Talk of The Villages Florida - View Single Post - How to pay for all this new debt
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Old 04-11-2020, 07:01 AM
biker1 biker1 is offline
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We don't funnel "trillions to foreign countries in aid". The entire Federal budget is about $4.4 trillion. The foreign aid budget is about $50 billion per year or about 1% of the Federal budget.

I don't see how the coronavirus relief bill can come from the existing budget. The bill has a price tag of $2 trillion (not sure if all of it will be spent). Again, the current annual Federal budget is about $4.4 trillion and has a deficit.

Quote:
Originally Posted by bmit16 View Post
If you have been paying attention, you would have heard the President state about a month ago that the money was coming from the existing budget. Instead of funneling trillions to foreign countries in aid, he redirected that money to the American people. We are not giving our usual aid to all the foreign countries that do not support us. He actually is spending less on us during this time then we spend on foreign aid in a month. So, the budget will be fine and the future even better for balancing since under this administration we will not be wasting money propping up our enemies. The MSM has not reported this since he initially said it. Imagine that!

Last edited by biker1; 04-11-2020 at 07:26 AM.