U.S. Debt Is on Pace to Breaka Record High for Debt Size, Going All the Way Back to 1790

[Anonymous]

Nothing to worry about here. Everything is perfectly normal. Nothing could possibly go wrong with having govt debt at levels not seen since the post-Revolutionary war days of Alexander Hamilton. /s

https://www.nytimes.com/2025/05/20/upshot/record-debt-republicans-bill.html

U.S. Debt Is on Pace to Set a Record High, Going All the Way Back to 1790
If Republicans pass their tax and spending megabill, the record will arrive even sooner — putting America’s debt at more than 113 percent of the size of its entire economy.

[Anonymous]

I don't get it. Why can't we stop doing stupid tax cuts and keep a few reasonable budget cuts? Seems like a fiscally responsible solution that's bipartisan.

[Anonymous]

Anonymous wrote:I don't get it. Why can't we stop doing stupid tax cuts and keep a few reasonable budget cuts? Seems like a fiscally responsible solution that's bipartisan.

Because we have a bunch of bomb throwers in Congress who want to "reset" the United States government and its economy. The quicker we can get to default, the better. Chaos is a ladder.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't get it. Why can't we stop doing stupid tax cuts and keep a few reasonable budget cuts? Seems like a fiscally responsible solution that's bipartisan.

Because we have a bunch of bomb throwers in Congress who want to "reset" the United States government and its economy. The quicker we can get to default, the better. Chaos is a ladder.

Right- because in their view, they won't be the ones to suffer. Other people have to go through the pain to eventually come out the other side.

[Anonymous]

Anonymous wrote:I don't get it. Why can't we stop doing stupid tax cuts and keep a few reasonable budget cuts? Seems like a fiscally responsible solution that's bipartisan.

Because only one side actually wants that. The entire Republican modus operandi since 1980 is simple- lower taxes for the rich, pay for some of the tax cuts by reducing things for middle class and the poor, and finance the rest because who cares. Every single major legislative effort by the Republicans since then has been in service of that goal.

[Anonymous]

Anonymous wrote:I don't get it. Why can't we stop doing stupid tax cuts and keep a few reasonable budget cuts? Seems like a fiscally responsible solution that's bipartisan.

Republicans aren’t fiscally responsible. That was all a lie.

[Anonymous]

As they say in Hamilton (the play), "History has its eyes on you [America]." This will not end well.

[Anonymous]

It's not us, it's them.

[Anonymous]

Americans aren’t paying attention.

[Anonymous]

Where's helicopter Ben when you need him to crank up the printing press and QE 5?

Implement all DOGE recommendations

Keep tariffs fairly high

Keep and extend the current tax levels

Cut every single government payment, contract, salary, entitlement 5% and freeze for 2 years with no inflation adjustments or raises

See where we are in 2 years

[Anonymous]

End the Fed.

[Anonymous]

Yes, we all know how much the DCUM crowd cares about debt/deficits.

[Anonymous]

Anonymous wrote:End the Fed.

Sigh. Another idiot on his forum supporting his King.

[Anonymous]

Anonymous wrote:Where's helicopter Ben when you need him to crank up the printing press and QE 5?

Implement all DOGE recommendations

Keep tariffs fairly high

Keep and extend the current tax levels

Cut every single government payment, contract, salary, entitlement 5% and freeze for 2 years with no inflation adjustments or raises

See where we are in 2 years

In two years, if you did the above, we would be hiding in our basements suffering from economic collapse due to crap policies.

[Anonymous]

Anonymous wrote:Where's helicopter Ben when you need him to crank up the printing press and QE 5?

Implement all DOGE recommendations

Keep tariffs fairly high

Keep and extend the current tax levels

Cut every single government payment, contract, salary, entitlement 5% and freeze for 2 years with no inflation adjustments or raises

See where we are in 2 years

Bomb thrower here. An idiot one who things DOGE recommendations have anything to do with saving money.