Republicans in the U.S. Congress plan to introduce a sweeping $150 billion defense package that will give an initial $27 billion boost to President Donald Trump’s controversial Golden Dome missile defense shield, according to a document and a congressional aide.
The measure, which will be in addition to the approved $886 billion national security budget for 2025, would also fund the building of 14 warships and lift homeland security spending. It will be part of Trump’s sweeping tax cuts bill, which will cut taxes by about $5 trillion and add approximately $5.7 trillion to the federal government’s debt over the next decade.
Honest question for those that can do the math. How much Healthcare could this buy us?
Spread across the estimated American population, that’s about $78, if my calculator is right. Given that my last clinic visit,since doctors won’t even see you anymore if you’re sick here, had a $100 copay, I’m gonna say not a lot.
A quick Google search says that healthcare cost Americans about $4.9 trillion in 2023, so not exactly a drop in the bucket.
78$? Not the right answer. Trillion not billion. Do the math.
Edit: I was referring to tax cut amount. My bad.
All good, my dude
But yeah, the total tax debt added is over the next decade, $5.7 trillion.
Annually that’s $570 billion. At around 347 million citizens, that’s about $1643 dollars annually per citizen. Just about 10% of the average annual cost per citizen, if Google is correct about that number being around $14k.
If we’re going by that $5 trillion tax cut, no idea if that’s a 10 year estimate, but I feel like it’s got to be, $1,440 per person annual. Otherwise just multiply by 10 for $14,400 which would in fact be enough, or pretty close, to wipe out medical expenses nationally and effectively socialize the Healthcare system and do away with the health insurance industry. Not that that would ever happen.
Also, if my math is wrong anywhere, sorry… Been awake over 24 hours.