40%.
Feb 19, 2024 18:25:35 #
JFlorio
Loc: Seminole Florida
The U.S. spent 40% of personal taxes on debt interest. This isn’t money for roads or infrastructure. This is just servicing the debt. This comes out to more than we spend on defense.
Thoughts?
Thoughts?
Feb 19, 2024 18:28:02 #
JFlorio wrote:
The U.S. spent 40% of personal taxes on debt interest. This isn’t money for roads or infrastructure. This is just servicing the debt. This comes out to more than we spend on defense.
Thoughts?
Thoughts?
If we do not get the national debt under control, we are doomed.
Congress/government MUST stop this reckless spending and start cutting programs/entities.
Feb 19, 2024 18:38:37 #
JFlorio
Loc: Seminole Florida
American Vet wrote:
If we do not get the national debt under control, we are doomed.
Congress/government MUST stop this reckless spending and start cutting programs/entities.
Congress/government MUST stop this reckless spending and start cutting programs/entities.
Unfortunately they don’t have the fortitude to do what’s right.
Feb 19, 2024 18:48:00 #
JFlorio wrote:
Unfortunately they don’t have the fortitude to do what’s right.
And you are correct.
Feb 19, 2024 19:00:50 #
Feb 19, 2024 19:02:44 #
LogicallyRight
Loc: Chicago
JFlorio wrote:
The U.S. spent 40% of personal taxes on debt interest. This isn’t money for roads or infrastructure. This is just servicing the debt. This comes out to more than we spend on defense.
Thoughts?
Thoughts?
Paying that much just for interest is stupid and our government puts the stupid into stupid and keeps piling it on.
No aide for Ukraine or Israel and lock the gates at the border and throw away the keys. Quit being STUPID.
Feb 19, 2024 19:17:34 #
JFlorio
Loc: Seminole Florida
LogicallyRight wrote:
Paying that much just for interest is stupid and our government puts the stupid into stupid and keeps piling it on.
No aide for Ukraine or Israel and lock the gates at the border and throw away the keys. Quit being STUPID.
No aide for Ukraine or Israel and lock the gates at the border and throw away the keys. Quit being STUPID.
Easy to spend other peoples money. Especially when the lenders don’t hold them accountable.
Feb 19, 2024 21:53:54 #
American Vet wrote:
If we do not get the national debt under control, we are doomed.
Congress/government MUST stop this reckless spending and start cutting programs/entities.
Congress/government MUST stop this reckless spending and start cutting programs/entities.
The problem is rrpublicsn tax breaks for morbidly rich people.
Democrats gave nothing to spend.
Feb 19, 2024 22:15:05 #
JFlorio
Loc: Seminole Florida
Milosia2 wrote:
The problem is rrpublicsn tax breaks for morbidly rich people.
Democrats gave nothing to spend.
Democrats gave nothing to spend.
Wrong again. Can’t tax your way to prosperity. We have a spending problem. Too many leaches like you.
Feb 19, 2024 22:20:08 #
JFlorio wrote:
Unfortunately they don’t have the fortitude to do what’s right.
Dock their pay until they do get it right.
Feb 19, 2024 22:27:08 #
JFlorio
Loc: Seminole Florida
Rose42 wrote:
Dock their pay until they do get it right.
Oh, I wish we could. The only accountability there is, is voting them in or out. The American people do a horrible job of that.
Feb 19, 2024 23:22:03 #
Milosia2 wrote:
The problem is rrpublicsn tax breaks for morbidly rich people.
Democrats gave nothing to spend.
Democrats gave nothing to spend.
According to the IRS, the 1% pay the highest percentage of taxes overall.
Even the rocks in my yard are smarter than you are.
Feb 20, 2024 12:54:12 #
JFlorio wrote:
The U.S. spent 40% of personal taxes on debt interest. This isn’t money for roads or infrastructure. This is just servicing the debt. This comes out to more than we spend on defense.
Thoughts?
Thoughts?
And they pass it on to us! Interest rates
Feb 20, 2024 12:55:12 #
American Vet wrote:
If we do not get the national debt under control, we are doomed.
Congress/government MUST stop this reckless spending and start cutting programs/entities.
Congress/government MUST stop this reckless spending and start cutting programs/entities.
Close borders make welfare pay back private system
Feb 21, 2024 15:30:00 #
JFlorio wrote:
The U.S. spent 40% of personal taxes on debt interest. This isn’t money for roads or infrastructure. This is just servicing the debt. This comes out to more than we spend on defense.
Thoughts?
Thoughts?
This particular fact has been written on the wall for a long time, the larger the debt, the more interest has to be paid. Interest on the debt is ready to become the 2nd largest item in the federal budget. Now our elected officials can work with ever greater enthusiasm to make sure it becomes NUMO UNO!!!!!
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