US budget deficit totals $76.9 billion in July

[KissMy]

Borrow & Spend Repubtards hav NEVER been deficit hawks other than running their mouths on the campaign train when there is a Democrat President who truly cuts the deficit.

 

[Skylar]

Aint' shifted a DAMN thing "from corporate to wage earners". The only wage earners paying ANY INCOME TAX AT ALL are making $100,000 or more. 1/2 of the wage earners now pay ZERO...

They pay payroll taxes, whose revenues are almost equal to income tax revenues and almost 5 times as much as corporate revenues.

That's because FICA is expensive. Those are UNIVERSAL programs. The proceeds are ONLY SUPPOSED to go for THEIR future benefit. I'm not impressed. Half of the folks in the pile pay ZERO to OPERATE the Federal govt. You cannot "load them" by cutting taxes elsewhere.

but the government has used about $3 TRILLION of social Security surplus funds to pay for expenditures that federal income taxes should have paid for....and now they are threatening and have reduced Social Security benefits because they can't afford to pay them back for what they used....

Also, since the beginning of taxes in this Nation, the poorest and poor overall, have not been taxed to pay for federal expenditures.... this is nothing new....

you simply can't get blood out of a turnip... it is inhumane to take from the poor, and has always been recognized as such....

since early Biblical times..... the poorest were never tithed, they received the tithe.

'Fiscal Responsibility' is just empty rhetoric for Republicans. Like 'Family Values', 'Free Trade' or 'Government Transparency'.

Its just lip service for useful idiots.

 

[Brain357]

And here is our fiscally "responsible" Republican Party. What happened to the deficit hawks? What happened to all the wailing and gnashing of teeth about the growing debt when Obama was in office?

The Trump administration last month sharply revised upward its deficit estimates, projecting annual deficits will once again top $1 trillion next year.

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion. That would be up 33.7 percent from last year’s deficit of $665.8 billion.

The administration’s July estimates project that the deficit will top $1 trillion in 2019, climbing to $1.1 trillion that year, and remaining above $1 trillion for three years.

US budget deficit totals $76.9 billion in July

Only an idiot could still believe Republicans are fiscally responsible.

 

[Faun]

And here is our fiscally "responsible" Republican Party. What happened to the deficit hawks? What happened to all the wailing and gnashing of teeth about the growing debt when Obama was in office?

The Trump administration last month sharply revised upward its deficit estimates, projecting annual deficits will once again top $1 trillion next year.

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion. That would be up 33.7 percent from last year’s deficit of $665.8 billion.

The administration’s July estimates project that the deficit will top $1 trillion in 2019, climbing to $1.1 trillion that year, and remaining above $1 trillion for three years.

US budget deficit totals $76.9 billion in July

Current deficit for FY2018

1,194,518,952,267.90

Projected deficit by September 30th, 2018

1,320,218,195,040.04

Debt to the Penny (Daily History Search Application)

But hey, Americans get an extra 5 bucks in their paycheck thanks to trump's tax cuts.

 

[eagle1462010]

The Cost of Illegal Immigration to US Taxpayers | FAIR

 

[eagle1462010]

Corporate Welfare: How Big Business Lives Off Government Subsidies

In 2012 Eaton received nearly $32 million in government subsidies and promptly relocated to Ireland to avoid paying taxes in America. McDermott incorporated in Panama in 1983, but nevertheless received $12 million in government subsidies between 2000 and 2015. In that same time period ⅔ of the $68 billion in grants and tax credits went to only 600 companies, while 78% of the $18 trillion in loans, loan guarantees, and bailout assistance went to 12 banks.

 

[eagle1462010]

United States foreign aid - Wikipedia

In fiscal year 2014, the U.S. government allocated the following amounts for aid:

Total economic and military assistance: $43.10 billion

 

[KissMy]

Just look at Republican Kansas Deficit Disaster & plummeting Credit Rating! Repubtards are trying to do the same to Missouri.

Trump campaigned on increasing deficits, debt & bankrupting this country. Hillary promised to erase the entire deficit create another Clinton surplus & slash the Debt by $2 Trillion her first term. Guess who Repubtards voted for!

REPUBLICANS ALWAYS CAUSE FISCAL DISASTERS!!!!

 

[flacaltenn]

Aint' shifted a DAMN thing "from corporate to wage earners". The only wage earners paying ANY INCOME TAX AT ALL are making $100,000 or more. 1/2 of the wage earners now pay ZERO...

They pay payroll taxes, whose revenues are almost equal to income tax revenues and almost 5 times as much as corporate revenues.

That's because FICA is expensive. Those are UNIVERSAL programs. The proceeds are ONLY SUPPOSED to go for THEIR future benefit. I'm not impressed. Half of the folks in the pile pay ZERO to OPERATE the Federal govt. You cannot "load them" by cutting taxes elsewhere.

but the government has used about $3 TRILLION of social Security surplus funds to pay for expenditures that federal income taxes should have paid for....and now they are threatening and have reduced Social Security benefits because they can't afford to pay them back for what they used....

Also, since the beginning of taxes in this Nation, the poorest and poor overall, have not been taxed to pay for federal expenditures.... this is nothing new....

you simply can't get blood out of a turnip... it is inhumane to take from the poor, and has always been recognized as such....

since early Biblical times..... the poorest were never tithed, they received the tithe.

'Fiscal Responsibility' is just empty rhetoric for Republicans. Like 'Family Values', 'Free Trade' or 'Government Transparency'.

Its just lip service for useful idiots.

Well there you go.. That's the "mouth service" you EXPECT from EITHER of the corrupt, inept, power whoring Brand Name parties. That's why I won't be leaping over into their tribes anytime again in my lifetime..

 

[Skylar]

Aint' shifted a DAMN thing "from corporate to wage earners". The only wage earners paying ANY INCOME TAX AT ALL are making $100,000 or more. 1/2 of the wage earners now pay ZERO...

They pay payroll taxes, whose revenues are almost equal to income tax revenues and almost 5 times as much as corporate revenues.

That's because FICA is expensive. Those are UNIVERSAL programs. The proceeds are ONLY SUPPOSED to go for THEIR future benefit. I'm not impressed. Half of the folks in the pile pay ZERO to OPERATE the Federal govt. You cannot "load them" by cutting taxes elsewhere.

but the government has used about $3 TRILLION of social Security surplus funds to pay for expenditures that federal income taxes should have paid for....and now they are threatening and have reduced Social Security benefits because they can't afford to pay them back for what they used....

Also, since the beginning of taxes in this Nation, the poorest and poor overall, have not been taxed to pay for federal expenditures.... this is nothing new....

you simply can't get blood out of a turnip... it is inhumane to take from the poor, and has always been recognized as such....

since early Biblical times..... the poorest were never tithed, they received the tithe.

'Fiscal Responsibility' is just empty rhetoric for Republicans. Like 'Family Values', 'Free Trade' or 'Government Transparency'.

Its just lip service for useful idiots.

Well there you go.. That's the "mouth service" you EXPECT from EITHER of the corrupt, inept, power whoring Brand Name parties. That's why I won't be leaping over into their tribes anytime again in my lifetime..

We have Trump threatening google now with his cabinet members speaking of an investigation to see if Google's searches need to be regulated. So much for keeping government out of business.

There is literally nothing in the rhetoric of republican rhetorical that is factual. From 'fiscal responsibility' to 'family values' to 'government transparency'.......these are all just nonsense talking points they sell to rubes.

And notice you don't actually disagree with me on any point. Nor can you. The GOP has wiped their ass with their own false husk of an identity.

 

[McRocket]

And here is our fiscally "responsible" Republican Party. What happened to the deficit hawks? What happened to all the wailing and gnashing of teeth about the growing debt when Obama was in office?

The Trump administration last month sharply revised upward its deficit estimates, projecting annual deficits will once again top $1 trillion next year.

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion. That would be up 33.7 percent from last year’s deficit of $665.8 billion.

The administration’s July estimates project that the deficit will top $1 trillion in 2019, climbing to $1.1 trillion that year, and remaining above $1 trillion for three years.

US budget deficit totals $76.9 billion in July

Pathetic.

It's no surprise Trump corporations declared bankruptcy at least four times...the guy is pathetic at balancing his books (and forget his 'billions' - he inherited enough that if he had just left it in Spyders, he would be just as rich today as he claims to be otherwise. The guy is an economic joke).

 

[OnePercenter]

And here is our fiscally "responsible" Republican Party. What happened to the deficit hawks? What happened to all the wailing and gnashing of teeth about the growing debt when Obama was in office?

The Trump administration last month sharply revised upward its deficit estimates, projecting annual deficits will once again top $1 trillion next year.

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion. That would be up 33.7 percent from last year’s deficit of $665.8 billion.

The administration’s July estimates project that the deficit will top $1 trillion in 2019, climbing to $1.1 trillion that year, and remaining above $1 trillion for three years.

US budget deficit totals $76.9 billion in July

We need to legalize marijuana and brothels in all 57 States and territories, as well as;

-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2018 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with unlimited employees; employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2018 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 15 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

My plan would reduce business costs for employees and taxes to 30%. That's a 15%-30% drop.

My plan would put BILLIONS into the economy daily.

My plan would put the $100 trillion plus currently owned by corporate America back into the economy.

My plan would end all welfare.

My plan would significantly increase social security and pension payments.

My plan would hold prices for 10 years, thus eliminating inflation.

 

[Weatherman2020]

And here is our fiscally "responsible" Republican Party. What happened to the deficit hawks? What happened to all the wailing and gnashing of teeth about the growing debt when Obama was in office?

The Trump administration last month sharply revised upward its deficit estimates, projecting annual deficits will once again top $1 trillion next year.

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion. That would be up 33.7 percent from last year’s deficit of $665.8 billion.

The administration’s July estimates project that the deficit will top $1 trillion in 2019, climbing to $1.1 trillion that year, and remaining above $1 trillion for three years.

US budget deficit totals $76.9 billion in July

We need a bigger government to combat the debt.

 

[eagle1462010]

Just look at Republican Kansas Deficit Disaster & plummeting Credit Rating! Repubtards are trying to do the same to Missouri.

Trump campaigned on increasing deficits, debt & bankrupting this country. Hillary promised to erase the entire deficit create another Clinton surplus & slash the Debt by $2 Trillion her first term. Guess who Repubtards voted for!

REPUBLICANS ALWAYS CAUSE FISCAL DISASTERS!!!!

The Government Shutdowns and being forced into a corner is how he did it. And WELFARE REFORM.....OMFG.....stealing from the kiddies........is how it was done.............Billy Boy didn't want to do it..........then later took credit for what he was forced to do...........

Then in the end he signed a Free Pass to the Too Big To Fail Crowd.......They Too big to Regulate now........ending Glass Steigal......In Fairness......the Globalist from the GOP wanted it too............the result............the very thing the Glass Steigal Act was supposed to prevent........

Unless we make hard decisions..........the debt will continue to rise.......Unfunded Liabilities ENSURE IT...........We don't have a prayer of keeping those promises no matter what we do............................Cliffs ahead........when..........who knows..........better have a parachute.........your gonna need it.

 

[flacaltenn]

We have Trump threatening google now with his cabinet members speaking of an investigation to see if Google's searches need to be regulated. So much for keeping government out of business.

Google threatens the fabric of American freedom. But that's a PEOPLE issue, not a government issue. THeir original motto "Don't be Evil" was ditched recently. Because maybe it struck some nerves. Trump has been reserved about calling for media intervention, because the MEDIA --- including SOCIAL media is destroying itself. He doesn't have to lift a finger to sign a bill. He knows it and anyone following this collapse of journalism and responsible speech knows it. The THREAT comes more from the camel that had 2 hooves under the tent in the form of "Net Neutrality" and "hate speech" codes that the left DESPERATELY wants.

There is literally nothing in the rhetoric of republican rhetorical that is factual. From 'fiscal responsibility' to 'family values' to 'government transparency'.......these are all just nonsense talking points they sell to rubes.

And notice you don't actually disagree with me on any point. Nor can you. The GOP has wiped their ass with their own false husk of an identity.

You would be far better checking out the loss of "sense of identity" in your OWN party. There's a lot of desperate flailing and courting of dead end memes going on in there.

I weighed in a LOT earlier in this thread when it was on topic and focused on economic fiscal responsibility. I did my part. Now you're diverting this into a partisan thing. The fiscal insanity we're now seeing has been LONG in the making. Because BOTH parties failed to manage "entitlements", spending and budgeting. It AIN'T a partisan thing.

I used to have a short list of "libertarian" democrats who could be counted on to defend EVERY Civil Liberty issue AND be budget hawks. THey're all dead or eating pudding in assisted living homes and replaced by a new stable of know-nothing socialists preaching free shit and anarchy..

You got a lot of work of to do. YOU don't have the leisure of going full-time on Repub problems..

 

[eagle1462010]

We have Trump threatening google now with his cabinet members speaking of an investigation to see if Google's searches need to be regulated. So much for keeping government out of business.

Google threatens the fabric of American freedom. But that's a PEOPLE issue, not a government issue. THeir original motto "Don't be Evil" was ditched recently. Because maybe it struck some nerves. Trump has been reserved about calling for media intervention, because the MEDIA --- including SOCIAL media is destroying itself. He doesn't have to lift a finger to sign a bill. He knows it and anyone following this collapse of journalism and responsible speech knows it. The THREAT comes more from the camel that had 2 hooves under the tent in the form of "Net Neutrality" and "hate speech" codes that the left DESPERATELY wants.

There is literally nothing in the rhetoric of republican rhetorical that is factual. From 'fiscal responsibility' to 'family values' to 'government transparency'.......these are all just nonsense talking points they sell to rubes.

And notice you don't actually disagree with me on any point. Nor can you. The GOP has wiped their ass with their own false husk of an identity.

You would be far better checking out the loss of "sense of identity" in your OWN party. There's a lot of desperate flailing and courting of dead end memes going on in there.

I weighed in a LOT earlier in this thread when it was on topic and focused on economic fiscal responsibility. I did my part. Now you're diverting this into a partisan thing. The fiscal insanity we're now seeing has been LONG in the making. Because BOTH parties failed to manage "entitlements", spending and budgeting. It AIN'T a partisan thing.

I used to have a short list of "libertarian" democrats who could be counted on to defend EVERY Civil Liberty issue AND be budget hawks. THey're all dead or eating pudding in assisted living homes and replaced by a new stable of know-nothing socialists preaching free shit and anarchy..

You got a lot of work of to do. YOU don't have the leisure of going full-time on Repub problems..

This issue has always been partisan issue.............One side saying you are throwing granny under the bus if you dare cut anything................other side you are a 1% if you don't want to raise taxes...........we state the costs of illegal immigration............the other states we are racist...........

Under this environment.............there can be no compromises.............the Establishment doesn't care which party wins as long as they do their bidding........don't care if we crash and burn and have a reset.......as long as they hold the deeds to the real property and wealth when it's over............

I've sat down researched ways to massively cut the budget.......it falls on deaf ears...........no one will do a thing about it..........so down the road to the cliff we go...........

 

[Skylar]

We have Trump threatening google now with his cabinet members speaking of an investigation to see if Google's searches need to be regulated. So much for keeping government out of business.

Google threatens the fabric of American freedom. But that's a PEOPLE issue, not a government issue. THeir original motto "Don't be Evil" was ditched recently. Because maybe it struck some nerves. Trump has been reserved about calling for media intervention, because the MEDIA --- including SOCIAL media is destroying itself. He doesn't have to lift a finger to sign a bill. He knows it and anyone following this collapse of journalism and responsible speech knows it. The THREAT comes more from the camel that had 2 hooves under the tent in the form of "Net Neutrality" and "hate speech" codes that the left DESPERATELY wants.

There is literally nothing in the rhetoric of republican rhetorical that is factual. From 'fiscal responsibility' to 'family values' to 'government transparency'.......these are all just nonsense talking points they sell to rubes.

And notice you don't actually disagree with me on any point. Nor can you. The GOP has wiped their ass with their own false husk of an identity.

You would be far better checking out the loss of "sense of identity" in your OWN party. There's a lot of desperate flailing and courting of dead end memes going on in there.

I weighed in a LOT earlier in this thread when it was on topic and focused on economic fiscal responsibility. I did my part. Now you're diverting this into a partisan thing. The fiscal insanity we're now seeing has been LONG in the making. Because BOTH parties failed to manage "entitlements", spending and budgeting. It AIN'T a partisan thing.

I used to have a short list of "libertarian" democrats who could be counted on to defend EVERY Civil Liberty issue AND be budget hawks. THey're all dead or eating pudding in assisted living homes and replaced by a new stable of know-nothing socialists preaching free shit and anarchy..

You got a lot of work of to do. YOU don't have the leisure of going full-time on Repub problems..

This issue has always been partisan issue.............One side saying you are throwing granny under the bus if you dare cut anything................other side you are a 1% if you don't want to raise taxes...........we state the costs of illegal immigration............the other states we are racist...........

Under this environment.............there can be no compromises.............the Establishment doesn't care which party wins as long as they do their bidding........don't care if we crash and burn and have a reset.......as long as they hold the deeds to the real property and wealth when it's over............

I've sat down researched ways to massively cut the budget.......it falls on deaf ears...........no one will do a thing about it..........so down the road to the cliff we go...........

Republicans control the house, the senate and the presidency. The budget is 100% theirs.

As is the deficit.

 

[flacaltenn]

We have Trump threatening google now with his cabinet members speaking of an investigation to see if Google's searches need to be regulated. So much for keeping government out of business.

Google threatens the fabric of American freedom. But that's a PEOPLE issue, not a government issue. THeir original motto "Don't be Evil" was ditched recently. Because maybe it struck some nerves. Trump has been reserved about calling for media intervention, because the MEDIA --- including SOCIAL media is destroying itself. He doesn't have to lift a finger to sign a bill. He knows it and anyone following this collapse of journalism and responsible speech knows it. The THREAT comes more from the camel that had 2 hooves under the tent in the form of "Net Neutrality" and "hate speech" codes that the left DESPERATELY wants.

There is literally nothing in the rhetoric of republican rhetorical that is factual. From 'fiscal responsibility' to 'family values' to 'government transparency'.......these are all just nonsense talking points they sell to rubes.

And notice you don't actually disagree with me on any point. Nor can you. The GOP has wiped their ass with their own false husk of an identity.

You would be far better checking out the loss of "sense of identity" in your OWN party. There's a lot of desperate flailing and courting of dead end memes going on in there.

I weighed in a LOT earlier in this thread when it was on topic and focused on economic fiscal responsibility. I did my part. Now you're diverting this into a partisan thing. The fiscal insanity we're now seeing has been LONG in the making. Because BOTH parties failed to manage "entitlements", spending and budgeting. It AIN'T a partisan thing.

I used to have a short list of "libertarian" democrats who could be counted on to defend EVERY Civil Liberty issue AND be budget hawks. THey're all dead or eating pudding in assisted living homes and replaced by a new stable of know-nothing socialists preaching free shit and anarchy..

You got a lot of work of to do. YOU don't have the leisure of going full-time on Repub problems..

This issue has always been partisan issue.............One side saying you are throwing granny under the bus if you dare cut anything................other side you are a 1% if you don't want to raise taxes...........we state the costs of illegal immigration............the other states we are racist...........

Under this environment.............there can be no compromises.............the Establishment doesn't care which party wins as long as they do their bidding........don't care if we crash and burn and have a reset.......as long as they hold the deeds to the real property and wealth when it's over............

I've sat down researched ways to massively cut the budget.......it falls on deaf ears...........no one will do a thing about it..........so down the road to the cliff we go...........

You don't NEED to empty the whole can of racism, taxes,ect to pass and manage a budget. The theft of over $2Trillion in Soc Sec surpluses was done in complete agreement between the parties. Repubs have never CUT A BUDGET or a major PROGRAM. The facts speak for the ineptitude of BOTH parties.

 

[Skylar]

We have Trump threatening google now with his cabinet members speaking of an investigation to see if Google's searches need to be regulated. So much for keeping government out of business.

Google threatens the fabric of American freedom.

Unless it doesn't. Remember, conservatives are the same hapless souls that insisted that Google blocked searches on 'Jesus' and Chik'fil'A.

Claims backed by nothing, of course. Just as Trump's claim that Google was 'rigging' his search results is backed by nothing.

My question is....why are conservatives so eager to gobble down any batshit tweet that Trump offers?

But that's a PEOPLE issue, not a government issue. THeir original motto "Don't be Evil" was ditched recently. Because maybe it struck some nerves. Trump has been reserved about calling for media intervention, because the MEDIA --- including SOCIAL media is destroying itself. He doesn't have to lift a finger to sign a bill. He knows it and anyone following this collapse of journalism and responsible speech knows it. The THREAT comes more from the camel that had 2 hooves under the tent in the form of "Net Neutrality" and "hate speech" codes that the left DESPERATELY wants.

Why would you oppose net neutrality? How is net neutrality a 'threat'? Excluse me....a THREAT. I forgot the all caps.

You're getting a little....melodramatic here.

You would be far better checking out the loss of "sense of identity" in your OWN party. There's a lot of desperate flailing and courting of dead end memes going on in there.

'I'm rubber, you're glue'? Really?

If you're going to ignore the wholesale abandonment of the GOP of virtually every principle it ever gave lip service to, just say so.

As the GOP has wiped its ass with 'fiscal responsibility'. Just like it did family values. Just like it did government transparency. Just like it did free trade.

The GOP stands for.....nothing. Maybe tax cuts for corporations and trying to fuck with women's reproduction. Those are the only tenets that seem to be true GOP planks.

The rest of just marketing shit they tell rubes.

 

[flacaltenn]

Why would you oppose net neutrality? How is net neutrality a 'threat'? Excluse me....a THREAT. I forgot the all caps.

Why?? Because "net neutrality" in practice was an exercise in pure corporate cronyism. Favoring ONE lobby against another. And it was a slippery slope of having control over the TYPES of content that got priority on the interwebs.

And if you think that one of the biggest companies in the world -- a company that HELPS despot govts suppress free speech and access to information -- a company that has perfected the practice of "surveillance capitalism" is NOT gonna use those tools to "change the world" in their own image -- you''re naive and suicidal.

That's what their corporate motivation is -- to change the world and control the way that YOU see it..