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Post by johngalt on Aug 27, 2024 18:54:22 GMT -5
No, the government should not be ran like a private business. It should be ran like the Constitution says. Do you think the Constitution confuses the words "ran" and "run"? I don’t know, do tell.
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Post by Tarponator on Aug 27, 2024 18:59:36 GMT -5
Clearly, you don't know. The Constitution knows the difference as its writers were literate.
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Post by nuevowavo on Aug 28, 2024 12:57:07 GMT -5
That’s old. Last month interest on the debt exceeded defense spending.
Yes, that was 2023. The total for the first seven months of this year has interest expense surpassing defense for the first time.
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Post by cadman on Aug 28, 2024 13:25:30 GMT -5
That’s old. Last month interest on the debt exceeded defense spending.
Yes, that was 2023. The total for the first seven months of this year has interest expense surpassing defense for the first time.
Federal year goes from October 1st to September 30th. We are in the 11th month of the 2024 fiscal year.
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Post by nuevowavo on Aug 28, 2024 13:29:12 GMT -5
Yes, that was 2023. The total for the first seven months of this year has interest expense surpassing defense for the first time.
Federal year goes from October 1st to September 30th. We are in the 11th month of the 2024 fiscal year.
Correct. Interest passed defense in May. The seventh month...
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Post by cadman on Aug 28, 2024 13:41:42 GMT -5
Federal year goes from October 1st to September 30th. We are in the 11th month of the 2024 fiscal year.
Correct. Interest passed defense in May. The seventh month...
I thought it was supposed to happen on July or August. According to several reports, the estimate for 2024 is $870 billion for interest and $822 billion for defense spending. Since they are using estimates, I fail to see how they even know the exact month.
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Post by nuevowavo on Aug 28, 2024 15:17:27 GMT -5
"The United States has long had the world’s biggest defense budget, with spending this year set to approach $900 billion. Yet this spending is rapidly being eclipsed by the fastest-growing portion of federal outflows: interest payments on the national debt. For the first seven months of fiscal year 2024, which began last October, net interest payments totaled $514 billion, outpacing defense by $20 billion. Budget analysts think that trend will continue, making 2024 the first year ever that the United States will spend more on interest payments than on national defense." finance.yahoo.com/news/us-federal-budget-crosses-grim-milestone-as-interest-payments-overtake-defense-spending-155521072.html
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Post by Tarponator on Aug 28, 2024 16:51:04 GMT -5
Regardless of the month, that's truly disturbing.
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Post by tonyroma on Aug 28, 2024 18:34:10 GMT -5
Regardless of the month, that's truly disturbing. And neither side addresses it. Cutting spending and raising taxes aren’t big talking points.
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Post by OhMy on Aug 28, 2024 19:03:55 GMT -5
Too much government.
Reduce spending by reducing government.
We do not need 2 million people paid by the federal government.
Also, eliminate government pensions.
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Post by walkerdog on Aug 28, 2024 19:41:30 GMT -5
Clearly, you don't know. The Constitution knows the difference as its writers were literate.
Actually, the Constitution is a document. It can’t “know” anything, ya Big Dummy!🤣
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