Debt limit
- Thread starter Sledog
- Start date
We are at the point where we are going to run out of other people's money. The debt trajectory is unsustainable. Either default now with debt at $31.5 trillion or borrow, according to the lying dementia patient, another $20 trillion over the next 10 years and then default. Clear solution is to keep open borders, be the world's welfare magnet and get Team America World's Police involved in eternal wars.
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The U.S. national debt has grown by $8.2 trillion since 2020 and is now $31.5 trillion. This is an average debt of $239,763 for every home in the nation.
Those figures don’t account for the government’s fiscal liabilities and unfunded obligations. When these are included—as government requires in the financial statements of publicly traded corporations—the total federal shortfall is $135 trillion. This is an average burden of more than $1 million per household.
In addition, Biden has proposed a budget framework that will allow the national debt to grow over the next decade by $19.8 trillion, according to his own administration’s projections.
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The U.S. national debt has grown by $8.2 trillion since 2020 and is now $31.5 trillion. This is an average debt of $239,763 for every home in the nation.
Those figures don’t account for the government’s fiscal liabilities and unfunded obligations. When these are included—as government requires in the financial statements of publicly traded corporations—the total federal shortfall is $135 trillion. This is an average burden of more than $1 million per household.
In addition, Biden has proposed a budget framework that will allow the national debt to grow over the next decade by $19.8 trillion, according to his own administration’s projections.
The democrats and their media are using the 08 playbook. W was in his last days as president when the democrats voted a few trillion in bailouts
Trump was president when the covid trillions were voted. Then Biden rang up another trillion
So low info voters like H can be lied to that the democrats are fiscally responsible
McCarthy has a debt reduction plan on the table that Biden is already lying about
As long as young voters and bored housewives keep assuring us that nothing matters expect more of the same
Trump was president when the covid trillions were voted. Then Biden rang up another trillion
So low info voters like H can be lied to that the democrats are fiscally responsible
McCarthy has a debt reduction plan on the table that Biden is already lying about
As long as young voters and bored housewives keep assuring us that nothing matters expect more of the same
If you can't pay your bills you should stop fucking spending
Don't even need to pretend
Democrats pay bills with a credit card. Fiscally responsible
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Actually, some of us care more about country than party. None of you do. Like I said, dems' plan is open borders, the US as the world's welfare magnet, wasting money on teacher unions and eternal wars to benefit the MIC.
Paying bills with a credit card is fine if you get the airline points, double cash back and pay off the balance every month.
Buying a house on a credit card, not so smart.
Gaslight much? You vote for the morons who blame W and Trump for their spending and lie about the GOP wanting to kill grandma to cut spending
I want spending cut. And taxes. Cutting taxes increases revenue. Another thing your party lies about all the time
So in conclusion - fuck off
I didn't see that in there. Just saw an accurate description of you
Look the dumbass has another deflection
Yes taxes are low said no one ever
Remember the blue states crying like a bitch when Trump took their state income tax exemption away? I do. Remember who gave it back to them? I do
In your convoluted bullshit you admit that cutting to 37% raised revenue. No one is saying 0%
The overall tax burden is over 50%. Some call that low. Retards do that
Anyway cutting taxes raises revenue. I was right
Raising the capital gains over the rest of the world loses jobs and revenue. Guess what Biden wants to do? That's what you vote for
Remember the blue states crying like a bitch when Trump took their state income tax exemption away? I do. Remember who gave it back to them? I do
In your convoluted bullshit you admit that cutting to 37% raised revenue. No one is saying 0%
The overall tax burden is over 50%. Some call that low. Retards do that
Anyway cutting taxes raises revenue. I was right
Raising the capital gains over the rest of the world loses jobs and revenue. Guess what Biden wants to do? That's what you vote for
We've already established that I'm right
Thanks for playing
Thanks for playing