Showing posts with label The Debt Ceiling. Show all posts
Showing posts with label The Debt Ceiling. Show all posts
Wednesday, June 4, 2025

Mad King Ludwig's soul is in chaos, full of conflicting desires which he is utterly unable to satisfy: Trump now calls for letting Congress spend without limit weeks after touting tax increases on the rich to pay the bills

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 Trump calls for scrapping debt limit  (June 4) Trump pushes Republicans to have rich pay more taxes (May 8) Trump pivots, says GOP should...
Friday, May 9, 2025

Treasury Secretary Scott Bessent tells Congress to shift or get off the lot

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  Treasury Dept. asks Congress to raise debt ceiling before August to avert default   ... “However, after receiving receipts for the recent ...
Wednesday, February 26, 2025

The National Debt has been at $36 trillion plus change since Nov 21

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   Three months and counting. The federal government is expected to blow through $7.266 trillion in fiscal 2025. That's $20 billion EVER...
Monday, February 24, 2025

In the aggregate US Treasury yields haven't moved much since the end of November, after which duration began to normalize, but looky here

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 On Nov 29, 2024 the yield curve averaged 4.356 in the aggregate, after which we began to see duration normalize. On Feb 21, 2025 it average...
Sunday, December 22, 2024

Fox News dipshit says Trump gave a masterclass lol

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 DAVID MARCUS: De facto President Trump's handling of shutdown threat was a masterclass The piece of legislation which the boss said at ...
Saturday, December 21, 2024

The US House passed a continuing spending resolution through March 14, 2025 at 5:59PM yesterday, the US Senate passed it this morning at 12:23AM, averting a federal government shutdown

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   The House roll call vote (366-34-1-29nv) is here . 34 Republicans voted Nay. The Senate roll call vote (85-11-4nv) is here . 10 Republica...
Thursday, December 19, 2024

I'm gonna call my credit card company and extend my own line of credit to make me great again

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Exhibit A that Trump's a Democrat now

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Go ahead you fools, get rid of the debt ceiling . . . Make my day

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Trump's a Democrat now lol

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  Making chumps of us all. President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling,  a day after he came...
Friday, June 2, 2023

Debt ceiling compromise clears the US Senate 63-36, Republican Senators extract pledge from Chucky Schumer for more defense spending which amounts to a pig in a poke so 31 vote against it anyway

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Hello, all spending bills must originate in the House. Some Senate Republicans are pretending you don't know that. What a joke.   CNBC :...
Wednesday, May 31, 2023

The US House passed the debt ceiling compromise 314-117 this evening

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  Seventy-one Republicans and 46 Democrats voted against the bill in the House — mostly liberals and conservatives protesting specific pro...
Tuesday, May 30, 2023

Thomas Massie of Kentucky voted for the rule advancing the debt ceiling compromise to the House floor because the compromise contains the Penny Plan and a return to regular order

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 The Penny Plan would be triggered in the event 12 appropriations bills are not passed by Jan. 1 annually, automatically reducing spending 1...

The debt ceiling compromise freezes spending in the next fiscal year about $400 billion too high, and does nothing to pay for the $4.9 trillion added to the debt over and above "normal" deficit spending

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The Washington Examiner, here : In exchange for a two-year hike in the federal borrowing limit, the legislation roughly freezes next year...
Monday, May 29, 2023

LOL, National Review reports AOC expels protesters at her own townhall in Queens, characteristically buried on the Friday night of the summer's first big holiday weekend to minimize such things

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  ‘American Citizens before Migrants’: Protesters Heckle AOC at NYC Town Hall Brittany Bernstein May 27, 2023 11:06 AM Representative Alexan...
Tuesday, May 2, 2023

As usual the media and the Democrats, but I repeat myself, are portraying the House Republican bill which lifts the debt ceiling by $1.5 trillion as a bill with "big spending cuts"

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This is how NPR, who else?, frames the issue from the beginning: The House of Representatives has narrowly approved a Republican bill to ra...
Thursday, December 16, 2021

Sleepy Joe Biden played chicken with the debt ceiling legislation, waited until today to sign the bill hastily passed in the middle of the night yesterday

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  Story .
Wednesday, December 15, 2021

The US House passed the $2.5 trillion increase to the debt ceiling in the dead of night with just one, unneeded, Republican vote

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The bill, which lawmakers passed 221-209, with one Republican voting yes, raises the federal debt ceiling by $2.5 trillion to increase the ...
Tuesday, December 14, 2021

US Senate Democrats passed a $2.5 trillion increase to the debt ceiling 50-49 this afternoon without a single Republican vote after 14 Republicans voted to allow a one time simple majority arrangement

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Seems like there's not much wiggle room between a $2.5 trillion increase in the debt ceiling and a proposed Democrat reconciliation spen...
Saturday, November 20, 2021

$2.2 trillion Build Back Butter bill Democrats insisted would cost nothing CBO estimates would cost $367 billion over ten years

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            So-called Democrat moderates in the House voted for it anyway, 220-213, undermining Republican claims their votes could be peele...