How would Trump balance the budget?

Поділитися
Вставка
  • Опубліковано 21 жов 2024
  • Trump transition team co-chair Howard Lutnick discusses stopping reckless government spending on 'Kudlow.'
    Subscribe to Fox Business! bit.ly/2D9Cdse
    Watch more Fox Business Video: video.foxbusin...
    Watch Fox Business Network Live: www.foxnewsgo.com/
    FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
    Follow Fox Business on Facebook: / foxbusiness
    Follow Fox Business on Twitter: / foxbusiness
    Follow Fox Business on Instagram: / foxbusiness

КОМЕНТАРІ • 126

  • @williamcanter3233
    @williamcanter3233 10 годин тому +31

    Thanks For The Great Work Guys Keep Up The Good Work God Bless America And Family

  • @chriastinemetz7710
    @chriastinemetz7710 5 годин тому +4

    Amen brother

  • @WilliamEmerson-qy3kq
    @WilliamEmerson-qy3kq 9 годин тому +14

    🎉🎉🎉 PLS reduce waste 😊😊

  • @VonnE-l2k
    @VonnE-l2k 9 годин тому +10

    428, OVERKILL, shut many DOWN....

  • @justkev52
    @justkev52 10 годин тому +13

    Nice

  • @joanmsmith5561
    @joanmsmith5561 9 годин тому +13

    Regulations are strangling ca.

  • @Matthew-y3h
    @Matthew-y3h 7 годин тому +8

    Let’s go AMERICA

  • @theresabertrand6037
    @theresabertrand6037 9 годин тому +5

    Trump Elon an you that's what America needs now

  • @augustopareja7445
    @augustopareja7445 8 годин тому +4

    No way Trump or anyone can balance the budget unless he gets rid of 75 percent of the United States government, it can be done, send everyone to work ASAP, except the completely disabled no freebies zero

  • @Wolfcamp555
    @Wolfcamp555 9 годин тому +9

    Thats why the Laffer curve doesn't work. They cut taxes but wont cut spending.

    • @Jeff-ih8gi
      @Jeff-ih8gi 7 годин тому

      Fiscal Policy to reign in inflation!

  • @jacktomasek7171
    @jacktomasek7171 7 годин тому +4

    No wonder why the Democrats and the Rino Republicans are freaking out ! No more fat on the budgets ! I love it ! Finally some common sense ! Long overdue !

    • @michaelWells-ef9bx
      @michaelWells-ef9bx 3 години тому

      Trump ran up the National Debt by $8 Trillion Dollars ..... in just 4 years ( thats the worst Score in History ) ....Thank God he is going to lose

  • @williamcanter3233
    @williamcanter3233 10 годин тому +12

    🎉

  • @ZiegboLafiabilite-qm9dg
    @ZiegboLafiabilite-qm9dg 9 годин тому +17

    Let go out and vote for Trump to save America 🇺🇸

    • @michaelWells-ef9bx
      @michaelWells-ef9bx 3 години тому

      Save America from Who ?

    • @daisyperegrino6380
      @daisyperegrino6380 Годину тому

      It seems that they are many illegal migrants here. giving their support to their mother Scamala

  • @econ.dr.rafaelmarrero
    @econ.dr.rafaelmarrero 8 годин тому +2

    President Milei was able to balance the budget in Argentina. We’ve got this! Let’s gooooo!!!

  • @chriskostecki8777
    @chriskostecki8777 9 годин тому +2

    But how much public knowledge will there be ??? Ever since Canada began the British Royal Family has owned the rights to Canadian under ground minerals !!! Why is this allowed ??? WTF !!! Be open with the plan so everyone knows where to take their next step !!! No more closed door policy making !!! This isn't national defense !!! Just an observation

  • @eclimber1992
    @eclimber1992 10 годин тому +6

    Grow the economy, >3% annual increase in GDP.
    How to do a budget:
    wipe the spending board clean; I mean EVERYTHING, both mandatory and discretionary.
    Start with securing the federal budget to the GDP:
    • Permanent debt ceiling: 75% of GDP
    • Limit total annual outlays: 17% of GDP
    • Cut $3.6T in waste from current GFY24 budget (reduce or eliminate bloated agencies and departments)
    Then, starting from zero
    • Add/delete programs up to the above limits
    • If you want more/bigger programs, increase the GDP.
    • Absolutely no increases until GDP increases.
    Permanent debt ceiling [75% of GDP] requires Congress to limit scope of nanny state and focus on the health of the country. If you want more programs, then grow the GDP.
    Limiting total annual outlays [17% of GDP] results in a balance budget since annual revenues are about 17% of GDP.
    • Restore national petroleum reserves.
    • Restore money "borrowed" from SSA fund.
    • Pay down national debt.
    • Tax cuts (revenue decrease) need to pay for themselves; otherwise, no cut.
    A President can propose a lot of plans but the House and Senate control the money. Congress needs to get on board.

    • @ace9840
      @ace9840 8 годин тому +2

      The very firs thing you have to do is go back to sound money. Like when we were once the richest country in the world instead of the largest debtor nation now. .

  • @user-it3rq9qs5n
    @user-it3rq9qs5n 4 години тому +1

    Thank God we have all these champions ready and willing to help President Trump. 👍

    • @michaelWells-ef9bx
      @michaelWells-ef9bx 3 години тому

      Ok Bot... he gonna lose ~ but you don’t care Cuz U. a Chinese Bot

  • @5heffPaul
    @5heffPaul 9 годин тому +3

    Ireland (12.5%), Hungary (9%), and Lithuania (15%), have used low corporation tax rates to poach business from other countries for years!! It is about time that this practice was challenged! 👏 Well done, America 🇺🇸

    • @noelbartley1084
      @noelbartley1084 9 годин тому

      You comics are amazing

    • @Jeff-ih8gi
      @Jeff-ih8gi 7 годин тому

      @@noelbartley1084 Your ignorance is bliss.

  • @johnlerner5346
    @johnlerner5346 10 годин тому +20

    Charge the Failed Border Czar with Treason!

    • @Gregorysonlinechannel
      @Gregorysonlinechannel 10 годин тому

      She can't cook, poor emhoff gets his greens washed in bathtub. Meanwhile: emhoff got the nanny pregnant and slapped a woman😂😂😂😂😂

    • @michaelWells-ef9bx
      @michaelWells-ef9bx 3 години тому +1

      I thought that was Mike Pence ?.... are you still Mad at Him ???

  • @januszjacobjunoszaborkowsk5155
    @januszjacobjunoszaborkowsk5155 10 годин тому +8

    ❤️👍🇺🇸

  • @Sht4giggles
    @Sht4giggles 5 годин тому +1

    Isn’t Trump the one who wants to solve the trading war with over regulating tariffs

  • @januszjacobjunoszaborkowsk5155
    @januszjacobjunoszaborkowsk5155 10 годин тому +8

    👏👏👏👏👏❤️👍

  • @patrickmolloy2122
    @patrickmolloy2122 6 годин тому +9

    He will balance the budget by hiring the folks who know how to fix it.

    • @michaelWells-ef9bx
      @michaelWells-ef9bx 3 години тому +1

      Why didn’t he do it last time ?

    • @JohnJones-k9d
      @JohnJones-k9d 2 години тому

      He borrowed far more than BIDEN and made the deficit far worse.

  • @jerrysanders4209
    @jerrysanders4209 7 годин тому +6

    Cutting the waste of money spent by the federal government, I LOVE IT❤

    • @MadhavanMenonisaindian
      @MadhavanMenonisaindian Годину тому

      What part of the massive cuts to the wasteful Military spending would you like to be cut first?

  • @theresabertrand6037
    @theresabertrand6037 9 годин тому +2

    Ron Paul also believed there is a hugh amount of waste he's with you an Elon Trump

  • @januszjacobjunoszaborkowsk5155
    @januszjacobjunoszaborkowsk5155 10 годин тому +6

    ⭐️⭐️⭐️⭐️⭐️👍

  • @KungPowEnterFist
    @KungPowEnterFist 8 годин тому +1

    Awesome. Let's start by eliminating EV and solar tax credits, which are a total waste of taxpayer dollars. Then let's do away with the carbon credits, since they just make no sense at all. Its time for companies like Tesla to have to make it on their own without the government bailouts.

  • @johntatum1951
    @johntatum1951 9 годин тому +7

    "Slow strangulation by over regulation, " said by Elon Musk...and such a profound statement....Trump will fix this immediately!

    • @Jeff-ih8gi
      @Jeff-ih8gi 7 годин тому

      Won't be "immediate", but headed in the right direction!

    • @michaelWells-ef9bx
      @michaelWells-ef9bx 3 години тому +1

      He will go Golfing ...then lair about it .... Trump is Soooooooooooo Freakin OLD

    • @JohnJones-k9d
      @JohnJones-k9d 2 години тому

      De regulation worked for Boeing oh wait it didn’t.

  • @patrickmolloy2122
    @patrickmolloy2122 6 годин тому

    So many politicians will have to leave. So many are on the take. Blah blah blah…

  • @redmoon307
    @redmoon307 5 годин тому

    No more food safety. No more water and air safety. no more regs. If you die, you were just unlucky?

  • @johnmurray8267
    @johnmurray8267 5 годин тому

    Bring in Erik Prince to look over the Military. $$$$

  • @AlbertCCombs
    @AlbertCCombs 9 годин тому +1

    Simple, close internal revenue, and return the tax collector to the states, department of education, states responsibility, etc. Than THE UN programs, NATO ETC. OVERNITE the budget would be balance atless in a great amount.

    • @nicklll4477
      @nicklll4477 8 годин тому

      You forgot to add SS, Medicare and Medicaid which are unconstitutional in the first place. Cut them off as well and you'll see a balanced budget coming into fruition.

  • @ohmgee8328
    @ohmgee8328 9 годин тому +1

    The Finance Dept manages the budget.

  • @Tom-ym7bm
    @Tom-ym7bm 9 годин тому

    Judging by this feed, everyone is well fed now !
    Sounds yummy

  • @ace9840
    @ace9840 8 годин тому

    You don’t balance a debt based fiat currency over time. It’s a math thing. You can balance your own budget and get ahead if your economically smart enough.

  • @HakunaMatataMan
    @HakunaMatataMan 4 години тому

    By making McMillions.

  • @Stephen-fe8bq
    @Stephen-fe8bq 9 годин тому +1

    SAVE A LOT BY STOP BUILDING WEAPONS! 😉😇

  • @NADEEMKHAN-os9wx
    @NADEEMKHAN-os9wx 5 годин тому

    Ji ha

  • @patrickmolloy2122
    @patrickmolloy2122 6 годин тому

    These guys are so naive.

  • @burairallawati1099
    @burairallawati1099 8 годин тому

    I agree with Elon on that Inflation is caused by government spending, but that is only 50% of the fact. The full picture is that Government actions, such as money-printing and deficit spending, are the only source of inflation. Henry Hazlitt, a well-known economist and journalist, once defined inflation very clearly is an increase in the quantity of money and credit.
    Unfortunately most people think “inflation” means rising prices. But that’s not right! Hazlitt continues: “Its chief consequence is soaring prices. Therefore inflation - if we misuse the term to mean the rising prices themselves - is caused solely by printing more money. For this the government’s monetary policies are entirely responsible.”

  • @YaoAnne-j7g
    @YaoAnne-j7g 10 годин тому +2

    !!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated

    • @JoseLopez-lf9rw
      @JoseLopez-lf9rw 10 годин тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @BensonTati
      @BensonTati 10 годин тому

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @JoseLopez-lf9rw
      @JoseLopez-lf9rw 10 годин тому

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $100k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @BensonTati
      @BensonTati 10 годин тому

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.

    • @YaoAnne-j7g
      @YaoAnne-j7g 10 годин тому

      nice!! once you hit a big milestone, the next comes easier.. How can i reach her, if you don't mind me asking?

  • @JaapFeitsma-qi8ct
    @JaapFeitsma-qi8ct Годину тому

    Trump will me a fine fascist President.
    Can you already hear the knock on the door?

  • @Stephen-fe8bq
    @Stephen-fe8bq 9 годин тому

    Elon will not balance the budget. He will start to pay off our loan! BALANCE THE BUDGET? 😉😅😂🤣

  • @faustinomachado5557
    @faustinomachado5557 4 години тому

    😊Bienvenido al portapapeles de Gboard; todo texto que copies se guardará aquí.

  • @charlespiper9291
    @charlespiper9291 9 годин тому +1

    Start by disassembling the illegal immigrants for spare parts

  • @jasondeaver2117
    @jasondeaver2117 9 годин тому +1

    He had 4 years to balance the budget and never came close 🤦‍♂️

  • @amanfromthewest7326
    @amanfromthewest7326 9 годин тому +2

    Who is this guy, and why is he acting like he is everyone’s best friend

    • @Jeff-ih8gi
      @Jeff-ih8gi 7 годин тому

      We have to cut waste in Government spending.

  • @scottdaley3308
    @scottdaley3308 10 годин тому +5

    Trump makes no attempt at balancing biudget, he simply does not care.... Just like his presidency.

    • @gospos1
      @gospos1 10 годин тому

      Your candidate is killing it doing so I assume you are speaking from experience

  • @jordysanchez9653
    @jordysanchez9653 9 годин тому +2

    4 years and trump got 8 trillion debt more than any president 🤣💩 he full of it, priorities are always get in debt to give rich tax breaks

    • @tammy9823
      @tammy9823 9 годин тому

      Kamala is supported by the elites...that's where all her money is coming from right now. Do you think she is going to turn around and raise the taxes on them same people who are supporting her? Your thinking is very foolish.

    • @suek-j5u
      @suek-j5u 8 годин тому

      I don't believe that Biden has less debt then Trump. It just doesn't seem right are you sure did you fact check or is it just another rumor ?

  • @raulmoya8631
    @raulmoya8631 10 годин тому +2

    MSM propaganda,

  • @redmoon307
    @redmoon307 4 години тому

    Lutneck sounds like a lunatic. Expecting to get 100 billion out of Ireland. Sounds like Mexico is going to pay for the wall nonsense.

  • @JEng-oc1lc
    @JEng-oc1lc 7 годин тому

    Trump is a “has been”. Now too senile and old.

    • @TheMarpalm
      @TheMarpalm 6 годин тому

      Bunch of crap you Kamala simp

  • @rashidbagewadi1006
    @rashidbagewadi1006 9 годин тому

    Trump cannot balance anything
    Trump the showman of America
    Very nice talkative.

    • @suek-j5u
      @suek-j5u 9 годин тому +5

      Watch and see

    • @jessicaflores9367
      @jessicaflores9367 9 годин тому +4

      ​@@suek-j5uand still Harris can't explain HOW they plan on fixing the budget...or at least how to start...

    • @suek-j5u
      @suek-j5u 6 годин тому +1

      @@jessicaflores9367 right but still people will vote. I'm afraid of the lies she has told and how she doesn't have any policy.

  • @JoachimwGermain-co4zw
    @JoachimwGermain-co4zw 10 годин тому +2

    Full of 💩