Off-Topic :
Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
Financing the Debt interest
()
Date: February 08, 2018 02:44PM
On the Current Budget proposal:
"The agreement would increase the government’s borrowing cap to prevent a first-ever default on U.S. obligations that looms in just a few weeks. The debt limit would be suspended through March of 2019, putting the next vote on it safely past this year’s midterm elections."
quoted from 2nd to last paragraph of
https://wtop.com/national/2018/02/senate-leaders-budget-deal-faces-opposition-in-both-parties/
The national Debt is still the Elephant in the Room issue no body wants to address properly.
Debt limit suspended? They'll just deal with it in a year. That's great. What will things look like then? Better or worse?
Where are the cuts in entitlement spending?
And the revocation of foreign aide to rogue and corrupt governments?????
"The agreement would increase the government’s borrowing cap to prevent a first-ever default on U.S. obligations that looms in just a few weeks. The debt limit would be suspended through March of 2019, putting the next vote on it safely past this year’s midterm elections."
quoted from 2nd to last paragraph of
https://wtop.com/national/2018/02/senate-leaders-budget-deal-faces-opposition-in-both-parties/
The national Debt is still the Elephant in the Room issue no body wants to address properly.
Debt limit suspended? They'll just deal with it in a year. That's great. What will things look like then? Better or worse?
Where are the cuts in entitlement spending?
And the revocation of foreign aide to rogue and corrupt governments?????
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
Akoeoe
()
Date: February 08, 2018 03:13PM
Yeah so make government bigger and let in all the scum to live free, housing food, college!!!
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
xdhwb
()
Date: February 08, 2018 06:09PM
USA was downrated FROM AAA by Moody's and some Canadian rating agency
DURING OBAMA
on the other hand during Trump, no such rating change has occured - your just rumoring it
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
Only one solution
()
Date: February 09, 2018 12:44AM
We need to radically cut funds from the military. No one wants it I know, but it really is our biggest financial burden. We don’t need 12 aircraft carriers and we don’t need special ops conducting ops in sub Saharan Africa. Let the Africans clean up their own mess.
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
Internet Military Expert
()
Date: February 09, 2018 01:00AM
Only one solution Wrote:
-------------------------------------------------------
> We need to radically cut funds from the military.
> No one wants it I know, but it really is our
> biggest financial burden. We don’t need 12
> aircraft carriers and we don’t need special ops
> conducting ops in sub Saharan Africa. Let the
> Africans clean up their own mess.
Yeah fuck the military, let’s let North Korea and all our enemies get more advanced weapons while we sit on our hands. That will work out great as long as we spend it on supporting illegals and people who don’t want to work. Awesome idea bruh, you must be like smart and stuff.
-------------------------------------------------------
> We need to radically cut funds from the military.
> No one wants it I know, but it really is our
> biggest financial burden. We don’t need 12
> aircraft carriers and we don’t need special ops
> conducting ops in sub Saharan Africa. Let the
> Africans clean up their own mess.
Yeah fuck the military, let’s let North Korea and all our enemies get more advanced weapons while we sit on our hands. That will work out great as long as we spend it on supporting illegals and people who don’t want to work. Awesome idea bruh, you must be like smart and stuff.
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
Budget military
()
Date: February 09, 2018 07:10AM
Internet Military Expert Wrote:
-------------------------------------------------------
> Only one solution Wrote:
> --------------------------------------------------
> -----
> > We need to radically cut funds from the
> military.
> > No one wants it I know, but it really is our
> > biggest financial burden. We don’t need 12
> > aircraft carriers and we don’t need special
> ops
> > conducting ops in sub Saharan Africa. Let the
> > Africans clean up their own mess.
>
> Yeah fuck the military, let’s let North Korea
> and all our enemies get more advanced weapons
> while we sit on our hands. That will work out
> great as long as we spend it on supporting
> illegals and people who don’t want to work.
> Awesome idea bruh, you must be like smart and
> stuff.
We spend more than the next 12 nations in defense spending COMBINED. They will have a lot of catching up to do to get where we are. Plus we have these things called allies. Time to step it up. We should also give state department more money to practice diplomacy. James Mathis said in 2013, “ if congress doesn’t increase the State Departments budget, I’m going to need to buy more ammo,”.
We are running the risk of becoming the Soviet Union with all of our unchecked military spending.
-------------------------------------------------------
> Only one solution Wrote:
> --------------------------------------------------
> -----
> > We need to radically cut funds from the
> military.
> > No one wants it I know, but it really is our
> > biggest financial burden. We don’t need 12
> > aircraft carriers and we don’t need special
> ops
> > conducting ops in sub Saharan Africa. Let the
> > Africans clean up their own mess.
>
> Yeah fuck the military, let’s let North Korea
> and all our enemies get more advanced weapons
> while we sit on our hands. That will work out
> great as long as we spend it on supporting
> illegals and people who don’t want to work.
> Awesome idea bruh, you must be like smart and
> stuff.
We spend more than the next 12 nations in defense spending COMBINED. They will have a lot of catching up to do to get where we are. Plus we have these things called allies. Time to step it up. We should also give state department more money to practice diplomacy. James Mathis said in 2013, “ if congress doesn’t increase the State Departments budget, I’m going to need to buy more ammo,”.
We are running the risk of becoming the Soviet Union with all of our unchecked military spending.
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
Who's oxen is being gored
()
Date: February 09, 2018 07:45AM
Budget military Wrote:
-------------------------------------------------------
> We spend more than the next 12 nations in defense
> spending COMBINED. They will have a lot of
> catching up to do to get where we are. Plus we
> have these things called allies. Time to step it
> up. We should also give state department more
> money to practice diplomacy. James Mathis said in
> 2013, “ if congress doesn’t increase the State
> Departments budget, I’m going to need to buy
> more ammo,”.
>
> We are running the risk of becoming the Soviet
> Union with all of our unchecked military spending.
Almost half of federal spending is on 3 programs: Social Security, Medicare, and Medicaid. If you add in unemployment benefits, federal retirement benefits, and things like EITC and SNAP, this spending accounts for about 70% of all federal spending. This is non-discretionary spending. Unless the laws are changed, this spending just continues to rise and must be paid.
The US spends more on healthcare than it does on the military. The average cost to the federal government for each person enrolled in Obamacare is about $17,000 per year. Hawaii has the highest average cost at $36,000 per person per year. We are taking taxpayer's money and subsidizing the insurance companies. Not even the healthcare providers. The insurance companies!!!
Is there spending waste at the Pentagon? Absolutely! But there is spending waste everywhere.
-------------------------------------------------------
> We spend more than the next 12 nations in defense
> spending COMBINED. They will have a lot of
> catching up to do to get where we are. Plus we
> have these things called allies. Time to step it
> up. We should also give state department more
> money to practice diplomacy. James Mathis said in
> 2013, “ if congress doesn’t increase the State
> Departments budget, I’m going to need to buy
> more ammo,”.
>
> We are running the risk of becoming the Soviet
> Union with all of our unchecked military spending.
Almost half of federal spending is on 3 programs: Social Security, Medicare, and Medicaid. If you add in unemployment benefits, federal retirement benefits, and things like EITC and SNAP, this spending accounts for about 70% of all federal spending. This is non-discretionary spending. Unless the laws are changed, this spending just continues to rise and must be paid.
The US spends more on healthcare than it does on the military. The average cost to the federal government for each person enrolled in Obamacare is about $17,000 per year. Hawaii has the highest average cost at $36,000 per person per year. We are taking taxpayer's money and subsidizing the insurance companies. Not even the healthcare providers. The insurance companies!!!
Is there spending waste at the Pentagon? Absolutely! But there is spending waste everywhere.
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
trumpitality
()
Date: February 09, 2018 08:16AM
Only one solution Wrote:
-------------------------------------------------------
> We need to radically cut funds from the military.
> No one wants it I know, but it really is our
> biggest financial burden.
I guess telling stupid lies that anyone can disprove is 'resistance'.
Good luck with that.
-------------------------------------------------------
> We need to radically cut funds from the military.
> No one wants it I know, but it really is our
> biggest financial burden.
I guess telling stupid lies that anyone can disprove is 'resistance'.
Good luck with that.
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
sureok
()
Date: February 09, 2018 08:44AM
Trump will sign anything he has no idea what is in the bill as it is 700 pages. Really none of the Senators or Congress knows either as it was submitted a day ago. They all voted blind. Just like the 1 Trillion tax bill that changes revenue for a generation. No one cares.
Trump is now set to spend more than Obama did and there is no recession now - they are just throwing money away for no reason.
Trump is now set to spend more than Obama did and there is no recession now - they are just throwing money away for no reason.
Re: Borrowing more to prevent a first ever default on US Obligations ... we can't even afford the interest on the National Debt
Posted by:
he knows what he’s doing
()
Date: February 09, 2018 09:04AM
sureok Wrote:
-------------------------------------------------------
> Trump will sign anything he has no idea what is in
> the bill as it is 700 pages. Really none of the
> Senators or Congress knows either as it was
> submitted a day ago. They all voted blind. Just
> like the 1 Trillion tax bill that changes revenue
> for a generation. No one cares.
>
> Trump is now set to spend more than Obama did and
> there is no recession now - they are just throwing
> money away for no reason.
Trump hires the best people and super genius when it comes to running a business (see Trump Taj Mahal, Trump Airlines, Trump’s search engine, Trump Steaks, Trump Mortgage Company, Trump University, Trump Magazine)
-------------------------------------------------------
> Trump will sign anything he has no idea what is in
> the bill as it is 700 pages. Really none of the
> Senators or Congress knows either as it was
> submitted a day ago. They all voted blind. Just
> like the 1 Trillion tax bill that changes revenue
> for a generation. No one cares.
>
> Trump is now set to spend more than Obama did and
> there is no recession now - they are just throwing
> money away for no reason.
Trump hires the best people and super genius when it comes to running a business (see Trump Taj Mahal, Trump Airlines, Trump’s search engine, Trump Steaks, Trump Mortgage Company, Trump University, Trump Magazine)