Trump: 'There Are A Lot Of Good Reasons' To Eliminate The Debt Ceiling

[DonViejo]

Source: Talking Points Memo




By CAITLIN MACNEAL Published SEPTEMBER 7, 2017 2:14 PM

During a meeting with members of his Cabinet on Thursday afternoon, President Donald Trump indicated he would consider eliminating the debt ceiling entirely.

“It could be discussed,” Trump said when asked if he would be willing to nix the debt limit altogether, according to a White House pool report. “There are a lot of good reasons to do that.”

Trump’s comments came just one day after he rolled Republicans in Congress by siding with Democrats in agreeing to a three-month extension of the debt limit, tied to a short-term funding bill and Hurricane Harvey aid.

Raising the debt limit has become a daunting task in Congress, as conservative Republicans refuse to support a debt limit hike unless it is paired with budget cuts or fiscal reform. Given that stance, it’s not likely Republicans will be pleased that Trump would entertain completely lifting the limits on the federal government’s borrowing ability.

Read more: http://talkingpointsmemo.com/livewire/trump-consider-eliminating-debt-limit

[louis-t]

1. ..he states without providing one, good reason.

Fucking idiot.

[Kleveland]

6. But lots of people are saying.... that I can tell you!

Yeah, like anything else he exaggerates about, he has none, knows none, and is lying again, and again ad naseum.

[iluvtennis]

2. If I recall correctly, Trump campaigned that the deficit was too high and Obama should be...

ashamed of it. Wow, now, no debt limit proposal. Boy, I really do feel like I'm in the damn twilight zone.

[awesomerwb1]

3. Hahaha

Wtff is going on with this guy?

The tea partiers must be blowing gaskets.

[LonePirate]

4. It was just a matter of time before he started pissing off Repubs in service of his own needs.

[Juliusseizure]

7. And just a matter of time when he flips back

No core values except his own supremacy. Everything's open season.

[IronLionZion]

5. We can use his breathtaking ignorance to our advantage

This is an opportunity

[Juliusseizure]

8. By kissing his ass/bribery

It has a short shelf life though.

[DrToast]

9. He's right though

The debt limit is an absurdity. Congress already determines spending.

[Sgent]

10. Wow

the first good policy I've heard Trump endorse. Its also funny that FR can't figure out what they should do -- follow Trump or Ryan / McConnell.

[Lucky Luciano]

12. Indeed. The debt limit is a farce, but I give that asshole no credit for saying this.

He is saying it because it will benefit him somehow. He will probably be the contractor who builds the wall....through the use of a lot of debt!

[Turbineguy]

11. Name six!

OK, name 4.

Alright, name 2

Oh hell, never mind!