U.S. Politics in Real TimeSenate passes debt limit bill with 63-36 vote, allowing U.S. to avoid default
#UPInews #SenateDebtLimit #USdefault #ChuckSchumer #FederalBudget #EconomicPolicy #Politics #News
Poetry NewsThe US treasury is running low
Debt ceiling is at its precarious ebb
Agreement is needed soon
Things are looking quite gloom
What happens next, no one can foretell
#debtcrisis #debtceiling #usdefault #treasury #yellen #limerick #poetry
https://www.cnn.com/2023/05/17/economy/debt-ceiling-callout/index.html
BronMason For Kamala 2024NOT using the 14th Amendment in the face of US default on its debt is what’s UNconstitutional.
Congress already performed its Constitutional role by approving ALL the spending the debt is being incurred for.
AlicePaulIt’s amazing that an unimpressive dumb-shit like #KevinMcCarthy is actually the front runner in destroying life as we know it today, with an advanced timeline knocking #AI and #ClimateChange from the race.
Ian Stuart@Desertpaws If there is an economic catastrophe many among the rich will be ready and willing to exploit the turmoil for extra profits while regular folk suffer.
I have observed this from every major catastrophe from #nine11 to the #2008BankingCrisis to the #COVID19pandemic .
Probably the best way to avoid a default is if the rich felt they would be much worse off if we defaulted.
#blameTheRichIfWeDefaultOnOurDebt #taxOligarchs #taxTheRich #DebtCeiling #USdefault #USdebtCeiling
blherrou