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The 1974 Budget Control Act requires Congress to spend taxpayer dollars with great stewardship by dividing federal funding into 12 separate appropriations.
A government shutdown is currently in effect, with Democrats and Republicans at an impasse over spending priorities. Democrats are demanding $1.5 trillion in new spending, including healthcare benefits for illegal immigrants, which Republicans oppose.
Vogt believes that the burden of taxes and government spending weighs heavily on families like his own, which drives his agenda to cut government spending.
The amount that Social Security benefits from undocumented immigrants is significant. Despite claims that they drain public programs, they actually contribute a windfall to Social Security because they pay taxes without receiving benefits.
The top 10% of Americans account for half of all consumer spending, raising questions about the sustainability of GDP growth driven by wealthier households.
The 1974 Budget Control Act requires Congress to spend taxpayer dollars with great stewardship by passing 12 separate appropriations bills each year.
In the entire history of everything I've developed, not one penny has come to me from the government. Not one. And that's unusual. We funded it. I funded it myself personally.
The government shutdown is partly due to Democrats wanting to reverse spending cuts from a previous legislative fight, demanding $1.5 trillion in new spending.
The U.S. government has overspent by $37 trillion, spanning multiple administrations, including the Biden administration. The budget hasn't been balanced since 1994, leading to continuous deficits.
The government can increase the number of dollars in existence with the click of a button, devaluing the dollar you just worked for. This leads to a decrease in purchasing power over time.