Drudge Retort: The Other Side of the News
Sunday, July 21, 2019

President Trump said Friday that Democrats should not use the debt ceiling as leverage amid ongoing negotiations between his administration and Congress. "I can't imagine anybody using the debt ceiling as a negotiating wedge," Trump said in the Oval Office, calling the debt limit a "sacred thing in our country."

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I can't even with this bat guano....

Trump may not be able to "imagine anybody using the debt ceiling as a negotiating wedge," but that was his own party's strategy when Barack Obama was president. Indeed, in the way of the Republicans' debt-ceiling crisis in 2011, Senate Majority Leader Mitch McConnell (R-Ky.) explicitly described the statutory limit as "a hostage that's worth ransoming."

It was during this same crisis that a South Carolina congressman named Mick Mulvaney helped lead the way, threatening to push the nation into default unless the party's demands were met, The young GOP lawmaker at the time not only championed the dangerous scheme, Mulvaney publicly argued that default wouldn't be a big deal, and undermining the full faith and credit of the United States would carry few consequences.

Mulvaney is now the acting White House chief of staff. He was literally standing near Trump today when the president denounced negotiating around the debt ceiling and called it "sacred."

Exactly eight years ago, the future president started complaining about Congress raising the debt ceiling. In late 2012, Trump published an even more memorable tweet that read, "The Republicans must use the debt ceiling as leverage to make a great deal!"

In early 2013, Trump was disgusted when GOP lawmakers failed to use the debt ceiling as a negotiating wedge. "I cannot believe the Republicans are extending the debt ceiling," he whined at the time. "I am a Republican & I am embarrassed!"

Ten months later, Trump added, "With the debt limit approaching, [the Republican Party] has even more leverage. If they stay united and on message they can win."

Can't wait to hear Mitch's spine snapping when he suddenly does a similar 180 if his chins don't get in the way.

Republican hypocrisy... it's what's for dinner. Bon appetit y'all....

#1 | Posted by tonyroma at 2019-07-19 04:01 PM | Reply | Newsworthy 5

Does Trump even know what the 'debt ceiling' is and why we even have to put-up with it as often was we do?

We have a budget with spending goals defined, and we have votes in Congress to allocate funds for these budget items. So why do we need a vote to say that the money can actually be spent? We've already done the work deciding what to spend the money on and why. The 'debt ceiling' is nothing more than more Kabuki Theater.

OCU

#2 | Posted by OCUser at 2019-07-19 04:06 PM | Reply

Does Trump even know what the 'debt ceiling' is and why we even have to put-up with it as often was we do?

He didn't last night.

A reporter asked Donald Trump about the ongoing talks on raising the debt ceiling ahead of its looming deadline. "We're working on the debt ceiling," the president replied. "Don't forget, you know, the debt under President Obama added more debt than every president put together. So you're talking about a debt ceiling: President Obama added $10 trillion during his eight years. He doubled the debt. He added more debt than every president – every single President put together. President Obama doubled – more than doubled the debt.

"So we're talking about a debt ceiling. The previous president doubled the debt. And that's what we get stuck with. That's the way it is, folks."

I'm sure Mulvaney had some pretty charts with pictures drawn up overnight and taught Trump some new word salads to regurgitate today like "sacred thing".

Congress could pass a law eliminating the debt ceiling but that was an impossibility while Obama was President. Maybe the GOP might take it on for Trump. Guess we'll see.

#3 | Posted by tonyroma at 2019-07-19 04:15 PM | Reply | Newsworthy 1


Trump Says Debt Ceiling Is 'Not Necessary.' Is He Right? (Sept 2017)
www.npr.org

...The debt ceiling's days as a recurring sticking point for politicians, and a recurring worry for government employees, could be numbered, according to President Trump.

He told reporters on Thursday that "there are a lot of good reasons" to get rid of it, and The Washington Post reported Thursday on an agreement between Trump and Senate Minority Leader Chuck Schumer, D-N.Y., to work toward that end over the next couple months.

Still, despite Trump and Schumer's "gentleman's agreement," as one Post source called it, to work to get rid of the ceiling, any plan to actually do away with the ceiling would need Republican congressional leaders, who currently oppose the idea, to get on board. Speaker of the House Paul Ryan, R-Wis., specifically has come out against eliminating the ceiling vote.

But Trump said it is not off the table.

"I think it could be discussed," Trump said. "For many years, people have been talking about getting rid of debt ceiling all together, and there are a lot of good reasons to do that. So certainly, that's something that will be discussed. We even discussed it at the meeting that we had yesterday. It complicates things, it's really not necessary."...


..."For many years, people have been talking about getting rid of debt ceiling all together, and there are a lot of good reasons to do that.... It complicates things, it's really not necessary." ... - Pres Trump

#4 | Posted by LampLighter at 2019-07-19 05:14 PM | Reply

So he doesn't want another shutdown laid at his feet?

#5 | Posted by jpw at 2019-07-19 05:43 PM | Reply

The sacred thing about it is it can only be invoked against poor people. That's fair because rich people created the debt ceiling just for that purpose in 1917, which contributed to the Great Depression of 1930 and 2008. The orange sloth and his Republican enablers passed the tax bill so that they can invoke it sooner rather than later. But the sacred debt ceiling must never stand in the way of military spending or bank bailouts.

#6 | Posted by bayviking at 2019-07-19 11:27 PM | Reply | Newsworthy 2

while the "squad" has the limelight they should pivot to the debt ceiling and call out trump and mulvaney and especially mCconnel on their previous positions..LOUDLY

#7 | Posted by ABlock at 2019-07-21 11:35 AM | Reply | Funny: 1

- while the "squad" has the limelight they should pivot to the debt ceiling

I doubt they believe in any ceiling at all when it comes to spending.

#8 | Posted by SheepleSchism at 2019-07-21 01:21 PM | Reply | Newsworthy 1

#8 | POSTED BY SHEEPLESCHISM ... I doubt they believe in any ceiling at all when it comes to spending.

well if the argument isn't going to be about "how much" then lets have it on "what for"

#9 | Posted by 1947steamer at 2019-07-21 02:02 PM | Reply | Newsworthy 1

#8 | POSTED BY SHEEPLESCHISM

and as quick as you are to ---- against the squad...tell us why we shouldn't adhere to what republicans have said in the past about negotiating with the debt limit

#10 | Posted by 1947steamer at 2019-07-21 02:05 PM | Reply | Newsworthy 1

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Democrats have nothing to discuss until they convince themselves and the public to cut military, intelligence, and global spending to focus on domestic issues, infrastructure, education, jobs and manufacturing, new energy, etc. We're going to crumble like the Soviet Union or Rome if we continue down this path.

Whether it's the Squad, Bernie, or Warren, we can't pay for all these promises simply by taxing the rich. We have to cut our worldly endeavors and global misadventures as well.

We can't operate simply as a finance and service centered nation filled with consumers and internet posters.

#11 | Posted by SheepleSchism at 2019-07-21 02:18 PM | Reply | Newsworthy 2

#11 | Posted by SheepleSchism

MIC..Big Pharma...Wall street...Insurance corps.

#12 | Posted by ABlock at 2019-07-21 03:00 PM | Reply

As anyone that has ever played Monopoly should understand, Capitalism concentrates wealth. Taxation is the most effective way to maintain some limits to the wild income disparity that exists in this country. The only other possibility is a debt jubilee every fifty years or so. Letting landlords and banks take home everybody's money is no way to manage an economy. If the government doesn't management the economy banks will do it for their own benefit, which is what is happening. This becomes a catastrophic failure of the constitutional mandate to promote the general welfare, not a a failure of 30 million individuals, as conservatives would have you believe. If they were coorect the socialist programs in Europe and Scandinavia wouldn't work there, but they do work.

#13 | Posted by bayviking at 2019-07-21 05:53 PM | Reply

Whether it's the Squad, Bernie, or Warren, we can't pay for all these promises simply by taxing the rich. We have to cut our worldly endeavors and global misadventures as well.
We can't operate simply as a finance and service centered nation filled with consumers and internet posters.
#11 | POSTED BY SHEEPLESCHISM AT 2019-07-21 02:18 PM | FLAG: | NEWSWORTHY 1

These parasitic siphons have extracted from this world in all possible manner. Unrelenting abuses require direct policy and enforcement to protect us as consumers from predatory economic devices, but also safeguard our rights as citizens to achieve the American Dream, which is a revolution of innovation and realization that can only happen with an incredible uplifting changes. What we currently experience isn't about balanced regulated governance, but corporate ownership and abandonment of core ethical guidelines and practices. Corporations are NOT people, but they are dependent upon their compliance to exist.

In the day of correlative computing and decentralized processing auditing the Pentagon should be instantaneous. Taxpayers have no idea what kinds of "misadventures" are happening here, let alone the mysteriously expensive MIC ME strategy.

#11 | Posted by SheepleSchism
MIC..Big Pharma...Wall street...Insurance corps.
#12 | POSTED BY ABLOCK AT 2019-07-21 03:00 PM

BINGO. Precisely what Bernie has always stated and repeated during the debates.

#14 | Posted by redlightrobot at 2019-07-21 05:54 PM | Reply

A reporter asked Donald Trump about the ongoing talks on raising the debt ceiling ahead of its looming deadline. "We're working on the debt ceiling," the president replied. "Don't forget, you know, the debt under President Obama added more debt than every president put together. So you're talking about a debt ceiling: President Obama added $10 trillion during his eight years. He doubled the debt.He added more debt than every president – every single President put together. President Obama doubled – more than doubled the debt.

George W Bush took surpluses, decided 2 rounds of tax cuts were the answer. HE doubled the debt AND spending. Then the Great Recession hit and further reduced revenues.

The doubled spending, tax cuts, and deregulation W and the GOP did ALL BY THEMSELVES created massive systemic deficits for the next president to deal with. McCain would have had to deal with exactly that if he'd been elected.

Obama reduced the annual deficit he inherited - $1.4 trillion - by 2/3rds. Thanks to Trump and the GOP and their hairbrained tax cuts, we're back over $1 trillion annual deficits again. IN A "ROARING ECONOMY!!!"

#15 | Posted by AMERICANUNITY at 2019-07-21 08:38 PM | Reply


@#11 ... we can't pay for all these promises simply by taxing the rich. ...

True.

But we also cannot pay for those promises by reducing the wealthy's portion by two trillion dollars either.


#16 | Posted by LampLighter at 2019-07-21 09:06 PM | Reply

Trump doesn't know what the debt ceiling is. If he was told that the debt ceiling could win him a Nobel Prize™, he'd be so interested in it, he'd mention it everyday.

#17 | Posted by lee_the_agent at 2019-07-22 12:00 PM | Reply

Obama reduced the annual deficit he inherited - $1.4 trillion - by 2/3rds. Thanks to Trump and the GOP and their hairbrained tax cuts, we're back over $1 trillion annual deficits again. IN A "ROARING ECONOMY!!!"

#15 | POSTED BY AMERICANUNITY

You are arguing facts to people who don't believe in them.

#18 | Posted by Sycophant at 2019-07-22 02:28 PM | Reply

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