US Taxes are too low compared to the rest of the world

[francoHFW]

Why is the National Debt an issue only during republican administrations? Hypocrite lefties fail to point out that congressional spending is mostly responsible for the Debt and the President only signs the checks. Strangely enough the socialist left doesn't seem to be willing to curb reckless spending but would rather punish middle class taxpayers with confiscatory taxes. A roaring economy is the best way to lower the Debit but lefties are afraid of it because they will lose control.

No Democrat is in favor of more taxes for the middle class, au contraire. God knows what misinformation you're babbling about....

They have raised taxes on the middle class hundreds of times.

We were much less bad off before trump. His tax cuts flattened revenue and he lead the way with increased military spending.

Yeah, everything sure does suck right now. Wages up for everyone, full employment, great economy, great stock market...man, I can't imagine it being much worse.

Wages are not going up any faster than inflation. this economy is imaginary there is no boom, just the dupes now believe it....

 

[Blues Man]

Is it any less stupid than you voting for a Democrat? Hardly.

Well deficits were much lower at the end of Obama. Republicans make dems look not so bad.

The debt still went up.

EVERY single president since the 1930's regardless of party has increased the national debt.

My god man when all you have is "My guy didn't increase the debt as much as your guy" as a reason to vote you have not only drunk the Kool Aid but have asked for seconds

Yeah lets not point out why deficits just rapidly increased.... Trump is one of the WORST. Huge deficits during a strong economy and they are the direct result of his policy. The tax cuts flattened revenue and then he lead the way for spending increases with military spending.

No one cares about the debt

Not republicans, not democrats and not one person who has voted for either of those 2 parties.

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government and the debt held by US banks and private investors.

US treasury bonds are a staple of many retirement funds so even though there is debt the interest on those bonds is going to Americans because only about 30% of the debt is held by foreign countries

So the debt isn't really as big of a problem as you think especially since you're like all the other partisan hacks out there who only care about it when the guy you didn't vote for adds to it

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government

26%

Quote the whole thing

70 % of the debt if ibtragovernmental OR owned by US banks and private citizens via treasury bonds



Sent from my SM-N960U using Tapatalk

 

[Harpy Eagle]

Well deficits were much lower at the end of Obama. Republicans make dems look not so bad.

The debt still went up.

EVERY single president since the 1930's regardless of party has increased the national debt.

My god man when all you have is "My guy didn't increase the debt as much as your guy" as a reason to vote you have not only drunk the Kool Aid but have asked for seconds

Yeah lets not point out why deficits just rapidly increased.... Trump is one of the WORST. Huge deficits during a strong economy and they are the direct result of his policy. The tax cuts flattened revenue and then he lead the way for spending increases with military spending.

No one cares about the debt

Not republicans, not democrats and not one person who has voted for either of those 2 parties.

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government and the debt held by US banks and private investors.

US treasury bonds are a staple of many retirement funds so even though there is debt the interest on those bonds is going to Americans because only about 30% of the debt is held by foreign countries

So the debt isn't really as big of a problem as you think especially since you're like all the other partisan hacks out there who only care about it when the guy you didn't vote for adds to it

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government

26%

Quote the whole thing

70 % of the debt if ibtragovernmental OR owned by US banks and private citizens via treasury bonds



Sent from my SM-N960U using Tapatalk

Of the 23.2 trillion owed...17.1 is held by the public and 6.1 is intragovermental.

 

[Toddsterpatriot]

Well deficits were much lower at the end of Obama. Republicans make dems look not so bad.

The debt still went up.

EVERY single president since the 1930's regardless of party has increased the national debt.

My god man when all you have is "My guy didn't increase the debt as much as your guy" as a reason to vote you have not only drunk the Kool Aid but have asked for seconds

Yeah lets not point out why deficits just rapidly increased.... Trump is one of the WORST. Huge deficits during a strong economy and they are the direct result of his policy. The tax cuts flattened revenue and then he lead the way for spending increases with military spending.

No one cares about the debt

Not republicans, not democrats and not one person who has voted for either of those 2 parties.

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government and the debt held by US banks and private investors.

US treasury bonds are a staple of many retirement funds so even though there is debt the interest on those bonds is going to Americans because only about 30% of the debt is held by foreign countries

So the debt isn't really as big of a problem as you think especially since you're like all the other partisan hacks out there who only care about it when the guy you didn't vote for adds to it

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government

26%

Quote the whole thing

70 % of the debt if ibtragovernmental OR owned by US banks and private citizens via treasury bonds



Sent from my SM-N960U using Tapatalk

Why does the amount owned by US banks and private investors matter?
The government still has to pay them.

 

[francoHFW]

The real point is that the debt-to-gdp ratio is going down, or at least it was until Trump LOL.... Obama's debt was used to avert a full-blown 1930's style depression. Why we have debt in supposedly Good times under Reagan bush and Trump is another question. What a scam... Only the brainwash makes this mess possible.

 

[Blues Man]

The debt still went up.

EVERY single president since the 1930's regardless of party has increased the national debt.

My god man when all you have is "My guy didn't increase the debt as much as your guy" as a reason to vote you have not only drunk the Kool Aid but have asked for seconds

Yeah lets not point out why deficits just rapidly increased.... Trump is one of the WORST. Huge deficits during a strong economy and they are the direct result of his policy. The tax cuts flattened revenue and then he lead the way for spending increases with military spending.

No one cares about the debt

Not republicans, not democrats and not one person who has voted for either of those 2 parties.

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government and the debt held by US banks and private investors.

US treasury bonds are a staple of many retirement funds so even though there is debt the interest on those bonds is going to Americans because only about 30% of the debt is held by foreign countries

So the debt isn't really as big of a problem as you think especially since you're like all the other partisan hacks out there who only care about it when the guy you didn't vote for adds to it

Besides that 70% of the debt is made up of intragovernment debt where one part of the government owes money to another part of the government

26%

Quote the whole thing

70 % of the debt if ibtragovernmental OR owned by US banks and private citizens via treasury bonds



Sent from my SM-N960U using Tapatalk

Of the 23.2 trillion owed...17.1 is held by the public and 6.1 is intragovermental.

The Real Owner of the U.S. Debt Will Surprise You

74% or about 17 trillion is public debt

Of that 74% about 5 trillion is held by foreign governments

The remainder of that 74% is owned by various US institutions in pension plans mutual funds and state governments.

 

[Toddsterpatriot]

The real point is that the debt-to-gdp ratio is going down, or at least it was until Trump LOL.... Obama's debt was used to avert a full-blown 1930's style depression. Why we have debt in supposedly Good times under Reagan bush and Trump is another question. What a scam... Only the brainwash makes this mess possible.

Obama's debt was used to avert a full-blown 1930's style depression.

For his first 6 months. What was it used for after the recession ended in June 2009?

 

[francoHFW]

The real point is that the debt-to-gdp ratio is going down, or at least it was until Trump LOL.... Obama's debt was used to avert a full-blown 1930's style depression. Why we have debt in supposedly Good times under Reagan bush and Trump is another question. What a scam... Only the brainwash makes this mess possible.

Obama's debt was used to avert a full-blown 1930's style depression.

For his first 6 months. What was it used for after the recession ended in June 2009?

Mainly unemployment welfare and programs for the victims 8 million unemployed. Great job by the GOP once again. If you like corruption.

 

[Toddsterpatriot]

The real point is that the debt-to-gdp ratio is going down, or at least it was until Trump LOL.... Obama's debt was used to avert a full-blown 1930's style depression. Why we have debt in supposedly Good times under Reagan bush and Trump is another question. What a scam... Only the brainwash makes this mess possible.

Obama's debt was used to avert a full-blown 1930's style depression.

For his first 6 months. What was it used for after the recession ended in June 2009?

Mainly unemployment welfare and programs for the victims 8 million unemployed. Great job by the GOP once again. If you like corruption.

Mainly unemployment welfare and programs for the victims 8 million unemployed.

Obama borrowed $9.3 trillion to pay for 8 million unemployed? DURR

 

[francoHFW]

The real point is that the debt-to-gdp ratio is going down, or at least it was until Trump LOL.... Obama's debt was used to avert a full-blown 1930's style depression. Why we have debt in supposedly Good times under Reagan bush and Trump is another question. What a scam... Only the brainwash makes this mess possible.

Obama's debt was used to avert a full-blown 1930's style depression.

For his first 6 months. What was it used for after the recession ended in June 2009?

Mainly unemployment welfare and programs for the victims 8 million unemployed. Great job by the GOP once again. If you like corruption.

Mainly unemployment welfare and programs for the victims 8 million unemployed.

Obama borrowed $9.3 trillion to pay for 8 million unemployed? DURR

Seven or eight trillion at least. Without having to change any laws or rules beyond the usual. Luckily we had the Democrats to spend it all immediately and not screw around like Republicans would do.

 

[Toddsterpatriot]

The real point is that the debt-to-gdp ratio is going down, or at least it was until Trump LOL.... Obama's debt was used to avert a full-blown 1930's style depression. Why we have debt in supposedly Good times under Reagan bush and Trump is another question. What a scam... Only the brainwash makes this mess possible.

Obama's debt was used to avert a full-blown 1930's style depression.

For his first 6 months. What was it used for after the recession ended in June 2009?

Mainly unemployment welfare and programs for the victims 8 million unemployed. Great job by the GOP once again. If you like corruption.

Mainly unemployment welfare and programs for the victims 8 million unemployed.

Obama borrowed $9.3 trillion to pay for 8 million unemployed? DURR

Seven or eight trillion at least. Without having to change any laws or rules beyond the usual. Luckily we had the Democrats to spend it all immediately and not screw around like Republicans would do.

Seven or eight trillion at least.

$8 trillion divided by 8 million unemployed is $1 million each.
Wow! Obama's economy really did suck.

 

[BrokeLoser]

The US keeps borrowing money, $23T and counting, and that is "unsustainable" as reported by the GAO.
National debt of the United States - Wikipedia

The rest of the world appears to be more responsible.
How do US taxes compare internationally?
View attachment 304081

So to Balance the Budget and start paying down the Debt the US needs to seriously revamp the tax code. Here are my recommendations for a return to fiscal sanity:
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. Cut Spending $625b a year
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b (aka VAT)
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b (stops hi-frequency traders)
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year


D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Social Security will be unable to meet obligations (not technically "bankrupt") in 2034, paying only 79% of owed benefits, while it will be actually bankrupt around 2090.
Social Security fixes:
https://www.fool.com/retirement/2018/05/21/how-warren-buffett-thinks-we-should-fix-social-sec.aspx
https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-security-fixes
https://www.aarp.org/work/social-security/info-05-2012/future-of-social-security-proposals.html

Medicare will be insolvent in 2026
Medicare Fixes:
https://www.fool.com/retirement/general/2016/03/27/7-ways-to-fix-medicare.aspx
https://thehill.com/opinion/healthcare/369151-fix-what-weve-got-and-make-medicare-right-this-year
https://www.nationalaffairs.com/publications/detail/how-to-save-and-fix-medicare
https://www.aarp.org/content/dam/aarp/health/medicare-and-medicaid/2012-05/The-Future-Of-Medicare.pdf

American taxpayers have been FORCED to fund the filth of the world...we have been FORCED to fund and foster Mexico’s human trash...Americans have grown so pussified they have happily accepted their role as ignorant fool...they pay the world to fuck them over and they smile as they take it in the a$$.
Spending is the problem...PERIOD

 

[ThunderKiss1965]

The US keeps borrowing money, $23T and counting, and that is "unsustainable" as reported by the GAO.
National debt of the United States - Wikipedia

The rest of the world appears to be more responsible.
How do US taxes compare internationally?
View attachment 304081

So to Balance the Budget and start paying down the Debt the US needs to seriously revamp the tax code. Here are my recommendations for a return to fiscal sanity:
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. Cut Spending $625b a year
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b (aka VAT)
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b (stops hi-frequency traders)
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year


D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Social Security will be unable to meet obligations (not technically "bankrupt") in 2034, paying only 79% of owed benefits, while it will be actually bankrupt around 2090.
Social Security fixes:
https://www.fool.com/retirement/2018/05/21/how-warren-buffett-thinks-we-should-fix-social-sec.aspx
https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-security-fixes
https://www.aarp.org/work/social-security/info-05-2012/future-of-social-security-proposals.html

Medicare will be insolvent in 2026
Medicare Fixes:
https://www.fool.com/retirement/general/2016/03/27/7-ways-to-fix-medicare.aspx
https://thehill.com/opinion/healthcare/369151-fix-what-weve-got-and-make-medicare-right-this-year
https://www.nationalaffairs.com/publications/detail/how-to-save-and-fix-medicare
https://www.aarp.org/content/dam/aarp/health/medicare-and-medicaid/2012-05/The-Future-Of-Medicare.pdf

How about we stop spending so fucking much ?

 

[francoHFW]

The US keeps borrowing money, $23T and counting, and that is "unsustainable" as reported by the GAO.
National debt of the United States - Wikipedia

The rest of the world appears to be more responsible.
How do US taxes compare internationally?
View attachment 304081

So to Balance the Budget and start paying down the Debt the US needs to seriously revamp the tax code. Here are my recommendations for a return to fiscal sanity:
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. Cut Spending $625b a year
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b (aka VAT)
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b (stops hi-frequency traders)
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year


D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Social Security will be unable to meet obligations (not technically "bankrupt") in 2034, paying only 79% of owed benefits, while it will be actually bankrupt around 2090.
Social Security fixes:
https://www.fool.com/retirement/2018/05/21/how-warren-buffett-thinks-we-should-fix-social-sec.aspx
https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-security-fixes
https://www.aarp.org/work/social-security/info-05-2012/future-of-social-security-proposals.html

Medicare will be insolvent in 2026
Medicare Fixes:
https://www.fool.com/retirement/general/2016/03/27/7-ways-to-fix-medicare.aspx
https://thehill.com/opinion/healthcare/369151-fix-what-weve-got-and-make-medicare-right-this-year
https://www.nationalaffairs.com/publications/detail/how-to-save-and-fix-medicare
https://www.aarp.org/content/dam/aarp/health/medicare-and-medicaid/2012-05/The-Future-Of-Medicare.pdf

American taxpayers have been FORCED to fund the filth of the world...we have been FORCED to fund and foster Mexico’s human trash...Americans have grown so pussified they have happily accepted their role as ignorant fool...they pay the world to fuck them over and they smile as they take it in the a$$.
Spending is the problem...PERIOD

The GOP loves the cheap easily bullied labor and distracting the chumps with tales of Mexicans.

We need a healthy middle class and working class to have a healthy economy. We need to tax the rich and invest in education training and infrastructure.

 

[Brain357]

The US keeps borrowing money, $23T and counting, and that is "unsustainable" as reported by the GAO.
National debt of the United States - Wikipedia

The rest of the world appears to be more responsible.
How do US taxes compare internationally?
View attachment 304081

So to Balance the Budget and start paying down the Debt the US needs to seriously revamp the tax code. Here are my recommendations for a return to fiscal sanity:
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. Cut Spending $625b a year
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b (aka VAT)
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b (stops hi-frequency traders)
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year


D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Social Security will be unable to meet obligations (not technically "bankrupt") in 2034, paying only 79% of owed benefits, while it will be actually bankrupt around 2090.
Social Security fixes:
https://www.fool.com/retirement/2018/05/21/how-warren-buffett-thinks-we-should-fix-social-sec.aspx
https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-security-fixes
https://www.aarp.org/work/social-security/info-05-2012/future-of-social-security-proposals.html

Medicare will be insolvent in 2026
Medicare Fixes:
https://www.fool.com/retirement/general/2016/03/27/7-ways-to-fix-medicare.aspx
https://thehill.com/opinion/healthcare/369151-fix-what-weve-got-and-make-medicare-right-this-year
https://www.nationalaffairs.com/publications/detail/how-to-save-and-fix-medicare
https://www.aarp.org/content/dam/aarp/health/medicare-and-medicaid/2012-05/The-Future-Of-Medicare.pdf

So you want to raise taxes on the poor and middle class? Because that is how the rest of the world has higher taxes.
Are you openly in favor of harming the poor and middle class?

The rich and corporations are the ones who have gotten the big decreases in taxes that have led us to where we are now...

Really?
How does the US corporate tax rate compare?

View attachment 304155

So you are complaining about 21% corporate tax, when Sweden, Denmark, Switzerland, Iceland, Finland, Estonia, UK, and Ireland, all have 22% or lower tax rates.

Why do you think the rest of the world has lower Corporate tax rates? Because it attracts business, which attracts growth, which attracts higher tax revenue, which is exactly why Apple Computer invested $100 Billion into Ireland, instead of the US.

Which is exactly what we have seen, with higher tax revenues since the cut in our corporate tax rate.

Factually sir.. you full of crap. Thanks.

They increased deficits to a trillion you commie. The economy got no spark, trump can’t hit 3%.

 

[Brain357]

The US keeps borrowing money, $23T and counting, and that is "unsustainable" as reported by the GAO.
National debt of the United States - Wikipedia

The rest of the world appears to be more responsible.
How do US taxes compare internationally?
View attachment 304081

So to Balance the Budget and start paying down the Debt the US needs to seriously revamp the tax code. Here are my recommendations for a return to fiscal sanity:
A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. Cut Spending $625b a year
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

US Government Defense Spending History with Charts - a www.usgovernmentspending.com briefing
Current US Defense Spending:
Year Military Veterans Foreign Aid Total Defense
2017 $598.70 billion $178.00 billion $46.30 billion $823.00 billion
2018 $631.20 billion $180.40 billion $49.00 billion $860.50 billion
2019 $684.60 billion $202.10 billion $54.30 billion $941.00 billion
2020 $737.90 billion $219.20 billion $53.10 billion $1.00 trillion

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax +$400b (aka VAT)
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b (stops hi-frequency traders)
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year


D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

Social Security will be unable to meet obligations (not technically "bankrupt") in 2034, paying only 79% of owed benefits, while it will be actually bankrupt around 2090.
Social Security fixes:
https://www.fool.com/retirement/2018/05/21/how-warren-buffett-thinks-we-should-fix-social-sec.aspx
https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-security-fixes
https://www.aarp.org/work/social-security/info-05-2012/future-of-social-security-proposals.html

Medicare will be insolvent in 2026
Medicare Fixes:
https://www.fool.com/retirement/general/2016/03/27/7-ways-to-fix-medicare.aspx
https://thehill.com/opinion/healthcare/369151-fix-what-weve-got-and-make-medicare-right-this-year
https://www.nationalaffairs.com/publications/detail/how-to-save-and-fix-medicare
https://www.aarp.org/content/dam/aarp/health/medicare-and-medicaid/2012-05/The-Future-Of-Medicare.pdf

How about we stop spending so fucking much ?

That trump military increase really pushed up deficits, plus he hurt revenue with his tax cuts.

 

[Flash]

Greedy Moon Bats want higher taxes (for other people) because they think they will get more free stuff.

Moon Bats love to use the government to force other people to pay their bills. Just the kind of greedy assholes they are.

 

[Dick Foster]

Here's the point, the rest of the world's economies are in the tank while ours is surging ever higher. Now which would you rather have the USA of France? If France the answer is simple, don't let the door hit you in the ass.

 

[Brain357]

Here's the point, the rest of the world's economies are in the tank while ours is surging ever higher. Now which would you rather have the USA of France? If France the answer is simple, don't let the door hit you in the ass.

We have no surge, was slower last year. You righties ever use facts?

 

[Brain357]

Greedy Moon Bats want higher taxes (for other people) because they think they will get more free stuff.

Moon Bats love to use the government to force other people to pay their bills. Just the kind of greedy assholes they are.

Greedy? You must mean the huge handouts to the rich that created our huge deficits.