Yellen's warning about the debt ceiling.

OK, so Janet Yellen warns that if the congress doesn't increase the debt ceiling by June, the US could default on it's $31 trillion national debt. The warning was dutifully reported on by the media in appropriately solemn tones. Janet descends like a goddess from on high and declares this epiphany.

Is anyone curious about the timing of this warning? Wy weren't we talking about this debt limit when Biden and his congress crammed through the $1.7 trillion spending debacle just one month prior in the lame duck democratic congress?

Is it best if we just default in 2023 and get it over with? Maybe it would be doing our children and grandchildren a huge favor! Or should we just wait until our debt is, say, $60 trillion?

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anythingoes477 · M

You seem to have MAGA amnesia.................of that $31 trillion...............the traitor racked up $17 billion in 4 just 4 years and there was no Ukraine. And that isn't the bad news...........that $17 trillion was what was added to our deficit courtesy of his tax scam break for the 1% in his FOUR YEARS.

The tax scam is still in effect because the Republicans have enough votes in Congress to block repealing that stupidity..................so part of "Biden's $31 trillion"........is more burden added on to the deficit in the last 3 years too from trumps tax scam.

Budwick · 70-79, M

@anythingoes477 Hey, there's enough blame to go around.
Dems and Republicans are to blame - and with OUR money - so we are hopelessly in debt.
Individuals have bankruptcy to make a fresh start. USA does not have that luxury.