Underground Usa

Raising The Debt Ceiling Is Still Deficit Spending

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Sinopse

Before I get into this morning's segment on The Captain's America: Third Watch with Matt Bruce, I wanted to elaborate a little bit more about Kevin McCarthy’s spending bill and the other spending that Congress seems so capable of doing.We shouldn't be happy with the McCarthy bill that went through the House because it still raises the debt ceiling and it still spends beyond our means. We are nowhere close to spending within our means regarding the revenue stream that goes to the federal government.The engine for acquiring that revenue scheme is antiquated and needs to be completely overhauled and reformed. As it is, we are just racking up debt that will never be paid off, not in the lifetimes of our great-great-grandchildren, if at all.Another thing to keep an eye on is legislation coming down the tube that has to do with controlling your money.A Central Bank Digital Currency (CBDC) is a very bad idea. It gives the federal government full control over your money. They can shut it off with the flip of a switch