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:XnsB19ED3A7A17DF629555@185.151.15.190...   
   > "Scout"  wrote in   
   > news:v5kcka$2sa7s$2@dont-email.me:   
   >   
   >>   
   >>   
   >> "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.   
   >>   
   >   
   >   
   >     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.....   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)