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>> ...signed into law this summer to prevent a national default could result in a $1.5 trillion decrease to the deficit over the next decade. I find this infur
by phkahler 3y ago
>> ...signed into law this summer to prevent a national default could result in a $1.5 trillion decrease to the deficit over the next decade.
I find this infuriating. Why over 10 years? Why not now? Because the deficit is on the order of $1T per year and saying it'll be reduced by 150 billion dollars a year sounds pathetic.
The economy is booming, stop spending money you don't have!
- MuffinFlavored 3y agothis is probably a dumb take, but I’m going to guess if you look at the budget of the federal government, you’re going to run into two problems that conflict with each other other. The first one being, there’s lots of spending that you really can’t lower easily. The second being that you really cannot increase revenues/income without some serious negative effects.
- JumpCrisscross 3y ago> Why over 10 years? Why not now? Tell me what you'd cut. Every politician railing for deficit reduction is also curious silent on what they'd axe.