147
Trump calls for abolishing the debt ceiling
(www.nbcnews.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Dec 2024
147 points (100.0% liked)
politics
19241 readers
2092 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 2 years ago
MODERATORS
What is happening here?
The Trump admin is about to hand out trillions of dollars of public money to friends and donors. If the deficit doesn't quadruple over Trump's previous administration I'll be surprised
Isn't it obvious?
Of course. It's why he's not laughing.
In all seriousness, if people are wondering, 25% of our total national debt is a result of Trump's first term in office, largely due to his tax cuts for the wealthy. Eliminating the debt celiing means he can push through tax cuts so large that it'll make the first round look like a kid shaking out a piggy bank by comparison, and basically just stick future taxpayers with the bill.
What do you think is better or worse for China and Russia?:
The US government stopping all work for a period of time until the debt reconciliation is handled in law?
The US Government absolutely stopping ALL work because Trump wants to suddenly be self-sufficient?
The US Dollar losing it's stance as the global stable currency?
The US absolutely crumbling when everything just stops.
Which fucking option are you not super clear about being on the table right now?