Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

gratuitous

(82,849 posts)

7. What will they spend that tax break on?

Reply to spanone (Reply #2)

Tue Mar 27, 2018, 11:49 AM

Mar 2018

My guess is buying up the debt the U.S. will be selling. It's a guaranteed investment, they'll get paid back and the Treasury won't have any money to waste on schools or roads or public health. In fact, maybe it's time to cut "entitlements" a little more?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

10 replies

= new reply since forum marked as read

Highlight:

The US needs to borrow almost $300 billion this week [View all] spanone Mar 2018 OP

Well, nobody saw that coming... Wounded Bear Mar 2018 #1

at least the rich folk got a humongous tax break....nothing's free spanone Mar 2018 #2

Mind over matter... Wounded Bear Mar 2018 #3

What will they spend that tax break on? gratuitous Mar 2018 #7

Maybe the Russians will buy it this time around. greatauntoftriplets Mar 2018 #4

What are you suggesting? former9thward Mar 2018 #5

Let me put it this way. The cash flow picture will look bleak soon blake2012 Mar 2018 #9

Borrowing more and more money to give it to the wealthiest. Makes a lot of sense! Doodley Mar 2018 #6

It's high due to tax refund season. FarCenter Mar 2018 #8

No, its high because of the cycles of T-bills maturing and being paid blake2012 Mar 2018 #10