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by tomohawk
976 days ago
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You could raise taxes to 100% and not pay for everything the US is obligated to at this point. It's totally insane. The 2 ways out are to somehow grow the pie bigger to get more revenue while stopping the constant increase in obligations, or to inflate the money and pay off the debt with worthless paper. It's also the backdrop of the infighting over the Speaker of the House. It's the Speaker who has control over the budget, not the President. If you look, for example, at the R votes against Jordan, it is mostly those on the appropriations and defense committees who want to keep the spending going at any cost. |
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