Yeah, and it won’t work. Criminal charges don’t go away on the weekends when everyone is off, either. Also, state cases won’t be affected at all. The holes in the bullshit dam are too massive at this point for shenanigans to matter.
I doubt you’ll answer but I’ll ask in this thread since it’s more relevant. If the right was so concerned about deficits why has it exploded when the GOP has been in power? If we’re serious about deficits shouldn’t we also take steps in addition to cutting spending also increase revenues? Why shouldn’t we do something as simple as even improving the ability to collect taxes which people already legally owe?
Our revenues are the highest they have ever been. That's why. U.S. Federal Tax Revenue by Year (thebalancemoney.com) We don't have a revenue problem, we have a spending problem. If our revenues were way down, and that was causing deficits, then it would make sense to say that we need to increase our revenues to historic levels when we didn't have deficits with the same spending. Instead, our revenues are the highest they have been, and our deficits are the result of increased spending. If we were spending at 2018 levels, we would have a surplus. US Federal Budgetary Spending by Year – Polidiotic In truth, both revenue and spending should be drastically reduced. The Constitution provides for a limited federal government of enumerated powers, not the bloated monstrosity it has become after the New Deal and the Great Society.
yet another sleigh-of-hand false narrative. We currently has the largest GDP ever. our current top tax rate, 37%. has been the lowest post WW2 the highest tax rate during Eisenhower admin was close to 90% during Reagan was 50%, even after the Reagan tax cut you cannot be more wrong taxing the rich---undoing the Trump tax cut--- would bring in much needed revenue.
if the highest tax rate was the same as during Reagan years, 50%, we would have an even larger surplus. btw, the only POTUS in the last 50 years to have generated a surplus was Clinton, he raised taxes. all these POTUS had tax cuts, Reagan, Bush Sr, Bush Jr, Trump. they all left office with a larger deficit than when the start of their respective presidency
Your links don't indicate, so I assume the charts are in nominal dollars and not adjusted for inflation? So, $3,260 billion in spending in 2018 dollars would be $4,017 billion in 2023 (using this calculator). 2023 actual spending of $4,603 billion is still up from 2018 spending in real dollars, but it'd still leave us a deficit of $479 billion on revenues of $3,538 billion from your link.
The holding back on their pay checks would have minimal effect in itself, but the statement it makes would hopefully embarrass some hopefully. Oh, what am I say, we are talking about house republicans here... a shameless bunch.
They need to target a deficit around 3%. The mandatory spending + interest basically takes up all revenue.
This is so unbelievably stupid. McCarthy made a deal with Biden and he should uphold that deal. To that end, Democrats should announce that they'll support McCarthy remaining speaker in exchange for a clean funding of the government. Neuter the arsonists who have no actual interest in governance. The core of this stupidity is "conservative" politicians and their voters complaining about spending, but being unwilling to touch entitlement programs like Social Security and Medicare. That's the bulk of non-military spending, but there's no political will to go after them.
In our current economic model, both revenue and spending are expected to continuously increase. GDP, tied to revenue, grows every year except during recessions. Tax revenue is linked to GDP growth, so it reaches record highs annually, barring recessions. Mandatory spending rises steadily (though potentially slower in recessions due to inflation's impact). This accounts for about 70% of the budget - Social Security, Medicare, Medicaid, interest costs, etc. Discretionary spending makes up the remainder - military, homeland security, veterans affairs, education, etc. To reduce debt, both revenue and spending must be addressed. What our government has been doing, mostly under Republican control, is rapidly growing debt by cutting revenue while increasing spending - the worst case scenario for ballooning the debt. For example, revenue would be $2-3 trillion higher today if not for Trump's tax cuts. PS (but very important to reducing the debt). Tax cheating/fraud is a serious issue (estimates are that the U.S. is losing $1 Trillion in unpaid taxes every year), and isn't it hypocritical that Republicans express concern about the debt, but are against increasing revenue through hiring more IRS agents to go after tax cheats.
McCarthy may as well switch parties if he's going to do that. After breaking with the hardliners, if he did anything Democrats didn't like later, they could move to vacate and toss him as Speaker. He has put himself in a pretty hard spot.
