Subject: Re: How Deficits Work...
We need more revenues - 1pg

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Take in a new dollar, spend that new dollar plus another dime. This is not the road to prosperity. Like I said earlier, I have no problem with new revenue so long as it is accompanied with iron clad caps on spending growth at a level less than revenue growth with the difference going toward debt reduction, not new programs. Want a new program, fine, cancel or cutback on an old one. Not every good idea needs to be funded when we have to borrow money from China to do it.

How about clawing back all the unspent Covid relief money. Billions were allocated to upgrade and replace the HVAC system in all the schools in the country. Not sure that work was ever started to any appreciable degree but it certainly was not even close to completed. Budget it for one thing and spend it on another has to stop.