Tony Katz Today
KATZ: The Spending Deficit Should Terrify You
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The U.S. fiscal deficit has already exceeded last years. Through the first ten months of the fiscal year, we are spending 27% more than the year prior. Tony Katz doesn’t want to ignore this issue. He takes it head on.
“I refuse to listen to Trump idolaters who say everything is alright. This is not alright. We are running right now an 866 billion dollar deficit. This isn’t alright and we can’t go on with it. The issue isn’t that we are not bringing in enough revenue for the government. Revenue for the government doesn’t exist. Spending never gets touched and continues to build. Some things are worth spending on and same things are not.”
Tony Katz says that these numbers should frighten America. If we continue to spend with reckless abandon, then we are not going to be able to protect the country.