CAL THOMAS COMMENTARY OCTOBER 10, 2025
DAY TEN OF THE SO-CALLED GOVERNMENT SHUTDOWN. COUNT ON SENATE MAJORITY LEADER CHUCK SCHUMER AND HIS MEDIA PALS TO FIND FEDERAL EMPLOYEES CRYING THAT THEY WON’T BE ABLE TO FEED THEIR CHILDREN AND PRESSURING REPUBLICANS TO CAVE. THIS TIME THEY MUST HOLD THE LINE.
THE NONPARTISAN CONGRESSIONAL BUDGET OFFICE SAYS THAT WHILE THE DEFICIT FOR THE JUST CONCLUDED FISCAL YEAR WAS $1.8 BILLION AND A REDUCTION THANKS TO SOME OF THE SPENDING CUTS BY THE TRUMP ADMINISTRATION, SPENDING STILL ROSE $301 BILLION. $48 BILLION OF THAT NEW SPENDING WAS INTEREST PAYMENTS ON THE DEBT, WHICH TOPPED $1 TRILLION FOR THE FIRST TIME.
WHILE THE DEFICIT DIDN’T RISE LAST YEAR, NEITHER DID IT DECLINE. WE CONTINUE TO BORROW AND SPEND TOO MUCH.
DEMOCRATS HAVE FIXATED ON CONTINUING HEALTH INSURANCES SUBSIDIES, WHICH WERE COVID-ERA SUBSIDIES, AND SET TO EXPIRE DECEMBER 31ST. NOW THE INSURANCE COMPANIES WANT TO RAISE RATES WHICH THEY ALWAYS DO WHEN GOVERBNMENT MONEY IS INVOLVED.
THIS IS ALL ABOUT OPPOSING PRESIDENT TRUMP’S GOAL OF CUTTING GOVERNMENT. IF HE AND THE REPUBLICANS DON’T, WE MAY EXPERIENCE ECONOMIC COLLAPSE. DEBT HAS CRUSHED OTHER NATIONS IN THE PAST. I’M CAL THOMAS.
