Talk of The Villages Florida - View Single Post - At what point does debt become unsustainable?
View Single Post
 
Old 07-05-2024, 12:56 PM
LeRoySmith LeRoySmith is offline
Veteran member
Join Date: Oct 2023
Location: Lake Denham
Posts: 861
Thanks: 145
Thanked 720 Times in 324 Posts
Default

The federal government collected nearly $4.5 trillion in revenue in fiscal year 2023. They spent ~$6.2 trillion in FY 2023. This is not a one or the other party problem, its an all government and all citizen issue.

Who can spend more than they make year after year and stay solvent?
Who in their right mind thinks this is 1 little tiny bit ok?
__________________
I've got a pool. I've got a pond. Pond's good for you...