Rep.Kevin Brady finally admits tax cuts not paying for themselves!

Discussion in 'Political Opinions & Beliefs' started by 61falcon, Jun 11, 2019.

  1. struth

    struth Well-Known Member

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    I don't disagree, I hope the Dems get on board with Entitlement Reform....Medicare/Medicaid are the largest drivers of Debt....
     
  2. MolonLabe2009

    MolonLabe2009 Banned

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    Total revenues collected in 2019 was more than 2018

    Total revenues collected in 2018 was more than 2017.
     
  3. MolonLabe2009

    MolonLabe2009 Banned

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    If both spend like drunken sailors, I don't want anymore of my money going to washington.

    Cut taxes and slash spending even more!!!!
     
  4. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    A drop in the bucket compared to madatory spending.
     
  5. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    The military is the constitutional spending, the mandatory spending (givaways), which is about 60% of the federal budget and growing is the real problem.
     
  6. Polydectes

    Polydectes Well-Known Member

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    I would say Democrats lack economic literacy.

    Tax cuts would not pay for themselves that statement doesn't make sense. Not stealing as much from people doesn't equate to payment.

    The government has no wealth the government creates no wealth it only steals it. If they are spending more than they can steal they need to spend less.

    That seems to be unpalatable to both Democrats and Republicans.
     
    Last edited: Jun 12, 2019
  7. gamewell45

    gamewell45 Well-Known Member Past Donor

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    True, it's only 54.4% of the spending which translates into $598.4 billion dollars as of 2015 (and you know it's only gone up since then). Drop in the bucket?? I cannot agree with you on that.
     
  8. rahl

    rahl Banned

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    Already addressed this.
     
  9. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    That is 54.4% of discretionary spending which does not include mandatory spending.

    Here is the projection of all spending. SS, Medicaid, Medicare, Interest payments make up the bulk of the federal budget. Discretionary including military will only be 10%. Interest can grow based on interest rates and how government redoes interest as short term or long term.

    I think you can see the problem and it ain't the military.

    [​IMG]
     
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    I would like to see some reform on prescription drugs for sure
     
  11. struth

    struth Well-Known Member

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    What about SS? Entitlements are the major drivers of debt. The GOP has regularly proposed legislation to reform the programs and met with giant push back from the other side.
     
  12. 61falcon

    61falcon Well-Known Member

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    Medicare is paid for via direct payroll deduction exactly like S.S. is!!!
     
  13. Mac-7

    Mac-7 Banned

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    No more so than a manditory $15 min wage
     
  14. FreshAir

    FreshAir Well-Known Member Past Donor

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    I would like to see the full retirement age lowered back to 65, let the elderly retire and give the jobs to the young
     
    Lesh likes this.
  15. FreshAir

    FreshAir Well-Known Member Past Donor

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    we need both
     
  16. 61falcon

    61falcon Well-Known Member

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    Unfortunately a lot of the young don't want to work,right now we have the MOST PEOPLE OVER 65 working that we have ever had.
     
  17. Giftedone

    Giftedone Well-Known Member Past Donor

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    The deficit was well over a Trillion when Republicans had congress. You have no clue what you are talking about.
     
  18. Giftedone

    Giftedone Well-Known Member Past Donor

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    Often when I quote the total spend some will say .."why are you including veterans" ? One of thing things about the war in Iraq was that while 5000 were killed - tens of thousands were wounded both physically and mentally - and yes this costs money. If you look VA spending since Bush it has gone through the roof.

    Then we have homeland security/intelligence agencies. The Budget or this is roughly 80 Billion and if you include "dark projects" it is 130 Billion. 130 Billion !? To put this in perspective - this is double the entire federal spend of Mexico - a nation that is 11th in the world in terms of purchasing power. 130 Billion ... a year .. every year. You could give 1.3 million people 100,000 dollars. - you could do a lottery and over 10 years each household would have a one in 7.6 chance of winning !

    The risk of harm to a US citizen from terrorism is 400 times greater than the risk of harm from walking. You have double the chance of being hit by a meteorite. I will take my chances with the 100,000 thank you very much.

    And what are they doing with that money ? In 2013 it became legal for our intelligence services to create an disseminate propaganda on US citizens (not that they were not before but now .. its "State Sanctioned" big brotherism)
     
  19. Giftedone

    Giftedone Well-Known Member Past Donor

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    Please stop talking nonsense. Spending is spending. There is nothing in the Constitution that mandates the amount that is spent on the military. It is a give away to the international financiers that own the Military Industrial complex .. just like every other give away.
     
  20. 61falcon

    61falcon Well-Known Member

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    WHEN Dirty Donald TOOK OVER THE DEFICIT WAS APPROACHING $20 TRILLION,today it is approaching $22.5Trillion.
     
  21. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Sorry, but national defense is specifically constitutional. The fact that democrats fight actual defense of our borders is sad.
     
  22. gamewell45

    gamewell45 Well-Known Member Past Donor

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    Defending the borders against illegal immigrants is not a military action. It has nothing to do with national defense.
     
  23. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Uh, invasion by foreigners is not subject to national defense? Bwahahahahaha! Do you put your hat on upside down?
     
    Last edited: Jun 12, 2019
  24. Robert

    Robert Well-Known Member Past Donor

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    I do not expect the vast Obama deficit to pay for itself.

    Congress manages the budget.
     
  25. Giftedone

    Giftedone Well-Known Member Past Donor

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    So what if national defense is constitutional ... you are blubbering gibberish. What part of- the constitution does not set the amount of money allocated to defense - are you having so much difficulty understanding.

    Yes - we should defend our borders - that however does not take a Trillion dollars per year.

    Your made up nonsense that Trump had to increase defense spending because the constitution demanded it is falsehood on steroids.
     

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