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Pretty easy to figure out who to blame. Allow me t read and quote the Constitution for everyone, since it is pretty clear how all this works:
Quote:
Originally Posted by Constitution for the United States, Article I, Section 9, clause 7
No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.
That clause is reinforced by the following clauses:
Quote:
Originally Posted by Constitution for the United States, Article I, Section 1
All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.
and
Quote:
Originally Posted by Constitution for the United States, Article I, Section 8, clause 1
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States
and
Quote:
Originally Posted by Constitution for the United States, Article I, Section 8, clause 2
To borrow Money on the credit of the United States
and
Quote:
Originally Posted by Constitution for the United States, Article I, Section 8, clause 5
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures
(emphasis mine in every case)
The United States House of Representatives and United States Senate are 99.8% of the blame for any spending, assuming a President not vetoing the bill and signing it into law makes him 1 of 536 people responsible for legal spending.
In general, blame the House and Senate for virtually every penny ever spent by the US, every penny of debt/deficit, every percentage point of inflation, all of it. Nothing gets spent without them. Ever.
I'll want to find something that puts the size of this deficit in context to the size of the national economy before reacting too much.
And in context of the size of wealth created at the direction of the top 1% and top 10% with the direct and indirect help of the government every year.
It is Republicans and Democrats that did this. And people needing programs and wealthy people able to afford higher taxes that did this.
"In CBO’s projections, budget deficits continue increasing after 2018, rising from 4.2 percent of GDP this year to 5.1 percent in 2022 (adjusted to exclude the shifts in timing). That percentage has been exceeded in only five years since 1946; four of those years followed the deep 2007–2009 recession. Deficits remain at 5.1 percent between 2022 and 2025 before dipping at the end of the period, primarily because some tax provisions are scheduled to expire under current law, boosting revenues. Over the 2021–2028 period, projected deficits average 4.9 percent of GDP; the only time since World War II when the average deficit has been so large over so many years was after the 2007–2009 recession."
Revenues
For the next few years, revenues hover near their 2018 level of 16.6 percent of GDP in CBO’s projections. Then they rise steadily, reaching 17.5 percent of GDP by 2025. At the end of that year, many provisions of the 2017 tax act expire, causing receipts to rise sharply—to 18.1 percent of GDP in 2026 and 18.5 percent in 2027 and 2028. They have averaged 17.4 percent of GDP over the past 50 years. Outlays
In CBO’s projections, outlays for the next three years remain near 21 percent of GDP, which is higher than their average of 20.3 percent over the past 50 years. After that, outlays grow more quickly than the economy does, reaching 23.3 percent of GDP (adjusted to exclude shifts in timing) by 2028.
Pretty easy to figure out who to blame. Allow me t read and quote the Constitution for everyone, since it is pretty clear how all this works:
That clause is reinforced by the following clauses:
and
and
and
(emphasis mine in every case)
The United States House of Representatives and United States Senate are 99.8% of the blame for any spending, assuming a President not vetoing the bill and signing it into law makes him 1 of 536 people responsible for legal spending.
Ok, so the Republicans can be blamed for 8 of the 9 trillion debt increase during Obama era, and now they can be blamed for most increase in Trump era. Got it.
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