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re: America borrowed $43.5 billion a week in the first four months of the fiscal year
Posted on 2/10/26 at 7:33 pm to ragincajun03
Posted on 2/10/26 at 7:33 pm to ragincajun03
There's no fixing this. Half the country wants a cradle-to-grave welfare state with open borders. The other half want our military to be involved in every corner of the globe. Either way, we're fricked financially. I knew we were done when supposed conservatives chose John McCain and Mitt Romney over Ron Paul in 2008 and 2012.
1
Posted on 2/10/26 at 7:38 pm to imjustafatkid
quote:
It's a real problem, and unfortunately Trump is the only person in Washington who wants to fix it.
As he sues the country for 10 billion bucks to pad his pockets and gives himself and his buddies a huge tax break.
This post was edited on 2/10/26 at 7:40 pm
Posted on 2/10/26 at 7:45 pm to SCLibertarian
quote:
supposed conservatives
Fiscal conservatives don’t exist anymore. We only get social conservatives that spend like democrats.
Posted on 2/10/26 at 8:01 pm to OweO
quote:
The United States is the best at borrowing money. We do it better than any other country ever did it"
Good luck collecting.
Posted on 2/10/26 at 8:22 pm to Clark14
quote:
As he sues the country for 10 billion bucks to pad his pockets and gives himself and his buddies a huge tax break.
Imagine being this unknowledgeable about the world.
Posted on 2/10/26 at 9:56 pm to beerJeep
quote:
Medicare Medicaid and social security gotta go.
Half the people with Medicare are under the age of 18 and 90 percent of the people with Medicaid are over 65. It's complicated..
Posted on 2/10/26 at 10:32 pm to imjustafatkid
quote:
Imagine being this unknowledgeable about the world.
No joke, I don’t know how you made it this long being so clueless. Maybe when you grow up things will get better for you…maybe…
Posted on 2/10/26 at 10:33 pm to Clark14
quote:
gives himself and his buddies a huge tax break.
This is the real issue.
Where does all the money that the government spend on social security, Medicare, defense, interest on the debt and so forth go???
The people that receive that initial benefit are merely a pass through. Eventually, the money all winds up in the hands of corporations and wealthy individuals. They are making record profits while at the same time their tax rates (on those record profits) are being lowered.
They scream “Make America Great Again” - well, if the 1950s were considered to be the high point in American history ask yourself what were the corporate and top tax rates for individuals then?
Posted on 2/11/26 at 12:06 am to lsusa
Who are we borrowing the money from?
Posted on 2/11/26 at 1:23 am to ragincajun03
quote:
borrowed $696 billion. That included $94 billion in January alone, and works out to an average of $43.5 billion for each of the 16 weeks of the four months since.
Fake news. Everyone knows there are 17 weeks in a 4 month period, so it's only $40.94 billion per week. /s
I'm not sure why the author calls out January when it's below the 4 month average of $174B. Doing the math, October - December would have averaged over $200B per month.
January probably had above average collections with Quarterly tax estimates due.
Posted on 2/11/26 at 1:56 am to ragincajun03
We borrow money & then give Israel 8 billon. So the bank ran by (insert) then turn around & give it to Israel odd why can’t Israel go to the bank and borrow their own money
Posted on 2/11/26 at 2:12 am to sosaysmorvant
quote:
MAGA
This is what happens when the left wing pieces of shite got the activist federal judges to tie DOGE’s hands a million different ways and stop the audits.
The CBO notes that the $696 billion deficit is actually $143 billion less than the same period in FY 2025 due to higher revenues, partly from factors like tariffs. So Trump/DOGE did show improvement from 2025
The Democrats and Republicans were never gonna let DOGE shut off the money faucets.
Posted on 2/11/26 at 2:49 am to HogBalls
quote:
The Democrats and Republicans were never gonna let DOGE shut off the money faucets.
Musk is making bank off of the government, inquiries against him were canceled, he has all of our information now, all of us.
Think about it.
Posted on 2/11/26 at 5:01 am to ragincajun03
But he's a conservative
Posted on 2/11/26 at 5:04 am to Play_Neck
The budget needs to be balance to the 1.22 billion that we took in revenue. Cut all those programs until you reach it
Posted on 2/11/26 at 5:11 am to Taxing Authority
quote:
$402 B Social Security
$270 B Net Interest
$267 B National Defense
$261 B Health
$254 B Medicare
Cut all these line items by 10% you've balance the budget. Except interest we can't cut that initially
Posted on 2/11/26 at 6:28 am to Clark14
quote:
No joke, I don’t know how you made it this long being so clueless. Maybe when you grow up things will get better for you…maybe…
Bless your heart. I get it, reality is hard. Supporting big government overreach comes with big losses in the land of the free. One day maybe you'll realize that supporting the targeting of political opponents is what children do, and adults prefer consequences of those actions.
Posted on 2/11/26 at 6:48 am to CenlaLowell
quote:
But he's a conservative
Trump is not a conservative and never claimed to be. There are no fiscal conservatives any more in DC. They are all grifters.
I voted for Bill Clinton in 1996 then Al Gore in 2000. Trump's 2016 platform was about one inch to the right of Clinton's in 1996. That's how far left the Democrat party has gone.
Either way, Trump has spent a ton, especially during Covid. What is funny is watching the people bash Trump for doing exactly what the pols they support have done my entire life.
Posted on 2/11/26 at 6:53 am to Play_Neck
The following needs to be killed:
$402 B Social Security
$261 B Health
$254 B Medicare
$166 B Income Security (Whatever the hell this means)
$39 B Education, Training, Employment, and Social Services
$33 B Transportation
$402 B Social Security
$261 B Health
$254 B Medicare
$166 B Income Security (Whatever the hell this means)
$39 B Education, Training, Employment, and Social Services
$33 B Transportation
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