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LetMyPeopleVote

(157,470 posts)
24. Why Trump is suddenly fixated on getting rid of the debt ceiling
Thu Dec 19, 2024, 08:23 PM
Dec 19

Maybe Donald Trump is suddenly demanding unnecessary debt ceiling reforms because he's afraid Democrats will act like him?
https://bsky.app/profile/charley2024.bsky.social/post/3ldoutpbro224



https://www.msnbc.com/rachel-maddow-show/maddowblog/trump-suddenly-fixated-getting-rid-debt-ceiling-rcna184886

It was against this backdrop that Donald Trump waited until a bipartisan agreement was complete — and until a shutdown deadline was just two days away — at which point he decided to make a new, odd, and wildly unnecessary demand, confusing a whole lot of officials in both parties in the process. Politico reported:

Donald Trump and JD Vance injected themselves further into an escalating fight over federal spending, demanding that House Republicans scrap a plan that would avert a government shutdown within days. Trump and Vance issued a statement Wednesday insisting that Congress raise the nation’s debt ceiling and cut a range of spending proposals instead of passing the package that Speaker Mike Johnson and House Republicans had negotiated with their Democratic counterparts.

The fact that the president-elect jumped in at the last minute to take a sledgehammer to a bipartisan agreement is itself a dramatic problem. But Trump’s decision to also add a debt ceiling increase to the multifaceted mess wasn’t just problematic, it was also bizarre. NBC News’ Sahil Kapur went so far as to characterize it as “mind-boggling“ to see the Republican push a provocative demand that’s wholly unrelated to the ongoing debate.

Democratic Rep. Dan Goldman of New York found it so odd that he told MSNBC’s Lawrence O’Donnell that Trump’s demand “makes absolutely no sense.” The congressman added, in reference to the president-elect, “I’m concerned about his mental capacity.”.....

But stepping back, there’s no great mystery as to why Trump has stumbled into this. The New York Times reported:

As he prepares to push an agenda of tax cuts and border security, Mr. Trump fears that a debt limit fight next year could interfere. His plans are expected to cost trillions of dollars, much of which will most likely need to come from borrowed funds. A drawn-out debt limit fight next year could force Mr. Trump and Republicans to bow to the demands of Democrats and could consume the congressional calendar.


I think that’s right, though I’d add a related point: Trump is likely terrified of the idea that Democrats might act like him.

Let’s not forget that during his first term, the then-president condemned the idea of using the nation’s debt limit as part of a partisan hostage strategy that threatened the nation. In 2019, for example, Trump declared, “I can’t imagine anybody using the debt ceiling as a negotiating wedge.” In Oval Office comments, he went on to describe the policy as a “sacred thing in our country.”....

Evidently, the president-elect would be delighted if Democrats were to simply take such a possibility off the table now, before he’s even inaugurated.

Recommendations

1 members have recommended this reply (displayed in chronological order):

... Trump said getting rid of the debt ceiling entirely would be the "smartest thing it [Congress] could do. republianmushroom Dec 19 #1
Ghee I wonder if Trump is going to run up Johonny Dec 19 #2
its called The Two Santas Strategy: yaesu Dec 19 #17
So that the billionaires can steal more money....,, Lovie777 Dec 19 #3
Really Trump?? Did you clear this with incoming President Musk? Bengus81 Dec 19 #4
I agree, gab13by13 Dec 19 #5
Remember when Republicans were all up in arms to reduce deficit spending? WestMichRad Dec 19 #6
Remember when Republicans would destroy you for associating with a commie? Bengus81 Dec 19 #9
Abolish the sweetheart taxes breaks on the wealthy instead until we see the number of middle class triple? cstanleytech Dec 19 #7
If there's no debt ceiling, why do we need DOGE to rein in the debt? bucolic_frolic Dec 19 #8
We don't, boonecreek Dec 19 #12
I think Democrats have called for this for years. In fact, Sen Warren is "supporting" trump today. Silent Type Dec 19 #10
Trump only wants to eliminate it so he can blame democrats and give tax cuts to the rich when he takes office Galraedia Dec 19 #16
They should do it under trumps watch. FloridaBlues Dec 19 #11
Add that to the list of stuff Trump wants to do "on day one". patphil Dec 19 #13
He wants democrats and Joe Biden to increase it so he can give more tax cuts to the rich when he takes office. Galraedia Dec 19 #14
That is a prerequisite to emptying the treasury into billionaires' pockets. CousinIT Dec 19 #15
Yeah, right now it's a "Steal Ceiling" Turbineguy Dec 19 #18
Raising the debt ceiling so the billionaires can have their petty tax cuts vapor2 Dec 19 #19
Broken clock is right. Gore1FL Dec 19 #20
Lots of support for it last year including Laurence Tribe MichMan Dec 19 #21
The shift is interesting. Even Sen Warren agrees with trump on this one. Silent Type Dec 19 #23
Yeah, to pay for unnecessary tax cuts IronLionZion Dec 19 #22
Why Trump is suddenly fixated on getting rid of the debt ceiling LetMyPeopleVote Dec 19 #24
Merick Garland ..... Hotler Dec 19 #25
Actually, the debt ceiling requirement is redundant and nonsensical. surfered Dec 19 #26
And that's how Trump went bankrupt so many times. C_U_L8R Dec 19 #27
He's actually right on this issue (but not for the right reason). Wiz Imp Dec 19 #28
Always the attention whore. This really shouldn't be in the news. TSF not in office, he's just a convicted felon raccoon Dec 21 #29
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