Another debt creating budget deal, if approved, kicks the debt can down the road again
There is a tentative budget deal once again in 2013 that will not resolve the problem with the debt of the USA. Some feel that it may not be approved, and hence create another short-term ‘crisis,’ while others are more optimistic:
Congressional negotiators reached a modest budget agreement Tuesday to restore about $63 billion in automatic spending cuts from programs ranging from parks to the Pentagon, with votes expected in both houses in the next several days.
Officials said the increases would be offset by a variety of spending reductions and increased fees elsewhere in the budget totaling about $85 billion over a decade, leaving enough for a largely symbolic cut of more than $20 billion in the nation’s $17 trillion debt…Congressional aides predicted bipartisan approval in both houses, despite grumbling from liberals over the omission of the unemployment extension, and even though tea party-aligned groups have already begun pushing Republican conservatives to oppose it. http://www.nydailynews.com/news/politics/congressional-negotiators-reach-budget-deal-article-1.1543788#ixzz2nBGj5CQl
The deal is far from a grand bargain. But if approved by the House and Senate, the compromise would not only keep government funded and open beyond Jan. 15, but also would provide $63 billion in sequester relief over two years—all without new tax revenue.
“This is the first divided-government budget agreement since 1986,” said House Budget Chairman Paul Ryan, the chief Republican negotiator.
Whether the deal holds up could play out quickly. The House is expected to adjourn for the year on Friday, and leaders there are moving for floor action on the measure as early as Thursday. Ryan may face the most immediate challenge, meeting behind closed doors Wednesday morning to explain the agreement to skeptical House conservatives, many of whom have voiced opposition to any deal that raises spending levels.
Some Senate Republicans were also balking at the agreement Tuesday night. http://www.nationaljournal.com/daily/budget-deal-unveiled-but-can-they-sell-it-20131210
Syndicated columnist George Will said Tuesday on “Special Report with Bret Baier” that the bipartisan deal reached by congressional negotiators on the budget is a big step toward compromise between the parties; but while the House might give a green light to the agreement, the Senate minority leader could put a stop to it.
“It just could be that the fractious, turbulent, anti-establishment House may rally around this,” he said, “[but] Mitch McConnell, very emblematic man of the Republican establishment votes against it.”
The reason, Will explained, is the budget deal proposes doing away with sequester cuts McConnell helped put in place. http://www.foxnews.com/politics/2013/12/10/george-will-mitch-mcconnell-be-roadblock-to-congressional-budget-deal/
This latest agreement does not solve the problems that the USA has. It simply kicks ‘the can’ (the debt ‘can’) further down the road, to use an American expression. In other words, this potential deal is delaying the inevitable, and in this case, it is helping to set the USA up for a major fall.
And regarding what is happening to sequestration, last February I reported that, “Sequestering is not the real solution to the US debt situation.” This predictive assessment of mine has been proven correct.
The reality is that something needs to be done, but the current proposed deal is not the real answer. The politicians are making it clear to me, at least, that it will take massive devastation and the return of Jesus for the needed solutions to be implemented here.
Biblically, these debt increases and budget issues are more dangerous than most in the USA realize. Notice what the Bible warns about those who increase debt in the end times:
3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…5 Indeed, because he transgresses by wine, He is a proud man… 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).
The USA is in more debt than any country in the history of humanity. Despite biblical warnings, the USA continues to increase its debt and engage in political posturing. At some point in time, the USA will likely start to experience massive inflation and currency devaluation. And afterwards, its creditors will rise up (Habakkuk 2:7).
The realities of USA debt as well as policies of the Federal Reserve like “quantitative easing” are setting the stage for the absolute end of economic dominance by the U.S.A.–have no doubt about it (although there could be some major positive economic events before that happens).
While the Republicans and Democrats have often used this as a major partisan fight and sometimes treat this like a political game, the reality is that the rest of the world is also watching and is very disturbed by all of this.
The Europeans and others are realizing that the USA is losing its position of world leadership–and when it does, this will be the final “time of the Gentiles” that the Bible warns of (Ezekiel 30:2-3; Luke 21:23-24; Revelation 11:2). The leaders in the USA are causing the nation to err (cf. Isaiah 3:12; 9:16).
The policies and decisions in Washington, D.C. are helping to create the conditions for the upcoming European Beast power to fill the void in economic (and even military) leadership that the USA is in the process of making. The Europeans, and others, will watch what the politicians in the USA continue to do and realize that the USA simply does not have a political system that will allow it to lead the world economically for too much longer.
Change is coming, and in several years, those in the USA (as well as their Anglo-allies) will not like the change that is coming.
Some items of possibly related interest may include:
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? You can also see a YouTube video sermon The Gospel of the Kingdom.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? Here is a link to a video titled: The Future King of the North.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic, Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.
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