"Over $1 trillion" was spent on anti-poverty programs in 2011, enough to "give every single poor American a check for $22,000."
Even a 100 percent tax on millionaires would only fund four months of government operations, failing to seriously address budget deficits and debt.
"The Congressional Budget Office has this economic model where they measure the economy going forward, and they are now telling us that the entire economy crashes in the year 2037 because their computer simulation can't conceive of any way in which the U.S. economy can continue."
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