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Federal tax revenue for 2014 was $3 trillion. We spent $3.4 trillion.
It's projected to be $3.2 trillion for 2015. We are projected to spend $3.7 trillion.
The 2016 budget proposal assumes $3.5 trillion in revenues but $3.9 in spending. The 2016 revenues would result in a modest surplus if the spending levels for 2014 or 15 were used. So, why? Why insist on another $400 billion added to the debt? What is so important?
$400 billion a year for 10 years is $4 trillion added to the debt. Why do we want that?
It's projected to be $3.2 trillion for 2015. We are projected to spend $3.7 trillion.
The 2016 budget proposal assumes $3.5 trillion in revenues but $3.9 in spending. The 2016 revenues would result in a modest surplus if the spending levels for 2014 or 15 were used. So, why? Why insist on another $400 billion added to the debt? What is so important?
$400 billion a year for 10 years is $4 trillion added to the debt. Why do we want that?
Posted in these groups: 
Budget
Budget
Posted 10 y ago
Responses: 3
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Votes. Establishing a permanent democrat voting base. Making sure the majority of Americans depend upon some sort of gov't assistance. Making every vote personal for every person virtually guarantees a vote for Uncle Santa Claus. Nobody wants to lose their job, not even politicians.
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As additional perspective, $400 billion is 2/3 of the proposed Defense budget for 2016.
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