The national debt just crossed $39 trillion—almost doubling since Trump vowed to erase it

[markef]

House Budget Committee chairman Jodey Arrington (R-Texas) is reviving an idea that was considered last year to fund Affordable Care Act payments known as cost-sharing reductions.

• The Congressional Budget Office previously found the move would lower overall benchmark ACA premiums by 11% but result in 300,000 more uninsured people.
• 
  
• It would cut the subsidy amount that some enrollees receive, thereby increasing out-of-pocket premium costs, while saving the government over $30 billion.

https://www.axios.com/2026/03/30/gop-health-care-pay-iran-war

SOMEONE NEEDS MONEY FOR CHEETO'S WAR YOU KNOW

One of the stupidest narratives ever invented by leftists is that the government can make health care insurance better and cheaper than free market plans.

 

[markef]

I'm shocked, you mean he's not going to fund it himself like the Big Beautiful Ballroom? Has to be fake news, Cheeto would NEVER want to take other peoples money.

Modern democrats all over the country are not the least ashamed of jacking up taxes and regulations on their enslaved subjects.

 

[JonKoch]

One of the stupidest narratives ever invented by leftists is that the government can make health care insurance better and cheaper than free market plans.

Free markets huh? lmaorog. Let me know when they poll as high as the SOCIALIST VA or Medicare systems

Traditional Medicare operates with low administrative overhead, often estimated at roughly 1% -2% of program spending, focusing mainly on claims processing. In contrast, (PRIVATE DUBYA/GOP CREATED) Medicare Advantage (Part C) plans have higher overhead, with administrative expenses and profits estimated around 15%-20%, due to marketing and plan management.

 

[JonKoch]

Modern democrats all over the country are not the least ashamed of jacking up taxes and regulations on their enslaved subjects.

Modern Repugnathins of Cheeto's cult all over the country are not least ashamed of jacking up the debt and taking over private enterprise as Cheeto and his ilk are grifting in EVERY nation of the world, and the US

 

[JonKoch]

America has been one of the richest nations on earth for decades, but that does not mean that we don't have serious tax and spending problems.

Nah, it's been the GOP tax cuts (revenue losses) AS they blow up spending problem. Only Clinton, Obama and Biden handed the next guy a smaller deficit than was passed to them since Carter

 

[JonKoch]

At least JFK knew that cutting taxes was essential to boosting the economy.

Kennedy-Johnson Tax Cuts Stimulate the U.S. Economy | History | Research Starters | EBSCO Research

<p>The Kennedy-Johnson tax cuts in the early 1960s were implemented as a response to a sluggish U.S. economy marked by high unemployment, stagnant growth, and federal budget deficits. President John F. Kennedy and later President Lyndon B. Johnson aimed to stimulate economic activity through a...

www.ebsco.com

Kennedy-Johnson Tax Cuts Stimulate the U.S. Economy​

I know, righties LOVE to point to LBJ's tax cuts (not actually JFK's) but IT WAS TO BRING IN MORE TAX REVENUE, Keynes tax cut, getting rid of loopholes, top rate to 70% from 91%. It was sold as getting more revenues, guess what???

 

[JonKoch]

Jimmy Carter had some of the highest tax rates ever which resulted in one of the worst economies in history.

‘Disgrace To The Human Race’: Jimmy Carter’s Populist Tax Talk

Joseph J. Thorndike examines Jimmy Carter’s tax policy stumbles during his presidential campaign.

www.forbes.com

Tax History: ‘Disgrace To The Human Race’: Jimmy Carter’s Populist Tax Talk​

LMAOROG, Yet Ronnie kept the top rate the same for 6 years!

 

[Leo123]

Yeah, I ripped Trump because of the egregious nature of his claims and his failures to live up to them.

I doubt he gave the deficit a second's thought before green-lighting Iran.

Did you rip every other POTUS as well? They all make promises and don't keep them all or things change after they become POTUS and get classified intel.

 

[JonKoch]

Democrats added more than $4 trillion to the US debt in the last year of Trump's 1st term. Who gets credit for that massive one-year hike in the debt?

Wait, you mean the checks that had Cheeto's name on them? Those ones were the Democrats fault?

Remarks by President Trump at Signing of H.R.748, The CARES Act​

THE PRESIDENT: Well, thank you all very much. This is a very important day. I’ll sign the single-biggest economic relief package in American history and, I must say, or any other package, by the way. It’s twice as large as any relief ever signed. It’s $2.2 billion, but it actually goes up to 6.2 — potentially — billion dollars — trillion dollars. So you’re talking about 6.2 trillion-dollar bill. Nothing like that. And this will deliver urgently needed relief to our nation’s families, workers, and businesses. And that’s what this is all about.

And it got a 96 to nothing. And, I don’t know, what was the number in Congress?
PARTICIPANT: A voice vote.

THE PRESIDENT: A voice? It was fantastic.

PARTICIPANT: I think it was just as close.

THE PRESIDENT: That’s pretty amazing. That’s about the same thing. Right, Kevin?

LEADER MCCARTHY: Yes.

THE PRESIDENT: So, that’s fantastic. But I want to thank Republicans and Democrats for coming together, setting aside their differences, and putting America first.

This legislation provides for direct payments to individuals and unprecedented support to small businesses. We’re going to keep our small businesses strong and our big businesses strong. And that’s keeping our country strong and our jobs strong.

Remarks by President Trump at Signing of H.R.748, The CARES Act – The White House

trumpwhitehouse.archives.gov

 

[JonKoch]

Did you rip every other POTUS as well? They all make promises and don't keep them all or things change after they become POTUS and get classified intel.

But Cheeto was different right? lol

IT'S THE $$$$$$ His family is grifting

 

[markef]

Free markets huh? lmaorog. Let me know when they poll as high as the SOCIALIST VA or Medicare systems

Traditional Medicare operates with low administrative overhead, often estimated at roughly 1% -2% of program spending, focusing mainly on claims processing. In contrast, (PRIVATE DUBYA/GOP CREATED) Medicare Advantage (Part C) plans have higher overhead, with administrative expenses and profits estimated around 15%-20%, due to marketing and plan management.

Even 90% support for free government health care will never make it less expensive and more efficient.

 

[markef]

Modern Repugnathins of Cheeto's cult all over the country are not least ashamed of jacking up the debt and taking over private enterprise as Cheeto and his ilk are grifting in EVERY nation of the world, and the US

I believe we are finding that unmonitored democrat spending has added trillions to the debt and all that fraudulent waste and abuse is very harmful to the US economy.

 

[markef]

Nah, it's been the GOP tax cuts (revenue losses) AS they blow up spending problem. Only Clinton, Obama and Biden handed the next guy a smaller deficit than was passed to them since Carter

Obama proved deficits are easy to fix by simply printing massive amounts of more money and increasing the debt substantially.

 

[markef]

Nah, it's been the GOP tax cuts (revenue losses) AS they blow up spending problem. Only Clinton, Obama and Biden handed the next guy a smaller deficit than was passed to them since Carter

Democrats see tax cuts as a form of robbing democrat players of cash they were expecting to extract from government spending through fraud.

 

[markef]

I know, righties LOVE to point to LBJ's tax cuts (not actually JFK's) but IT WAS TO BRING IN MORE TAX REVENUE, Keynes tax cut, getting rid of loopholes, top rate to 70% from 91%. It was sold as getting more revenues, guess what???

Do democrats even know there is an invisible taxation line which will, when crossed, begin to do serious damage to the economy as well diminish federal tax revenues?

States Benefit From a Wave of Income Tax Reform​

• September 11, 2024
• BY Paige Terryberry

• 
  
  • ​

 

[the watcher]

One of the stupidest narratives ever invented by leftists is that the government can make health care insurance better and cheaper than free market plans.

Congress appropriates and spends money, maybe they will solve this dilemma for us. We need a study. Scientists Discover Strong Correlation Between Trusting Government And Eating Paint Chips

 

[JonKoch]

Do democrats even know there is an invisible taxation line which will, when crossed, begin to do serious damage to the economy as well diminish federal tax revenues?

States Benefit From a Wave of Income Tax Reform​

• September 11, 2024
• BY Paige Terryberry

• 
  
  • ​

Yeah, I've heard they had something like that, drew on the back of a napkin? Weird how Ronnie had a top rate of 70% his first 6 years in office right? That socialist

Next thing you know, the right will explain how Clinton and Obama increasing taxes hurt US too

 

[struth]

No, don't blame Bden. He inherited the first record debt Trump created.

Trump inherited record debt created by Obama and. Xiden

 

[JonKoch]

Do democrats even know there is an invisible taxation line which will, when crossed, begin to do serious damage to the economy as well diminish federal tax revenues?

States Benefit From a Wave of Income Tax Reform​

• September 11, 2024
• BY Paige Terryberry

Combined Tax Rates: Including federal, state, and local taxes, the peak of the Laffer Curve (revenue-maximizing rate) may be around 54% to 73%.

“Most importantly, recent economic research has shown that productive economic activity is relatively unresponsive to increases in the top income tax rate, and the top income tax rate is well below the levels where it maximizes revenue. Economists Peter Diamond and Emmanuel Saez estimate that the revenue maximizing income tax rate is 73 percent (combing federal, state and local taxes).”

https://www.epi.org/blog/high-top-income-tax-rates-fight/#:~:text=%E2%80%9CMost%20importantly%2C%20recent%20economic%20research,income%20is%20to%20tax%20rates.

 

[JohnDB]

A word about the Federal Reserve....

Powell is an OLD idiot...
Bought and paid for by his own bloated ego that cannot ever admit to being wrong, making a mistake, or having a lapse in judgment.

He needs to be fired yesterday and replaced with someone competent.

You want proof?
Here's him in his own words.