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by JumpCrisscross
483 days ago
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> We don’t have the ability to issue more debt at the moment One, DOGE isn't doing anything to cut spending. Every dollar Musk "cuts" that doesn't get Congressional authorisation is just being borrowed from future litigation plus all the time and expense that will eat up. Two, if DOGE can supercede the Congress than so can the Treasury in issuing new debt. Trump has said he wants to kill the debt limit. He could just try that with an executive order. DOGE is already shredding contracts and blocking lawful payments--we're already jeopardising the full faith and credit of the U.S. government. (Ironically, in a manner similar to how South Africa trashed itself in modern history.) |
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