Under President Trump, we had 30 trillion in debt financed at 1%.
Under President Biden, we will go up to 50 trillion by the end of his second term at 5% interest! So much of the money coming in will be used just to pay the interest expense.
Thomas Sowell: There are no solutions, just trade-offs.
Baseline Budgeting Every year the federal budget increases by a percentage. So when the Left whines about cuts to programs, they are lying. No program decreases, the most they do is limit the growth.
Thomas Sowell: There are no solutions, just trade-offs.
