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YOUR BALANCE
MAGA?
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Replies: 7
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MAGA?


Mar 28, 2018, 10:55 AM

Even the right is beginning to see...

"The US Needs to Borrow Almost $300 Billion This Week

The United States plans to sell about $294 billion of debt, according to the Treasury Department. That's the highest for a week since the record set during the 2008 financial crisis. Federal revenue is declining because of President Trump's tax cuts, so the government needs to borrow more to make ends meet. At the same time, Washington's borrowing costs have climbed rapidly in recent months. "The amount of debt coming on the market this week is extremely large," said Rick Rieder, global chief investment officer of fixed income at BlackRock, the world's largest asset manager."

https://www.drudge.com/news/220208/us-needs-borrow-almost-300-billion

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The quick and best way to cut debt is to


Mar 28, 2018, 11:01 AM

stop giving so much to the welfare state. Poof....problem fixed.

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Re: The quick and best way to cut debt is to


Mar 28, 2018, 11:10 AM

They got the WH, Senate and House. What they waiting on?

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I believe that medicaid, medicare, and defense should all


Mar 28, 2018, 11:30 AM [ in reply to The quick and best way to cut debt is to ]

be capped.

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Re: I believe that medicaid, medicare, and defense should all


Mar 28, 2018, 11:34 AM

Changing the social security age would be a big help as well. Tough to touch entitlements though.

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Re: I believe that medicaid, medicare, and defense should all


Mar 28, 2018, 1:23 PM

I know I am looking forward to working until I am 75.

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Re: The quick and best way to cut debt is to


Apr 2, 2018, 12:25 AM [ in reply to The quick and best way to cut debt is to ]

The easiest way to cut the deficit is to raise the taxes on the ultra-rich. (They really don't need to buy their 3rd Gulfstream jet, just because the wife wants to go to Rome while the husband is in Califilornia on business and the kids are hiding their money -- tax-free -- in the Caymans.)

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Until those uber rich get to hoarding


Apr 3, 2018, 4:53 PM

even more.

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