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Old September 7th, 2017, 03:17 PM   #11
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It appears President Trump has found a new ally in Congress: the Democrats whose plan - derided earlier by Paul Ryan - to keep any 'fix' for the debt-ceiling, short-term; was approved over the Republicans' howls of objection. As The Hill reports, President Trump agreed with top congressional Democrats at a White House meeting to fund the government and raise the debt ceiling through Dec. 15. despite objections from virtually all GOP leaders.

"In the meeting, the President and Congressional leadership agreed to pass aid for Harvey, an extension of the debt limit, and a continuing resolution both to December 15, all together," Senate Minority Leader Charles Schumer (D-N.Y.) and House Minority Leader Nancy Pelosi (D-Calif.) said in a joint statement.

While the report give the impression of delightful civility, the reality was rather different, as Trump concluded a deal with Schumer, Pelosi et al behind Ryan and McConnell's backs.


Republicans Furious As Trump Sides With Democrats On Short-Term Debt Limit Extension | Zero Hedge

The theatre just keeps telling everyone the truth and nobody wants to listen.
Politically speaking, I believe Trump did this to light a fire under the Repubs. He may be thinking that the Republicans up for reelection need him more than he needs them!
Trump may be correct in this. That hard 35% supports Trump first, and those Repubs second! This is why the Repubs cannot cross him, and are reticent about publicly disagreeing or criticizing him!
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Old September 7th, 2017, 04:29 PM   #12
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RINOs got what they asked for.

Trump has a vision, he doesn't care if it is funded by Democrat or Republican support.
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Old September 7th, 2017, 04:38 PM   #13
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Originally Posted by titan View Post
But not unlimited.

congress could have said: we'll just borrow whatever (however much) we want.
They wanted the fig-leaf of a limit.

But when has the U.S. federal debt limit actually ever limited spending?

Oh, we'd like to fund this pet project, but there's not enough in the treasury to cover it, so we'll just have to skip it for now.

I don't recall that ever happening.

Let's be unambiguously clear here.

President Trump is force-feeding the Republican congressional caucus of both houses a crap sandwich on this one.
Amazingly, the Democrats have simply out-maneuvered McConnell & Ryan on this one.

And it may just help hand one or both houses back to Democrat control in 2019.
And Trump isn't sophisticated enough to think that far ahead: for Trump got his deal.
AND can be praised for being a bipartisan president.
The debt limit isn't there to limit the debt, it's just a technicality, one of those silly peculiarities that emerge under our constitution and our history.
Like Employer funded Health Care, fluke of history, it makes no sense whatsoever.
There are only two ways to limit the debt, raise taxes or cut spending.
Now if the congress votes to set a tax rate that will raise X dollars, and then it votes to spend Y dollars, it's already voted to raise the debt by (Y-X).

Why would it have to vote on that again?
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Old September 7th, 2017, 04:42 PM   #14
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Politically speaking, I believe Trump did this to light a fire under the Repubs. He may be thinking that the Republicans up for reelection need him more than he needs them!
Trump may be correct in this. That hard 35% supports Trump first, and those Repubs second! This is why the Repubs cannot cross him, and are reticent about publicly disagreeing or criticizing him!
I agree it's a political calculation, Trump is getting fed up with the GOP leadership being unable to deliver anything, so he's trying to shake it up.
Maybe he gets something that works for him, maybe he doesn't, but what's there now, if it stays in place, adds up to zero for him.
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Old September 7th, 2017, 06:33 PM   #15
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"The debt limit isn't there to limit the debt" g #13
Do you ever read what you write?
Quote:
"it's just a technicality, one of those silly peculiarities that emerge under our constitution and our history." g
Please quote the Constitutional article and section which designates a U.S. federal debt limit.

And if it is indeed a Constitutional requirement, please explain why congress doesn't merely designate the next limit as $infinity, and be done with it.

LOOKIT !!

I'm a deficit hawk. President titan would insure budget surpluses were run, so the principle on the U.S. federal debt could be paid down, & then paid off.

The debt limit isn't doing that.
And the Republicans are in an IDEAL situation to do an end-run around their politically treacherous president, and SOLVE THIS PROBLEM FOR PERPETUITY.
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Old September 7th, 2017, 06:35 PM   #16
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note: "principle" > principal
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Old September 8th, 2017, 02:11 PM   #17
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Originally Posted by TNVolunteer73 View Post
RINOs got what they asked for.

Trump has a vision, he doesn't care if it is funded by Democrat or Republican support.
Vision or otherwise, Repubs are caught between the proverbial rock and a hard place: cross Trump, and face backlash from his hardcore 35%, or support him; along with some of his most controversial positions!
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Old September 8th, 2017, 03:00 PM   #18
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I still say this is tRump showing the GOP Congresscritters that they'd better dance to his tune.
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Old September 8th, 2017, 03:59 PM   #19
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Don't fall for their false equivalency bullshit. The internet spawned a right wing media that has shifted the Republican Party to the right extreme. Democrats behave nothing like them. If we had the presidency and both houses of Congress, we would be going to town. They still can't govern with that advantage. Both sides are not the same at all.
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Old September 8th, 2017, 04:06 PM   #20
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And that's why Republican's on the Hill toe the line on ALL the Obama shit. They are NOTHING alike. Spamelot is an imbecile.
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