Saturday, 16 November 2024

What Happens In a Trillion-Dollar US Fed Budget Cut?

 Between now and January of 2026....I expect around one-trillion dollars of fed funding to be cut, and some indicators that as we end 2026....it'll be close to 2-trillion cut.

Part of the 'credit' in January 2026....will go to the national debt.  But I would imagine that everyone's tax bill (compared to last year)....will be trimmed by $1,000.  

Those on Social Security?  I think that income will be ALL tax-free.

By January 2027?  National debt will be cut by 35-percent.  

By January 2028?  Whatever tax you paid in 2020....will be $2k to $3k less.  

So here's the thing....if the economy had been turned around.....you were given $2,000 back in taxable income....the banks restored to accountable standards....who would you vote for in 2028?  

Well....Vance of course.  

The Democrats have a problem, which they can't really counter.....working-class people being rewarded.  

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