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Melting down over DOGE
American Thinker ^ | 12 Feb, 2025 | Jack Hellner

Posted on 02/13/2025 4:35:29 AM PST by MtnClimber

It is astonishing what the media and other Democrats get outraged about and what they don’t.

In FY 2024, the U.S. had an almost $2 trillion deficit, almost 7% of the total GDP, in a supposedly good economy. Total debt is over $36 trillion, and our economy has a GDP of less than $30 trillion, which includes massive amounts of government spending. Total federal spending in FY 2019, before COVID was $4.4 trillion. Today it is around $7 trillion, up over 50% while inflation is up a little over 20%. So, government spending is up two- and one-half times inflation. Due to COVID and the intentional closing of a significant amount of the private economy, there was a lot of (manufactured) emergency spending in FY 2020. The problem is the Biden administration and Congress never rolled back emergency spending. They just kept increasing everything.

The massive $36 trillion debt falls on both parties, because politicians in both parties passed the spending, yet spent very little time reviewing how all the money is spent. The trajectory we are on is extremely dangerous for this and future generations.

I am 72 this year and for the first time in my lifetime we have a president who is going to go through the entire executive branch budget with a fine-toothed comb to see how the money is being spent. He is very transparent. I would think that the media would be happy with the transparency so they could see how the money is spent. Sadly, most of the media seem to prefer keeping the details secret from the public.

Most of the media, a few judges, and other Democrats, think the president has no say in how executive branch agencies spend the money once it is appropriated. That is nuts and why

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Society
KEYWORDS: corruption; transparency
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To: MtnClimber

past presidents have asked for line item veto and get shot down


41 posted on 02/13/2025 5:47:03 PM PST by markman46 (engage brain before using keyboard!!!)
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