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Old 03-29-2022, 12:03 PM
 
Location: NMB, SC
43,262 posts, read 18,396,803 times
Reputation: 35088

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Quote:
Originally Posted by Freak80 View Post
Last year’s federal budget was about 6.8 trillion.

https://en.m.wikipedia.org/wiki/2021...federal_budget

So Biden’s budget is about a trillion smaller. But that doesn’t fit the narrative, so it wasn’t reported.
The narrative is "largest tax hike in history" ...the wealth tax.

Is that not true ? Your source for "facts" is wikipedia ???

And what about the $1.5 trillion spending bill that just got passed to fund the government through October ? Does that not count ?
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Old 03-29-2022, 12:07 PM
 
Location: Upstate
9,536 posts, read 9,855,915 times
Reputation: 8945
Quote:
Originally Posted by TMSRetired View Post
The narrative is "largest tax hike in history" ...the wealth tax.

Is that not true ? Your source for "facts" is wikipedia ???

And what about the $1.5 trillion spending bill that just got passed to fund the government through October ? Does that not count ?
Since when did the left let facts get in the way?
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Old 03-29-2022, 12:09 PM
 
Location: NMB, SC
43,262 posts, read 18,396,803 times
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Quote:
Originally Posted by USNRET04 View Post
Since when did the left let facts get in the way?
Well if it wasn't in wikipedia then it's not "fact".
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Old 03-29-2022, 12:15 PM
 
29,592 posts, read 14,732,100 times
Reputation: 14500
Quote:
Originally Posted by TMSRetired View Post
It's a lot more often than "annual".
The $1.3 trillion bill that just got passed to help Ukraine....
$13 billion went to Ukraine..over $800 billion went to the Pentagon and the rest..welfare programs
Quote:
Originally Posted by Winterbeard View Post
And weirdly it's welfare programs that catch most of the ire from a conservative viewpoint. Both corporate parties love splashing money out on the Pentagon, and almost no one calls them out for it. Sick of it.
I'm definitely torn on the military spending. On one hand it seems like our country spends WAY to much. On the other hand, I know many designers, engineers, and fabricators that work in the military manufacturing industry. So, no money being spent on new development means those people will be jobless.
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Old 03-29-2022, 12:20 PM
 
Location: Long Island
32,845 posts, read 19,525,151 times
Reputation: 9629
Quote:
Originally Posted by Freak80 View Post
Last year’s federal budget was about 6.8 trillion.

https://en.m.wikipedia.org/wiki/2021...federal_budget

So Biden’s budget is about a trillion smaller. But that doesn’t fit the narrative, so it wasn’t reported.
and the FY22's budget (current year) isn't mentioned either, since it was a CR, with the rescues, plus the infrastructure, and finalized last week with the omnibus totaling 9 trillion'ish
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Old 03-29-2022, 12:26 PM
 
Location: Spring Hill, FL
4,303 posts, read 1,564,493 times
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Quote:
Originally Posted by scarabchuck View Post
I'm definitely torn on the military spending. On one hand it seems like our country spends WAY to much.
It seems that way because it does. More than the next 5 biggest combined. It's completely out of proportion. Not to mention the black budget programs.
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Old 03-29-2022, 12:59 PM
 
5,997 posts, read 2,251,760 times
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Quote:
Originally Posted by scarabchuck View Post
I'm definitely torn on the military spending. On one hand it seems like our country spends WAY to much. On the other hand, I know many designers, engineers, and fabricators that work in the military manufacturing industry. So, no money being spent on new development means those people will be jobless.
That is the rub. How much spending is needed and what happens to those in sectors deemed not needed. And is it the government's responsibility to assist the 1000s that would be let go through reductions in spending?

Is military spending a sort of Jobs program?
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Old 03-29-2022, 01:02 PM
 
Location: The Garden State
1,334 posts, read 2,997,559 times
Reputation: 1392
The biggest tax for for me personally was Trumps "SALT" tax.
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Old 03-29-2022, 01:04 PM
 
30,111 posts, read 18,712,684 times
Reputation: 20950
Quote:
Originally Posted by FordBronco1967 View Post
https://www.foxbusiness.com/politics...budget-request

Gee... That won't make inflation worse...

What happened to the "moderate" Joe Biden that was on the campaign trail (albeit from the basement)?

From the article: "The president laid out the tax hikes as part of his $5.8 trillion budget blueprint for federal spending in fiscal 2023, which begins in October. Under his proposal, taxes would rise by $2.5 trillion, marking the largest increase in history in dollar terms. The deficit would be $1.15 trillion."

I guess this was released at the same time as the "wealth" tax proposal, but hasn't received the same amount of attention. Gee, can't imagine why...
The idiocy is amazing, yet predictable.

Only a fool would jack up federal expenditures and increase the amount of money in circulation with record inflation.

Can ANY DEMOCRAT please tell us how such an infusion of cash would not make inflation worse?
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Old 03-29-2022, 01:07 PM
 
29,592 posts, read 14,732,100 times
Reputation: 14500
Quote:
Originally Posted by Daryl_G View Post
That is the rub. How much spending is needed and what happens to those in sectors deemed not needed. And is it the government's responsibility to assist the 1000s that would be let go through reductions in spending?

Is military spending a sort of Jobs program?
It's just another aspect of manufacturing, one we can't offshore. Are we doing it to support the jobs....I really don't think so. Although, I'm sure there are some pretty sketchy deals made on Capitol hill by defense lobby, to make sure we have the latest and greatest hardware.
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