#Latest news with #JeanetteWinklerYahooa day agoBusinessYahooLetter: Republicans try to distract us while inflating national debtThe federal debt is $36.2 trillion. If that amount were divided among every American we'd each owe $106,000. The Congressional Budget Office reports that the tax and spending bill passed by House Republicans could add $2.4 trillion to our debt. The U.S. treasury is spending more than $1 trillion a year on debt repayment. The word 'insanity' comes to mind. Putting ordinary Americans on the hook to pay for billionaires' tax cuts is cruel and un-American. It is now evident what President Donald Trump means when he says 'Make America great again.' It's a return to the time of the robber barons during the Gilded Age. The gold paint, gold fabrics and gold-plated fixtures in the Oval Office should erase any doubt. With an administration surrounded by billionaires, will history repeat itself? We have a soaring national debt and an administration enamored with accumulating wealth. Is this what people voted for? Does another Great Depression await the U.S.? This administration appears to be flooding the media with one distraction after another in order to hide our real problems. Jeanette Winkler Ruscombmanor Township
Yahooa day agoBusinessYahooLetter: Republicans try to distract us while inflating national debtThe federal debt is $36.2 trillion. If that amount were divided among every American we'd each owe $106,000. The Congressional Budget Office reports that the tax and spending bill passed by House Republicans could add $2.4 trillion to our debt. The U.S. treasury is spending more than $1 trillion a year on debt repayment. The word 'insanity' comes to mind. Putting ordinary Americans on the hook to pay for billionaires' tax cuts is cruel and un-American. It is now evident what President Donald Trump means when he says 'Make America great again.' It's a return to the time of the robber barons during the Gilded Age. The gold paint, gold fabrics and gold-plated fixtures in the Oval Office should erase any doubt. With an administration surrounded by billionaires, will history repeat itself? We have a soaring national debt and an administration enamored with accumulating wealth. Is this what people voted for? Does another Great Depression await the U.S.? This administration appears to be flooding the media with one distraction after another in order to hide our real problems. Jeanette Winkler Ruscombmanor Township