Posted on 10/31/2023 6:31:57 AM PDT by RandFan
@RepThomasMassie
If Congress sends $14.5 billion to Israel, on average we’ll be taking about $100 from every working person in the United States.
This will be extracted through inflation and taxes.
I’m against it.
(Excerpt) Read more at twitter.com ...
Nice insult.................so glad you liked it.
Then you get his 100 percent Israel support. If Trump were President Hamas would no longer exist, and if Iran had anything to say about it, he would tell them to shut up.
Nasty. Did you read my post?
If you don’t come at these events with a biblical understanding, than you can’t understand them.
First off you don’t know how Trump would have handled it. Obviously he supports Israel and would no doubt assist them in some way. What he wouldn’t do is to offer them $14 billion right off the bat unless Israel was really struggling financially. But they’re not. They are in great shape financially unlike us.
IDF Chief of the General Staff, LTG Herzi Halevi: “We are the IDF. Our purpose is to preserve the State of Israel, to protect its independence, and to stop its enemies from disrupting everyday life for Israel’s citizens and residents.”
Mabey you are right, he wouldn’t have to have given aid. Because he would have wiped Hamas off the map for killing Americans. Iran was getting mouthy, and he told them don’t ever threatened the US, or we will hit you like you wouldn’t belive possible.
But unlike free people, we have no choice either way in the matter.
100%
cnbc.com
MON, OCT 30, 2023
JEFFCOX, CNBC.COM
Treasury to borrow $776 billion in the final three months of the year
In a closely watched announcement Monday afternoon, the Treasury Department said it will be looking to borrow $776 billion. The Treasury said it expects to borrow $816 billion between January and March. The announcement comes 10 days after the government said the fiscal 2023 budget deficit would be about $1.7 trillion.
WATCH NOW——VIDEO at web site
The U.S. government’s borrowing needs will decline slightly in the final three months of 2023 from the prior quarter, a potentially important development during a turbulent time for the global bond market.
In a closely watched announcement Monday afternoon, the U.S. Department of the Treasury said it will be looking to borrow $776 billion, which is below the $1.01 trillion in privately held marketable debt the department borrowed in the July-through-September period, the highest ever for that particular quarter.
The borrowing level appeared to be somewhat below Wall Street expectations — strategists at JPMorgan Chase said they expected the announcement to be around $800 billion.
When the Treasury announced in July its heightened borrowing needs, it set off a frenzy in the bond market that saw yields hit their highest levels since 2007, the early days of what would become a global financial crisis.
Stocks lost some of their gains but still remained strongly positive after the announcement. Treasury yields were mostly higher.
Markets have been concerned about the effect of higher yields, and the government’s borrowing need, as well as restrictive Federal Reserve policy, have exacerbated those concerns.
Officials attributed the lower borrowing needs to higher receipts, which were offset somewhat by greater expenses.
The Treasury said it expects to borrow $816 billion during the January-through-March period, which is the government’s fiscal second quarter. That number appeared above Wall Street estimates, as JPMorgan said it was looking for $698 billion. The record for quarterly borrowing happened in the April-through-June stretch in 2020, when borrowing hit nearly $2.8 trillion during the early Covid-19 pandemic days.
The department said it expects to maintain a $750 billion cash balance for both quarters.
Markets will be watching a Wednesday refunding announcement from the Treasury, which will detail the size of auctions, the duration being issued and their timing. Later that day, the Federal Reserve will conclude its two-day policy meeting, with markets overwhelmingly expecting the central bank to hold interest rates steady.
The Monday announcement comes 10 days after the government said the fiscal 2023 budget deficit would be about $1.7 trillion. That was an increase of some $320 billion from the prior year.
An accompanying economic summary indicated that growth has remained strong while inflation has cooled, even though it is well above the Federal Reserve’s target. However, the statement indicated that growth is likely to decelerate sharply, falling to 0.7% in the fourth quarter and just 1% for all of 2024.
A senior Ukrainian official says election of House Speaker
Mike Johnson won’t have any affect on US aid to Ukraine
All he wants is the billions.
American taxpayers can go fly a kite for all he cares about “govt of, by, and for the people.”
I know..i was saying Ukraine?... meaning what about all the money to Ukraine.
Those of us religiously believing in “government of, by, and for the people” are having to
come to grips with the fact that the US has foreign masters who are not very nice people.
US taxpayers get the multi $$billion dollar bills, gun grabbing, disappearing safety and security,
while the foreigner get terrific publicity, unlimited arms, and billions of our tax dollars.
As Openurmind insightfully posted: If a poster doesn’t want to spend away the future of their Grandchildren via these foreign aid budget busters, they are demeaned and insulted, the ignorant foreigner labeling Americans “Hamas lovers.”
God forbid an American LOVES THEIR GRANDCHILDREN FIRST AND FOREMOST over a foreign country.
Making generations of Americans, not yet born, pay for this foreign aid insanity is about as immoral as immoral can get.
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