Recent discussions and legislative activities in the U.S. Senate have spotlighted the country's escalating debt crisis and contentious spending practices. The national debt surpassed $34 trillion on Jan. 4, with a notable increase of $3 trillion in the past 365 days alone. This rapid growth in debt has been attributed to various factors, including the approval of $60 billion in more discretionary spending and the contentious inclusion of earmarks in government funding bills. One such bill, the #SchumerMinibus, has been criticized for allocating $90 million to a trust fund aimed at enhancing property values in Nancy Pelosi's San Francisco neighborhood, Presidio Terrace, despite Biden's administration adding $6 trillion to the debt since taking office. This move has sparked debate among lawmakers, with 14 Senate Republicans voting to close debate on the bill, and some attempting to remove the 6,600 earmarks costing more than $12 BILLION. However, their efforts were opposed, highlighting a divide on fiscal responsibility and opposition to what they view as wasteful spending on political pet projects amidst a record deficit.
The U.S. national debt is nearly $35 TRILLION. That’s about $6.5 TRILLION more than it was when Biden took office. Here’s an even more disturbing figure: Since January 2023, the national debt has grown by more than $3 TRILLION. Democrats' reckless spending MUST BE STOPPED.
How quickly the US is adding to debt levels...unsustainable https://t.co/m98FsanjmH
Biden's claim he cut the deficit challenged as false https://t.co/KC2pqhnQAH
Biden's claim he cut the deficit challenged as false He made several false and misleading statements, but, you know, that's nothing new," former U.S. Comptroller General says. Read more ⬇️ https://t.co/aYNBRZ5mqP
To put things into perspective: It took Uncle Sam 232yrs to accumulate its first $10tn in debt, 9yrs to accumulate its second, and 5yrs to reach its third. The trip from $33 to $34tn in debt was a short one, requiring only 3mths, from Sep to Dec of 2023, Strategas has calculated. https://t.co/TMvfztNEVw
Why did 15 Senate Republicans oppose @SenRickScott’s motion to strip earmarks from the #SchumerMinibus? This seems odd considering that (a) the Senate Republican Conference has a policy in opposition to earmarks, and (b) earmarks fuel huge deficits. https://t.co/WpAY6gZgOQ
.@ScottforFlorida made a motion to strip all 6,000+ earmarks from the #SchumerMinibus. Senate Republicans have a policy AGAINST earmarks. And yet many Republicans opposed the motion. Nearly every Senate Republican who opposed it is a member of the Appropriations Committee.
Our national debt is nearly $35 TRILLION, we can't afford to waste money on political pet projects. We MUST get our fiscal house in order for American families before it’s too late. https://t.co/JVW59IJkf2
Senate Republicans joined forces with their Democratic counterparts to vote against legislation that would have removed earmark funding in the first of two government funding bills, further signaling that the once-dead practice is likely here to stay. https://t.co/EWfQe8B81r
Tonight, I led the fight to strip this $90 million gift to Pelosi & the other 6,600 earmarks in this bill that will cost taxpayers more than $12 BILLION and Democrats voted against it. I won't support more earmarks, debt & the inflation both cause. You deserve better. I voted no… https://t.co/VvEIGq8pxy
Democrats voted against my amendment to strip this $90 million gift to Pelosi & the other 6,600 earmarks in this bill that will cost taxpayers more than $12 BILLION. I won't support more earmarks, debt & the inflation both cause. You deserve better. I voted no on this bad bill. https://t.co/VvEIGq8pxy
I won’t stand by and greenlight this abuse of taxpayer funds. We must put an end to Washington’s toxic spending habits. I voted no. https://t.co/P4OoUclHKO
Senate Republicans join Democrats to nix legislation to remove earmarks from government funding bill https://t.co/g47UiLBPOO
It is not normal to see the Treasury department go a year-plus without a single paydown month. Total debt is up to $34 trillion, and it will continue to march higher as each month brings more net issuance. https://t.co/y1A6EUTnBV
#1 - Joe Biden's State of the Union Lies: “My administration cut the deficit by $1.7 trillion.” The truth: Biden has added $6 trillion to the debt since he took office. https://t.co/bIewFnphhC
🚨 Democrats don’t want you to know this: This “minibus” is a HUGE gift to Nancy Pelosi with your taxpayer dollars. It has $90M to expand a slush fund for Presidio Park, which is right next to Pelosi’s house in San Francisco. This park already received $200M in the Democrat’s…
When I first got elected we were $21 Trillion in debt and now we are $34 TRILLION in debt. That’s not the path forward for America. We have to cut spending in Washington and the House is the place to do it. @TeamCavuto via @FoxBusiness 🔊 ⬇️ https://t.co/lxlfmaugyC
Since March 7 of last year, our national debt has gone up $3,000,000,000,000. Your eyes didn't deceive you — that's 12 zeros. $3 TRILLION in the past 365 days. I won't stop sounding the alarm about our intensifying fiscal nightmare. https://t.co/eE8KmEUqwP
Americans don’t want to pay $90 million for the #PelosiParadise. Tell your senators to oppose the #SchumerMinibus—especially if your senators were among the 14 Republicans who helped Democrats close debate. https://t.co/DQv6E1HQr1
The #SchumerMinibus would put $90 MILLION—provided by U.S. taxpayers—into a trust fund to enhance property values in Nancy Pelosi’s exclusive San Francisco neighborhood, Presidio Terrace. So why, exactly, did 14 Senate Republicans vote to close debate on this bill? https://t.co/qxe1fIkFBy
Those voting in favor of $60 billion in more discretionary spending with a record deficit and $34 trillion in debt are complicit in the very endless Washington spending that is destroying our economy. Congress has a duty to spend taxpayer money responsibly. Do these examples…
Tell your senators to OPPOSE CLOTURE on the #SchumerMinibus — at least until the Dems allow us to vote on GOP amendments being blocked by Dems.
The Senate is voting now on my motion to table the “tree-filling amendment” used by Democrats to block GOP amendments to the #SchumerMinibus. https://t.co/3VNaYIfMFN
The debt surpassed $34 trillion on Jan. 4. Financial analysts are noting the speed at which the country’s debt burden has been growing — a stark acceleration that could carry significant implications for the economy. https://t.co/519KbXVUyC https://t.co/SWPfcLuU67
Biden's deficit lie in a nutshell: Trump 2018: 0.8 trillion 2019: 1 trillion Biden 2022: 1.4 trillion 2023: 1.7 trillion How does he get his claim of massive deficit reduction? He compares his current numbers to the years of peak Covid spending. Let us examine how cynical…