Post: The MAGA Republican Plan to Lower the National Deb

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Theatre selectors, pages, etc.

The MAGA Republican Plan to Lower the National Debt:

By Ponderer
May 18, 2025 8:03 am
Category: Theatre
(0.0 from 0 votes)
Rules of the Post & Tips.

House GOP unveils plan to raise debt limit by $4 trillion

House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to advance President Trump’s tax agenda.

The proposal, which was included in legislative text unveiled by the House Ways and Means Committee on Monday, is in line with House instructions outlined in a blueprint adopted by congressional Republicans last month that kicked off the process by which the party is using to enact Trump’s tax priorities.

Including the debt ceiling in the broader bill will allow Republicans to avoid Democratic demands for concessions in exchange for their votes to raise the debt limit. But tacking debt limit action onto the same vehicle they’re using for Trump’s tax plans could also put a tight time crunch on Republicans to pass the sweeping tax bill.

Treasury Secretary Scott Bessent is already calling on Congress to raise or suspend the debt ceiling by July to keep the federal government from defaulting on its more than $36 trillion debt.

In a letter to Speaker Mike Johnson (R-La.) on Friday, Bessent said there is “reasonable probability” that the government’s “cash and extraordinary measures will be exhausted in August while Congress is scheduled to be in recess.”

There’s also a key difference in how both GOP-led chambers plan to address the debt limit in instructions for the budget framework Republicans adopted last month. While the House’s plans call for raising the debt limit by $4 trillion, the Senate’s instructions detail a $5 trillion increase to the debt ceiling.

Cited and related links:

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Comments on "The MAGA Republican Plan to Lower the National Debt:":

by oldedude on May 18, 2025 8:08 am
Welcome to losing your ass in the last election. And (my guess) the next, until you actually look at your voting block and quit isolating groups.

by Donna on May 18, 2025 8:13 am

The difference between Democrats and Republicans vis-a-vis raising the debt ceiling is that Democrats do that in order to help regular folks have a better life, while Republicans want to do that in order to further enrich Americans who are already extremely wealthy.

by HatetheSwamp on May 18, 2025 8:14 am

Bingo, this is what pb's said over and over. When will you believe!!!!!?

po,

You must know that the Big Beautiful Bill hasn't gotten through Committee yet. It's pbGOPs who are MAGA's problem.

The GOP is the home of openness and inclusion, acceptance, tolerance, diversity and ... freedom.

And, too many DC GOPs are in one Swamp pond or t'other... exactly as pb's said over and over.

po, I think that your TDS has killed too many brain cells, and, I'm afraid once they're gone, they are lost forever.

by Ponderer on May 18, 2025 8:29 am

Alls I'm saying is that it is incredibly stupid to believe the MAGA Republican party who say they are all about wanting to lower the national debt, while at the same time they're saying that they need to raise the debt limit in order to increase the national debt.

Is it their rationale that in order to lower the debt, it must first be blown through the roof...?

This is real basic logic I am talking about here. It shouldn't be above even Hate to comprehend.

His party is nothing but boundlessly hypocritical, bullshitting con men.

by Indy! on May 18, 2025 8:33 am

The debt ceiling is nothing more than a ruse to give the parties (read: party) something to pretend like they're doing some work for all that money they make.

by oldedude on May 18, 2025 8:40 am
po- Okay, I was wondering the same thing. It sounded counterintuitive to me.

by Ponderer on May 18, 2025 9:01 am

, od!

by Indy! on May 18, 2025 9:56 am

They have to make sure all the proper financial mechanisms are in place when they give President Leon and his whipping boy the Homeless Hairdo that $2T tax cut.

by HatetheSwamp on May 18, 2025 3:19 pm

"Alls I'm saying is that it is incredibly stupid to believe the MAGA Republican party who say they are all about wanting to lower the national debt, while at the same time they're saying that they need to raise the debt limit in order to increase the national debt."

po,

Are you joking or do you not understand?

The annual deficit is so high now that, even with insane draconian cuts in spending, we'd still be running a huge deficit for years to come.

A leading house pbGOP was on the gay Guy Curt never heard of's radio program on Friday. He voted, no, in Committee on the Big Beautiful Bill because under this bill the deficit will grow by $20,000,000,000,000 in 10 years!

And, of course, your Dems are calling this version of the Big Beautiful Bill too drastic.

by Indy! on May 18, 2025 3:28 pm

I notice the (alleged) "antiswamper" on this board has never once called for higher taxes on the wealthy...

OR

...that he's upset his orange master and Leon are looking for $2 Trillion tax cut for their super rich buddies even though "trickle down" has been disproven every time they've tried it since Reagan invented that stupid idea.

by HatetheSwamp on May 18, 2025 3:44 pm

Indy,

Ole pb didn't support Trump's tax bill, which lowered taxes on the rich, last time around. But, he's not certain that increasing taxes on the rich would increase revenue.

by Indy! on May 18, 2025 6:47 pm

So taxes either way make no difference? Then why do we even have income tax?

by HatetheSwamp on May 19, 2025 3:46 am

Good question.

The US didn't have an income tax until 1913.

by Ponderer on May 19, 2025 6:44 am

So... according to Hate, they do in fact have to increase the debt in order to lower it. I'm glad that he's on record declaring it.

by HatetheSwamp on May 19, 2025 6:55 am

po,

You take Vizzini to the next level.

Thanks.

by Indy! on May 19, 2025 9:15 am

We're operating on the welfare queen's standard for the board. If you don't directly deny it - you support it 100%. That's why you and queenie are cop killers and pedophiles.

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