Moscow Mitch Wants to RUIN Economy and FORCE us into Recession!

[Truman62]

Moscow Mitch would rather try to make his party look good, than to HELP Americans!


The White House is warning state and local governments of substantial cuts to federally funded measures such as Medicaid, school lunch,
and disaster relief programs if Congress fails to raise the debt ceiling.

In a new memo sent to state and local governments on Friday and obtained by Insider, the Biden administration laid out how a potential
US default would ripple through at the state and local level. Programs that could face major reductions in federal aid include Medicaid and
the Children's Health Insurance Program, both measures that provide free health insurance to tens of millions of low-income Americans.

It also warned of cuts to federally funded school lunch programs that provide free or reduced-cost meals to nearly 30 million children and
halt money for disaster relief. That could hinder aid efforts in the wake of wildfires that scorched parts of the western US and Hurricane
Ida slamming into the South.

"Hitting the debt ceiling could cause a recession," the memo said. "Economic growth would falter, unemployment would rise, and the labor
market could lose millions of jobs."

Put simply, the debt ceiling caps how much the government can borrow. While the government raises cash through taxes, it borrows to pay
off past spending. Yet in recent years, lifting the limit has become just as much a political battle as it is a housekeeping item.

President Joe Biden is urging Republicans to get on board with a debt ceiling increase, as they did three times under the Trump administration.
But Senate Minority Leader Mitch McConnell has said Republicans won't help Democrats raise the debt limit, arguing they're responsible for it
to cover spending from their $3.5 trillion social spending plan. He told Punchbowl News this week that he wasn't "bluffing."

https://www.msn.com/en-us/news/politics/white-house-warns-states-of-potential-big-cuts-to-medicaid-school-lunch-and-disaster-relief-programs-if-the-us-government-defaults-on-its-debt/ar-AAOysw3?ocid=msedgdhp&pc=U531


Trumplicans have NO PROBLEM spending like a drunken sailor with Trump in charge, but when we need money to HELP Americans in trouble
the Trumplicans don't want to help!

[Truman62]

I guess Trumeprs agree since they won't defend him!

NOBODY wants to defend Moscow Mitch.

[Dan]

Too late.  Moscow Joe beat him to the punch.

Bidencons have no problem spending America into oblivion like drunken liberals.

[Jim]

 
How?  By not allowing Nancy Pelosi to steal $200 Million from the people?

[Truman62]

Dan is HAPPY to let Donnie spend, spend, spend and then spend some more,...

and supports Moscow Mitch in his mission to STOMP on the brakes and put America into a Recession/Depression!

Dan has no conception of gradual spending decreases..., or negotiations..., or working together.

Dan is with Moscow Mitch about doing WHATEVER is good for the GOP!!!

[chuck_curtis]

Commies are doing everything else without American support.  No reason they can't fix this too.

[stretch351c]

Pedo Joe has added more to the national debt in less than a year than Trump did in 4. At least Trump had a reason, the Covid bailouts.

[D2D]

Moscow Mitch would rather try to make his party look good, than to HELP Americans!


The White House is warning state and local governments of substantial cuts to federally funded measures such as Medicaid, school lunch,
and disaster relief programs if Congress fails to raise the debt ceiling.

In a new memo sent to state and local governments on Friday and obtained by Insider, the Biden administration laid out how a potential
US default would ripple through at the state and local level. Programs that could face major reductions in federal aid include Medicaid and
the Children's Health Insurance Program, both measures that provide free health insurance to tens of millions of low-income Americans.

It also warned of cuts to federally funded school lunch programs that provide free or reduced-cost meals to nearly 30 million children and
halt money for disaster relief. That could hinder aid efforts in the wake of wildfires that scorched parts of the western US and Hurricane
Ida slamming into the South.

"Hitting the debt ceiling could cause a recession," the memo said. "Economic growth would falter, unemployment would rise, and the labor
market could lose millions of jobs."

Put simply, the debt ceiling caps how much the government can borrow. While the government raises cash through taxes, it borrows to pay
off past spending. Yet in recent years, lifting the limit has become just as much a political battle as it is a housekeeping item.

President Joe Biden is urging Republicans to get on board with a debt ceiling increase, as they did three times under the Trump administration.
But Senate Minority Leader Mitch McConnell has said Republicans won't help Democrats raise the debt limit, arguing they're responsible for it
to cover spending from their $3.5 trillion social spending plan. He told Punchbowl News this week that he wasn't "bluffing."

https://www.msn.com/en-us/news/politics/white-house-warns-states-of-potential-big-cuts-to-medicaid-school-lunch-and-disaster-relief-programs-if-the-us-government-defaults-on-its-debt/ar-AAOysw3?ocid=msedgdhp&pc=U531


Trumplicans have NO PROBLEM spending like a drunken sailor with Trump in charge, but when we need money to HELP Americans in trouble
the Trumplicans don't want to help!

So you admit the social spending plan will increase the national debt!

You have admitted Democrats lied when they claimed the plan would NOT increase the debt!

[Dan]

Dan is HAPPY to let Trump spend

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Liar!

and supports Liberal Mitch in his mission to STOMP on the brakes of liberal spending

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Yep!

and put America into a Recession/Depression!

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Liar!

Dan has no conception of gradual spending decreases..., or negotiations..., or working together.

[/HIGHLIGHT][/SIZE][/FONT]


Liar!

Dan is with Liberal Mitch about doing WHATEVER is good for the GOP!!!

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Yep!  What’s good for the GOP is good for America.  So of course!

[Jw2]

[lakitss]

I'm starting to think the RINO's in the GOP actually want America to declare bankruptcy, for whatever reason.

I submit the economy cannot ever spend it's way out of debt. This current proposed spending bill is in the face of the 1 October budget requirement from congress that will never be submitted, hasn't been in decades, and nobody is really all that concerned.

We'll go back to shutting down the government incrementally, sending "non-essential" workers home again, blah fucking blah....

[D2D]

Democrats and RINOs want America to fail as they believe they would rule unchecked in the aftermath!