Trump Takes US Into Debt Crisis - Cult Mute

[gruffstuff]

I thought - "Conservative" - meant Fiscal Responsibility - Balanced Budgets?

In 1956 perhaps 

https://www.politifact.com/truth-o-meter/statements/2014/oct/28/facebook-posts/viral-meme-says-1956-...

Viral meme says 1956 Republican platform was pretty liberal

1. Provide federal assistance to low-income communities;

2. Protect Social Security;

3. Provide asylum for refugees;

4. Extend minimum wage;

5. Improve unemployment benefit system so it covers more people;

6. Strengthen labor laws so workers can more easily join a union;

7. Assure equal pay for equal work regardless of sex.

Look at them now

If you want to go back to the 1956 in politics vote Democrat, not Republican.

If you want to go back to 1856 in politics  vote Republican not Democrat. 

[mickstuder]

---

@gruffstuff wrote:

Trump Takes US Into Debt Crisis - Cult Mute

Don't worry, be happy, we can always give billionaires another tax cut and everyone else another hair cut.

---

I thought - "Conservative" - meant Fiscal Responsibility - Balanced Budgets?

[gruffstuff]

Trump Takes US Into Debt Crisis - Cult Mute

Don't worry, be happy, we can always give billionaires another tax cut and everyone else another hair cut.

[mickstuder]

Why Trump - The King of Debt -  is making Wall Street so jumpy  

Sometime in the second half of 2019, the Treasury Department will lose the ability to borrow if Congress and President Donald Trump can't agree on how to get around the cap.   

Federal borrowing is no small matter, especially since the federal government is expected to spend about $1 trillion more this year than it will bring in. It must borrow to make up the difference and make good on all of its obligations to federal contractors, working Americans, investors, other nations and countless other creditors.

 

The talks are playing out in the wake of Trump's tax reform, which increased the deficit. The President -- who long ago proclaimed himself "the King of Debt" -- has nevertheless promised to raise defense spending, and White House officials have actively sought ways to increase the military budget without Congress, drawing objections from Democrats.

Mulvaney has also made clear in conversations with congressional Republicans that he objects to removing caps on domestic spending, according to multiple senators and GOP aides -- though Democrats who control the House have made clear that is a non-starter.

Source - Reality - https://www.usdebtclock.org/

https://www.cnn.com/2018/12/31/investing/debt-ceiling-markets/index.html

https://www.cnn.com/2019/05/11/politics/congress-debt-ceiling/index.html