Interest on debt will cost more than military in 10 years

The interest on borrowed money will cost more than the military soon

 

As our deficit hit the $200 billion mark for just the month of August our government is now discussing another round of tax cuts to collect even less money to fund the day to day operations.   And this is also in the context of massively increased spending.   We are now on pace to spend more money on debt than the military within a decade.

 

Sooooo.....   is this what Republicans mean by small government and fiscal responsibility?  Is this what the tea party voted for?    I'm just curious since it was a big issue for them (or so it seemed) throughout the Obama years. 

 

 

DonDiego shares PJStroh's concerns.

 

He proposes the Federal Government should cut spending proportional to the reduction in taxes collected.

 

Now, . . . who supposes PJStroh and DonDiego will agree what to cut ? 

Thats always how it works, isn't it?  Pass the tax cuts today and then we'll figure out what kind of spending cuts to make at some later date.     Thats been the Republican strategy since Reagan.   

 

People who are serious about fiscal responsibility might demand the two be done at the same time else call out the false prophets who follow that course.  

PJStroh writes: "People who are serious about fiscal responsibility might demand the two be done at the same time else call out the false prophets who follow that course."

 

For the record, DonDiego demands that the Federal Budget be cut immediately by eliminating as many programs as possible, . . . and as many tax cuts as possible be passed to account for the subsequent reduction in expenditures.

 

Done !

 


If PJ was really concerned about the National Debt why didn't he say something 8-10 years ago when his Daddy was President? Expecting President Trump to repair the 8 years of damage done to our nation by Obeyme in less than 2 years is as unreasonable as most of PJ's postings are. But then again, PJ has no solutions - just complaints because he is unhappy Hilary did not win - thank God.

I recall them very well, thank you.   I applauded the shrinking deficit caused by legislation and executive action from that administration with you kicking and screaming through the whole thing.  

 

And now a rising deficit has you waiving your pom-poms.     DonDiego too !   

 

 

Originally posted by: Don

PJStroh writes: "People who are serious about fiscal responsibility might demand the two be done at the same time else call out the false prophets who follow that course."

 

For the record, DonDiego demands that the Federal Budget be cut immediately by eliminating as many programs as possible, . . . and as many tax cuts as possible be passed to account for the subsequent reduction in expenditures.

 

Done !

 


Let's start with ICE. It has only been around since 2003 and other agencies are capable of handling the same duties as they did in the past. 

It should be readily obvious to all that PJ is delusional.

PJStroh writes: "And now a rising deficit has you [David Miller] waiving your pom-poms.     DonDiego too !"

 

item i:  DonDiego does not possess pom-poms.

item ii:  DonDiego just proposed (see post of 08:21 today) reducing expenditures and taxes.  What would pjstroh like to cut first?  

The House just passed another round of tax cuts without any reconciling spending cuts today.

 

link

 

I left lots of space below for our resident fiscal hawks, DonDiego and David Miller, to renounce this action.   (I dont expect them to  utilize it such  )

Edited on Sep 28, 2018 10:41am
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