U.S. NATIONAL DEBT

20 Jan 2025 20:18 #11 by FredHayek
Replied by FredHayek on topic U.S. NATIONAL DEBT
And entitlements are adjusted to inflation so the US will be unable to use that as a tool to fix the debt burden.

I don't see a way out. Meanwhile Bitcoin is at record highs.

Thomas Sowell: There are no solutions, just trade-offs.

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21 Jan 2025 06:56 #12 by homeagain
Replied by homeagain on topic U.S. NATIONAL DEBT
here's the question......with all top priorities being IMMEDIATELY ORDERED, where is this little item on the list, when his billionaire buddies r expecting BIG$$$$ to enhance their bank acct.? oh oops, SLIGHT MISCALCULATION......we shall observe just how well Q1 rolls out.... ALWAYS under promise and OVER DELIVER. (not a strong point for trump) jmo

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21 Jan 2025 08:01 #13 by FredHayek
Replied by FredHayek on topic U.S. NATIONAL DEBT
Trump wasn't expecting to win in 2016 and he didn't really understand DC. Most Republicans rejected him and Democrats conspired against him. 2024 Trump is very different. He has allies now and understands how Washington works. Plus social media and oligarchs support him. Yesterday he hit the ground running with pardons already. I don't know what to expect but he has a plan this time.

Thomas Sowell: There are no solutions, just trade-offs.

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21 Jan 2025 08:19 #14 by homeagain
Replied by homeagain on topic U.S. NATIONAL DEBT
NO PLAN mentioned for retiring the gazillion dollar debt....u would think that would have been included as a bullet point.

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21 Jan 2025 09:33 #15 by Rick
Replied by Rick on topic U.S. NATIONAL DEBT
It would be impossible to "retire the debt". The best Trump can do is reduce spending and increase revenue. He has a plan for doing both.

What exactly did the Biden administration do to tackle our debt? Do you ever hear the Democrats even mention our debt?

A fact is information without emotion.
An opinion is information shaped by experience.
Ignorance is an opinion without knowledge.
Stupidity is an opinion the rejects facts.

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21 Jan 2025 09:48 #16 by FredHayek
Replied by FredHayek on topic U.S. NATIONAL DEBT
Great point. The Left expects Trump to immediately tackle the largest debt in human history but spent the last four years congratulating President Biden's record spending.
Cutting the funding to the corrupt Ukrainian government is a good first step.
Cutting DEI and NGO funding also looks like a great idea.

Thomas Sowell: There are no solutions, just trade-offs.

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21 Jan 2025 10:17 - 21 Jan 2025 10:53 #17 by homeagain
Replied by homeagain on topic U.S. NATIONAL DEBT

Rick wrote: It would be impossible to "retire the debt". The best Trump can do is reduce spending and increase revenue. He has a plan for doing both.

What exactly did the Biden administration do to tackle our debt? Do you ever hear the Democrats even mention our debt?



www.whitehouse.gov/briefings-statements/...ca-first-priorities/

President Trump’s America First Priorities NOPE....NO BULLET POINT ON THE BUDGET...JUST SOME QUESTIONABLE PLANS TO REORG.....NOT GOING TO BE A CLEAN SWEEP,BECAUSE THE LAWYERS R LINED UP TO REFUTE THE LEGALITY OF THE ''PERSONAL AGENDA"......THEY WILL USE his tactics to delay the issues,tying up the courts,judges and YOU (collectively) in knots.....

theconversation.com/trumps-executive-ord...by-the-courts-247857


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Before his inauguration, Donald Trump promised to issue a total of 100 or so executive orders once he regained the presidency. These orders reset government policy on everything from immigration enforcement to diversity initiatives to environmental regulation. They also aim to undo much of Joe Biden’s presidential legacy.

Trump is not the first U.S. president to issue an executive order, and he certainly won’t be the last. My own research shows executive orders have been a mainstay in American politics – with limitations.
What is an executive order?

Though the Constitution plainly articulates familiar presidential tools like vetoes and appointments, the real executive power comes from reading between the lines.

Presidents have long interpreted the Constitution’s Article 2 clauses – like “the executive power shall be vested in a President” and “he shall take care that the laws be faithfully executed” – to give them total authority to enforce the law through the executive branch, by any means necessary.

One leading way they do that is through executive orders, which are presidential written directives to agencies on how to implement the law. The courts view them as legally valid unless they violate the Constitution or existing statutes.

Executive orders, like other unilateral actions, allow presidents to make policy outside of the regular lawmaking process.
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This leaves Congress, notoriously polarized and gridlocked, to respond.

Thus, executive orders are unilateral actions that give presidents several advantages, allowing them to move first and act alone in policymaking.
How have they historically been used?

Every U.S. president has issued executive orders since they were first systematically cataloged in 1905.

In March of 2016, then-presidential candidate Donald Trump criticized President Obama’s use of executive orders.

“Executive orders sort of came about more recently. Nobody ever heard of an executive order. Then all of a sudden Obama – because he couldn’t get anybody to agree with him – he starts signing them like they’re butter,” Trump said. “So I want to do away with executive orders for the most part.”

Little in this statement is true.

Obama signed fewer orders than his predecessors – averaging 35 per year. Trump issued an average of 55 per year.

Against conventional wisdom, presidents have relied less on executive orders over time. Indeed, modern presidents used drastically fewer orders per year – an average of 59 – than their pre-World War II counterparts, who averaged 314.

Executive orders have been used for everything from routine federal workplace policies like ethics pledges to the controversial 2017 travel ban restricting entry into the United States.

They have been used to manage public lands, the economy, the civil service and federal contractors, and to respond to various crises such as the Iran hostage situation and the COVID-19 pandemic.

Presidents often use them to advance their biggest agenda items, by creating task forces or policy initiatives and directing rulemaking, the process for formally translating laws into codified policy.

Limitations in their use

Why don’t presidents always issue executive orders, a seemingly powerful policy device? Because they come with serious constraints.

First, executive orders may not be as unilateral as they seem. Drafting an order involves a time-consuming bargaining process with various agencies negotiating its content.

Second, if they are issued without proper legal authority, executive orders can be overturned by the courts – although that happens infrequently.

Trump’s 2017 travel ban faced several legal challenges before it was written in a way to satisfy the court. Many of his initial orders, on the other hand, didn’t face legal scrutiny because they simply requested agencies to work within their existing authority to change important policies like health care and immigration.

Congress is another barrier, as they give presidents the legal authority to make policy in a certain area. By withholding that authority, Congress can deter presidents from issuing executive orders on certain issues. If the president issues the order anyway, the courts can overturn it.

Legislators can also punish presidents for issuing executive orders they do not like by sabotaging their legislative agendas and nominees or defunding their programs.

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21 Jan 2025 13:26 #18 by PrintSmith
Replied by PrintSmith on topic U.S. NATIONAL DEBT
And that may be true when the legislature is hostile to the agenda of the president . . . but when your party is in control of both chambers of the legislature, and in agreement with the policies covered by the executive orders, there is very little risk of a legislative sabotage.

Mitch McConnel certainly sabotaged Obama's attempt to fill a vacant SCOTUS seat in opposition to many of Obama's actions, but for at least the first couple of years, there isn't much the Democrats can do other than filibuster in the Senate, which creates a problem for the Democrats because they say the Senate filibuster should disappear. Tough to advocate for the elimination of a Senate rule that you have spent the last few years employing. Makes you look like a hypocrite . . . which is pretty much the working definition of what a Democrat is, but that's another topic for another thread.

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21 Jan 2025 13:42 #19 by homeagain
Replied by homeagain on topic U.S. NATIONAL DEBT
Donald Trump is already failing the implicit geography test that is taking office as the president of the United States.

Just hours after being sworn in Monday, a reporter asked Trump about his demand that NATO member states spend at least five percent of their GDP on defense, citing Spain’s defense spending level. The president responded completely incorrectly.

Spain is very low. And yet, are they a BRICS nation?” Trump asked.

“What?” the reporter replied.

“They’re a BRICS nation, Spain. You know what a BRICS nation is? You’ll figure it out,” Trump said,
managing to be both snide and wrong.

“But uh, and if the BRICS nations want to do that, that’s OK, but we’re gonna put at least 100 percent tariff on the business they do with the United States,” Trump said.

The ‘S’ in BRICS does not stand for Spain at all.

The countries in BRICS are Brazil, Russia, India, China, and South Africa, and new member states Egypt, Ethiopia, Indonesia, UAE, and Iran. No state in the entire European Union is a member of BRICS. Here’s hoping that the president of the United States will eventually “figure it out.”

Mehdi Hasan, the editor-and-chief of Zeteo News, shared a video of Trump’s gaffe on X late Monday, writing, “We need to talk about the president’s age and memory and mental health.”

If Biden had said this, it would be on a 24/7 loop on cable, and all over TikTok,” Hasan wrote in a separate post on X.
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OMG....IF HE CAN NOT GRASP GEOGRAPHY ON THE FIRST DAY......WE R ROYALLY WRECKED,THE BUDGET IS THE LEAST OF HIS WORRIES.

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21 Jan 2025 13:49 #20 by Blazer Bob
Replied by Blazer Bob on topic U.S. NATIONAL DEBT

Rick wrote: ...Do you ever hear the Democrats even mention our debt?


When ever there is a R in the white house.

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