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![]() ![]() ![]() Section 4: National Subject: Deficit / Debt Ceiling Msg# 1187149
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Image below from Jim Matthews - Image Title: Debt by Administration Uploaded: 5/25/2023 Image Info: Which party spends / borrows more? ![]() The issue we have now with the debt ceiling involves money already spent. We need to start working NOW on next year's budget based upon anticipated revinues. We need to either determine that we are going to live with our income, reduce spending, increase borrowing, or increase taxes. Our so called leaders need to make these decisions now so that we will be prepared for a debt ceiling situation like we are having now and it's resolution will already be build into the butget. This is a major item required by the Constitution and both parties should take it seriously. We should run our budget like any responsible business or family.
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