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Over the past two decades, the national debt in the United States has skyrocketed. In the year 2000, it was $5 trillion, but under Republican President George W. Bush and Democratic President Barack Obama, it doubled twice, reaching $20 trillion by the end of Obama's term. In the last six years, with both Republican and Democratic presidents, the debt has grown to $31.5 trillion. This level of spending is unsustainable and has led to inflation and rising costs for everyday items. The debt ceiling, which is coming up, has historically been used as leverage to force spending reforms. It is important to note that defaulting on the debt is not an option, as there is sufficient revenue to cover interest payments. The Republicans aim to use the debt ceiling as a tool for meaningful structural reforms to address the underlying problem. Joe Biden's refusal to negotiate is unreasonable, and the press should not simply repeat partisan talking points. Biden's recent State of the Union speech was disappointing, angry, and divisive. He failed to take responsibility for policy failures, such as inflation and the border crisis. The speech could have been an opportunity for Biden to reach out to the new Republican majority, but instead, he doubled down on failed policies. The removal or weakening of the blue slip, a senator's ability to influence judicial appointments in their state, would be detrimental to the institution of the Senate. The prediction that weakening the Senate's filibuster for judges would result in more conservative Supreme Court justices has proven true. Democrats were willing to prioritize partisan politics over the integrity of the Senate.

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People with TDS or EDS will slander anyone, and the truth doesn't matter to them. During Obama's second term, the deficit increased by $3.5 trillion. Under Trump, the deficit increased by $7.8 trillion due to the pandemic, which cost $3.6 trillion. $1.9 trillion of that deficit came from tax cuts, which put money back into the American people's pockets. At the rate our deficit is increasing, our government and our country is on pace for economic collapse. Trump and Elon are trying to fix this. If we don't change something, the only thing our government will eventually be able to commit money to is servicing debt, meaning no federal employees are getting paid, no SNAP benefits, no food stamps, no section eight, no Social Security. Do not listen to these fearmongers.

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Senator Hawley introduced legislation to ban members of Congress, the President, and the Vice President from owning or trading individual stocks. When asked if he was in favor of the legislation, the speaker responded that he likes it conceptually. He stated that Nancy Pelosi became rich by having inside information and made a fortune with her husband, which he finds disgraceful. He would need to study the legislation carefully, but conceptually, he likes it.

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The speaker expresses disbelief at being involved but feels compelled to address the growing $2 trillion federal budget deficit. The speaker's "wake up call" was realizing that interest payments on the national debt now exceed the Defense Department budget. The speaker fears that if the debt issue isn't addressed, the U.S. will be servicing debt indefinitely, leaving no funds for other priorities. The speaker states the goal is to prevent American bankruptcy. Despite difficulties managing other businesses, the speaker is focused on making government more efficient and eliminating waste and fraud, reporting good progress so far.

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It's time to end the Federal Reserve. Representative Thomas Massie from Kentucky has introduced the "End the Feds" bill, HR 8421, aiming to abolish the Federal Reserve Act. He believes that the Federal Reserve is responsible for crippling inflation, having created a trillion dollars during COVID to fund unprecedented deficit spending. This has devalued the dollar and led to high inflation, effectively acting as a hidden tax on Americans. The national debt has soared to $34 trillion due to continuous money printing. To support this initiative, contact your state representative and express your support for Massie's bill. Stay updated by following him on social media and sharing this message.

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This situation was avoidable. In January, I warned against repeating past mistakes where Republicans relied on Democrat votes for major spending bills. I supported Speaker McCarthy, helping pass key legislation, but our unity faltered with the Responsibility Act, which lacked significant spending cuts. Despite promises to leverage the debt ceiling for reforms, we ended up with an unlimited increase. The Speaker failed to bring all appropriations bills to the floor on time, leading members to negotiate among themselves. I reluctantly agreed to a compromise to move forward, but when a critical vote failed, it became clear the Speaker was unwilling to fight against Democrats. With national debt soaring and inflation high, we need a leader who will truly fight for fiscal responsibility. Regrettably, I must vote to vacate the chair.

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**Speaker 0:** 212 Democrats voted against no tax on tips, Social Security, and overtime. If the government makes money and spends it responsibly, taxes aren't necessary. The new administration is holding the government accountable, and people are mad about it. **Speaker 1:** There's no tax on tips, overtime, or Social Security in the budget resolution. Taxes are normal. This utopia where nobody pays taxes isn't going to work. Read the budget before lecturing people about it.

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My colleague from Oklahoma claims that not supporting Kevin McCarthy would cause chaos, but I disagree. Chaos is having $33 trillion in debt and a $2.2 trillion annual deficit. Chaos is not passing single subject spending bills and relying on continuing resolutions and omnibus bills. We need reforms that go beyond McCarthy's time in office, such as open amendments and a clear understanding of the budget. These changes would lead to legislative progress, even if it means sometimes losing or forming unexpected partnerships. The American people expect us to work hard and deliver, something Speaker McCarthy has failed to do. That's why I've called for his removal.

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While Americans were celebrating Memorial Day, Washington was making another debt-increasing deal with no real changes. This bill has no cap on raising the debt and we don't know the exact number. It might cut $12 billion in year 1, but that's not worth the $4 trillion it adds. The bill keeps Biden's policies and spending intact, including the Green New Deal subsidies that could harm the electric grid. Republicans should not vote for this bill because it doesn't demand renegotiation and doesn't address the border issue. Democrats are supporting it because it doesn't change their policies or spending. Republicans should vote no and find a better deal.

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Speaker 0 argues Republicans pretend to care about the debt yet vote for spending, noting they would "expand Social Security by a $100,000,000,000" while "Social Security's already gone bankrupt." He warns of a possible "sudden loss of confidence in the dollar" and cites debt costs: "a trillion dollars a year" in interest (18% of tax revenue). He says Democrats rely on "modern monetary theory" while Republicans "pretend to care" but keep spending. His cure is the "penny plan"—freeze, then 1% cuts, then a "6% cut of everything" across the board, with means testing for Social Security/Medicare and a gradual retirement age to 70. He criticizes the "$500,000,000,000" "not so beautiful bill" and backs a "rescission package" to roll back existing approvals, e.g., capping Obamacare expansion and shifting Medicaid costs to the states, saving about $1 trillion over ten years. He outlines three scenarios: deflation, domestic unrest, and war, and notes currencies, gold, and crypto havens. He praises Elon Musk; Mille could not run for president because he was born in Argentina.

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I don't support Kevin McCarthy as Speaker because he can't be trusted and has caused chaos. The real chaos is the $33 billion debt, $2.2 trillion annual deficit, and the lack of passing single subject spending bills. We've been governed by continuing resolutions and omnibus bills since the mid-90s, which is chaotic. We need reforms like open amendments and understanding the budget. If we had these reforms, there would be times when my conservative colleagues and I would lose, but the American people would see us legislating. Speaker McCarthy hasn't delivered, so I've moved to vacate the chair.

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Scott and Mike Pence, both Republicans, voted to raise the debt, while Donald Trump added a staggering $8 trillion to our national debt. This is a burden our children will bear. Looking at the 2024 budget, Republicans requested $7.4 billion in earmarks, while Democrats asked for a mere $800 million. It's clear that the Republicans are the big spenders. We need an accountant in the White House to address this issue.

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The speaker opposes attaching the SAVE Act to the continuing resolution (CR), calling it a repetitive tactic that results in a clean CR after Senate removal. Passing the SAVE Act would lead to excessive spending: $6.3 billion a day, $3 billion in interest, and $77,000 per second, increasing the $36 trillion debt. Interest payments could exceed the annual national defense spending. The CR also restricts new military programs. The speaker notes that 73% of appropriations have passed, with 27% remaining. The speaker questions the point of passing the SAVE Act if the Senate won't consider it or HR 2 to secure the borders. The speaker claims adding debt will cause inflation, harming the middle and lower classes. The speaker is willing to shut down the government or the border to protect elections.

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I wear a debt badge synced to the treasury to highlight the urgency of our national debt. It's hard to grasp trillions, but seeing the numbers climb rapidly makes it real. We're essentially launching cyber trucks of debt into the ocean every second. Lawmakers are apathetic, but we can't keep ignoring it. We're taxing the world by printing money as the reserve currency, but that won't last. We're weaponizing the dollar with sanctions and seizing assets, discouraging other countries from using or buying our debt. Some colleagues understand the problem, but vote for it anyway because it's popular. Our military-industrial complex drives endless spending, creating ill will and creating enemies. I try to make people realize there are consequences to their actions on the floor of the House, but I still am against sending our money overseas for these purposes.

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Elizabeth Warren believes we should eliminate the electoral college. I am open to discussing this because the popular vote's importance in choosing the president has been reduced.

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Warren Buffett suggests a solution to the national debt problem in just five minutes. He proposes passing a law that would make all sitting members of congress ineligible for reelection if the deficit exceeds 3% of GDP. According to Buffett, accountability is lacking in America, and implementing it in various sectors such as hospitals, congress, Medicare, Medicaid, real estate, and education would bring about significant changes.

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I'm wearing this debt badge that syncs to the treasury, showing the debt to the penny and how fast it's growing. It's a hundred thousand dollars a second, like launching cyber trucks into the ocean continuously. Lawmakers are apathetic, but I'm trying to make them realize the consequences. We're able to finance this because we're the world's reserve currency, effectively taxing the world through inflation. But this won't last. Ironically, sanctions are pushing countries away from using the dollar. Seizing other countries' assets is immoral and shortsighted, discouraging them from buying our debt. Some colleagues understand this, but vote for things anyway because it's popular. I keep dissenting, voting against foreign aid and proxy wars. It's not about right versus left, but honesty versus falsehood.

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We are working to cut a trillion dollars from the deficit because if we don't get the deficit under control, America will go bankrupt. A country is no different than an individual. If you overspend, you will go bankrupt, and the massive waste and abuse that has been going on has led to a $2 trillion a year deficit. That is what the President was handed on January 20th: a $2 trillion deficit. It's insane.

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The speaker presents a conditional scenario directed at the president: if the president said today that he would be happy to meet with the Democrats if they stop holding the government hostage, then Democrats could walk in tonight, pass the continuing resolution (CR), and provide seven weeks. The speaker believes the president could then bring everyone together, and that the Democrats would likely negotiate on a number of issues and reach an agreement. The speaker emphasizes that the president does not want to negotiate under duress. This point is tied to a claim about Democratic sentiment: anonymously, a Democrat senator told the speaker that none of them want to vote to open the government because, in their words, “we’d face the guillotine.” The speaker notes that these words came “from our base,” suggesting this is the view of the president’s political allies or supporters. In summarizing the exchange, the speaker asserts that this line of reasoning reflects a critical dynamic in the current standoff: the possibility that a straightforward, pressure-free offer from the president to engage with Democrats could break the deadlock and lead to a constructive dialogue on policy issues. The implication is that the threat or perception of political duress is a barrier to reaching a resolution, and that a different approach—one that signals openness to negotiation without coercion—might unlock bipartisan progress. The transcript includes the assertion that if the president were to publicly welcome negotiations under a non-duress framework, there would be movement toward a compromise on multiple issues, facilitated by a temporary timeline (seven weeks) and a renewed, inclusive negotiation process. The speaker underscores the idea that such an approach could shift dynamics away from fear of political punishment within the base toward substantive agreement. Towards the end, the speaker remarks, “Look. Think you just made a very important,” indicating that the argument is intended to highlight a potentially pivotal point about how the administration’s stance could influence willingness to engage and resolve the government funding impasse. The transcript ends with this incomplete thought, leaving the broader implications implied but not fully explicit.

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The Musk Johnson proposal lacks seriousness and is seen as laughable. Extreme MAGA Republicans are pushing us toward a government shutdown. Are you considering the possibility of regretting not supporting a clean debt ceiling agreement?

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Speaker 0: "Republicans pretend to care about the debt... then they vote for all the spending." "We're gonna expand Social Security by a $100,000,000,000." "Social Security's already going bankrupt." He links the debt to inflation: "inflation that's linked to the debt." He proposes drastic cuts: "the penny plan"—"a freeze in all spending" to "balance within five years," then "a 1% cut" and "the six penny plan." He argues for means testing and raising the age to 70: "the richer would get a lot less." He critiques both parties: "top 1% pay 40% of the income tax. The top 10%, people making 200,000 or more pay 90% of the income tax." He cites "the big not so beautiful bill" and calls for capping Medicaid expansion and shifting Medicaid to the states. He condemns anti-immigration talk as "morons" and says "I commend for the president shutting the border down. I'm a big fan of Elon Musk." He lists three scenarios: "deflating the currency," "domestic unrest," and "war."

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Supporters of the bill admit it adds $270 billion to the debt next year, which is the only certainty. The bill also increases the debt ceiling by $5 trillion. This increase is an admission that they aren't controlling the deficit and anticipate adding trillions more in ensuing years. The authors of the bill are anticipating adding more than $2 trillion next year.

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Speaker 0 expressed disappointment with a large spending bill, claiming it increases the budget deficit. Speaker 0 connected this to the work being done by the Doge team. Speaker 1 stated that everything done on Doge gets wiped out in the first year due to the bill. Speaker 0 stated that a bill can be big or beautiful, but not both, in their opinion.

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Speaker 0 argues Republicans pretend to care about the debt but vote for all the spending: "We're gonna expand Social Security by a $100,000,000,000." "Social Security's already going bankrupt." He warns of "cataclysmic" events and a possible loss of confidence in the dollar. Speaker 1 adds: "The US right now is paying a trillion dollars a year just for the interest on its debt, which is about $36,000,000,000,000." They discuss three scenarios—"deflating the currency," "domestic unrest," and "war"—and a possible bond-market collapse. The plan: a "penny plan"—"1% cut" rising to a 6% across-the-board reduction, with "means testing," raising the Social Security/Medicare age, and capping Obamacare expansion by shifting Medicaid costs to the states. He praises Elon Musk and opposes ending legal immigration as "morons."

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The speaker expresses agreement with someone frustrated about the country becoming "debt slaves." This individual believes Congress needs to regain the ability to say "no." Despite this agreement, the speaker is not yet prepared to abandon the current bill.
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