XPost: alt.fan.rush-limbaugh, alt.home.repair, sac.politics   
   XPost: talk.politics.guns   
   From: pothead@snakebite.com   
      
   On 2024-06-28, Yak  wrote:   
   > On 6/27/2024 11:47 PM, Gronk wrote:   
   >> Scout wrote:   
   >>>   
   >>>   
   >>> "Yak"  wrote in message   
   >>> news:v4unt8$20goi$1@dont-email.me...   
   >>>> 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?   
   >>>   
   >>> 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.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)