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Unconstitutional debt and future generations | News, Sports, Jobs


Judge Andrew P. Napolitano
Earlier this week, President Joseph R. Biden Jr. asked Congress to raise taxes and increase borrowing so his administration can spend $2.3 trillion on top of the $1.9 trillion Congress authorized two months ago for so-called COVID relief for thousands of projects he calls “infrastructure.” All this is in addition to the $2 trillion that the government borrows annually these days just to make ends meet.
These are serious numbers of dollars, the repayment of which will have seriously unpleasant consequences for future generations of Americans. Indeed, under Biden’s administration, the feds will borrow three times what they collect in taxes. This is not a new phenomenon, but it exacerbates the modern trend of spend now and pay later. ....

United States , Donald Trump , Andrewp Napolitano , Georgew Bush , Woodrow Wilson , James Madison , Josephr Biden Jr , Thomas Jefferson , Alexander Hamilton , Supreme Court , Creators Syndicate , First National Bank , Second National Bank , President Joseph , Treasury Secretary Alexander Hamilton , Old Joe , World War , Unconstitutional Debt And Future Generationsother Commentaries , Unconstitutional Debt And Future Generations , ஒன்றுபட்டது மாநிலங்களில் , டொனால்ட் துருப்பு , வூட்ரோ வில்சன் , ஜேம்ஸ் மாடிசன் , தாமஸ் ஜெஃபர்சன் , அலெக்சாண்டர் ஹாமில்டன் , உச்ச நீதிமன்றம் ,

Unconstitutional national debt could cripple America's future


Andrew P. Napolitano
Special to the USA TODAY Network
Earlier this week, President Joseph R. Biden Jr. asked Congress to raise taxes and increase borrowing so his administration can spend $2.3 trillion on top of the $1.9 trillion Congress authorized two months ago for so-called COVID relief for thousands of projects he calls infrastructure. All this is in addition to the $2 trillion that the government borrows annually these days just to make ends meet.
These are serious numbers of dollars, the repayment of which will have seriously unpleasant consequences for future generations of Americans. Indeed, under Biden s administration, the feds will borrow three times what they collect in taxes. This is not a new phenomenon, but it exacerbates the modern trend of spend-now-and-pay-later. ....

United States , Donald Trump , Andrewp Napolitano , Georgew Bush , Woodrow Wilson , James Madison , Josephr Biden Jr , Thomas Jefferson , Alexander Hamilton , Supreme Court , First National Bank , Second National Bank , President Joseph , Treasury Secretary Alexander Hamilton , Old Joe , World War , ஒன்றுபட்டது மாநிலங்களில் , டொனால்ட் துருப்பு , வூட்ரோ வில்சன் , ஜேம்ஸ் மாடிசன் , தாமஸ் ஜெஃபர்சன் , அலெக்சாண்டர் ஹாமில்டன் , உச்ச நீதிமன்றம் , முதல் தேசிய வங்கி , இரண்டாவது தேசிய வங்கி , ப்ரெஸிடெஂட் ஜோசப் ,

Unconstitutional Debt and Future Generations


Unconstitutional Debt and Future Generations
Earlier this week, President Joseph R. Biden Jr. asked Congress to raise taxes and increase borrowing so his administration can spend $2.3 trillion on top of the $1.9 trillion Congress authorized two months ago for so-called COVID relief for thousands of projects he calls “infrastructure.” All this is in addition to the $2 trillion that the government borrows annually these days just to make ends meet.
These are serious numbers of dollars, the repayment of which will have seriously unpleasant consequences for future generations of Americans. Indeed, under Biden’s administration, the feds will borrow three times what they collect in taxes. This is not a new phenomenon, but it exacerbates the modern trend of spend now and pay later. ....

United States , Donald Trump , James Madison , Georgew Bush , Alexander Hamilton , Woodrow Wilson , Thomas Jefferson , Josephr Biden Jr , Supreme Court , First National Bank , Second National Bank , President Joseph , Treasury Secretary Alexander Hamilton , Old Joe , World War , ஒன்றுபட்டது மாநிலங்களில் , டொனால்ட் துருப்பு , ஜேம்ஸ் மாடிசன் , அலெக்சாண்டர் ஹாமில்டன் , வூட்ரோ வில்சன் , தாமஸ் ஜெஃபர்சன் , உச்ச நீதிமன்றம் , முதல் தேசிய வங்கி , இரண்டாவது தேசிய வங்கி , ப்ரெஸிடெஂட் ஜோசப் , கருவூலம் செயலாளர் அலெக்சாண்டர் ஹாமில்டன் ,