In before Seran denies it because that's what they told him on The View.
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Conservative media is hyperventilating that the Federal Reserve isn't reducing interest rates due to the added expense it costs the nation to pay it's interest obligations. Maybe they ought to consider how unfunded tax cuts, paired with unfunded wars, and massive corporate welfare is counterintuitive to claims of being fiscally responsible. George H W Bush certainly got a schelacking for claiming to not raise taxes, then being so fiscally responsible as trying to pay for the Gulf War with new revenues.
Then why is Biden and the Democrats in Congress demanding a bill for emergency money to Israel, even more to Ukraine, and for supposedly securing our boarders without additional revenue streams or cutting spending in other areas? I agree we can’t just continue to recklessly spend money we don’t have. Why not then take a little from the massive spending bill inappropriately labeled the Inflation Reduction Act to pay for what both parties generally agree is a priority of supporting our ally Israel. (Well less support from the batshit crazy far leftist Jew-hating progressive Dems, but luckily they are still a minority for now.)
Hang on lets lean into this line of thinking. We need a full audit of the fed to see where the money is going and all alphabet agencies as well. Lets cut down on spending so we can start paying our 33T in outstanding debt.
Because the needs for both of those friendly countries are emergent and their need is justifiable? When your neighbors house is burning down, do you tell them you can't lend them your water hose because you're afraid of the water bill becoming due next month, of course not. I'm not sure what money you think is available from the Inflation Reduction Act (IRA) that can be used by Biden to pay for anything, given Congress has the power of the purse it is unconstitutional for him to do what you're proposing. Even were it not unconstitutional, should Americans benefiting from the IRA see a curtailment of those benefits on the basis of the need to support Israel and Ukraine? I think not.