Debt limit antics this go 'round: same posturing for the base? Or for realz calamity?

#154
#154
lawgator1 said:
The wisdom of it is not the issue.

But of course you and the GOP know that. Still, it keeps the outrage checks flowing in ...
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Please, the democratic party's main platform is outrage.

So you are okay with able bodied freeloaders ? Bringing jobs in to those counties would be the play for a good congressman. Getting them a waiver should be the exception.
 
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#156
#156
I think the only thing that will drop in price going forward is Bud Light at your nearest Target.
 
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#159
#159
“Exact details of the final deal were not immediately available, but negotiators have agreed to cap non-defense discretionary spending at 2023 levels for two years, in exchange for a debt ceiling increase over a similar period, sources told Reuters earlier.”
 
#160
#160
lawgator1 said:
This is an enormously misleading thing on the IRS. Besides, we need some more enforcement on the wealthiest.
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How about closing loopholes? Somehow the elite electorate even when holding monopoly power never gets to it.
You guys love your 5K page bills without even read it. The FF warned us against this BS.


TAX THE RICH! Sounds like Communist BS.
 
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#161
#161
Orangeburst said:
How about closing loopholes? Somehow the elite electorate even when holding monopoly power never gets to it.
You guys love your 5K page bills without even read it. The FF warned us against this BS.


TAX THE RICH! Sounds like Communist BS.
Click to expand...


I agree they need to dramatically cut back the loopholes.
 
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#162
#162
Orangeburst said:
How about closing loopholes? Somehow the elite electorate even when holding monopoly power never gets to it.
You guys love your 5K page bills without even read it. The FF warned us against this BS.


TAX THE RICH! Sounds like Communist BS.
Click to expand...

How about simplifying the tax code and putting 90% of IRS agents and accountants out of business?
 
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#166
#166
lawgator1 said:
This is an enormously misleading thing on the IRS. Besides, we need some more enforcement on the wealthiest.
Click to expand...
lawgator1 said:
I agree they need to dramatically cut back the loopholes.
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More IRS agents aren't going to close the doors that congress has blocked open, and they sure aren't going to be investigating congress to see why they have the doors blocked open. Congress opened loopholes, and people at all levels use them; the thing is the loopholes seem to favor both ends of the spectrum and people in the middle of the curve don't do nearly as well.
 
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#169
#169
AM64 said:
More IRS agents aren't going to close the doors that congress has blocked open, and they sure aren't going to be investigating congress to see why they have the doors blocked open. Congress opened loopholes, and people at all levels use them; the thing is the loopholes seem to favor both ends of the spectrum and people in the middle of the curve don't do nearly as well.
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So subjective and confusing that it allows this continual Tax the Rich grievance, Just like every other 5K page law..made into law by the biggest dumbasses OR political divider on subject one could envision
 
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#170
#170
A source familiar with the details told Fox News Digital that the deal claws back $1.9 billion of the $80 billion total funding granted to the Internal Revenue Service in last year's Inflation Reduction Act, and that the debt limit would be raised until January 2025 – taking it through the next presidential election.

Another source familiar with the talks told Fox News that negotiators also agreed to a two-year budget deal, which includes freezing non-defense spending levels at the current fiscal year.

That appears to fall short of Republican goals outlined in the House GOP's Limit, Save, Grow Act, which would have raised the debt limit for about a year while rolling back the current year's spending levels by roughly $150 billion. Several House Republicans were already tweeting late Saturday night that they can't accept the deal based on the details that were emerging.

Republicans got their wish for tighter work requirements for some Americans on federal benefits – the applicable age for work requirements for SNAP recipients would be raised from 49 to 54, while being reduced for veterans and homeless people, among others. But those tougher work requirements would not be required for Medicaid benefits.

Debt ceiling agreement in principle reached between Democrats, Republicans
 
#173
#173
Just pass a law that increases the debt by $100T so we don't have to deal with this decades drama BS
 
#174
#174
While some Republicans, particularly those in the House Freedom Caucus, have already begun expressing their opposition to the deal, Rep. Marjorie Taylor Greene (R-GA) spoke out favorably about it Saturday night, praising it for rescinding COVID money that she said would have otherwise benefitted foreign nations, including adversaries like China.

McCarthy will likely need to rely on some Democrat votes given Republicans’ narrow majority only affords him a few defectors before a bill would fail.

McCarthy, Biden Reach Debt Ceiling Agreement in Principle
 
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