doing the math, if you give every taxpayer $5000 it would completely bankrupt the U.S.
Think about this. If you as a taxpayer pay in lets say $10K per year in taxes,a $5k rebate would reduce your liability to only a $5k tax debt.
Article says households, not individuals. These guys haven't hardly cut at all. The largest expenditures are the four horsemen of the budget: SSI, DoD, Medicare, Medicaid. Then interest on debt.
Gimmicks right now, to cut 2 Trillion would be cuts on those, that hasn't happened. These guys saying massive cuts are sounding like used car sales men.
You cut 2 Trillion in a year, you will have to use any extra revenue to handle a massive recession. We've been propping up the economy with extra spending for decades.
House, hold not individuals
HOW about those of us who paid taxes for YEARS & YEARS who are now retired?
MY SOC Sec -—WHEN calculated as an hourly wage==$8.60 an hour.
MY 2025 COL INCREASE===21 CENTS PER HOUR