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But as a self-made man I will be fine regardless.
still enough engaged players in the game to keep you safe.
And the path we're on is unsustainable, and the best thing for an unsustainable situation is failure. "Fail fast".
Even though paying off our debts as a nation should never be conditioned upon xyz demands, the GOP has set a precedent, in 2011 and now in 2023.
Imagine a Democrat majority in the House vs a Republican President and a narrow GOP Senate majority. Should the Democrats threaten to sabotage the economy by passing a House Bill that raises debt ceiling, yet carries a 3% corporate tax increase + lowering estate tax exclusion to $6 million?
I firmly believe that one's oath of office requires unconditionally raising the debt ceiling as needed to satisfy the tab -- that was incurred by duly elected legislators and presidents.
For those who are inclined to trim the deficit via budget cuts and/or increase in taxes, make the case on the floor and with the voters who sent you there.
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I would have liked to see the original spending caps be agreed upon but Biden ended up negotiating when he said he wasn't going to, so the GOP has an obligation to compromise on their end as well.
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