Posted on 01/24/2023 10:10:26 AM PST by SoConPubbie
“Under no circumstances should Republicans vote to cut a single penny from medicare or social security to help pay for Joe Biden’s reckless spending spree, which is more reckless than anybody’s ever done or had in the history of our country,” Trump began at the start of his latest campaign video, released Friday.
He emphasized that Biden and the Democrats have “wasted trillions on left-wing lunacy” and that they have “thrown open our treasury and our borders to migrants from all over the world.”
“While we absolutely need to stop Biden’s out-of-control spending, the pain should be borne by Washington bureaucrats, not by hardworking American families and American seniors,” said the 45th president, adding that seniors have been “absolutely destroyed in the last two years.”
Last week, Treasury Secretary Janet Yellen penned a letter to House Speaker Kevin McCarthy (R-CA) predicting that the $31.3 trillion debt ceiling would be reached on January 19. On Thursday, she informed McCarthy that it had been reached. To keep the United States from defaulting on its exorbitant debt, Yellen said that she would begin to use “extraordinary measures.”
“While Treasury is not currently able to provide an estimate of how long extraordinary measures will enable us to continue to pay the government’s obligations, it is unlikely that cash and extraordinary measures will be exhausted before early June,” she wrote in her January 13 letter to McCarthy.
As Breitbart News’s Ashley Oliver noted:
(Excerpt) Read more at breitbart.com ...
On Friday, Trump highlighted that cuts could be made on a number of fronts, including cutting “hundreds of billions of taxpayer dollars going to corrupt foreign countries,” cutting “the mass releases of illegal aliens that are depleting our social safety net and destroying our country,” ending radical gender programs in the military and nixing reckless funding on “climate change extremism.”
It's like taking candy from a STUPID baby with these cretins.
Good for Trump. He won in 2016 by promising not to cut these programs that are vital American seniors. The GOP establishment booed him for this stand. They wanted him to promise cuts in these programs, as McCain and Romney did when they got beat by Obama.
It gets tossed around...year after year...by both parties.
If debt ceiling has been reached & (obviously) more money is going to be needed then start retroactive cuts on some of the wasteful spending that has already been approved on Democrat spending bills...like the recent $1.7 trillion omnibus bill.
“The GOPee is chattering about cutting Social Security and Medicare, just like always.”
Democrats say “cutting”. Republicans say “fixing”.
Without fixing, we will have to “borrow” to fund these programs.
It gets tossed around...year after year...by both parties.
Am I missing something? It seems the only people discussing cutting SS or Medicare are dems accusing the Republicans of doing it. (And Trump warning the Republicans not to do it)
Nordic countries have fund managers who strictly adhere to 5 years and out investing with the publics money. Private equities, bonds, etc....Works great. The governments can't spend it if they can't get their paws on it.
His biggest disappointment as President was his not vetoing and pork bills.
A captain obvious stand.
My President is still winning.
I cant wait to vote for him again.
No more stolen elections.
He made a deal with Schumer and Pelosi to eliminate the debt ceiling prior to the COVID spending orgy.
All his public comments about these programs demonstrate his ignorance of how they’re funded and why they’re unable to meet future obligations.
The only ‘fix’ to these Ponzi schemes and wealth transfers are benefit cuts and tax increases. Trump has declared his opposition to benefit cuts which leaves higher taxes…
On the WH web page is a table of yearly deficits from the founding to the present: https://www.whitehouse.gov/omb/budget/historical-tables/
If you sum up the yearly deficit (not gonna factor in 'inflation' for now), thru 2021, you get: -20,936,451,000,000.
So, if officially the national debt is about $32 Trillions (see US Debt clock), and a table of yearly deficits is a mere $21 Trillions, $11 trillions LESS than the current debt, one could surmise that all along we've ONLY BEEN PAYING interest, and just accumulating debt from the very beginning.
Take away line:
“Democrats have “wasted trillions on left-wing lunacy” and that they have “thrown open our treasury and our borders to migrants from all over the world.””
Democrats and RINO’s want to reduce debt on the back of Senior Citizens.
Trump is not fiscal conservative. No surprise here.
Yes. Trump & Reagan. Both did not veto excessive spending bills. Federal spending tripled during Reagan’s 8 years.
And Trump was never a fiscal conservative. DeSantis is handling Florida really well. State Budgets are well controlled, unemployment is near zero (for those who want to work).
The pimp is hooked on the receipts but wants to avoid paying out on the whores wages.
Taxes in ALL Nordic countries are at obscene levels. No thanks.
Bring back Graham-Rudman-Hollings spending curbs. Obama repealed the law.
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