Republicans raise the debt ceiling by 4 trillion while kicking millions off insurance

Deb,
My big problem with whatever cuts get made is the fact that we have all become used to the status quo.
there are cuts that need to be made. The problem is whatever cuts get made people will have to suffer.
Instead of tactically cutting spending Trump carpet bombed the establishment. to the point of leaving agencies unable to do an effective job.
every job eliminated hurts someone, and that person hurt passes on the hurt to creditors wanting the house note or the credit card payment.

It is truly a conundrum I can see no answer for. Stay the way we are and continue spending like a kid that just graduated high school and got a load of money or inflict much pain and stress on individuals and our welfare system. not saying all will end up on the dole, but many will for at least some period of time.

If anyone has a way out, you will have my vote for president.

 

Of course I dont like fraud of any kind. People who commit fraud should be put in jail. That's much different than not paying off your college loans. The issues mainly are future students not reading the loan paperwork.

I think a happy medium might be to either freeze the interest on the loan debt or lower they interest to say 3%. Really though, these students if they are dumb enough to sign a loan to go to school and pick a profeesion that doesn't pay well enough to payoff those loans then that's on them. I certainly shouldn't have to help payoff their bad decisions. On another note, are these future students really the best and the brightest?

 

I'm for carpet bombing the system. There were many of these people who hadn't been to work in years that actually had 2 jobs.

55 years of bad policy and put on steroids by Covid/ Inflation Reduction Act, yeah there was always going to be pain. the question is how do we want to leave things for our kids/grandkids?

 

i totally see both sides.
All we have to do is look at this board to see how deeply divided many are on this issue.
I'm more of a less government guy, but the part about shifting the Burdon from a paycheck to dependance on the welfare system is a real thing.

 

LOL, you really dont get it do you. HES NOT ACTUALLY SAVING ANY SIGNIFICANT AMOUNT OF MONEY. HES ADDING TO THE DEBT. HE WANTED TO RAISE THE DEBT CEILING.

Carpet bombing hurts MILLIONS AND MILLIONS of people including us with all the cuts he's making.

I cannot explain it to you any clearer than that.

 

Dude there is not both sides of the issue. REPUBLICANS ARE ADDING to the debt while making a bunch of cuts. You are getting the worst of both worlds.

 

Paying off the loan isn't the only part if the issue. Having terms change and deceitful practices are not okay and have saddled people unfairly.

 

A future of less debt, a country that believes in borders, a country who's judges rule on the constitution, a country that believes in putting the American workers 1st and makes our own goods, a country that believes American land should owned by Americans. A country that doesn't give money to foreign lands for a bunch of crap etc....

 

Should've read the contract, it's the same as buying a house on an ARM. They're supposed to be the best and the brightest surely that can read and comprehend the information in a contract.

 

My statement was more of a philosophical point of view.
There are those who want to burn it down and start over
and there are those ok with the status quo.

I have looked at the projected numbers of the cbo on the bill.
the math does not work.

My statement was pretty much some cuts need to be made, surgically. We can't continue as we are, but no one wants to feel pain.

I am a Veteran but firmly believe we need to scale back military spending, but at what point do you stop without dwarfing our capacity to defend ourselves and others that have alliances with us.

I firmly believed DOGE was never going to work, just because of sheer magnitude of our spending issues.
We have dug such a hole we can't see the top of where we started digging.
It's like a drug addict, that is so hooked that all they think of is the next fix, not what is going to happen 5 years down the road. They just need to be high right now and damned be the rest.

Hope it makes sense. Words in my brain do not aways translate to script. Thats why we need more firepit conversations with a bong and some Tito's.

 

He's saving money if Congress will Codify the Doge cuts., You basically have admitted he's making cuts when you said his cuts are hurting MILLIONS of Americans. You know how to hurt MANY MORE Americans in the future? Not make these cuts. Let me ask you an honest question, how much have you suffered since Trump's been in office?

Like I said, there was always going to be pain because of 55 yrs of bad policy. This really is about accepting short term pain for a brighter future vs people who dont care about the future they only care about the present.

Me I'm a futures guy, you apparently only care about the here and now. Believe me I've got many family/good friends that think like you do.

 

Just one question.
Could you Invision your son or daughter down in the Lower Rio Grande Valley picking Cantaloupes?
No way I can ever envision that with my son.
Who is going to get you those groceries??

We have developed a system that depends on immigrant help but does not want to pay them fairly.
It's out dirty little secret. If we pay them fairly, we pay 2X as much for our fruit salad. What's it going to be is the question.

 

Depends on if you believe the CBO Scores, I dont and they're wrong more often than they're right.

Also I'm waiting for Powell to lower interest rates, it would really help the people I serve in my company to do more business. Oh well I guess I probably will be waiting until 2026 Trump can replace Powell. There's really no reason for Powell to not lower the interest rates other than for political reasons. BTW, anybody know when Powell's term is up?

 

What's going on now is a totally different situation than the border invasion that went on under Biden.

Just go back to the HB-1 Visa system.

 

I get it.
My overwhelming thought though is.....
Be careful what you wish for.

1) Mexicans are asked to leave or get deported.
2) No one is around to pick the crops.
3) Interview people to pick crops.
4) People have to pay the minimum wage to employ said interviewees
5) People realize they are working way to hard, and no one wants these jobs
6) Said employees reach out to become a branch of say some pickers union.
7) Union comes in, negotiates a fair contract for the workers.

8) Your watermelon that cost 4.99 is now 10 bucks.

I'm not in any way saying the system is just at this current time, but this will most likely be a scenario in the next few years.

 

Because we still haven't hit the Fed's target inflation of 2%?

 

2.4 is pretty darned close seeing what inflation was during the during the Biden administration and its only been about approximately 120 days.

BTW, when is the last time the CBO has gotten their projections right?

 

The opposite with Trump when it comes to his brown shirts in charge of justice kissing the criminal and corrupt leader's butt. Trump loves building and enriching his companies in foreign lands in exchange for political favors.

 

Here lies the problem when you have a white collar criminal in charge.

Medicare fraudsters who stole billions in fraud from Medicare, got pardoned by Trump. It's as hypocritical as it gets to cut billions in healthcare over so called "fraud and waste" while giving the biggest white collar criminals committing the fraud a free ride. Make that make sense.

Trump Grants Clemency to Executive Who Orchestrated $205M Medicare Fraud Scheme

Republicans have claimed they’re “saving” Medicaid from “waste, fraud and abuse” with massive cuts.

This was, at the time, the largest therapy-related Medicare fraud scheme in history, with hundreds of thousands of false claims. Duran was sentenced to 50 years in prison, and he and other collaborators were ordered to pay $87 million in restitution.

https://truthout.org/articles/trump...-who-orchestrated-205m-medicare-fraud-scheme/

He also commuted the sentences of several individuals convicted of Medicare fraud in 2020. This included:

Philip Esformes: Convicted in 2019 for his role in a $1.3 billion Medicare and Medicaid fraud scheme. He was sentenced to 20 years, but his sentence was commuted in December 2020.

Daniela Gozes-Wagner: Sentenced in 2019 to 20 years for falsely billing Medicare and Medicaid for over $28 million in unnecessary tests. Her sentence was also commuted in 2020.

Judith Negron: Former owner of a mental health company involved in a $205 million Medicare fraud scheme. Her 35-year sentence was commuted in February 2020.

By the way, I too believe student loans should be repaid, but the healthcare cuts are BS when the biggest healthcare fraudsters of all get pardons by Trump.

Where's your outrage on this? All that money owed to the government and victims just wiped away by Trump himself.

 

You’re right that some painful decisions may be needed — but pretending this only comes in the form of cuts, or that we’re too far gone to fix it, is just another form of letting the status quo rot.

You acknowledged Republicans are adding to the debt while cutting services. That’s exactly the problem: we can’t cut our way out while also giving away revenue through tax breaks for the wealthy and corporations.

Real reform means: ending pointless subsidies, trimming bloat (including in defense), fixing the tax code, and growing the economy. That’s not idealism — that’s basic fiscal strategy.[/QUOTE]