Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Then we figured 15-20% was an acceptable amount apparently until 1979. Then, no more than 22% until halfway through Clinton. Then we got serious, and "cut" spending below 20% until the 2008 Recession. We eventually (6 years later) got it back to about 20% of GDP. Deficit spending kind of went about the same - very small deficits, then up, then a little decrease, then up for 2009.
I mean, can you imagine in 1980 our entire debt over ~200 years as a country is what our average deficit each year will be?
Breaking news: Adults includes registered voters. As I pointed out to you from page 22 of your own link, they had a table with a sub-category listing registered voters (and a separate column with non-registered voters). It would appear you never bothered looking at page 22.
Sen. Kyrsten Sinema has agreed to support the Democrats' economic bill, the clearest sign yet that Democrats will have 50 votes and be able to pass it by the end of the weekend.
In a statement, Sinema indicated that she won several changes to the tax provisions of the legislation, including removing the tax on carried interest, which would have impacted hedge fund managers and private equity. That proposal would have raised $14 billion.
"We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy economy in the Senate's budget reconciliation legislation," Sinema said. "Subject to the Parliamentarian's review, I'll move forward."
I really wish the democrats would at least call bills what they are... its the "more spending, higher inflation, higher taxes, screw the middleclass with the IRS bill"
The Inflation Reduction Act, the surprise deal that Senator Joe Manchin and Senate Majority Leader Chuck Schumer struck last week, would significantly reduce greenhouse-gas pollution from the American economy. If passed, the bill would cut annual emissions by as much as 44 percent by the end of this decade, according to a new set of analyses from three independent research firms.
That would make the Inflation Reduction Act, or IRA, the most significant climate bill ever passed by Congress. No law has ever made such a big dent in U.S. emissions, or cut them as rapidly: It would more than double the pace at which the American economy has been decarbonizing, the analyses say.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.