{"id":30680,"date":"2018-02-08T11:47:59","date_gmt":"2018-02-08T16:47:59","guid":{"rendered":"http:\/\/olduvai.ca\/?p=30680"},"modified":"2018-02-08T11:47:59","modified_gmt":"2018-02-08T16:47:59","slug":"is-washington-nuts-increasing-spending-and-cutting-taxes-will-explode-the-size-of-the-national-debt","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=30680","title":{"rendered":"Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt"},"content":{"rendered":"<div class=\"post-headline\">\n<h3><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/is-washington-nuts-increasing-spending-and-cutting-taxes-will-explode-the-size-of-the-national-debt\">Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt<\/a><\/h3>\n<\/div>\n<div class=\"post-bodycopy clearfix\">\n<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/is-washington-nuts-increasing-spending-and-cutting-taxes-will-explode-the-size-of-the-national-debt\/budget-deal-public-domain\" rel=\"attachment wp-att-13489\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-13489\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/02\/Budget-Deal-Public-Domain-460x307.jpg\" sizes=\"auto, (max-width: 460px) 100vw, 460px\" srcset=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/02\/Budget-Deal-Public-Domain-460x307.jpg 460w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/02\/Budget-Deal-Public-Domain-300x200.jpg 300w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/02\/Budget-Deal-Public-Domain-768x512.jpg 768w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/02\/Budget-Deal-Public-Domain-425x283.jpg 425w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/02\/Budget-Deal-Public-Domain-400x267.jpg 400w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/02\/Budget-Deal-Public-Domain.jpg 960w\" alt=\"\" width=\"460\" height=\"307\" \/><\/a>Our national debt is rapidly approaching 21 trillion dollars, and yet Congress wants to follow up a large tax cut bill with a massive increase in federal spending.\u00a0 This is absolute madness, and it is going to make our long-term financial problems as a nation far worse.\u00a0 After passing the tax bill, the appropriate thing to do would have been to cut federal spending.\u00a0 Yes, that would have not been a positive thing for the economy in the short-term, but we must start addressing our long-term priorities.\u00a0 If we do not do something about this exploding national debt, it could potentially destroy our republic all by itself.<\/p>\n<p>Earlier today, I was absolutely horrified when I learned of a budget deal in the Senate that would increase federal spending <a title=\"by about 200 billion dollars\" href=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2018\/02\/07\/pelosi-oppose-sweeping-budget-deal-over-lack-protections-dreamers\/312085002\/\" target=\"_blank\" rel=\"noopener\">by about 200 billion dollars<\/a> in each of the next two years\u2026<\/p>\n<blockquote>\n<p class=\"speakable-p-1 p-text\">The Senate\u2019s Republican and Democratic leaders unveiled a sweeping two-year budget agreement on Wednesday that would increase federal spending by hundreds of billions of dollars on domestic and defense programs alike.<\/p>\n<p class=\"speakable-p-2 p-text\">That deal would eliminate strict budget caps, set in 2011 to reduce the federal deficit, and would allow Congress to spend about $200 billion more in the current fiscal year and in fiscal year 2019.<\/p>\n<\/blockquote>\n<p>Seriously?<\/p>\n<p>Our federal debt is going to hit 21 trillion dollars some time this year, and they want to throw hundreds of billions of dollars more spending on top of what we are already doing?<\/p>\n<p>This alone is why we need true conservatives all over the nation <a title=\"to run for Congress\" href=\"https:\/\/www.michaelsnyderforcongress.com\/\" target=\"_blank\" rel=\"noopener\">to run for Congress<\/a>.\u00a0 Our endless greed is literally destroying the bright future that our children and our grandchildren were supposed to have.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt Our national debt is rapidly approaching 21 trillion dollars, and yet Congress wants to follow up a large tax cut bill with a massive increase in federal spending.\u00a0 This is absolute madness, and it is going to make our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[195,14713,1782,15298,12588,15299,15300,3461,15303,6069,15304,15305,15306,1866,6061,317,15307,4901,6231,549,15309,15310,11960,12026,8645,14726],"class_list":["post-30680","post","type-post","status-publish","format-standard","hentry","category-economics","tag-debt","tag-debt-slaves","tag-debt-spiral","tag-debt-based-currency","tag-debt-based-financial-system","tag-debt-based-money","tag-debt-free","tag-debts","tag-depressions","tag-economic-collapse-blog","tag-economic-pain","tag-economic-problems","tag-endless-debt","tag-federal-reserve-act","tag-financial","tag-financial-system","tag-fix-the-economy","tag-michael-snyder","tag-michael-t-snyder","tag-national-debt","tag-shut-down-the-federal-reserve","tag-shut-it-down","tag-the-fed","tag-the-federal-reserve","tag-the-u-s-dollar","tag-u-s-national-debt"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30680"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30680\/revisions"}],"predecessor-version":[{"id":30681,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30680\/revisions\/30681"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}