Default is Biden’s decision. He can choose to not pay interest on our debt and instead pay for some other social justice program or maybe paying the bills for 5 million illegal criminal aliens. The revenue is there. With a big jump in revenue due on June 16.
Sick and tired of the Neo Nazi part, GOP, playing games with the USA. They can go have sex with themselves. The rich stopped paying their fair share of taxes in the 1970s. It’s been crap ever since.
An idiotic crisis needlessly generated by our incresingly dysfunctional and destructive politics. Old school pols who expect good faith negotiation and rational action for the good of the nation are an anachronism.
Gee no surprise that Breen did not call out the GQP cult for yet another time trying to hold America hostage for debts rolled up by GQP presidents instead of stopping it and heaven forbid making the incredibly rich pay taxes as if they were mere mortals. eek!
The problem is Congress. The Debt ceiling is a construct of WWI politicians, but it has been weaponized by politicians in the last couple decades. If that bomb explodes, it does damage, but the real problem is that there is another bomb a year or two behind it. And another, and another…………..
The solution is to invoke the 14th amendment and destroy the concept of the debt ceiling. Yes, it will be litigated, but it has to be tried. If it works the debt ceiling will be no more. The downside is that all the drama will be transferred to the budget debate.
Not that I have a vote.. but default. I think the consequences will be laid squarely at Kevin’s feet and come election time the day of the republicans may well be over.
The fact that Republicans refused to negotiate tax increases on the very wealthy shows us that they are bought and paid for by the rich. This debt wouldn’t be so big if it weren’t for the massive tax cuts for the very wealthy and the huge unneccessary defense increase under TFG
Better than the clock on the cover of the Bulletin of Atomic Scientists. That one is three minutes to midnight. If they are right, the debt ceiling is the least of our worries.
The national debt is largely imaginary and we will NEVER pay it back. Focusing on it is a way for politicians to pretend to be doing something instead of doing things that benefit anyone’s lives
Odon Premium Member 11 months ago
Part of our American Exceptionalism at work.
aristoclesplato9 11 months ago
Default is Biden’s decision. He can choose to not pay interest on our debt and instead pay for some other social justice program or maybe paying the bills for 5 million illegal criminal aliens. The revenue is there. With a big jump in revenue due on June 16.
akachman Premium Member 11 months ago
Sick and tired of the Neo Nazi part, GOP, playing games with the USA. They can go have sex with themselves. The rich stopped paying their fair share of taxes in the 1970s. It’s been crap ever since.
cdward 11 months ago
A crisis solely of the GOP’s invention. An unconstitutional one at that.
The Nodding Head 11 months ago
An idiotic crisis needlessly generated by our incresingly dysfunctional and destructive politics. Old school pols who expect good faith negotiation and rational action for the good of the nation are an anachronism.
WickWire64 11 months ago
Gee no surprise that Breen did not call out the GQP cult for yet another time trying to hold America hostage for debts rolled up by GQP presidents instead of stopping it and heaven forbid making the incredibly rich pay taxes as if they were mere mortals. eek!
Dirtfarmer 11 months ago
The problem is Congress. The Debt ceiling is a construct of WWI politicians, but it has been weaponized by politicians in the last couple decades. If that bomb explodes, it does damage, but the real problem is that there is another bomb a year or two behind it. And another, and another…………..
The solution is to invoke the 14th amendment and destroy the concept of the debt ceiling. Yes, it will be litigated, but it has to be tried. If it works the debt ceiling will be no more. The downside is that all the drama will be transferred to the budget debate.
piper_gilbert 11 months ago
The Billionaire Protection Caucus is trying to hammer out a better deal for the filthy rich.
T Smith 11 months ago
And Republicans are the terrorist bomb-makers.
Alberta Oil Premium Member 11 months ago
Not that I have a vote.. but default. I think the consequences will be laid squarely at Kevin’s feet and come election time the day of the republicans may well be over.
Radish the wordsmith 11 months ago
Terrorist Republican traitors want to blow up the USA.
ShadowMaster 11 months ago
And the Republicans will let it go “Boom!” before anything resembling sanity.
tabby 11 months ago
The fact that Republicans refused to negotiate tax increases on the very wealthy shows us that they are bought and paid for by the rich. This debt wouldn’t be so big if it weren’t for the massive tax cuts for the very wealthy and the huge unneccessary defense increase under TFG
Valiant1943 Premium Member 11 months ago
We really need some sort of mental & IQ testing done on folks running for congress.
H P Hundt Premium Member 11 months ago
why does the clock show 11:00? shouldn’t it be 11:55?
Kurtass Premium Member 11 months ago
Should be two red wires.
Al Fresco 11 months ago
Better than the clock on the cover of the Bulletin of Atomic Scientists. That one is three minutes to midnight. If they are right, the debt ceiling is the least of our worries.
Durak Premium Member 11 months ago
I know the answer to this one! Cut the RED wire. You know, the one that provides power to Kevin McCarthy!
Rich Douglas 11 months ago
If you dusted it for prints you’d find it was built by Republicans.
rossevrymn 11 months ago
The time is closer to being alignment with the doomsday clock.
moondog42 Premium Member 11 months ago
The national debt is largely imaginary and we will NEVER pay it back. Focusing on it is a way for politicians to pretend to be doing something instead of doing things that benefit anyone’s lives