I’m guessing a huge percentage of that increase went into Trump family pockets and pockets of their ultra-rich supporters.
Fun fact: We pay $2.6 BILLION dollars every 24 hours, just to SERVICE the debt.
Man, I would service a lot more for a lot less
They said efficiency. They never said in what direction
Yeah, the government is now highly efficient at funneling wealth to the top 5%.
I may lose my health insurance next year when premiums double or triple because of the republicans and the healthcare industries greed.
We are all in serious trouble and the media and the right are completely ignoring all the signs of the imminent collapse.
Just some $100.000 per citizen, right?
Wild.
Wow, yeah. Could you even imagine, if every US citizen had $100,000 in the bank?
Instead 15 individuals have around $2.6 trillion between them and the bottom 78% of Americans are struggling to afford groceries.
Sources:
https://www.forbes.com/forbes-400/
https://www.forbes.com/advisor/banking/living-paycheck-to-paycheck-statistics-2024/
If you work a 40 hour week, your share of the national debt is going up at like 3 dollars every hour you work
Was just updated on the treasury site to $38,008,137,064,951.61. How shocking.
Capitalism working as intended, rich people getting richier, poor people getting poorer, workers getting exploited more and more every day
Doge was a cover for Elon to stop the investigations into his companies, and also a data theft.
Turns out that 19 year old Big Balls doesn’t know how to balance a check book. Go figure.
“BREAKING” is right. He’s breaking our fucking country.
Just another episode of “republicans try to solve problem by making it worse”
The South Africans own america now.
They want to reimplement apartheid. Justice Clarence is going to vote it in costing him his own seat, and ICE will enforce it.
We are in the darkest timeline
The E stood for Elimination.
Excretion.
It sure is expensive for something that’s eliminated.
I’ve always found the elimination of my stuff to be incredibly expensive.
Fun fact- several of the contracts DOGE canceled were “preferential purchasing” contracts. Basically, the government knows it will be ordering pens, paper, computers, and all the other bullshit out there. So supply companies pitch contracts that say ‘for every thing on this random list that you buy, we will sell it to you for X% under market rate, but you have to purchase the first however many hundred or thousand from us, or until you reach some amount of money.’ And they pitch prices based on current market rates, even though they know these contracts are locked in for 5+ years some times and simply have some basic 2-3% yearly increase built in.
It’s a win-win. The government gets to save you shit loads of tax dollars on things they were going to buy anyways, and some company is now doing massive volumes of buisness and pumping out jobs.
Then DOGE comes in and cancells all of the contracts and claims they ‘saved’ the amount the contract amount was for. Ignoring that the government was going to buy those things anyways. And now we have no way to purchase things. So contracts get hastily redone at post inflation prices, plus everyone is now padding their numbers, because ‘if they canceled the last contracts on a whim, why won’t the do the same again? And we have to make our profit.’
So now we have to pay a shit load more for everything all because DOGE wanted to claim they were saving us money.
Yeah, but have you considered that feelings don’t care about your facts?
I already know it’s a shit show. Thanks to you I now know it’s an even bigger shit show ❤️
There was a really nice budget breakdown by Senator Sheldon Whitehouse, he printed it all up on giant cards and showed it on the floor, I wish I could find it again.
Basically, the Republican tax cuts from three months ago alone account for a 10 year increase of 4.6 Trillion in added deficit, raise to 5.5 when you consider the federal government has to take out loans, and if the new budget goes through that goes up again to over 7 Trillion. Now, that gets offset by about… nothing, because DOGE only managed to cut federal employees whom in total including congress only account for 4.3% of the budget, and at the same time it disrupted operations which generated revenue when Trump cut over 200 government programs earlier in the year and also cut IRS staff and funding which by the IRS own estimate will cost an additional 500Bn loss in revenue THIS YEAR.
Now, the big pieces of meat that make up the majority of the budget are:
Mandatory Spending $4.1 Trillion: Social Security, Medicare, Medicaid, Income Security, and Other security including Civillian and Millitary Retirement Benefits
Discretionary Spending of $1.8 Trillion: Nondefense spending such as Veterans Benefits, Education, Transportation, and certain income security programs
And then add on a Net Interest from Loans the government has taken out to extend government operations of $881 Billion Dollars
So you can’t cut social security, you can’t cut medicare, you can’t cut medicaid, and you can’t cut defense. Where the fuck does the savings come from? The answer is it doesn’t. The Trump admin is bankrupting the federal government by giving out the biggest tax breaks in the history of the nation, and that’s the end of it.
