I'm continually amazed how we NEVER talk debt reduction when we are enriching the 1% and Corps
When legislation is passed again and again to let the 1% and Corporations feed at the public trough there is no concern about debt reduction.
But let something for the American Public be on the table and it rears its head once again. And what is SO PERVERTED about the argument against national health care is that it would SAVE this country money. The argument is done to protect the profits of the health insurance industry.
And let’s be clear, these insurers aren't suffering. UnitedHealth Group, the largest health insurer, reported last week that it made $10.3 billion in profits in 2014 on revenues of $130.5 billion. Both profits and revenues grew seven percent from 2013.
http://www.publicintegrity.org/2015/01/26/16658/health-insurers-watch-profits-soar-they-dump-small-business-customers
No worry of debt reduction here:
George Soros May Face a Monster Tax Bill
Deferring income helped the billionaire hedge fund manager build his fortune.
George Soros likes to say the rich should pay more taxes. A substantial part of his wealth, though, comes from delaying them. While building a record as one of the world’s greatest investors, the 84-year-old billionaire used a loophole that allowed him to defer taxes on fees paid by clients and reinvest them in his fund, where they continued to grow tax-free. At the end of 2013, Soros—through Soros Fund Management—had amassed $13.3 billion through the use of deferrals, according to Irish regulatory filings by Soros.
Congress closed the loophole in 2008 and ordered fund managers who used it to pay the accumulated taxes by 2017.
Notice the use of the word MAY. Considering a bill was passed you think it would be will. Of course that would be in a universe where our government was bought and paid for.
And I'm willing to bet that a majority of our debt is due to giveaways to the corporations and 1%.
This is just another part of the BIG CON that is being perpetrated on the American Public.