DeSantis tears into McCarthy's debt deal:
Florida governor says US will STILL be
'careening toward bankruptcy' with package
to increase limit by $4trillion and is
proof Washington 'continues to fail'
Daily Mail (UK),
by
Geoff Earle
Original Article
Posted By: Imright,
5/29/2023 12:04:01 PM
Florida Gov. Ron DeSantis joined a group of congressional conservatives who are ripping a new deal to raise the debt limit and curb spending for two years – saying it keeps the nation on a path toward 'bankruptcy.'
DeSantis, who last week formally announced his campaign for the White House, weighed in two days after President Joe Biden and House Speaker Kevin McCarthy announced the deal, which would suspend the federal debt limit through January 2025.
Asked for his assessment, DeSantis told Fox News: 'Well, prior to this deal ... our country was careening towards bankruptcy. And after this deal our country will still be careening towards bankruptcy.'
Reply 1 - Posted by:
jntsrgn 5/29/2023 12:25:12 PM (No. 1480127)
The Democrats control both the White House and the Senate. Did Governor DeSantis forget that? Exactly what more can Kevin McCarthy do?
29 people like this.
Reply 2 - Posted by:
aasilver 5/29/2023 12:27:50 PM (No. 1480130)
Kevin McCarthy needs to resign and back a REAL Conservative for Speaker of the House.
18 people like this.
Reply 3 - Posted by:
czechlist 5/29/2023 12:39:15 PM (No. 1480147)
$ we will need $4T to cover a decade of interest payments at current rates of debt and interest. The dems will push both higher.
12 people like this.
Reply 4 - Posted by:
davew 5/29/2023 12:59:20 PM (No. 1480166)
So, why would the US file for bankruptcy if it doesn't own anybody anything? The Treasury bonds can be paid off at any time by simply converting them to dollars and ending any interest payments. If they really borrowed from China, it would be in yuan, not dollars. That would be a real loan.
The dollars they get back in taxes are the same dollars they spend buying goods and services from the private sector and government employees so that's just a wash. Who did the Treasury borrow all this money from? The Federal Reserve? They created all the dollars that exist out of nothing on a computer. Why should they care if the Treasury pays them back? They're all part of the same system. The idea of the bank in Monopoly going bankrupt is political disinformation to scare people who don't understand how it really works.
11 people like this.
Reply 5 - Posted by:
Mcscow sailor 5/29/2023 3:52:41 PM (No. 1480244)
I expect that we have already managed our way boat the current debt ceiling by careful juggling…and when the debt limit bill is signed, much of it will be consumed unwinding the fed juggling
Ling act
2 people like this.
Reply 6 - Posted by:
red1066 5/29/2023 5:00:16 PM (No. 1480276)
While both parties are responsible for the amount of debt, the Republicans are at least trying to slow it down. It took decades to get to this point, and it will take decades to reduce it.
10 people like this.
Reply 7 - Posted by:
Hermit_Crab 5/29/2023 5:11:12 PM (No. 1480285)
Good for him.
This is the first thing I have heard from DeSantis in a several weeks that makes me think he isn't just another uniparty hack.
8 people like this.
Reply 8 - Posted by:
49 Ford 5/29/2023 6:09:58 PM (No. 1480324)
There is no national will to substantially reduce federal spending. All of our people in Washington are constrained by that unfortunate reality.
8 people like this.
Reply 9 - Posted by:
danu 5/29/2023 7:43:55 PM (No. 1480372)
de santis is correct--dc continues to fail-outrageously, and arrogantly.
driving up the debt ceiling by the trillons, and pushing the default date until well after the election
is a pretty present for o-bummeroids,
.....tied with a pink bow of 87kajillion hoofing agents, and tsunamis of illegals in spangled spandex ,
singing spring time for delaware joe -stalin- at radio city,
9 people like this.
Reply 10 - Posted by:
Heil Liberals 5/29/2023 8:25:52 PM (No. 1480408)
Former congress critter Ron DeSantis would vote for it.
5 people like this.
Reply 11 - Posted by:
Strike3 5/29/2023 9:59:40 PM (No. 1480447)
Ronny D is correct on this one. McCarthy's demand should have been NO increase in the debt ceiling and at least a 10% cut across the board on every agency, with the two least useful agencies being eliminated. Only measures of this strength will save our economy but neither party has the guts or the foresight to do it.
9 people like this.
Reply 12 - Posted by:
franq 5/30/2023 7:26:17 AM (No. 1480548)
Well, good to see poster is back trying to convince us that the national debt is an illusion.
All floating around in cyber space. Has he been to the grocery store lately?
6 people like this.
Reply 13 - Posted by:
ARKfamily 5/30/2023 7:35:48 AM (No. 1480549)
I have read all different responses to this situation and Ron DeSantis comes close to what I sense with all of this debt reduction. We are in debt because spending has gone beyond what is being taken in. So to increase the debt even a dollar gives them room to spend a dollar more.
I keep hearing Democrats lost on this deal and Republicans won. Who cares? It is my opinion that the Americans lost and to define it even more - our children and their children are going to become responsible for this huge debt.
DC has lost the perspective that they work for the American people. From my view, DC thinks they work for their party base. Yes, I believe that when campaigning, a voter should know a candidate's political stance but once they win a seat, they are now working for the American people. It has become so divided.
8 people like this.
Reply 14 - Posted by:
homefry 5/30/2023 7:37:09 AM (No. 1480551)
I dont know, but I DO know this. Mr. Newt was the best speaker ever, and he says McCarthy did really good.
4 people like this.
Reply 15 - Posted by:
fysammy 5/30/2023 8:06:34 AM (No. 1480572)
For those who think it’s a good deal ( including Newt), I urge to check out Chip Roy’s matrix which it highlights the failure of McCarty’s negotiations. “Explains it like a fifth grader”
3 people like this.
Reply 16 - Posted by:
Trapper 5/30/2023 8:35:08 AM (No. 1480590)
Kibbitzer.
0 people like this.
Reply 17 - Posted by:
franq 5/30/2023 8:40:22 AM (No. 1480593)
To add, as #13 points out, the real issue is runaway spending. Debt is only the result and symptom, not the disease itself. Fiat dollars, used to fund this profligacy, are what will ruin us.
4 people like this.
Reply 18 - Posted by:
Quigley 5/30/2023 9:21:00 AM (No. 1480629)
For me, this make desantis look bad: he would do it all, oh yeah, just let him at 'em, he'll do it. Sure. And then cure cancer. Words are cheap, ron, We're not going to change this country's fiscall policy of the last 50 years just 'cause you say so. It's going to take years and years and years. And then we have to survive the onslaught in the meantime.
5 people like this.
Reply 19 - Posted by:
LC Chihuahua 5/30/2023 9:34:14 AM (No. 1480638)
DeSantis is right. Nothing has changed regarding US debt. In truth, there is nothing major that can be done at the moment. At least they could start work on a plan to get rid of the debt, but it doesn't look like they even doing that. They need to cut spending. They need to boost US production. They need to stop outsourcing. Not sure what else they can do. There will be alot of opposition to anything being done. Trump was doing some of that until he got derailed by the pandemic. That was the main intent of the pandemic all along.
4 people like this.
Reply 20 - Posted by:
Geoman 5/30/2023 9:55:14 AM (No. 1480662)
McCarthy has exceeded expectations, given the 2022 elections were not as damaging to democrats as predicted. Conservatives have inexplicably lost ground with voters in the U. S. since Obama left office and the GOP majority in the House in no way represents a mandate for conservatives. While Trump had some conservative-friendly policies, he has never been a symbol of conservatism, since he came on the political scene largely in support of democrats. And while I've been pretty easy on DeSantis this early election season, him attacking McCarthy like a suburban pseudo-conservative makes me think less of DeSantis than McCarthy. Those who opposed McCarthy as Speaker were wrong. Trump's support for McCarthy was well-placed, in my humble opinion; paradoxically, Trump's most ardent supporters were especially hard on McCarthy before, during, and after the 2022 mid-terms. It appears that those who actually get out and vote, especially those close to the squishy ideological middle, are not voting for ideological purity, conservative or progressive.
3 people like this.
Reply 21 - Posted by:
ARKfamily 5/30/2023 11:00:55 AM (No. 1480714)
Deleted. Lucianne is not a chat room. Replies are to be comments on articles posted, not the replies of others. Please read Rules & FAQs before posting again. Staff
2 people like this.
Reply 22 - Posted by:
Zigrid 5/30/2023 11:21:14 AM (No. 1480733)
I would be more interested in what President Trump thinks of the McCarthy deal...santimonious should take care of Florida and let the real business man...President Trump decide what's good or bad....santimonious is a politician and easily persuaded by the Washington swamp toads....President Trump knows how to run things...and I trust his judgments....after all...he did it successfully before....
3 people like this.
Reply 23 - Posted by:
walcb 5/30/2023 12:23:44 PM (No. 1480806)
Let's see if I understand this, a 4 trillion dollar increase is called a decrease. Is that redefining or what?
3 people like this.
Reply 24 - Posted by:
smokincol 5/30/2023 12:24:11 PM (No. 1480807)
hey, Ron!!, I'd be kind of easy on the slander and the insinuations if I were you, there are more of us than there are of you.
2 people like this.
Reply 25 - Posted by:
janjan 5/30/2023 12:36:09 PM (No. 1480815)
DeSantis isn’t dealing with a divided Congress. He has a Republican majority in the State legislature that rubber stamps anything he wants. He is governing as a populist so of course voters love him.
3 people like this.
Yeah, when an individual credit card holder---- that's you and me---- owes more than he can pay, the credit card company raises his credit limit.
1 person likes this.
Reply 27 - Posted by:
PrayerWarrior 5/30/2023 4:07:28 PM (No. 1480940)
We trust the guys in the Freedom Caucus, Matt Gaetz and Chip Roy. They are smart, financial knowledgeable and know what's in the best interest of our Republic. McCarthy can be wishy washy and needs the strength of these two to walk the straight and narrow. Pray for the Freedom Caucus members.
1 person likes this.
Reply 28 - Posted by:
HRJUNIOR 5/30/2023 6:37:07 PM (No. 1481007)
How many of you readers know that Biden and McCarthy are both one-world-order acolytes?
1 person likes this.
He really needs to watch what he says about DC failing. He was a part of congress himself at one point as I recall. If he doesn't watch it I hope he is ready for the exposure of how he himself voted when he was in congress. He might not like what comes out.
1 person likes this.
Reply 30 - Posted by:
Gordon Mills 5/30/2023 10:03:15 PM (No. 1481172)
#6, why are you defending and making excuses for the r's? There have been 2-3 times in the recent past when they have controlled congress and the oval office and what did they do? Make excuses for why they couldn't do anything.
1 person likes this.
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