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The Ceiling Can’t Hold Us

There has been so much talk about the financial Armageddon that was going to occur if our leaders in Washington didn’t bump up the debt ceiling. I have been asked by many to write about this and have avoided it because I knew, at the end of the day, there was really no choice but for them to get their heads together and raise it. I don’t want to make light of the financial dominos that could have fallen if our elected couldn’t come to an agreement. It absolutely could have begun a financial collapse in many ways. What I always came back to, however, was the fact that so many Americans’ paychecks depended upon an increase in the debt ceiling. And there was no way either party wanted the fallout from this occurring with the 2024 election looming in the near future.

However it happened, it was definitely the right ending for the overexaggerated situation. The national media got a lot of mileage out of it creating division through fear-mongering.

So, before I get to what I would have liked to have seen happen after President Biden signed off on the plan, here are a couple of facts that are hard to even get your mind around. The United States’ current national debt is estimated at $31,465,933,144,544, and that’s trillion dollars. That equates to nearly $95,000 for every individual living in our Nation.

What the bipartisan agreement did was raise the debt ceiling north of $31,400,000,000,000 trizillion dollars, and yes, I made that word up. This is for the next two years, and there are a lot of variables to figure out the hard cap.

Folks, I’m no financial wizard and don’t know all the ad-ons in that bipartisan agreement, but I can tell you there’s no way they will ever pay down any of the debt claimed by those involved. There is no way those elected by the American people should ever let an issue like this get to the eleventh hour.

That gets me to what I would have really liked to have seen happen when President Biden put his John Hancock on this so-called historical document. You know I like musical references; remember 2013’s top song by Macklemore and Ryan Lewis, “Can’t Hold Us?” If you don’t, Google it and give it a listen. After the I’s were dotted and the T’s were crossed, a bipartisan patting yourself on the back celebration breaks out. Just picture it, confetti flying, balloons falling, and Macklemore performing that hit song at the celebration.

Doom and gloom Secretary of Treasury Janet Yellen, whose personality reminds me of Hetty from NCIS throwing her hands up as she dances, saying, “Give me more money, my pretties.” Of course, the President is there dancing right alongside her. Fortunately, he’s a better dancer than a bike rider. But the Secret Service is right alongside him in case he misses a dance step.

Bipartisanship is on full display as Speaker of the House Kevin McCarthy cuts the rug with Minority Leader Hakeem Jeffries. And we can’t forget about Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell partying it up as they both talk to each other about their accomplishments. Neither one can really hear each other with the music playing loudly, but that doesn’t stop them.

Back to the music, every time Macklemore hits the verse “so we put our hands up like the ceiling can’t hold us,” our bipartisan leadership all throw their hands up in the air and into a pushing motion like they’re raising the ceiling. This is while they all sing along.

I hope you can envision this in your mind and are laughing along with me as you’re reading this. As I often say, laughter is the best medicine. I almost forgot Nancy Pelosi is also in attendance, and, along with Mitt Romney, both want to launch an investigation into who spiked the punch bowl. Just for the public record, there has been no sighting of Dianne Feinstein.

I’m sure you could come up with your own cast of political characters in attendance to save our Country from defaulting on its financial obligations. I left VP Kamala Harris just for you. The words, the US defaulting from anything, make me sick to my stomach. Can you imagine how countries around the world view this?

I will wrap this up with some seriousness and positivity. A tip of my Webb Weekly cap with the American Flag on the side to all that got this compromise done. It is definitely at this time in the best interest of our Nation and so many American families that could have been affected financially. It is a paycheck-to-paycheck world, and those that voted against raising the debt ceiling may have made a political statement but didn’t have to look all the hardworking Americans in the eye that could have gone without a paycheck. There are too many major problems and threats for our federal government to focus time on any issue just because it’s the Republicans versus Democrats and partisan politics. Hopefully, this will be the beginning of compromise for what’s best for the American people and our Country. In recent years compromise has become a four-letter word in Washington.

God Bless America.

Jim Webb