this post was submitted on 12 Feb 2025
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To be clear: this isn't the "we stopped paying promised grant money" but is literally the federal government yanking money out of an NYC bank account.

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[–] CouncilOfFriends@lemmy.world 3 points 15 hours ago* (last edited 10 hours ago) (12 children)

Trump ran budget deficits every year he was president, added trillions to the national debt with a tax giveaway to the wealthiest humans in the history of our planet, and before he was president a second time was trying to make Republicans shut down the government if the debt ceiling wasn't eliminated entirely. Don't hold your breath waiting for those tax cuts to trickle down, or for any cuts to 'defense' which is nearly half of all discretionary spending. The GOP plan is to further increase defense spending by an additional $100 billion, and $1.5 trillion in spending cuts which is not even half of their proposed $4.5 trillion tax cut. They only care about spending cuts when they can dogwhistle and lie to their base about $50 billion going to USAID just for condoms, despite their entire budget for aid to prevent foreign instability amounting to like, 3% or discretionary spending, because they have a very low estimation of their voters' math abilities.

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