U.S. national debt topped $30 trillion, years ahead of schedule

Discussion in 'Politics' started by gwb-trading, Feb 1, 2022.

  1. Clinton ,Obama and even Biden left office with a smaller deficit than they came into office with.

    Reagan,Bush and Trump all left office with the deficit higher than when they took office,much higher.
     
    #11     May 31, 2025
  2. BTW,wasn't DOGEsupposed to cut spending yet they have cut less than 100 billion while Trump is about to add 4.5 trillion:rolleyes:
     
    #12     May 31, 2025
  3. gwb-trading

    gwb-trading

    Actually by most calculations, DOGE actually cost $135 Billion -- despite Musk's claims it will save $160 Billion.
     
    #13     May 31, 2025
    insider trading likes this.
  4. ipatent

    ipatent

    They need to raise taxes.
     
    #14     May 31, 2025
  5. gwb-trading

    gwb-trading

    I thought you would be against raising taxes rather than cutting them. Is your actual viewpoint that the federal government should be raising taxes? Possibly by not continuing the TCJA tax rates beyond 2026 and not passing other tax cuts found in the big beautiful bill?
     
    #15     May 31, 2025
  6. ipatent

    ipatent

    I'm for fiscal responsibility and being retired and living off my savings would prefer not to see the debt inflated away, which will happen if the national debt continues to grow.
     
    #16     May 31, 2025
  7. gwb-trading

    gwb-trading

    Well, we agree on the reality that the federal government needs to raise taxes in order to get the federal budget in alignment. Admittedly this is not a popular perspective.
     
    #17     May 31, 2025

  8. And I remember when the ketamine fiend said he would cut 2 trillion.
     
    #18     May 31, 2025


  9. This should be higher on your priorities list than racism.
     
    #19     May 31, 2025
  10. ipatent

    ipatent

    Biden didn't try to raise taxes, either.
     
    #20     May 31, 2025