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A comment on Bank Failures Come in Waves. Parent comment

Re:Bank Failures Come in Waves by jpmattia on Tuesday March 21, 2023 @10:35AM (#35246788)
> The buck stops at the government, as we are seeing with changing laws...

Not to mention the majority party in the US House is threatening default.

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Re:Bank Failures Come in Waves by guessbest on Tuesday March 21, 2023 @11:23AM (#35247534)
The party in the House always threatens to not raise the debt ceiling if the POTUS is of a different party. It has been like this for decades.
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Re:Bank Failures Come in Waves by ddulaney on Tuesday March 21, 2023 @11:32AM (#35247660)
It didn't really happen as much over the last 4 years.

As they say, the deficit hawk is a seasonal bird.

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Re:Bank Failures Come in Waves by danaris on Tuesday March 21, 2023 @01:09PM (#35249188)
I think if you actually look at the history of this, you'll find that it's almost always the Republicans who threaten not to raise the debt ceiling.

Certainly, all the notable debt ceiling crises listed here[0] were instigated by Republican Congresses.

[0] https://en.wikipedia.org/wiki/United_States_debt_ceiling

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Re:Bank Failures Come in Waves by jjeaff on Tuesday March 21, 2023 @07:42PM (#35254469)
No, it's specifically the Republican party that threatens to default on the debt ceiling if the president is a Democrat.
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