Jump to content

McCarthy Plans To Cut Debt By Gutting Funds For Veterans


Tiberius

Recommended Posts

4 minutes ago, JDHillFan said:

Do you expect the democrat controlled senate to defy a good American president? Could be that Schumer and crew are upset that Biden negotiated after months of saying he wouldn’t. 

No, I expect the Freedom Caucus to be angry there isn't more pain being inflicted on poor people 

Link to comment
Share on other sites

1 hour ago, JDHillFan said:

Do you expect the democrat controlled senate to defy a good American president? Could be that Schumer and crew are upset that Biden negotiated after months of saying he wouldn’t. 

Think it needs to get through Congress again too because it’s different 

1 hour ago, Tiberius said:

No, I expect the Freedom Caucus to be angry there isn't more pain being inflicted on poor people 

More pain, as in do something for all these free hand outs. 

Link to comment
Share on other sites

8 minutes ago, Over 29 years of fanhood said:

Think it needs to get through Congress again too because it’s different 

More pain, as in do something for all these free hand outs. 

Yes and there’s a good chance Freedom Caucus members vote against. Will house dems defy Biden? Surely some will but the dems can’t risk non-passage. 

Link to comment
Share on other sites

 

 

 

Nice touch with the "Biden" in the headline, like he was involved.

 

 

 

Biden, McCarthy reach debt ceiling deal to avoid default

The Hill [DC], by Mike Lillis

 

Top leaders in both parties reached a long-sought deal on Saturday to avoid an unprecedented government default, announcing an agreement on a plan to lift the debt ceiling immediately and apply new caps on federal spending in the name of curbing deficits, according to sources familiar. To get there, negotiators had to iron out their differences on a small but crucial list of outstanding issues that had dogged the talks in recent days, including lower spending levels, new work requirements for social benefit programs and permitting reforms to expedite approval of energy infrastructure projects

 

https://thehill.com/homenews/house/4023783-debt-ceiling-deal-reached/amp/

Link to comment
Share on other sites

21 minutes ago, Over 29 years of fanhood said:

Think it needs to get through Congress again too because it’s different 

More pain, as in do something for all these free hand outs. 

Some people need help, why does that stir your hate? 

Link to comment
Share on other sites

 

 

 

MCCARTHY GETS DEBT-CEILING DEAL — WITH WORK REQUIREMENTS:

 

“Biden and Chuck Schumer lost this weeks ago, and now they just caved.

 

It would not surprise me if the Democrats knew this was coming all along, and they merely waited for a holiday weekend to give them enough cover to pull the trigger.”

 

 

https://hotair.com/ed-morrissey/2023/05/27/auto-draft-89-n553964

Link to comment
Share on other sites

1 hour ago, redtail hawk said:

This was a stupid, dangerous political game but in the end a reasonable compromise was found.  Gives me some hope for a more functional government.

 

I am not confident.

This "government" would never survive in the objective, corporate world, or as any business I can imagine surviving.

 

The only solutions occur in crisis mode, when horrible consequences are the threat.

There is no attempt at "governing."

 

It is completely pathetic, and a literal, legislative civil war.

 

  • Agree 2
  • Thank you (+1) 2
Link to comment
Share on other sites

7 minutes ago, sherpa said:

 

I am not confident.

This "government" would never survive in the objective, corporate world, or as any business I can imagine surviving.

 

The only solutions occur in crisis mode, when horrible consequences are the threat.

There is no attempt at "governing."

 

It is completely pathetic, and a literal, legislative civil war.

 

There are rumblings about whether or not certain cacus group on either side of the aisle will support the deal when it comes to a floor vote.

  • Like (+1) 1
Link to comment
Share on other sites

8 minutes ago, All_Pro_Bills said:

There are rumblings about whether or not certain cacus group on either side of the aisle will support the deal when it comes to a floor vote.

 

Ya, and we need that.

Complete dysfunction.

Link to comment
Share on other sites

7 minutes ago, Tiberius said:

 

great news for all Americans. 

 

SMH

 

 

Here's what's in it;

The deal raises the debt ceiling by roughly $4 trillion for two years, and is consistent with the structure of budget deals struck in 2015, 2018 and 2019 which simultaneously raised the debt limit.

According to a GOP one-pager on the deal, it includes a rollback of non-defense discretionary spending to FY2022 levels, while capping topline federal spending to 1% annual growth for six years.

After 2025 there are no budget caps, only "non-enforceable appropriations targets."

Defense spending would be in-line with what Biden requested in his 2024 budget proposal - roughly $900 billion.

The deal fully funds medical care for veterans, including the Toxic Exposure Fund through the bipartisan PACT Act.

The agreement increases the age for which food stamp recipients must seek work to be eligible, from 49 to 54, but also includes reforms to expand who is eligible.

Claws back "tens of billions" in unspent COVID-19 funds

Cuts IRS funding 'without nixing the full $80 billion' approved last year. According to the GOP, the deal will "nix the total FY23 staffing funding request for new IRS agents."

The deal includes energy permitting reform demanded by Republicans and Sen. Joe Manchin (D-WV)

No new taxes, according to McCarthy.

Edited by Chris farley
  • Like (+1) 1
Link to comment
Share on other sites

×
×
  • Create New...