U.S. deficit rises 23% in past year as spending rises

[Neil Austen]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

 

[Bleipriester]

He promised to reduce debt.

 

[Jimmy_Chitwood]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Did you have a hissy fit when Bawwy piled on the debt?

Which President Increased U.S. Debt the Most?

 

[Neil Austen]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Did you have a hissy fit when Bawwy piled on the debt?

Which President Increased U.S. Debt the Most?

View attachment 269262

President Obama had to fix the financial disaster gong show left to him by the other Republican clown, Bush. What the fuck is Trump's excuse?

 

[Jimmy_Chitwood]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Did you have a hissy fit when Bawwy piled on the debt?

Which President Increased U.S. Debt the Most?

View attachment 269262

President Obama had to fix the financial disaster gong show left to him by the other Republican clown, Bush. What the fuck is Trump's excuse?

Nice hissy fit cupcake.

Will you lose it when Trump is elected again?

 

[miketx]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Fake news. Liars all.

 

[miketx]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Did you have a hissy fit when Bawwy piled on the debt?

Which President Increased U.S. Debt the Most?

View attachment 269262

President Obama had to fix the financial disaster gong show left to him by the other Republican clown, Bush. What the fuck is Trump's excuse?

Democrats.

 

[Billy_Kinetta]

To whom is the debt owed?

 

[Bleipriester]

Don´t be clowns. It´s the same shit.

 

[Bleipriester]

To whom is the debt owed?

Mainly China but also Russia to large part.

 

[Mikeoxenormous]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

You know, I find you liberal dickwads repugnant, because when Obama was in office, he ran a deficit of 1.15 trillion dollars a year, and you cheered the faggot. Of course if we could put all of the liberal in congress and senate to the bottom of the sea, then maybe we could stop the bullshit spending on programs that shouldn't be even funded. But you dickhead keep voting the assholes in, then bitch and moan when they run up the bill.

 

[Crepitus]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Did you have a hissy fit when Bawwy piled on the debt?

Which President Increased U.S. Debt the Most?

View attachment 269262

President Obama had to fix the financial disaster gong show left to him by the other Republican clown, Bush. What the fuck is Trump's excuse?

Nice hissy fit cupcake.

Will you lose it when Trump is elected again?

That's a deflection, not an answer.

 

[Billy_Kinetta]

To whom is the debt owed?

Mainly China but also Russia to large part.

No. Try again.

 

[flacaltenn]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

This is what you get when people speak out of ANGER and not informed reason... Not your fault entirely because the media neglects to ANALYZE this growing deficit... But it's simple. We KNEW this would happen DECADES ago....

Largest growing fraction of the deficit is the Baby Boomer crisis we were WARNED ABOUT when you were a toddler. It's happening NOW... Both SocSec and Medicare have been in cash flow DEFICIT since about 2010... MANY YEARS AHEAD of the predictions.. We are there... And the reason the deficit is growing is because the govt has LIED about the phony liquidity in the Trust Fund that Congress STOLE AND SPENT for the past 30 years. So every year that SocSec and Medicare have an income shortfall, the money doesn't come from a "trust fund fairy" -- it comes OUT of the Treasury.. And USUALLY as NEW DEBT being issued.

Which MEANS that not only were working Americans ROBBED of the overpayments on Soc Sec and Medicare all their working lives with NO tangible benefit to the FUTURE of these programs, but NOW some of the same working stiff are underwriting NEW DEBT (payable to China and the rest of world) -- which brings us to the OTHER problem..

It's the SPENDING stupid.. Congress continues to blow thru spending caps and RECENTLY -- just ignores them.. EVERY new dollar issued in debt costs taxpayers anywhere from 50 to 100% more than the face value because of interest. And we're making interest payments that are higher than the budgets of about 1/2 of the Federal agencies...

Now WHY -- you ask -- did Obama not EXPLAIN that he was not totally responsible for the rising deficit and FESS UP to the American people? Because NO politician wants to acknowledge that the "Trust Fund" ruse is just a phony accounting gimmick to run up NEW debt. And he was chicken to do that.

Why doesn't Trump do this and lay the problem out for you as simply as I just did? Dunno... He probably has NO plan to deal with the unfunded OFF-BUDGET entitlements and doesn't want to fight that battle right now...

Glad I could help... Try THINKING for yourself a bit more.. It's fun and exhilarating...

And go ahead.. Press for LARGER govt mismanaging LARGE shares of the economy until Congress is running nearly every sector of the economy... Smart........ More "single payer" "universal" everything for every one...

 

[Bleipriester]

To whom is the debt owed?

Mainly China but also Russia to large part.

No. Try again.

Subscribe to read | Financial Times

 

[ThunderKiss1965]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Don't care for any budget deficit no matter the President, but the sudden fiscal awarness coming from the left is bullshit.

 

[SAYIT]

To whom is the debt owed?

Mainly China but also Russia to large part.

Horseshit.

Less than 1/3 of gov't debt is owed to foreign interests.

 

[BuckToothMoron]

To whom is the debt owed?

Mainly China but also Russia to large part.

No, it isn’t Russia or China. It’s the Social Security Trust Fund of the United States. Our congress has been taking the money from the fund for years to fund their socialist programs. In its place they leave IOUs backed by the US tax payers. That’s right, the very same tax payers who put the money in the fund to begin with.

Imagine if you had a personal IRA. You’ve spent years saving money in your IRA, and then somebody starts spending the money and replacing it with an IOU that you then have to pay.

The U.S. debt to China is $1.11 trillion as of April 2019. That's 27% of the $4.06 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $22 trillion national debt is ownedby either the American people or by the U.S. government itself.

 

[Third Party]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Did he create the whole debt? Isn't the Democrat house in charge of money like they bragged about?

 

[flacaltenn]

The Trump administration is forecasting that the deficit for the full budget year, which ends on Sept. 30, will top $1 trillion, up from a deficit of $779 billion last year.
For fuck sakes! What a gong show!

This is what people get for putting the orange clown, Trump, who has bankrupted numerous businesses including a $3 Billion dollar casino disaster! Does good business sense me nothing to Republicans?

Don't care for any budget deficit no matter the President, but the sudden fiscal awarness coming from the left is bullshit.

Agree. But my highest problem with Trump wasn't his arrogance and trollishness. It was the fact that he stated multiple times in the 2016 campaign that "he had no problem" with running deficit spending.. And he wasn't just talking about entitlements.