Discussion:
U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years
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Thank Joe Biden Democrats
2024-06-19 09:13:57 UTC
Permalink
The United States is on a pace to add trillions of dollars to its national
debt over the next decade, borrowing money more quickly than previously
expected, at a time when big legislative fights loom over taxes and
spending.

The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances, along
with rising interest rates, which have made it more costly for the federal
government to borrow huge sums of money.

As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and what it
receives through taxes and other revenue. The budget deficit in 2024 is
projected to be $1.9 trillion, up from a forecast earlier this year of
$1.6 trillion. Over the next 10 years, the annual deficit is projected to
swell to $2.9 trillion. As a share of the economy, debt held by the public
in 2034 will be 122 percent of gross domestic product, up from 99 percent
in 2024.

The new projections come as lawmakers are gearing up for a big tax and
spending battle. Most of the 2017 Trump tax cuts will expire in 2025,
forcing lawmakers to decide whether to renew them and, if so, how to pay
for them. The United States will also again have to deal with a statutory
cap on how much it can borrow. Congress agreed last year to suspend the
debt limit and allow the federal government to keep borrowing until next
January.

Those fights over tax and spending will be taking place at a time when the
country’s fiscal backdrop is increasingly grim. An aging population
continues to weigh on America’s old-age and retirement programs, which are
facing long-term shortfalls that could result in reduced retirement and
medical benefits.

Both Democrats and Republicans expressed concern about the national debt
as inflation and interest rates soared over the last few years, but
spending has been difficult to corral. The C.B.O. report assumes that the
2017 tax cuts are not extended, but that is highly unlikely. President
Biden has said he will extend some of the tax cuts, including those for
low- and middle-income earners, and former President Donald J. Trump has
said he will extend all of them if he wins in November. Fully extending
the tax cuts could cost around about $5 trillion over 10 years.

The bigger projected deficits were largely driven by the Biden
administration’s decision to cancel more than $100 billion student loan
debt, the cost of new aid packages for Ukraine and Israel and higher-than-
expected outlays for Medicaid.

https://www.nytimes.com/2024/06/18/us/politics/us-debt-economy.html
Mitchell Holman
2024-06-19 13:23:44 UTC
Permalink
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.




President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020

Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.

During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428




"I’m the king of debt. I’m great with debt.
Nobody knows debt better than me. I’ve made
a fortune by using debt, and if things don’t
work out I renegotiate the debt. I mean,
that’s a smart thing, not a stupid thing."
Donald Trump, June 2016
https://tinyurl.com/2bsnx66t
Yak
2024-06-19 13:53:43 UTC
Permalink
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Post by Mitchell Holman
President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020
Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.
During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
"I’m the king of debt. I’m great with debt.
Nobody knows debt better than me. I’ve made
a fortune by using debt, and if things don’t
work out I renegotiate the debt. I mean,
that’s a smart thing, not a stupid thing."
Donald Trump, June 2016
https://tinyurl.com/2bsnx66t
Mitchell Holman
2024-06-19 14:12:07 UTC
Permalink
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Cool.

We can trust Trump to do that, right?



Year................Fed spending in billions

2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5

https://tinyurl.com/bdff9uv7
Scout
2024-06-26 18:50:11 UTC
Permalink
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nationâ?Ts finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...

2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)

Source:
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1

Well according to Biden, we certainly can NOT trust him to do that.

Now let's look at what that mounting debt costs us....

2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion

Money for which we are taxed and which provides us no food, no shelter, no
roads, etc and instead only enriches the already rich.

The worst part is we are effectively BORROWING the money to pay the interest
on the money we've borrowed.. which only compounds the problem..

Source:
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/




.
Governor Swill
2024-06-27 00:02:26 UTC
Permalink
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nationâ?Ts finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
2021............6,822,461
2022............6,273,259
2023............6,134,672
No, let's stick with the actual figures instead of guess work.
Post by Scout
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no shelter, no
roads, etc and instead only enriches the already rich.
Oh, yeah, Republicans worried about debt, housing, hunger and infrastructure ...

BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHA!

Swill
NP: Blues Brothers - Soul Man
Mitchell Holman
2024-06-27 01:56:25 UTC
Permalink
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of
Social Security and Medicare continue to weigh on the nationâ?Ts
finances, along with rising interest rates, which have made it
more costly for the federal government to borrow huge sums of
money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross
domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.

Hmmm...........
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?





President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020

Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.

During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
Scout
2024-06-27 12:38:07 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of
Social Security and Medicare continue to weigh on the nationâ?Ts
finances, along with rising interest rates, which have made it
more costly for the federal government to borrow huge sums of
money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross
domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it right
for Biden to continue to do so?

Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised spending
and in the case of Joe Biden CONTINUED that spending.

If that spending was wrong for Trump, then it should be just as wrong for
Biden to continue. Right? Of course, right.

Further, I would point out that under Trump the interest payments on the
debt, actually declined.. why? Improving economy, under Biden's watch.. it
has increased.

Frankly I would like to see a program to eliminate ALL deficit spending
except in a few specific cases, and some of those might require a national
vote to authorize. Ordinarily the government should be limited to a budget
of 95% of the revenue, less if there is an overrun from the prior budget,
Among the 95% would be the interest payments. The 5% would be dedicated to
paying down existing debt or going towards an emergency account for war,
disaster or other major national economic event. Finally while we are on the
subject. taxation, including increasing rates or adding new taxes should be
required to be voted on. IOW.. we, the people, decide what our taxes will
be, and government has to, usually, remain within those means.
The power to tax, is the power to destroy... and eventually over taxation is
the cause of a nation's collapse.
Governor Swill
2024-06-27 17:46:43 UTC
Permalink
Post by Scout
Because they don't. Further Democrats have also massively raised spending
and in the case of Joe Biden CONTINUED that spending.
HAW HAW HAW HAW !!!! A Republican complaining about debt! It is to laugh!

When a President leaves office with a destroyed economy and hundreds of billions in new
spending commitments, the tap can't simply be turned off.

It took Obama eight years to work the deficit down from a trillion and a half to half a
trillion after the catastrophe of the Bush Presidency. Otoh, it took Bush only one year
to turn a Democrat's surplus into deficit and just seven more to convert that surplus into
a deficit 150% of what the TOTAL NATIONAL DEBT was when Reagan was sworn in. Trump turned
Obama's half trillion deficit into $8B of new debt in only four years.

And you're complaining that Biden isn't fixing the Republicans' screw up fast enough?

HAW HAW HAW HAW !!!!

Swill
Mitchell Holman
2024-06-27 17:50:24 UTC
Permalink
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationâ?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.

Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Yak
2024-06-27 18:33:10 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationā?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Good question. Yet, the debt still went up during those years.
Governor Swill
2024-06-28 01:16:37 UTC
Permalink
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nation??Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Good question. Yet, the debt still went up during those years.
Though more slowly than under Republicans. This was due to off budget spending.

Swill
Yak
2024-06-28 11:11:02 UTC
Permalink
Post by Governor Swill
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nation??Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Good question. Yet, the debt still went up during those years.
Though more slowly than under Republicans. This was due to off budget spending.
Oh well then, that makes us all feel better now, doesn't it?
Post by Governor Swill
Swill
Mitchell Holman
2024-06-28 01:39:30 UTC
Permalink
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big
legislative
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationā?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Good question. Yet, the debt still went up during those years.
Because of interest. Fact remains
the Democrats got the budget under control
and eliminated deficit spending. Why can't
Republicans do that?
Skid Marks
2024-06-28 10:47:23 UTC
Permalink
Post by Mitchell Holman
Because of interest. Fact remains
the Democrats got the budget under control
and eliminated deficit spending. Why can't
Republicans do that?
Democrats promise free stuff in exchange for your vote.
Of course, the "free stuff" will be paid for with your tax dollars, a
fact they don't tell you.

Most intelligent people see the ruse.
Yak
2024-06-28 11:11:50 UTC
Permalink
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big
legislative
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationā?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue.
The
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
budget deficit in 2024 is projected to be $1.9 trillion, up
from
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Good question. Yet, the debt still went up during those years.
Because of interest. Fact remains
the Democrats got the budget under control
and eliminated deficit spending. Why can't
Republicans do that?
Thanks Newt.
Scout
2024-06-28 13:00:40 UTC
Permalink
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big
legislative
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationā?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue.
The
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
budget deficit in 2024 is projected to be $1.9 trillion, up
from
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Good question. Yet, the debt still went up during those years.
Because of interest
Which means the government had to borrow the money.
What they spent it on isn't the question, the issue is that the debt is
regularly growing
Post by Thank Joe Biden Democrats
Fact remains
the Democrats got the budget under control
and eliminated deficit spending.
So why is Biden failing?
Post by Thank Joe Biden Democrats
Why can't
Republicans do that?
Probably for the same reason Biden is failing.

His current budget not only doesn't cut spending, but increases spending and
projected to cause the largest deficit in US history despite asking for
historic increases in taxation.

In short, tax n' spend

If you're going to claim superiority you need to show a history of fiscal
responsibility.. not one or two exceptions.

The way I see is, as far as fiscal responsibility goes, both parties are
fiscally irresponsible. The only difference is what they spend the money on.

Republicans often claim it to fuel business to "grow their way" out of
regular deficits
Democrats simply use it to fund social programs trying to hide the growth of
poverty.

It's time we all realized this and demand from our parties that they
ACTUALLY reduce spending. Giving money away to other nations should end.
Period
All this special projects should end. Subsides and tax exemptions should be
phased out. Federal departments should have their scope limited to their
actual purpose and all of them need to be seriously downsized, and some
should be eliminated. It is time to put the federal government on a diet,
work off that blubber and get it lean again.
Scout
2024-06-27 18:48:17 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationâ?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Crickets....
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
So, now you're saying that deficits are acceptable?
Post by Mitchell Holman
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Because being a "fiscal conservative" is more than just how much money is
spent, but also how it is spent, the extent of government and particularly
how intrusive such a government is, lower taxation and such. Granted there
is a large gap between the concept and the execution, but on the other hand
the opposite is even worse.. no fiscal accountability, high taxes, more
intrusive government...

Finally, no budget is done purely by one side or the other. All are a
compromise between opposing sides and philosophies.

However, what I find interesting is how you complain about deficits when you
support deficit spending. Seems you only have a problem with in when your
opponents do it.

So, are you a fiscal conservative.. or complaining that fiscal conservatives
are to willing to compromise with those that aren't?

Sadly the world isn't either/or but shades of grey.

IMO, both parties spend way to much money and the only practical difference
generally is what they spend it on.

for the longest time we have assembled a ticket financial time bomb that
will destroy our economy when it goes off...
we are currently among the top 10 most indebted nations on the planet based
on our debt/GDP ratio.
That is NOT a good position to be in. Most of the time we aren't even paying
the interest on our debt.. we just add the interest to the debt owed.

At some point the music will stop and the merry-go-round will come a a
crushing halt... and political philosophies will have nothing to do with it.
Just the mountain of debt will matter.

Check out https://www.usdebtclock.org/

Has a lot of interesting data
Yak
2024-06-27 19:28:33 UTC
Permalink
Post by Scout
Post by Scout
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationâ?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
    Cool.
    We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
    = Trump doubles the level of spending.
Yep...
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
    = Biden holds spending to same level.
Yep
     Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Crickets....
Post by Scout
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
     So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
    The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
So, now you're saying that deficits are acceptable?
    Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Because being a "fiscal conservative" is more than just how much money
is spent, but also how it is spent, the extent of government and
particularly how intrusive such a government is, lower taxation and
such. Granted there is a large gap between the concept and the
execution, but on the other hand the opposite is even worse.. no fiscal
accountability, high taxes, more intrusive government...
Finally, no budget is done purely by one side or the other. All are a
compromise between opposing sides and philosophies.
However, what I find interesting is how you complain about deficits when
you support deficit spending. Seems you only have a problem with in when
your opponents do it.
So, are you a fiscal conservative.. or complaining that fiscal
conservatives are to willing to compromise with those that aren't?
Sadly the world isn't either/or but shades of grey.
IMO, both parties spend way to much money and the only practical
difference generally is what they spend it on.
for the longest time we have assembled a ticket financial time bomb that
will destroy our economy when it goes off...
we are currently among the top 10 most indebted nations on the planet
based on our debt/GDP ratio.
That is NOT a good position to be in. Most of the time we aren't even
paying the interest on our debt.. we just add the interest to the debt
owed.
At some point the music will stop and the merry-go-round will come a a
crushing halt... and political philosophies will have nothing to do with
it. Just the mountain of debt will matter.
Check out https://www.usdebtclock.org/
Has a lot of interesting data
It just might be time for a balanced budget amendment. The people we
elect have clearly demonstrated that they have neither the will or
competence to draw down the debt. What they refuse to do willingly must
be forced upon them.
Ed P
2024-06-27 20:21:11 UTC
Permalink
Post by Yak
Post by Scout
At some point the music will stop and the merry-go-round will come a a
crushing halt... and political philosophies will have nothing to do
with it. Just the mountain of debt will matter.
Check out https://www.usdebtclock.org/
Has a lot of interesting data
It just might be time for a balanced budget amendment. The people we
elect have clearly demonstrated that they have neither the will or
competence to draw down the debt. What they  refuse to do willingly must
be forced upon them.
I'd vote for that. Short term, maybe some pain for a few, but long
term, lower taxes and no debt service to pay for. Just like we should
do at home with credit cards.
Scout
2024-06-28 13:09:11 UTC
Permalink
Post by Yak
Post by Scout
At some point the music will stop and the merry-go-round will come a a
crushing halt... and political philosophies will have nothing to do with
it. Just the mountain of debt will matter.
Check out https://www.usdebtclock.org/
Has a lot of interesting data
It just might be time for a balanced budget amendment. The people we
elect have clearly demonstrated that they have neither the will or
competence to draw down the debt. What they refuse to do willingly must
be forced upon them.
I'd vote for that. Short term, maybe some pain for a few, but long term,
lower taxes and no debt service to pay for. Just like we should do at
home with credit cards.
I think there will be a lot of pain, but it's necessary. I can think of many
things that could be eliminated outright. Several that can be seriously
reduced and a bunch that could have their scopes narrowed to their actual
purpose.

We could even, add a monetary bonus (ie bribe), for Congress, the VP and the
President to achieve milestones in this process. Yea, it would cost us some
money, but would get them financially involved in making such reductions.
Thus cheaper in the long run.
Ralph Mowery
2024-06-28 14:33:41 UTC
Permalink
Post by Scout
We could even, add a monetary bonus (ie bribe), for Congress, the VP and the
President to achieve milestones in this process. Yea, it would cost us some
money, but would get them financially involved in making such reductions.
Thus cheaper in the long run.
You may have a good idea. Pay congress like the waiters at a food
place. Minimum wage and then give them tips related to how well they
handle the budget.
Lilli Whitesken
2024-06-28 14:55:23 UTC
Permalink
Post by Ralph Mowery
Post by Scout
We could even, add a monetary bonus (ie bribe), for Congress, the VP and the
President to achieve milestones in this process. Yea, it would cost us some
money, but would get them financially involved in making such reductions.
Thus cheaper in the long run.
You may have a good idea. Pay congress like the waiters at a food
place. Minimum wage and then give them tips related to how well they
handle the budget.
True and we need to solve the Nancy Piglosi insider trading problem too.
Governor Swill
2024-06-28 01:31:42 UTC
Permalink
Post by Yak
It just might be time for a balanced budget amendment.
Funny you should mention that. Republicans talked about that in the eighties, just as
they were tripling the national debt.

They passed spending limits in 1997 and promptly broke their own caps on a technicality so
they could borrow against *future* budgets.

<http://www.nytimes.com/1999/08/06/us/using-surplus-forces-clinton-to-sign-bills-delay-says.html>
"Representative Tom DeLay, the House majority whip and conservative
field marshal, said today that Republicans would spend next year's
anticipated $14 billion budget surplus -- and had intended to do so
all year long.

''We're going to spend it, and then some,'' Mr. DeLay said. ''From the
get-go, the strategy has always been we're going to spend what's
left.''"
and . . .
". . . Republicans had a plan to use various budgetary mechanisms that
would allow them to say they had stuck to the spending caps they
imposed in 1997."

Swill
Scout
2024-06-28 13:03:44 UTC
Permalink
Post by Yak
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Thank Joe Biden Democrats
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
debt is poised to top $56 trillion by 2034, as rising spending
and interest expenses outpace tax revenues. The mounting costs
of Social Security and Medicare continue to weigh on the
nationâ?Ts finances, along with rising interest rates, which
have made it more costly for the federal government to borrow
huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual
deficit
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut
spending?
Cool.
We can trust Trump to do that, right?
Year................Fed spending in billions
2017................3,981.6
2018................4,109.0
2019................4,447.0
2020................6,550.4
2021................7,249.5
https://tinyurl.com/bdff9uv7
Let's update that...
2017............3,981,634
2018............4,108,981
2019............4,446,952
2020............6,553,620
= Trump doubles the level of spending.
Yep...
Post by Mitchell Holman
Post by Scout
2021............6,822,461
2022............6,273,259
2023............6,134,672
2024............6,940,904 (estimate)
= Biden holds spending to same level.
Yep
Post by Mitchell Holman
Hmmm...........
Which makes you wonder if it was wrong for Trump to do so.. why is it
right for Biden to continue to do so?
Can't have it both ways...
Crickets....
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
2025............7,265,963 (estimate)
2026............7,419,392 (estimate)
2027............7,696,576 (estimate)
2028............8,082,512 (estimate)
https://www.whitehouse.gov/omb/budget/historical-tables/
Table 1.1
Well according to Biden, we certainly can NOT trust him to do that.
<crickets>
Post by Mitchell Holman
Post by Scout
Now let's look at what that mounting debt costs us....
2014......$442 Billion
2015......$435 Billion
2016......$460 Billion
2017.......$493 Billion
2018.......$571 Billion
2019.......$564 Billion
2020.......$518 Billion
2021.......$612 Billion
2022.......$830 Billion
2023.......$1.0 Trillion
Money for which we are taxed and which provides us no food, no
shelter, no roads, etc and instead only enriches the already rich.
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
So, now you're saying that deficits are acceptable?
Post by Mitchell Holman
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Because being a "fiscal conservative" is more than just how much money is
spent, but also how it is spent, the extent of government and
particularly how intrusive such a government is, lower taxation and such.
Granted there is a large gap between the concept and the execution, but
on the other hand the opposite is even worse.. no fiscal accountability,
high taxes, more intrusive government...
Finally, no budget is done purely by one side or the other. All are a
compromise between opposing sides and philosophies.
However, what I find interesting is how you complain about deficits when
you support deficit spending. Seems you only have a problem with in when
your opponents do it.
So, are you a fiscal conservative.. or complaining that fiscal
conservatives are to willing to compromise with those that aren't?
Sadly the world isn't either/or but shades of grey.
IMO, both parties spend way to much money and the only practical
difference generally is what they spend it on.
for the longest time we have assembled a ticket financial time bomb that
will destroy our economy when it goes off...
we are currently among the top 10 most indebted nations on the planet
based on our debt/GDP ratio.
That is NOT a good position to be in. Most of the time we aren't even
paying the interest on our debt.. we just add the interest to the debt
owed.
At some point the music will stop and the merry-go-round will come a a
crushing halt... and political philosophies will have nothing to do with
it. Just the mountain of debt will matter.
Check out https://www.usdebtclock.org/
Has a lot of interesting data
It just might be time for a balanced budget amendment.
Past time IMO.. and payment of interest and paying down existing debt should
be included in such a amendment.
Post by Yak
The people we elect have clearly demonstrated that they have neither the
will or competence to draw down the debt. What they refuse to do
willingly must be forced upon them.
*BRAVO*

On this we should all be able to agree despite any other political
differences we might have on other matters
Governor Swill
2024-06-28 01:26:12 UTC
Permalink
<snip>
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
So why do you vote for Republicans
who ALWAYS hike debts and deficits?
Because they don't. Further Democrats have also massively raised
spending and in the case of Joe Biden CONTINUED that spending.
The last president to submit a
balanced budget to Congress was Bill
Clinton. The last one before that was
LBJ.
So, now you're saying that deficits are acceptable?
No, he's saying that Republicans don't even *try* to control spending and debt.
Post by Scout
Post by Mitchell Holman
Why are "fiscal conservative"
Republicans incapable of any degree
of fiscal conservatism?
Because being a "fiscal conservative" is more than just how much money is
spent, but also how it is spent, the extent of government and particularly
how intrusive such a government is, lower taxation and such. Granted there
is a large gap between the concept and the execution, but on the other hand
the opposite is even worse.. no fiscal accountability, high taxes, more
intrusive government...
That doesn't explain why debt goes up faster under Republicans. Or why Dick Cheney said
that, "Reagan showed us that deficits don't matter."
Post by Scout
Finally, no budget is done purely by one side or the other. All are a
compromise between opposing sides and philosophies.
However, what I find interesting is how you complain about deficits when you
support deficit spending. Seems you only have a problem with in when your
opponents do it.
I have a problem when only one side complains but only when their side is not in power.
There were no complaints about the deficit or debt at any point in the Trump
administration yet Republicans complain continually about it when a Democrat is in the
White House.
Post by Scout
So, are you a fiscal conservative.. or complaining that fiscal conservatives
are to willing to compromise with those that aren't?
Sadly the world isn't either/or but shades of grey.
IMO, both parties spend way to much money and the only practical difference
generally is what they spend it on.
<http://www.nytimes.com/1999/08/06/us/using-surplus-forces-clinton-to-sign-bills-delay-says.html>
"Representative Tom DeLay, the House majority whip and conservative
field marshal, said today that Republicans would spend next year's
anticipated $14 billion budget surplus -- and had intended to do so
all year long.

''We're going to spend it, and then some,'' Mr. DeLay said. ''From the
get-go, the strategy has always been we're going to spend what's
left.''"
and . . .
". . . Republicans had a plan to use various budgetary mechanisms that
would allow them to say they had stuck to the spending caps they
imposed in 1997."
Post by Scout
for the longest time we have assembled a ticket financial time bomb that
will destroy our economy when it goes off...
... and that bomb has been set mostly by Republicans. It started when Reagan tripled the
national debt after campaigning on debt reduction.
Post by Scout
we are currently among the top 10 most indebted nations on the planet based
on our debt/GDP ratio.
We are also the supplier of the world's primary trade currency.
Post by Scout
That is NOT a good position to be in. Most of the time we aren't even paying
the interest on our debt.. we just add the interest to the debt owed.
At some point the music will stop and the merry-go-round will come a a
crushing halt... and political philosophies will have nothing to do with it.
Just the mountain of debt will matter.
Check out https://www.usdebtclock.org/
Has a lot of interesting data
Democrats tax and spend.
Republicans borrow and spend.

Republicans complaining about debt ...

BWAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHA!

Swill
Dave Wainwright
2024-06-20 18:07:08 UTC
Permalink
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Post by Yak
President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020
Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.
During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
"I’m the king of debt. I’m great with debt.
Nobody knows debt better than me. I’ve made
a fortune by using debt, and if things don’t
work out I renegotiate the debt. I mean,
that’s a smart thing, not a stupid thing."
Donald Trump, June 2016
https://tinyurl.com/2bsnx66t
pothead
2024-06-20 22:31:31 UTC
Permalink
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Ding! Ding!
We have a winner!
--
pothead
Joe Biden is the absolute WORST President Of the U.S. ever.
Nobody else is even close. Including Jimmy Carter.
Vote for ANYBODY but Joe Biden in 2024.
Mitchell Holman
2024-06-21 01:22:29 UTC
Permalink
Post by pothead
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Ding! Ding!
We have a winner!
Will you tell Israel or shall I?
J Carlson
2024-06-21 06:30:19 UTC
Permalink
Post by Mitchell Holman
Post by pothead
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Ding! Ding!
We have a winner!
Will you tell Israel or shall I?
*Good one*!
Chips Loral
2024-06-25 20:09:43 UTC
Permalink
Post by J Carlson
*Good one*!
No. I am a patriotic American who wants the country and its people to
thrive. *Getting rid of Trump permanently is an important step* to
getting there.
That constitutes a DEATH THREAT against a former President, Rudey:


https://www.law.cornell.edu/uscode/text/18/871
18 U.S. Code § 871 - Threats against President and successors to the
Presidency
U.S. Code
Notes
prev | next
(a)Whoever knowingly and willfully deposits for conveyance in the mail
or for a delivery from any post office or by any letter carrier any
letter, paper, writing, print, missive, or document containing any
threat to take the life of, to kidnap, or to inflict bodily harm upon
the President of the United States, the President-elect, the Vice
President or other officer next in the order of succession to the office
of President of the United States, or the Vice President-elect, or
knowingly and willfully otherwise makes any such threat against the
President, President-elect, Vice President or other officer next in the
order of succession to the office of President, or Vice President-elect,
shall be fined under this title or imprisoned not more than five years,
or both.
(b)The terms “President-elect” and “Vice President-elect” as used in
this section shall mean such persons as are the apparent successful
candidates for the offices of President and Vice President,
respectively, as ascertained from the results of the general elections
held to determine the electors of President and Vice President in
accordance with title 3, United States Code, sections 1 and 2. The
phrase “other officer next in the order of succession to the office of
President” as used in this section shall mean the person next in the
order of succession to act as President in accordance with title 3,
United States Code, sections 19 and 20.
(June 25, 1948, ch. 645, 62 Stat. 740; June 1, 1955, ch. 115, § 1, 69
Stat. 80; Pub. L. 87–829, § 1, Oct. 15, 1962, 76 Stat. 956; Pub. L.
97–297, § 2, Oct. 12, 1982, 96 Stat. 1318; Pub. L. 103–322, title
XXXIII, § 330016(1)(H), Sept. 13, 1994, 108 Stat. 2147.)

9-65.200 - Threats Against the President and Successors to the
Presidency; Threats Against Former Presidents; and Certain Other Secret
Service Protectees
The Counterterrorism Section of the National Security Division has
supervisory authority over 18 U.S.C. §§ 871 and 879 cases. As great
caution must be taken in matters relating to the security of the persons
protected by 18 U.S.C. § 871, United States Attorneys are encouraged to
consult with the Counterterrorism Section (CTS) of the National Security
Division when they have doubts on the prosecutive merit of a case. For
the same reason, dismissal of complaints under 18 U.S.C. § 871, when the
defendant is in custody under the Mental Incompetency Statutes (18
U.S.C. §§ 4244, 4246), requires approval from CTS. In other cases,
United States Attorneys must consult prior to dismissing a count
involving, or entering into any sentence commitment or other case
settlement involving a § 871 charge.


https://www.secretservice.gov/newsroom/releases/2024/01/phoenix-man-arrested-making-online-death-threats-against-president-and

PHOENIX –David Michael Hanson, 41, of Phoenix, was arrested on Wednesday
for making online threats against the President and Vice-President.
Hanson was charged by Federal criminal complaint on Tuesday with five
counts of Threats Against the President and Successors to the Presidency
and five counts of Interstate Communication of Threats.

The complaint alleges that in November and December of 2023, while
living in Arizona, Hanson used a social media platform to post threats
to murder the President and Vice President of the United States. On
November 19, 2023, Hanson posted online a series of threatening
statements including one that stated, “#joeAndKamala I’m asking you to
resign on Monday your alternative is death brutally murdered.” After the
U.S. Secret Service spoke to Hanson and warned him that it was a Federal
crime to post such threats, on December 23, 2023, Hanson posted another
series of similar threats aimed at the President and Vice-President.

Each count of Threats Against the President and Successors to the
Presidency carries a maximum sentence of five years in prison, a fine of
up to $250,000, and up to three years of supervised release. Each count
of Interstate Communication of Threats carries a maximum sentence of
five years in prison, a fine of up to $250,000, and up to three years of
supervised release.

A complaint is simply a method by which a person is charged with
criminal activity and raises no inference of guilt. An individual is
presumed innocent until evidence is presented to a jury that establishes
guilt beyond a reasonable doubt.

The United States Secret Service is conducting the investigation in this
case. The United States Attorney’s Office, District of Arizona, is
handling the prosecution.


Those can be reported here:

https://tips.fbi.gov/home

https://www.justice.gov/action-center/report-crime-or-submit-complaint

https://www.secretservice.gov/contact

https://www.dhs.gov/see-something-say-something/reporting/california



Fellow citizens, won't you join me in ending Rudey's stay here?
J Carlson
2024-06-25 21:02:28 UTC
Permalink
Post by J Carlson
Post by J Carlson
*Good one*!
No. I am a patriotic American who wants the country and its people to >
thrive. *Getting rid of Trump permanently is an important step* to
Post by J Carlson
getting there.
That constitutes a DEATH THREAT against a former President, Rudey
Nope. Biden can do whatever he wants. He has absolute immunity, just as Trump says.

Locking Trump up would also be an effective way to get rid of him. Seeing him
keel over from a heart attack or stroke would as well. Hoping that Trump falls
over dead from natural causes is not a death threat.
Mitchell Holman
2024-06-21 01:21:37 UTC
Permalink
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
The Israel lobby won't stand for that........
Post by Dave Wainwright
Post by Yak
President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020
Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.
During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
"I’m the king of debt. I’m great with debt.
Nobody knows debt better than me. I’ve made
a fortune by using debt, and if things don’t
work out I renegotiate the debt. I mean,
that’s a smart thing, not a stupid thing."
Donald Trump, June 2016
https://tinyurl.com/2bsnx66t
Yak
2024-06-21 13:43:01 UTC
Permalink
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Not only yes, but hell yes.
Post by Dave Wainwright
Post by Yak
President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020
Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.
During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
"I’m the king of debt. I’m great with debt.
Nobody knows debt better than me. I’ve made
a fortune by using debt, and if things don’t
work out I renegotiate the debt. I mean,
that’s a smart thing, not a stupid thing."
Donald Trump, June 2016
https://tinyurl.com/2bsnx66t
Mitchell Holman
2024-06-21 17:48:35 UTC
Permalink
Post by Yak
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Not only yes, but hell yes.
Cut off all aid to Israel? Cool.
Post by Yak
Post by Dave Wainwright
Post by Yak
President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020
Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.
During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
"I’m the king of debt. I’m great with debt.
Nobody knows debt better than me. I’ve made
a fortune by using debt, and if things don’t
work out I renegotiate the debt. I mean,
that’s a smart thing, not a stupid thing."
Donald Trump, June 2016
https://tinyurl.com/2bsnx66t
Yak
2024-06-21 18:13:30 UTC
Permalink
Post by Mitchell Holman
Post by Yak
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Not only yes, but hell yes.
Cut off all aid to Israel? Cool.
And every other foreign nation that we confiscate US taxpyer labor from
to buy off.

"It is our true policy to steer clear of permanent alliance with any
portion of the foreign world"
~ George Washington's Farewell Address

"Peace, commerce, and honest friendship with all nations-entangling
alliances with none."
~ The inaugural pledge of Thomas Jefferson
Post by Mitchell Holman
Post by Yak
Post by Dave Wainwright
Post by Yak
President Trump has Signed $4.7 Trillion
of Debt into Law
JAN 8, 2020
Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.
During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
"I’m the king of debt. I’m great with debt.
Nobody knows debt better than me. I’ve made
a fortune by using debt, and if things don’t
work out I renegotiate the debt. I mean,
that’s a smart thing, not a stupid thing."
Donald Trump, June 2016
https://tinyurl.com/2bsnx66t
pothead
2024-06-21 23:12:50 UTC
Permalink
Post by Yak
Post by Mitchell Holman
Post by Yak
Post by Dave Wainwright
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
And when spending, only for Americans, not everyone else.
Not only yes, but hell yes.
Cut off all aid to Israel? Cool.
And every other foreign nation that we confiscate US taxpyer labor from
to buy off.
"It is our true policy to steer clear of permanent alliance with any
portion of the foreign world"
~ George Washington's Farewell Address
"Peace, commerce, and honest friendship with all nations-entangling
alliances with none."
~ The inaugural pledge of Thomas Jefferson
Exactly.
There are exceptions depending upon the circumstances and the current state of the US though.

Simply tossing trillions of dollars into various nation's. some of whom are corrupt and there is no
accounting for where the money has been spent, is not the solution.
--
pothead
Joe Biden is the absolute WORST President Of the U.S. ever.
Nobody else is even close. Including Jimmy Carter.
Vote for ANYBODY but Joe Biden in 2024.
Scout
2024-06-26 17:47:34 UTC
Permalink
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!

We have a winner.

Spending less than revenue is the means by which debt is eliminated.
Governor Swill
2024-06-27 00:04:56 UTC
Permalink
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Good luck cutting Defense, Medicare and Social Security.

Swill
NP: Michael Jackson & Paul McCartney - The Girl Is Mine
Mitchell Holman
2024-06-27 01:50:49 UTC
Permalink
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?




Year Fed spending in billions

2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4

https://tinyurl.com/bdff9uv7
Yak
2024-06-27 11:50:42 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
Mitchell Holman
2024-06-27 12:59:05 UTC
Permalink
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
You complain about a problem you have
no solution to and blame me for it?
Yak
2024-06-27 13:09:22 UTC
Permalink
Post by Mitchell Holman
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
You complain about a problem you have
no solution to and blame me for it?
No idea where this *blame* thing comes from. No, I simply pointed out
that the numbers you posted do nothing to buttress your case.

Furthermore, I do have a solution...one that I regularly advocate - cut
spending. Of course, cutting spending isn't a conversation the liberals
wants to have (and yes, that includes many republicans). Hell, it can't
even bear cutting $.01 from every dollar spent in an effort to at least
begin addressing the problem.
Scout
2024-06-27 13:36:24 UTC
Permalink
Post by Mitchell Holman
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
You complain about a problem you have
no solution to and blame me for it?
No idea where this *blame* thing comes from. No, I simply pointed out that
the numbers you posted do nothing to buttress your case.
Furthermore, I do have a solution...one that I regularly advocate - cut
spending. Of course, cutting spending isn't a conversation the liberals
wants to have (and yes, that includes many republicans). Hell, it can't
even bear cutting $.01 from every dollar spent in an effort to at least
begin addressing the problem.
Bravo...
My solution tends to lean to removal from office by making them ineligible
to be elected again to any public office.

Or course, we would need a 'wean off' period as government is force to live
within it's means.

Oh, and of course, the power of taxation should be removed from the
government and returned to the people, and only those impacted by such taxes
or tax increases could vote on the matter. In short.. you would have to vote
to raise your own taxes.
J Carlson
2024-06-27 16:51:10 UTC
Permalink
On 6/27/2024 6:36 AM, scooter, the drunken Virginia camper and gutless
Post by Scout
Post by Yak
Post by Scout
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
        And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
      Who can we trust to do that?
Year     Fed spending in billions
   2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
      You complain about a problem you have
no solution to and blame me for it?
No idea where this *blame* thing comes from. No, I simply pointed out that the
numbers you posted do nothing to buttress your case.
Furthermore, I do have a solution...one that I regularly advocate - cut
spending. Of course, cutting spending isn't a conversation the liberals wants
to have (and yes, that includes many republicans). Hell, it can't even bear
cutting $.01 from every dollar spent in an effort to at least begin addressing
the problem.
Bravo...
My solution tends to lean to removal from office by making them ineligible to be
elected again to any public office.
This is why you have no influence anywhere in the real world. All you do is
bullshit meaninglessly in Usenet. The same is true of Gak (fucked up the ass by
priests hundreds of times — and *admits* it). Both of you are nothing but
keyboard gangsters. You don't have any influence, and you don't know anyone with
influence who would ever waste even five seconds listening to you.
Yak
2024-06-27 17:22:06 UTC
Permalink
Post by J Carlson
On 6/27/2024 6:36 AM, scooter, the drunken Virginia camper and gutless
Post by Scout
Post by Yak
Post by Yak
scooter, the drunken Virginia camper and gutless chickenshit who
Gak, fucked up the ass by priests hundreds of times — and
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
        And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
      Who can we trust to do that?
Year     Fed spending in billions
   2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
      You complain about a problem you have
no solution to and blame me for it?
No idea where this *blame* thing comes from. No, I simply pointed out
that the numbers you posted do nothing to buttress your case.
Furthermore, I do have a solution...one that I regularly advocate -
cut spending. Of course, cutting spending isn't a conversation the
liberals wants to have (and yes, that includes many republicans).
Hell, it can't even bear cutting $.01 from every dollar spent in an
effort to at least begin addressing the problem.
Bravo...
My solution tends to lean to removal from office by making them
ineligible to be elected again to any public office.
This is why you have no influence anywhere in the real world. All you do
is bullshit meaninglessly in Usenet. The same is true of Gak (fucked up
the ass by priests hundreds of times — and *admits* it). Both of you are
nothing but keyboard gangsters. You don't have any influence, and you
don't know anyone with influence who would ever waste even five seconds
listening to you.
And the only influence you have Ball, as a 5'1" size 10.5 shoe (that
still kills me), is blowing garden gnomes because you doesn't have to
get on your knees.
J Carlson
2024-06-27 17:33:51 UTC
Permalink
On 6/27/2024 10:22 AM, Gak, fucked up the ass by priests hundreds of times — and
Post by Yak
Post by J Carlson
On 6/27/2024 6:36 AM, scooter, the drunken Virginia camper and gutless
Post by Scout
Post by Yak
scooter, the drunken Virginia camper and gutless chickenshit who is
Gak, fucked up the ass by priests hundreds of times — and *admits* it —
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
        And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
      Who can we trust to do that?
Year     Fed spending in billions
   2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
      You complain about a problem you have
no solution to and blame me for it?
No idea where this *blame* thing comes from. No, I simply pointed out that
the numbers you posted do nothing to buttress your case.
Furthermore, I do have a solution...one that I regularly advocate - cut
spending. Of course, cutting spending isn't a conversation the liberals
wants to have (and yes, that includes many republicans). Hell, it can't even
bear cutting $.01 from every dollar spent in an effort to at least begin
addressing the problem.
Bravo...
My solution tends to lean to removal from office by making them ineligible to
be elected again to any public office.
This is why you have no influence anywhere in the real world. All you do is
bullshit meaninglessly in Usenet. The same is true of Gak (fucked up the ass
by priests hundreds of times — and *admits* it). Both of you are nothing but
keyboard gangsters. You don't have any influence, and you don't know anyone
with influence who would ever waste even five seconds listening to you.
And the only influence you have Ball,
No such poster here, as you well know.
Scout
2024-06-27 13:14:25 UTC
Permalink
Post by Mitchell Holman
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nationâ?Ts finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
You complain about a problem you have
no solution to and blame me for it?
Well considering you support representatives engaging in such (at least as
long as they are of your party) then yes. By your approval of such, you are,
in part, to blame for the consequences of such approval.

Either regular deficit spending is wrong.... for all.... or it's not... for
all...

It's a matter of principles... something which you seem to know very little
about.

Let's just say the power to tax is the power to destroy, and we were wrong
to put the power of taxation solely in the hands of government... regardless
of who is doing it or what excuse they make for doing so.
Scout
2024-06-27 13:10:31 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6 2018..........4,109.0 2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in the
foot.
When did I say otherwise?

Both parties consistently engage in deficit spending, and are wrong do to
so. The only real differences are their excuses for doing so.

Which is why I state, and continue to state that the power of taxation
should be removed from government control.

New taxes and rate increases in taxes should require a direct vote of those
impacted by such a tax. IOW, you have to vote to increase your own taxes.

Otherwise, the government should be required to remain within it's means
otherwise those responsible can't be hold public office again and may even
be removed early, unless they win a vote of confidence that their action was
due to an emergency and needed.

Gives them the freedom to act in a crisis.. but also means they have to
accept accountability afterwards and survive a vote of confidence.
Governor Swill
2024-06-27 17:50:21 UTC
Permalink
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
Why do you say that? Holman's candidate wasn't president in those years.

Swill
Yak
2024-06-27 18:22:53 UTC
Permalink
Post by Governor Swill
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation’s finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
Why do you say that? Holman's candidate wasn't president in those years.
Pick any year since 1957 - the debt has gone up. So, doesn't really
matter who your candidate is. Cherry-picking the Trump years isn't the
flex that you think it is.
Post by Governor Swill
Swill
Mitchell Holman
2024-06-28 01:36:09 UTC
Permalink
Post by Yak
Post by Governor Swill
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big
legislative fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The
mounting costs of Social Security and Medicare continue to
weigh on the nation’s finances, along with rising interest
rates, which have made it more costly for the federal
government to borrow huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue.
The budget deficit in 2024 is projected to be $1.9 trillion, up
from a forecast earlier this year of $1.6 trillion. Over the
next 10 years, the annual deficit is projected to swell to $2.9
trillion. As a share of the economy, debt held by the public in
2034 will be 122 percent of gross domestic product, up from 99
percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is
eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself
in the foot.
Why do you say that? Holman's candidate wasn't president in those years.
Pick any year since 1957 - the debt has gone up. So, doesn't really
matter who your candidate is. Cherry-picking the Trump years isn't the
flex that you think it is.
Post by Governor Swill
Swill
Trump said he would eliminate the
entire national debt.

So why didn't he?
Yak
2024-06-28 11:08:15 UTC
Permalink
Post by Mitchell Holman
Post by Yak
Post by Governor Swill
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big
legislative fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The
mounting costs of Social Security and Medicare continue to
weigh on the nation’s finances, along with rising interest
rates, which have made it more costly for the federal
government to borrow huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue.
The budget deficit in 2024 is projected to be $1.9 trillion, up
from a forecast earlier this year of $1.6 trillion. Over the
next 10 years, the annual deficit is projected to swell to $2.9
trillion. As a share of the economy, debt held by the public in
2034 will be 122 percent of gross domestic product, up from 99
percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is
eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself
in the foot.
Why do you say that? Holman's candidate wasn't president in those years.
Pick any year since 1957 - the debt has gone up. So, doesn't really
matter who your candidate is. Cherry-picking the Trump years isn't the
flex that you think it is.
Post by Governor Swill
Swill
Trump said he would eliminate the
entire national debt.
So why didn't he?
Because he and congress, like every president and congress since 1957
spent more than revenues received. See, this isn't hard.
Scout
2024-06-28 11:12:28 UTC
Permalink
Post by Mitchell Holman
Post by Yak
Post by Governor Swill
Post by Yak
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big
legislative fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The
mounting costs of Social Security and Medicare continue to
weigh on the nationâ?Ts finances, along with rising interest
rates, which have made it more costly for the federal
government to borrow huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue.
The budget deficit in 2024 is projected to be $1.9 trillion, up
from a forecast earlier this year of $1.6 trillion. Over the
next 10 years, the annual deficit is projected to swell to $2.9
trillion. As a share of the economy, debt held by the public in
2034 will be 122 percent of gross domestic product, up from 99
percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is
eliminated.
Who can we trust to do that?
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself
in the foot.
Why do you say that? Holman's candidate wasn't president in those years.
Pick any year since 1957 - the debt has gone up. So, doesn't really
matter who your candidate is. Cherry-picking the Trump years isn't the
flex that you think it is.
Post by Governor Swill
Swill
Trump said he would eliminate the
entire national debt.
So why didn't he?
Too much time being hounded by Democrats looking for something they could
impeach him on.. total, absolute and utter failure.

Seems Democrats were more interested in trying to destroy Trump than being
concerned about the fiscal health of the US
Governor Swill
2024-06-28 01:57:44 UTC
Permalink
<snip>
Post by Yak
Post by Governor Swill
Post by Yak
Post by Mitchell Holman
Year Fed spending in billions
2017..........3,981.6
2018..........4,109.0
2019..........4,447.0
2020..........6,550.4
https://tinyurl.com/bdff9uv7
Looks like we can't trust any of them. Thanks for shooting yourself in
the foot.
Why do you say that? Holman's candidate wasn't president in those years.
Pick any year since 1957 -
1947
Post by Yak
the debt has gone up. So, doesn't really
matter who your candidate is. Cherry-picking the Trump years isn't the
flex that you think it is.
Now here's the part of the story you won't like. The best way to defend America is to
prevent big wars. Wars are always, ALWAYS, caused by disputes over resources - trade
problems. Nations used to manipulate their currencies to their advantage in trade. Make
a big trade deal for, say coal, with a neighbor. Then, after the price in your currency
is agreed on, devaluate your currency so it's worth less and inflate yourself out of the
debt. That sort of thing causes wars.

To that end, the US became the primary, and virtually sole, provider of a currency that
would allow global trade. The US Navy ensures that global trade can occur in safety. The
US dollar ensures an even playing field and we end up with the lion's share of control
over all of it.

We are THE big dog and that means we can't hide under the porch, we're on top right in
front of the door.

We sure could use another way to distribute dollars. The interest on the debt is getting
out of hand.

Swill
Scout
2024-06-27 12:14:35 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Yak
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nationâ?Ts finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Who can we trust to do that?
That is indeed the question.. However, if we were to make doing so have
direct consequences then it would probably solve itself.

For example, planned deficit spending should be required to go to popular
vote. IOW, the people will have to vote to drive themselves into poverty.

Another way (either stand alone or with above) would be if deficit spending
made a representative ineligible for reelection or if severe enough ended
all pay and benefits for that representative. In short, require they have
skin in the game. Indeed, I think their pensions should be handled by the
SSA as required of us. Their medical should go through the medicaid,
medicare and/or the VA and treat just the same as everyone else. After all,
if it's good enough for us, then it should be good enough for them.
Finally, hold ALL government officials, including Congress, to all the laws
that apply to everyone else (ie no insider trading).

Indeed I think while in public service, their assets and investments should
be frozen, and they live off of a government stipend.
After all, if you are a member of Congress, insider trading laws don't apply
to you, you can invest with prior knowledge of who will be awarded the
contract.. which also means they could be picking the 'winner' based on how
much they will personally profit from it, rather than which is actually the
best offer. Another area they have shown they have immunity in is equal
opportunity employment. Congressional members and be totally arbitrary in
who they hire. If you get elected to Congress and you decide your staff
should be fit blond women.. that's who you can hire. I would go one step
further.. you have to hire people who live in and have lived at least three
years in your district. In short, you are supported by people who also have
'skin in the game'.

Further, I think we should consider denying anyone who holds public office
from running for public office.

In short, we aren't paying you to spend 6 months or a year campaigning for a
job... we are paying you to do the job you have. So, either finish your
term, or quit, then you can seek a new job.


I think this would do wonders to keep elected officials in touch with their
constituents and would help level the field since you can't run for the
office you already hold. It would also tend to reduce the effect of the
"career politician" who spends all their time in the capital and none
dealing with their constituents in their district. Oh, which also means they
have to comply with the residency requirements.... so they have to spend
more time actually living in their district.
Gronk
2024-06-28 03:47:40 UTC
Permalink
Post by Scout
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Ding Ding Ding! Why haven't republicans
actually tried that? #FelonDon didn't...
J Carlson
2024-06-28 04:02:05 UTC
Permalink
Post by Gronk
Post by Scout
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Ding Ding Ding! Why haven't republicans
actually tried that? #FelonDon didn't...
Correct...specifically, when Republiscums/QAnon controlled both the presidency
and Congress? They just don't have an answer.
Edward Dunbar
2024-06-28 05:30:29 UTC
Permalink
Spending less than revenue is the means by which debt is eliminated,
something ignorant Democrats have never learned.
One of the economists is married to a top Biden official and donated $25K
to Biden Victory Fund

FIRST ON FOX: A letter signed by 16 top economists warning of the economic
dangers of electing former President Trump, which is being amplified by
the Biden campaign and other Biden surrogates, is littered with
signatories who have either donated to Biden or supported him politically
in the past.

"While each of us has different views on the particulars of various
economic policies, we all agree that Joe Biden's economic agenda is vastly
superior to Donald Trump," the economists wrote in a letter first reported
on by Axios this week that has been promoted by various members of the
Biden campaign on X, formerly known as Twitter.

The letter’s Nobel Prize-winning signatories show political donations to
President Biden's 2020 and 2024 campaigns. The signatories also donated
tens of thousands of dollars to other Democrat candidates and signed
previous letters supporting Biden's agenda, including attacking "selfish
and reckless" Trump, a Fox News Digital review found.

Economist Joseph Stiglitz, the Columbia University professor who
reportedly spearheaded the letter, previously signed a letter supporting
Biden’s Build Back Better agenda and donated $1,250 to the Biden Victory
Fund in 2020.

Between 2004 and 2020, Stiglitz donated over $90,000 to Democrat
candidates, FEC records show.

Georgetown University Professor George A. Akerlof, who is married to
Biden’s Treasury Secretary Janet Yellen, donated $25,000 to the Biden
Victory Fund and maxed out as a donor in 2020, giving the campaign $5,600.

Akerlof, who donated nearly $90,000 to Democrats between the 1990s and
2022, also signed a letter supporting Build Back Better, and signed a
letter in 2020 calling Trump’s re-election effort "selfish and reckless."

Harvard University economist and historian Claudia Goldin donated $500 to
the Biden campaign in 2020 and 2024 and has donated over $8,000 to
Democrats in recent years. Goldin also signed a 2020 letter endorsing the
Biden campaign.

Economist and mathematician Eric Maskin signed a 2020 letter expressing
support for the Biden campaign’s agenda and donated $3,000 to Democrats in
recent years, including Senate candidates Raphael Warnock, Beto O’Rourke
and Jon Ossoff.

When reached for comment on his background supporting Biden and Democrats,
Maskin said, "Although I am a registered Democrat and have donated money
to Democratic candidates on occasion, I have also voted for many
Republicans over the years (including Bill Weld and Charlie Baker for
governor of Massachusetts)" in a statement to Fox News Digital.

He added that he considers himself to "be more a centrist than a strong
partisan in either ideological direction" and pointed to an op-ed he
recently wrote against political polarization in favor of a Republican
senator and "supported the 2020 Biden agenda on its economic merits and
signed the recent letter for the same reasons."

Paul Milgrom, an economist at Stanford University, also previously signed
letters supporting Build Back Better and calling Trump’s 2020 campaign
"selfish and reckless."

Daniel McFadden, an economics professor at UC Berkeley, donated at least
$4,500 to Democrats in 2020. He also signed onto a letter saying Biden's
Build Back Better plan will "ease" inflation. He was also part of another
letter endorsing Biden in 2020.

Roger Myerson, an economist at the University of Chicago, donated $2,350
to the Biden campaign in 2020 and $250 in 2024 on top of donating over
$40,000 to Democrats between 2004 and 2024.

Myerson also previously signed a letter backing Build Back Better and
Biden’s economic recovery agenda. The University of Chicago economist took
to X after the letter was published, posting, "A dictator from day 1 would
be bad for America, and we should testify to that fact as patriotic
Americans."

"As economists we can testify that his policies would not help against
inflation either," he added.

Economist Edmund S. Phelps wrote an article in 2020 called "The Economic
Case for Biden" and also said that everything Trump has stood for in the
past has been a "disaster."

Phelps has also donated to Democrats in the past, including a $1,500
donation to a Democratic House candidate and $25 to Pete Buttigieg.

Paul Romer, an economist at Boston College, has previously described the
Trump years as "miserable" and publicly supported his impeachment. Romer
endorsed Biden in a 2020 letter, praised Biden’s pandemic plan, and signed
a letter in support of Build Back Better.

Stanford University economist Alvin Roth also signed multiple letters
opposing Trump and supported the letter that referred to him as "selfish
and reckless" on top of donating $1,250 to presidential candidate Barack
Obama in 2008.

Nobel Prize-winning economist William Sharpe donated $500 to the Biden
campaign and $500 to the Biden Victory Fund in 2020. Sharpe also signed a
letter to business leaders in 2020 arguing that it was time to speak out
against Trump and the "threat" he "poses to the Republic."

Robert Shiller, a Yale University economist, donated $1,000 to the Biden
Victory Fund in 2020 and over $20,000 to Democrats in total in recent
years. In 2019, Shiller said he would support any candidate over Trump.

Princeton University economist Christopher Sims donated $500 to the Biden
Victory Fund in 2020 and over $9,000 to various Democrats.

Two British economists on the list, Sir Oliver Hart and Sir Angus Deaton,
signed a letter in support of Build Back Better. Hart endorsed Biden in
2020 and also signed the 2020 letter calling Trump "selfish and reckless."

Several Biden campaign officials pounced on the story Tuesday morning to
amplify the Axios report, including the Biden campaign's rapid response
adviser, James Singer, and campaign manager, Julie Chavez Rodriguez.

White House senior deputy press secretary Andrew Bates and other Biden
surrogates also shared the report and quoted from it, including California
Gov. Gavin Newsom.

Tim Murtaugh, who served as Trump's 2020 campaign spokesman, mocked the
report on social media Tuesday, saying, "How amazing that this happens
just in time for Biden to reference it in the upcoming debate (it’s a good
bet that he does)."

"It’s almost as much of a stroke of luck as the letter from 51
intelligence officers claiming that Hunter’s laptop was Russian
disinformation," Murtaugh continued. "Amazing."

Axios did not note the previous political activism of the economists in
the story nor did it note that one of the top signatories is married to
Yellen.

Axios did not respond to a request for comment from Fox News Digital.

Fox News Digital reached out to the Biden campaign and all 16 economists
for comment.

Andrew Mark Miller is a reporter at Fox News. Find him on Twitter
@andymarkmiller and email tips to ***@Fox.com.

https://www.foxnews.com/politics/axios-omits-crucial-details-about-
economists-say-trump-will-destroy-economy
Yak
2024-06-28 11:13:04 UTC
Permalink
Post by Gronk
Post by Scout
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Ding Ding Ding! Why haven't republicans
actually tried that? #FelonDon didn't...
For the same reson democrats haven't - votes.
pothead
2024-06-28 12:26:56 UTC
Permalink
Post by Yak
Post by Gronk
Post by Scout
Post by Yak
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation’s finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
      And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Here's a radical thought...now, just hear me out. How about cut spending?
Ding! Ding! Ding!
We have a winner.
Spending less than revenue is the means by which debt is eliminated.
Ding Ding Ding! Why haven't republicans
actually tried that? #FelonDon didn't...
For the same reson democrats haven't - votes.
Yes.
Both parties spend far too much money.
--
pothead
Joe Biden is the absolute WORST President Of the U.S. ever.
Nobody else is even close. Including Jimmy Carter.
Vote for ANYBODY but Joe Biden in 2024.
Aub Henry
2024-06-19 18:29:00 UTC
Permalink
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
If elected and not sent to prison to die, Trump says he'll pay off the debt
just like he did last time, with big tax cuts and more of his usual out of
control spending.


Trump added $8.4 trillion to the national debt: Analysis
by Tobias Burns - 01/24/24 1:26 PM ET


Tax cuts and pandemic relief measures enacted during the Trump
administration added $8.4 trillion to the national debt over the 10-year
budget window, according to a study released Wednesday by a top budget
watchdog group.

Discretionary spending increases from 2018 and 2019 added $2.1 trillion,
Trump’s signature Tax Cuts and Jobs Act added $1.9 trillion and the 2020
bipartisan CARES Act for pandemic relief added another $1.9 trillion, the
Committee for a Responsible Federal Budget (CRFB), a Washington think tank,
found in a study released earlier this month.

“Of the $8.4 trillion President Trump added to the debt, $3.6 trillion came
from COVID relief laws and executive orders, $2.5 trillion from tax cut
laws, and $2.3 trillion from spending increases, with the remaining
executive orders having costs and savings that largely offset each other,”
budget experts with the CRFB wrote in a summary of the report.

The only significant deficit reduction enacted by the Trump administration
noted in the report was due to tariffs levied on a variety of imported
goods, which are calculated to have brought in $445 billion over 10 years.

Questions about the budgetary effects of Trump’s fiscal policies have been
a point of debate during the ongoing Republican primary. Both former U.N.
Ambassador Nikki Haley and Florida Gov. Ron DeSantis, who dropped out of
the race Sunday, have criticized the former president’s willingness to add
to the deficit.

While Haley remains in the race, Trump outperformed her in Tuesday’s New
Hampshire primary by more than 10 percentage points and appears on track to
clinch his third GOP presidential nomination.
’

The Biden administration has also passed several pieces of deficit-
expanding legislation, including an infrastructure bill that added $256
billion to the deficit and a bill to increase domestic semiconductor
production that added $79 billion.

The administration’s signature environmental and health care package, known
as the Inflation Reduction Act, reduced the deficit by between $200 billion
and $300 billion.

The U.S. deficit ballooned after the pandemic to more than 130 percent of
gross domestic product (GDP) but has since subsided to around 120 percent.
That new plateau is still significantly higher than pre-pandemic levels,
which hovered around 100 percent of GDP between 2012 and 2020.

The U.S. debt, which stands at about $34 trillion, has been a major focus
for Republicans, who have pushed for steep spending cuts after taking
control of the House in January 2023.

Partisan standoffs over the U.S. debt and spending cuts nearly forced a
default on outstanding U.S. debt last summer before an agreement was
reached to raise the debt ceiling. Threats to shut down the government over
the deficit have also proliferated in the split Congress.
Anonymous
2024-06-20 02:58:58 UTC
Permalink
Post by Aub Henry
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
If elected and not sent to prison to die,
You need to be killed for attempted murder.
Post by Aub Henry
Trump added $8.4 trillion to the national debt: Analysis
by Tobias Burns - 01/24/24 1:26 PM ET
Trump was responsible for $8.18 trillion, but $3.6 trillion of that was
COVID Hoax spending that YOU demanded.
Scout
2024-06-26 17:46:34 UTC
Permalink
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly than
previously expected, at a time when big legislative fights loom over
taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S. national
debt is poised to top $56 trillion by 2034, as rising spending and
interest expenses outpace tax revenues. The mounting costs of Social
Security and Medicare continue to weigh on the nation's finances,
along with rising interest rates, which have made it more costly for
the federal government to borrow huge sums of money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual deficit
is projected to swell to $2.9 trillion. As a share of the economy,
debt held by the public in 2034 will be 122 percent of gross domestic
product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Well.... we've tried raising taxes, more borrowing and strong enforcement of
the tax laws.. and all it's gotten us is larger debt.

Here's an idea... if politicians spend more than 95% of the revenue..
(remaining 5% to pay down national debt) they can't hold public office. Is
they have to borrow money to keep the government solvent, then the first
thing confiscated are their pensions, then bank accounts, investments,
stocks, bonds, and finally property, and if they declare bankruptcy they are
removed from public office.

I bet they would figure out how NOT to spend all our money then.
Governor Swill
2024-06-27 00:17:34 UTC
Permalink
Post by Scout
Well.... we've tried raising taxes, more borrowing and strong enforcement of
the tax laws.. and all it's gotten us is larger debt.
Poppy Bush called it 'voodoo economics' until Reagan made him his VP.
https://zfacts.com/national-debt/

Swill
NP: Sade - Smooth Operator
Mitchell Holman
2024-06-27 01:44:11 UTC
Permalink
Post by Scout
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights loom
over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation's finances, along with rising interest rates, which have made
it more costly for the federal government to borrow huge sums of
money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual
deficit is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Well.... we've tried raising taxes, more borrowing and strong
enforcement of the tax laws.. and all it's gotten us is larger debt.
Here's an idea... if politicians spend more than 95% of the revenue..
(remaining 5% to pay down national debt) they can't hold public
office.
And if a politician doesn't
abide by your litmus test what
then? Impeach them? Using what
"high crime or misdemeanor"?
Scout
2024-06-27 12:51:18 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights loom
over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation's finances, along with rising interest rates, which have made
it more costly for the federal government to borrow huge sums of
money.
As a result, the United States is expected to continue running large
budget deficits, which are the gap between what America spends and
what it receives through taxes and other revenue. The budget deficit
in 2024 is projected to be $1.9 trillion, up from a forecast earlier
this year of $1.6 trillion. Over the next 10 years, the annual
deficit is projected to swell to $2.9 trillion. As a share of the
economy, debt held by the public in 2034 will be 122 percent of
gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Well.... we've tried raising taxes, more borrowing and strong
enforcement of the tax laws.. and all it's gotten us is larger debt.
Here's an idea... if politicians spend more than 95% of the revenue..
(remaining 5% to pay down national debt) they can't hold public
office.
And if a politician doesn't
abide by your litmus test what
then? Impeach them? Using what
"high crime or misdemeanor"?
Well, whether they remain in office could be decided by a vote in their
district.

The way I see is in an emergency, or even non-emergency. Any official who
supports such an expenditure has a vote of confidence by the people of their
district. If they can get 60% approval or better, then the people decided
their actions were justified and they get an exemption for that time. If
they don't they get to finish out their term. If they drop too low say 30%
approval... they are removed from office. Between those they stay in office
until the end of their term and can run for office again.

In short, demand fiscal responsibility. There should be a means by which we
can have a means to decide if excessive spending has our approval or not.
This would allow the government to react in an emergency, but tend to
require it to be an actual emergency not one they fabricated to get
allowance to spend what they otherwise could not.

And while we are on the subject. repayment of this emergency spending would
have to be factored into future budgets on an equal annual basis such as
it's paid off within 20 years,
Mitchell Holman
2024-06-27 18:02:35 UTC
Permalink
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation's finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Well.... we've tried raising taxes, more borrowing and strong
enforcement of the tax laws.. and all it's gotten us is larger debt.
Here's an idea... if politicians spend more than 95% of the
revenue.. (remaining 5% to pay down national debt) they can't hold
public office.
And if a politician doesn't
abide by your litmus test what
then? Impeach them? Using what
"high crime or misdemeanor"?
Well, whether they remain in office could be decided by a vote in
their district.
So a recall election every time
a Congressman votes for a spending
bill?

Who is going to pay for THAT,
and how many voters will actually
show up to vote?
Post by Scout
The way I see is in an emergency, or even non-emergency. Any official
who supports such an expenditure has a vote of confidence by the
people of their district. If they can get 60% approval or better, then
the people decided their actions were justified and they get an
exemption for that time. If they don't they get to finish out their
term. If they drop too low say 30% approval... they are removed from
office.
The public supports ALL
deficit spending if it benefits
their district. "Bringing Home
The Bacon", it is called.


Newt Gingrich's home district of Cobb County,
Ga. received $9,878 per resident from the
federal government in 1994. New York City,
which Gingrich called a "culture of waste"
because of its reliance on federal funds,
received only $5,461 per capita.


PS: How do you "remove from
office" a Congressman because
of a poll?
Scout
2024-06-27 18:52:07 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to its
national debt over the next decade, borrowing money more quickly
than previously expected, at a time when big legislative fights
loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The mounting
costs of Social Security and Medicare continue to weigh on the
nation's finances, along with rising interest rates, which have
made it more costly for the federal government to borrow huge sums
of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from a
forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9 trillion.
As a share of the economy, debt held by the public in 2034 will be
122 percent of gross domestic product, up from 99 percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Well.... we've tried raising taxes, more borrowing and strong
enforcement of the tax laws.. and all it's gotten us is larger debt.
Here's an idea... if politicians spend more than 95% of the
revenue.. (remaining 5% to pay down national debt) they can't hold
public office.
And if a politician doesn't
abide by your litmus test what
then? Impeach them? Using what
"high crime or misdemeanor"?
Well, whether they remain in office could be decided by a vote in
their district.
So a recall election every time
a Congressman votes for a spending
bill?
If it's over budget.. sure.

After all... there is no reason they can't remain within a budget. Everyone
else has to do so.
Post by Mitchell Holman
Who is going to pay for THAT,
and how many voters will actually
show up to vote?
Would be cheaper than the money being borrowed and all those who care. All I
can say is if they don't get enough support for their spending.. they aren't
going to keep their position.
Post by Mitchell Holman
Post by Scout
The way I see is in an emergency, or even non-emergency. Any official
who supports such an expenditure has a vote of confidence by the
people of their district. If they can get 60% approval or better, then
the people decided their actions were justified and they get an
exemption for that time. If they don't they get to finish out their
term. If they drop too low say 30% approval... they are removed from
office.
The public supports ALL
deficit spending if it benefits
their district. "Bringing Home
The Bacon", it is called.
I don't. A lot of people don't. Running us into debt just because you got a
bunch of money for some useless project does noting for anyone.

I will simply note.. bankruptcy is only a matter of time if we continue on
this path, and then NO ONE will be happy.
Ralph Mowery
2024-06-27 19:27:59 UTC
Permalink
Post by Scout
I don't. A lot of people don't. Running us into debt just because you got a
bunch of money for some useless project does noting for anyone.
I will simply note.. bankruptcy is only a matter of time if we continue on
this path, and then NO ONE will be happy.
Part of the problem is we have too many old people in congress that will
be dead by the time the debt gets high enough to effect them.
That is partly why it does not matter how high it gets for now. Some
how the voters should force congress to balance the budget and get the
spending under control. We can cut off giving money to other countries,
cut back on all the extras and unneeded pork projects. Reduce the White
house staff and cut out providing the guards for the president. After
all all one has to do is shoot the shotgun up in the air per Biden.
Ed P
2024-06-27 20:22:30 UTC
Permalink
Post by Ralph Mowery
Post by Scout
I don't. A lot of people don't. Running us into debt just because you got a
bunch of money for some useless project does noting for anyone.
I will simply note.. bankruptcy is only a matter of time if we continue on
this path, and then NO ONE will be happy.
Part of the problem is we have too many old people in congress that will
be dead by the time the debt gets high enough to effect them.
That is partly why it does not matter how high it gets for now. Some
how the voters should force congress to balance the budget and get the
spending under control. We can cut off giving money to other countries,
cut back on all the extras and unneeded pork projects. Reduce the White
house staff and cut out providing the guards for the president. After
all all one has to do is shoot the shotgun up in the air per Biden.
The Republican platform had term limits in it. What happened to that?
I support it.
Ralph Mowery
2024-06-27 20:53:45 UTC
Permalink
Post by Ed P
The Republican platform had term limits in it. What happened to that?
I support it.
There is no need for term limits , they can be voted out at the end of
each term if the voters ould get off their sorry asses and do it. I am
for something to limit the supreme court for around 10 years or less.
Scout
2024-06-28 11:06:27 UTC
Permalink
Post by Ralph Mowery
Post by Ed P
The Republican platform had term limits in it. What happened to that?
I support it.
There is no need for term limits , they can be voted out at the end of
each term if the voters ould get off their sorry asses and do it. I am
for something to limit the supreme court for around 10 years or less.
I don't know.. when it comes to the Supreme Court some stability and limited
shifts has some appeal.
Scout
2024-06-28 11:04:26 UTC
Permalink
Post by Ralph Mowery
Post by Scout
I don't. A lot of people don't. Running us into debt just because you got a
bunch of money for some useless project does noting for anyone.
I will simply note.. bankruptcy is only a matter of time if we continue on
this path, and then NO ONE will be happy.
Part of the problem is we have too many old people in congress that will
be dead by the time the debt gets high enough to effect them.
That is partly why it does not matter how high it gets for now. Some
how the voters should force congress to balance the budget and get the
spending under control. We can cut off giving money to other countries,
cut back on all the extras and unneeded pork projects. Reduce the White
house staff and cut out providing the guards for the president. After
all all one has to do is shoot the shotgun up in the air per Biden.
The Republican platform had term limits in it. What happened to that? I
support it.
I would go one step further.... there should be a limit of how many years
you can hold public office... if it's an government position to which you
are elected then that counts, from dog catcher to President. Say 12 years
total? Being a politician should not be a career.
Mitchell Holman
2024-06-28 01:54:57 UTC
Permalink
Post by Ralph Mowery
Post by Scout
I don't. A lot of people don't. Running us into debt just because you
got a bunch of money for some useless project does noting for anyone.
I will simply note.. bankruptcy is only a matter of time if we
continue on this path, and then NO ONE will be happy.
Part of the problem is we have too many old people in congress that
will be dead by the time the debt gets high enough to effect them.
Bingo.



Trump shrugs off future debt crisis: "I won't be here"
December 05, 2018

President Trump is dismissing the importance
of paying down the national debt, saying he
won't be in office to take blame for the
nation's fiscal crisis when it becomes even
more unsustainable, according to a report
Wednesday.

The national debt sits at $21 trillion and
counting. As a candidate, when the national
debt was $19 trillion, Trump promised to
erase the entire debt "over a period of eight
years."

Trump said the data showed the national debt
would only become untenable after he left
office, the Daily Beast reported.

"Yeah, but I won't be here, Trump said.

https://tinyurl.com/y7deln2b
Scout
2024-06-28 11:09:27 UTC
Permalink
Post by Mitchell Holman
Post by Ralph Mowery
Post by Scout
I don't. A lot of people don't. Running us into debt just because you
got a bunch of money for some useless project does noting for anyone.
I will simply note.. bankruptcy is only a matter of time if we
continue on this path, and then NO ONE will be happy.
Part of the problem is we have too many old people in congress that
will be dead by the time the debt gets high enough to effect them.
Bingo.
Trump shrugs off future debt crisis: "I won't be here"
December 05, 2018
President Trump is dismissing the importance
of paying down the national debt, saying he
won't be in office to take blame for the
nation's fiscal crisis when it becomes even
more unsustainable, according to a report
Wednesday.
Actually, he acknowledged the need to pay down the debt, but also noted that
if it wasn't he wouldn't be the person in office when the system collapsed.

The rest is a 'interpretation' that attempts to show that Trump has no
concern over the national debt.
Mitchell Holman
2024-06-28 13:54:24 UTC
Permalink
Post by Scout
Post by Mitchell Holman
Post by Ralph Mowery
Post by Scout
I don't. A lot of people don't. Running us into debt just because
you got a bunch of money for some useless project does noting for
anyone.
I will simply note.. bankruptcy is only a matter of time if we
continue on this path, and then NO ONE will be happy.
Part of the problem is we have too many old people in congress that
will be dead by the time the debt gets high enough to effect them.
Bingo.
Trump shrugs off future debt crisis: "I won't be here"
December 05, 2018
President Trump is dismissing the importance
of paying down the national debt, saying he
won't be in office to take blame for the
nation's fiscal crisis when it becomes even
more unsustainable, according to a report
Wednesday.
Actually, he acknowledged the need to pay down the debt, but also
noted that if it wasn't he wouldn't be the person in office when the
system collapsed.
The rest is a 'interpretation' that attempts to show that Trump has no
concern over the national debt.
Trump cut taxes, increased spending,
blew up the deficit, and you dare to claim
he had "concern" over the debt?




President Trump has Signed $4.7 Trillion
of Debt into Law

JAN 8, 2020

Our US Budget Watch 2020 project analyzes,
estimates, and explains the fiscal
implications of proposals introduced
during the presidential campaigns. These
proposals offer important insights on each
candidate’s fiscal priorities. So too do
their past records, especially the record
of the candidate who has already served
as President for three years – President
Donald Trump.

During the 2016 campaign, we estimated
then-candidate Trump’s campaign plans
would add $5.3 trillion to the debt from
2017 to 2026 (assuming policies were
enacted immediately). In this analysis,
we show that President Trump has already
signed into law $4.2 trillion of debt
over a comparable budget window and $4.7
trillion from 2017 through 2029.
https://tinyurl.com/3faxd428
Governor Swill
2024-06-28 02:37:00 UTC
Permalink
Post by Ralph Mowery
Part of the problem is we have too many old people in congress that will
be dead by the time the debt gets high enough to effect them.
That is partly why it does not matter how high it gets for now. Some
how the voters should force congress to balance the budget and get the
spending under control. We can cut off giving money to other countries,
Yes, let's cut off aid to Israel so the Arabs can restart the great Muslim empire again.

Then let's cut aid to Taiwan so China can seize it and have control of three quarters of
the world's supply of microchips.
Post by Ralph Mowery
cut back on all the extras and unneeded pork projects.
Which might amount to a few billion. Unless you consider toilet paper in federal
courthouse an "extra".
Post by Ralph Mowery
Reduce the White
house staff and cut out providing the guards for the president.
Well, that statement is just stupid.
Post by Ralph Mowery
After
all all one has to do is shoot the shotgun up in the air per Biden.
Didn't even make sense.

Swill
Scout
2024-06-28 11:03:03 UTC
Permalink
Post by Ralph Mowery
Post by Scout
I don't. A lot of people don't. Running us into debt just because you got a
bunch of money for some useless project does noting for anyone.
I will simply note.. bankruptcy is only a matter of time if we continue on
this path, and then NO ONE will be happy.
Part of the problem is we have too many old people in congress that will
be dead by the time the debt gets high enough to effect them.
Actually most of the people in Congress wouldn't care. With their ability to
engage in insider trading and knowing that Congress will protect themselves
in any event.. they could weather such an event..
Post by Ralph Mowery
That is partly why it does not matter how high it gets for now. Some
how the voters should force congress to balance the budget and get the
spending under control.
Yep. That is imperative, and if the convention of states is ever called I
hope such an Amendment to bring federal spending under control and to start
service of the existing debt. It will mean the federal government will have
to stop giving away our money to the world and a great many projects will be
canceled or never started (which we can probably do without) and those in
Congress should face consequences if they fail to follow such an Amendment
from removal from office to jail time served behind bars.
Post by Ralph Mowery
We can cut off giving money to other countries,
cut back on all the extras and unneeded pork projects.
Yep.
Post by Ralph Mowery
Reduce the White
house staff and cut out providing the guards for the president.
Well, he needs some guards, and we need to consider how much is actually
being spent, and how much would actually be saved..
Post by Ralph Mowery
After
all all one has to do is shoot the shotgun up in the air per Biden.
ROTFLMAO.. point.. but then Biden is an idiot which everyone knows even if
people refuse to publically admit it.
Mitchell Holman
2024-06-28 01:52:55 UTC
Permalink
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The
mounting costs of Social Security and Medicare continue to weigh
on the nation's finances, along with rising interest rates,
which have made it more costly for the federal government to
borrow huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9
trillion. As a share of the economy, debt held by the public in
2034 will be 122 percent of gross domestic product, up from 99
percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Well.... we've tried raising taxes, more borrowing and strong
enforcement of the tax laws.. and all it's gotten us is larger debt.
Here's an idea... if politicians spend more than 95% of the
revenue.. (remaining 5% to pay down national debt) they can't hold
public office.
And if a politician doesn't
abide by your litmus test what
then? Impeach them? Using what
"high crime or misdemeanor"?
Well, whether they remain in office could be decided by a vote in
their district.
So a recall election every time
a Congressman votes for a spending
bill?
If it's over budget.. sure.
So every Tuesday all businesses
will have to close so voters can go
vote on a spending bill?
Post by Scout
After all... there is no reason they can't remain within a budget.
Everyone else has to do so.
If you think voter turnout is low
now..........
Post by Scout
Post by Mitchell Holman
Who is going to pay for THAT,
and how many voters will actually
show up to vote?
Would be cheaper than the money being borrowed and all those who care.
All I can say is if they don't get enough support for their spending..
they aren't going to keep their position.
A weekly election, followed by
election contests and recounts, all
at county expense.

Gads.
Post by Scout
Post by Mitchell Holman
Post by Scout
The way I see is in an emergency, or even non-emergency. Any
official who supports such an expenditure has a vote of confidence
by the people of their district. If they can get 60% approval or
better, then the people decided their actions were justified and
they get an exemption for that time. If they don't they get to
finish out their term. If they drop too low say 30% approval... they
are removed from office.
The public supports ALL
deficit spending if it benefits
their district. "Bringing Home
The Bacon", it is called.
I don't. A lot of people don't. Running us into debt just because you
got a bunch of money for some useless project does noting for anyone.
Politicians wouldn't gush about the
federal pork they brought home if it cost
them votes. It gains them votes, always.
Scout
2024-06-28 11:10:43 UTC
Permalink
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Scout
Post by Mitchell Holman
Post by Thank Joe Biden Democrats
The United States is on a pace to add trillions of dollars to
its national debt over the next decade, borrowing money more
quickly than previously expected, at a time when big legislative
fights loom over taxes and spending.
The Congressional Budget Office said on Tuesday that the U.S.
national debt is poised to top $56 trillion by 2034, as rising
spending and interest expenses outpace tax revenues. The
mounting costs of Social Security and Medicare continue to weigh
on the nation's finances, along with rising interest rates,
which have made it more costly for the federal government to
borrow huge sums of money.
As a result, the United States is expected to continue running
large budget deficits, which are the gap between what America
spends and what it receives through taxes and other revenue. The
budget deficit in 2024 is projected to be $1.9 trillion, up from
a forecast earlier this year of $1.6 trillion. Over the next 10
years, the annual deficit is projected to swell to $2.9
trillion. As a share of the economy, debt held by the public in
2034 will be 122 percent of gross domestic product, up from 99
percent in 2024.
And the cure for that is more tax cuts,
more borrowing, and less enforcement of tax
laws. Right.
Well.... we've tried raising taxes, more borrowing and strong
enforcement of the tax laws.. and all it's gotten us is larger debt.
Here's an idea... if politicians spend more than 95% of the
revenue.. (remaining 5% to pay down national debt) they can't hold
public office.
And if a politician doesn't
abide by your litmus test what
then? Impeach them? Using what
"high crime or misdemeanor"?
Well, whether they remain in office could be decided by a vote in
their district.
So a recall election every time
a Congressman votes for a spending
bill?
If it's over budget.. sure.
So every Tuesday all businesses
will have to close so voters can go
vote on a spending bill?
If the federal government goes into the red every Tuesday.. yea.

Bet by the end of the month, there would be some changes in representation
and spending.....
Governor Swill
2024-06-28 02:33:35 UTC
Permalink
Post by Scout
After all... there is no reason they can't remain within a budget. Everyone
else has to do so.
Everyone else isn't responsible for maintaining the supply of the primary global trade
currency.

Swill
micky
2024-06-19 23:19:15 UTC
Permalink
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.

And it didn't just happen then. He DID it, by pushing for a massive tax
cut for rich people when it wasn't needed to spur the economy.

But I suspect you've drunk the kool-aid and don't care about facts that
make trump look bad, even other facts that make him look like a sewer
rat.

In alt.home.repair, on Wed, 19 Jun 2024 11:13:57 +0200 (CEST), Thank Joe
Biden Democrats <no-***@democrats.usa> wrote:
Judge Arthur Enron
2024-06-20 10:26:35 UTC
Permalink
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Do you think the Biden Crime Family pays the required taxes on their
numerous secret shell companies?
super70s
2024-06-20 11:05:20 UTC
Permalink
Post by Judge Arthur Enron
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Do you think the Biden Crime Family pays the required taxes on their
numerous secret shell companies?
No we don't deal in right-wing hallucinations, we think the Trump Crime
Family's own Michael Corleone (Jared Kushner) set himself up for a $2
billion sweetheart deal from the Saudis.

(I'll be glad to rub your nose in your own poop if you claim it's a lie.)
pothead
2024-06-20 13:28:04 UTC
Permalink
Post by super70s
Post by Judge Arthur Enron
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Do you think the Biden Crime Family pays the required taxes on their
numerous secret shell companies?
No we don't deal in right-wing hallucinations, we think the Trump Crime
Family's own Michael Corleone (Jared Kushner) set himself up for a $2
billion sweetheart deal from the Saudis.
(I'll be glad to rub your nose in your own poop if you claim it's a lie.)
Trump has something to sell, ie:product.

In this case it's a "sovereign wealth fund which has investments in, Uber, Microsoft, Nintendo and
many other prestigious companies.

So what has the Biden family been selling?

I'll wait........
--
pothead
Joe Biden is the absolute WORST President Of the U.S. ever.
Nobody else is even close. Including Jimmy Carter.
Vote for ANYBODY but Joe Biden in 2024.
Scout
2024-06-26 18:58:34 UTC
Permalink
Post by Judge Arthur Enron
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Do you think the Biden Crime Family pays the required taxes on their
numerous secret shell companies?
"Following subpoenas to obtain Biden family associates’ bank records,
Chairman Comer issued subpoenas for Hunter and James Biden’s personal and
business bank records. The House Oversight Committee has identified over 20
shell companies and uncovered how the Bidens and their associates raked in
over $24 million dollars between 2015 and 2019 by selling Joe Biden as “the
brand.” Financial records obtained show Hunter Biden’s business account,
Owasco PC, received payments from Chinese-state linked companies and other
foreign nationals and companies.

Payments to Joe Biden from Hunter’s Owasco PC corporate account are part of
a pattern revealing Joe Biden knew about, participated in, and benefited
from his family’s influence peddling schemes. As the Bidens received
millions from foreign nationals and companies in China, Russia, Ukraine,
Romania, and Kazakhstan, Joe Biden dined with his family’s foreign
associates, spoke to them by speakerphone, had coffee, attended meetings,
and ultimately received payments that were funded by his family’s business
dealings."

https://oversight.house.gov/release/comer-releases-direct-monthly-payments-to-joe-biden-from-hunter-bidens-business-entity%EF%BF%BC/
Governor Swill
2024-06-27 00:08:46 UTC
Permalink
"Following subpoenas to obtain Biden family associates’ bank records,
Chairman Comer issued subpoenas for Hunter and James Biden’s personal and
business bank records. The House Oversight Committee has identified over 20
shell companies and uncovered how the Bidens and their associates raked in
over $24 million dollars between 2015 and 2019 by selling Joe Biden as “the
brand.” Financial records obtained show Hunter Biden’s business account,
Owasco PC, received payments from Chinese-state linked companies and other
foreign nationals and companies.
Payments to Joe Biden from Hunter’s Owasco PC corporate account are part of
a pattern revealing Joe Biden knew about, participated in, and benefited
from his family’s influence peddling schemes. As the Bidens received
millions from foreign nationals and companies in China, Russia, Ukraine,
Romania, and Kazakhstan, Joe Biden dined with his family’s foreign
associates, spoke to them by speakerphone, had coffee, attended meetings,
and ultimately received payments that were funded by his family’s business
dealings."
https://oversight.house.gov/release/comer-releases-direct-monthly-payments-to-joe-biden-from-hunter-bidens-business-entity%EF%BF%BC/
None of which has been corroborated with actual evidence. And even if it were, none of it
occurred during Biden's Presidency.

Swill
NP: Nat King Cole & Natalie Cole - Unforgettable
max headroom
2024-06-21 05:08:32 UTC
Permalink
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing Biden.
And it didn't just happen then. He DID it, by pushing for a massive
tax cut for rich people when it wasn't needed to spur the economy.
But I suspect you've drunk the kool-aid and don't care about facts
that make trump look bad, even other facts that make him look like a
sewer rat.
https://www.creators.com/read/stephen-moore/01/23/its-official-trumps-tax-cuts-paid-for-themselves
Scout
2024-06-26 18:56:07 UTC
Permalink
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Yea, but Biden is on track to BREAK that record before the end of his term
in office.

https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/

In short Biden is comparing his 3 years against Trump's 4 years. Not exactly
an fair assessment.
Governor Swill
2024-06-27 00:15:55 UTC
Permalink
Post by Scout
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Yea, but Biden is on track to BREAK that record before the end of his term
in office.
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
In short Biden is comparing his 3 years against Trump's 4 years. Not exactly
an fair assessment.
Federal debt and voodoo economics.
https://zfacts.com/national-debt/

Swill
NP: Beatles - Get Back (naked version)
super70s
2024-06-27 01:24:47 UTC
Permalink
On Wed, 26 Jun 2024 14:56:07 -0400, "Scout"
Post by Scout
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Yea, but Biden is on track to BREAK that record before the end of his term
in office.
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
In short Biden is comparing his 3 years against Trump's 4 years. Not exactly
an fair assessment.
Federal debt and voodoo economics.
https://zfacts.com/national-debt/
Swill
NP: Beatles - Get Back (naked version)
How is Big Daddy planning on cutting taxes (regressively of course,
once again), not touching Social Security and Medicare, and not raising
-- or even cutting -- the deficit/debt, all at the same time?

His voters believe he can do that because they're stupid.
Governor Swill
2024-06-27 04:25:34 UTC
Permalink
Post by super70s
On Wed, 26 Jun 2024 14:56:07 -0400, "Scout"
Post by Scout
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Yea, but Biden is on track to BREAK that record before the end of his term
in office.
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
In short Biden is comparing his 3 years against Trump's 4 years. Not exactly
an fair assessment.
Federal debt and voodoo economics.
https://zfacts.com/national-debt/
Swill
NP: Beatles - Get Back (naked version)
How is Big Daddy planning on cutting taxes (regressively of course,
once again), not touching Social Security and Medicare, and not raising
-- or even cutting -- the deficit/debt, all at the same time?
His voters believe he can do that because they're stupid.
That's a very appropriate word to describe his fans.

Another one is "deplorables".

Swill
Yak
2024-06-27 11:55:21 UTC
Permalink
On Wed, 26 Jun 2024 14:56:07 -0400, "Scout"
Post by Scout
Post by micky
If you would read the NYTime even once a week, you'd know that trump
added more to the national debt than any other president includeing
Biden.
Yea, but Biden is on track to BREAK that record before the end of his term
in office.
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
In short Biden is comparing his 3 years against Trump's 4 years. Not exactly
an fair assessment.
Federal debt and voodoo economics.
https://zfacts.com/national-debt/
Swill
NP:  Beatles - Get Back (naked version)
How is Big Daddy planning on cutting taxes (regressively of course, once
again), not touching Social Security and Medicare, and not raising -- or
even cutting -- the deficit/debt, all at the same time?
Start with cutting every last item here:
https://www.hsgac.senate.gov/wp-content/uploads/Festivus-2023.pdf

Just saved almost $1 trillion.

If you aren't absolutely insulted after going through that report they
*you* are the problem via your vote.
His voters believe he can do that because they're stupid.
Governor Swill
2024-06-27 18:16:42 UTC
Permalink
<snip>
Post by Yak
Post by Governor Swill
Federal debt and voodoo economics.
https://zfacts.com/national-debt/
Swill
NP:  Beatles - Get Back (naked version)
How is Big Daddy planning on cutting taxes (regressively of course, once
again), not touching Social Security and Medicare, and not raising -- or
even cutting -- the deficit/debt, all at the same time?
https://www.hsgac.senate.gov/wp-content/uploads/Festivus-2023.pdf
Just saved almost $1 trillion.
No, you haven't. 800,000,000,000 for a Barbie Doll photograph? A quarter trillion for
improper payments? Eliminate the Small Business Administration? Who compiled this list,
Bozo, the clown?

The list total given is 900B but the first two items plus the next to last total 2,000B.
Who did the arithmetic, Bullwinkle J. Moose?

You want to use this list as a reference for government policy and they can't even get the
*addition* right?

Swill
Yak
2024-06-27 18:44:30 UTC
Permalink
Post by Governor Swill
<snip>
Post by Yak
Post by Governor Swill
Federal debt and voodoo economics.
https://zfacts.com/national-debt/
Swill
NP:  Beatles - Get Back (naked version)
How is Big Daddy planning on cutting taxes (regressively of course, once
again), not touching Social Security and Medicare, and not raising -- or
even cutting -- the deficit/debt, all at the same time?
https://www.hsgac.senate.gov/wp-content/uploads/Festivus-2023.pdf
Just saved almost $1 trillion.
No, you haven't. 800,000,000,000 for a Barbie Doll photograph?
What part of 'portion of' didn't you quite grasp.
Post by Governor Swill
A quarter trillion for
improper payments?
Yep. Note, from the report, "Federal law defines the term as payments
made by the government to the wrong person, in the wrong amount, or for
the wrong reason."

And you want to send this institution *more* money???
Post by Governor Swill
Eliminate the Small Business Administration?
Let's give it more money so it can do a better job....bwahahahaha!!!!
Post by Governor Swill
Who compiled this list,
Bozo, the clown?
The clowns are the one's extracting a portion of your labor in the form
of taxes and handing it over to the govt for things like Barbi doll
photos, money to boost egyptian tourism, transgender monkey studies.

What's astonishing is that you are more mad at Paul for exposing this
stuff than you are paying for it.
Post by Governor Swill
The list total given is 900B but the first two items plus the next to last total 2,000B.
Who did the arithmetic, Bullwinkle J. Moose?
You're a victim of common core math, aren't you?
Post by Governor Swill
You want to use this list as a reference for government policy and they can't even get the
*addition* right?
Nah, you just can't get you're reading comprehension right.
Post by Governor Swill
Swill
Governor Swill
2024-06-28 02:29:59 UTC
Permalink
Post by Yak
Post by Governor Swill
<snip>
Post by Yak
Post by Governor Swill
Federal debt and voodoo economics.
https://zfacts.com/national-debt/
How is Big Daddy planning on cutting taxes (regressively of course, once
again), not touching Social Security and Medicare, and not raising -- or
even cutting -- the deficit/debt, all at the same time?
https://www.hsgac.senate.gov/wp-content/uploads/Festivus-2023.pdf
Just saved almost $1 trillion.
No, you haven't. 800,000,000,000 for a Barbie Doll photograph?
What part of 'portion of' didn't you quite grasp.
The fact that the portion is not specified in the list.

Further, the PPP, which is what 'Barbie Doll' refers to, ended over two years ago. Why is
Paul still counting that $800B, or some undisclosed portion thereof, in a 2024 spending
analysis?
Post by Yak
Post by Governor Swill
A quarter trillion for improper payments?
Yep. Note, from the report, "Federal law defines the term as payments
made by the government to the wrong person, in the wrong amount, or for
the wrong reason."
And from where is this number derived? We can't take Paul's word for it. He thinks the
PPP is an ongoing program that's still wheeling barrows full of cash to unknown business
entities.
Post by Yak
And you want to send this institution *more* money???
What institution?
Post by Yak
Post by Governor Swill
Eliminate the Small Business Administration?
Let's give it more money so it can do a better job....bwahahahaha!!!!
If it needs it, yes. The backbone of the economy is small business and successful small
businesses grow into larger businesses. It's a worthwhile and cost effective investment
in the US economy.
Post by Yak
Post by Governor Swill
Who compiled this list, Bozo, the clown?
After posting I checked it out. This list was compiled by Rand Paul. No wonder it reads
like the National Enquirer!
Post by Yak
The clowns are the one's extracting a portion of your labor in the form
of taxes and handing it over to the govt for things like Barbi doll
photos,
What Barbie Doll photos? You're talking about the Paycheck Protection Program? This was
a Republican invention administered by a Republican government. In fact, there has been
quite a bit of scandal surrounding the Trump administration refusing to grant transparency
to the project at the time. Billions in unaccounted for taxpayer dollars disappeared into
the maw of PPP in 2020. That said, the program ended three years ago so including it in
2024 spending is a lie as is including the total amount in the list. It looks impressive
but it's not factual. You aren't going to convince policy creators with such dramatics
and distortions, though you might include a few voters who lack the skepticism needed to
read political screed. Meanwhile, the policy wonks, those who actually work out policy
solutions, will be chuckling at the idiot who thought this list was a sound basis for
policy.

The "Barbie Doll" item is bogus and can be deleted from the list.
Post by Yak
money to boost egyptian tourism,
... is an outgrowth of the Camp David Accords. We provide aid to both Israel and Egypt
and they play nice with each other. It's a cheap investment to prevent major middle
eastern war and can thus be described as a national security expenditure. One of the
objects is to help Egypt with security issues. Another ensures our access to ancient
archeological sites.
Post by Yak
transgender monkey studies.
Where is that in the list?
Post by Yak
What's astonishing is that you are more mad at Paul for exposing this
stuff than you are paying for it.
No, what I'm angry about is his filling up a serious subject with drama, exaggerations and
outright lies.
Post by Yak
Post by Governor Swill
The list total given is 900B but the first two items plus the next to last total 2,000B.
Who did the arithmetic, Bullwinkle J. Moose?
You're a victim of common core math, aren't you?
So you tell me how that list adds up to $1T when the first two items add up to a trillion
and a half.

Explain to me where that number comes from because I don't see it here. I see a bunch of
thrown together dramatics but NOT an honest and accurate report of current government
spending.
Post by Yak
Post by Governor Swill
You want to use this list as a reference for government policy and they can't even get the
*addition* right?
Nah, you just can't get you're reading comprehension right.
Then add it up for us and show us how you got the number.

Swill
Governor Swill
2024-06-27 18:30:22 UTC
Permalink
Post by Yak
https://www.hsgac.senate.gov/wp-content/uploads/Festivus-2023.pdf
Just saved almost $1 trillion.
If you aren't absolutely insulted after going through that report they
*you* are the problem via your vote.
Why would anybody take Rand Paul seriously. He's an even bigger dip than his father was.

Swill
Yak
2024-06-27 18:47:02 UTC
Permalink
Post by Governor Swill
Post by Yak
https://www.hsgac.senate.gov/wp-content/uploads/Festivus-2023.pdf
Just saved almost $1 trillion.
If you aren't absolutely insulted after going through that report they
*you* are the problem via your vote.
Why would anybody take Rand Paul seriously. He's an even bigger dip than his father was.
Take another look at the list. You have to be worse than a dip, in fact
borderline retarded, to sit back, defend and accept it. Which you do,
all because he has an (R) behind his name.
Post by Governor Swill
Swill
Governor Swill
2024-06-28 02:31:40 UTC
Permalink
Post by Yak
Post by Governor Swill
Post by Yak
https://www.hsgac.senate.gov/wp-content/uploads/Festivus-2023.pdf
Just saved almost $1 trillion.
If you aren't absolutely insulted after going through that report they
*you* are the problem via your vote.
Why would anybody take Rand Paul seriously. He's an even bigger dip than his father was.
Take another look at the list. You have to be worse than a dip, in fact
borderline retarded, to sit back, defend and accept it. Which you do,
all because he has an (R) behind his name.
I don't defend this list at all. I think it's stUpid.

You want my attention, get me an accurate and detailed report that's not full of drama,
jokes and inaccuracies. Those are hardly a foundation for sound policy.

Swill
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