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#budgetdeficit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #budgetdeficit, aggregated by home.social.

  1. Below is a graph from Deloitte Access Economics showing the Australian economy.
    It has expenses exceeding income.

    Looks like the responsible thing for Anthony Albanese to do is tax gas exports at 50%.

    Anyone got the expected increase in revenue that we'd get to hand?

    #AusPol #AusEconomy #GasTax #AnthonyAlbanese #BudgetDeficit
    #MakeGinaChuckAHissyFit #FederalBudgetAU2026

  2. Susie Madrak reveals a troubling scenario: Trump's tax bill jeopardizes Medicare funding. Without a PAYGO patch for the MAGA Murder Bill, significant cuts to Medicare are on the horizon due to projected deficits, potentially exceeding $500 billion from 2026-2034. The CBO warns of a $2.3 trillion deficit increase, with Medicare vulnerable as it lacks protection under PAYGO. Discover the full implications here: crooksandliars.com/2025/07/wha #MedicareCuts #PAYGO #Republicans #TaxBill #Congress #BudgetDeficit. Kudos to Madrak for highlighting these urgent concerns.

  3. David Speers on #ABCNewsAustralia this evening continuing the mythology around a ‘balanced’ budget.

    Australia and Australians suffer whenever the federal government prioritises a budget surplus over services and infrastructure needed to maintain a strong and healthy country and population.

    #auspol #mmt #fiatCurrency #election #vote #budget #budgetdeficit

    From: @DrALJONES
    mastodon.social/@DrALJONES/114