Why the stakes of the debt ceiling fight are so high

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Ali Velshi: If House Republicans 'decide not to lift the debt celling, it will undoubtedly start a fiscal showdown that will have major consequences for the American people—probably for the globe.'

 

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Set up cocaine dispensaries in the country of origin, i.e. Colombia, develop “Designer Lounges” to attract tourists with a network of profit distribution to poor communities, receive public support and at the same time drive the violent greedy drug cartels out of business.

WHEN ? WHEN INSURRECTIONISTS IN THE HOUSE ARE arrested/indicted the 'majority' will go to DEMS and Hakeem Jeffries will be SPEAKER WHEN? WHEN? will JUSTICE PREVAIL Image

The only two things affected by such a situation would be democrats and the budget for their agenda. The last thing republicans should do is concede empty-handed.

The fed govt is collecting record revenue and still it spends too much money. Time to trim the fat.

Don’t raise the debt ceiling!

I hope Dems don’t give in to the terrorists. Let the U.S. go into default so all Americans know what we already know, Republicans should not be leading America 1st they led/facilitated an insurrection against America, now they’re threatening to let America default, what a party

Maybe the problem isn't raising the debt ceiling...

McCarthy looking a bit like Liz Truss at this stage, although she may have had more integrity.

Some of the power people who lost 20+% in 2022 might not be onboard to lose another chunk for the price of this Kabuki Theater ticket....

The drug of choice in DC is cash. Since Congress refuses to be weened, they have to go cold turkey.

AliVelshi Ali, I think you are missing the most important point. Default risks our status as the world's reserve currency. That status is our nations most valuable asset to and for the American people. It is already being eroded. If it falls, prices will double. Store shelves will be empty

So now that the DemocRATS have spent TRILLIONS in 2 years, they are going to blame the Republicans if there is a financial crisis? That is really rich!

Worthless MSNBC reporting

AliVelshi Interest rates will skyrocket. U S government credit will plummet. Also, section 4 of the 14th amendment states that the United States will pay all its debts.

So scary that these kooks are still showing their evilnesevilness!! VoteBlueToSaveAmerica keepspreadinggopAHshame

Can I lift my debt ceiling? Oh that’s right, I have to balance my budget

No it’s not. It’s not different. Who caused this to happen or inaction to help/cause this to happen? Increase debt ceiling will only increase THOSE peoples ability to do more of what caused/helped this to happen in the first place.

I think that is good idea, the Dems need to be stopped from spending on meaningless woke social programs that created our current inflation and inflated deficit.

NBCNews nytimes CNN ABC washingtonpost This is 100% on you GOP! And the American ppl will remember!

They’re hoping President Biden gets blamed.

Options: Program cuts or Tax increases. Everyone should be willing to pay more income taxes to support these programs.

LOL. Democrats have held the majority in Congress during this last fiscal year and thus is responsible for this mess.

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