The title says it all, but I was monitoring the temperature and situation on Truth Social. The anger is... overwhelming. However, I did not see anyone doing a detailed analysis or dive into the McCarthy-Biden Debt Deal, or someone did and it is getting lost in all of the noise and anger. Also, no offense, but I have a bad feeling that some of the anger is astroturfed, or artificially generated.
That being said, Did ANYONE did a deep dive and breakdown of the McCarthy-Biden Debt Deal that everyone is foaming at the mouth about? This is a Q-board, so I would think that people here already did a dive into the text, but no such analysis existed here as far I can tell. And if such an analysis was done, is it as bad as it looks?
Don’t we have to pass it to see what’s in it?
I like your sarcasm! Made me smile this evening. Thank you.
https://rumble.com/v2r1amq-freedom-caucus-chair-scott-perry-we-were-not-going-to-default-we-are-taking.html
https://s3.documentcloud.org/documents/23828470/bills-118hrpih-fiscalresponsibility.pdf
^ Believe that is the doc in question.
It can be a very difficult document to read because it's a description of modifications to another piece of legislation...
EDIT: Around page 45 it seems to reign in a lot of "unobligated balances of amounts". So maybe the miniscule cuts relate to clearing out unused balances. That's why if you talk to gov. friends they sometimes mention "using up" their budget so it doesn't cut get next year.
Mountain Valley Pipeline gets mentioned on pg. 95.
SNAP work requirements and the student loan payments being resumed are the big ones being discussed in the news. It'll be interesting how the kids will react when they have to start paying their loans and who they'll target over it.
Zero cap spending and GOP getting absolutly nothing from the deal. There is an out for everything the left wants. It should be obvious given Schumer is happy.
If you'd like the establishment GOP position (About how much of a win this is for the GOP!!!!!!), listen to the recent ben shapiro podcast (One of their mouthpieces). Its, at best, a cop out to having done nothing.
It's normal bad for us, normal fiscal irresponsibility, as if it's not all going to blow up anyway.
But for they/them, a default is an end of a large liquidity stream. One they launder money through, heavily. What happens if you aren't paying the mercenaries? Then you only have the blackmail on them. What happens if the other side has the blackmail as well, AND you don't have money? Flipping is a no brainer for the little guy at that point.
And the little guys are where the MKs are made. This is how they insulate the bigger guys. But what are the bigger guys without an ability to follow through on threats? A General without an army is useless.
They have other avenues of income, but government money is a big consistent one. A default is a win, but it may not be the best time yet. May just be expending enemy ammunition.