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.
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.