Federal debt explodes by $1 trillion in five weeks since deal suspending limit became law

This is spending from Biden's stimulus and previous budgets the House Rep is for next year.

Which side was fighting for lower spending and future cuts? Which side did you support in this budget deal?

 

You’re right, it’s closer to 3.5 times.


What percentage do you believe we should be at?

 

Dude, the Debt always increases by hundreds of billions the day a new budget is passed - most of the money is already spent, so the "5 weeks" bull
crap is just that.

 

He and his fellow Dems just spent a TRILLION in just 5 weeks what does that tell you? And they want MORE. Which side did you support in this budget deal?

 

So you're saying that the increases while Trump was in office were caused by the Congress not FORCING Trump to pass a Republican budget
which would cut the DEBT? Sell that bull crap somewhere else, dude.

 

Why do Republicans never fight for lower spending when they actually have the power to force it though?

Oh I know, political posturing red meat to the red hats

 

Answer my question and I will answer yours.

 

And we don't know true numbers for Russia and China and we know theirs especially personnel cost are totally incomparable.

Are you denying the massive expansion in which the Chinese are engaged and that we are struggling to keep our navy afloat and planes in the air?

AGAIN, this increase is NOT defense. Which side did you support in this budget deal?

 

Why are you continuing to deflect. Which side wanted the lower spending and which side wanted these huge deficits and which one did you support?

 

A new budget wasn't passed and it only increases by what is passed and a TRILLION in FIVE WEEKS is a LOT More than a hundred billion.

Which side did you support in THIS budget deal?

 

You mean it might have been spaced out more to his satisfaction, if the GOP hadn't held the economy hostage for so long?

Sounds reasonable to me...

And here's MORE economic terrorism on the horizon

https://www.yahoo.com/news/house-gop-conservatives-send-mccarthy-002732617.html

 

Got to point out to you that cutting 5% from education or infrastructure WHILE adding 5% to defense spending is not actually
reducing the budget. Can't seem to get Republicans to understand that.

AND

If you spend 10 million on improving shipping ports, you will get a long term return on that investment ... if you spend $10 million on a tank, that
tank requires lots of maintenance and loses value in a very short time - maybe even a year as the enemy builds a better tank killer. The Russians
spent hundreds of billions on tanks that were taken out with very inexpensive (relatively) tank killer missiles. It's not just what you spend, it's
whether it's a long term investment or a battlefield piece of junk.

 

Well, since student loans charge interest, instead of an expense, that should be income, and if it's not, cut it. 100%. There's the first half trillion. The 'other' category need to go, too, so there's another half trillion. Then, massively reduce or eliminate 'income security programs', whatever the hell that is, and we're well on our way! In addition, we should eliminate the income tax and replace it with a combination of sales taxes and user fees, which should be direct charges for government services that amount to as close as mathematically possible to a true fair share, for example weight/mile fees for road vehicles, increasing fares on public transportation so it pays for itself, ditto for parks, and on and on.

 

Which side did I support? Neither.
I have been calling for a 1/4% across the board budget reduction for ALL departments for 30 years now. But Republicans and Democrats have found
that simple solutions like that always gore someone's Ox - so they don't have the guts to stand up for it. Reagan was the worst.

 

I don’t support anything republicans do and only a tiny minority of what Democrats do.

 

So you want to cut educational grants to members of the military?

The other category consists of transportation ($91 billion), veterans' benefits and services ($68 billion), administration of justice ($53 billion), international affairs ($52 billion), and other areas related to natural resources, the environment, science, space, and technology ($122 billion) as well as food and agriculture — so we just eliminate all of that? All those farm subsidies go poof and food prices skyrocket.

So cut veterans retirement and programs that provide nutrition and housing for children to give billionaires a tax break.

How anyone can vote for your party will always astound me.

 

I support the truth….your FOX article does not explain the main reason why the debt exploded in the last 5 weeks…..

Yellen had to repay approx. $750 billion that she borrowed from several pension funds…..NOT A SURPRISE to the above average intelligent people.

 

Republicans only fight for spending cuts when a democrat is president.

How much of the deficit was reduced when republicans had all chambers and no dem president to block them?

 

Passing Bill Clinton's budgets.

 

Revisionist history is cool.

 

The president submits a budget, but congress decides what the budget is. They can completely ignore the presidents budget, and have(though somethings are probably similar. Going to have funding for Medicare. How much is the sticking point). The president can either sign what they give him, veto it, and either get it passed anyway or we have a shut down.

 

Seems you are correct.

 

You just said neither party will cut entitlements.
Then blame the deficit on “entitlement loving Democrats”.
Which is it?

 

Well, closer to 20% if we included taking care of our veterans. It would be even higher than that if we actually took care of our veterans. We are spending 4%of our budget to treat our vets like crap we stepped in,

I have long been in favor of consumption based taxation. Taxing productivity is soul crushing.

 

If you truly care about reducing the deficit you would support controlling spending AND raising taxes. That is the way to control the deficit.