The “New Normal” is now $6 Trillion in Federal Spending
Have you seen President Biden’s 2022 budget proposal? It features $6 trillion in federal spending. And you thought spending would go back to “normal” after the pandemic. Welcome to the new normal. Which is really an awful lot like the old normal. The...Reminder: When government borrows money, it eventually has to be paid back. And it's not going to be pretty. @mmaharrey10th#truth #nationaldebt #economy #libertarian #constitution #10thAmendment pic.twitter.com/Vz0DeXJ8VQ
— TenthAmendmentCenter (@TenthAmendment) May 6, 2021
Taxing Our Future Selves
The U.S. Treasury Department upped its estimate of the amount of money the federal government will need to borrow in the second quarter of this year. And not just by a little. People need to remember that borrowed money has to be paid back. Reminder: When government...Reminder: Big government isn't free. Yeah, that *should* be pretty obvious.... @mmaharrey10th#truth #nationaldebt #taxes #constitution #libertarian pic.twitter.com/F3IRwKkc7a
— TenthAmendmentCenter (@TenthAmendment) April 27, 2021
Tax Increases Are a Natural Extension of Big Government
Joe Biden announced a plan for big increases in capital gains taxes last week. Republicans have united in opposition to the tax hikes as well they should. But they need to realize that they are part of the problem because they have supported much of the big spending....When we talk about "budget deficits," we're really talking about growth in government that hasn't even been paid for. But it will be - either through taxes (theft) or inflation. Or both. @mmaharrey10th pic.twitter.com/HJmBHJpslY
— TenthAmendmentCenter (@TenthAmendment) April 15, 2021