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Author: albaby1 🐝 HONORARY
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Number: of 48485 
Subject: Re: Paying off National Debt
Date: 08/24/2023 10:55 AM
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Too bad it violates the laws of physics that reducing spending, even by a symbolic amount, cannot be part of a solution.

Symbolic amounts don't affect the payment levels. Non-symbolic amounts require cutting Medicare, Social Security, or national defense - which given the current shift in the GOP to a populist party are now so unlikely that they might as well violate the laws of physics.

So in an exercise to try to figure out how much it would cost in new taxes to pay down the national debt in thirty years, it's probably accurate to ignore as trivial the likelihood of spending cuts from current levels.

Albaby
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