Biden On Pace For $1 TRILLION 2023 Budget Deficit

[easyt65]

The federal government added $83 billion to the national debt in the first month of fiscal year 2023, according to the Congressional Budget Office (CBO), a rate of $2.7 billion in new debt per day that puts the government on track for another $1 trillion deficit this year.

Only seven of the last 25 months have resulted in deficits under $100 billion or with a budget surplus, and nine of those months saw deficits above $200 billion.

Some spending increased, most notably at the Department of Education. That department booked nearly $400 billion in more expenses in order to pay for President Biden’s student loan handout.

($400 Billion for an Un-Constitutional vote-buting scheme....)

Biden on pace for $1 trillion budget deficit in 2023: $2.7 billion in new debt per day

The federal government borrowed $83 billion in October, putting it on a pace for another $1 trillion budget deficit this year despite lower costs related to the COVID pandemic.

www.foxbusiness.com

 

[rightwinger]

Anyone complain about Trump running Trillion Dollar deficits?

 

[JackOfNoTrades]

The federal government added $83 billion to the national debt in the first month of fiscal year 2023, according to the Congressional Budget Office (CBO), a rate of $2.7 billion in new debt per day that puts the government on track for another $1 trillion deficit this year.

Only seven of the last 25 months have resulted in deficits under $100 billion or with a budget surplus, and nine of those months saw deficits above $200 billion.

Some spending increased, most notably at the Department of Education. That department booked nearly $400 billion in more expenses in order to pay for President Biden’s student loan handout.

($400 Billion for an Un-Constitutional vote-buting scheme....)

Biden on pace for $1 trillion budget deficit in 2023: $2.7 billion in new debt per day

The federal government borrowed $83 billion in October, putting it on a pace for another $1 trillion budget deficit this year despite lower costs related to the COVID pandemic.

www.foxbusiness.com

Just 1T? His predecessor was on pace for 3T BEFORE the pandemic hit.

 

[g5000]

The federal government added $83 billion to the national debt in the first month of fiscal year 2023, according to the Congressional Budget Office (CBO), a rate of $2.7 billion in new debt per day that puts the government on track for another $1 trillion deficit this year.

Only seven of the last 25 months have resulted in deficits under $100 billion or with a budget surplus, and nine of those months saw deficits above $200 billion.

Some spending increased, most notably at the Department of Education. That department booked nearly $400 billion in more expenses in order to pay for President Biden’s student loan handout.

($400 Billion for an Un-Constitutional vote-buting scheme....)

Biden on pace for $1 trillion budget deficit in 2023: $2.7 billion in new debt per day

The federal government borrowed $83 billion in October, putting it on a pace for another $1 trillion budget deficit this year despite lower costs related to the COVID pandemic.

www.foxbusiness.com

How DO you stand the stench of your own hypocrisy?

Seriously.

 

[The Original Tree]

You will own nothing and be happy.

 

[The Original Tree]

How DO you stand the stench of your own hypocrisy?

Seriously.

He probably feels the same way you do about Biden removing sanctions on Iran so Iran can sell Suicide Drones to Russia to kill Ukrainians with in exchange for Russia helping Iran build Nuclear Weapons.

Biden's motto in 2024 should be:

Let's Make The Middle East Glass Again!

 

[Donald H]

Spending by Biden has been the biggest fear of the R party for an obvious reason. The gifts to the working class are now given time to take effect over the next two years.

That's in fact the very reason that this thread was started.

The American working class people don't care about the deficit, they care about having enough money to survive on a level that's close to or equal to the people of the other leading democracies/republics.

 

[Rye Catcher]

Anyone complain about Trump running Trillion Dollar deficits?

Ego walls that was a total failure and lots of dollars spent by flying AF 1 back and forth to his golf club and charging the secret service to pay for the rent golf carts, meals, and transportation. Corrupt is too nice to call trump - he's is criminally corrupt.

 

[Donald H]

There's a threat of the jig being up, on this one.

If the very wealthy don't want a deficit then they should start to eliminate it.

But not eliminate it off the backs of the working class.

It can't be more simple to understand than that!

 

[easyt65]

Spending by Biden has been the biggest fear of the R party for an obvious reason. The gifts to the working class are now given time to take effect over the next two years.

'Transitory', temporary inflation, high gas prices, high prices, food shortages, diesel shortages, supply chain crisis, heating oil shortages, insane heatibg energy prices, people freezing, Americans struggling to get by massive deficits...

Yeah, the working class are a excited about how the Democrats have cucked them / this country....

 

[rightwinger]

'Transitory', temporary inflation, high gas prices, high prices, food shortages, diesel shortages, supply chain crisis, heating oil shortages, insane heatibg energy prices, people freezing, Americans struggling to get by massive deficits...

Yeah, the working class are a excited about how the Democrats have cucked them / this country....

What did Democrats do to cause worldwide inflation?

The working class is excited over a record number of jobs

 

[Donald H]

'Transitory', temporary inflation, high gas prices, high prices, food shortages, diesel shortages, supply chain crisis, heating oil shortages, insane heatibg energy prices, people freezing, Americans struggling to get by massive deficits...

Yeah, the working class are a excited about how the Democrats have cucked them / this country....

You got the message I sent to Americans.

The fight will go on but the Biden admin has at least gained the ability to test the agenda of providing the gifts to the working class.

Fwiw, America's war against Russia is costly in many different ways, but there's no way that America is going to back down now. It's America's final last fight to take down all opposition.. Biden being seen as a failure or a success depends on the results of the war before the end of Biden's term.

 

[rightwinger]

You got the message I sent to Americans.

The fight will go on but the Biden admin has at least gained the ability to test the agenda of providing the gifts to the working class.

Fwiw, America's war against Russia is costly in many different ways, but there's no way that America is going to back down now. It's America's final last fight to take down all opposition.. Biden being seen as a failure or a success depends on the results of the war before the end of Biden's term.

Biden has provided gifts to America
Modern infrastructure
Jobs
Healthcare
Protection from Covid

 

[Donald H]

What did Democrats do to cause worldwide inflation?

The working class is excited over a record number of jobs

Yes, the spinoff from the presents to the working class has reaped enough awards for now in saving the election for the Dem party. Two more years has to be enough time for more chickens to come home bearing gifts.

Some are actually already saying that Biden's presidency has been the most successful of them all!

 

[OldFlame]

Anyone complain about Trump running Trillion Dollar deficits?

You're right, we shouldn't complain at all. Let's keep spending!

 

[Donald H]

Biden has provided gifts to America
Modern infrastructure
Jobs
Healthcare
Protection from Covid

But he still needs the next two years to clinch it.

Don't underestimate the brutal measures of the very wealthy to hang on to the American way. Trillions of dollars are up for grabs.

 

[OldFlame]

Just 1T? His predecessor was on pace for 3T BEFORE the pandemic hit.

So what? 1 trillion, 3 trillion, what difference does it make? Keep spending!

 

[OldFlame]

Spending by Biden has been the biggest fear of the R party for an obvious reason. The gifts to the working class are now given time to take effect over the next two years.

That's in fact the very reason that this thread was started.

The American working class people don't care about the deficit, they care about having enough money to survive on a level that's close to or equal to the people of the other leading democracies/republics.

They're going to care when it results in another depression, but you're right, until then they're stupid pawns in a billionaire's game. And once they do care, there will be nothing to stop it.

 

[Donald H]

You're right, we shouldn't complain at all. Let's keep spending!

The wealthy always has the option of saving the country but they can't be allowed to do it off the backs of the working class, for the next two years.

If they let America fail, they have to know that their own meal ticket could go up in flames.

 

[OldFlame]

What did Democrats do to cause worldwide inflation?

The working class is excited over a record number of jobs

They're certainly not doing anything from letting it run rampant in this country. I guess if the rest of the world jumps off of a cliff, you'll support the D's having us jump off of one too? Of course you would.

So what's their plan to stop inflation?