Talk of The Villages Florida - View Single Post - The Federal Deficit
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Old 10-26-2019, 11:32 AM
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Originally Posted by cgilcreast View Post
According to this chart, revenue actually went up the past two years but spending was way up. And they want to increase it! We really have a problem with FREEBES.
Federal Receipt and Outlay Summary | Tax Policy Center
Perhaps you could add more data to your post and tell me what FREEBES you believe create the increase in spending or the national debt? And I'd like to see specific numbers and specific programs you'd reduce or eliminate. Social security which most of us here receive is the largest cost to the Federal gov't, and next is Medicare, again which most of us get. We could get real savings by cutting those programs.

After all when we paid into Medicare there were very few of the life extending procedures and drugs which the program now is expected to pay. So the amount we paid in was totally inadequate to cover the benefit we are getting. We are getting a HUGE Freebe. Wait until there is an anti-Alzheimer drug approved. It is coming. And say it is 1000/mo and every senior wants it, every month, for the rest of their life. You didn't pay for that benefit. Do you deserve it or is it a FREEBE? Or that heart transplant from a new heart grown from your own stem cells at 500,000 dollars, to give you a few more years of life? Or is that a FREEBE?

So please come back and tell me what exactly you want to cut. Keep in mind that the Federal gov't spent 0.4 trillion on Welfare in 2018, and spent a greater percent of GDP in almost every year since 1970 than it did in 2018
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