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Grim Affiliations
CNBC Television
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "Senate takes first step toward $3.5 trillion reconciliation bill" video.
This will help then a lot more than trumps tax cuts for the rich
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Debt ceiling is irrelevant and it’s not even being used anymore
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@mrjerzheel so? The national debt is pretty meaningless
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@MJMilano7 the government doesn’t need taxes to spend on its initiatives.
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@MJMilano7 by passing the bills. If you have the votes you have the money
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@MJMilano7 the government can afford to pay for any of its agenda items
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@MJMilano7 the government only collects taxes to reduce the amount of money in circulation, it doesn’t actually need the taxes to spend. It creates the money
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@MJMilano7 governments that issue their own sovereign fiat currency can deficit spend. Deficit spending doesn’t necessarily cause inflation. They just printed trillions in relief without inflation going up. None of that relief money was paid for by taxes. They also just added another 25billion to the military budget which takes it to over 900billion a year.
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