Sen. Warner: Neither Party Has ‘Any Credibility on Responsible Debt Reduction’

[libertybele]

Sen. Warner: Neither Party Has ‘Any Credibility on Responsible Debt Reduction’

When asked to predict when the federal government will pay off the $3.78 trillion debt accumulated so far this fiscal year, Senator Mark Warner (D-Va.) said neither the Democrats nor the Republicans have any credibility “on responsible debt reduction.”

At the U.S. Capitol on Thursday, CNS News asked Senator Warner, “In the fiscal year 2020, the federal debt has increased by $3.78 trillion. When do you predict that the government will pay off this year’s debt?

Sen. Warner replied, “As somebody who has spent years working on this issue, I think both political parties have lost any credibility on responsible debt reduction.”

The fiscal year runs from October 1 through September 30. At the close of the 2019 fiscal year on September 30, 2019, the national debt was $22,719,402,000,000. On August 4, 2020, the national debt was $26,503,236,000,000.

That is an increase of $3,783,834,000,000 in a little less than one fiscal year.

The current federal deficit, according to the Daily Treasury Statements, has already surpassed the predicted amount for fiscal year 2020. ............

https://www.cnsnews.com/article/washington/andrew-davenport/sen-warner-neither-party-has-any-credibility-responsible-debt

[LegalAmerican]

He needs to shut up.  DEMON-RAT.  I remember him in his 'hay day'.  azzhole.

[catfish1957]

He needs to shut up.  DEMON-RAT.  I remember him in his 'hay day'.  azzhole.

???????

I can't stand dims either, but explain please how anything he said above in this interview is incorrect?

[DB]

???????

I can't stand dims either, but explain please how anything he said above in this interview is incorrect?

It is LA LA LA LA LA I can't hear you...

Truth be damned.

[kevindavis007]

???????

I can't stand dims either, but explain please how anything he said above in this interview is incorrect?

@catfish1957


I don't like him, but he is right.

[roamer_1]

@catfish1957


I don't like him, but he is right.

PRECISELY.

[AL]

I don't like any Dem, but at least this one sees a problem that the government seems to ignore.  The federal government needs reduced in size and scope as a first step.  Any Bureau, agency, commission, etc. that exists with a duplicate mission in all 50 states needs reduced down to a reporting agency.  Government need to refuse recognition of any organized labor in government.  Contract everything out where possible.

[Bigun]

For so long as we have fiat money that can be created out of thin air NOTHING is ever going to change!

Kill the FED! Kill the Marxist Income tax and it's handmaiden IRS!

[jmyrlefuller]

I don't like any Dem, but at least this one sees a problem that the government seems to ignore.  The federal government needs reduced in size and scope as a first step.  Any Bureau, agency, commission, etc. that exists with a duplicate mission in all 50 states needs reduced down to a reporting agency.  Government need to refuse recognition of any organized labor in government.  Contract everything out where possible.

Furthermore, the number of people who pay nothing into the system must be reduced. If we are going to ease the burden we have put onto ourselves, we have to spread it across as many people as possible. Putting the burden solely on "the rich" is part of the reason we ended up in the mess we're in: too many are getting benefits and too few are paying in to cover them.

[libertybele]

For so long as we have fiat money that can be created out of thin air NOTHING is ever going to change!

Kill the FED! Kill the Marxist Income tax and it's handmaiden IRS!

   Thank you tricky "Dick".

[LegalAmerican]

I don't like any Dem, but at least this one sees a problem that the government seems to ignore.  The federal government needs reduced in size and scope as a first step.  Any Bureau, agency, commission, etc. that exists with a duplicate mission in all 50 states needs reduced down to a reporting agency.  Government need to refuse recognition of any organized labor in government.  Contract everything out where possible.

Nope.  POTUS already on it and has been doing that.  Reducing size etc and duplicate agency's.  I listen to him, when he speaks.

[sneakypete]

This is funny coming from a man whose whole career was based on voting for pork to the US Navy.

[DCPatriot]

This is funny coming from a man whose whole career was based on voting for pork to the US Navy.

Stupid Virginia voters thought John Warner and Elizabeth Taylor were his parents. 

How else can you explain his political career?

[sneakypete]

Stupid Virginia voters thought John Warner and Elizabeth Taylor were his parents. 

How else can you explain his political career?

@DCPatriot

The only thing I could figure was Republican Central Casting sent out a casting call for "Senator",and he showed up and stated dipping his beak in the take.