Sunday, June 04, 2023

"Debt Limit" Bill Has NO DEBT LIMIT

Some others were onto this much earlier....

...The core of the deal is a suspension of the debt ceiling — currently at $31.4 trillion — until Jan. 1, 2025. The Treasury Department could then use “extraordinary measures” to pay the bills, which typically last for months....

So there is no debt limit until the next Administration comes in. 

But there will be another 70,000 or so IRS agents--armed--who will make certain that you comply.  Not necessarily with tax law or IRS regulations, of course.  This is the Biden Regime we're talking about here. 

No doubt that Glen Grothman (Lying R-WI) and Scott Fitzgerald (Nepot R-WI) are comfy with this charade, because they think you voters are stupid.

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