Discover and read the best of Twitter Threads about #nationaldebt

Most recents (5)

Now that the US owes 23 trillion in debt, let’s take a look at how we got here and who got us here.

Here’s a list of the number of days it took to get to the next trillion dollar mark in debt and who was President during that time frame:
#SaturdayThoughts
#NationalDebt
#NationalDebt
From $5 trillion to $6 trillion
2,195 days, Clinton and Bush, 2/26/02

From $6 trillion to $7 trillion
688 days, Bush, 1/15/04

From $7 trillion to $8 trillion
644 days, Bush, 10/18/2005

From $8 trillion to $9 trillion
682 days, Bush, 8/31/07
From $9 trillion to $10 trillion
396 days, Bush, 9/30/08

From $10 trillion to $11 trillion
167 days, Bush and Obama, 3/16/09

From $11 trillion to $12 trillion
245 days, Obama, 11/16/09

From $12 trillion to $13 trillion
197 days, Obama, 6/1/10
Read 12 tweets
Most of my posts are focused on local and State of Colorado issues, since I am running for State Senate. However, I just came across this information from an article off Bloomberg.com @business
The highlights of the article about Trump's corporate tax cuts?
"The federal government will have to borrow an added $1 trillion through 2027 to pay for the corporate tax breaks."

because the breaks are not creating more revenue and economic expansion as explained here:
"real test of their effectiveness is whether lower rates encourage companies to invest more in things like factories, equipment and innovation. Such investment would both boost growth immediately and increase the economy’s productive capacity in the longer term...
Read 8 tweets
Wow

Where to even start

First, you’re not speaker any more

And your party’s “ideas” were so soundly rejected during the midterm elections that you lost an historic 40 seats

But let’s go a little deeper. Let’s look at Trump’s “accomplishments” and see if we are “better off”
With Trump and the GOP gutting the ACA and fighting Medicaid expansion, people who pay for healthcare are certainly #NotBetterOff

But healthcare and drug companies, and people that own them, sure are. Just ask your friend Chris Collins.

healthaffairs.org/do/10.1377/hbl…
The millions adversely affected by the #GOPTaxScam are #NotBetterOff

On the other hand, all the companies and wealthy CEOs who used the tax cut to buy back stocks and become richer were probably thrilled

npr.org/2019/02/14/693…
Read 11 tweets
1) #WAKEUP Libs trying to rig, steal, & stack voting to steal elections w/ #HR1
2) #HR1
6 to 1 match to any individual donation for congressional or presidential
$200 individual = $1200 of taxpayer money
3) #HR1

Establishes a new voucher pilot program grants eligible voters $25 of gov money to donate to any candidate.
Read 14 tweets
Trump: Day 525
-119th Day at a Trump Golf Club
-162nd Day at a Trump Property
-May Use SCOTUS Pick 2 Defy Probe
-Recvd $1B Loans From Kennedy Son
-Seeks 2 Pull Troops From Germany
-Conned by Prank Calling Comedian
-11,869 Minors Now In HHS Custody
Add...
Day 630 since Donald Trump admitted to sexual assault — yet he’s still in the Oval Office
Add...
Day 482 of NO EVIDENCE produced by Trump that his phones were tapped by Obama. #fakenews #TrumpLies
Read 59 tweets

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