Post #5400 by bighairymike on the US Policy board

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So in an exercise to try to figure out how much it would cost in new taxes to pay down the national debt in thirty years, it's probably accurate to ignore as trivial the likelihood of spending cuts from current levels.

Albaby

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I would thrilled if they could tread water for thirty years and not pay down anything. Heck, I would be thrilled if the trend line is half the incline it has been on. Instead, the readily accepted excuse is the problem is just too big to try to solve, so keeping spending and let the good times roll.

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