XPost: alt.fan.rush-limbaugh, alt.home.repair, sac.politics   
   XPost: talk.politics.guns   
   From: pothead@snakebite.com   
      
   On 2024-06-21, Yak  wrote:   
   > On 6/21/2024 1:48 PM, Mitchell Holman wrote:   
   >> Yak  wrote in news:v54015$35gbg$1@dont-email.me:   
   >>   
   >>> On 6/20/2024 2:07 PM, Dave Wainwright wrote:   
   >>>> On 6/19/2024 6:53 AM, Yak wrote:   
   >>>>> On 6/19/2024 9:23 AM, Mitchell Holman wrote:   
   >>>>>> Thank Joe Biden Democrats  wrote in   
   >>>>>> news:5af043f071b0068d25570d415a641a89@dizum.com:   
   >>>>>>   
   >>>>>>> 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.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)