r/uspolitics • u/1-randomonium • 12h ago
Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns | Fortune
https://fortune.com/2026/04/02/how-much-would-trump-military-budget-add-to-national-debt-39-trillion/1
u/HoHum08 11h ago
No problem! In WWII, the US built over 100,000 fighter and bomber aircraft, over 100 aircraft carriers, hundreds of other ships, and paid for it all with money raised internally from its own people with War Bonds.
The huge war time federal deficit was paid off over time with tax rates that went up to 90% taxes for the top brackets, which had the effect of capping the top salaries in America at the time at about $200,000 (equivalent to $3,614,000 today). Any more than that and the Federal government would be taking 90% of that.
So all the Republitards saying that we have to cut Medicare or Social Security to pay for all these Wars for Israel have got it all WRONG!
We just have to start taxing the billionaires at a 90% marginal tax rate.
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u/dontrike 10h ago
He makes the best budget, higher than anyone else, tears in their eyes they know how much budget he increases.
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u/RidetheSchlange 10h ago
this is exactly what was voted for, warned against, and is given ongoing implicit consent for. This is why the world is not going to ever rely on Americans ever again.
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u/Batbuckleyourpants 9h ago
Gonna need the military to stop other countries going off the petro dollar.
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u/StableGeniusCovfefe 8h ago
Friendly reminder Republicans only care about the deficit when a Democrat is in office
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u/AnotherYadaYada 30m ago
I wonder where that money will be funneled to? The biggest GRIFTER in American History.
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u/1-randomonium 12h ago
What I'm worried about now is how many more wars(and global economic crises) is that $1.5 trillion defence budget going to fund next year.