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

Posted on 7/13/19 at 2:41 pm to
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
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 7/13/19 at 3:35 pm to
quote:

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

quote:

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.
Trump is t really the problem here. (The collective) “We” are the problem. Proposing needed cuts to SS and Medi are a one-way ticket out of office.

Expecting Trump (or any other politician) to take that kind of action against public will is... silly.

Until the masses start clamoring for these cuts... it’s not going to happen.
Posted by CDawson
Louisiana
Member since Dec 2017
16502 posts
Posted on 7/13/19 at 7:51 pm to
quote:

defense


As long as we foot the worlds military spending we cannot cut the spending in that sector. As Trump has said to the chagrin of the libtards and Europeans, they must pay their “fair share” of military cost. Currently, we foot the bill for that whole continent and then some.
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