Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama

[Vigilante]

Does anyone remember the LIAR IN CHIEF saying this?

 

[S.J.]

Base the budget on projected revenues.

Which is nearly impossible to accomplish accurately.

A balanced budget amendment means that they don't spend more than they take in. If revenues fall short by say $100 billion, then they cut spending by $100 billion. See how it works?

 

[OnePercenter]

A balanced budget amendment means that they don't spend more than they take in. If revenues fall short by say $100 billion, then they cut spending by $100 billion. See how it works?

So what do you cut?

 

[Vigilante]

A balanced budget amendment means that they don't spend more than they take in. If revenues fall short by say $100 billion, then they cut spending by $100 billion. See how it works?

So what do you cut?

• The government spends about $100 million every four years to subsidize parties at the political conventions.

• The Department of Agriculture spent $2 million to fund an internship program. The program hired one full-time intern.

• Last year, $120 million was paid to dead federal employees.

• A total of $146 million was paid for federal employees to upgrade their flights to business class.

• The government spent $2.6 million to encourage Chinese prostitutes to drink more responsibly.

• The Department of Health and Human Services provided an $800,000 subsidy to build and IHop in Washington, D.C.

• The National Institutes of Health has given $1.5 million to Brigham and Women’s Hospital in Boston to study why “three-quarters” of lesbians in the United States are overweight and why most gay males are not.

• During 2012, $25,000 of federal money was spent on a promotional tour for the Alabama Watermelon Queen.

• The U.S. government spent $505,000 “to promote specialty hair and beauty products for cats and dogs” last year.

• NASA spends close to $1 million per year developing a menu of food for a manned mission to Mars even though it is being projected that a manned mission to Mars is still decades away.

• Over the past 15 years, a total of approximately $5.25 million has been spent on hair care services for the U.S. Senate.

• The U.S. government spent $27 million to teach Moroccans how to design and make pottery in 2012.

• During fiscal 2012, the National Science Foundation gave researchers at Purdue University $350,000. They used part of that money to help fund a study that discovered that if golfers imagine that a hole is bigger it will help them with their putting.

• A total of $10,000 of U.S. taxpayer money was actually used to purchase talking urinal cakes in Michigan.

• Vice President Joe Biden and his staff stopped in Paris for one night back in February. The hotel bill for that one night came to $585,000.

• The U.S. Department of Agriculture has spent $300,000 to encourage Americans to eat caviar produced in Idaho.

• The National Institute of Health recently gave $666,905 to a group of researchers that is conducting a study on the benefits of watching reruns on television.

• The National Institute of Health also spent $592,527 on a study that sought to figure out once and for all why chimpanzees throw poop.

• The federal government spent $750,000 on a new soccer field for detainees held at Guantanamo Bay.

• The IRS spent $60,000 on a film parody of Star Trek and a film parody of Gilligan’s Island.

• Last year, the federal government spent $96,000 to buy iPads for kindergarten students in Maine.

• The U.S. government spent $200,000 on “a tattoo removal program” in Mission Hills, Calif.

• Last year, the government spent just under $1 million posting snippets of poetry in zoos around the country.

• The U.S. Air Force Office of Scientific Research spent $300,000 on a study that concluded the first bird on Earth probably had black feathers.

• The federal government spent $75,000 to promote awareness about the role Michigan plays in producing Christmas trees and poinsettias.

And this list could go on and on and on.

 

[OnePercenter]

A total of $146 million was paid for federal employees to upgrade their flights to business class.

Newsmax courts readers with statistic about federal waste in airline tickets PolitiFact

 

[OnePercenter]

The government spends about $100 million every four years to subsidize parties at the political conventions.

Isn't that security costs?

 

[OnePercenter]

I could go on but I'm bored.

 

[AntiParty]

Yes, Imperial Leader is THIS STUPID! Can you imagine where we will be in Jan. 2017!!!!

Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.....

Total US Debt Rises Over 18 Trillion Up 70 Under Barack Obama Zero Hedge

Funny how Obama has the least spending growth of any president since 1955. You do understand that new expenses Bush made will carry over onto Obama if he doesn't ban them, (R)ight?

Obama spends too, but your ignorance is bias.
v
The Cost of War in Iraq
^

 

[EdwardBaiamonte]

A balanced budget amendment means that they don't spend more than they take in. If revenues fall short by say $100 billion, then they cut spending by $100 billion. See how it works?

So what do you cut?

it does't matter as long as they earn their pay and balance the budget

 

[bigrebnc1775]

Make liberal parasites pay it off, it's their debt anyway.

I agree.

 

[Vigilante]

Yes, Imperial Leader is THIS STUPID! Can you imagine where we will be in Jan. 2017!!!!

Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.....

Total US Debt Rises Over 18 Trillion Up 70 Under Barack Obama Zero Hedge

Funny how Obama has the least spending growth of any president since 1955. You do understand that new expenses Bush made will carry over onto Obama if he doesn't ban them, (R)ight?

Obama spends too, but your ignorance is bias.
v
The Cost of War in Iraq
^

You do understand whatever happens since Jan. 2009 is Obuma's responsibility, as was all the shit Clinton left over was Bush's... No, I don't think it fits your agenda!

 

[Staidhup]

Possibly one should focus on the House and Senate, their spending bills, expansion of government, entitlement programs, pork, and subsidies, then point the finger, or better yet flip off the person you see in the mirror and commend yourself for your stupidity.

 

[EdwardBaiamonte]

Possibly one should focus on the House and Senate, their spending bills, expansion of government, entitlement programs, pork, and subsidies, then point the finger, or better yet flip off the person you see in the mirror and commend yourself for your stupidity.

solution to debt crisis is to simply make debt illegal. Liberals oppose as their programs is based on the free lunch principle!!