This budget fast tracks huge tax breaks for the wealthy, blows a hole in the deficit and puts Medicare and Medicaid on the chopping block.
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Right now, the Senate is voting on my budget amendment that stops the GOP plan from increasing the deficit with tax breaks for the top.pic.twitter.com/kycZPhREjC
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It’s not right to make Wisconsin working families pay for tax breaks for the top 1% with rising deficits and cuts to Medicare and Medicaid.
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Wisconsin families need a tax break and that's what I'm working for. Read more about my amendment here: https://www.baldwin.senate.gov/press-releases/baldwin-conrad-amendment …
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Thanks for all the hard work
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Of course we can. Not only that, but we have to in order to have net savings in the private sector and be a net importer.
#MathThingpic.twitter.com/9euR9HWyF5
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We don't have to be, but we are currently and it is a good thing for us in general has it increases our real wealth as a nation.
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More important point though is that we don't have to "sell our debt" at all. Bonds are a policy choice, nothing more.
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Look at it from a different perspective. China has $ because they sell up real goods in exchange for $. They can spend or save them, just
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like you and I. They choose to save them. We allow them to save their $ in bonds and earn interest. When due, they have same choice again.
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We can and currently are. That is a policy choice and can be changed. Want to stop selling bonds? Fine by me, call your congressman.
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