Know what happened? THEY. ALL. FAILED. 😂 Image
4/ This package includes $4 TRILLION in spending cuts. That's DOGE on steroids! 💪
It also means that after eliminating our $1.8 Trillion deficit, we could start seriously paying off the debt. Image
5/ This package includes funds to:
Finish THE WALL
Fight fentanyl crisis
Increase deportation capacity
EXACTLY what we need! Image
6/ Now it heads to the House. @SpeakerJohnson needs to hold the line with a razor-thin majority. Just 3 defections could kill it. 👀
But... Image
@SpeakerJohnson 7/ If the House passes this, the Republicans in both houses can used the reconciliation process to pass the whole thing, WITHOUT needing 60 votes in the Senate.
Democrats won't be able to block this sweeping legislation. Image
@SpeakerJohnson 8/ Here's the truth: This is Trump's vision for America being put into action. Lower taxes, strong borders, fiscal responsibility.
Everything the DC swamp HATES! Image
@SpeakerJohnson 9/ Call your Congressman and tell him to vote FOR Trump's "Big Beautiful Bill".
And if you enjoyed this content, please like and share, and also sign up for your FREE or PREMIUM subscription to my newsletter at .
Decent right up except the age old and tireless repeat that we could seriously start paying off the debt. Just have to add for integrity, the debt is not payable. It is the amount of us dollars printed and in circulation and therefore loaned to the US citizens.. the deficit has nothing to do with being able to reduced the debt. Fuck the debt, dissolve the fed and reestablish regulation of monetary system back to congress. Sick of these fuckers repeating this pay off the national debt shit. It's a massive lie and distraction.
But a debt jubilee is the lender graciously allowing the debt to be forgiven. What we're looking for is the debt's criminality to be exposed and for the lenders to be exposed as parasites.
If the annual deficit was eliminated then any extra income would reduce the debt, when bonds coming due are not rolled over. Those retired bonds would not create currency, the currency paid out came from tax revenue. To reduce inflation, currency can be removed from the system by the fed selling bonds from its balance sheet and cancelling out the book entry. Paying of the debt is deflationary.
Yes indirectly these things tie together and effectively accomplish what you are describing. My only reason for commenting on this is was to confront the blanket statements used and repeated for generations now about paying off the debt.
In the past it seemed like there was this assumption that it was going to be impossible to make significant cuts in spending because of the large mandatory budget items. Doge has showed that those mandatory parts are highly fraudulent and wasteful and therefore provides hope that actually the debt can be cleared, and it might not even take that long.
I would also like to see the fed audited and wall Street brought to heel, ending the rampant fraud theft and double dealing there. But unfortunately a lot of the money that was stolen isn't going to be recovered. I don't think the idea of a jubilee will work, too much of productive society uses that same debt as a foundation. Anyone with savings, that savings is ultimately based on treasuries.
But it's ok.. the debt can be reversed by just cutting spending and prosecuting fraud, some claw backs, and encouraging growth and reinvestment
Any one have the thread?
https://threadreaderapp.com/thread/1909268164803776901.html
THREAD: 🚨 ICYMI: The Senate rammed through Trump's agenda in a late-night power move.
LONG HOURS: The vote went down at 3AM. Final tally: 51-48.
Buckle up - this is HUGE for Trump and the America First agenda... 🧵 Image 2/ Let me break down what's in this MASSIVE package:
Translation: STRONGER BORDERS, STRONGER ECONOMY, STRONGER AMERICA. 🇺🇸 Image 3/ The Dems tried EVERYTHING to stop this. Multiple procedural maneuvers targeting Trump's policies.
Know what happened? THEY. ALL. FAILED. 😂 Image 4/ This package includes $4 TRILLION in spending cuts. That's DOGE on steroids! 💪
It also means that after eliminating our $1.8 Trillion deficit, we could start seriously paying off the debt. Image 5/ This package includes funds to:
EXACTLY what we need! Image 6/ Now it heads to the House. @SpeakerJohnson needs to hold the line with a razor-thin majority. Just 3 defections could kill it. 👀
But... Image @SpeakerJohnson 7/ If the House passes this, the Republicans in both houses can used the reconciliation process to pass the whole thing, WITHOUT needing 60 votes in the Senate.
Democrats won't be able to block this sweeping legislation. Image @SpeakerJohnson 8/ Here's the truth: This is Trump's vision for America being put into action. Lower taxes, strong borders, fiscal responsibility.
Everything the DC swamp HATES! Image @SpeakerJohnson 9/ Call your Congressman and tell him to vote FOR Trump's "Big Beautiful Bill".
And if you enjoyed this content, please like and share, and also sign up for your FREE or PREMIUM subscription to my newsletter at .
Decent right up except the age old and tireless repeat that we could seriously start paying off the debt. Just have to add for integrity, the debt is not payable. It is the amount of us dollars printed and in circulation and therefore loaned to the US citizens.. the deficit has nothing to do with being able to reduced the debt. Fuck the debt, dissolve the fed and reestablish regulation of monetary system back to congress. Sick of these fuckers repeating this pay off the national debt shit. It's a massive lie and distraction.
I heard the word jubilee today and it made me go hmmm.
But a debt jubilee is the lender graciously allowing the debt to be forgiven. What we're looking for is the debt's criminality to be exposed and for the lenders to be exposed as parasites.
Hmmm. More to think about. Kinda makes me think about informed consent.
Debt jubilee is a thing
Need end to IRS too
Not asking too much, considering everything
Right!
If the annual deficit was eliminated then any extra income would reduce the debt, when bonds coming due are not rolled over. Those retired bonds would not create currency, the currency paid out came from tax revenue. To reduce inflation, currency can be removed from the system by the fed selling bonds from its balance sheet and cancelling out the book entry. Paying of the debt is deflationary.
Yes indirectly these things tie together and effectively accomplish what you are describing. My only reason for commenting on this is was to confront the blanket statements used and repeated for generations now about paying off the debt.
In the past it seemed like there was this assumption that it was going to be impossible to make significant cuts in spending because of the large mandatory budget items. Doge has showed that those mandatory parts are highly fraudulent and wasteful and therefore provides hope that actually the debt can be cleared, and it might not even take that long.
I would also like to see the fed audited and wall Street brought to heel, ending the rampant fraud theft and double dealing there. But unfortunately a lot of the money that was stolen isn't going to be recovered. I don't think the idea of a jubilee will work, too much of productive society uses that same debt as a foundation. Anyone with savings, that savings is ultimately based on treasuries.
But it's ok.. the debt can be reversed by just cutting spending and prosecuting fraud, some claw backs, and encouraging growth and reinvestment
Thanks Fatality!
https://nitter.poast.org/RodDMartin/status/1909268164803776901
Thanks for the Summary! Upvoted Fren!
Thanks!
No tax on SS ?
Using the oppositions tactics against them. Noice.
Came here to say, "And you thought only Democrats could ram things through in the middle of the night." Nice to see I didn't have to! 👍
Big Mike enters the chat
🤣🤣
It's about time the spineless Repubs started using the Democrat's own tactics against them.
It is so frustrating to see the GOP be constantly abused by the Dems while the GOP refuses to fight fire with fire.
Exactly!
Wait, the Republicans we sent to Washington actually grew some balls? Gender really is a state of mind!
Hmm… spicy
JUST WHAT I VOTED FOR!
u/#spicy
Tastes good man…
Sure does..
So Senate passed it… then it goes to Congress… then back to the Senate? I’m confused.