Wednesday, September 13, 2017

A New National Debt Benchmark Reached

The following is an excerpt from a Senate Conservatives Fund email I received today:



Our country's national debt is now more than $20 trillion and the current Republican leadership in Washington doesn't care.


Senator Mitch McConnell has offered no plan to cut spending and has no intention of ever doing so.

Even worse, he told the New York Times this week that he secretly added a provision to the recent spending and debt deal that created not just one but two budget cliffs before the 2018 elections.

This would not be a bad thing if Republicans were willing to use these deadlines as leverage to pass conservative policies just as the Democrats have done in the past to enact liberal policies. 

But sadly Senator McConnell and other GOP leaders in Washington do not believe in our principles and certainly aren't willing to fight for them when it matters.

In December, they will surrender to the Democrats and fund everything from Planned Parenthood to executive amnesty to Obamacare. And next year when the debt limit is reached again, they will increase the debt and possibly even include other liberals policies too.
I can't help but believe the reason why there are two budget cliffs before the 2018 elections is to provide the media an opportunity to pin an government shutdown on Pres. Trump.
= = = = = = = = = = = = =
Here's what I sent to my Circle of Friends list yesterday:

Subject: $20,162,176,797,904.13

What's with the dollar figure in the subject line? Oh, just the national debt breaking through the next significant level which, at this point, the nation will NEVER be able to pay off.

What do you say we make it a goal to shoot for $30 TRILLION by 2020? That aught to stimulate our economy!

Actually, consumer debt is the biggest factor in the instability of our national economy, and combined with the unfunded liabilities, such as pensions - where there are less currently working to pay into the fund than are collecting out of it - our economy is hanging by a thread.

No comments:

Post a Comment