unseen1_unseen
Let me explain the debt ceiling to you since it's pretty clear most of you have no idea what is going on.
As of now, there is no debt ceiling.
Let me repeat that for all of those "true conservative" supporters. As of right now, there is no debt ceiling.
The debt ceiling was suspended back in Jun of 2023.
As things stand now, as of Jan 1st, 2025, the debt ceiling will return, and it will be whatever it was when it was suspended plus whatever spending Biden and the dems did since June of 2023. That new debt ceiling is estimated to be hit by June of 2025 if not earlier.
What the CR wanted to do is push the resumption of the debt ceiling back for 2 years.
This would allow massive tax cuts that Trump wants to make. Things like no tax on tips, no tax on social security, no tax on overtime, a 15% tax bracket for companies who built here, and to stop the Trump tax cuts from expiring.
You see, the government idiots consider tax cuts as government spending. So if you do $4 trillion in tax cuts, the government considers that $ 4 trillion in spending.
The debt ceiling redemption on Jan 1st will make Trump have to figure out how to pass the tax cuts without going over the debt ceiling and triggering a default.
Do you get it now?
By not moving the non-existent debt ceiling back two more years, the "true conservatives" just stopped you from getting more of your money returned to you by tax cuts and they kept more money in the government for a bigger gov. In effect, they just voted for the exact opposite of what they tell you they want and don't for a second think they don't know that.
Let me explain the debt ceiling to you since it's pretty clear most of you have no idea what is going on.
As of now, there is no debt ceiling.
Let me repeat that for all of those "true conservative" supporters. As of right now, there is no debt ceiling.
The debt ceiling was suspended back in Jun of 2023.
As things stand now, as of Jan 1st, 2025, the debt ceiling will return, and it will be whatever it was when it was suspended plus whatever spending Biden and the dems did since June of 2023. That new debt ceiling is estimated to be hit by June of 2025 if not earlier.
What the CR wanted to do is push the resumption of the debt ceiling back for 2 years.
This would allow massive tax cuts that Trump wants to make. Things like no tax on tips, no tax on social security, no tax on overtime, a 15% tax bracket for companies who built here, and to stop the Trump tax cuts from expiring.
You see, the government idiots consider tax cuts as government spending. So if you do $4 trillion in tax cuts, the government considers that $ 4 trillion in spending.
The debt ceiling redemption on Jan 1st will make Trump have to figure out how to pass the tax cuts without going over the debt ceiling and triggering a default.
Do you get it now?
By not moving the non-existent debt ceiling back two more years, the "true conservatives" just stopped you from getting more of your money returned to you by tax cuts and they kept more money in the government for a bigger gov. In effect, they just voted for the exact opposite of what they tell you they want and don't for a second think they don't know that.
