Debt-Free US Treasury Forecast

2 Responses to Debt-Free US Treasury Forecast

1. Bob G says:

   October 23, 2025 at 2:47 am

   In my opinion it’s certainly not Trump’s fault. balancing the Federal budget and even reducing the budget would be easy – just adopt the Tim Penny plan from 30 years ago, later adopted by Rand Paul. it’s practically painless. But it hasn’t happened because neither the Republicans nor the Democrats want to reduce spending. have a look at today’s budget impasse. the Democrats want to spend 1.5 trill….. the Republicans say no. the government shutdown will probably end with a compromise of… let’s spend $750 billion dollars more, that we don’t have…. then everybody will go home for the Thanksgiving break and be happy. But sadly the end result is more of our tax dollars are peed away.

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2. Bob G says:

   October 23, 2025 at 2:51 am

   Here is a short explanation of the Penny plan. ” The term “Tim Penny Plan” refers to a deficit reduction proposal named after Timothy Penny that has been adapted by others, most notably by Rand Paul, into various “Penny Plans”. The core concept is a gradual, across-the-board spending cut of one penny for every dollar of federal spending. The original idea was for Congress to decide which programs to cut to achieve this goal, while some modern versions, like Paul’s Six Penny Plan, propose specific annual percentage reductions over a set number of years to balance the budget. “. Tim Penny was no conservative …but…he was an honorable moderate congressman from southeast Minnesota a couple decades ago.

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