The US is on an "unsustainable" fiscal track, so how do we fix it? (Poll)

[kyzr]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Here is a good summary of US finances including projections up to 2036.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.

2. I don't see "Tariffs" as a major source of revenue.

3. I don't see Welfare as a major expense, yet I know it is?

4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid/Obamacare goes back to 50/50 Federal/State cost sharing.

 

[Dante]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Here is a good summary of US finances including projections up to 2036.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

View attachment 1103817

1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.

2. I don't see "Tariffs" as a major source of revenue.

3. I don't see Welfare as a major expense, yet I know it is?

4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid goes back to 50/50 Federal/State cost sharing.

The US is on an "unsustainable" fiscal track,​

and nobody has suggested we stay on it without doing anything

 

[IM2]

First, don't spend billions to send away people who contribute 100 billion dollars in taxes for programs they don't gett to use. Second, end racism, which costs this country nearly 1.5 trillion dollars per year. Since 1990 alone, we have lost 51 trillion dollars because of racism. That's 1.45 trillion dollars this nation loses every year. There is no telling how much money we have lost due to racism since this notion started. Then add up a similar amount due to sexism/misogyny. You want to do something about the debt? You want a sustainable fiscal future? End these two things.

 

[Darkwind]

Yet, the radicalized extreme left wing in the Democrat party is unwilling to do anything to right our fiscal situation and promote more and more delays.

It has been their M.O. in fiscal budgeting. In other words, they promote and favor kicking the can down the road until they are no longer in office and can be held responsible. The problem is, those following them promote the same kind of fiscal insanity and they all refuse to remove spending that does not get at least an 80% public agreement for saving.

 

[the watcher]

This post needs a good study from the Slim Shady Foundation or an essay from Al Sharpton to really have some impact.

 

[Darkwind]

First, don't spend billions to send away people who contribute 100 billion dollars in taxes for programs they don't gett to use. Second, end racism, which costs this country nearly 1.5 trillion dollars per year. Since 1990 alone, we have lost 51 trillion dollars because of racism. That's 1.45 trillion dollars this nation loses every year. There is no telling how much money we have lost due to racism since this notion started. Then add up a similar amount due to sexism/misogyny. You want to do something about the debt? You want a sustainable fiscal future? End these two things.

Idiot. They cost us more than they contribute.

The Economic Impact of Illegal Immigration: Analyzing Costs and Benefits to the United States​

The economic impact of illegal immigration on the United States represents one of the most contentious aspects of the immigration debate. With approximately 10.9-15.5 million undocumented immigrants currently residing in the country, understanding the fiscal costs and benefits is essential for informed policy discussions. This report examines the evidence from multiple studies, exploring both the economic burden and contributions of illegal immigrants to the American economy.

Fiscal Costs of Illegal Immigration​

The direct fiscal costs of illegal immigration to American taxpayers have been estimated by several organizations, with significant variation in methodology and conclusions.

Direct Government Expenditures​

The Federation for American Immigration Reform (FAIR) calculates that illegal immigration costs American taxpayers approximately $150.7 billion annually on a net basis3. Their analysis suggests that while illegal immigrants contribute roughly $32 billion in taxes, the gross costs reach approximately $182 billion, resulting in a cost burden of approximately $8,776 per illegal immigrant or citizen child3. According to this study, the majority of costs are borne at the state and local levels, with K-12 education representing the largest expense category at around $70 billion annually1.


Healthcare represents another significant expenditure. The Congressional Budget Office (CBO) estimates that Medicaid spending on emergency services for illegal immigrants has exceeded $16.2 billion under the current administration, representing a 124% increase compared to the previous administration11.

Long-Term Fiscal Impact​

Beyond annual costs, several studies have attempted to quantify the lifetime fiscal impact of illegal immigrants:


The Manhattan Institute estimates that the recent border surge will cost approximately $1.15 trillion over the lifetime of these illegal immigrants, with the average undocumented immigrant imposing a net fiscal burden of about $130,00056. Their analysis suggests that immigrants without a high school diploma who arrive between ages 18-24 can receive up to $332,000 in taxpayer-provided benefits over their lifetime6.


A House Oversight and Accountability Committee testimony estimated the lifetime fiscal drain for each illegal immigrant at approximately $68,000, though this estimate carries several caveats10. The Heritage Foundation calculated that if amnesty were implemented, the average adult unlawful immigrant would receive $592,000 more in government benefits over their remaining lifetime than they would pay in taxes9.

 

[IM2]

Idiot. They cost us more than they contribute.

The Economic Impact of Illegal Immigration: Analyzing Costs and Benefits to the United States​

The economic impact of illegal immigration on the United States represents one of the most contentious aspects of the immigration debate. With approximately 10.9-15.5 million undocumented immigrants currently residing in the country, understanding the fiscal costs and benefits is essential for informed policy discussions. This report examines the evidence from multiple studies, exploring both the economic burden and contributions of illegal immigrants to the American economy.

Fiscal Costs of Illegal Immigration​

The direct fiscal costs of illegal immigration to American taxpayers have been estimated by several organizations, with significant variation in methodology and conclusions.

Direct Government Expenditures​

The Federation for American Immigration Reform (FAIR) calculates that illegal immigration costs American taxpayers approximately $150.7 billion annually on a net basis3. Their analysis suggests that while illegal immigrants contribute roughly $32 billion in taxes, the gross costs reach approximately $182 billion, resulting in a cost burden of approximately $8,776 per illegal immigrant or citizen child3. According to this study, the majority of costs are borne at the state and local levels, with K-12 education representing the largest expense category at around $70 billion annually1.


Healthcare represents another significant expenditure. The Congressional Budget Office (CBO) estimates that Medicaid spending on emergency services for illegal immigrants has exceeded $16.2 billion under the current administration, representing a 124% increase compared to the previous administration11.

Long-Term Fiscal Impact​

Beyond annual costs, several studies have attempted to quantify the lifetime fiscal impact of illegal immigrants:


The Manhattan Institute estimates that the recent border surge will cost approximately $1.15 trillion over the lifetime of these illegal immigrants, with the average undocumented immigrant imposing a net fiscal burden of about $130,00056. Their analysis suggests that immigrants without a high school diploma who arrive between ages 18-24 can receive up to $332,000 in taxpayer-provided benefits over their lifetime6.


A House Oversight and Accountability Committee testimony estimated the lifetime fiscal drain for each illegal immigrant at approximately $68,000, though this estimate carries several caveats10. The Heritage Foundation calculated that if amnesty were implemented, the average adult unlawful immigrant would receive $592,000 more in government benefits over their remaining lifetime than they would pay in taxes9.

Incorrect. Try other sources besides FAIR and the Manhattan Institute. Sources not run by far right extremists.

 

[IM2]

This post needs a good study from the Slim Shady Foundation or an essay from Al Sharpton to really have some impact.

Stupid.

 

[IM2]

Key Findings​

• Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Most of that amount, $59.4 billion, was paid to the federal government while the remaining $37.3 billion was paid to state and local governments.
• Undocumented immigrants paid federal, state, and local taxes of $8,889 per person in 2022. In other words, for every 1 million undocumented immigrants who reside in the country, public services receive $8.9 billion in additional tax revenue.
• More than a third of the tax dollars paid by undocumented immigrants go toward payroll taxes dedicated to funding programs that these workers are barred from accessing. Undocumented immigrants paid $25.7 billion in Social Security taxes, $6.4 billion in Medicare taxes, and $1.8 billion in unemployment insurance taxes in 2022.
• At the state and local levels, slightly less than half (46 percent, or $15.1 billion) of the tax payments made by undocumented immigrants are through sales and excise taxes levied on their purchases. Most other payments are made through property taxes, such as those levied on homeowners and renters (31 percent, or $10.4 billion), or through personal and business income taxes (21 percent, or $7.0 billion).
• Six states raised more than $1 billion each in tax revenue from undocumented immigrants living within their borders. Those states are California ($8.5 billion), Texas ($4.9 billion), New York ($3.1 billion), Florida ($1.8 billion), Illinois ($1.5 billion), and New Jersey ($1.3 billion).
• In a large majority of states (40), undocumented immigrants pay higher state and local tax rates than the top 1 percent of households living within their borders.
• Income tax payments by undocumented immigrants are affected by laws that require them to pay more than otherwise similarly situated U.S. citizens. Undocumented immigrants are often barred from receiving meaningful tax credits and sometimes do not claim refunds they are owed due to lack of awareness, concern about their immigration status, or insufficient access to tax preparation assistance.
• Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase. Under a scenario where work authorization is provided to all current undocumented immigrants, their tax contributions would rise by $40.2 billion per year to $136.9 billion. Most of the new revenue raised in this scenario ($33.1 billion) would flow to the federal government while the remainder ($7.1 billion) would flow to states and localities.

Tax Payments by Undocumented Immigrants

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

itep.org

 

[lg325]

Back to the states for most but oversight by the Feds by qualified inspectors. Increase funding by the Feds when needed.

 

[leftwinger]

First, don't spend billions to send away people who contribute 100 billion dollars in taxes for programs they don't gett to use. Second, end racism, which costs this country nearly 1.5 trillion dollars per year. Since 1990 alone, we have lost 51 trillion dollars because of racism. That's 1.45 trillion dollars this nation loses every year. There is no telling how much money we have lost due to racism since this notion started. Then add up a similar amount due to sexism/misogyny. You want to do something about the debt? You want a sustainable fiscal future? End these two things.

Nice try again at your non-stop racial BS. And disagree on your precious “immigrants” you dumb OX. What’s in it for you to destroy the country? A “big” steady direct deposit paycheck from US GOVT?

 

[berg80]

It's not fixable. The national debt will be $40T or more by the time Dotard is done. Buy gold.

 

[Darkwind]

I wonder if the clown show left even understands the concept of illegals not being permitted to work in the United States and therefore cannot contribute income taxes legally? I'm sure the government will take the revenue, but in the end, the illegals cost us more overall than they ever contribute.

They are a livability both fiscally, legally, and culturally.

 

[pknopp]

First we need to elect a president that isn't brain addled or still a child.

 

[dblack]

I support it, but more as a measure to limit federal power than as a way to save money.

 

[Donald H]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Here is a good summary of US finances including projections up to 2036.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

View attachment 1103817

1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.

2. I don't see "Tariffs" as a major source of revenue.

3. I don't see Welfare as a major expense, yet I know it is?

4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid/Obamacare goes back to 50/50 Federal/State cost sharing.

Do America's wars pay back more than what is spent on them.

That's especially relevant with the war against Russia now that it appears America is going home defeated on it's longterm plans to profit so greatly.

Can the half a trillion spent ever be worth it?

 

[Man With A Plan]

First, don't spend billions to send away people who contribute 100 billion dollars in taxes for programs they don't gett to use. Second, end racism, which costs this country nearly 1.5 trillion dollars per year. Since 1990 alone, we have lost 51 trillion dollars because of racism. That's 1.45 trillion dollars this nation loses every year. There is no telling how much money we have lost due to racism since this notion started. Then add up a similar amount due to sexism/misogyny. You want to do something about the debt? You want a sustainable fiscal future? End these two things.

We lose money because of racism? Oh, I can't wait to hear how this works, IM2! Care to explain?

 

[Meister]

View attachment 1103826

View attachment 1103828

Key Findings​

• Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Most of that amount, $59.4 billion, was paid to the federal government while the remaining $37.3 billion was paid to state and local governments.
• Undocumented immigrants paid federal, state, and local taxes of $8,889 per person in 2022. In other words, for every 1 million undocumented immigrants who reside in the country, public services receive $8.9 billion in additional tax revenue.
• More than a third of the tax dollars paid by undocumented immigrants go toward payroll taxes dedicated to funding programs that these workers are barred from accessing. Undocumented immigrants paid $25.7 billion in Social Security taxes, $6.4 billion in Medicare taxes, and $1.8 billion in unemployment insurance taxes in 2022.
• At the state and local levels, slightly less than half (46 percent, or $15.1 billion) of the tax payments made by undocumented immigrants are through sales and excise taxes levied on their purchases. Most other payments are made through property taxes, such as those levied on homeowners and renters (31 percent, or $10.4 billion), or through personal and business income taxes (21 percent, or $7.0 billion).
• Six states raised more than $1 billion each in tax revenue from undocumented immigrants living within their borders. Those states are California ($8.5 billion), Texas ($4.9 billion), New York ($3.1 billion), Florida ($1.8 billion), Illinois ($1.5 billion), and New Jersey ($1.3 billion).
• In a large majority of states (40), undocumented immigrants pay higher state and local tax rates than the top 1 percent of households living within their borders.
• Income tax payments by undocumented immigrants are affected by laws that require them to pay more than otherwise similarly situated U.S. citizens. Undocumented immigrants are often barred from receiving meaningful tax credits and sometimes do not claim refunds they are owed due to lack of awareness, concern about their immigration status, or insufficient access to tax preparation assistance.
• Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase. Under a scenario where work authorization is provided to all current undocumented immigrants, their tax contributions would rise by $40.2 billion per year to $136.9 billion. Most of the new revenue raised in this scenario ($33.1 billion) would flow to the federal government while the remainder ($7.1 billion) would flow to states and localities.

Tax Payments by Undocumented Immigrants

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

itep.org

ITEP has been characterized as nonpartisan and left-leaning. They are associated with the liberal lobbying organization Citizens for Tax Justice.

Institute on Taxation and Economic Policy - Wikipedia

en.wikipedia.org

The Institute on Taxation and Economic Policy (ITEP) is a tax and budget policy advocacy group that focuses on state and federal tax policy issues. It holds 501(c)(3) status and is ostensibly non-partisan for tax reasons,1 though the left-of-center Pew Research Center has described ITEP as a “liberal think tank.” 2

Institute on Taxation and Economic Policy (ITEP) - InfluenceWatch

The Institute on Taxation and Economic Policy (ITEP) is a left-of-center economic policy think tank that advocates for tax policies that would increase federal, state, and municipal government revenues while raising taxes on businesses and high-income individual taxpayers. ITEP shares an office...

www.influencewatch.org

 

[g5000]

Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?

Here is a good summary of US finances including projections up to 2036.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

View attachment 1103817

1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.

2. I don't see "Tariffs" as a major source of revenue.

3. I don't see Welfare as a major expense, yet I know it is?

4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid/Obamacare goes back to 50/50 Federal/State cost sharing.

Well, you see, you and everyone else has been distracted from the actual problem by the oligarchs. Your attention is misdirected toward all kinds of stupid shit.

Mexicans, Muslims, trannies, DEI, Blacks Behaving Badly, and so forth.

You and the rest of the cult never once whined about Trump's record overspending.

Not. Once.

And you won't whine when he does it again.

Here's the thing.

The biggest, by far, expense of the US government is tax expenditures. They add up to $1.6 trillion a year.

$1.6 trillon. A year.

So while the DOGE boi retard tries to grab your attention with a billion dollars he gouged out of valuable agencies, he is not telling you the real waste, fraud, and abuse is in the very subsidies he has received from tax expenditures.

We can eliminate all $1.6 trillion. We don't need a single one of them, except perhaps for the EITC which has proven to increase production.

But the oligarchs benefit the most from tax expenditures, and they spend hundreds of millions of dollars every year to keep them alive.

They literally bribe our politicians to keep them in place.

So until the day I hear a clamor for tax expenditures to be eliminated, or even greatly pared back, I really don't give a flying **** about any other stupid ideas of how to cut spending.

 

[berg80]

Yet, the radicalized extreme left wing in the Democrat party is unwilling to do anything to right our fiscal situation and promote more and more delays.

Horseshit. Dems have proposed eliminating the SS "donut hole" which will address impending trust fund shortfall causing a cuts in benefits. Had Obama's efforts to nationalize healthcare benefits been successful medical cost inflation would have come down much more than it did. And we'd be spending less for healthcare per capita as nations with nationalized programs, with better outcomes, do. Dem's don't propose budget busting tax cuts for the wealthy. Responsible Dems have called for a reduction in the defense budget.