They are kicking the can down the road. Sections of the government will shut down in January with the rest in February.
Rapidcreek
joined 2 years ago
Treasury buys 11% of debt. The US Government owns 27%. When the government borrows money it uses a vehicle like a bond. When it pays interest, it all goes to Treasury. So, actually the government is borrowing money from all the bond holders and creating debt by expenditures paid from Treasury and when it pays interest that also goes to Treasury. But, only 11% of debt is held by Treasury so in the scope of things there is not much borrowing going on with Treasury. But, they do see interest as a book transfer
The US itself owns 38% of the debt, and private US investors own another 38% So, 76% of that trillion either goes back to the Treasury Department or remains in US circulation for further investment. Which is the rest of the story.
Schumer delayed debate on the Senate CR tonight saying that "we will see what comes from the house". So it looks like the Senate will go for it.
It's quite possible that the Department of Agriculture will be unfunded by the Iowa primaries.
Yes.
But he did leave.
You need the military to pull off a coup.
He is , in the final analysis and always, a coward.
It may well turn out that being elected Speaker is the worst thing ever to happen to Johnson.
God misses again.
Johnson will depend on democrats the same way McCarthy did. The Republican nutsos won't like that. Remains to be seen what the senate will do.
Sen. Sheldon Whitehouse: "This is a long-overdue step by the justices, but a code of ethics is not binding unless there is a mechanism to investigate possible violations and enforce the rules. The honor system has not worked for members of the Roberts Court."
Agree to record the proceedings and release 4 weeks after a verdict and all apeals have been exhausted. You can have your sunshine asshole. And fuck you media...try some actual news for once.
Which is kinda funny since a laddered CR was their idea to begin with.