Debt ceiling deadline extended to June 5

Any compromise will need support from both Democrats and Republicans to pass in Congress. A federal default on the national debt could send the economy into chaos.

[jamesingram]

They will extend until they all are satisfied with how much money goes in their own pocket…..

[ynotttt]

The Dr told me I have a week left to live. I told him I couldn’t pay my medical bill. He gave me 2 weeks.

Ha!!! That’s exactly what Janet Yellen just said

[mackthenight]

If they can just "extend the deadline" so they can have a weekend that means it's NOT as serious a problem as they are making it out to be.

[dennisoravetz]

What the hell are they going home for. They have too much time off now besides being overpaid.

[DrunkGranny]

I started working since I was 14 years old, as did my deceased husband. I'm now 68 years old. So, for 51 years of my working life, social security was deducted from my paycheck as was my husband before his death. As a widow I can only collect either mine or his social security. Since he earned more, I picked his. However, I am only allowed to get 70% of his social security and had to give up 100% of mine. That's 130% taxation I have pay for social security benefits that my husband and I already earned.

I only hear the GOP MAGA demanding Biden give away all of my benefits as well as well as that of my 87 year old mother's social security widow's benefit too. Get us to go to work the MAGA says. I was already having a problem getting a job in my field when I was 54 years old, I had to work retail until I could retire.

So, if they are making "deals", what's MAGA putting on the table? Nothing! That's right. MAGA is putting NOTHING in the negotiations! They only want Democrats to give, so they can take and give nothing! They demand the retirement funds we already paid into. And two weeks after they manage to steal what we earned, MAGA will be introducing legislation to give the wealthiest a huge tax cut.

MAGA wants to give my social security to the rich, many of them who have not paid taxes in years! So once those ultra rich tax evaders get my benefits, they won't have to pay any taxes. It's not about fiscal responsibility, as MAGA says, if they plan to add more to the deficit by giving the rich more tax breaks and corporate welfare to fund their businesses by using my social security instead of using their own money through the SBA.

We workers made these companies rich through our labor, but that's not enough for those greedy misers. They think they need to squeeze every bit of life we have left for themselves like ruthless vampires.

[Standingforrighteousness]

There is no debt ceiling crisis these folks just want you to be fearful and worried. Don't let them play on your top, they just some actors, characters in people's illusions.

[billsmith]

They already passed a budget... And sent the money to

[TomSmith-srbr]

June 1, now June 5. Sen. Kennedy said we won't default until August.
And the news media is following them like a bunch of clowns.

[DistrustHumanz]

As a member of the first generation to get much less from the system than what I paid into it, I could care less. Being a hard-working, honest tax-paying citizen is now a kiss of death in our society. The only way to survive is to constantly present yourself as a victim. Let it fail!

[jamesdrake]

Thanks janet, so there really is NO DEBT crisis!

[georgemaximus]

They are going to keep extending it. Even if the government actually defaults, it’s probably not going to be made public. Everyone wakes up one morning and be like… what happened???

[gerald]

if you quit wasting money on foreign aid and diversity training....we wouldnt need to raise the debt limit...

[joeblankenship]

Extend it until we figure out how to spin wool into gaddamn gold.

[kristypiits]

The president doesn't seem to be too worried about it he went on vacation!!!!

[rjintheusa]

Increase the debt limit? How about securing our border and addressing all the violence that is deliberately being allowed to take place in our country?

[heavyd]

They could extend the deadline to September if they wanted to.
It just means the bond holders won't get paid.
Its just like if you or I were late on a loan payment. We called the bank and asked for an extension and they gave us another 30 days.

[davidbenner]

Gosh. The "deadline" can be moved? How many times will it be moved, I wonder?

[ianrichardmorrissey]

The usual theatrical bullshit before both parties retire to the same bedroom and share the same bed.

[Gyfrctgtdbhf]

They usually play this game right before a major holiday so they can look like saints for offering to work through it if need be before moving the sticks another ten yards…

[jerryfitzhugh]

Imagine that. They found more money. I'm surprised they didn't send it to ukraine. You know, laundry time.