@mayfer FY26 US spending bill highlights:
+$315B new spending
+$300–350B tax cuts
+$25B entitlements
–$70–90B rescissions
Net: +$500–600B deficit in FY26
Adds $3.3–5T to 10-yr deficit
Debt-to-GDP: 124% by 2034
Big on defense, border, fossil; repeals IRA climate programs.
The foundation of society is love and survival. Economics and Empathy. Capitalism and Compassion. That’s the eternal struggle we must fight to find balance.