Politicians, no matter the political party, borrow and spend
Posted By RichC on May 22, 2025
Democrats don’t want you to see what they are doing when they spend your taxdollars (and borrow more) … while Republicansl try to convince you that the Federal government needs to increase spending now and in order to cut spending later.
BTW, the U.S. House passed the Trump backed One Big Beautiful Bill today.
Key Points
- House passes Trump’s tax-and-spending bill, a major win for Trump and House Speaker Mike Johnson.
- Bill extends expiring tax cuts, creates new ones, and cuts spending on Medicaid and nutrition assistance.
- Bill includes changes to SALT cap and Medicaid work requirements
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