Don't DODGE the Issue of Borrowed Money

[jwoodie]

All the screaming and wailing about cutting Democrats' pet projects ignores the fact that they are all paid for with borrowed money. This means that they have no financial justification to begin with. As a result, the real question to be asked is whether they should receive any funding at all, not whether they should be trimmed here and there.

That is also what Zero Based Budgeting should include: an evaluation of whether the benefits of any government program outweigh the costs of borrowing additional money to pay for it. If not, the President should notify Congress that he is placing a hold on that program until Congress reauthorizes it.

The alternative approach to fiscal solvency is a Balanced Budget Amendment, which would require across-the-board cuts in all programs. Which do you prefer?

Note: I have emboldened certain phrases in an attempt to improve reading comprehension of this post.

 

[0311]

All the screaming and wailing about cutting Democrats' pet projects ignores the fact that they are all paid for with borrowed money. This means that they have no financial justification to begin with. As a result, the real question to be asked is whether they should receive any funding at all, not whether they should be trimmed here and there.

That is also what Zero Based Budgeting should include: an evaluation of whether the benefits of any government program outweigh the costs of borrowing additional money to pay for it. If not, the President should notify Congress that he is placing a hold on that program until Congress reauthorizes it.

The alternative approach to fiscal solvency is a Balanced Budget Amendment, which would require across-the-board cuts in all programs. Which do you prefer?

Note: I have emboldened certain phrases in an attempt to improve reading comprehension of this post.

The following opinion was curtesy of a Romper Room Drop-Out.

 

[jwoodie]

The following opinion was curtesy of a Romper Room Drop-Out.

The above opinion was courtesy of a mental midget.

 

[Moonglow]

All the screaming and wailing about cutting Democrats' pet projects ignores the fact that they are all paid for with borrowed money. This means that they have no financial justification to begin with. As a result, the real question to be asked is whether they should receive any funding at all, not whether they should be trimmed here and there.

That is also what Zero Based Budgeting should include: an evaluation of whether the benefits of any government program outweigh the costs of borrowing additional money to pay for it. If not, the President should notify Congress that he is placing a hold on that program until Congress reauthorizes it.

The alternative approach to fiscal solvency is a Balanced Budget Amendment, which would require across-the-board cuts in all programs. Which do you prefer?

Note: I have emboldened certain phrases in an attempt to improve reading comprehension of this post.

The GOP has run the House since 2022, and the GOP has okayed any funding for projects. Now the GOP has control of Congress and the executive branch yet could not pass a budget bill, much less a balanced one.

 

[kyzr]

The GOP has run the House since 2022, and the GOP has okayed any funding for projects. Now the GOP has control of Congress and the executive branch yet could not pass a budget bill, much less a balanced one.

The CR ends in September so the GOP needs to pass appropriations Bills by then or get thrown out in the mid-terms