toad.social

Loki the CatHouse slashes solar, wind & EV tax credits while adding $3.4T to the deficit - nothing says "fiscal responsibility" like a July 4th fireworks show funded by future taxpayers! 🎆 The 218-214 vote prioritizes yesterday's energy over tomorrow's planet.<a href="https://news.slashdot.org/story/25/07/03/1849252/house-passes-bill-that-slashes-solar-wind-and-ev-tax-credits" rel="nofollow noopener" translate="no" target="_blank">https://news.slashdot.org/story/25/07/03/1849252/house-passes-bill-that-slashes-solar-wind-and-ev-tax-credits</a><a href="https://toot.community/tags/CleanEnergy" class="mention hashtag" rel="nofollow noopener" target="_blank">#CleanEnergy</a> <a href="https://toot.community/tags/TaxPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#TaxPolicy</a> <a href="https://toot.community/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a>

2ndLifeMediaBarricade Fencing at White House and Treasury: the End of the American Dollar<a href="https://newmexicoconservativenews.com/2025/06/28/barricade-fencing-at-white-house-and-treasury-the-end-of-the-american-dollar/" rel="nofollow noopener" translate="no" target="_blank">https://newmexicoconservativenews.com/2025/06/28/barricade-fencing-at-white-house-and-treasury-the-end-of-the-american-dollar/</a><a href="https://mastodon.world/tags/2ndlifemedia" class="mention hashtag" rel="nofollow noopener" target="_blank">#2ndlifemedia</a> <a href="https://mastodon.world/tags/newmexicoconservativeenews" class="mention hashtag" rel="nofollow noopener" target="_blank">#newmexicoconservativeenews</a> <a href="https://mastodon.world/tags/KRAZYARadio" class="mention hashtag" rel="nofollow noopener" target="_blank">#KRAZYARadio</a> <a href="https://mastodon.world/tags/Kalhradio" class="mention hashtag" rel="nofollow noopener" target="_blank">#Kalhradio</a> <a href="https://mastodon.world/tags/ConservativeVoices" class="mention hashtag" rel="nofollow noopener" target="_blank">#ConservativeVoices</a> <a href="https://mastodon.world/tags/AlamogordoTownNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#AlamogordoTownNews</a> <a href="https://mastodon.world/tags/bitcoinnews" class="mention hashtag" rel="nofollow noopener" target="_blank">#bitcoinnews</a> <a href="https://mastodon.world/tags/currency" class="mention hashtag" rel="nofollow noopener" target="_blank">#currency</a> <a href="https://mastodon.world/tags/deficitspending" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficitspending</a> <a href="https://mastodon.world/tags/federalbudget" class="mention hashtag" rel="nofollow noopener" target="_blank">#federalbudget</a> <a href="https://mastodon.world/tags/maga" class="mention hashtag" rel="nofollow noopener" target="_blank">#maga</a> <a href="https://mastodon.world/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#trump</a> <a href="https://mastodon.world/tags/conspiracies" class="mention hashtag" rel="nofollow noopener" target="_blank">#conspiracies</a>

E RosalieA firebrand State Department political appointee proposed using American taxpayer money to support French far-right leader Marine Le Pen as she appeals her embezzlement conviction, according to two State Department officials. <a href="https://infosec.exchange/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a> <a href="https://www.politico.eu/article/us-state-department-adviser-proposed-funding-french-far-right-marine-le-pen-appeal/" rel="nofollow noopener" translate="no" target="_blank">https://www.politico.eu/article/us-state-department-adviser-proposed-funding-french-far-right-marine-le-pen-appeal/</a>

Bytes EuropeOPNION: California’s economy is just limping along. Why is Newsom always boasting? | Open <a href="https://www.byteseu.com/1105419/" rel="nofollow noopener" translate="no" target="_blank">https://www.byteseu.com/1105419/</a> <a href="https://pubeurope.com/tags/Budget" class="mention hashtag" rel="nofollow noopener" target="_blank">#Budget</a> <a href="https://pubeurope.com/tags/California" class="mention hashtag" rel="nofollow noopener" target="_blank">#California</a> <a href="https://pubeurope.com/tags/CaliforniaHousingShortage" class="mention hashtag" rel="nofollow noopener" target="_blank">#CaliforniaHousingShortage</a> <a href="https://pubeurope.com/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a> <a href="https://pubeurope.com/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Economics</a> <a href="https://pubeurope.com/tags/economies" class="mention hashtag" rel="nofollow noopener" target="_blank">#economies</a> <a href="https://pubeurope.com/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#economy</a> <a href="https://pubeurope.com/tags/Employment" class="mention hashtag" rel="nofollow noopener" target="_blank">#Employment</a> <a href="https://pubeurope.com/tags/GovernmentBudgetBalance" class="mention hashtag" rel="nofollow noopener" target="_blank">#GovernmentBudgetBalance</a> <a href="https://pubeurope.com/tags/macroeconomics" class="mention hashtag" rel="nofollow noopener" target="_blank">#macroeconomics</a> <a href="https://pubeurope.com/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#unemployment</a>

Eric MaugendreGovernment "deficit spending" is the nation-state creating money (out of thin air) and exchanging it.The payroll tax (FICA) does not fund Social Security or Medicare. Like all other federal agencies, those agencies are funded by dollars created on purpose by the government (using laws from Congress) and placed in their accounts by the Treasury.<a href="https://mas.to/tags/FederalDeficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#FederalDeficit</a> <a href="https://mas.to/tags/fiatMoney" class="mention hashtag" rel="nofollow noopener" target="_blank">#fiatMoney</a> <a href="https://mas.to/tags/deficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficitSpending</a> <a href="https://mas.to/tags/moneyIssuance" class="mention hashtag" rel="nofollow noopener" target="_blank">#moneyIssuance</a> <a href="https://mas.to/tags/moneyCreation" class="mention hashtag" rel="nofollow noopener" target="_blank">#moneyCreation</a> <a href="https://mas.to/tags/monetaryTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#monetaryTheory</a> <a href="https://mas.to/tags/quotes" class="mention hashtag" rel="nofollow noopener" target="_blank">#quotes</a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficit</a> <a href="https://mas.to/tags/CentralBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#CentralBank</a> <a href="https://mas.to/tags/CentralBanks" class="mention hashtag" rel="nofollow noopener" target="_blank">#CentralBanks</a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#Treasury</a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a>

Eric Maugendre“The government can always finance its spending by creating money.” ~Hyman Minsky, economist<a href="https://mas.to/tags/fiatMoney" class="mention hashtag" rel="nofollow noopener" target="_blank">#fiatMoney</a> <a href="https://mas.to/tags/deficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficitSpending</a> <a href="https://mas.to/tags/moneyIssuance" class="mention hashtag" rel="nofollow noopener" target="_blank">#moneyIssuance</a> <a href="https://mas.to/tags/moneyCreation" class="mention hashtag" rel="nofollow noopener" target="_blank">#moneyCreation</a> <a href="https://mas.to/tags/monetaryCreation" class="mention hashtag" rel="nofollow noopener" target="_blank">#monetaryCreation</a> <a href="https://mas.to/tags/monetaryTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#monetaryTheory</a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener" target="_blank">#slogan</a> <a href="https://mas.to/tags/quotes" class="mention hashtag" rel="nofollow noopener" target="_blank">#quotes</a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficit</a> <a href="https://mas.to/tags/Fed" class="mention hashtag" rel="nofollow noopener" target="_blank">#Fed</a> <a href="https://mas.to/tags/CentralBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#CentralBank</a> <a href="https://mas.to/tags/CentralBanks" class="mention hashtag" rel="nofollow noopener" target="_blank">#CentralBanks</a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#Treasury</a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a>

Megaphone :verified:Rep. Thomas Massie (R-KY), known for his staunch fiscal conservatism, is making it clear: he’s a firm <a href="https://lgbt.earth/discover/tags/NO?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#NO</a> on the <a href="https://lgbt.earth/discover/tags/Republican?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Republican</a> <a href="https://lgbt.earth/discover/tags/debt?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#debt</a> plan. In a C-SPAN interview, <a href="https://lgbt.earth/discover/tags/Massie?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Massie</a> dismantles the party’s own talking points, revealing that even under the most optimistic assumptions, the proposal adds hundreds of billions to the <a href="https://lgbt.earth/discover/tags/deficit?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#deficit</a> in the coming years. According to Massie, leadership’s numbers show a $328 billion increase in 2025 alone—with no real plan to control spending beyond vague promises of future restraint. Having served in <a href="https://lgbt.earth/discover/tags/Congress?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Congress</a> for 12 years, Massie has seen multiple so-called “10-year plans” under <a href="https://lgbt.earth/discover/tags/Boehner?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Boehner</a> and <a href="https://lgbt.earth/discover/tags/Ryan?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Ryan</a>—none of which ever played out as promised. He remains skeptical that this time will be any different. With the deficit skyrocketing and fiscal responsibility on the line, Massie’s message is clear: empty promises won’t fix <a href="https://lgbt.earth/discover/tags/America?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#America</a>’s <a href="https://lgbt.earth/discover/tags/economic?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#economic</a> future. <a href="https://lgbt.earth/discover/tags/ThomasMassie?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#ThomasMassie</a> <a href="https://lgbt.earth/discover/tags/FiscalResponsibility?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#FiscalResponsibility</a> <a href="https://lgbt.earth/discover/tags/DeficitSpending?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a> <a href="https://lgbt.earth/discover/tags/DebtCrisis?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#DebtCrisis</a> <a href="https://lgbt.earth/discover/tags/NoMoreDebt?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#NoMoreDebt</a> <a href="https://lgbt.earth/discover/tags/GOP?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#GOP</a> <a href="https://lgbt.earth/discover/tags/RepublicanParty?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#RepublicanParty</a> <a href="https://lgbt.earth/discover/tags/Congress?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Congress</a> <a href="https://lgbt.earth/discover/tags/StopSpending?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#StopSpending</a> <a href="https://lgbt.earth/discover/tags/CSPAN?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#CSPAN</a> <a href="https://lgbt.earth/discover/tags/PoliticalAccountability?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#PoliticalAccountability</a> <a href="https://lgbt.earth/discover/tags/GovernmentWaste?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#GovernmentWaste</a> <a href="https://lgbt.earth/discover/tags/NationalDebt?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#NationalDebt</a> <a href="https://lgbt.earth/discover/tags/DebtCeiling?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#DebtCeiling</a> <a href="https://lgbt.earth/discover/tags/BudgetBattle?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#BudgetBattle</a> <a href="https://lgbt.earth/discover/tags/DCPolitics?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#DCPolitics</a> <a href="https://lgbt.earth/discover/tags/TruthMatters?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#TruthMatters</a> <a href="https://lgbt.earth/discover/tags/PoliticsUnfiltered?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#PoliticsUnfiltered</a>

Scissors Cut Paper...The math does not lie - Rep. David Schweikert (R-AZ) shows his work

Jakob Steffen<a href="https://sciences.social/@RePEc_NEP_PBE" class="u-url mention" rel="nofollow noopener" target="_blank">@RePEc_NEP_PBE</a> '... each country's <a href="https://sciences.social/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#debt</a> history and specific characteristics, circumstances, and events have an overwhelming importance that cannot be encapsulated in a single general law. Research should concentrate on the former and abandon the pursuit of the latter.' <a href="https://sciences.social/tags/FiscalPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#FiscalPolicy</a> <a href="https://sciences.social/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a> <a href="https://sciences.social/tags/PublicFinances" class="mention hashtag" rel="nofollow noopener" target="_blank">#PublicFinances</a> /ends

DrBob, Neurologist, 🧠MechanicWho did you say is good for the <a href="https://vmst.io/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#Economy</a>?Trump approved $8.4 trillion of new ten-year borrowing during his full term in office, or $4.8 trillion excluding the CARES Act and other COVID reliefBiden, in his first three years and five months in office, approved $4.3 trillion of new ten-year borrowing, or $2.2 trillion excluding the American Rescue Plan<a href="https://vmst.io/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> approved $8.8 trillion of gross new borrowing and $443 billion of <a href="https://vmst.io/tags/Deficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#Deficit</a> reduction during his termPresident <a href="https://vmst.io/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#Biden</a> has so far approved $6.2 trillion of gross new borrowing and $1.9 trillion of deficit reduction<a href="https://vmst.io/tags/voteblue" class="mention hashtag" rel="nofollow noopener" target="_blank">#voteblue</a> <a href="https://vmst.io/tags/deficitspending" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficitspending</a> <a href="https://www.crfb.org/papers/trump-and-biden-national-debt?stream=top" rel="nofollow noopener" translate="no" target="_blank">https://www.crfb.org/papers/trump-and-biden-national-debt?stream=top</a>

Michael ☕️Fair question. <a href="https://mas.to/tags/USPolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USPolitics</a> <a href="https://mas.to/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a> <a href="https://mas.to/tags/GOPBaitAndSwitch" class="mention hashtag" rel="nofollow noopener" target="_blank">#GOPBaitAndSwitch</a> <a href="https://mas.to/tags/GOPHypocrisy" class="mention hashtag" rel="nofollow noopener" target="_blank">#GOPHypocrisy</a> <a href="https://mas.to/tags/VoteBlue2024" class="mention hashtag" rel="nofollow noopener" target="_blank">#VoteBlue2024</a>

Michael ☕️Republicans all say they oppose deficit spending. Democrats are the only ones who actually do something about it. <a href="https://mas.to/tags/VoteBlue2024" class="mention hashtag" rel="nofollow noopener" target="_blank">#VoteBlue2024</a> <a href="https://mas.to/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a> <a href="https://mas.to/tags/USPolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USPolitics</a> <a href="https://mas.to/tags/USBudgetDeficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#USBudgetDeficit</a>

Michael ☕️<a href="https://mstdn.social/@gcblasing" class="u-url mention" rel="nofollow noopener" target="_blank">@gcblasing</a> Hey, <a href="https://mastodon.online/@msnbc" class="u-url mention" rel="nofollow noopener" target="_blank">@msnbc</a> , remember there wouldn't be a deficit without Trump/GOP tax cuts for billionaires. <a href="https://mas.to/tags/USPolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USPolitics</a> <a href="https://mas.to/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a>

Yankee DoodleThe only thing worse than a tax-and-spend liberal is a borrow-and-spend conservative. As unpopular as taxes may be, the liberals, at the very least, provide a funding plan.Conservatives, in contrast, shift the tax burden to future generations.Anyone who believes conservatives spend less than liberals hasn’t paid attention to historical American deficit spending.Fiscal conservatism, at the American federal level, is a myth.Photo from the A-Mark Foundation’s article “US Federal Deficits or Surpluses by US President from FY 1981-2021”: <a href="https://amarkfoundation.org/us-federal-deficits/" rel="nofollow noopener" translate="no" target="_blank">https://amarkfoundation.org/us-federal-deficits/</a>Keep in mind that the American Congress sets fiscal budgets that are (usually) approved by the President.<a href="https://universeodon.com/tags/Liberals" class="mention hashtag" rel="nofollow noopener" target="_blank">#Liberals</a> <a href="https://universeodon.com/tags/Conservatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#Conservatives</a> <a href="https://universeodon.com/tags/Taxes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Taxes</a> <a href="https://universeodon.com/tags/DeficitSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#DeficitSpending</a> <a href="https://universeodon.com/tags/FiscalConservatism" class="mention hashtag" rel="nofollow noopener" target="_blank">#FiscalConservatism</a> <a href="https://universeodon.com/tags/Myth" class="mention hashtag" rel="nofollow noopener" target="_blank">#Myth</a> <a href="https://universeodon.com/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Politics</a>

Orange Coast HuddleMSM needs to do a better job sharing this type of information. <a href="https://mastodon.world/tags/BidenWin" class="mention hashtag" rel="nofollow noopener" target="_blank">#BidenWin</a> <a href="https://mastodon.world/tags/Deficitspending" class="mention hashtag" rel="nofollow noopener" target="_blank">#Deficitspending</a>

Mark DunkU.S. will hit its debt limit Thursday, start taking steps to avoid default, Yellen warns Congress<a href="https://www.cnbc.com/2023/01/13/us-will-hit-its-debt-limit-thursday-start-taking-steps-to-avoid-default-yellen-warns-congress.html" rel="nofollow noopener" target="_blank">https://www.cnbc.com/2023/01/13/us-will-hit-its-debt-limit-thursday-start-taking-steps-to-avoid-default-yellen-warns-congress.html</a><a href="https://mastodon.education/tags/yellen" class="mention hashtag" rel="nofollow noopener" target="_blank">#yellen</a> <a href="https://mastodon.education/tags/debtceiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#debtceiling</a> <a href="https://mastodon.education/tags/congress" class="mention hashtag" rel="nofollow noopener" target="_blank">#congress</a> <a href="https://mastodon.education/tags/government" class="mention hashtag" rel="nofollow noopener" target="_blank">#government</a> <a href="https://mastodon.education/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#debt</a> <a href="https://mastodon.education/tags/deficitspending" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficitspending</a>

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