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Eliot Rosewater

(31,106 posts)
Sat Jan 7, 2023, 02:07 PM Jan 2023

Is there a way no matter how unpopular it might be to prevent

Last edited Sat Jan 7, 2023, 02:57 PM - Edit history (1)

The terrorist, traitor GOP party from refusing to raise the debt limit? ? ? ?

Just like there is a way to increase the size of supreme court, but we know the Democratic Party has no intention of doing that, sadly. (The party, including Prez Biden went on record that they would not EVEN if they had the votes, is my recollection...and that is frustrating as hell.*)

The Republicans will destroy the world economy if they can, so what can be done to avoid it?

Our 401(k)s, our economy, everything, they’re going to destroy it all, if they are allowed to.



*Now it is one thing to say that knowing you dont have the votes so you dont make matters worse with the traitor party, using it as an excuse to do even more damage, but I think they meant it.

7 replies = new reply since forum marked as read
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Is there a way no matter how unpopular it might be to prevent (Original Post) Eliot Rosewater Jan 2023 OP
J6 indictments. Samrob Jan 2023 #1
It's what they've been paid to do. rubbersole Jan 2023 #2
That's right, blame the Democrats brooklynite Jan 2023 #3
Mint the coin. (nt) old as dirt Jan 2023 #4
About the only way I know of how the House will raise the debt limit ... LonePirate Jan 2023 #5
Biden could direct the US mint to make a trillion dollar platinum coin. Salviati Jan 2023 #6
Increasing size of the Supreme Court is impossible simply because we don't have the votes ColinC Jan 2023 #7

brooklynite

(94,384 posts)
3. That's right, blame the Democrats
Sat Jan 7, 2023, 02:16 PM
Jan 2023
but we know the Democratic Party has no intention of doing that, sadly.


"Popularity" has nothing to do with it. Assuming the Democrats passed this in the Senate, the Republicans control the House.

There's a simple solution: win both Chambers of Congress.

LonePirate

(13,409 posts)
5. About the only way I know of how the House will raise the debt limit ...
Sat Jan 7, 2023, 02:19 PM
Jan 2023

Will be if a small group of Republicans and pretty much all of the Democrats either vote for it directly or vote for it as an amendment to a different bill that will pass. There are 200+ Republicans who will likely vote it down so Dem unity will be necessary.

Pelosi and Schumer absolutely should have passed the increase or eliminated the debt ceiling altogether in 2022 once we knew Repubs would be taking over the House.

Salviati

(6,008 posts)
6. Biden could direct the US mint to make a trillion dollar platinum coin.
Sat Jan 7, 2023, 02:20 PM
Jan 2023

... and then deposit it at the federal reserve. It doesn't raise the debt limit, but it bypasses it by giving the Federal government more money to spend.

https://www.vox.com/22711346/trillion-dollar-coin-mintthecoin-debt-ceiling-beowulf

This article also has a couple of other loopholes that might do the trick.


The idea has been around for a while, and is supported by a number of 'serious' folks, but is also often criticised as not being serious or not respecting the seperation of powers or some such, but I'd argue that the whole notion of the debt limit is not a serious limit, and that trying to enforce a debt limit at the same time as enacting a budget forces the executive branch to either respect one or the other. The republicans would argue that it's the debt limit that must be enforced, I'd argue that it's just as valid to enforce the spending that congress has authorized.

ColinC

(8,282 posts)
7. Increasing size of the Supreme Court is impossible simply because we don't have the votes
Sat Jan 7, 2023, 02:31 PM
Jan 2023

But were it possible, you would likely see a renewed invigoration among Dems to make it happen.

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