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McCarthy Releases His Proposal to Raise
US Debt Ceiling by $1.5 Trillion (Video)

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Posted By: Imright, 4/19/2023 10:53:01 PM

House Speaker Kevin McCarthy (R-CA) released his proposal to raise the US debt ceiling by $1.5 trillion. “Now that we’ve introduced a clear plan for a responsible debt limit increase, [Biden and Democrats] have no more excuse, and refuse to negotiate,” McCarthy said on Wednesday. “House Republicans have a plan. The Senate does not. And the President is ignoring the debt crisis,” he added. Video: (Tweet/Video) McCarthy’s plan will destroy most of Joe Biden’s agenda. The Speaker’s plan will eliminate Biden’s unconstitutional student loan bailout plan and slash the funds set aside for the army of IRS agents.

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Reply 1 - Posted by: DVC 4/20/2023 12:40:22 AM (No. 1451571)
Cut federal spending.
6 people like this.

Reply 2 - Posted by: 49 Ford 4/20/2023 12:53:38 AM (No. 1451574)
There is no focused national will for it, # 1.
3 people like this.

Reply 3 - Posted by: 6079 Smith, W 4/20/2023 1:27:01 AM (No. 1451585)
It isn’t ‘raising a ceiling’, it’s digging a deeper hole.
9 people like this.

Reply 4 - Posted by: 5 handicap 4/20/2023 6:24:51 AM (No. 1451665)
FTA: “Now that we’ve introduced a clear plan for a responsible debt limit increase," There is NO SUCH THING as a "responsible" debt limit increase at this time! It's those increases that have put us in this situation you stupid RINO!
5 people like this.

Reply 5 - Posted by: anniebc 4/20/2023 6:41:50 AM (No. 1451674)
We're supposed to believe Republicans are seeking to reduce trillions from the current debt, but they're raising the debt limit by trillions as a compromise. Beam me up! What the heck? I don't get this funny math. If you know your plan is DOA, why not go big and slash everything as a start with no compromise? Good grief! Our side is playing us like chumps. Everyday! They're even taking their almost useless hearings on tour. Wow!
4 people like this.

Reply 6 - Posted by: czechlist 4/20/2023 8:57:57 AM (No. 1451770)
As I recall Reagan "shut down the government" over 6 times but in the end the deficits and debt increased anyway. Reagan's tax cuts raised revenue but the Congress (dims) screamed "tax cuts for the wealthy!!" and spent the extra income on social programs. The names and faces may change, but...
0 people like this.

Reply 7 - Posted by: privateer 4/20/2023 10:20:22 AM (No. 1451840)
A trillion here, a trillion there...pretty soon you're talking real bankruptcy.
0 people like this.

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