You missed the point. Everybody is taking excessive time off and not attending to the work they were elected to do. Congress out till...? The Senate, another long weekend.
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Shutdown is here.
- Thread starter James48843
- Start date
Boghie
Market Veteran
- Reaction score
- 279
There is truth to that, but whatever...
Everybody wants Congress to work deals to cross party lines. With a debt load of $38 Trillion and annual deficits in excess of $1.7 Trillion the game has finally become dog-eat-dog, a true zero-sum-game. There can no longer be: I'll trade funding for my 'Bridge to Nowhere' for your funding of a 'Woodstock Museum'. There ain't no money, honey.
This is the way of the future and it will get harder.
Math has no bias.
- Reaction score
- 732
Why don't they just take back the tax breaks given to the millionaires and billionaires. That should help. Of course that means less in donations for the ballroom.
Bottom line is unless they sit down and talk nothing will get done except hurting the American people.
Bottom line is unless they sit down and talk nothing will get done except hurting the American people.
Boghie
Market Veteran
- Reaction score
- 279
It's a filibuster. The House bill would pass if/when the filibuster clears.
And, it is a spending problem, not a revenue problem.
Inflation adjusted:
| Fiscal Year | Revenue | Expense |
| 2019 | 4,247 Billion | 5,455 Billion |
| 2024 | 4,918 Billion | 6,751 Billion |
| % Increase | +15.8% | +23.7% |
This is not an issue with millionaires and billionaires. Inflation adjusted revenue has increased dramatically, but we decided to spend lots more than that huge increase!!! Did you get any real value from that amazing spending growth?
There is no money floating around for CongressCritters to bargain with. They've spent the design margin. Winter is coming.
James48843
TSP Talk Royalty
- Reaction score
- 735
So here is what your Congress did today.,
1. The Senate is off until next week. No activity of any kind today. See you Monday.
2. The House, after being out of session for three weeks, gaveled the House to order at 2:00 pm.
3. They did the Pledge of Alligence, opening prayer, and then announced that the House will be in “District Period”, meaning Congressmen back in their home districts, from Monday , until November 4 now.
4. They then adjourned at 2:03. Next pro-forma session will be Tuesday, October 28 at 1pm, and the District work period shall go from Monday, Oct 27, until Sunday, November 2.
They worked all of 3 minutes today.
And no closer to talking, so no closer to an agreement.
Ground-hog day again.
1. The Senate is off until next week. No activity of any kind today. See you Monday.
2. The House, after being out of session for three weeks, gaveled the House to order at 2:00 pm.
3. They did the Pledge of Alligence, opening prayer, and then announced that the House will be in “District Period”, meaning Congressmen back in their home districts, from Monday , until November 4 now.
4. They then adjourned at 2:03. Next pro-forma session will be Tuesday, October 28 at 1pm, and the District work period shall go from Monday, Oct 27, until Sunday, November 2.
They worked all of 3 minutes today.
And no closer to talking, so no closer to an agreement.
Ground-hog day again.
