want to break it down, it will determine the state of our economy in weeks and months and years ahead. first we need to look at the constitution. let s take a look. who is responsible for spending and borrowing? raising taxes, is it the president? obviously not, article i section 8: the first part of that. it is not a suggestion. it is not ambiguous this say choir power that legislature has, when you look at history, back to britain and the parliament with the king. this was something that the framers of your constitution looked at, they wanted this power not to be with the king or this presidency they created or executive branch. they are supposed to execute the laws passed by congress, they gave this power to congress, to the people who are directly electioned in congress. senator of the time chosen by state legislators and house chosen by the people, you, we the people have some say so over the finances of our country. do you feel that way today? this is explicit. we don
want to break it down, it will determine the state of our economy in weeks and months and years ahead. first we need to look at the constitution. let s take a look. who is responsible for spending and borrowing? raising taxes, is it the president? obviously not, article i section 8: the first part of that. it is not a suggestion. it is not a ambiguous this say choir power that legislature has, when you look at history, back to britain and the parliament with the king. this was something that the framers of your constitution looked at, they wanted this power not to be with the king or this presidency they created or executive branch. they are supposed to execute the laws passed by congress, they gave this power to congress, to the people who are directly electioned in congress. senator of the time chosen by state legislators and house chosen by the people, you, we the people have some say so over the finances of our country. do you feel that way today? this is explicit. we d
that is the problem. in 2023, the national debt up to now, april is 31.46 trillion dollars. trillion. in 2022 the federal government collected a total of 4.9 trillion. but federal government spent 6.22 trillion under joe biden, that is 1.38 trillion dollar debt. 1.38 trillion. added to the debt. between 2021 and 2031, a 10 year period. biden will increase debt over 10 years by 6 trillion dollars. more than projected before he came into office. from 2024 to 2033 biden s borrowing causes interest costs to increase to stunning 10.2 trillion
that is the problem. in 2023, the national debt up to now, april is 31.46 trillion dollars. trillion. in 2022 the federal government collected a total of 4.9 trillion. but federal government spent 6.22 trillion under joe biden, that is 1.38 trillion dollar debt. 1.38 trillion. added to the debt. between 2021 and 2031, a 10 year period. biden will increase debt over 10 years by 6 trillion dollars. more than projected before he came into office. from 2024 to 2033 biden s borrowing causes interest costs to increase to stunning 10.2 trillion