Republicans already voted to raise the debt ceiling, so if Biden did pass what they've handed over, they wouldn't be able to default.
There's a lot of misinformation going around about the bills.
The debt ceiling disagreement is NOT about paying bills. The Treasury has plenty of revenue coming in every day to pay the bills, as you can see in its report below.
The disagreement is about buying *new things* borrowing more to enable new spending, creating new bills.
Plus, paying bills is an executive branch function, up to the president, not Congress.
Politicians are lying to us, counting on us not knowing how the federal government works so they can engage in political grandstanding.
That's just not consistent with the record over the past couple of years.
The deficit exploded during the pandemic as there were massive increases in spending, even as the Treasury reported increased tax collections after the Republican tax reforms.
It's not necessary to understand the nitty-gritty. It's a matter of raising user awareness, preferably through UIs that do an effective job of informing users of what's going on.
Just for example, on my client here there's a button called "Adjust toot privacy" and *at the least* I'd rephrase that to toot audience, toot reach, or toot broadcast.
Maybe even "adjust suggested broadcast" to avoid giving the impression that privacy is particularly guaranteed.
Well, you quoted the text above and it doesn't call for action by the Senate.
"shall nominate" and "shall appoint" are the only calls for action, and the president is the subject for each of them.
No, my interpretation is based on the text first and foremost, with the location emphasizing its role in the structure of the government and separation of powers providing yet another confirmation that my interpretation is the correct one.
Not only does the text NOT call for action from the Senate, but it would be inconsistent with the rest of the design of the federal government if it did.
What advantages do you expect the single user setup to have?
*I* have lent dollars to the US government. And the Treasury reports that it has accepted loans from a tremendous number of people and organizations around the world.
It's really tinfoil hat territory to deny that based on what we see with our own eyes.
Funny. That's not what the screenshot says, where it invites AP to back up its claims first.
@stanstallman Don't forget the most critical part when it comes to #Trump: loser.
But yes, if you listen to Republicans and the things they're focused on, it does make a ton of sense.
Just to give one quick example, one small piece of the picture, the guy runs on this idea that "they" are out to get Republicans. His whole thing is that he will fight for them against that supposed threat. So, you mention twice impeached? That is a bonus for him! It both "proves" his rhetoric that they're out to get Republicans AND shows him fighting.
It really does make perfect sense, and if we understood each other better we'd hopefully be able to squash those notions and take those talkingpoints away from him.
Weird way to draw attention to the point by not addressing the point! Again, this is why I'm criticizing it as a distraction.
If the paper wanted to draw attention to how often people were being failed by insurance, then it should have talked about how often people were failed by insurance.
But it didn't. It went off on this irrelevant statistic.
That makes me think this is a newspaper article trying to get clicks by using a sensationalized stat that will get people excited.
Sadly, that doesn't help draw attention to how insurance companies are or aren't failing.
House Republicans voted against this bill 200 to 9, and that the legislation didn't even provide borrowing authority to fund it is probably a pretty good sign that they were right.
Democrats voted us in to this position as a block with only one vote against.
It's silly to say Republicans agreed to this when they put pen to paper fighting against it.
I mean, they already passed legislation to approve the additional borrowing power.
It's some hostage taking when Democrats set up this situation by voluntarily passing their spending bills in the last Congress without providing funding, and then not taking yes for an answer when Republicans voted it forward.
The GOP was handed hostages, they released them, and Democrats are insisting on keeping it going for some reason.
It's clearly constitutional, though, as the Constitution explicitly assigns to Congress the authority "To borrow Money on the credit of the United States;"
Biden has no authority to borrow money without congressional authorization, and anyone buying that debt should be aware that without legal authorization it's not valid, and they would have no claim to get it back.
The Whitehouse needs to compromise, exactly as the US system was designed, to make sure the president doesn't have such unilateral authority.
@debasisg@mstdn.social
That's not how federal spending works.
The Treasury spends money throughout the year, so the issue right now is money that has not yet been spent, has not yet been charged to the credit card.
Yes, there has been a ton of misinformation about this, but you can read the Treasury's daily summary of spending here, showing that it's not a matter of not paying back unless the president orders Treasury not to pay out of the money that it is taking in:
Wow, government shutdown? Economic collapse?
All after House Republicans already caved and voted to extend borrowing power to keep it going?
Not only do you have the story backwards, but you're rushing so far in the wrong direction that you're seeing this weird apocalypse.
The Treasury has income regardless of the debt ceiling being raised. It's there in their daily balance sheets.
The hyperbole is not healthy.
History teaches us the dangers of that path, but it sure is a popular one.
Really, it comes down to hubris, people with best of intentions who think they can solve difficult problems that are really quite thorny, with all of those unknowns.
So unintended negative consequences are so common in our past. But it's hard to learn lessons from the path when, oh this time will be different, this time we can definitely engineer the system that will only have upside!
This time is rarely different.
Since the appointments clause doesn't ask anything of the Senate, what leads you to believe inaction is not available?
Again, this is an Article II instruction to the president, but there is no parallel instruction telling the Senate to do anything, which I'd say leaves it up to them.
And that's setting aside the way this all fits naturally into the system of separation of powers, coequal branches and all of that.
It'd be strange to me to interpret the appointments clause as allowing the president to command the Senate to act, for many reasons, not the least because it doesn't say so.
You're missing what I'm saying.
I'm saying we need to be focusing on how frequently people are being denied that care, but this statistic doesn't say that, and so it's a distraction from exactly that thing that we should be caring about.
Like I said, I want to know how often insurance companies are improperly denying claims, but this statistic doesn't address that.
I think the most pressing and fundamental problem of the day is that people lack a practically effective means of sorting out questions of fact in the larger world. We can hardly begin to discuss ways of addressing reality if we can't agree what reality even is, after all.
The institutions that have served this role in the past have dropped the ball, so the next best solution is talking to each other, particularly to those who disagree, to sort out conflicting claims.
Unfortunately, far too many actively oppose this, leaving all opposing claims untested. It's very regressive.
So that's my hobby, striving to understanding the arguments of all sides at least because it's interesting to see how mythologies are formed but also because maybe through that process we can all have our beliefs tested.
But if nothing else, social media platforms like this are chances to vent frustrations that on so many issues both sides are obviously wrong ;)