Why can't our lawmakers add?

There was never a balanced budge in 2001, either.

That "balanced budget" was projected to occur three years earlier....It never happened in real time.
Yep, I recall a bunch of "smoke-n-mirrors" around that too.

The bottom line is we have been stabbed in the back so often by the Uniparty our backs are about like shoe sole leather.
 
I am telling you---------->they CAN grow out of this. BUT, to hold power, will the politicians give the extra money away to buy votes so as they get re-elected?!?!?!?!

In all honesty, CONGRESS should NOT be allowed to spend 1 more dime, unless they cut that dime, somewhere else.........and NOT 3 to 10 years down the road. They need to CUT it, show it in the ledger, before they can spend it!

Want to see Americans/congress throw ALL the ILLEGALS under the bus instantly! Make congress do what I said, and they will only service Americans that can vote!
I believed that once, that aggressive economic growth could save us. Now I'm convinced these maniacs in Washington would just increase spending and go right on borrowing until bankruptcy.
 
Let's see, the last time there was a "balanced budget" was 2001.

During the lead-up to that you heard all about future generations suffering if the budget was not balanced.

Well, that generation has come and guess what....They don't really care and they are no different than the ones before, get what they can as long as someone else pays for it.

I'm thinking "well, at my age why should I worry about it if they are fine with it?". :dunno:

I'll be going to my dirt nap soon enough so if I can get a few things going my way like no tax on SS then why not?
It sure as **** wasn't during Trump's first term. He blew out the budget. Now he is looking to do ot again. Conservative my ass .
 
The only time democrats worry about the Debt is when they lose a freaking election.
 
Thoughts From an Independent

For the last 25 years Presidents of both parties have put fourth spending bills that have increased America's national debt; once passed they've all danced around in jubilation as if they've given American's a wonderful gift. If this were not so destructive, it would be funny. America's national debt now exceeds 37 trillion dollars and will balloon to over 40 trillion once this "big, beautiful bill" passes. Interest payments alone on this debt is now bigger than America's entire defense budget. Is this something we're supposed to celebrate? If this deficit is not delt with soon, we'll have a financial crisis that will make the great depression of the 1930's look mild in comparison. Tell your lawmakers (on both sides) to pull their heads out of their backsides and draft spending bills that pay down this national debt - while we still can! :45:
They are incentivized and rewarded for acting like this.

They don't change their behaviors unless and until we change the system under which they operate.

But most of America just doesn't care enough to do that. This is a self-inflicted wound.
 
Thoughts From an Independent

For the last 25 years Presidents of both parties have put fourth spending bills that have increased America's national debt; once passed they've all danced around in jubilation as if they've given American's a wonderful gift. If this were not so destructive, it would be funny. America's national debt now exceeds 37 trillion dollars and will balloon to over 40 trillion once this "big, beautiful bill" passes. Interest payments alone on this debt is now bigger than America's entire defense budget. Is this something we're supposed to celebrate? If this deficit is not delt with soon, we'll have a financial crisis that will make the great depression of the 1930's look mild in comparison. Tell your lawmakers (on both sides) to pull their heads out of their backsides and draft spending bills that pay down this national debt - while we still can! :45:
They can add.

They add that they need to get elected at the next election and by making things look good NOW they will, if they don't, they won't.
 
It's not too late now, but Taco Trump could become a significant problem, worsening the current economic situation. :)

👉 The likelihood of a complete US economic collapse solely due to the huge national debt and its interest payments is considered low in the near term, but the debt does pose significant risks that could trigger serious economic difficulties if not addressed.

Key points from recent analysis:

• The US economy is projected to enter a recession in late 2025, partly due to bond market turmoil and austere fiscal policy aimed at managing debt and deficits. This recession could last until early 2027, with declines across consumer spending, government spending, and business investment1.

• The national debt is expected to continue growing, with projections showing debt reaching 124% to 128% of GDP by 2034 under current policies, and potentially much higher (up to 220% of GDP by 2055) if tax cuts are extended and spending increases23.

• Rising debt and deficits increase the risk of a fiscal crisis if investors lose confidence, potentially leading to sharply higher interest rates, inflation, and financial market disruptions. Moody’s recent downgrade of US government debt reflects these concerns2.

• There is a risk of "fiscal dominance," where the Federal Reserve might feel pressured to keep interest rates artificially low or buy government debt to support fiscal policy, which could lead to higher inflation and undermine economic stability2.

• The growing interest payments on the debt are already surpassing major spending categories like defense, limiting fiscal flexibility to respond to emergencies or invest in growth45.

• While these challenges are serious, a sudden economic collapse is not inevitable. Much depends on future policy decisions regarding spending, taxation, and debt management. Failure to act responsibly could lead to a crisis, but timely reforms could stabilize the situation57.

In summary:

The huge national debt and rising interest costs are a major threat to the US economy’s long-term health and could contribute to recessionary pressures and fiscal crises.

However, an outright collapse is not guaranteed and can be averted with prudent fiscal policies and economic management.

The coming years will be critical as policymakers face difficult choices to ensure debt sustainability and maintain investor confidence.

Thus, while the debt situation is serious and poses significant risks, it is not an immediate cause for an unavoidable economic collapse, but rather a warning sign demanding urgent and sustained policy action.

sources:

1. United States Economic Forecast Q2 2025
2. How high can US debt go before it triggers a financial crisis?
3. https://bipartisanpolicy.org/report/deficit-tracker/
4. https://www.cnn.com/2025/05/22/economy/trump-tax-bill-debt-deficit
5. $36 Trillion and Counting: The Debt Crisis America Can’t Ignore | Voisard Asset Management Group
6. https://www.pgpf.org/our-national-debt/
7. https://www.cbo.gov/publication/61270
8. https://www.nytimes.com/2025/06/27/opinion/trump-budget-big-beautiful-bill.html
 
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