The news channels are pretty silent on the subject, but Congress will have to raise the debt ceiling soon (or not, hopefully). While everyone still wants to talk about Russia or something, I'll just leave this here:
Since Congress will have to do something about the debt ceiling by the end of September, it's finally getting a little attention. I think there are, sadly, enough Democrats and "moderate" Republicans to pass a clean debt ceiling bill without imposing any fiscal reform.
That would be too bad. With the national debt already well over 100% of GDP, it's long past time to do something. Let's see if anyone in Congress has any balls.
Onward and upward, airforce
Posts: 17061 | From: Tulsa | Registered: Jan 2002
The publitards are whining and bitching about Trump's betrayal of the party. Fork the do nothing party. All they've done is betray their president at every opportunity.
-------------------- "The time for war has not yet come, but it will come and that soon, and when it does come, my advice is to draw the sword and throw away the scabbard." Gen. T.J. Jackson, March 1861 Posts: 15162 | From: A 059 Btn 16 FF MSC | Registered: Oct 2001
quote:...I think this tends to happen when one party has full control of government: that party starts to go on a spending spree and stops worrying about the debt and deficits. We're going to have to be vigilant here. There have been a lot of things that have passed over the past few weeks that waste a lot of money, that spend too much. When we spend for things that the American people do want, and many people want this kind of disaster relief funding for example, then we have to make sure that we're paying for it. We have to make sure that we make spending cuts elsewhere to pay for what's going on today. Otherwise we're just taxing the next generation. We're telling the next generation of Americans that they have to pay for the stuff that we want today. That's immoral.
Let's stay on top of this, keep pressing members of Congress, and don't forget about it. The Tea Party rose up a few years ago because of spending issues, because the government was getting too big. Now we have Republicans in positions of power and influence, and we have to make sure that we stay true to that message, that we want a limited government, we want spending to be brought down, and we want to get our debt under control....
I think they're doing their job in some instances, but overwhelmingly Congress continues to move in the wrong direction, the federal government continues to move in the wrong direction. Little has changed in that respect. I see some signs that on the spending front, which we already talked about, things are getting worse. You'll have some positive signs, a few steps forward, but many steps back. I think it's going to take a lot more from the American people to get things back on track.