Elon Musk says there's substantial ignorance about America's national debt

[BluesLegend]

If Elon and Vivek can cut $2T off the 2024 $7T budget that is probably a small surplus. If not it would be a small deficit.
The next step would be to transfer Welfare to the States and save about $1.3T. Tapering down block grants.
The step after that would be to transfer Medicaid to the states. Similarly tapering down block grants.

Welfare & Medicaid are charity that the Federal Budget cannot afford.

Bro a $2 trillion cut wouldn't even get us back to the pre-Covid budget.

 

[kyzr]

Bro a $2 trillion cut wouldn't even get us back to the pre-Covid budget.

True, due to the exploding interest on the Debt.
Which is why I'm proposing Moving Welfare & Medicaid back to the states, I don't recall seeing them in the Constitution
Please see the new taxes in my post #25
Combined they start significantly paying down the debt

 

[initforme]

Quick reminder: billionaires care less than nothing about you...

Duh

 

[BluesLegend]

True, due to the exploding interest on the Debt.
Which is why I'm proposing Moving Welfare & Medicaid back to the states, I don't recall seeing them in the Constitution
Please see the new taxes in my post #25
Combined they start significantly paying down the debt

If they gave me back all the SS and Medicare money they took from me and my employer I'd take the money and RUN for the exit.

 

[initforme]

If they gave me back all the SS and Medicare money they took from me and my employer I'd take the money and RUN for the exit.

To heck with the employer let them pay
No mercy

 

[Hector12]

 

[Bleipriester]

Trump threatens the BRICS

 

[kyzr]

GOP dogma: tax cuts raise revenue...

Tax cuts may raise tax revenue slightly but they NEVER balance the Budget, they ALWAYS result in more DEBT.

 

[struth]

How much of the national debt did Trump add his last term after he promised as a candidate to eliminate the debt?

Trump: I will eliminate U.S. debt in 8 years​

View attachment 1047577
The Hill
https://thehill.com › ballot-box › presidential-races › 27...




Apr 2, 2016 — Donald Trump insists he would be able to wipe out the United States's debt in eight years. {mosads}The Republican presidential front-runner ...

He was only president for four years

 

[Moonglow]

He was only president for four years

Indeed and added substantial debt

 

[struth]

Indeed and added substantial debt

Your link said he’d do it in 8 years

Not four

With that said, I don’t see it happening over the next four years either. Until the largest drivers of debt, entitlement spending, are drastically reformed the debt will continue to pile on

 

[Moonglow]

Your link said he’d do it in 8 years

Not four

With that said, I don’t see it happening over the next four years either. Until the largest drivers of debt, entitlement spending, are drastically reformed the debt will continue to pile on

Could reform the tax laws to where everyone pays ten percent period and get rid of the tax code to save 98 billion a year in tax write offs alone. No more wealthy dodging taxes same with corporations.

 

[struth]

Could reform the tax laws to where everyone pays ten percent period and get rid of the tax code to save 98 billion a year in tax write offs alone. No more wealthy dodging taxes same with corporations.

A flat tax? Interesting