Yahoo Finance’s Kevin Cirilli breaks down the U.S. debt ceiling dilemma.
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Why do Repuke dinners want this! It will screw with the markets and their money?
It’s Biden and the Democrats that want to raise the debt ceiling. Republicans want to cut spending.
It’s just an overdraft – which likely, won’t get repaid anytime soon.
Especially by Trump or Biden’s generation anyway.
You don’t pay off debts by BORROWING MORE MONEY. First you have to make spending cuts and stop sending money over seas.
So you want to raise the credit limit in order to waste more of our money rather than cut the pork and balance the budget!
Why don’t they have the money they took from each paycheck? I paid it. Where did it go? THAT is the question.
Pay debts with collected taxes, not with borrowed money.
They always bring up the core stuff that the government should be doing but never talk about the extreme excessiveness of their budget.
You don’t need to cut the military you don’t need to cut social security etc. Etc etc if you would just get rid of the waste and the ridiculous foreign aid that’s used to cover their corruption
Yes cutting the 1% of the budget that is foreign aid (actually 0.7%) will not matter AT ALL. Cutting 10 or 20% out of the military budget will be much more effective and we will still be spending more than the other countries combined (on military spending).
Yes the point 7% (less than one percent) foreign aid budget pays for itself.
@rRobert Smith You realize a lot of money allocated for the military doesn’t go to the military right?
A large portion of it goes to funding and training “allied” armies, such as Iran and Ukraine, which counts as foreign aid not to mention pretty much all our fighting is for others so that the $ can be siphoned via corruption and paying the fat cats.
If America took care of itself, it wouldn’t have that problem. To pretend that the rest of the world wouldn’t trade and ally with us anyway is a mistake many make.
Shouldn’t effect soc. Sec. Since it is suppose to be a fully funded program that people pay into from their 1 at job to their last.
AMERICA IS IN MESS, COUNTRY IS IN DRAIN
See this man is lying 🤥 the united state don’t Borrow money to pay it’s bills he is lying
Here comes the fear mongering and propaganda campaign.