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Jun 19, 2025  |  
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M Dowling


NextImg:McCarthy OKs "Higher Debt Ceiling in Exchange for Increased Gov't Spending"

Speaker McCarthy wants you to believe in the greatness of the Republican debt ceiling [surrender] bill. Its greatness is evidenced by the fact that the Democrats are complaining. However, they are complaining because they wanted an enormous increase in spending.

Wall Street Silver says that during the recession, “if tax revenue declines and spending increases, they can borrow an unlimited amount of money for the spending spree to re-inflate the economy.”

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The increase in spending is a one percent increase in discretionary spending, but the bill will increase military and veteran spending.

The only cuts are in future spending growth, not actually real cuts in any spending. The debt will still grow. The green new deal will continue. The IRS will haunt you. Democrats will find excuses to spend, and Republicans will cave.

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