Biden, House Republicans seek debt-ceiling deal as US default looms

[Chris]

Biden, House Republicans seek debt-ceiling deal as US default looms
Two opposing sides of the US government appear to have different ideas of how debt ceiling conversations are going.
By REUTERS

President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy entered a critical week for debt-ceiling talks hoping they can find common ground on spending levels and energy regulations to avert a devastating default

Ahead of a planned Tuesday sitdown between Democrat Biden, McCarthy, and the three other top congressional leaders, the two sides did not appear close to an agreement. The White House has not ruled out the annual spending caps that Republicans say must accompany any increase in the nation's $31.4 trillion debt limit.

more............. https://www.jpost.com/breaking-news/article-743129

 

[jab777]

Biden, House Republicans seek debt-ceiling deal as US default looms
Two opposing sides of the US government appear to have different ideas of how debt ceiling conversations are going.
By REUTERS

President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy entered a critical week for debt-ceiling talks hoping they can find common ground on spending levels and energy regulations to avert a devastating default

Ahead of a planned Tuesday sitdown between Democrat Biden, McCarthy, and the three other top congressional leaders, the two sides did not appear close to an agreement. The White House has not ruled out the annual spending caps that Republicans say must accompany any increase in the nation's $31.4 trillion debt limit.

more............. https://www.jpost.com/breaking-news/article-743129

The bottom line is Biden doesn’t care if our nation defaults. He wants to keep spending like the Potomac River in flood with no cuts to the budget. He said that Congress should just increase the debt ceiling and down the road he will “consider” negotiating about cuts to the budget. It’s a crying shame that most of the folks in Congress or the Executive branch have never studied economics or haven’t learned to do math. Nothing but a bunch of “maroons” in the words of Bugs Bunny. They don’t care and just want what they want. Cloward-Piven anyone?

 

[Carl]

The bottom line is Biden doesn’t care if our nation defaults. He wants to keep spending like the Potomac River in flood with no cuts to the budget. He said that Congress should just increase the debt ceiling and down the road he will “consider” negotiating about cuts to the budget. It’s a crying shame that most of the folks in Congress or the Executive branch have never studied economics or haven’t learned to do math. Nothing but a bunch of “maroons” in the words of Bugs Bunny. They don’t care and just want what they want. Cloward-Piven anyone?

Sadly I think enough of them know what they are doing to change things if they want to. It isn't complicated. They make is seem complicated.
Lord!