The US spends twice what it collects in taxes, and has been doing so for so long... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		elevation 4 months ago \| parent \| context \| favorite \| on: The story of DOGE, as told by federal workers The US spends twice what it collects in taxes, and has been doing so for so long that its ability to service its debts is mathematically jeopardized. Spending massively more than you make is just fine, until the repo man shows up.

vel0city 4 months ago [–]

Sounds like maybe we should also increase revenues instead of also cutting those then, right?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact