![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
fridiYeah. It's that time of the year when we're talking about the debt ceiling again. And yet again, there seems to be just one adult party in the room. The other pseudo-party is composed of Tea Party-types who vilify the government, and for whom compromise is anathema. You can't work seriously with them, because they aren't inherently serious:
https://www.cnbc.com/2021/09/20/what-the-federal-debt-ceiling-showdown-could-mean-for-you.html
I think there's a solution to this since the Treasury can decide which bills to pay first if the debt ceiling is not raised. Just not pay any bills owed in states from which their Senators voted against raising the ceiling. That's Medicare payments to hospitals and doctors, Social Security pensions, Medicaid reimbursements, payments to contractors in those states, etc.
If those bills are not paid, there will be plenty of money available for all of the other state bills who support the debt ceiling increase. How about eliminating the debt ceiling altogether and end this regular blackmail?
You know, this isn't entirely a domestic US issue. Because if the shit hits the fan, the entire global economy is going to tank, and then we're all screwed.
https://www.cnbc.com/2021/09/20/what-the-federal-debt-ceiling-showdown-could-mean-for-you.html
I think there's a solution to this since the Treasury can decide which bills to pay first if the debt ceiling is not raised. Just not pay any bills owed in states from which their Senators voted against raising the ceiling. That's Medicare payments to hospitals and doctors, Social Security pensions, Medicaid reimbursements, payments to contractors in those states, etc.
If those bills are not paid, there will be plenty of money available for all of the other state bills who support the debt ceiling increase. How about eliminating the debt ceiling altogether and end this regular blackmail?
You know, this isn't entirely a domestic US issue. Because if the shit hits the fan, the entire global economy is going to tank, and then we're all screwed.
