Saturday, November 23, 2024

How To Cut $2 Trillion Of Fat From The Federal Budget

"A goal of $2 trillion of budget savings is crucial to the very future of Constitutional democracy and capitalist prosperity in America." - Quoth the Raven - By David Stockman, Brownstone Institute
  • For want of doubt, just recall this sequence. When Ronald Reagan was elected in 1980 on a call to bring the nation’s inflationary budget under control, the public debt was $1 trillion.
  • By the time Donald Trump was elected the first time it had erupted to $20 trillion, which has now become $36 trillion. 
  • And under current built-in spending and tax policies it will hit $60 trillion by the end of the current 10-year budget window...

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