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Trump, Congress leaders reach deal on debt limit, spending caps

6 Comments
By Richard Cowan

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If a Democrat wins the White House, how much do you wanna'bet that "deficit spending" and the national debt will once again become (in the minds of Republicans) an "emergency?"

Hannity and Carlson haven't weighed in yet, so, the deal is not done.

3 ( +4 / -1 )

Discretionary spending has been declining steadily for four decades, interrupted only by the Iraq War and the Great Recession. The new budget deal will keep it at about 6 percent of GDP, the same as it was in 2000 and far less than it was in 1980. This is hardly a picture of a budget that’s skyrocketing out of control.

-- Kevin Drum

https://www.motherjones.com/kevin-drum/2019/07/todays-budget-deal-is-fine/

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The budget isn't fine when it debt ridden.

US is only surviving cause nations have large amount of money pegged to USD.

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Given Republican Party members have previously said (I know - talk's cheap) they favored fiscal conservatism, are Trump and the Republicans pushing the debt even higher just RINO's, Republicans in name only?

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If a Democrat wins the White House

if it's any of the current group of losers with the exception of Tulsi Gabbard, combined with a Democrat Congress it'll be open borders, higher taxes, a depression and probably a new war or two.

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Given Republican Party members have previously said (I know - talk's cheap) they favored fiscal conservatism, are Trump and the Republicans pushing the debt even higher just RINO's, Republicans in name only?

Yes, Yes, Yes. Anyone who thinks Republicans in Congress today are hard right conservatives needs their head examined. This is more of the Bush compassionate conservatism - which is nothing more than progressivism light. Trump is not and never has been an economic conservative (and is at times a squishy social conservative as well). The only question is whether or not he can beat Obama’s record for debt should he win a second term.

Democrats are willing to shut down the Federal government to keep the deficit spending going (got to keep that abortion money flowing no matter the consequences). Republicans should be willing to shut down the government in order to save the country’s future. But alas they, and Trump, like the Dems care only about today. The pox on them all.

If a Democrat wins the White House

If a Dem wins the White House the debt will not go down a nickel. The same if a Republican wins the White House.

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