Talk of The Villages Florida - View Single Post - How to pay for Texas
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Old 08-29-2017, 05:24 PM
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What would happen? Would the US collapse if it had to balance spending and taxes? Trump's performance regarding this disaster is beinging judged by how much he can deliver with an empty checking account, the same model Bush used with Middle East war and Obama used with financial collapse. Now it's Texas turn. I'm still looking forward to a tax break and lower medical costs (sarcasm). Stock market up, i wonder why. What would happen to market if we balanced the federal budget. That would be a long term good thing but my guess is market would tank badly. Maybe I'm over stating but I can see no way this can turnout well.
They borrow about 25%...over a $ trillion out of a $4 trillion + budget.

What are you going to cut? Welfare is over a $ trillion. The military is over a $ trillion. Healthcare is over a $ trillion. Take 1/3 from each? That's a lot of people losing jobs.