McCarthy rebrands looming debt ceiling breach: 'Biden default'

Guille said:
Only to employees.
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To employees, people who receive benefits (like Social Security), people who do business with anyone who is an employee or receives benefits, and anyone who uses money printed by the US Government. If you are a mountain man who refuses to use money, you will be fine.
 
ExpressLane said:
House Speaker Kevin McCarthy is setting up to pin a looming possible financial crisis on President Biden, the Republican leader indicated on Wednesday, declaring that it would be the "Biden default" if an agreement is not reached in time on raising the debt limit.

"Our debt is larger than our economy, by more than 20%. If we do nothing, we will pay more in interest in the next ten years than we paid in the last 83," the speaker said at a press conference. "If we do nothing, and you follow along…God forbid you get a Biden default because he ignores the problem just as he ignored the border."

McCarthy made an unannounced appearance at the press event, which featured more than two dozen Republican lawmakers across the House and Senate, touting Democrats’ apparent concession to negotiate on the debt ceiling after insisting on a "clean" increase of the borrowing limit for months.

Biden had his second meeting on the debt limit with McCarthy and other Congressional leaders on Tuesday, just before jetting off to Japan for the Group of 7 summit.

Talks have so far resulted in little movement, with Democrats maintaining their position and Republicans demanding spending cuts drawn out in their Limit, Save, Grow Act be paired with any increase of the debt ceiling. But Senate Majority Leader Chuck Schumer appeared to change his tune after the sit-down, telling reporters, "Hopefully we can come to an agreement…Having a bipartisan bill in both chambers is the only way we’re going to avoid default."


McCarthy took a victory lap over the development on Wednesday. "Now the president and Leader Schumer have finally backed off their idea that they won't negotiate. They finally backed off the insane un-rational, un-sensible idea that you just raise the debt ceiling," he said......

https://www.foxnews.com/politics/mccarthy-rebrands-looming-debt-ceiling-deadline-biden-default
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I doubt the US will default. But if it does it will very clearly be Biden and his handlers fault. The Republicans have offered a modest cut in spending and a debt ceiling increase. The ball is in dementia Joe's court.
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Of course he does, he has to, his whole agenda is only based on politics, he don’t give a rat’s ass about the country, if he did he would have come up with a proposal that would at least earn a voice in the Senate, but even Mitch didn’t jump on it

If the country was to default, it was be on McCarthy’s House
 
archives said:
Of course he does, he has to, his whole agenda is only based on politics, he don’t give a rat’s ass about the country, if he did he would have come up with a proposal that would at least earn a voice in the Senate, but even Mitch didn’t jump on it

If the country was to default, it was be on McCarthy’s House
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Naww the house has the purse string and the House has said what they are willing to spend. The ball is in Dementia Joe's court.
 
The Chinese are currently making a bold move to kill the dollar, when they succeed (and they will) America instantly becomes a very improvised nation, with a stunning collapse in our standard of living.

Please do not forget that you were warned.
 
ExpressLane said:
Naww the house has the purse string and the House has said what they are willing to spend. The ball is in Dementia Joe's court.
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More proof you don't know the difference between a budget and paying the bills.

Fine, let the country default and see if the Republicans don't take the hit like they did last time they pulled crap like this.

FWIW, if the country defaults, your melons will be left rotting in the fields this summer, dumbass.
 
The debt ceiling is to pay the bills for what we already did. It is not new spending. The rightys think not paying our bills is a good idea. They are not too bright.
 
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Nordberg said:
The debt ceiling os too pay the bills for what we already did. It is not new spending. The rightys think not paying our bills is a good idea. They are not too bright.
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They'll find out the hard way that most Americans, especially American businesses, will remember them in November 2024.

Recessions are politically bad for those who cause them.

https://www.justplainpolitics.com/s...-debt-who-will-American-voters-blame-the-most
If the US defaults on its debt, who will voters blame the most?
 
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