From the Washington Post, “Republicans propelled themselves to power in Washington by promising an end to fiscal recklessness. They are now embracing the kind of free spending and budget deficits they once claimed to loathe.
Congress is debating a bipartisan spending deal that would blow through the caps imposed by the 2011 Budget Control Act, unlocking $300 billion in additional spending for the military and domestic programs over the next two years. That comes on top of last year’s $1.5 trillion tax cut package and as the White House prepares to unveil on Monday a $1.5 trillion infrastructure plan that would require $200 billion in government funding.
While the White House says it plans to offset that $200 billion through unspecified cuts, none of the other spending is paid for at a time when the nation’s debt already tops $20 trillion.”
We will never escape this debt, never, we’re stuck. Congress has failed us for the last time, recovery is not possible.
Doesn’t matter who is in charge now, the debt just keeps growing because of a spending addiction and a lack of courage by those in power to say no. It’s over and you might just as well sit back and enjoy the time remaining before the big collapse, when paper money won’t be worth the cost to print it.
Not a thing Trump can do about it either. Congress makes the budget and they are completely and utterly irresponsible. That’s why I say we’re done. Not sure when it will implode, just know that it will…it’s inevitable. The GOP was our last hope and they sold us out…. again. We had about two seconds of sunshine when the Tea Party entered the scene, now their light is out and so are we.