Crosstalk America
Jim Schneider  |  Milwaukee, Wisconsin
Contact Info | Edit
•  Email
•  Twitter
•  Facebook
PHONE
414-935-3000
ADDRESS
VCY America
3434 W. Kilbourn Ave
Milwaukee, WI 53208
Podcast + Codes
SERMONS EMBED | Info
Mobile Apps | Info
•  ROKU TV
•  Apple TV
•  Chromecast
Enjoy sermons from this broadcaster
on a variety of mobile devices.
MyChurch: vcyamerica | Set
MyChurch Code#: 54119


Speaker:
Jim Schneider
1,677 sermons
MP3 Downloads:
3,400+

Spending Out of Control
Series:  Crosstalk America  · 1310 of 1673
12/28/2022 (WED)
 
ID
        CURRENT EVENTS
HQ Audio!
   ... stream | download | podcast | enjoy ...


Play Audio! 53:28 min.


Download MP3  (24.3MB)

Create Transcript & Translate!
Request: transcript & translate this sermon • What?

Easy Link:
iPhone + iPad Android
Favorites-To-Go!  tag this sermon. listen on-the-go.

SERMON INFO
Many of you are familiar with the biblical instruction in Proverbs 22:7 that says: "The rich ruleth over the poor and the borrower is servant to the lender."

The problem is that when it comes to debt, the U.S. is sinking fast as our debt is out of control.

How bad is it? Jim was on the National Debt Clock and the current debt is just below 31.5 trillion dollars. That a per-taxpayer debt of nearly $249,000.

Jim then went back to 1980. According to the National Debt Clock, the U.S. national debt was 934 billion dollars. In 2000, it had increased to 5.6 trillion. By 2008 it was 11.1 trillion. In 2016 it had risen to 20.2 trillion. Today it is nearing 31.5 trillion and by 2026 it is estimated that it will be over 42 trillion dollars.

Along with that there's the internal borrowing for other funds such as Social Security, the military retirement fund, Medicare, etc.

According to the Department of the Treasury, the largest foreign holder of our national debt is Japan. The second and third largest holders of our debt are communist China and the UK.

Here's the reason why we need this sobering reminder. Last week, while most people were getting ready to celebrate Christmas, the U.S. House and Senate were hard at work attempting to pass a massive, 4,155 page omnibus spending bill.

Last Thursday, Senate Minority Leader Mitch McConnell and 17 other Republicans, joined Democrats as the Senate passed the 1.85 trillion dollar omnibus bill by a vote of 68-29. This bill basically sets federal spending for all of fiscal year 2023 which began October 1st. This "kneecaps" the new Congress.
SERIES 1310 OF 1673
Featuring a sermon puts it on the front page of the site and is the most effective way to bring this sermon to the attention of thousands including all mobile platforms + newsletter.
Jim Schneider
Spending Out of Control

Crosstalk America
Current Events
Crosstalk America
Play! | MP3 | RSS
Text-Featuring a sermon is a less expensive way to bring this sermon to the attention of thousands on the right bar with optional newsletter inclusion. As low as $30/day.
Jim Schneider
Spending Out of Control

Crosstalk America
Crosstalk America
Play! | MP3
Sermons preached around the same date | more


  If you were blessed by this message, please add your comment ...
More user comments by  this speaker | this broadcaster
   The COVID shot vs... • 10/11/2021 | 4 posts
   Is Tyranny Knocking at the.. • 4/20/2020 | 3 posts
   New Chick-fil-A Policy • 11/21/2019 | 3 posts
   News Roundup & Comment • 10/29/2021 | 2 posts
  Jim Schneider
Listen to more sermons by this speaker | more
   News Roundup 2-16-18 • 2/16/2018 | 600+ downloads
   Keeping Faith in Age of Reason • 2/19/2018 | 500+ downloads
   The Heart of Addiction 2-26-18 • 2/26/2018 | 500+ downloads
   The Status of Healthcare • 2/21/2018 | 500+ downloads
sermonaudio.com | iphone | android | mobile | podcast | transcript | kindle | tablets | gospel of john     
© 2024 SermonAudio.com. All rights reserved. Site Design: Animotion Studios