There are members of Congress concerned about the $1.1 trillion in mandatory reductions to the USA debt because there is no transparency as to where the $1.1 trillion might be coming from pensions to the military and federal employees.
I can't find the reference in the "Treasury Secretary Report on the Debt." I'll keep looking, but, the very fact there is no transparency to the way the National Debt is being reduced is very worrisome.
I didn't know there was a daily statement. This is not the document on the US House floor. The font on this looks okay.
DAILY TREASURY STATEMENT (click here) PAGE: 1
Cash and debt operations of the United States Treasury
Tuesday, February 9, 2016
(Detail, rounded in millions, may not add to totals)
The national debt of the USA is not a mystery. With daily reporting Congress should know exactly when the brinkmanship starts.
As of February 9, 2016 this is the amount of tax returns refunds:
The highest amount in tax refunds so far today goes to Businesses. Since the fiscal year began individuals have received the highest returns. EFT means Electronic Funds Transfer. Checks are checks.
One human being in the USA and his political organization controls the FACT the interest on the debt simply continues to mount rather than passing appropriate taxes to pay down the debt more quickly and ending the hideous interest the USA people are paying that will be passed on to their children and grandchildren. ONE HUMAN BEING AND HIS POLITICAL ORGANIZATION PREVENTS PASSAGE OF APPROPRIATE TAXES TO BRING DOWN THE DEBT.
The Summary Debt Accounting (click here) program is key to meeting our responsibility to account for the more than $17.4 trillion of public debt and more than $415 billion in related annual interest expenses.
I can't find the reference in the "Treasury Secretary Report on the Debt." I'll keep looking, but, the very fact there is no transparency to the way the National Debt is being reduced is very worrisome.
I didn't know there was a daily statement. This is not the document on the US House floor. The font on this looks okay.
DAILY TREASURY STATEMENT (click here) PAGE: 1
Cash and debt operations of the United States Treasury
Tuesday, February 9, 2016
(Detail, rounded in millions, may not add to totals)
The national debt of the USA is not a mystery. With daily reporting Congress should know exactly when the brinkmanship starts.
As of February 9, 2016 this is the amount of tax returns refunds:
The highest amount in tax refunds so far today goes to Businesses. Since the fiscal year began individuals have received the highest returns. EFT means Electronic Funds Transfer. Checks are checks.
| Current Daily Treasury Statement (click here) |
One human being in the USA and his political organization controls the FACT the interest on the debt simply continues to mount rather than passing appropriate taxes to pay down the debt more quickly and ending the hideous interest the USA people are paying that will be passed on to their children and grandchildren. ONE HUMAN BEING AND HIS POLITICAL ORGANIZATION PREVENTS PASSAGE OF APPROPRIATE TAXES TO BRING DOWN THE DEBT.
This program provides the overarching control structure for dozens of subordinate securities systems and reconciles more than $124 trillion of securities transactions and related cash flows handled by these subsystems annually. These cash flows represent funds received from the sale of securities and funds disbursed as interest and principal payments.
The program produces daily reports on the balances and composition of the public debt, the Monthly Statement of the Public Debt, and the annual, audited Schedules of Federal Debt, which reports on the single largest liability in the annual Financial Report of the United States Government....
Grover Norquist holds the American political system by the throat and it is costing our children their futures.
ONE HUMAN BEING.
SUMMARY OF TREASURY SECURITIES OUTSTANDING, JANUARY 31, 2016 (click here)
There is no secret. The US Treasury Secretary has documents available to the public. The only way to tackle the national debt head on is to create new taxes for a period of time it takes to pay it down. The bill(s) that would pass such taxes would have to be stipulated the monies would be applied to the national debt and not new spending. If such taxes were left unstipulated the USA would be at a forever war again! There would be more and more unpaid wars.
Much of what is being fussed about today in the US House is nothing but politics. The Red State politicians make up all kinds of excuses why they can't cut costs and this bill on the floor today is nothing but politics. The FACTS about the national debt is open to the public. Evidently, there are issues still unresolved that causes the public worry such as the $1.1 trillion mandated reduction to the National Debt. The reductions of $1.1 trillion is unknown. It is unknown even to the Congress and there is no resolution passed today to be sure that is transparent. The Republicans don't want the public to know if their lives are effected by these reductions, so it is all hush, hush.
Grover Norquist holds the American political system by the throat and it is costing our children their futures.
ONE HUMAN BEING.
SUMMARY OF TREASURY SECURITIES OUTSTANDING, JANUARY 31, 2016 (click here)
There is no secret. The US Treasury Secretary has documents available to the public. The only way to tackle the national debt head on is to create new taxes for a period of time it takes to pay it down. The bill(s) that would pass such taxes would have to be stipulated the monies would be applied to the national debt and not new spending. If such taxes were left unstipulated the USA would be at a forever war again! There would be more and more unpaid wars.
Much of what is being fussed about today in the US House is nothing but politics. The Red State politicians make up all kinds of excuses why they can't cut costs and this bill on the floor today is nothing but politics. The FACTS about the national debt is open to the public. Evidently, there are issues still unresolved that causes the public worry such as the $1.1 trillion mandated reduction to the National Debt. The reductions of $1.1 trillion is unknown. It is unknown even to the Congress and there is no resolution passed today to be sure that is transparent. The Republicans don't want the public to know if their lives are effected by these reductions, so it is all hush, hush.
