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Showing posts with the label 39 billion Dollars. Government Waste

How Much Money Are You Paying for Trump’s Wasteful Spending?

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39  Op-ed by TheWiseOldFart        The numbers I am going to give you may sound ludicrous and unbelievable. However, I want you to understand that they come from the GAO and other federal accounting offices. You may think that when I talk about “taxpayer money,” I am referring to income tax. This is far from the truth. We all pay federal taxes on gasoline, tobacco, alcohol, and airline tickets. These are known as excise taxes. Trump is using your money for his personal benefit while destroying our nation’s floundering economy. 3 BILLION DOLLARS EVERY DAY The national debt has been rising steadily under Trump’s failed fiscal policy. It was about 36 trillion dollars in January of 2025, and is now nearing 39 trillion. It is also interesting that over that same period of time, the number of oligarchs in America has risen from 902 to 989. I ask: has your income increased dramatically over that time? Accounting for Greedflation and the effects of Trump’...