said.

The historical fact is Republican administrations run up the debt with more tax cuts for the .01%.

Democrats balance the budgets and reduce debt by cutting social services using their liberal cover and get results as the Clintons proved.

Yet the Republicans still persist with the played-out "big spending Dems" meme.

Repeat a lie often enough...

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With his slim majority and less-than-strong grip on power, he has been unable to rally his Republican troops around a budget-cutting proposal that he could offer the White House as a starting point in negotiations.

BINGO! There's the reason for the lack of any progress - the Repubs can't even agree on an initial proposal...

So let's see some specifics Kevin - what do you and your "kook caucus" want to cut - Defense so we reduce our support to Ukraine? Social Security and Medicare - even though you have said those were "off the table", you don't have the best reputation for truth-telling. Roll-back Obamacare - as the Repubs have promised for 10 years?

If anyone us AWOL, it is "My Kevin" and Team MAGA...and just like the last three times, if we go over the cliff the Repubs will take all the blame - just ask Newt...

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The Repubelicken Caucsucus loves to cry "we're broke" as an excuse to cut programs that help the poor and minorities. When the economy is doing poorly they cry for tax cuts. When the economy is booming they cry for tax cuts. Doesn't matter what the economy is doing they always say taxes need to be cut, never mind the tax burden, meaning government revenues from all sources at all levels of government as a percentage of GDP is among the lowest in the developed world (meaning the three dozen members of the OECD) with only South Korea, Turkey and Mexico showing lower tax burdens. They when revenues decline they whine about being "broke" and the cure is never raising taxes again but is always about cutting Social Security ( or better yet to them, "privatize it" ), cutting Medicare, Medicaid and food stamps.

It's all bs. The nation isn't broke. Far from it, but the Repubelicken Caucsucus panders to the rich and worse in my opinion goes out of their way to make life for the poor as rotten as they can make it, oh, because we are "broke". The only thing broken are their morals. The wave bibles and claim to be good christians while doing everything Christ preached against.

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The Democrats have the high ground on this matter. No negotiations. Force a straight up vote on raising the debt limit. Call the House Repulican's bluff. Senate Republicans are not going to support any attempt by the House to drive the nation into default.

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Republicans have always lost on this issue and they will lose again. It's all about fundraising at this point.

The party has no policy.

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Then why haven't then?

I have, but not in this case

Criticizing Democrats is one thing, but actually come up with plan and lead.

That’s what McCarthy is doing.

Make something happen, but one is sorely mistaken to believe this "no more raises of more than 1% gambit is going to work." It's safe to assume the defense budget will raise significantly more than 1% a year, which means social security, medicare, and medicaid will likely see cuts.

A lot of people do.

Not true.

Then Nancy would still hold the gavel then.

We haven't had a balanced budget since 2001. It's in the article: 

With this administration don’t even expect that to happen.

>

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The party has no policy.

Nor this administration

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I have, but not in this case

Not you, Republicans in congress. They haven't gotten spending under control. Not that I am convinced it's a problem, but we have had a deficit every year since 2001.

That’s what McCarthy is doing.

lol No. He's flailing.

Then Nancy would still hold the gavel then.

That doesn't follow. But back at you, if Republicans were elected to balance the budget, why has their approval rating sunk to 18%? 18%.

With this administration don’t even expect that to happen.

I've far more respect for this administration than for Republican clowns who want to cut, SS, Medicare, and Medicaid to transfer yet more wealth to the MIC.

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this administration policy is just to blame Trump or Republicans rather than having their own actual policy.

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Not you, Republicans in congress. They haven't gotten spending under control.

And they won't with a Democrat President and a Democrat partially led Senate? Fetterman back yet?

Not that I am convinced it's a problem,

Yeah, libs never do which is the scary part...smh...

lol No. He's flailing. 

No, he's walking the thin line which is a good thing.

That doesn't follow.

Oh, without a doubt, the people had a choice and they chose enough filling-in-blank checks.

But back at you, if Republicans were elected to balance the budget, why has their approval rating sunk to 18%? 18%. 

They just started, it's April, if they were like Biden under water after 2 years, I would get your point and agree with you but give it time, again, with a Dem led congress it won't be easy, but deals will be made if the Dems want certain things funded.

I've far more respect for this administration

I absolutely do not.

-6 ( +0 / -6 )

We are already broke. But of course they can, that’s why they were elected to get the spending under control. Blank checks and a pen are the things the left live for or they can go back to the Dems and spend money we don’t have incur more debt and the rest of us with money will just wait it out.

Your Surrender 45 also knew that spending money gets votes.

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Even I know, living in the EU, that if the republicans failed to raise the debt ceiling, millions of jobs will be lost in the US, thousands of business's would go bust, and the dollar would cease to be the world currency. The present debt levels were the result of one man, Trump, backed up by his stupid followers in the senate and house and the country at large.

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Republicans can't put out a plan with ANY cuts because it would just be zeroing out PBS and USAID and those are tiny fractions of the budget. I guess they could finally double down on zeroing out the CIA and FBI but that would expose them to be the traitors they are.

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I guess they could finally double down on zeroing out the CIA and FBI but that would expose them to be the traitors they are.

Traders? Hardly. They should zero in actually. From a former FBI agent.

https://youtu.be/CcsmND4Rx-4

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