Despite "concerns" about increasing federal debt, in the end Republican legislators have gone along with whatever the ruling elites want. The Limit, Save and Grow Act of 2023 is more of the same.

Original Article: "Republicans Fail on the Debt Ceiling in 2023"

[embedded content]

Tags: Featured,newsletter

The United States House of Representatives’ passage of the Limit, Save, Grow Act of 2023 is a big Republican failure addressing the debt ceiling. The debt ceiling would be raised above the current limit of $31 trillion by $1.5 trillion or through March 2024, whichever comes first. Notably, “official cost estimates have not yet been released,” so the projected paltry $480 billion annual spending reductions likely will be much less. This is because this bill “does not list any specific cuts.” Fortunately, it is expected that Senate Democrats will vote down this execrable bill.
Campaigning Republicans are invariably aghast at deficits in the billions. Elected Republicans, however, are comfortable with deficits in the trillions based on last year’s appropriations

Most people are familiar with the Panama Canal, but they probably don’t know the first effort to build the Panama Canal, spanning almost a decade, was by France. Facing considerable initial naysaying and ridicule, Ferdinand de Lesseps had the acumen and drive to construct the Suez Canal. Success was realized after overcoming many obstacles and difficulties. Naturally enough, France turned to him to build a sea-level canal in Panama.
Minority technical reports evaluating the feasibility of a canal through the Panamanian isthmus concluded either artificial lakes, emulating what was already present in Nicaragua, or else a series of locks, were needed. A sea-level canal without locks was considered unrealistic due to the terrain of mostly rock, and massive mud