Friday, June 2, 2023

Biden gives remarks on raising of debt ceiling after negotiations with GOP

This is an interesting speech by the President. I would agree that default and shocking the system would have been an issue. I do believe that creating net positives, ensuring efficiency/effective use of taxpayer dollars. Both parties pulled together and got it passes. I was honestly impressed because I didn't think they could have done in. There is a lot more work on debt to do but it is about revamping programs around key focus and then using resources to create new resources that improve our tax base and financial position. I also believe these resources should be invested in places that make us the most competitive we can be as a nation. Sometimes social programs are good and sometimes they are not but I don't always think the metrics are good. Those programs that truly help should be kept and those that do not should be rethought to ensure they are functioning well and using resources well. Otherwise we might consider investing that money in other places.

I mean not everything I agree with but this did seem to be on the surface a bi-partisan win. 

No comments:

Post a Comment