Comments by "Federalist Papers" (@federalistpapers4523) on "'Let's Be Real': Drew Ferguson Calls Out President Biden Over Remarks On Social Security" video.

  1. Operating a nation on borrowed funds is the polar opposite of fiscal responsibility.
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  2. Spending more than income brought our national debt to $34.47 Trillion. We've borrowed $2 Trillion since July 2023. Fiscal responsibility is non-existent today.
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  3. Spending in excess of income, results in debt. If I ran my budget like DCs, I'd have to borrow $450,000 this year to cover unnecessary spending.
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  4. Of course, I wouldn't borrow $75 Billion +$45 Billion more in 2024 to give Ukraine, without repayment required by Ukraine, either.
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  5. ​ @bigperm3853  Huh? Not true. The TCJA increased tax revenue FY 2020 as the biggest one year increase since 1977. TCJA paid for itself.
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  6. Congressional Budget Office (CBO) estimates that government revenue rose by 18 percent in 2021 — the biggest one-year increase since 1977 under the TCJA. The TCJA didn't increase spending one bit.
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  7.  @bigperm3853  The highest occurrence of foreclosures since 2008 is happening. Bidenomics are awesome!
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