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re: US government is running out of money faster than expected, Mnuchin warns

Posted on 7/13/19 at 1:59 pm to
Posted by CDawson
Louisiana
Member since Dec 2017
16502 posts
Posted on 7/13/19 at 1:59 pm to
quote:

which is facing a growing deficit thanks in part to President Donald Trump's 2017 tax cuts


no agenda in that report.

The US steals more than enough money from the Taxpayer. We don’t have a revenue problem. We have a spending problem.
Posted by pizzatiger
Member since Apr 2019
274 posts
Posted on 7/13/19 at 2:41 pm to
quote:

The US steals more than enough money from the Taxpayer. We don’t have a revenue problem. We have a spending problem.



Okay, but the following is also true

1. It is mathematically impossible to fix the budget issues without touching SS, medicare/aid, and defense

2. Trump supported increasing defense spending, he campaigned on not touching SS and medicare, and he obviously championed the tax cuts

Trump hasn't really taken any reasonable steps to address the line items in the budget that must be tackled. Proposing cuts to other departments will not come close to balancing things out

We have to make hard adjustments to popular programs. There is no other way. Or increase taxes. Pick your poison.
This post was edited on 7/13/19 at 2:43 pm
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