@Maltophiliac@MICHEALDECODES@warDaniel47 Nothing, they're idiots that don't know themselves what the hell they're talking about. Just spouting random numbers and claiming it's all part of a plan that never materialises.
BREAKING: The US Treasury posted a -$404 billion budget deficit in October, the largest October deficit in history.
This marks a +$120 billion YoY increase and a +$337 billion surge from October 2024.
This comes as government outlays jumped +$84 billion YoY, to $773 billion, their largest for any October on record.
Defense spending was a major driver, surging +$29 billion YoY, to $129 billion, the largest monthly reading in history.
At the same time, government receipts dropped -$35 billion YoY, to $369 billion.
The US deficit crisis is accelerating.
@joe121572@rjwood48@itsnwts It's not an extra though. It's a net saving for the public. You no longer have to pay 16%-33% on insurance, but do pay 10% instead. That's an extra 6%-23% taken home instead of given to insurance companies.
@joe121572@rjwood48@itsnwts None. The bottom 20% of earners in America pay 33% of their paycheque towards healthcare, middle earners pay around 20% of their paycheque and the top 20% pay on around 16% of their paycheque.
Charge a 10% healthcare tax. Everyone takes home more money + gets healthcare.
@toog416@sfrr024@rjwood48@itsnwts "Or the employer share of payroll and other health taxes (which of course is still largely forgone income for workers), etc. etc."
Guess what - you have that in the USA as well.