Question: What does the federal budget deficit cost each U.S. taxpayer?
Answer: It depends on the size of the budget deficit. The smaller the deficit, the greater the cost to U.S. taxpayers.
However most politicians want you to think the opposite is true. They want you to think that the more money the U.S. government creates out of thin air, and gives to you, the more it costs you.
Each year the U.S. President submits a budget proposal to Congress, which then modifies the proposal according to politics. How many dollars shall the U.S. government create out of thin air, and who shall get the loot?
On 4 March 2015, Republican Luke Messner of Indiana introduced H.R. 1315, which will require the President’s budget proposal to include an estimate of how much the U.S. budget deficit will cost each taxpayer.
Republicans do this every year. And because of what I said above, all such estimates would be total lies, since the U.S. government does not get its money from taxes. The only cost to taxpayers comes from deficit reduction, also known as austerity.
On 20 Oct 2015, Messer’s bull passed the U.S. House by a voice vote, meaning that no record was kept of how each Congressman voted. It’s a sneaky trick usually employed by Republicans. The bill now sits in the U.S. Senate. Will it pass the Senate? Maybe. Will Obama sign it? Unknown. Republicans do this every year, but so far they haven’t gotten away with it.
It’s all designed to make you think that the U.S. government runs on loans and on tax revenue.
Speaking of the federal budget, on 16 March 2016 the House Budget Committee released its own proposal for how many dollars shall be created out of thin air, and who will get those dollars.
The Budget Committee is dominated by Republicans, who want to cut money for average Americans, and increase money for war and for weapons makers (who pay bribes and kickbacks to politicians).
All Democrats voted against it. All but two Republicans voted for it. (Reps. Dave Brat of Virginia and Marlin Stutzman of Indiana.)
Rep. Debbie Dingell (Democrat, Michigan) introduced an amendment to provide emergency funds to address the water crisis in Flint, Michigan. Republicans rejected it. (“F–k those niggers! Let them die of lead poisoning!”)
Rep. Ted Lieu (Democrat, California) introduced an amendment to increase spending to ensure safe drinking water and prevent childhood lead exposure nationwide. Republicans rejected it. (“F–k American kids! Let them die of lead poisoning!”)
Rep. Jim McDermott (Democrat, Washington State) introduced an amendment to maintain the Medicare program as it currently exists. Republicans rejected it. (“F–k that! We want to privatize Medicare!”)
Rep. Michelle Lujan Grisham (Democrat, New Mexico) introduced an amendment to reduce prescription drug prices. Republicans rejected it. (“F–k the sick! They don’t pay us bribes or kickbacks!”)
Rep. Seth Moulton (Democrat, Massachusetts) introduced an amendment to boost Veterans Affairs funding. Republicans rejected it. (“F–k veterans! They’re disposable!”)
Rep. John Yarmuth (Democrat, Kentucky) introduced an amendment to raise the minimum wage to $12 per hour. Republicans rejected it. (“F–k lower-paid workers! They don’t pay us bribes or kickbacks!”)
Rep. Chris Van Hollen (Democrat, Maryland) introduced an amendment to prevent cuts to Social Security. Republicans rejected it. (“F–k Social Security recipients! They don’t pay us bribes or kickbacks!”)
Rep. Mark Pocan (Democrat, Wisconsin) introduced an amendment to lower student debt by refinancing student loans. Republicans rejected it. (“F–k that! Student loans are a bonanza for the big banks!”)
Rep. Barbara Lee (Democrat, California) introduced an amendment to limit the use of Overseas Contingency Operation funding. Republicans rejected it. This is an open-ended river of money that is ostensibly used to fight America’s endless wars, but no one knows how many trillions of dollars it creates, or where the loot goes. Republicans love it.)
Fortunately this is only a resolution; a proposal for Fiscal Year 2017, which will begin on 1 Oct 2016.
The Republican proposal (if enacted) will slash money for Medicaid, while increasing money for the military and for weapons makers. It will slash most domestic programs that are funded each year by Congress. Sixty percent of all cuts will hit programs for the poor, which make up 28 percent of domestic spending.
The Republican proposal will raise the eligibility age for Medicare to 67, and will transform Medicare into a voucher-like system for future retirees.
The voucher system is a stealth means of privatizing Medicare, and it is a long-time Republican dream. Paul Ryan is big on it. With it, the federal government does not pay the providers of medical care directly. Instead, the government gives you a check, and tells you to go shopping for private medical care. The check is not nearly enough to cover your medical expenses, and it shrinks every year. According to the Congressional Budget Office, in the first year, a voucher check would on average be worth $700 less per person than what Medicare covers today. Seven years later, vouchers would be worth $2,200 less. And by 2050, they would be worth $8,000 less per person, per year. Meanwhile the cost of healthcare would continue to skyrocket.
Naturally Republicans claim that turning Medicare over to private insurance companies will generate efficiencies. That’s the standard Republican lie. Whatever you privatize, you turn over to the profit motive, which means ever-higher prices for ever-shrinking services. Corporations get richer, and you get poorer. That’s Republican “efficiency.”
Republicans get away with their evil because average Americans want it. Average Americans know that the U.S. government can “print” infinite money,” and yet average Americans pretend that that the U.S. government is “broke.” Therefore Republicans say that Average Americans must die in order to reduce the federal budget deficit — and average Americans believe it! Even people who oppose cuts to Medicare believe it. They agree that we must reduce the federal budget deficit. Democrats do too, but they want to reduce the deficit by increasing taxes on average Americans.