That would be the CR under Biden, followed by the current CR which was largely a continuation of Biden's CR, plus some DOGE cuts. The 2nd quarter would have some more DOGE cuts, plus possibly a rescission package cut from the CR.Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Numbers are a variable science. Emotions are a fixed science.
Nope. Emotions are fickle, not fixed.
The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.
Narrator: the rate of government spending has accelerated under Trump.
Cite? Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this?
I put this in the economy thread a week ago. “Seems” is doing a lot of work in your sentence, and indeed in everything that Trump does.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Does it help if interest and mortgage rates are low if no one can afford to buy anything?
Yes, Goober, lower rates is an economic stimulant. Lower rates make it more possible for people to finance purchases. Geesh
Anonymous wrote:Anonymous wrote:Anonymous wrote:
Everyone escaping blue states here to Florida are making us even more red.
Our great Governor DeSantis is fighting is ban Chemtrails.
This is how you protect the environment, you hypocrites.
Yes, and isn’t it funny just how quickly people come, watch nature destroy their homes and then the insurance companies screw then over, and then leave?
Driving through Florida, all we see is massive construction and road improvements.
Anonymous wrote:Anonymous wrote:They should be worried—Trump is going to turn red states blue. Purple states are already there. They need to get off their knees.
Name one red state that will turn blue in the next two years.
Anonymous wrote:Oh, I thought they’d be worried about the country….
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Numbers are a variable science. Emotions are a fixed science.
Nope. Emotions are fickle, not fixed.
The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.
Narrator: the rate of government spending has accelerated under Trump.
Cite? Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Does it help if interest and mortgage rates are low if no one can afford to buy anything?
Yes, Goober, lower rates is an economic stimulant. Lower rates make it more possible for people to finance purchases. Geesh
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Numbers are a variable science. Emotions are a fixed science.
Nope. Emotions are fickle, not fixed.
The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.
Narrator: the rate of government spending has accelerated under Trump.
Cite? Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Numbers are a variable science. Emotions are a fixed science.
Nope. Emotions are fickle, not fixed.
The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.
Narrator: the rate of government spending has accelerated under Trump.
Cite? Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Numbers are a variable science. Emotions are a fixed science.
Nope. Emotions are fickle, not fixed.
The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.
Narrator: the rate of government spending has accelerated under Trump.
Cite? Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Numbers are a variable science. Emotions are a fixed science.
Nope. Emotions are fickle, not fixed.
The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.
Narrator: the rate of government spending has accelerated under Trump.
Cite? Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Good, I hope we mop the floor with them.
It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party.
Interest rates, mortgage rates are coming down. .62% drop in ten year yield.
Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.
Numbers are a variable science. Emotions are a fixed science.
Nope. Emotions are fickle, not fixed.
The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.
Narrator: the rate of government spending has accelerated under Trump.