XPost: alt.fan.rush-limbaugh, alt.home.repair, sac.politics
XPost: talk.politics.guns
From: me4guns@verizon.removeme.this2.nospam.net
"Mitchell Holman" wrote in message
news:XnsB19E83E9B41B1629555@185.151.15.160...
> "Scout" wrote in
> news:v5jpje$2omg6$9@dont-email.me:
>
>>
>>
>> "Mitchell Holman" wrote in message
>> news:XnsB19DD22BB3734629555@185.151.15.190...
>>> "Scout" wrote in
>>> news:v5hp6h$29muh$4@dont-email.me:
>>>
>>>>
>>>>
>>>> "Mitchell Holman" wrote in message
>>>> news:XnsB19654CAE594D629555@185.151.15.160...
>>>>> 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.
>>>>
>>>> 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.
> 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.
>> 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.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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