Debt Ceiling & 28 April Budget Expiring-what will happen?

[Rob Base 2.0]

So 2 things are coming up relatively soon (28 April will be here before you know it) and the Dems and Repubs are at war......will they be able to agree on these 2 things in time?

 Current "temporary" government budget "expires / ends" on 28 April unless they extend it or approve an axial budget.

Also it looks like the Treasury will run out of money around Memorial Day which gives a little bit more time for the Budget Ceiling thingee.......

How do you think these 2 things will be resolved?

[emma1420]

The dems can and should hold their ground on the budget.  However, they shouldn't screw with the debt ceiling, and I don't think they will.

[Value Buy]

Mar 9, 2017 17:06:35 GMT -5 emma1420 said:

The dems can and should hold their ground on the budget.  However, they shouldn't screw with the debt ceiling, and I don't think they will.

What can the dems do about either item?

[Rukh O'Rorke]

Cat in the Hat?

Or Horton Hears a Who?

[mroped]

Mar 9, 2017 22:49:00 GMT -5 Value Buy said:

Mar 9, 2017 17:06:35 GMT -5 emma1420 said:

The dems can and should hold their ground on the budget.  However, they shouldn't screw with the debt ceiling, and I don't think they will.

What can the dems do about either item?

Uhhhh vote it down just to be pissers?! Just to give a taste of their own medicine to the republicans? Challenge every single line item on the budget?
Make comments like "this budget is outrageously wrong and inappropriate!" but not to offer an explanation as to why or an alternative to the budge?

Need I go on?

[Rob Base 2.0]

Mar 9, 2017 22:49:00 GMT -5 Value Buy said:

Mar 9, 2017 17:06:35 GMT -5 emma1420 said:

The dems can and should hold their ground on the budget.  However, they shouldn't screw with the debt ceiling, and I don't think they will.

What can the dems do about either item?

Can't they filabuster or vote it down? I thought repubs didn't have a super majority or whatevs

[Value Buy]

Mar 10, 2017 8:26:16 GMT -5 Rob Base 2.0 said:

Mar 9, 2017 22:49:00 GMT -5 Value Buy said:

What can the dems do about either item?

Can't they filabuster or vote it down? I thought repubs didn't have a super majority or whatevs

Just like the Republicans under President Obama they will fold in the end.
How many are up for re-election in less than two years? They do not want that budget fiasco on their backs facing an election.
Outside of Warren, Pelosi and Schumer who will be re-elected if they were six feet under, many democrats are on the bubble in now some luke warm Republican states that used to be solid Democratic states.

[mroped]

That bubble that you speak off VB will be gone before the year ends. In fact will be gone as soon as Trumpcare goes to the floor and more people hear and understand about it.
Take for example Florida: highest number of enrollee s in Medicaid under Obamacare. Take that away from them and watch what happens.
They voted to Make America Great Again and that's what they'll get! Now pass the popcorn please!
And is not about the fact that they will fold at the end but more to show that any stick has two ends and you have to be careful how you hold it!

[bean29]

I see a couple of problems with Trump Care that will be issues at election time.

1)  Taking away the taxes on the "Ultra Wealthy" that support/reinforce Medicare.

2) Lifting the $500,000 limit on executive compensation for corporate tax deduction.

3) The Trumpcare "Penalty" to gain insurance after being uninsured ~equivalent to the (ACA)Obamacare Penalty for being uninsured, but it is regressive on the Poor and favors higher income people and it is higher that the Obamacare Penalty.

They say the CBO Scoring will be very bad.  They say that Trumpcare will cause more people to gamble on being uninsured than Obamacare (ACA) did, so it will destabilize the marketplace more than ACA did.

Obamacare failed to address the Excessive Cost of prescription's Pharmaceutical companies charge Americans vs. the rest of the world.  Trumpcare is still not doing that.  I think Americans as a whole (Both R and D) want Congress to address this.  Congress is still a "Swampland" taking "bribes" from industry lobbyists to maintain the status quo.  

[Rob Base 2.0]

So does the failure of "TrumpCare" shed any light on what you think will happen with these 2 issues?

Debt Ceiling

Approving Budget before 28 April

[djAdvocate]

the next budget will not be the president's version
debt ceiling will be extended
the ACA will still be in place

[Rob Base 2.0]

But will they approve something before 28 April?

CRA?

Government shutdown?

[djAdvocate]

Mar 28, 2017 20:03:25 GMT -5 Rob Base 2.0 said:

But will they approve something before 28 April?

CRA?

Government shutdown?

oh no.  no shutdown.  CRA?

[AgeOfEnlightenmentSCP]

Mar 9, 2017 16:56:22 GMT -5 Rob Base 2.0 said:

So 2 things are coming up relatively soon (28 April will be here before you know it) and the Dems and Repubs are at war......will they be able to agree on these 2 things in time?

 Current "temporary" government budget "expires / ends" on 28 April unless they extend it or approve an axial budget.

Also it looks like the Treasury will run out of money around Memorial Day which gives a little bit more time for the Budget Ceiling thingee.......

How do you think these 2 things will be resolved?

What do you mean what will happen? The usual.

[countrygirl2]

Just have enough money on hand to live a few months and let her rip. The way its going you

better do that anyway.

[Rob Base 2.0]

CRA= continuing resolution authority

We don't really have a budget for this fiscal year since they punted. Right now we are operating under CRA (which means we can spend relative to what we spent last year) But it runs out 28 April

Of course they can do another stop gap CRA from 28 April to another date

Or we can have a CRA for the whole year.

[Rob Base 2.0]

Mar 28, 2017 21:21:07 GMT -5 AgeOfEnlightenmentSCP said:

Mar 9, 2017 16:56:22 GMT -5 Rob Base 2.0 said:

So 2 things are coming up relatively soon (28 April will be here before you know it) and the Dems and Repubs are at war......will they be able to agree on these 2 things in time?

 Current "temporary" government budget "expires / ends" on 28 April unless they extend it or approve an axial budget.

Also it looks like the Treasury will run out of money around Memorial Day which gives a little bit more time for the Budget Ceiling thingee.......

How do you think these 2 things will be resolved?

What do you mean what will happen? The usual.

"The usual"??

Let's see, we had a government shutdown in 2013 for 15 days. Some fiscal years the we operated under a CRA for the whole year. Some years some things were cut. Some years budget items were increased. We had these wars that caused "supplemental budgets"....,

Dude, there is no "usual"

[AgeOfEnlightenmentSCP]

Mar 29, 2017 7:01:26 GMT -5 Rob Base 2.0 said:

Mar 28, 2017 21:21:07 GMT -5 AgeOfEnlightenmentSCP said:

What do you mean what will happen? The usual.

"The usual"??

Let's see, we had a government shutdown in 2013 for 15 days. Some fiscal years the we operated under a CRA for the whole year. Some years some things were cut. Some years budget items were increased. We had these wars that caused "supplemental budgets"....,

Dude, there is no "usual"

We've never had a budget cut- ever. Certainly not in my lifetime or yours. Oh, sure- we've re-arranged the deck chairs, but there's never been a year when the federal budget was less than it was the year before.

CRAs is just a method for doing the usual.

The usual is the usual- and it is, they'll raise the debt ceiling to continue the spending binge. 

[djAdvocate]

Mar 29, 2017 10:08:56 GMT -5 AgeOfEnlightenmentSCP said:

Mar 29, 2017 7:01:26 GMT -5 Rob Base 2.0 said:

"The usual"??

Let's see, we had a government shutdown in 2013 for 15 days. Some fiscal years the we operated under a CRA for the whole year. Some years some things were cut. Some years budget items were increased. We had these wars that caused "supplemental budgets"....,

Dude, there is no "usual"

We've never had a budget cut- ever. Certainly not in my lifetime or yours.

false, if you are working with "real dollars" (adjusting for inflation), we had a true budget cut in the following years:

1993, 2010, 2012, and 2013. 

however, those were the only (4) years in your lifetime.  the inflation adjusted budget was the same in 2014 as 2013.

if we could keep that up even for another (20) years (having half the years be true budget cut years) we would be swimming in black ink.  but, now that the POtuS has his grip on things, we can forget about that.

[AgeOfEnlightenmentSCP]

Mar 29, 2017 10:22:23 GMT -5 djAdvocate said:

Mar 29, 2017 10:08:56 GMT -5 AgeOfEnlightenmentSCP said:

We've never had a budget cut- ever. Certainly not in my lifetime or yours.

false, if you are working with "real dollars" (adjusting for inflation), we had a true budget cut in the following years:

1993, 2010, 2012, and 2013. 

however, those were the only (4) years in your lifetime.  the inflation adjusted budget was the same in 2014 as 2013.

if we could keep that up even for another (20) years (having half the years be true budget cut years) we would be swimming in black ink.  but, now that the POtuS has his grip on things, we can forget about that.

As I was saying, we've never had a budget cut in real terms. Real dollars are the only kind of Dollars there are, but if you want to play that game- 2010, 2012, and 2013 were like a furniture sale-- we didn't cut anything. The budget was bloated by temporary stimulus-- none of which went away in real dollars-- but it did level off in inflation adjusted dollars.

[djAdvocate]

Mar 29, 2017 15:43:28 GMT -5 AgeOfEnlightenmentSCP said:

Mar 29, 2017 10:22:23 GMT -5 djAdvocate said:

false, if you are working with "real dollars" (adjusting for inflation), we had a true budget cut in the following years:

1993, 2010, 2012, and 2013. 

however, those were the only (4) years in your lifetime.  the inflation adjusted budget was the same in 2014 as 2013.

if we could keep that up even for another (20) years (having half the years be true budget cut years) we would be swimming in black ink.  but, now that the POtuS has his grip on things, we can forget about that.

As I was saying, we've never had a budget cut in real terms. Real dollars are the only kind of Dollars there are, but if you want to play that game- 2010, 2012, and 2013 were like a furniture sale-- we didn't cut anything. The budget was bloated by temporary stimulus-- none of which went away in real dollars-- but it did level off in inflation adjusted dollars.

no, Paul.  we cut the budget in real terms in those four years.  i used real federal outlays, including SS.

if you disagree, show me the money (literally).

[Rob Base 2.0]

Tick Tock....the deadline for 28 April is close......the debt ceiling will come next

Congress dudes go back to work next week

Trump is pushing for Wall funding.......

Shutdown?  Doesn't appear to be a lot of talk about it, so I am guessing there won't be a shutdown

what do you think?

[busymom]

Just for "fun", I'll bet on a shutdown.  Or, at the very least, they won't resolve their issues until the very last minute.

[Rob Base 2.0]

Most are thinking we will have a Continuing Resolution for the entire year (which means we operate at FY16 levels for this year). We had do a couple of taskers like that at work the last 2 weeks.

[Phoenix84]

Probably a lot of bitter debating and playing chicken and at the 11th hour something will pass and the government will be funded for another year.

[Wisconsin Beth]

Apr 23, 2017 12:24:00 GMT -5 Phoenix84 said:

Probably a lot of bitter debating and playing chicken and at the 11th hour something will pass and the government will be funded for another year.

yep.

[souldoubt]

Apr 23, 2017 12:24:00 GMT -5 Phoenix84 said:

Probably a lot of bitter debating and playing chicken and at the 11th hour something will pass and the government will be funded for another year.

This.  There will be political posturing and in the end they'll come together and agree to continue spending money future generations will be on the hook for.

[countrygirl2]

Will he get his wall funding?? I think not.

Changing of ACA, doubt it, he is courting the ultra right now, so will likely lose

middle of the road

Fun and games and all the same or likely worse

[dondub]

 Even par? He cheats at golf?

[billisonboard]

Apr 23, 2017 20:18:52 GMT -5 dondub said:

 Even par? He cheats at golf?

If you don't count all the illegal strokes added to par, he shoots under par.