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throwfgtpwd234 | 1 year ago

Based on what specific evidence?

discuss

order

egberts1|1 year ago

Runaway Federal debt.

throw0101c|1 year ago

> Runaway Federal debt.

The three largest line items in the US federal budget are:

* Social Security

* Medicare

* Pentagon

Of the three only the Pentagon is discretionary:

* https://taxpolicycenter.org/briefing-book/how-does-federal-g...

Which one(s) do you want to cut?

Further, after COVID's bump, US federal outlays/spending have generally been coming down to history averages (20% of GDP):

* https://fred.stlouisfed.org/series/FYONGDA188S

But deficits are growing:

* https://fred.stlouisfed.org/series/FYFSDFYGDP

The difference between the two trends means income is the problem.

Has the GOP tried not cutting taxes and then complaining about not having enough money?

gscott|1 year ago

Common sense