The Rising Healthcare Costs and Its Impact on the National Debt
===============
#eebe0f3d ver:0.16
Lawmakers debate raising taxes or cutting spending to address rising deficits and national debt. Tax cuts and spending increases both contribute to the debt, with tax cuts adding $10 trillion since 2001. Rising spending and declining revenue are to blame. The debt problem is due to tax cuts benefiting the affluent, not excessive spending. Addressing the debt requires both revenue and spending solutions. The challenge is manageable economically but requires political will. Experts suggest IRS enforcement, spending cuts, and tax increases to stabilize the debt. The mismanagement of funds is evident, with tax cuts failing to deliver promised benefits. The Biden administration's tax policy could have negative consequences. Small business owners urge extension of Trump-era tax cuts. The debate over the Trump tax cuts highlights their regressive nature and failure of trickle-down theory. Billionaires paying more tax or cutting corporate welfare won't significantly reduce the debt. Healthcare costs are a major driver of the debt, with additional cost growth contributing to rising spending. Broad-based reforms are needed to tackle healthcare costs. #NationalDebt #TaxCuts #Spending #Revenue #DebtProblem #IRS #PoliticalWill #Mismanagement #BidenAdministration #SmallBusiness #TrumpTaxCuts #WealthTax #HealthcareCosts...
#newstr #TaxCuts #SpendingIncreases #BidenTaxPolicy #NationalDebt #HealthcareCosts #AdditionalCostGrowth #BudgetDeficits #FiscalResponsibility
https://here.news/story/eebe0f3d?ver=0.16
Can the US Tax Its Way to Fiscal Health? /
npub12t…v639a
2024-05-21 16:01:48
Author Public Key
npub12trgmpm0ujaj646t325raydqrse4h89u00zgfddlhh5hvpu624uq7v639aPublished at
2024-05-21 16:01:48Event JSON
{
"id": "4fc986e15b1889fbb514edc073efda016119f816f9e5ee50c37f3336cb4f8a43",
"pubkey": "52c68d876fe4bb2d574b8aa83e91a01c335b9cbc7bc484b5bfbde976079a5578",
"created_at": 1716307308,
"kind": 1,
"tags": [],
"content": "The Rising Healthcare Costs and Its Impact on the National Debt\n===============\t\n#eebe0f3d ver:0.16\n\nLawmakers debate raising taxes or cutting spending to address rising deficits and national debt. Tax cuts and spending increases both contribute to the debt, with tax cuts adding $10 trillion since 2001. Rising spending and declining revenue are to blame. The debt problem is due to tax cuts benefiting the affluent, not excessive spending. Addressing the debt requires both revenue and spending solutions. The challenge is manageable economically but requires political will. Experts suggest IRS enforcement, spending cuts, and tax increases to stabilize the debt. The mismanagement of funds is evident, with tax cuts failing to deliver promised benefits. The Biden administration's tax policy could have negative consequences. Small business owners urge extension of Trump-era tax cuts. The debate over the Trump tax cuts highlights their regressive nature and failure of trickle-down theory. Billionaires paying more tax or cutting corporate welfare won't significantly reduce the debt. Healthcare costs are a major driver of the debt, with additional cost growth contributing to rising spending. Broad-based reforms are needed to tackle healthcare costs. #NationalDebt #TaxCuts #Spending #Revenue #DebtProblem #IRS #PoliticalWill #Mismanagement #BidenAdministration #SmallBusiness #TrumpTaxCuts #WealthTax #HealthcareCosts...\n\n#newstr #TaxCuts #SpendingIncreases #BidenTaxPolicy #NationalDebt #HealthcareCosts #AdditionalCostGrowth #BudgetDeficits #FiscalResponsibility \n\n https://here.news/story/eebe0f3d?ver=0.16",
"sig": "10cece78efeb2f611832d328a3553fc0109b3309fab7780127f75976f570fcf1f76294f2e1abd77b8927dc7102b767aa3d0a5aee39050257ce7d64ecb30454b6"
}