The Senate Calls Out-of-Control Spending a National Security Threat, Keeps Spending Anyway.
Posted by freedomforall 4 weeks, 1 day ago to Politics
Excerpt:
"Last month, the US Senate passed a resolution saying the over 34 trillion dollars (and growing) national debt threatens national security. A few days later, a bipartisan majority of the Senate voted for a 1.2 trillion dollars spending bill. In addition to the usual increases in war and welfare spending, the bill funds gender transitioning for minors without parental consent and red flag laws, which allow law enforcement to seize an individual’s firearms without due process.
Before passage of the latest spending bill, the Congressional Budget Orifice (CBO) released a report predicting that the national debt would exceed the prior record of 106.4 percent of gross domestic product (GDP) by 2028. Interest payments on the national debt are estimated to reach 870 billion dollars this year, more than the government will spend on the military. The CBO estimates that, unless Congress cuts spending (which is highly unlikely), by 2051 interest on the debt will exceed not just military spending but spending on the two biggest items in the federal budget — Social Security and Medicare.
...
The only way out of this is for Congress to begin winding down the welfare-warfare state. A good place to start is by cutting spending on militarism and forgoing interventionism. Savings from these cuts could be used to ensure those dependent on entitlement and welfare programs are not harmed as Congress winds down these programs. Responsibility for providing support for the truly needy should be returned to local and religious charitable institutions, while responsibility for education should be returned to local communities and parents. Congress should also pass legislation requiring any new spending to be offset by cuts in other federal spending and forbidding the Federal Reserve from purchasing federal debt instruments. These steps will be opposed by the special interests that benefit from the current system, but they are the only way to ensure the blessings of liberty and prosperity to our posterity."
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CON-gress will never act to defend Americans' well being because that would reduce the power of the Deep State.
D.C. NIFO
"Last month, the US Senate passed a resolution saying the over 34 trillion dollars (and growing) national debt threatens national security. A few days later, a bipartisan majority of the Senate voted for a 1.2 trillion dollars spending bill. In addition to the usual increases in war and welfare spending, the bill funds gender transitioning for minors without parental consent and red flag laws, which allow law enforcement to seize an individual’s firearms without due process.
Before passage of the latest spending bill, the Congressional Budget Orifice (CBO) released a report predicting that the national debt would exceed the prior record of 106.4 percent of gross domestic product (GDP) by 2028. Interest payments on the national debt are estimated to reach 870 billion dollars this year, more than the government will spend on the military. The CBO estimates that, unless Congress cuts spending (which is highly unlikely), by 2051 interest on the debt will exceed not just military spending but spending on the two biggest items in the federal budget — Social Security and Medicare.
...
The only way out of this is for Congress to begin winding down the welfare-warfare state. A good place to start is by cutting spending on militarism and forgoing interventionism. Savings from these cuts could be used to ensure those dependent on entitlement and welfare programs are not harmed as Congress winds down these programs. Responsibility for providing support for the truly needy should be returned to local and religious charitable institutions, while responsibility for education should be returned to local communities and parents. Congress should also pass legislation requiring any new spending to be offset by cuts in other federal spending and forbidding the Federal Reserve from purchasing federal debt instruments. These steps will be opposed by the special interests that benefit from the current system, but they are the only way to ensure the blessings of liberty and prosperity to our posterity."
-------------------------------------------------
CON-gress will never act to defend Americans' well being because that would reduce the power of the Deep State.
D.C. NIFO
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- 1Posted by $ 25n56il4 4 weeks, 1 day agoThe problem is those idiots in the White House are determined to spend us into oblivion. They issued the 'Biden' Budget and then started adding expenses like feed all school children free regardless of parents earnings. I happen to love children but I always managed to give mine lunch money or carry their lunches and managed on the salary of a First Sergeant in the Army!| Mark as read | Best of... | Permalink
- 1Posted by $ 25n56il4 4 weeks, 1 day ago'His' budget was ridiculous in and of itself! And the reason I put his name or reference to him here in brackets is because he never saw it himself and wouldn't have realized what he was looking at in any case. This situation in the WH has reached the Panic level!| Mark as read | Parent | Best of... | Permalink
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