Thanks To Joe's Multi-Trillion Dollar Spending Spree, Our Heads Just Bounced Off Our Nat'l Debt Ceiling.
[b]Washington Examiner[/b]
Spear Headed By Fiscal Libtard, Chuckie Schumer.
[b]While the Chinese money keeps rattling around, the U.S. -- as a direct result of Biden’s reckless overspending -- reached its legal borrowing limit of over $31 trillion on Thursday. That is about 120% of the U.S. gross domestic product. When a nation’s borrowing exceeds its GDP, it’s headed for a recession. The U.S. debt to GDP ratio was 76% in 2018. Now Biden wants another debt ceiling raise and the House Republicans want spending cuts. They’ll back down rather than risk a default. Biden won’t back down because he wants to borrow and spend 'til eternity.[/b]
Has 50 year Liberal Lifer Biden Ever Seen a Dollar He Couldn't Spend?
Spear Headed By Fiscal Libtard, Chuckie Schumer.
[b]While the Chinese money keeps rattling around, the U.S. -- as a direct result of Biden’s reckless overspending -- reached its legal borrowing limit of over $31 trillion on Thursday. That is about 120% of the U.S. gross domestic product. When a nation’s borrowing exceeds its GDP, it’s headed for a recession. The U.S. debt to GDP ratio was 76% in 2018. Now Biden wants another debt ceiling raise and the House Republicans want spending cuts. They’ll back down rather than risk a default. Biden won’t back down because he wants to borrow and spend 'til eternity.[/b]
Has 50 year Liberal Lifer Biden Ever Seen a Dollar He Couldn't Spend?
