What is the biggest cost, who are the biggest Leeches and Blood suckers? The Lefists and their Socialist ideas, the BLM Niggers, the Churches, the Refugee Asylum Seeking Invaders, the Wars, the Bankers, the Commie programs for Government. In FY 2021, interest payments on the national debt are estimated at $378 billion.That's enough to pay for 11 Justice Departments. It's also one of the fastest-growing expenses.By 2030, it will almost double to $665 billion, costing more than Medicaid. It's not a mandatory program, but it must be paid to avoid a U.S. debt default. These estimates will increase if interest rates rise. Washington loses hundreds of billions of dollars annually on spending that most Americans would certainly consider wasteful.
What is the biggest cost, who are the biggest Leeches and Blood suckers? The Lefists and their Socialist ideas, the Hollywood movie studios, the BLM Niggers, the Churches, the Refugee Asylum Seeking Invaders, the Wars, the Bankers, the Commie programs for Government. In FY 2021, interest payments on the national debt are estimated at $378 billion.That's enough to pay for 11 Justice Departments. It's also one of the fastest-growing expenses. By 2030, it will almost double to $665 billion, costing more than Medicaid. It's not a mandatory program, but it must be paid to avoid a U.S. debt default. These estimates will increase if interest rates rise. Washington loses hundreds of billions of dollars annually on spending that most Americans would certainly consider wasteful. Departments that support defense: $228 billion. They include the Department of Veterans Affairs ($93 billion), State Department ($48 billion), Homeland Security ($48 billion), FBI and Cybersecurity ($10 billion), and the National Nuclear Security Administration ($17 billion).The next largest non-military department, Health and Human Services ($96.4 billion) is just above one-tenth of total military spending. Its primary function is to spend mandated benefits for Medicare, Medicaid, and the Affordable Care Act. In FY 2021, interest payments on the national debt are estimated at $378 billion. That's enough to pay for 11 Justice Departments. It's also one of the fastest-growing expenses.By 2030, it will almost double to $665 billion, maybe that evil religious number of 666, that is costing more than Medicaid. It's not a mandatory program, but it must be paid to avoid a U.S. debt default. These estimates will increase if interest rates rise. costs will outpace interest and income by 2034. At that time, Social Security benefits will begin draining the general fund. It also means Congress can no longer "borrow" from the Social Security Trust Fund to pay for other federal programs.Medicare ($722 billion) and Medicaid ($448 billion) are the next largest expenses. Medicare taxes pay for $308 billion of its cost. The rest comes from premiums and the general fund. Child Nutrition, Child Tax Credits, Supplemental Security Income, and Student Loans. Unemployment insurance taxes pay for $43 billion of its cost. Contrary to popular opinion, welfare programs are not the biggest cause of government spending.•Retirement and disability programs for civil servants, the Coast Guard, and the military. Two-thirds of federal expenses must go to mandatory programs such as Social Security, Medicare, and Medicaid.•The United States must pay the interest or risk defaulting on its debt and shaking investors’ faith in its capacity to pay. If it does not, there could be domestic and global economic consequences. At least the Baby Boomers as stupid and Left as they were popped out the Babies? The mandatory budget will cost $2.966 trillion in FY 2021. Mandatory spending is skyrocketing because more baby boomers are reaching retirement age. By 2030, one in five Americans will be older than 65. The future costs will outpace interest and income by 2034. At that time, Social Security benefits will begin draining the general fund. It also means Congress can no longer "borrow" from the Social Security Trust Fund to pay for other federal programs.
Some of the biggest costs on the system were not Welfare but the War in Iraq maybe as high as 4 Trillion even Higher, not millions, not billions whihc is thousands of millions but that's Trillion with a 'T'. The multi billion Dollar banker bailouts under Bush and Obama, a $700 billion bailout and other bail outs for other companies and banks which coudl have added another 2 Trillion. You basically could be sending spacecraft to Alpha Centauri and build cities on the Moon and Mars with the ridiclous ammount of money that was printed. However the bank bailout authorized by Congress wasn’t going to be anywhere near enough to save old rotten dinosaur banks like Goldman Sachs, JP Morgan, Citigroup and Bank of America,
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25691953? ago
What is the biggest cost, who are the biggest Leeches and Blood suckers? The Lefists and their Socialist ideas, the BLM Niggers, the Churches, the Refugee Asylum Seeking Invaders, the Wars, the Bankers, the Commie programs for Government. In FY 2021, interest payments on the national debt are estimated at $378 billion.That's enough to pay for 11 Justice Departments. It's also one of the fastest-growing expenses.By 2030, it will almost double to $665 billion, costing more than Medicaid. It's not a mandatory program, but it must be paid to avoid a U.S. debt default. These estimates will increase if interest rates rise. Washington loses hundreds of billions of dollars annually on spending that most Americans would certainly consider wasteful.
25692022? ago
What is the biggest cost, who are the biggest Leeches and Blood suckers? The Lefists and their Socialist ideas, the Hollywood movie studios, the BLM Niggers, the Churches, the Refugee Asylum Seeking Invaders, the Wars, the Bankers, the Commie programs for Government. In FY 2021, interest payments on the national debt are estimated at $378 billion.That's enough to pay for 11 Justice Departments. It's also one of the fastest-growing expenses. By 2030, it will almost double to $665 billion, costing more than Medicaid. It's not a mandatory program, but it must be paid to avoid a U.S. debt default. These estimates will increase if interest rates rise. Washington loses hundreds of billions of dollars annually on spending that most Americans would certainly consider wasteful. Departments that support defense: $228 billion. They include the Department of Veterans Affairs ($93 billion), State Department ($48 billion), Homeland Security ($48 billion), FBI and Cybersecurity ($10 billion), and the National Nuclear Security Administration ($17 billion).The next largest non-military department, Health and Human Services ($96.4 billion) is just above one-tenth of total military spending. Its primary function is to spend mandated benefits for Medicare, Medicaid, and the Affordable Care Act. In FY 2021, interest payments on the national debt are estimated at $378 billion. That's enough to pay for 11 Justice Departments. It's also one of the fastest-growing expenses.By 2030, it will almost double to $665 billion, maybe that evil religious number of 666, that is costing more than Medicaid. It's not a mandatory program, but it must be paid to avoid a U.S. debt default. These estimates will increase if interest rates rise. costs will outpace interest and income by 2034. At that time, Social Security benefits will begin draining the general fund. It also means Congress can no longer "borrow" from the Social Security Trust Fund to pay for other federal programs.Medicare ($722 billion) and Medicaid ($448 billion) are the next largest expenses. Medicare taxes pay for $308 billion of its cost. The rest comes from premiums and the general fund. Child Nutrition, Child Tax Credits, Supplemental Security Income, and Student Loans. Unemployment insurance taxes pay for $43 billion of its cost. Contrary to popular opinion, welfare programs are not the biggest cause of government spending.•Retirement and disability programs for civil servants, the Coast Guard, and the military. Two-thirds of federal expenses must go to mandatory programs such as Social Security, Medicare, and Medicaid.•The United States must pay the interest or risk defaulting on its debt and shaking investors’ faith in its capacity to pay. If it does not, there could be domestic and global economic consequences. At least the Baby Boomers as stupid and Left as they were popped out the Babies? The mandatory budget will cost $2.966 trillion in FY 2021. Mandatory spending is skyrocketing because more baby boomers are reaching retirement age. By 2030, one in five Americans will be older than 65. The future costs will outpace interest and income by 2034. At that time, Social Security benefits will begin draining the general fund. It also means Congress can no longer "borrow" from the Social Security Trust Fund to pay for other federal programs.
25692169? ago
Some of the biggest costs on the system were not Welfare but the War in Iraq maybe as high as 4 Trillion even Higher, not millions, not billions whihc is thousands of millions but that's Trillion with a 'T'. The multi billion Dollar banker bailouts under Bush and Obama, a $700 billion bailout and other bail outs for other companies and banks which coudl have added another 2 Trillion. You basically could be sending spacecraft to Alpha Centauri and build cities on the Moon and Mars with the ridiclous ammount of money that was printed. However the bank bailout authorized by Congress wasn’t going to be anywhere near enough to save old rotten dinosaur banks like Goldman Sachs, JP Morgan, Citigroup and Bank of America,
25692378? ago
Dirty Cash https://voat.co/v/news/4031280/25691114