Arkansas Democrat-Gazette

Valid reasons for debt

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In reference to the debt ceiling and how we got there: This informatio­n was taken from various sites on the Web. I cannot vouch for total correctnes­s. But when you consider the past three to five years with all these expenditur­es that were not budgeted, yes, the U.S. has a debt problem.

Please note: I am not saying the U.S. should not have spent this money, only there are valid reasons to be this deep in the hole.

Pandemic: Decreased incoming revenue due to covid; an estimated 70 percent of households paid less income tax in 2021-2022. Free testing, vaccines, and injection sites. Ventilator­s, PPE, masks, etc. $? Huge hospital costs; total cost? Individual taxpayer payouts $2.3 trillion; total outlays were approximat­ely $4.2 trillion. Paycheck Protection Program $800 billion.

Fifteen dollars/hour minimum wage effects: Estimated employer costs rise $54 billion over 10 years. Estimated federal employees affected 70,000.

Estimated federal contract employees affected 300,000. Estimated Arkansas employees affected 439,000. Employer increased cost besides wages, FICA, Workers Compensati­on, health insurance, pensions, perks (i.e., vacation days, etc.).

Employee costs—1.4 million estimated job losses over 10 years; workers who already make $15+ an hour would expect their pay to increase; more tech, fewer bodies.

Ukraine: Supporting the war with Russia—not budgeted, cost of ammunition enormous. Example: 1.5 million Howitzer cannons have been sent to Ukraine, as well as shells for them, which cost about $800 each. Sidewinder missiles cost $400,000 each.

Other armaments sent means this is enormous, plus training of Ukraine military,

EVELYN BROWN Little Rock

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