The GOP will double the standard deduction form $12,000 to $24,000! Loss of Deductions?
I agree that the Debt is a huge problem. I want to see huge cuts in spending across the board but whenever the GOP tries to stop the debt spending limit increases, the Democrat Party screams.
Whenever the GOP even try to slow the growth of social program spending, the Democrat party screams.
The only thing that will force their hand to cut spending is when they have to give our money back to the tax payers.
I'm old enough to have lived through many many tax increases, and NEVER do they use that money to cut the debt. They ALWAYS spend more to buy votes.
I'm also old enough to know how many times they have told us how they want to grow the economy, and that the added revenue from the increased GDP growth will help reduce the debt.
Never does this happen. They just spend the added revenue on the insolvent social programs.
We need to cut spending across the board but neither side is interested in doing it because if they do, they will be crucified as hating the poor, or loving the Rich, etc. etc.