Derec
Contributor
I was agreeing with you about the budget being difficult to cut without draconian measures. So take the W.Okay, take out the line item veto, Derec. What gets cut?Sure. But the fact that 13% of the budget is interest payments - same as Medicare and Defense - shows that we can't afford to have sky-high deficits indefinitely.
No matter what AOC and other MMT (modern monetary theory aka magic money tree) disciples keep preaching.
But the first rule of being in a hole is to stop digging. Dems have proposed huge spending packages such as the $3.5T B3. If Kamala gets the Congress she will no doubt try to pass a version of it - an even bigger one probably, given that she is now proposing an even more generous child tax credit than even Biden did.