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Political Dog 101

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US Debt

U.S. Federal Debt to exceed size of Economy….

February 11, 2021 By jamesb

The US Government rarely has a balanced budget... (It is unique in that the government prints the money) But as long as your dollar buys you what we all agree is a dollars worth of products or services and the government pays its bills? Things are fine... Joe Biden is … [Read more...] about U.S. Federal Debt to exceed size of Economy….

Filed Under: Government, Other Things, Politics, the Economy Tagged With: Balanced Budget, CBO/Congressional Budget Office, Congress, Politics, The US Economy, US Budget, US Debt, US GDP, US Spending, virus

The Government will run out of money for its bills in September if Congress can’t pass a new spending limit increase..

February 27, 2019 By jamesb

We go thru this just about EVERY YEAR.... Because the government spends MORE money then it takes in? Congress must authorize how much the country can borrow OVER what it spends or, the 'Debt Ceiling' Nobody wants the government to say it can't pay its bills.... The … [Read more...] about The Government will run out of money for its bills in September if Congress can’t pass a new spending limit increase..

Filed Under: Government, Law, Politics, the Economy Tagged With: Congress, Financial markets, Politics, The Treasury, The US Debt Ceiling, US Borrowing limit, US Debt

Trump to double down with another round of tax cuts?

June 30, 2018 By jamesb

Crazy shit ? The first tax cut hasn't been a success it was supposed to be for Republicans... Most Americans have seen nothing like the breaks large corporation and the rich have... So? Trump and Co. could be going back to take MORE money from middle and poor … [Read more...] about Trump to double down with another round of tax cuts?

Filed Under: Uncategorized Tagged With: Budget deficit, corporate tax rate, New Trump tax cuts, Recession, US Debt

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Recent Comments

  • jamesb on Trump Tries to Sell a Sinking Economy as Biden’s…Nope…It’s His…Open Thread for 5/1/2025: “Afternoon people” May 11, 14:07
  • jamesb on Democratic Rep. Jasmine Crockett…Dems Already Backing ‘Safest White Boy’ for President in 2028….: “I TOTALLY AGREE with Crockett on this …. BOTH WOMEN Donald Trump BEAT….. In both cases? Democratic MALES left to…” May 11, 14:06
  • jamesb on House GOPer’s will NOT Increase Taxes for the Rich as Trump Wanted….: “Somethings even ole’ Donald can’t get away with, eh?” May 11, 13:55
  • My Name Is Jack on Democratic Rep. Jasmine Crockett…Dems Already Backing ‘Safest White Boy’ for President in 2028….: “There have been seven presidential elections in the 2000s. In three of them , the Democratic candidate has been a…” May 11, 10:58
  • My Name Is Jack on House GOPer’s will NOT Increase Taxes for the Rich as Trump Wanted….: “Wow! I’m shocked!” May 11, 09:00

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