Is that a no or a yes?
If you are saying that by decreasing wasteful spending, it will increase paying down of debt, why can't someone expect the debt to decrease in 4 years?
Here in Georgia, we just closed our last fiscal year with a 19 billion dollar surplus! 19 billion dollars! This was
after we cut personal and business taxes, along with implementing responsible non deficit spending and eliminating some needless State agencies.
Some States by Law CANNOT spend more than they take in and their budgets must be balanced to revenues. Georgia doesn't have to do that by Law, but our Republican Legislature and Republican Governor simply prioritized our revenues and spent only what we needed to spend. The result of that fiscal restraint has resulted in over a
19 Billion dollar surplus that's going to be returned to Georgia taxpayers (where it came from) in the form of even lower tax rates!
That will further expand our State's economy, which will generate additional revenues to the State treasury where coupled with continued fiscal restraint will keep State coffers in surplus, out of deficits and our economy growing!
I realize these concepts are anathema to a government educated bot like you, but these principles work every time they're tried. Many other States have similar results simply by keeping their spending under control and lowering taxes, which leads to additional economic growth and zero deficits.
You'll catch on as you continue to support Trump's similar agenda for America. 😉
Georgia’s record surplus presents an opportunity for taxpayer relief
excerpt:
Georgia has more money than ever. The state’s total fund balance at the end of the last fiscal year – including all of the state’s various reserve accounts – surged to $19.07 billion, up from $18.46 billion the previous year. The key to this financial achievement lies in its disciplined approach to fiscal management — specifically, holding spending down....
...this surplus creates an opportunity to the taxpayers who made this possible. That was the sentiment behind Gov. Brian Kemp’s
announcement on Tuesday, where he outlined his support for a $1 billion tax refund. By reducing the tax burden, Georgia can further encourage businesses to invest, create jobs and foster a more dynamic economic environment.