America’s debt crisis is back in the spotlight thanks to the convicted felon in the Oval
CNN - “Moody’s downgrade reflects concerns stemming from years of bad fiscal decisions in Washington,” Michael Peterson, CEO of the Peter Peterson Foundation, which advocates for America’s fiscal stability, told CNN.
The US already is on track to add $22 trillion more to the $36 trillion debt level over the next decade, he said. Trump’s bill “would only accelerate the pace of borrowing by adding trillions to this already unsustainable path.”
The convicted felon's "big, bloated bill" would add approximately $3.8 TRILLION to our massive debt.....a debt he promised to bring down to ZERO if voters would elect him the first time...
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Quote Originally Posted by fubah2:
HEADLINES today . . .
America’s debt crisis is back in the spotlight thanks to the convicted felon in the Oval
CNN - “Moody’s downgrade reflects concerns stemming from years of bad fiscal decisions in Washington,” Michael Peterson, CEO of the Peter Peterson Foundation, which advocates for America’s fiscal stability, told CNN.
The US already is on track to add $22 trillion more to the $36 trillion debt level over the next decade, he said. Trump’s bill “would only accelerate the pace of borrowing by adding trillions to this already unsustainable path.”
The convicted felon's "big, bloated bill" would add approximately $3.8 TRILLION to our massive debt.....a debt he promised to bring down to ZERO if voters would elect him the first time...
Hehe did he for real tell you that? What a joke man - you can hardly pay the interest on the debt let alone the debt itself - and how things are run right now I don't think people will stand in line to borrow you 22 Trillion more - at least not anywhere near the good interest rates you have been given before
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Hehe did he for real tell you that? What a joke man - you can hardly pay the interest on the debt let alone the debt itself - and how things are run right now I don't think people will stand in line to borrow you 22 Trillion more - at least not anywhere near the good interest rates you have been given before
The convicted felon's "big, bloated bill" would add approximately $3.8 TRILLION to our massive debt.....a debt he promised to bring down to ZERO if voters would elect him the first time...
Stupid press secretary claims Trump budget bill doesn't add to deficits. But Moody which downgraded US credit rating, estimates that extending Trump tax cuts alone would add $4 trillion to deficits over the next decade. Center for American progress says US budget deficits are primarily driven by tax cuts.
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Quote Originally Posted by fubah2:
The convicted felon's "big, bloated bill" would add approximately $3.8 TRILLION to our massive debt.....a debt he promised to bring down to ZERO if voters would elect him the first time...
Stupid press secretary claims Trump budget bill doesn't add to deficits. But Moody which downgraded US credit rating, estimates that extending Trump tax cuts alone would add $4 trillion to deficits over the next decade. Center for American progress says US budget deficits are primarily driven by tax cuts.
You have to temporarily raise the debt ceiling in order to cut taxes...it's a budgetary line-item issue. If you don't cut taxes, they go up to 60% at some levels. You're talking about zero GDP growth, decreased revenues, and negligible job growth. It's a must that this bill be passed. You can't grow the economy with drastic spending cuts, it's as simple as that.It is imperative that we acknowledge and express our gratitude to President Trump for his unwavering dedication to the interests of the American people. In the annals of our nation’s history, there has been no other president who has championed such a comprehensive agenda for the well-being of our citizens. While the Democratic Party may express its dissent, we should not let their sentiments overshadow the positive impact that President Trump has had on our country.The Party of Joe Biden whichgave us outrageous inflation and chaos is crying about it. It must be good.
let that sink in , Afuera #Doge
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You have to temporarily raise the debt ceiling in order to cut taxes...it's a budgetary line-item issue. If you don't cut taxes, they go up to 60% at some levels. You're talking about zero GDP growth, decreased revenues, and negligible job growth. It's a must that this bill be passed. You can't grow the economy with drastic spending cuts, it's as simple as that.It is imperative that we acknowledge and express our gratitude to President Trump for his unwavering dedication to the interests of the American people. In the annals of our nation’s history, there has been no other president who has championed such a comprehensive agenda for the well-being of our citizens. While the Democratic Party may express its dissent, we should not let their sentiments overshadow the positive impact that President Trump has had on our country.The Party of Joe Biden whichgave us outrageous inflation and chaos is crying about it. It must be good.
You have to temporarily raise the debt ceiling in order to cut taxes...it's a budgetary line-item issue. If you don't cut taxes, they go up to 60% at some levels. You're talking about zero GDP growth, decreased revenues, and negligible job growth. It's a must that this bill be passed. You can't grow the economy with drastic spending cuts, it's as simple as that.It is imperative that we acknowledge and express our gratitude to President Trump for his unwavering dedication to the interests of the American people. In the annals of our nation’s history, there has been no other president who has championed such a comprehensive agenda for the well-being of our citizens. While the Democratic Party may express its dissent, we should not let their sentiments overshadow the positive impact that President Trump has had on our country.The Party of Joe Biden which gave us outrageous inflation and chaos is crying about it. It must be good.
Tell me you know nothing about economy - without telling me you know nothing about economy - OMG
Biden took over like a year into the Covid pandemic correct? - how would you handle an economy in the beginning of global pandemic without the interest rates spiral out of control - that shit was global mate - and I am pretty sure Biden wasn't my president at the time - and I am not biased by so much - because I have no clue how well Biden did - but believe me when I say this to you - Trump has yet to do his first good thing for your economy
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Quote Originally Posted by Barbarossa:
You have to temporarily raise the debt ceiling in order to cut taxes...it's a budgetary line-item issue. If you don't cut taxes, they go up to 60% at some levels. You're talking about zero GDP growth, decreased revenues, and negligible job growth. It's a must that this bill be passed. You can't grow the economy with drastic spending cuts, it's as simple as that.It is imperative that we acknowledge and express our gratitude to President Trump for his unwavering dedication to the interests of the American people. In the annals of our nation’s history, there has been no other president who has championed such a comprehensive agenda for the well-being of our citizens. While the Democratic Party may express its dissent, we should not let their sentiments overshadow the positive impact that President Trump has had on our country.The Party of Joe Biden which gave us outrageous inflation and chaos is crying about it. It must be good.
Tell me you know nothing about economy - without telling me you know nothing about economy - OMG
Biden took over like a year into the Covid pandemic correct? - how would you handle an economy in the beginning of global pandemic without the interest rates spiral out of control - that shit was global mate - and I am pretty sure Biden wasn't my president at the time - and I am not biased by so much - because I have no clue how well Biden did - but believe me when I say this to you - Trump has yet to do his first good thing for your economy
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