House Speaker Mike Johnson informed Republicans at a closed-door meeting Saturday that Donald Trump favored moving his agenda as one sweeping package, according to sources in attendance ...
Try what you want, you only have until the mid-terms. Johnson tells Republicans Trump wants one big policy bill as party charts course on agenda www.yahoo.com/news/johnson ...
-- Yarg Barkley (@yargbarkley.bsky.social) January 4, 2025 at 8:10 PM
[image or embed]
Two Gallants - Seems Like Home To Me (2007)
www.youtube.com
Lyrics excerpt ...
...
Baby, let your light shine on me
When I'm lost on the road
You know you could set me free
You could ease my load
Days get so dark
That I can't hardly see
I've been gone so long
It seems like home to me
Well baby, when I was young of age
I took you for my world
The oceans were your eyes
The pastures were your curves
But now I'm all alone
Stranded in the West
Where you sleep tonight
I can only guess
Baby, let your light shine on me
When I'm lost on the road
You know you could set me free
You could ease my load
There's something o'er the hill
You know I gotta see
I've been gone so long
It seems like home to me
...
@#4 ... And then there is the debt limit vote coming up towards the end of January. (yeah, the actual limit kicks in on January 1, but that is not a hard limit) ...
Some background ...
What to know about the debt ceiling debate as a government shutdown looms in Washington (December 19, 2024)
apnews.com
... The last time lawmakers raised the debt limit was June 2023. Rather than raise the limit by a dollar amount, lawmakers suspended the debt limit through Jan. 1, 2025. At that point, the limit will be automatically raised to match the amount of debt that has been issued by the Treasury Department. ...
What happens if the debt ceiling isn't raised?
There's actually no need to raise the debt limit right now. On Jan. 1, when the debt limit is triggered, the Treasury Department can begin using what it calls "extraordinary measures" to ensure that America doesn't default on its debts.
Some estimate these accounting maneuvers could push the default deadline to the summer of 2025 -- but that's exactly what Trump wants to avoid, since an increase would then be needed while he is president.
Lawmakers have always raised the debt ceiling in time because the consequences of failure are stark. Without action, the government would go into default on its debts, a first-ever situation that Treasury Secretary Janet Yellen and economic experts have said could be "catastrophic" for the economy and global markets.
Raising or suspending the debt limit does not authorize new spending or tax cuts; it merely acknowledges past budgetary decisions -- that is, current budget law -- and so allows the federal government to meet its existing legal obligations. For that reason and others, some have advocated doing away with the limit altogether. ...
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