Another Debt Ceiling Debate, Another Govt Funding Charade, Another Looming Govt Shutdown

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If the government “shuts down” but nobody notices, is it really a shutdown?

After a group of 38 republicans aligned with almost all democrats in the house, the effort to raise the debt ceiling and fund government failed.

Unbeknownst to most, the debt ceiling was suspended in Jun of 2023. As a result, Joe Biden and congress could spend on Ukraine without worry about the debt ceiling being a hurdle. The UniParty suspended the debt ceiling with a purpose.

Starting Jan 1st, 2025, the debt ceiling issue is scheduled to return. National debt will be whatever it was when the debt ceiling was suspended plus whatever spending Biden and the UniParty did since June of 2023. A new debt ceiling is estimated to be hit by June of 2025 or earlier.

President Trump told Speaker Mike Johnson -using the CR as a vehicle- to push the restart of the debt ceiling back for 2 years. This would allow for continuance of the tax cuts that President Trump wants to make; plus, economic drivers like no tax on tips, no tax on social security, no tax on overtime, a 15% tax bracket for companies who build, invest and manufacture in the USA.  Expanding the economy is the goal.

Our government considers tax cuts as government spending. So, if congress does $4 trillion in tax cuts, the government considers that $4 trillion in additional spending.

The debt ceiling reinitiating next year will make President Trump have to figure out how to pass the tax cuts without going over the debt ceiling and triggering a default.

By not moving the non-existent debt ceiling back two more years, the 38 “true conservatives” stopped the American people from getting more of our money returned via tax cuts and they keep more money in the government.

DOGE was planned to come in under the Trump plan to reduce the size of government at the same time ultimately addressing the issue of the 38 conservatives.

WASHINGTON DC – […] Rep. Anna Paulina Luna (R-Fla.) told a gaggle of reporters outside of the speaker’s office that the bill they plan to put forth would likely be similar to the Donald Trump-backed version that failed on the House floor by a wide margin Thursday evening. She said the vote was planned for 10 a.m.

“I think we’re very close to a deal,” she said, adding that it’s “very close to President Trump’s plan yesterday.”

Johnson and House conservatives are huddling in his office Friday morning as a government shutdown deadline looms in less than 24 hours. Separately, House Democrats are scheduled to have a closed-door meeting later in the morning as they wait to see what happens next. (more)

The post Another Debt Ceiling Debate, Another Govt Funding Charade, Another Looming Govt Shutdown appeared first on The Last Refuge.

[H/T Conservative Tree House]



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