House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to advance President Trump’s tax agenda.
House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to advance President Trump’s tax agenda.
Dem President: Here’s my budget for the year and this is how much it would cost. Congress: We agree to pay for that. Dem President: Great, I need money to pay for things in the budget. Rep Congress: The president is irrationally spending money (on things we approved) we can’t possibly do that!
I would say it would only be irrational in the long run if we are not making a plan to increase taxes to go along with the increased costs, at least for costs which don’t have a value add later down the line. If X amount is what it will cost to pay everything then we should increase taxes on corporations to be able to collect at minimum X amount, if not more.