If it was in good faith, the point would be to reduce the deficit to zero (or get a slight surplus, to slowly start bringing the entire debt down). Then we wouldn't need to have any debt limit discussions; it could be infinite at that point, but we'd be getting away from it. Of course, this is all in theory. We know the Republicans will run massive deficits and brag about the economy.
That's a bit of a misnomer. As a Trump with a debt ceiling is already leading to a financial collapse. Cenk is correct here, the debt ceiling is a gun that used to keep the federal government hostage. The reason Trump wants it removed is because he doesn't want the gun turned against him when he takes over.
the debt celling is supposed to be a reminder to keep spending down by figuring out a budget. Eliminating the debt celling is just showing how politicians just dont care anymore about spending and are waving a white flag on any budget promises
@@susiechevalier221 Trump wants a thick and unrestricted wallet to make his billionaire donors whole. He already gave them the government, they want it all.
They don´t want to authorize the budget bill because there are too many social programs & Trump wants that money for his rich "buddies". Once THEY´RE in power, they don´t want a debt ceiling, so they can spend OTP, like drunken sailors!
The way i see it, debt ceiling is kind of a check and balance. Whenever funding legislature is being proposed, the ruling side have to worry about not hitting the debt ceiling on every decision. If there's no debt ceiling, they don't have to worry about spending and would include every congressman's amendment requests and add to their bill just to get their vote to pass the bill. Sure, it's being abused by the Congress but, not having this check at all seems more dangerous and that can be exploited worse than now.
I agree that TYT didn’t, I mean he is going to be the new president (sadly). But I do think Ana has become more unhinged in the past few years. Lol Cenk has always been lowkey crazy so that’s normal.
Yeah, they're just trying to bring the left back to economics and not the bs identity stuff that just turns off a vast majority of the country that would otherwise agree with us on. They're sick of losing and are happy to take the wins where we can get them even if it's from Trump, cause guess what haters, he's in power. How did that 'resistance' go the first time around?
@@PDXMILO Whilst I agree on the economics & identity stuff but the sick of losing? Dems won the election in 2020 and did much better than expected in the last two midterms. With regards TYT they are definitely parroting right wing propaganda/lies. Ana especially can hardly contain her glee whenever she talks about Trump.
Trump blamed inflation on Biden and claimed prices would fall dramatically if he was elected. Gas, eggs and bacon seemed to be the items he brought up the most, so I will monitor his success, are there any other items that should be added to this list?
He claimed he would seal the border just as much, so you can count immigration numbers, too. I don't really think this is of comparable importance, but many Americans seem to disagree.
i will bet every dollar in my bank account that 3 years from now.... the prices ppl complained about "omg biden!!! look how expensive gas is!! and groceries!!!" ..... in 3 years those things will not only have NOT gone down in price, but possibly up.
Only people who don't understand inflation can take that promise seriously. After a period of 10% inflation, for the prices get back to their previous values, you'd need -11% inflation. That would wreck any economy. The best you can hope is for prices to rise another 1% every year and that will be hard enough to achieve. For one, raising the debt ceiling is the first step for most inflationary measures...
I think Cenk said it wrong. The budget determines if you need to borrow because you are overspending. The debt ceiling is a limit on how much you can borrow - not if you will pay it back. The budget shows whether you plan on paying back
The US owes $36 trillion. It will never be able to pay that back. Economics dictates that it's okay. I bought a house. I will never be able to pay it off. Economics dictates that I'm fu%%ed.
@jrg5315 it's what happened from 2017 to the pandemic. Let's see if President Trump can do it again (without the pandemic)
9 วันที่ผ่านมา +2
At 7:55, they ARE related. If you were to cut the expenditures of the budget and/or raise revenues to such a degree that you eliminated the deficit and turned it into a surplus then it is true that you wouldn't need to raise the debt ceiling. It is not a forgone conclusion that we must increase our debt with each passing year. That's just the way we've operated this entire century thanks to George W. Bush and his successors, including Trump.
No debt ceiling = unbridled borrowing and/or spending. This suits Trump, because then he'll be free to add trillions more to the national debt without all the politics getting in the way and people kicking up a fuss in the media. Trump doesn't like being under the microscope, as it makes him look bad. KEEP THE DEBT CEILING!!!
@@dizzle.1983 So, Republicans have used it to threaten Dems and hold government hostage for several years, and we all know it doesn't raise the debt, it pays the debt.
Trump is going for the record. Trump only needs 1.5 trillion added debt to be the president who borrowed the most and economist say his plans will add 6 trillion debt these upcoming 4 years. Obama actually has the record because of the banking crisis.
To everyone complaining about him removing the debt ceiling what’s the point it’s been raising ever since we created a debt ceiling it’s constantly going over so why even have it?
@@adamabdulrahman2930 You would have a point if it were not for the fact that I have been questioning the existence of the Dept celling for the last 12 years.
To quote CGP Grey, the debt limit: 1. Creates a problem that ... 2. Congress can blame on the President who ... 3. Needs the solution that only Congress can provide. th-cam.com/video/KIbkoop4AYE/w-d-xo.html
I've said it numerous times and it's worth repeating here because the debt is being discussed again. It's not the social programs causing the debt. It's the stuff the social programs are paying for. Who owns this stuff? Why are they charging so much we are going into debt as individuals and a country to buy access to this stuff? The solution is a wealth tax on anyone with assets totaling over $10 million whether or not they sell the asset. This will reduce the price of those assets, reduce inflation, and more importantly get our debt under control.
😂 Dude, we don't have high taxes in Europa for nothing. The US didn't have a budget surplus for 23 years. In Germany they are cutting back and balancing the budget with 60% debt right now. Everybody should pay more tax in the US and the wealthy more of course. You've crumbling infrastructure with massive potholes and bridges falling down. You're social security is shit, you're healthcare is shit, homeless veterans on the streets and your pensions are shit. You live in the richest shithole in the world.
Have you ever looked up how much debt each president had during their presidency? You should probably look that up and then maybe adjust your comment. He didn’t have as much data as a lot of presidents even with Covid.
@@lolly1405 Trump had 1 trillion debt less in 4 years than Obama in 8 years and Obama had the banking crisis, which was a way bigger crisis. Banks were falling my friend. Trump had the highest debt of any president of the US in 4 years. He just needs 1.5 trillion more to have the most debt of any president in 8 years. Economist say Trump is gonna hit the 6 trillion in the coming 4 years. Making him by far the president who borrowed the most. I think you should look up debt by president and be amazed. Reagan was the one who raised the debt ceiling the most by the way, VOTE DEMOCRAT!!!!!!
@@bahamutzero4903 When did I say that? And I call BS. Conservatives have been calling Democrats communists for every little thing now and then Trump can do what he wants? I call BS.
And I doubt dems deserve any credit for having said it because they're going to cry foul and refuse to support it now that Trump said it. Neither party has any real principles they stand behind unless they think it'll make the other side look bad.
No debt ceiling so we can pay back what we have already spent. Spending limit so we don’t spend more than we can pay back. Limits on reducing intake from taxes so we don’t reduce what we can spend.
Yeah, the richest, and now arguably most powerful man on the planet is dumb when it comes to real life. Please drop a link to your self help book so we can all live our best life. My coworker parrots the same tired talking point. You must watch the same garbage.
@@FrightNight47like they said, book smart doesn't equate common sense intelligence. why do yall love sucking the elite off? lmao. Elon doesn't give a single solitary fk about you yet you're ready to go to bat for him. he's the richest man in the world who does absolutely nothing for anyone period.
@0:21 wanting to get rid of the debt ceiling while in office means two things: 1.- & his billionaire buddies are going to heist the U.S. government &; 2.- is planning to never leave the presidency! 😳
@@louniece1650 Oh, I understand. I´m just stating the obvious + its leverage Republicans use every goddamn year to get what they want & Dems tend to always cave.
@@stevebulbowmd7142 What does the debt ceiling have to do with him "never leaving the presidency"? His term ends on January 20 2029. Unless the Constitution is changed, his presidency won't go on any further past that.
Government debt can be a useful tool when managed properly. It allows countries to invest in infrastructure, education, and technology, fostering long-term economic growth. Borrowing helps cover budget deficits without raising taxes or cutting essential services, which can be especially important during economic downturns. Critics who oppose government debt often overlook its potential benefits. Rather than harming a country, responsible borrowing can lead to greater productivity and future prosperity. The key is managing debt sustainably-excessive debt is problematic, but moderate borrowing for growth is a smart economic strategy, not a financial burden.
yes but our governments are not responsible they are corrupt and will use it to steal even more from people who work. Our children and grandchildren will have to pay that back someday .
Obviously, the US government can always pay its debts, since they are denominated in dollars. When people and corporations lend money to the government, they are basically just storing away money they don't need to spend now. When they do that, they of course also signal a belief that the dollar will maintain its value in the future; nobody would want to be paid back in a currency that lost value.
I hope they listen to him on this matter. I know the skin-tag says many things that makes absolutely no sense but I hope the Republicans allow this. MTG seems to yell and get a little physical when she's annoyed.
He is full of contradictions Why was he not calling for abolition of the debt ceiling when Democrats were in control of the government The Debt ceiling does not eliminate debts already incurred as is the case with a discharge in bankruptcy Trump is just trying to make his job easy in advance of of assuming the presidency
There's too many people who don't understand that "debt ceiling" isn't about borrowing more money... It's about paying back the money that's been borrowed. In that way, the Republicans have successfully lied to people about their messaging. If you lower the debt ceiling then, like skipping paying back the credit card debt for that month, you've decided not to pay back what you owe. That's not the same a borrowing more money, as in asking the bank to increase your credit card limit from 5k to 10k.
The money will never be paid back. People pay for the deficit in the form of inflation. It is just another tax. The government should be forced to balance its' budget like most states do.
If this passes the way the new administration wants, you'll see interest rates skyrocket upward. Bond prices will drop because nobody wants to buy bonds during a debt binge. So it will cost the entire country a lot of money to pay back the debt.
@@billyzee261 Big difference is they didn't want too completely eliminate the debt ceiling FOR TWO FULL YEARS. And every bill has pork in it, but if the pork is actually being used for something useful who cares? I'm sure both sides had some pork in it.
Beyond a stupid idea. If the debt celling doesn't matter why do we even pay taxes? You cant just print as much money as you want! We do not need more inflation
You need to find a network that just says " orange man bad " in order to deal with Trump derangement syndrome. instead of listening to objective intelligent conversation
what r u smoking, hes about to make the billionaires trillionaires and the working class, the working cpoor, not that the DEMs werent ds0oing the same thing but he doesnt even try to hide it, BOTH parties represent their billionaire donors! dont know why this is so hard for people to understand.. As long as the sheep vote for one to stop the other, WE LOSE.
What's the point of DOGE if there is no debt limit?
If it was in good faith, the point would be to reduce the deficit to zero (or get a slight surplus, to slowly start bringing the entire debt down). Then we wouldn't need to have any debt limit discussions; it could be infinite at that point, but we'd be getting away from it.
Of course, this is all in theory. We know the Republicans will run massive deficits and brag about the economy.
@@mirokresonja8383 Yeah, like we had prior to Bush and the Republicans controlling both houses blew the hell out of the budget.
Bingo!!! They are full of it
“Nobody can wreck the economy like I do. I’m an unbelievable wrecker. I wreck economies like nobody has ever seen before”
Perfectly describes joe
@
Try simping harder.
@@Onewayto2024 some till don't get how economics work and capitalism.
LOL now that’s funny as fk
@@Onewayto2024 You are simping for senile joe though
"If they pay it back"??? LMMFAO! They're not payin back shit, they're just borrowing more cash!
Trump with no debt ceiling is downright scary, he would spend American in a financial collapse.
That's a bit of a misnomer. As a Trump with a debt ceiling is already leading to a financial collapse. Cenk is correct here, the debt ceiling is a gun that used to keep the federal government hostage. The reason Trump wants it removed is because he doesn't want the gun turned against him when he takes over.
Debt ceiling is BS. The money is already spent, this is just to pay the bill
But no debt ceiling under democrats wouldn’t be scary?
Congress has “power of the purse”. And the gop only has a 3 seat majority in the house.
In other words; Trump wants to spend recklessly and not pay the bill.
No surprise there.
So I guess Elizabeth Warren, Dick Durbin and Nancy Pelosi all want to do the same as well?
So odd. I seem to recall the same thing by another party.
@@christerry1773 Well, in all fairness, everyone wants to do that. Voter and politician alike.
@@shadowjudge921 truth
@@shadowjudge921 Fair. Our biggest expenses are social security & military; one is guns, and the other literally has the word ‘social’ in the title 😅
Since when has Trump ever cared about paying people back?
You can go from democrat to republican, but it’s difficult to go from liberal to conservative 😅
the debt celling is supposed to be a reminder to keep spending down by figuring out a budget. Eliminating the debt celling is just showing how politicians just dont care anymore about spending and are waving a white flag on any budget promises
Doesn’t opening the debt ceiling clear the way for trump’s additional four trillion in corporate tax cuts for the rich?
It does.
I'm not too sure TYT is against that idea anymore. Just give it a couple of months.
@@Jay-z2x Yeah, cuz clearly the debt ceiling was what stopped Trump from passing his corporate tax cuts the last time around 🙄
TYT starting to look like someone wrote them a check
TYT starting to look like someone wrote them a check
So they don’t want to pass the budget but have no cap on debt? WTH
@@susiechevalier221 Trump wants a thick and unrestricted wallet to make his billionaire donors whole. He already gave them the government, they want it all.
They don´t want to authorize the budget bill because there are too many social programs & Trump wants that money for his rich "buddies". Once THEY´RE in power, they don´t want a debt ceiling, so they can spend OTP, like drunken sailors!
The way i see it, debt ceiling is kind of a check and balance. Whenever funding legislature is being proposed, the ruling side have to worry about not hitting the debt ceiling on every decision.
If there's no debt ceiling, they don't have to worry about spending and would include every congressman's amendment requests and add to their bill just to get their vote to pass the bill.
Sure, it's being abused by the Congress but, not having this check at all seems more dangerous and that can be exploited worse than now.
Tyt didn't swing right 😂😂😂
They're covering the topics that are popular. Not the issues that effect 2 people
I agree that TYT didn’t, I mean he is going to be the new president (sadly). But I do think Ana has become more unhinged in the past few years. Lol Cenk has always been lowkey crazy so that’s normal.
No they totally have, they are giving trump WAY too much benefit of the doubt
Yeah, they're just trying to bring the left back to economics and not the bs identity stuff that just turns off a vast majority of the country that would otherwise agree with us on. They're sick of losing and are happy to take the wins where we can get them even if it's from Trump, cause guess what haters, he's in power. How did that 'resistance' go the first time around?
@@PDXMILO Whilst I agree on the economics & identity stuff but the sick of losing? Dems won the election in 2020 and did much better than expected in the last two midterms. With regards TYT they are definitely parroting right wing propaganda/lies. Ana especially can hardly contain her glee whenever she talks about Trump.
Debt effects literally everyone lmao that’s our money being taken & spent on things we can’t afford
The debt ceiling, doesn’t make very much sense when you continuously rase it
I got to stop drinking because my anger really comes out.
Trump blamed inflation on Biden and claimed prices would fall dramatically if he was elected.
Gas, eggs and bacon seemed to be the items he brought up the most, so I will monitor his success,
are there any other items that should be added to this list?
He claimed he would seal the border just as much, so you can count immigration numbers, too. I don't really think this is of comparable importance, but many Americans seem to disagree.
i will bet every dollar in my bank account that 3 years from now.... the prices ppl complained about "omg biden!!! look how expensive gas is!! and groceries!!!" ..... in 3 years those things will not only have NOT gone down in price, but possibly up.
Only people who don't understand inflation can take that promise seriously. After a period of 10% inflation, for the prices get back to their previous values, you'd need -11% inflation. That would wreck any economy.
The best you can hope is for prices to rise another 1% every year and that will be hard enough to achieve. For one, raising the debt ceiling is the first step for most inflationary measures...
Trump wants cart blanche to raise the debt to pay for his tax cut for the rich.
I'm not rich, and I benefited from his universal tax cuts
Next 4 years are going to be hilarious
Debt ceiling to be abolished? This proves he has no money, so he doesn't care about the inflation
I think Cenk said it wrong. The budget determines if you need to borrow because you are overspending. The debt ceiling is a limit on how much you can borrow - not if you will pay it back. The budget shows whether you plan on paying back
But millennia will it actually be paid back?
@ I just mean the interest not principal
The US owes $36 trillion. It will never be able to pay that back. Economics dictates that it's okay. I bought a house. I will never be able to pay it off. Economics dictates that I'm fu%%ed.
Trump will have to remove the ceiling! He doesn't want to take the hit for doing it when things go south as it will when he blows out the budget!
He is not wrong. Keep inflation at 2%, wage growth at 5%. Keep government spending in line. Keep the GDP growing to cover debt.
I’ll believe it when I see it
@jrg5315 it's what happened from 2017 to the pandemic.
Let's see if President Trump can do it again (without the pandemic)
At 7:55, they ARE related. If you were to cut the expenditures of the budget and/or raise revenues to such a degree that you eliminated the deficit and turned it into a surplus then it is true that you wouldn't need to raise the debt ceiling. It is not a forgone conclusion that we must increase our debt with each passing year. That's just the way we've operated this entire century thanks to George W. Bush and his successors, including Trump.
Let's just give the billionaires 100 trillion
The grammar is way too good on the truth social posts Somebody's got to be writing for him
No debt ceiling = unbridled borrowing and/or spending. This suits Trump, because then he'll be free to add trillions more to the national debt without all the politics getting in the way and people kicking up a fuss in the media. Trump doesn't like being under the microscope, as it makes him look bad. KEEP THE DEBT CEILING!!!
Dems will be against it now😂😂😂😂
Exactly
@@dizzle.1983 So, Republicans have used it to threaten Dems and hold government hostage for several years, and we all know it doesn't raise the debt, it pays the debt.
Even if we all agree on one thing, admitting you agree and going to the table to negotiate with a dictator will always result in tears
Trump is going for the record. Trump only needs 1.5 trillion added debt to be the president who borrowed the most and economist say his plans will add 6 trillion debt these upcoming 4 years. Obama actually has the record because of the banking crisis.
But who are they borrowing from? The Chinese? That's the real problem.
Feels like I’m watching Fox News
Don't you love it
That’s because after November 5 they’d better switch the program or sink into irrelevancy
@@truecore2040 sounds like some people that can’t stand by their morals
To everyone complaining about him removing the debt ceiling what’s the point it’s been raising ever since we created a debt ceiling it’s constantly going over so why even have it?
Because you are a hypocrite and only agreeing because Trump is the one saying this.
@@adamabdulrahman2930 You would have a point if it were not for the fact that I have been questioning the existence of the Dept celling for the last 12 years.
even a dead clock shows the right time twice a day 🙂
I agree 100% it is really ridiculous that we have to deal with it. They lift it every time anyway.
After his tirade against Dave Rubin, every time Cenk appears people should start chanting "Jerry! Jerry! Jerry!" 🤣🤣🤣
I'll believe it when I see it. He says everything to everyone.
To quote CGP Grey, the debt limit:
1. Creates a problem that ...
2. Congress can blame on the President who ...
3. Needs the solution that only Congress can provide.
th-cam.com/video/KIbkoop4AYE/w-d-xo.html
The debt ceiling violates the 14th Amendment. "The validity of the public debt of the United States, authorized by law . . . shall not be questioned."
No we need to abolish the debt,not the ceiling..NO MORE PRINTING FREE MONEY,UNLESS WE DECIDE TO JUST MAKE UNLIMITED MONEY AVAILABLE FOR EVERYONE
I've said it numerous times and it's worth repeating here because the debt is being discussed again. It's not the social programs causing the debt. It's the stuff the social programs are paying for. Who owns this stuff? Why are they charging so much we are going into debt as individuals and a country to buy access to this stuff? The solution is a wealth tax on anyone with assets totaling over $10 million whether or not they sell the asset. This will reduce the price of those assets, reduce inflation, and more importantly get our debt under control.
😂 Dude, we don't have high taxes in Europa for nothing. The US didn't have a budget surplus for 23 years. In Germany they are cutting back and balancing the budget with 60% debt right now. Everybody should pay more tax in the US and the wealthy more of course. You've crumbling infrastructure with massive potholes and bridges falling down. You're social security is shit, you're healthcare is shit, homeless veterans on the streets and your pensions are shit. You live in the richest shithole in the world.
Elon is correct if you cut spending enough in theory you wouldnt need to lhe debt ceiling because you would have money to repay debts.
The constant whining by these two is annoying. State your position and stand on it. Stop crying about the backlash.
Trump promised single payer in 2016.
Still waiting...
But do your golly gee shit
lol cuz our democratic leaders certainly have never…
Just because we apparently voted to put this man in office. Did it mean we all voted to go into The Nut house?😮
Only if you're poor. Trump and co. Can skip town anytime they want.
He wants the debt ceiling to be abolished so he can add as much as he wants to the national debt
Have you ever looked up how much debt each president had during their presidency? You should probably look that up and then maybe adjust your comment. He didn’t have as much data as a lot of presidents even with Covid.
@@lolly1405 Trump had 1 trillion debt less in 4 years than Obama in 8 years and Obama had the banking crisis, which was a way bigger crisis. Banks were falling my friend. Trump had the highest debt of any president of the US in 4 years. He just needs 1.5 trillion more to have the most debt of any president in 8 years. Economist say Trump is gonna hit the 6 trillion in the coming 4 years. Making him by far the president who borrowed the most.
I think you should look up debt by president and be amazed. Reagan was the one who raised the debt ceiling the most by the way, VOTE DEMOCRAT!!!!!!
Donald Trump’s presidency should be abolished.
Elon Musk's business empire should be abolished.
@@shadowjudge921along with Jeff Bezos’s empire
@@christerry1773 And every single Trump golf course.
@@HappyBanjo-oc3pc Sure thing. It's called winning an election. You should try it sometime.
I've told conservatives for years he was not a conservative. I. told. you. so.
Trump is not a conservative...he is ur daddy now beeotch
You've been saying a woman was a man for years, and I care just about as much.
We aren't ideologues, get it through your thick head lol.
@bahamutzero4903 hell yeah 😎 🤣
@@bahamutzero4903 When did I say that? And I call BS. Conservatives have been calling Democrats communists for every little thing now and then Trump can do what he wants? I call BS.
@@southernlanie When did I call Democrats communists?
Reality check, he can, he won in a landslide; he can alter the constitution if he wanted :P
You means dems are right about debt ceiling, trump gets no credit for listening to dems
And I doubt dems deserve any credit for having said it because they're going to cry foul and refuse to support it now that Trump said it. Neither party has any real principles they stand behind unless they think it'll make the other side look bad.
No debt ceiling so we can pay back what we have already spent. Spending limit so we don’t spend more than we can pay back. Limits on reducing intake from taxes so we don’t reduce what we can spend.
Musk is a booksmart genius who is DUMB AS A POST about real life.
Yeah, the richest, and now arguably most powerful man on the planet is dumb when it comes to real life. Please drop a link to your self help book so we can all live our best life.
My coworker parrots the same tired talking point. You must watch the same garbage.
@@FrightNight47like they said, book smart doesn't equate common sense intelligence. why do yall love sucking the elite off? lmao. Elon doesn't give a single solitary fk about you yet you're ready to go to bat for him. he's the richest man in the world who does absolutely nothing for anyone period.
@@FrightNight47 Don't have to wordy, just ask his daughter. He's a fruitloop and if you want to bet on him go ahead, I'll be cleaning up!
He wants to get richer as President
@0:21 wanting to get rid of the debt ceiling while in office means two things:
1.- & his billionaire buddies are going to heist the U.S. government &;
2.- is planning to never leave the presidency! 😳
This is what his voters want, too.
@@louniece1650 Oh, I understand. I´m just stating the obvious + its leverage Republicans use every goddamn year to get what they want & Dems tend to always cave.
@@stevebulbowmd7142 What does the debt ceiling have to do with him "never leaving the presidency"? His term ends on January 20 2029. Unless the Constitution is changed, his presidency won't go on any further past that.
Agree to eliminate debt ceiling if they continue the operation budget of the last 2 yrs for the next 2 yrs with no decreases
I call for red arrows in videos and thumbnails to be abolished.
This is going to make president Musk really really mad.
Now I see the right turn...
Because Trump says he wants to do something the left has been calling for, for a long time? Do you even understand how governing or politics works?
🤡
Government debt can be a useful tool when managed properly. It allows countries to invest in infrastructure, education, and technology, fostering long-term economic growth. Borrowing helps cover budget deficits without raising taxes or cutting essential services, which can be especially important during economic downturns.
Critics who oppose government debt often overlook its potential benefits. Rather than harming a country, responsible borrowing can lead to greater productivity and future prosperity. The key is managing debt sustainably-excessive debt is problematic, but moderate borrowing for growth is a smart economic strategy, not a financial burden.
yes but our governments are not responsible they are corrupt and will use it to steal even more from people who work. Our children and grandchildren will have to pay that back someday .
Probably the only liberal channel that is objective good journalism
No. Propaganda
"Neither a borrower nor a lender be," William Shakespeare had a better philosophy than Donald Trump.
Where did Elon say that?
We should back our currency with brain cells
They say in war the first casually is the truth.
but he has already won.
Obviously, the US government can always pay its debts, since they are denominated in dollars. When people and corporations lend money to the government, they are basically just storing away money they don't need to spend now. When they do that, they of course also signal a belief that the dollar will maintain its value in the future; nobody would want to be paid back in a currency that lost value.
Disagree with trump lower debt ceiling so much each year until we're out of debt
Thought they were balancing the budget. That makes no sense!
Don't forget agreeing with them makes them a grifter too
His Motto be like make the rich richer again
Make America Greedy Again
What’s next, getting rid of the filibuster? Not that the Democratic Party is in any shape to push back at all these next couple years
@@purewhiteloverbizarrejelly Progressives have wanted to get rid of the filibuster for years.
I hope they listen to him on this matter. I know the skin-tag says many things that makes absolutely no sense but I hope the Republicans allow this. MTG seems to yell and get a little physical when she's annoyed.
No way you stupid Republicans are so stupid and so is trump
He is full of contradictions Why was he not calling for abolition of the debt ceiling when Democrats were in control of the government The Debt ceiling does not eliminate debts already incurred as is the case with a discharge in bankruptcy Trump is just trying to make his job easy in advance of of assuming the presidency
There's too many people who don't understand that "debt ceiling" isn't about borrowing more money... It's about paying back the money that's been borrowed. In that way, the Republicans have successfully lied to people about their messaging.
If you lower the debt ceiling then, like skipping paying back the credit card debt for that month, you've decided not to pay back what you owe. That's not the same a borrowing more money, as in asking the bank to increase your credit card limit from 5k to 10k.
The money will never be paid back.
People pay for the deficit in the form of inflation. It is just another tax.
The government should be forced to balance its' budget like most states do.
sounds like they need new investors to pay old investors larger at the bottom and smaller at the top almost like a triangle
i am warming slightly to Trump, which makes me concerned for his safety
Seems suspicious, why they want to spend all this money right off the bat
Ana is agreeing with Trump does not surprise me.
Yes, Ana is neutral and reasonable. She's not a far-left hack like Sam Grifter or Hamas Piker.
So are you gonna support keeping the debt ceiling now, to stick it to Ana and Trump?
If democrats did it you’d be totally in favor.
Democrats wanted this forever. Just admit you're a follower of others an have no clue what you're talking about.
@MrDirtyVisage just admit that you are a cuck
@6:34 😂😂 idk why that tickled me so much lol
well, somehow you have to pay for the fact that Elon doesn't have to pay tax
...he also gets HUGE government subsidies for his companies.
Minus that he has paid more tax than any other human on earth but Ya other than that.
@@Dan16673 NO HE HASNT! LMAO!! NICE TRY!! GET EDUCATED
@Steven52396 awe someone cant even do a simple search
Im against raising the debt limit. Make it hard for congress to borrow.
Don't forget he's evil right?
Maybe try the Canadian model, pay it down instead of giving billionaires extra money eh.
This deficit hawk nonsense was ridiculous anyway. Hasn’t John Oliver debunked it already?
He's a fart smella... I mean a smart fella
I wouldn't be surprised if he collected and canned it, like Spaceballs. TBF, Biden probably smelled more than one baby fart.
Now let me watch the grifters calling it stupid when they were pushing for it for years 🤣🤣🤣 this is so funny 😂
If this passes the way the new administration wants, you'll see interest rates skyrocket upward.
Bond prices will drop because nobody wants to buy bonds during a debt binge. So it will cost the entire country a lot of money to pay back the debt.
@@billyzee261 Big difference is they didn't want too completely eliminate the debt ceiling FOR TWO FULL YEARS.
And every bill has pork in it, but if the pork is actually being used for something useful who cares? I'm sure both sides had some pork in it.
Oh look, el diaperito is throwing his party under the bus. Whoever saw this coming? How shocking. I am shocked. See my shock. How shocked I am.
Ana giggling at every comment Trump makes......🤢
hyperbolic and delusional, it’s sad, your attention spans must be imperceivable
She should cry right?
@@JamaWarsame-e4q Yep, there are only those 2 options....🤦♂
I'll believe it when I see it happens, but 😏 fingers crossed!🤞😶
If americans ran their household budgets like government? They would be saying I've got bills to pay, let me catch another credit card.....
Anna loves trump now 😂😂
He’s about to increase the debt by a 💩 load of money
He wants it raised to put all United States money in his bank account!!!!
I'm done with TYT. you've turned into a cheering squad for a tyrant.
Beyond a stupid idea. If the debt celling doesn't matter why do we even pay taxes? You cant just print as much money as you want! We do not need more inflation
Because it never works.
@@AZsportshut Huh?
@user-fl5fn7ev4q when has the debt ceiling worked???? Exactly.
Welcome to T.Y.T...THE YOUNG TRUMPS!
So you’ve never been in favor of eliminating the ceiling?
You need to find a network that just says " orange man bad " in order to deal with Trump derangement syndrome. instead of listening to objective intelligent conversation
If you're real and think that, you're just in a identity politics cult. Enjoy your delusions!
@ best comment all night!
LoL his master won't like that.
Trump is a fool.
Is “President Elon Musk” trending yet?
It should be. It will be fun to watch Trump melt down over it.
Can't spell Felon without Elon.
Democrats should use Trump.for progressive policies
Trump's about to be the most progressive president of our lifetime.
Really, and pigs fly?
Are you being sarcastic
what r u smoking, hes about to make the billionaires trillionaires and the working class, the working cpoor, not that the DEMs werent ds0oing the same thing but he doesnt even try to hide it, BOTH parties represent their billionaire donors! dont know why this is so hard for people to understand.. As long as the sheep vote for one to stop the other, WE LOSE.
@@angelhare8374 Trump baby balloons fly. I hope they bring those back.
Braindead comment
Yea Ana , based !! Real based, not ya wishy washy left wing based...