“Tucked into the Senate GOP reconciliation bill is a🚨$5 TRILLION increase in the debt limit.
Full text of Senate BBB weighs in at 940 pages:”
-J Dupree
Democracy dies in darkness.
#BBB #Debt #Congress #Republicans #Deceit #DebtLimit #Austerity #Medicaid #Budget #TrumpRegime #Lies #USPol
https://www.budget.senate.gov/imo/media/doc/the_one_big_beautiful_bill_act.pdf
EU to profit from German infrastructure spending plans – analysts
https://www.cleanenergywire.org/news/eu-profit-german-infrastructure-spending-plans-analysts #Germany #debtlimit #security #infrastructure
https://www.cleanenergywire.org/news/eu-profit-german-infrastructure-spending-plans-analysts
"(Bloomberg) -- House #Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion #DebtLimit, offering a plan that risks rankling quarreling factions in the party....The budget would allow Congress’s tax-writing committees to increase the deficit by $4.5 trillion to accommodate tax cuts and calls for $2 trillion in cuts to mandatory spending such as Medicaid and farm subsidies."
https://finance.yahoo.com/news/house-gop-takes-first-step-151725015.html
About asylum-seekers at #gitmo …
“It’s a form of saber rattling because to actually get people there, to actually have people holding them, to actually have #infrastructure to support them — water, electricity, hospitals, food — would just be unbelievably expensive.
On the #alqaeda side, it costs like $1M a person/day…
To hold someone at #guantanamo.
It’s the most expensive #prison camp in the world.”
No savings here #elon
#fiscalresponsibility #DebtLimit #deportation
https://apple.news/Az7ElfP6cT_elKupKAyNCOA
#WaPo #Democrats flip the script, eyeing #debtlimit to block Trump’s agenda
#Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymie #Trump
"IN THE ROOM - H JEFFRIES inside closed Dem caucus meeting. “It's unconscionable, unacceptable, un-American to try to impose a single condition on providing disaster assist. to Americans in need."
JOHNSON has floated putting strings on CA wildfire aid.
He'll need Dem votes here."
-J Sherman
"Johnson says “there’s some discussion” within the HSE GOP about tying the🚨debt limit increase to the aid “but we'll see how it goes.”
-M Raju
Who'll win, Jeffries or Johnson?
"We're the team that wants to cut spending," [Speaker #MikeJohnson] said. "But you have to raise the #debtlimit on paper so that we don't frighten the bond markets and the world's economy."
The speaker of the US House said Sunday he was pushing an "aggressive" timeframe for getting a multi-trillion-dollar bill addressing immigration, tax cuts and more to Donald Trump's desk by April, within his first 100 days in office.
Janet Yellen tells Congress US could hit debt limit in mid-January
https://apnews.com/article/treasury-debt-limit-yellen-trump-elections-republicans-9c5d27c08feb744f5ee59dc2c87a06d5
#DebtLimit #Yellen #RepublicansDidThis #GOPKakistocracy #ResistFascism #GOPWeirdos #RacistGOP #NoRepublicansEverAgain #USPol
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14th, in a letter sent to congressional leaders Friday afternoon. The department has taken such action in the past. But once those measures run out the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow.
> Let’s not overthink this. Regardless of who suggested it [even Trump], any day we can say goodbye to the stupidest element of our political structure is a good day.
(I’m not sure it’s THE stupidest element because the competition is so stiff, but certainly very very stupid. )
#USpol #debt #DebtLimit #UScongress
The Debt Limit Should Absolutely Be Eliminated - The American Prospect https://prospect.org/blogs-and-newsletters/tap/2024-12-19-debt-limit-should-absolutely-be-eliminated/
Kim Perales
Clean Energy Wire
Georgiann Baldino
Deborah Sampson
FunGuy2PlayWith
jon zellweger
Go Weapons Hot
Democracy Matters 
Steven Zekowski