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Our National Debt
For the $40 trillion in quantitative easing we gave Wall Street, we could have created 25 million jobs paying $100,000 per year for 16 years! #TheValentineConstitution
For the $40 trillion in quantitative easing we gave Wall Street, we could have had 50 million jobs paying $100,000 per year for 8 years and built a sustainable energy grid giving us all free energy forever #TheValentineConstitution
For the $40 trillion in quantitative easing we gave Wall Street, we could have had 25 million jobs paying $100,000 per year for 8 years and free energy forever! #TheValentineConstitution
Essentially Quantitative easing gave Wall Street $40 trillion for 5 million jobs. That’s $8 million per job! #TheValentineConstitution
For the $40 trillion in quantitative easing we gave Wall Street, we could have created 50 million jobs paying $100,000 per year for 8 years! #TheValentineConstitution
The $40 trillion that quantitative easing gave Wall Street is now our national debt and costs us 22% of our budget annually just to pay the interest, and we still owe the $40 trillion! #TheValentineConstitution
Trump’s 2018 tax cut gave Wall Street $1 trillion charged to our credit card and added to our debt. That’s 10 million $100,000/year jobs. #TheValentineConstitution
Quantitative easing gave Wall Street $40 trillion we now pay 22% of our debt to pay the interest on annually without even reducing the debt! #TheValentineConstitution
Quantitative easing put our nation $40 trillion in debt and costs us 22% of our budget annually just to pay the interest, all so Wall Street can keep cheating us. #TheValentineConstitution
Trump’s 2018 tax cut gave Wall Street $1 trillion charged to our credit card and added to our debt. That’s 10 million $100,000/year jobs, or 1 million $100,000/year jobs for 10 years. #TheValentineConstitution
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Balanced Budget, AAA Credit
#TheValentineConstitution replaces all the complicated accounting for today’s money movements between federal, State, county and city governments and agencies participating together in projects, with easily traceable, streamlined accounting.
Our government’s budget, which will include every state and federal department’s budget, will always be balanced. #TheValentineConstitution
#TheValentineConstitution prohibits our government from going into debt, except in case of emergency, and not to bail out companies.
#TheValentineConstitution would free up the 22% of our budget now spent on interest on our debt to spend on other things.
#TheValentineConstitution requires balanced budgets and pay-as-we-go accounting with no future obligations or liabilities.
#TheValentineConstitution prohibits todays massive national debt of $40 trillion and future liabilities of $200 trillion! Baby boomers’ gift to their children and grandchildren.
#TheValentineConstitution requires our government to have a foreign trade surplus.
#TheValentineConstitution requires our government to have a balanced budget.
#TheValentineConstitution prohibits our nation’s credit rating to drop below AAA.
#TheValentineConstitution requires AAA credit ratings for all State and Federal governments and departments.
#TheValentineConstitution prohibits the printing of money beyond its true value.
#TheValentineConstitution prohibits our money supply to exceed the true value of our economy.
#TheValentineConstitution requires our government to have a AAA credit rating.
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Budget % Amounts
Discretionary spending is what we have left to spend after we deduct what we have already committed to spend. Today, that leaves only 15% of our annual tax revenues! #TheValentineConstitution
Discretionary and nondiscretionary spending today confuses the general percentage amounts we spend annually. #TheValentineConstitution
Nondiscretionary spending is what we have already committed to spend including pensions. #TheValentineConstitution
Under #TheValentineConstitution there will be only one budget for all of government because there will be no overlaps of responsibilities.
Today’s budget: interest on our debt 22%; Medicare and Medicaid 31%; Social Security 27%; military and veterans costs 13%; schools 2%; infrastructure 2%; environment 1%; government 1%. #TheValentineConstitution
Under #TheValentineConstitution Citizens will vote to (dis)approve our general percentage budget outlays every 12 years.
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All Expenditures Accounted For
Citizens will be able to see what we got for every dollar we spend on any project except top secret ones. #TheValentineConstitution
Every dollar of tax and its expenditure shall be simply accounted for to Our Citizens by the responsible department none of which shall have overlapping responsibilities or jurisdictions. #TheValentineConstitution
#TheValentineConstitution prohibits any overlap of responsibilities between departments, so there can be no redirecting of responsibility.
Our government will be publicly audited on a continuous basis under #TheValentineConstitution
Today it’s impossible to account for tax dollars because today it’s impossible to know who has responsibility for what. Not so under #TheValentineConstitution
#TheValentineConstitution requires that every government expenditure be accounted for to our Citizens by the responsible department.
#TheValentineConstitution requires that Citizens be able to track every government expenditure and what we got for it. That’s called Citizen oversight.
#TheValentineConstitution requires that every tax dollar be immediately and proportionately credited to all budget line items.
#TheValentineConstitution provides that every tax dollar be traceable from its collection to its expenditure.