It’s Tuesday aka 2 days before my vacation.
For Tuesday, October, 5th, 2021, President Biden has received his daily brief. He has a lot listed on his schedule today. So we are going to be doing it a bit different…
President Biden has tweeted 1 time so far for Tuesday.
When Biden Bits was published for Monday President Biden had tweeted 1 time. He added 6 tweets giving him a Monday Tweeting Total of 7 tweets and 0 retweets.
Monday just before post drop President Biden addressed the need to raise the debt ceiling which Republicans have decided they will oppose this time. Until the last second, I’m sure.
The YouTube is 17 minutes and 33 seconds long. President Biden’s full remarks can be found here.
President Biden (4:11): Folks watching at home, you should know this is the Republican position. Here’s — it is: They won’t vote to raise the debt limit to cover their own spending. Democrats voted with them to cover that spending the last four years — the previous four years. They say Democrats should do it alone. But then they’re threatening to use a procedural power called the filibuster, meaning that we’d have to get 60 votes — not 50 votes — to increase the debt limit. This would block the Democrats from meeting our obligations and responsibilities to prevent Congress from raising the debt limit. So, let’s be clear: Not only are Republicans refusing to do their job, they’re threatening to use the power — their power to prevent us from doing our job: saving the economy from a catastrophic event. I think, quite frankly, it’s hypocritical, dangerous, and disgraceful.
President Biden (2:37): In four years, they incur- — they incurred nearly $8 trillion. In four years, $8 trillion in additional debt and bills we have to now pay off. That’s more than a quarter of the entire debt incurred now outstanding after more than 200 years. And Republicans in Congress raised the debt three times when Donald Trump was President, and each time with Democrat support. But now they won’t raise it even though they are responsible for more than $8 trillion in bills incurred in four years under the previous administration. That’s what we’d be paying off. They won’t raise it even though defaulting on the debt would lead to a self-inflicted wound that takes our economy over a cliff and risks jobs and retirement savings, Social Security benefits, salaries for service members, benefits for veterans, and so much more.
I can’t find the source article for the graph above. I found a USA TODAY article from last November that fact-checked the $8 trillion added under Twice Impeached 45 their ruling; The claim in the post has been rated PARTLY FALSE. The post is correct in its sentiment that the national debt has significantly increased during President Donald Trump’s first term, but the figure of $8.3 trillion is incorrect. In Trump’s first term, the national debt has increased by roughly $7 trillion.
Minority Leader Mitch McConnell (R-KY) said yesterday that the D’s can go it alone since they’ve known for three months the R’s aren’t gonna help them pay for our debt we gained while under Twice Impeached 45.
This is that part of politics, I don’t like, the game. That’s all it is. A giant game trying to make us fearful of default. Which the R’s would love as it is a midterm year. And while I haven’t “googled” beyond a little bit this morning, I’m sure I can find the same or similar D play before a midterm election under a Republican President.
*Sigh*
President Biden (6:32): And the American people — look, I just say it this way: As soon as this week, your savings and your pocket — your pocketbook could be directly impacted by this Republican stunt. It’s as simple as that. Republicans say they will not do their part to avoid this needless calamity. So be it. But they need to stop playing Russian roulette with the U.S. economy.
The press briefing will be in the form of the Air Force One press gaggle.
President Biden’s remarks are scheduled for 3:30 p.m. D.C., time.
This is an Open Thread.
