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Eventually, world won't loan us more money, defaulting.

Posted on: August 12, 2019 at 19:41:32 CT
RHAYWORTH MU
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We would then be forced to run a balanced budget, making cuts mandatory. Because it's really not possible to raise taxes high enough to close a trillion dollar gap.

The income tax itself only takes in 1.1 trillion.

Doubling everyone's taxes isn't going to go over well.
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$866.9B budget deficit since Oct 2018 - Ace AU - 8/12 15:17:03
     How much do your multiple handles cost - MIZ45 MU - 8/12 17:10:14
     Link? Nm - hokie VT - 8/12 16:40:12
     Don't worry, Bernie says we have money for whatever we - MUTGR MU - 8/12 15:31:17
          RE: Don't worry, Bernie says we have money for whatever we - Ace AU - 8/12 15:35:26
               Because they're all idiots - why do you have a partisan - 90Tiger STL - 8/12 18:03:24
               They don't control the House? Just a guess. And - GA Tiger MU - 8/12 16:18:27
               They ALL have a spending problem - DevilsAdvocate KC - 8/12 15:59:09
                    Only difference is how soon till the default. - RHAYWORTH MU - 8/12 16:04:09
                         What kind of default?(nm) - DC Jayhawk KU - 8/12 18:16:09
                              Eventually, world won't loan us more money, defaulting. - RHAYWORTH MU - 8/12 19:41:32
                         Agreed(nm) - DevilsAdvocate KC - 8/12 16:33:58
               Crazy Bernie said it isnt a problem so quit worrying(nm) - DollarSigns MU - 8/12 15:41:49
                    Crazy Bernie has 2 homes - Mormad MU - 8/12 15:42:48
               Because they need to buy their way in too - Mormad MU - 8/12 15:41:24
     Still a spending problem - Spanky KU - 8/12 15:20:12
          Nation took on spending responsibilities in the past - raskolnikov MU - 8/12 15:29:03
               They can cut spending - Spanky KU - 8/12 15:43:31
                    Cut Defense. Cut it one solid third - raskolnikov MU - 8/12 15:48:14
                         All gov't programs can be cut - Sal KC - 8/12 16:19:14
                              Only if they serve the people should they be cut. If they go - raskolnikov MU - 8/12 16:21:24
                                   It should be given to nobody - Sal KC - 8/12 16:23:17
                                        Oh really sal,. would it still be spening money - raskolnikov MU - 8/12 16:30:42
                                             I literally have no idea what you're talking about (nm) - Sal KC - 8/12 16:32:15
                         That's only 238 billion. Only 628 billion left to cut. - RHAYWORTH MU - 8/12 16:00:36
                              Stop right there. Before we go any further - raskolnikov MU - 8/12 16:18:50
                         that would solve the lack of qualified employees - tigerinhogtown STL - 8/12 15:52:11
               Aren't you for debt forgiveness? (nm) - Sal KC - 8/12 15:31:46
          Did you say problem? - Ace AU - 8/12 15:22:09
               The national debt is a problem caused by spending - Spanky KU - 8/12 15:22:52
                    a spending problem? - Ace AU - 8/12 15:26:03
                         read your OP - Spanky KU - 8/12 15:36:36
                              RE: read your OP - Ace AU - 8/12 15:40:52
                                   Learn Civics - Spanky KU - 8/12 15:48:33
                                        Civics! - vmissouri MU - 8/12 17:16:05
                                        RE: Learn Civics - Ace AU - 8/12 16:37:51
                                             The FY2019 budget was passed by a Dem House - Spanky KU - 8/12 17:34:25
               spending problem (nm) - Sal KC - 8/12 15:22:28
                    exactly, yet every dem in the race wants to spend even more. - RHAYWORTH MU - 8/12 15:26:21
                         Correction - meatiger MU - 8/12 15:30:01




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