Republicans increase debt by $9 trillion to repeal Obamacare
WASHINGTON — Sens. Ted Cruz and Marco Rubio have been adamant — the federal debt is way too high and has to be tamed fast. Cruz, a Republican from Texas, helped lead the 2013 fight against raising the debt limit, a fight that resulted in a partial government shutdown. Rubio, a Republican from Florida, in announcing…
15 responses to Republicans increase debt by $9 trillion to repeal Obamacare
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oldfart January 8th, 2017 at 08:12
“We do not accept the underlying assumptions,”
Nor do we ever accept responsibility for our mistakes…
whatthe46 January 8th, 2017 at 08:29
they don’t make “mistakes.” they make ‘on purposes.’ and will not take responsibility for their “on purposes” that result in failure.
Suzanne McFly January 8th, 2017 at 08:30
They will say PBO was President when they created this huge eff up, so it must be his fault.
whatthe46 January 8th, 2017 at 08:52
absolutely. hell, you have idiots like that black brainless bitch, tRumps spox saying it was Obama’s fault that 9/11 happen. i hate these people with a passion.
Suzanne, check your message.
Suzanne McFly January 8th, 2017 at 09:04
Yes ma’am!!!
Suzanne McFly January 8th, 2017 at 08:29
Still choosing party of country I see.
Willys41 January 8th, 2017 at 08:30
republicans have NEVER been fiscally responsible. Spend more & cut taxes & drive the economy straight into the ditch. That’s reaganomics.
whatthe46 January 8th, 2017 at 08:54
then have a Dem come in and clean up their mess. this time around will take someone like Obama or 4 terms to fix. this is one big mess.
KABoink_after_wingnut_hacker January 8th, 2017 at 08:56
republican administrations always spend like drunken sailors and drive the economy https://uploads.disquscdn.com/images/de69c3beb0181dd6883bc43776bf9671e72fbff3e375c5350b1586c7dda76f07.jpg https://uploads.disquscdn.com/images/13029a7b517f98e2f1fccf79b6996c9f93de34bb03733bd64b00c2f173bbdeb6.png to ruin.
They only complain about debt when Democrats are in power.
These hypocrites and shysters are shamelessly predictable.
StoneyCurtisll January 8th, 2017 at 09:32
Lets see if Donald Trumpbag takes credit for that massive increase in the national debt.
Tommie January 8th, 2017 at 11:00
He will just make Mexico pay for our debt along with that wall! Haha!
StoneyCurtisll January 8th, 2017 at 11:25
Of Course..
And his followers will believe it…
labman57 January 8th, 2017 at 09:50
Trump and congressional Republicans are not against massive federal spending and generating hyuuuge federal deficits, per se. That is a fallacy.
They are against significant federal spending on programs to which they are ideologically opposed. Spend a trillion dollars invading other nations (especially in the Middle East), and it’s all good. Create trillions more in national debt by repealing the ACA, and they’ll dance in the streets.
Spend hundreds of billions more to ramp up a global nuclear arms race or squander tens of billions to build a border wall, and they’ll call it an act of patriotism.
Angelo_Frank January 8th, 2017 at 13:33
The additional $9T debt should be divided up among those that voted to continue Republican leadership in Congress and put that Russian puppet Trump in the presidency.
SteveD January 8th, 2017 at 22:09
‘What the public understands, she (Maya MacGuineas) said, is that in their daily lives, they look at their budget first and then decide what to buy.’
The CRFB (MacGuineas’ “organization”) parrots the incredible LIE that federal financing is like personal financing, that federal taxes fund federal spending, and that the federal government should run a balanced budget.
The ABSOLUTE truth:
1. Federal financing is not like personal financing.
2. The federal government is Monetarily Sovereign; people are not. (People need income, the federal government does not need ANY income source.)
3. Federal taxes do not fund federal spending.
4. Balanced budgets are recessionary. Any time the federal government runs a balanced budget or even reduces deficit growth, we have a recession or a depression:
https://fred.stlouisfed.org/graph/image.php?g=jnb
5. The federal debt is nothing more than bank savings deposit accounts at the Federal Reserve Bank. Growing account balances at any bank, including savings (DEBT) accounts @ Federal Reserve Bank, burden absolutely no one. No burden at all for current or future taxpayers!
6. The sole limitation to federal deficit spending is an unacceptable level of inflation…The federal govt. (via the Fed) has methods to prevent too much inflation…these include federal tax collection (reduces money supply), federal borrowing (removes liquidity from the economy by tying up US dollars in savings accounts at the Fed) and the Fed itself, which sets the interest rate floor (thereby preserving the VALUE of the US dollar).