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#debtceiling

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Kim Perales<p>On the R side, lawmakers describe the Dems as itching for a shutdown. Thune said Schumer had threatened a shutdown should <a href="https://toad.social/tags/Republicans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Republicans</span></a> pass a bill to roll back $9B in public broadcasting &amp; foreign aid funds.🚨Rs subsequently passed those cuts.</p><p>The fed govt is operating on a full-year continuing resolution that provided ~$1.7T in spending for defense &amp; non-defense programs.🚨The funding expires Sept. 30.</p><p>Rs are shameless traitors who carry Trump's🫗&amp;...<br><a href="https://toad.social/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a> <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a> <a href="https://www.militarytimes.com/news/pentagon-congress/2025/07/29/government-shutdown-talk-starts-early-ahead-of-a-tough-funding-fight/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">militarytimes.com/news/pentago</span><span class="invisible">n-congress/2025/07/29/government-shutdown-talk-starts-early-ahead-of-a-tough-funding-fight/</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2235092/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2235092/</span><span class="invisible"></span></a> Democrats Should Prepare for the Return of Debt Politics&nbsp; <a href="https://pubeurope.com/tags/2024Election" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>2024Election</span></a> <a href="https://pubeurope.com/tags/AusterityPolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AusterityPolitics</span></a> <a href="https://pubeurope.com/tags/BarackObama" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BarackObama</span></a> <a href="https://pubeurope.com/tags/BidenSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BidenSpending</span></a> <a href="https://pubeurope.com/tags/BillClinton" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BillClinton</span></a> <a href="https://pubeurope.com/tags/ClintonSurplus" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ClintonSurplus</span></a> <a href="https://pubeurope.com/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a> <a href="https://pubeurope.com/tags/DeficitReduction" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DeficitReduction</span></a> <a href="https://pubeurope.com/tags/DemocraticParty" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DemocraticParty</span></a> <a href="https://pubeurope.com/tags/EconomicPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicPolicy</span></a> <a href="https://pubeurope.com/tags/FederalBudget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FederalBudget</span></a> <a href="https://pubeurope.com/tags/FiscalPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FiscalPolicy</span></a> <a href="https://pubeurope.com/tags/HistoricalDebtPolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HistoricalDebtPolitics</span></a> <a href="https://pubeurope.com/tags/Inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Inflation</span></a> <a href="https://pubeurope.com/tags/JoeBiden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JoeBiden</span></a> <a href="https://pubeurope.com/tags/NationalDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NationalDebt</span></a> <a href="https://pubeurope.com/tags/ObamaStimulus" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ObamaStimulus</span></a> <a href="https://pubeurope.com/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Politics</span></a> <a href="https://pubeurope.com/tags/RossPerot" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RossPerot</span></a> <a href="https://pubeurope.com/tags/TaxPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TaxPolicy</span></a> <a href="https://pubeurope.com/tags/TrumpBudget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpBudget</span></a></p>
Kim Perales<p>"This is really about Russian alignment. Trump isn't delivering on their agenda.</p><p>It's really clear that the central beef b/w Musk &amp;Trump is over the debt ceiling. &amp; Russia is on Musk's side. If we manage to avoid default amid all this chaos it will be a miracle."<br><span class="h-card" translate="no"><a href="https://toad.social/@davetroy" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>davetroy</span></a></span></p><p>Cheering for either Trump or Musk is foolish, but the breakup rhetoric is entertaining &amp; revealing. As much as we want Trump out, Thiel's Vance is waiting in the wings.<br><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a> <a href="https://toad.social/tags/RussianAssets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RussianAssets</span></a> <a href="https://toad.social/tags/Putin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Putin</span></a> <a href="https://toad.social/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a> <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a></p>
Brian Harrod<p>FORGET ABOUT DEBT LIMITS Trump Pushes to Scrap Debt Ceiling Causing <a href="https://mastodon.social/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ElonMusk</span></a> To Go Into Attack Mode</p><p><a href="https://x.com/GetTheDailyDirt/status/1930379882460262889" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">x.com/GetTheDailyDirt/status/1</span><span class="invisible">930379882460262889</span></a></p><p>President <a href="https://mastodon.social/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DonaldTrump</span></a> is calling for the elimination of the nation’s debt ceiling, a rare point of agreement with Democratic Senator <a href="https://mastodon.social/tags/ElizabethWarren" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ElizabethWarren</span></a>. </p><p>In a <a href="https://mastodon.social/tags/TruthSocial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TruthSocial</span></a> post, Trump wrote, “The Debt Limit should be entirely scrapped to prevent an Economic catastrophe.” </p><p>The <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> echoed Warren’s Friday X post, where she....</p><p><a href="https://mastodon.social/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a> <a href="https://mastodon.social/tags/TrumpWarren" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpWarren</span></a> <a href="https://mastodon.social/tags/EconomicPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicPolicy</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2112437/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2112437/</span><span class="invisible"></span></a> Markets will 'punch Trump in the face' over national debt, warns Professor Kent Smetters – Fortune <a href="https://pubeurope.com/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debt</span></a> <a href="https://pubeurope.com/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a> <a href="https://pubeurope.com/tags/NationalDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NationalDebt</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/TariffsAndTrade" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TariffsAndTrade</span></a> <a href="https://pubeurope.com/tags/TheWhiteHouse" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TheWhiteHouse</span></a> <a href="https://pubeurope.com/tags/TrumpAdministration" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpAdministration</span></a></p>
Nonilex<p>The growing <a href="https://masto.ai/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debt</span></a> has paradoxically given urgency for <a href="https://masto.ai/tags/Republicans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Republicans</span></a> to pass the bill, as it would raise the federal govt's <a href="https://masto.ai/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a> by $4 trillion [something they rail against when there’s a Democratic admin]. That would avert the prospect of <a href="https://masto.ai/tags/default" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>default</span></a>, which ofcls have warned would come this summer.<br>Republicans also argued that failure to pass the bill would mean an effective tax hike for some [<a href="https://masto.ai/tags/wealthy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>wealthy</span></a>] Americans, as <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>'s 2017 tax cuts are to expire at the end of the year.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a></p>
Nonilex<p>And if the US has to pay more in interest to borrow cash to pay its bills, that could filter out &amp; cause interest rates to rise for US <a href="https://masto.ai/tags/households" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>households</span></a> &amp; <a href="https://masto.ai/tags/businesses" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>businesses</span></a> too, everything from <a href="https://masto.ai/tags/mortgage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>mortgage</span></a> rates to <a href="https://masto.ai/tags/AutoLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AutoLoans</span></a> rates to <a href="https://masto.ai/tags/CreditCards" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CreditCards</span></a>. That could slow the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>.</p><p>…the <a href="https://masto.ai/tags/credit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>credit</span></a> downgrade does comes ahead of a key period for Washington, where it’s set to debate potential cuts in <a href="https://masto.ai/tags/taxes" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>taxes</span></a> for corporations &amp; the wealthy that could suck away more revenue, as well as the nation’s <a href="https://masto.ai/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a>.</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a></p>