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Appears the 'Inflation Reduction Act' was wrongly named, should be the 'Inflation Increasing Act'

Dawg

President
Supporting Member
How do we go bankrupt if there is no ceiling to reach?
Good Question
I have a feeling someday there will be a broke ceiling in WE THE PEOPLES homes

Isn't inflation 10+% now?
 
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Number_58

I'm one of the deplorables lefty warns you about.
How do we go bankrupt if there is no ceiling to reach?
What I always find humorous is Democrats saying "If Republicans don't approve the budget we've submitted and agree to raise the debt ceiling so we can pay for this, the Republicans will cause us to default."
 

Dawg

President
Supporting Member
What I always find humorous is Democrats saying "If Republicans don't approve the budget we've submitted and agree to raise the debt ceiling so we can pay for this, the Republicans will cause us to default."
DO NOT TRY THAT AT HOME
 

Dawg

President
Supporting Member

EatTheRich

President
What I always find humorous is Democrats saying "If Republicans don't approve the budget we've submitted and agree to raise the debt ceiling so we can pay for this, the Republicans will cause us to default."
Raising the debt ceiling means paying for things already purchased.

Annualized spending increases by president:

Reagan (R): 7%
Bush (R): 5%
Clinton (D): 4%
Bush (R): 8%
Obama (D): 2%
Trump (R): 16%
Biden (D): minus 9%
 
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Dawg

President
Supporting Member
Raising the debt ceiling means paying for things already purchased.

Annualized spending increases by president:

Reagan (R): 7%
Bush (R): 5%
Clinton (D): 4%
Bush (R): 8%
Obama (D): 2%
Trump (R): 16%
Biden (D): minus 9%

What did China pay for in advance
A bombshell Biden story — and the media dutifully ignore it (msn.com)


The problem is the President and Gov spending way more than they have

A US debt crisis will arrive sooner as banking turmoil hits the economy and federal revenue, strategist says (msn.com)

Politicians need stop breaking the STOCK ACT (embedded)

78 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest
Insider and several other news organizations have identified 78 members of Congress who've recently failed to properly report their financial trades as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.
Congress passed the law a decade ago to combat insider trading and conflicts of interest among their own members and force lawmakers to be more transparent about their personal financial dealings. A key provision of the law mandates that lawmakers publicly — and quickly — disclose any stock trade made by themselves, a spouse, or a dependent child.
But many members of Congress have not fully complied with the law. They offer excuses including ignorance of the law, clerical errors, and mistakes by an accountant. Insider has chronicled this widespread nature of this phenomenon in "Conflicted Congress," an ongoing reporting project initially published in December 2021.
While lawmakers who violate the STOCK Act face a fine, the penalty is usually small — $200 is the standard amount — or waived by House or Senate ethics officials. Ethics watchdogs and even some members of Congress have called for stricter penalties or even a ban on federal lawmakers from trading individual stocks.
On Capitol Hill, lawmakers seriously debated such a ban, with a vote on a consensus bill seemingly imminentduring early autumn. But Democrats, who enjoyed majorities in the House and Senate through January 2023, did not press legislation forward, and a bill to ban lawmakers from trading stocks ultimately died.
A Republican-controlled House and Democrat-controlled Senate would need to work together in 2023 and beyond to reignite a congressional stock-ban effort.
Here are the lawmakers discovered to have recently violated the STOCK Act — to one extent or another:
 
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Number_58

I'm one of the deplorables lefty warns you about.
Raising the debt ceiling means paying for things already purchased.

Annualized spending increases by president:

Reagan (R): 7%
Bush (R): 5%
Clinton (D): 4%
Bush (R): 8%
Obama (D): 2%
Trump (R): 16%
Biden (D): minus 9%
And that has jackshit to do with what I posted.

Thanks for playing...
 

Number_58

I'm one of the deplorables lefty warns you about.
The fact that the Republicans if anyone are the party of big spending and raising the debt ceiling doesn’t mean approving higher spending had nothing to do with what you posted?
No...the President proposes his budget then the House decides the final budget, the spending, and where that spending will go. Which President passed the last Omnibus spending package?
 

EatTheRich

President
No...the President proposes his budget then the House decides the final budget, the spending, and where that spending will go. Which President passed the last Omnibus spending package?
Biden did, and his budget called for less spending than the House allocated and less than the last budget signed by Trump.
 

RickWA

Snagglesooth
And that has jackshit to do with what I posted.

Thanks for playing...
It’s also abject BS. Biden -9%

LOL!

Commie leftists trying to deduct COVID benefits crap that timed out as affirmative economic stewardship. Biden has been overwhelmingly irresponsible in the spending realm. Further, these commies excise Congress who leads the spending charge.

Never. Believe. Leftists.
 

Number_58

I'm one of the deplorables lefty warns you about.
Biden did, and his budget called for less spending than the House allocated and less than the last budget signed by Trump.
How did Biden pass a budget without it going through Congress? And, if it was the budget proposed by Congress, how is that "Biden's" budget or Biden's Omnibus bill?
 

Number_58

I'm one of the deplorables lefty warns you about.
It’s also abject BS. Biden -9%

LOL!

Commie leftists trying to deduct COVID benefits crap that timed out as affirmative economic stewardship. Biden has been overwhelmingly irresponsible in the spending realm. Further, these commies excise Congress who leads the spending charge.

Never. Believe. Leftists.
PJ leftists = The 4th Reich Ministry of Public Enlightenment and Propaganda
 
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