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re: US government is running out of money faster than expected, Mnuchin warns
Posted on 7/14/19 at 12:59 am to deltaland
Posted on 7/14/19 at 12:59 am to deltaland
quote:The entire "receipts" thing is a smoke screen.
Receipts went up after this. We have a spending problem
EVEN IF recepts went all the way up to taking every $ in income above $1,000,000 in yearly income... it wouldn't balance the current budget. We have a spending problem. Not a taxing problem.
We're spending more money than can be taken. Next stop... spending more money than can be borrowed.
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