Image: CBO: U.S. Federal spending and revenue components for fiscal year 2019. Major expenditure categories are healthcare, Social Security, and defense; income and payroll taxes are the primary revenue sources.
Elizabeth Peek, TheHill and Fox News; in re: Federal govt is $26 trillion in debt; much of it in an effort to [salve] the damage done by the virus. When interest rates rise, the single largest expense in the federal budget will be interest! Read Joe Biden’s climate plan: all about racial equity and union-building (“union” is mentioned 45 times). When Trump was elected, small-business optimism went through the roof because for eight years they’d been encircled by ever-more regulations. It’s the labor-law change every few weeks in New York City. @LizPeek
220: Joe Biden only knows how to talk about g...
The John Batchelor Show