2024 concludes the third largest federal budget deficit

It's a bad thing when two unelected and unqualified conmen are in charge of it and who gain to benefit from privitization and the continuation of massive tax cuts and loop holes for them. A full 1/3 of that total debt is from Trump's 1st term alone and due to his tax "cuts"

The outcome of this exercise will benefit billionaires more than average Americans.

^

Sure testesboi, like brandon's excercise benefited average Americans by having them pay more for groceries, energy, etc.

Trump the child molester is a terrible businessman

Musk grew up rich and gets billions in government subsidies and hand outs. Tax money goes to the super rich who don't need it or to the people who do, those are the choices. I'm cool with rich people not getting subsidized incomes

The libs of this site are okay with $37 trillion and rising in national debt, as long as the government is staffed solely by career bureaucrats who ensure that we keep increasing spending and amassing crippling debt. That is a special kind of stupid.

We hired a ton of IRS people, where every $1 invested makes $10 back, and you people whined about Walmart Death camps or some other nonsense. The $37 trillion is tax cuts for the very rich, subsidies to the farming, oil, Elon etc industries, and massive military spending. You'd rather cut jobs?

Libs crying and lying lol. You fucking trannie cunts aren't men, get off the board.

Seriously? Politicians have made "serving the people" an extremely profitable career.

Insider trading, kickbacks from Lobbyists, hiring family members as "campaign consultants" who have zero experience, payola from foreign counties/leveraging their influence (Biden and Menendez as 2 infamous examples), former Pentagon people getting big gigs with defense contractors, NIH (Fauci the most notorious) getting side hustle income from Big Pharma and least we forget Biden, Inc's "Show Me The MONEY" grift.

Politicians depend on Pork Spending/Taxpayers' Dollars", to line their pockets not yours. Over the past 6-weeks, senators (including Comrade Bernie who owns 3 nice homes because of Capitalism he trashes) and house reps are NOW saying, "Oh yeah, we need to reduce wasteful spending!!! I'm on-board!". Then, we get this pork-laden turd even flies wouldn't touch, and the Dems, who said reduce waste, blame DJT, Elon and Vivek.

If gov't "shuts down", good. Gov't employee salaries will be paid retroactive, Congress will continue to get paid (WHEW, thank GOD!), Welfare/Food Stamps checks, SS, Medicare, Medicaid, VA, ect will continue. National Parks and WH tours will be paused. If you believe a "shut down" will destroy America, you voted DemocRAT. Oh Boo Who, just keep fresh underwear ready, you'll need it.

Elon and Vivek, like other "Billionaires", improve our economy, and yeah, make a lot of money. If not for SpaceX we'd still be paying Putin to get American astronauts into space. SpaceX did a spacewalk with non-NASA astronaut - he was a tourist, and yeah, he paid for it. Did Lockheed or Boeing do this?

Be more concerned about evil people like Soros, AOC, Wray, Comey, Yellin, McCabe, Strzok, Page, Pelosi, Schumer, Raskin, McConnell, Obama, Austin, Buttigieg, Mayorkas, Garland, James, Harris, Bragg, Merchan, The View, ect.

Post-WWII, America chose to be a Consumer-based/Capitalist Economy and we helped (still do) to rebuild Europe and Japan, and Europe a chose a Socialist cradle-to-grave with America providing military protection and they tariff products imported from America to fuel their socialist hot messes. It's been 80 years. Plus, Europe added another layer of gov't - the EU! Like more gov't is the answer, well, to Marxists it is. Who is winning and living a better life? If it so bad here, Canada speaks English (well, except Quebec) and is just a drive away. Dems will be happy there.

Boeing is a long-time NASA and military contractor that makes plenty from gov't contracts as do the "elite" tax-free universities with Billion Dollar Endowments that support Marxist Ideology. NASA had to have SpaceX do an Uber to bring back the 2 astronauts as Boeing's Starliner was too unsafe to bring them back. SpaceX receives 60% less than Boeing and yet has a had way more success. Boeing focused on profitability and executive pay, and door plugs and tires falling off. SpaceX focuses on pushing new technology - OCCUPY MARS; if anyone will do it, it'll be Elon's SpaceX.

IRS: The extra agents are there to shake-down "everyday" people like strippers whose cash income is not 100% reported. No wonder Biden passed an ExO for FedCoin. The wealthy just hire good CPA firms and tax lawyers to maximize their deductions/"loopholes" that their congressal BFFs provide, and BTW they hire a SHIT LOAD of people.

The Democrats want everyone to live at the same level of basic poverty level so we are all Equal, except for the Ruling Class and their Oligarchs.

Trump had plenty of mega-wealthy supporters who are no doubt looking out for themselves, while the wealthy supporting Harris clearly had other values determining their vote.

I'm all for balancing the budget as long as the wealthy take most of the hit. That's unlikely to be the case though, under the swamp of right wing millionaires and billionaires about to take over the federal government.

^more lies and fake news. Everyone saw with their own eyes the wealth gap widen at the fastest rate ever beneath the Biden/Harris admin, just after working class wages and employment hit highs under Trump. These are facts, and that is what America voted for in 2024.

You (and the democrats with their media) think the people on this board, and all of America, are stupid. Voters have realized how biased and full of lies the left are, they have tuned out the leftist fake news and are trusting the paychecks they hold in their hands, the prices they see on their store shelves, and the crime they see in their neighborhoods.

Everyday Americans understand that the left is not on their side, the left serves themselves, their quest for perpetual power, and their oligarch masters. The GOP is the part of the people and MAGA is the movement for America. Just wait until their get sworn in and start business.

How soon they forget

Trump’s tax cuts helped billionaires pay less than the working class for first time theguardian.com

The Guardian has zero credibility as a left wing rag. These numbers come from biased calculations, and not from actual facts and figures. This is all stated in the article. Also in the article: "The calculations of Saez and Zucman, who have previously worked with the French economist Thomas Piketty, take into account not just federal income taxes but also state, local and corporate taxes.

The pair argue that the dramatic fall in taxes for the ultra wealthy is the result of policies enacted by both Republican and Democratic administrations which have both cut top rates and taxes on capital gains while allowing corporations to shelter their profits overseas."

A lower tax rate does not mean lower tax dollars, and business leaders and entrepreneurs re-invest that money into their business and the economy. So, wld4testes is basically an idiot who does not understand macroeconomics and does not have the academic integrity to check his own sources before referring to them. No surprise, that is his usual MO.

Trump inherited a strong economy from Obama and rode his coattails; his tax cuts gave a marginal boost to the middle class and an unnecessary whopping boost to the rich, all while exploding the debt. Stay tuned for more of the same.

Trump tells wealthy donors he wants to extend his 2017 tax cuts. Here’s why they’d benefit the most cnn.com

and entrepreneurs re-invest that money into their business and the economy.

Trickle down economics... largely discredited as failing to live up to it's promise, and instead mainly just helping the rich get richer.

^as I said, this is what a failing grade in macroeconomics 101 looks like. The libs of TUSCL are down to trotting out knee-jerk reactions from the early 1980s.

Can't wait for DOGE. Never been so stoked for something in politics in my life.

^^ Still true today.

Trump’s Corporate Tax Cut Is Not Trickling Down americanprogress.org

Just pull up the economic charts, the tax cuts to the wealthy and large corporations exploded the debt but did not produce an inflection in economic benefits distinguishable from the trends Trump inherited from Obama.

In some cases the metrics were even worse: Obama averaged 215,000 jobs per month in his second term Trump averaged 182,000 jobs per month through 2019

Anyone who thinks Obama was good on the economy is sorely mistaken. His wanton intrusions into the market paved the way to the Biden inflation we have today, from Cash for Clunkers (robbing poor people of affordable used cars, literally, making them unusable), TARP (i.e. Too Big to Fail), and Obamacare. His recovery was the worst since WW2. investors.com

Oh and which party raised 1.5B dollars? I'm not fan of either party, but that money is not organic, that's some serious backers there.

^ and a LOT of those donors who live paycheck to paycheck were duped into "donating", then learn that Oprah and the other "influencers" were PAID. The Big Money Donors expected some form of a payback, they have money to gamble, the paycheck-to-paycheck donors don't. These people were scammed, and need to remember next election cycle who purposely fucked them over to line their own pockets.

The clown car is weaving in and out of traffic, eliminate the debt ceiling, lets run wild boys.

^weirdo

84% of population growth in the United States under Biden has been illegal and legal immigrants. If you want to live in a disgusting failed country vote Democrat.

Gamnuts step to me you, little pussy, you're afraid of an old man ! LOLOLOL

Who thinks the house will need a new speaker before the Inauguration ?

I think that the people who enabled Joe Biden to stay in office should be lined up in front of a wall and.......shot by the speaker.

^ Before or after the shutdown ?

"If you want to live in a disgusting failed country vote Democrat" This is why it is so important that we have a federal goverment with the fortitude to stop omnibus spending bills and massive continuing resolutions. Eventually, the credit will dry up and the bill will come due. Our interest on the debt alone is crippling. I have long said that the strength of being citizen in the United States lies in the rights of individual states to chart their own courses within the guidelines of the federal constitution, and the freedom of citizens to move freely between these states if they are unhappy with the state of their residence. There is absolutely no reason for the massive federal bureaucracy and insurmountable budget. The departments of the feds which govern domestic policies should be the smallest, with the international diplomatic and defense departments being the largest - definitely not the IRS.

^ You’d think that long posts mean that the poster has something credible to say, in the case of this particular OP you’d be wrong.

Speaker of the House can be anybody. Vivek would be wicked interesting as Speaker. As long as Congress is this tight, and the GOP can't control their RINOs, someone new is needed. As evil as Pelosi is, she was able to get the Dems to vote in lock-step when needed.

Evil Nancy is a complete psychopath with no regard for morality or decency. While it is tempting to envy her iron-fisted control of the democrat party caucus, only a RINO like Liz Cheney would ever seek to port it over to the GOP.

I like your idea of an outsider for Speaker. Vivek is too closely aligned with Trump for the position. Maybe Manchin?