Janet Yellen Delivers A Stark Warning To Seniors!

Lol the same old lies, why not threaten to remove the police and fire departments? That was what they used before they hated them. I want them to threaten to stop funding illegals, woke art projects, bail for criminals and vacations for congress.

The hype:
"We must raise the debt limit, again!"

Here we go again! Yellen pushes a debt-limit crisis
January 16, 2023
https://www.wnd.com/2023/01/go-yellen-pushes-debt-limit-crisis/

"Senate Majority Leader Chuck Schumer, D-N.Y., and House Democratic leader Rep. Hakeem Jeffries of New York, in a joint statement, said, "Congress must act on legislation to prevent a disastrous default, meet our obligations and protect the full faith and credit of the United States.""

Kevin McCarthy:
"Let's take a moment and realize why did we get here," he said. "I mean, if you look just in the last four years that Democrats were in the majority, they increased discretionary spending by 30%. When Republicans were in majority for the eight years prior they didn't increase it by $1."
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The reality:
It's already $31+ trillion and rising fast despite what Biden says (would he lie?) about "lowering the deficit".

U.S. National Debt Clock : Real Time
https://www.usdebtclock.org/

Why even have a limit I say. Doesn't seem to mean dick.

This time will be different!
For sure!
Maybe?

In Debt Ceiling Fight, Kevin McCarthy Can Either Crash the Economy or Blink
https://time.com/6247828/debt-ceiling-kevin-mccarthy-fight/

House Republicans, led by newly elevated Speaker Kevin McCarthy, say they won’t move the debt ceiling without corresponding cuts in spending, something President Joe Biden and fellow Democrats insist is not on the table as part of these talks.

We've seen it before...

This is a silly scare tactic, government's exist in debt they're not a business. Look up the economics analysis on the USA's room to run on debt. You could raise the debt ceiling for years and be fine.

Raise the debt limit and be "fine"?
How is spending more than you're taking in "fine"?

A billion here, a billion there, $100 billion for Ukraine and pretty soon you're talking real money.

This is from CNN, much beloved by tax and spend liberals and this was before the $1.7 trillion omnibus bill:

US debt: Federal interest payments could soon exceed military spending
November 1, 2022
https://www.cnn.com/2022/11/01/economy/inflation-fed-debt-military/index.html

During fiscal 2022 alone, the federal government made $475 billion in net interest payments, up from $352 billion the prior year, according to the US Treasury Department. For context, that’s more than the government spent on veterans’ benefits and transportation – combined. And it’s nearly as much as the $677 billion spent on education.

By 2025 or 2026, the United States may hit a bleak milestone: Federal interest payments could exceed the country’s entire defense budget, according to Moody’s Analytics. For context, defense spending stood at $767 billion in fiscal 2022.
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My minor is economics. You don't know what you're talking about and I'm not going to spend my personal time explaining the Goldilocks zone to you. Go read more before you act like you know shit.

Considering the USA is in the Goldilocks zone for borrowing with a ton of room to run... Yes. Raise the debt ceiling and fund basic shit like infrastructure and education so you're no long at the level of a developing nation?