Republicans ready to become deficit hawks again under a President Biden
Republicans are preparing to re-embrace their inner deficit hawk after greenlighting big spending bills under President Trump.
GOP senators say they expect to refocus on curbing the nation's debt and reforming entitlement programs starting in 2021, as the Congressional Budget Office estimates that the debt has surpassed the size of the American economy.
"I think that's kind of getting back to our DNA. ...I think spending, entitlement reform, growth and the economy are all things that we're going to have to be focused on next year and, yeah, I would expect you'll hear a lot more about that," said Sen. John Thune (R-S.D.), the No. 2 Senate Republican.
The shift could pose a significant headache for a new Biden administration that will need GOP support in the Senate to move its agenda. It is also likely to complicate efforts on a debt-ceiling deal.
https://www.msn.com/en-us/news/politics/republicans-ready-to-become-deficit-hawks-again-under-a-president-biden/ar-BB1bqKAd?li=BBnbfcQ&ocid=DELLDHP
Or he can call out their bullshit.
= new reply since forum marked as read
this year's budget brought in 3.5 trillion, had 4.4 trillion in outlays. we need another 900 billion.
Cut defense spending 200 billion (we already spend more than the next 9 countries COMBINED. we have more than enough weapons and soldiers to win any war, anytime, anywhere).
Need 700 billion........ That's about $200,000 more in taxes to collect from the richest 1% who have been accumulating and accumulating wealth for decades.
Boom. Budget balanced. Take more from the richest 0.01%, less from others in the top 1%, balance it out fairly ((Income of the bottom of the 1% is about $500,000 per year, so can't increase their taxes 200k...)...... but this is easily doable.
