On Trump

[Trell]

The US has a balanced budget Amendment, but the Legislative and Executive branches haven't bothered to adhere to it.

There isn't any balanced budget Amendment to the US Constitution so of course the Legislative and Executive branches don't to adhere to it.

For all of Trump's bluster and BS, he's trying to reduce the debt and as he said, it's gonna be painful, but it needs to be done.

Trump is very keen on huge tax cuts that will increase the national deficit. And how do you think that is paid for? By borrowing, that is, increasing the debt.

So don't renew the individual tax cuts from 2017 that are about to expire and "unpermanent" the permanent tax cuts for corporations as well. As you wrote: "it's gonna be painful, but it needs to be done."

Here's a link from Treasure explaining a little about deficits and the financing:

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

 

[Mikado463]

Yep, a multi-faceted problem that will require more than 'one' simple correction.........

 

[mtrycrafts]

There isn't any balanced budget Amendment to the US Constitution so of course the Legislative and Executive branches don't to adhere to it.



Trump is very keen on huge tax cuts that will increase the national deficit. And how do you think that is paid for? By borrowing, that is, increasing the debt.

So don't renew the individual tax cuts from 2017 that are about to expire and "unpermanent" the permanent tax cuts for corporations as well. As you wrote: "it's gonna be painful, but it needs to be done."

Here's a link from Treasure explaining a little about deficits and the financing:

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

Notice the deficit for 2020. $3.13T. Wonder who was in charge. Oh, there was a huge tax cut in what, 2017/8?

 

[Mikado463]

Notice the deficit for 2020. $3.13T. Wonder who was in charge. Oh, there was a huge tax cut in what, 2017/8?

Hmmmm, I wonder what else happened in 2020 ? but I get your point, regardless we have been heading down this rabbit hole for sometime and the bonehead that followed Trump added his fair share of deficit as well.........

 

[Teetertotter?]

GO DOGE! Let's clean up our gov't spending in All Departments Let's rid the Dept of Education! What other departments are worthless to us people? I like the way Trump is challenging the needs. Get everyone in a tizzy and get the job done. O, I'm still an Independent voter.

Right now, the Democrats are the thing of the past and see if they change their way "FOR THE PEOPLE." They need some real damage control repair. lol Sometimes, I just have to laugh.

 

[Dude#1279435]

GO DOGE! Let's clean up our gov't spending in All Departments Let's rid the Dept of Education! What other departments are worthless to us people? I like the way Trump is challenging the needs. Get everyone in a tizzy and get the job done. O, I'm still an Independent voter.

Right now, the Democrats are the thing of the past and see if they change their way "FOR THE PEOPLE." They need some real damage control repair. lol Sometimes, I just have to laugh.

Must be a closet voter thing. I'm clearly MAGA, or a conservative Republican. My posts over and over show I am. Yet somehow no I'm an independent.