Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Next Up for GOP Congress: Raising the Debt Ceiling
The Wall Street Journal ^ | July 30,2017 | Kate Davidson

Posted on 07/30/2017 1:51:24 PM PDT by Hojczyk

Treasury Secretary Steven Mnuchin says federal borrowing limit must increase by Sept. 29, giving lawmakers little time after recess to act

Republicans are leaving town for an August recess after a failed attempt to repeal the Affordable Care Act. When they return in September, they’ll have just 12 working days to avert another big problem.

In a letter to lawmakers Friday, U.S. Treasury Secretary Steven Mnuchin said the federal borrowing limit, or debt ceiling, needed to be raised by Sept. 29 or the government risked running out of money to pay its bills.

(Excerpt) Read more at wsj.com ...


TOPICS: Crime/Corruption; Government
KEYWORDS: debt; inflation; nationaldebt
Navigation: use the links below to view more comments.
first 1-2021-26 next last

1 posted on 07/30/2017 1:51:24 PM PDT by Hojczyk
[ Post Reply | Private Reply | View Replies]

To: Hojczyk

I can think of a few things to cut ...


2 posted on 07/30/2017 1:54:34 PM PDT by ClearCase_guy (Islam: You have to just love a "religion" based on rape and sex slavery.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Maybe they should never come back..

Six weeks off...Maybe we should have a six week general strike.

No tax money for the fools to spend..

Trump should call them back..if they do not come he should make recess appointments


3 posted on 07/30/2017 1:54:46 PM PDT by Hojczyk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Just do it. It’s not a game. It’s a necessity.


4 posted on 07/30/2017 1:55:36 PM PDT by Sacajaweau
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Come on, we all know they’ll be the mama in prison once again.

They always have.

They always will.


5 posted on 07/30/2017 1:57:39 PM PDT by Da Coyote
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Why not bring back the (quaint) notion of not spending money that you ain’t got?


6 posted on 07/30/2017 1:58:20 PM PDT by OttawaFreeper ("If I had to go to war again, I'd bring lacrosse players" Conn Smythe)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Oh, that will sail through no problem. Both parties LOVE spending our money and that yet to be earned by our grandchildren.


7 posted on 07/30/2017 2:00:26 PM PDT by econjack
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

If it’s not raised, “government shutdown”.... in which the executive decides what to spend ;)


8 posted on 07/30/2017 2:02:35 PM PDT by Principled (OMG I'm so tired of all this winning...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

RINOs and Democrats will demand concessions to raise the limit.
Media will say they are doing a wonderful thing and that a ‘clean’ debt-limit hike is a bad thing...

You know, just the opposite of what the media said when Obama was there.


9 posted on 07/30/2017 2:03:42 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

At least nobody is talking about actually living within their means.


10 posted on 07/30/2017 2:15:27 PM PDT by eyeamok (Idle hands are the Devil's workshop)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mrsmith

Trump should not sign it and close the government for a year..

Send them all home with no pay ...and you do not get a paid vacation like last time


11 posted on 07/30/2017 2:17:22 PM PDT by Hojczyk
[ Post Reply | Private Reply | To 9 | View Replies]

To: Hojczyk

No. Cut spending. Or, cut a dollar of spending for every dollar increase in debt limit. Start with Planned Parenthood, PBS, sanctuary cities, federal funds to schools that give illegal aliens in-state tuition while denying it to US citizens, etc.


12 posted on 07/30/2017 2:22:49 PM PDT by Reno89519 (Drain the Swamp is not party specific. Lyn' Ted is still a liar, Good riddance to him.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sacajaweau
Just do it. It’s not a game. It’s a necessity.

After much gnashing of teeth and more kabuki theater, Mitchie and Paul Ryno will do it and act like it is an accomplishment.

Here comes $21 TRILLION Deficit!

BTW, who [realistically] thinks President Trump will be able to get Tax Cuts out of this congress?

13 posted on 07/30/2017 2:23:34 PM PDT by The Sons of Liberty (Imagine if the RINOs and socialist dems were working for the good of The Country!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Hojczyk

Trump doesn’t sign unless the debt ceiling bill includes Obamacare repeal and tax reform.

Congress is stupid.

Trump now has the advantage.

Go Trump - MAGA
Go Melania AKA Lady MAGA

Pepe is pleased


14 posted on 07/30/2017 2:31:51 PM PDT by HombreSecreto (The life of a repo man is always intense)
[ Post Reply | Private Reply | To 11 | View Replies]

To: ClearCase_guy
Trump should veto any debt ceiling increase until the GOPE puts on his desk the exact same ObamaCare repeal bill they put on Obama’s desk. Time to play hardball with these liars.
15 posted on 07/30/2017 2:44:54 PM PDT by GOPe Means Bend Over Spell Run (GO GALT - VOTE TRUMP!!!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Hojczyk

This one is easy.

Fedzilla needs more money.

Fezilla ALWAYS gets what Fedzilla wants.


16 posted on 07/30/2017 3:00:07 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Da Coyote

The story will be we can’t fight this battle because of XYZ, pick one but will make our stand the next time promise! Like you promised on repealing Obamacare and cutting taxes, right.


17 posted on 07/30/2017 3:09:17 PM PDT by sarge83
[ Post Reply | Private Reply | To 5 | View Replies]

To: All

Simple, balance the current “CR”/budget and no ceiling increase is needed! And next year go for a bit of a surplus to start paying down the debt.


18 posted on 07/30/2017 3:14:15 PM PDT by Drago
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lurkinanloomin

“Fedzilla needs more money.”

So...PRINT some!!! Problem solved! /s


19 posted on 07/30/2017 3:24:58 PM PDT by Frank_2001
[ Post Reply | Private Reply | To 16 | View Replies]

To: Hojczyk
I've been a big advocate of the president not signing this for about 4 or 5 months now as I believe this is a critical moment and its time to make senators and their major donors pay. Anything the administration can do to affect major donors governmental business in a negative fashion should be brought to bare/bear?? inverse lobbying.

President Trump I think you should not sign the CR unless

Otherwise ... shut'er down they ain't doing anything thing anyhow - sorry no pork for you!

20 posted on 07/30/2017 3:44:09 PM PDT by datricker (Why are Trump lawyers on TV and not Hillary's - Lock her up! Lock her up!)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-26 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson