PILOT SPIN
Spin Zone => Spin Zone => Topic started by: Jim Logajan on April 14, 2024, 11:50:07 AM
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Six-Month Federal Budget Deficit: $1.1 Trillion (https://www.wsj.com/articles/government-deficit-spending-taxes-interest-payments-cbo-fiscal-2020-3616b6bc?st=5w7hy6jtwuf208e&reflink=desktopwebshare_permalink)
Not only that but "The six-month interest payments of $440 billion exceeded the $412 billion in outlays for defense."
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Six-Month Federal Budget Deficit: $1.1 Trillion (https://www.wsj.com/articles/government-deficit-spending-taxes-interest-payments-cbo-fiscal-2020-3616b6bc?st=5w7hy6jtwuf208e&reflink=desktopwebshare_permalink)
Not only that but "The six-month interest payments of $440 billion exceeded the $412 billion in outlays for defense."
Yep. Doesn't help when our government gives away billions in "foreign aid" that they borrow, and we get the bill to pay back with interest.
Not to mention the bloated CR's that are 2000 pages long filled with pork and voted on without reading.
Our country doesn't have a revenue problem, we have an out of control spending problem that no one seems to want to fix. It's unsustainable and the forthcoming crash is going to wipe out many peoples savings and retirements.
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Our country doesn't have a revenue problem, we have an out of control spending problem
Our spending isn't really out of control. It is under the control of the politicians we have collectively elected.
Republicans would have a good chance of winning in November, but they are bound and determined to abort that opportunity. Pun intended.
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Politicians, especially the career type politicians depend upon the low information voter types to keep them in office. These people vote almost on name recognition alone, and have no interest in government or politics. They are easily influenced by the propaganda news outlets.
Congress has done more damage to our country than any other branch of government, hands down.
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Six-Month Federal Budget Deficit: $1.1 Trillion (https://www.wsj.com/articles/government-deficit-spending-taxes-interest-payments-cbo-fiscal-2020-3616b6bc?st=5w7hy6jtwuf208e&reflink=desktopwebshare_permalink)
Not only that but "The six-month interest payments of $440 billion exceeded the $412 billion in outlays for defense."
Just for kicks, I calculated that 1.1 trillion dollar bills laid end to end would reach to the moon and three quarters of the way back: 407 million MILES. Or, 16,280 times around the equator.
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Just for kicks, I calculated that 1.1 trillion dollar bills laid end to end would reach to the moon and three quarters of the way back: 407 million MILES. Or, 16,280 times around the equator.
Or 11 billion dollars for the "big guy".
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CR, after CR, after CR. It will never stop. The control of the purse has been wrested away from the House and is currently in control of the Senate. Everything requires more spending and more Federal employees thus more spending.
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CR, after CR, after CR. It will never stop. The control of the purse has been wrested away from the House and is currently in control of the Senate. Everything requires more spending and more Federal employees thus more spending.
Unconstitutional, but like everything else, they don't care. If it's not apparent now, the government including our elected "representatives" hate us. The largest government in the world, and much of it unconstitutional working against the good of the citizens.
The FISA vote shows how much they hate us. CR's are never going away as it makes it too easy for the congress and senate to rob the treasury in broad daylight.
Just imagine if we cut out discretionary spending and only allotted money that was needed (defense, etc). No more earmarks. Also, real spending cuts. Get rid of unnecessary agencies such as Dept of Education, Dept of Energy, EPA, TSA, etc.
The economy would boom.
We desperately need an Article V convention of states.
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(https://cdn.creators.com/210/369317/369317_image.jpg)