A meeting between President Biden and congressional leaders did not appear to result in any breakthroughs in the battle over the debt ceiling just weeks before the U.S. is expected to default on its debt. NBC News’ Mike Memoli and Julie Tsirkin have the details on how the meeting went and whether the two sides are closer to reaching an agreement.
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#DebtCeiling #Politics #Debt
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If the country defaults there won't be anyone to protect the border. All fed funds on borders patrol agents will collapse. Go right ahead MIKE! hahaha
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And just how much money have we given Ukraine now??
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Good! Federal government revenue in the first half of this fiscal year is 36% higher than 4 years ago. That is 1/2 TRILLION$ more. Yellen, Biden, and Democrats might "meltdown" but there is enough money. The spending problem? During the first half of this fiscal year . . . 1.1 TRILLION of unfunded spending and new DEBT added to the American people's lap. The outcome? Inflation and another 44 billion required in interest payments. THE DEMOCRATS ARE RUINING THE COUNTRY. McCarthy et al should agree to nothing until the budget is balanced at the current revenue levels; and that is being very generous.
If there is a default, that is the Democrats CHOICE. Key 2023 annual expenditures: 1.3 T$ for SSA, 1.5 T$ for M/M, less than 0.3T for debt interest. For 5 T$ of annual federal revenue (up more than 50% since 2016) there is enough money for what is needed. The Democrats are evil, the Republicans are inept. The country is doomed, doomed I say!
Impasse? These are discussions you have when you negotiate over a budget or other spending bills. Note – GOP never had any problems spending trillions of dollars before – the latest tax cuts adding 25 percent to the deficit. And they certainly never have any problems raising the debt ceiling when they were power. Strangely tho they always seems to be ready to bomb the US economy when there's a D president. R, not so much. This is pure economic terrorism. You should never negotiate with economic terrorists.
Where's the Biden crime family coverage presented by House Oversight Committee???
NBC isn't a news org, it's a radical far leftist propaganda org.
Where is our student loan relief?
Biden should just invoke the 14th amendment, shove the Repulitraitors out of the way and show them they have no power over this country and that the full faith and credit of the United States is not a bargaining chip to be used to push agendas.
Republicans not wanting to pay debt .. THAT HAS ALREADY BEEN PROMISED…. vote for the GOP to destroy America!!
It seems republicans are dead set on reducing the fed debt, so let the feds cut every dime of fed money going to every republican controlled state.
That is the just of what republican leaders want, they already got your vote, so until another vote comes along they could care less about you LOL
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It’s funny how if you or I are late in our income tax even by a penny the government will prosecute to the fullest extent. But these crooks just throw money away without regard to where the funds will come from , how they are going to pay, nothing. They’re crooks all of them
Add new States to justify higher debt load. Go for the easy ones. Netherlands has 40,000 in its entire military. Canada has 22,500 active military members. Math says we can kick their asz in about an hour.
I hope our economy collapses
Whatever stops Biden’s out of control spending machine…
SHUT the government down. No more spending. Citizens i.e. families are dealing with the worst Depression this country has ever experienced caused by these BOZOs who continue to give our tax payers money away to other countries and for their “green” energy beneficiaries. Shut it down.
You cannot fund this corrupt government. Defund and impeach across the board. How can you fund election interference, wuhan labs, mass censorship, widespread disinformation and your government putting its citizens on secret black lists? Don't do it!
Yes, shut it down. Democrats have been giving money away to one of the most corrupt countries in the world Ukraine. They also act like everything is normal down at our southern border. Republicans better hold their ground. Yes shut it down
The government is like a child with your credit card
Calling members of congress "leaders" is laughable. They have been complicit in allowing Bidens destruction…our borders our ecenomy; trillions on an unauthorized war… Nobody believes Biden can complete a coherent sentence much less have a rational conversation. Conress allowing Biden to stay is treasonous.
14th Amendment~Section 3 prohibits public office holders who have taken an oath to support the U.S. Constitution and then engage in insurrection or rebellion against the United States, or who give aid or comfort to enemies of the United States, from serving in public office
Or the 25th Amendment..either way the destruction could be stopped…yet it continues
After hearing the Republicans corruption case against Joe Biden,,It appears he's more corrupt then even I thought., But the liberal media will make this all about Trump.
Maybe, just maybe the Democrats need to stop pushing for pet projects and pork spending in the budget, along with gun control. Also stop blaming Republicans for rejecting your budget because of these things. Stop playing your stupid games with the country
Ever since Donald Trump was elected President back in 2016 this nation has been slipping away from democracy. No democracy can thrive if the people have no faith that the government can function. The fascist-leaning GOP has demonstrated repeatedly their agenda embraces the complete destruction of democracy. defaulting on the debt limit is yet another step in that GOP objective. Drastic times demand drastic solutions. If we the people desire to live in a democratic republic rather than a right-wing theocracy we need to rise up and take back our country from radical right wing domestic terrorists.
Good job GOP, way to be immature little crybabies yet again and get in the way of progress.
They wanna disarm you so they have an easier time stealing as much as possible from you and your children and loved ones.
Family issue Archie lil bit vegans
Just default on the debt. Whatever bad happens, we voted for this.
These people are elected by us. They took our money, and they spent it several times over. Just crash it.
Biden pooped his pants and had to leave early.
Crooks, the lot of them.
Biden and the Democrats continue to lie over and over. Muh medicaid being cut, muh abortion clinics being defunded, let's defund the police which will magically make things better durrr. Jesus Christ. If anyone still supports the party of inflation, crime, illegal immigration and destroying the Bill of Rights you're a clown at this point.
All part of their plan. Both are World Economic Forum puppets. Wait til tomorrow when 700,000 illegals come across the border with all kinds of diseases. Top of the list TB with no medical cure, small pox, chicken pox, and other diseases. All paid for by our own government!!!
Curious how many HANDLERS were there standing by to help talk for Biden..
Incompetence of China Joe Biden.
we meet gonna meet we just gonna meet
McCarthy is asking for spending to be left at last years levels. That means no spending cuts. Please tell me what’s “draconian” about this?
Stop, holding the American people hostage over your power seat tell you a mega nut jobs to stop holding America hostage
Republicans have become evil!
Biden can just continue to pay the debt according to the 14th amendment.
Why Republicans don't negotiate over the debt ceiling when there is a Republican President in the White House? Biden should not negotiate and concede anything to these fiscal terrorists until they are be able to explain this hypocrisy to the people.
Let's slash military spending and corporate handouts. but Republicans don't want that, they want to take food off of people's tables and cut medical aid to children, seniors and vets. no deal, we can't let republican extremist terrorists blackmail us.
How bout stop giving money to Ukraine and stop paying for immigrants coming to this country. Problem solved.
Republicans will shut down Government just like they did before.
Any default of the country – IS AND WILL BE at the hands of the Crazy Republicans. If our economy tanks – let the voters REMEMBER who is at fault. The GOP MAGA NUTS – do this for only one reason – their HATE of the legitimate president – who has actually done something for the country. VOTERS REMEMBER who actually cares about you and your country and your family.
Last 6 yrs on the debt trump added 8 trillion Biden paid down 1.7 trillion so let's cut social security Medicare to vet benefits because GOP over spends Typical