2025 Deficit comes in at 1.97 Trillion. This Is Way Out of Hand

[AntonToo]

Obiden people set this in motion long long ago. Congress eats it up, more USAID to pilfer from.

Dropping the annual deficit to less than $500B is a great feat.

Antonio chart shows deficit near $250B.

The Auto pen was running at $2T.

...the chart shows how much deficit is added by the BBB.

It does not show total deficit.

I guess you wouldn't be Trumptards if you had any clue.

 

[leftwinger]

Link please.

Fiscal 2025 was not down by 500 or 250 billion.

Believe me, I wish it was.

His chart showed deficit going forward at $250B to $500B. Now he claims it is added deficit.

 

[leftwinger]

Nobody knows ten years out.

Obiden left 12 tears complete destruction, it may be unfixable onto the China Flu they spread in 2029 costing $6T more.

China owes $14T with the DNC owes. Don't have it? Gitmo it is.

 

[the watcher]

Congress can pick at discretionary spending if they want, but they even add to that. Mandatory spending is what does the heavy lifting in increasing the deficit and the quality of life for what used to be the middle class. They really pump this up with their meddling and incompetence. It is a monster.

Key​

1. Social Security: This is the largest mandatory spending program, providing retirement, disability, and survivor benefits to millions of Americans. In fiscal year 2024, Social Security outlays were approximately $1.5 trillion, accounting for about 22% of total federal spending.
   
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2. Medicare: The second-largest mandatory program, Medicare provides health insurance for Americans aged 65 and older, as well as certain younger individuals with disabilities. In FY2024, Medicare outlays totaled around $865 billion, or 12.7% of federal spending.
   
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3. Medicaid: This program offers health coverage to low-income individuals and families. Medicaid spending is also classified as mandatory, as it is required by law to provide benefits to eligible participants.
   
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4. Supplemental Nutrition Assistance Program (SNAP): Commonly known as food stamps, SNAP provides nutritional assistance to low-income families. The funding for SNAP is mandatory and adjusts based on the number of eligible participants.
   
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5. Unemployment Insurance: This program provides temporary financial assistance to individuals who have lost their jobs through no fault of their own. It is funded through mandatory spending, with states administering their own programs under federal guidelines.
   
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6. Earned Income Tax Credit (EITC): This is a refundable tax credit for low- to moderate-income working individuals and families, which is also considered mandatory spending.
   
   

 

[kyzr]

Who shits all this half-baked garbage in your head?

The CBO. You know, the OFFICIAL budget scorekeeper. Not the bullshit link you posted. The CBO's revised score for the BBB was $2.4T over 10-years, not the $3.4T your "unofficial" link scored.

H.R. 1, One Big Beautiful Bill Act (Dynamic Estimate)

As passed by the House of Representatives on May 22, 2025

www.cbo.gov

"The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over the 2025-2034 period"

Biden's last budget was FY2025, BBB cuts right about ZERO deficit from that budget and from there increases budget deficits by almost ~500billion a year until 2030

Biden's last budget, 2025, has a $1.8T deficit. The BBB has a $2.4T deficit over 10-years, or an avg $240b deficit a year.
$1.8T - $0.24T = $1.56T the BBB cut off Biden's last budget.

The 2026 budget deficit of $240b can be reduced further:
If congress incorporates the DOGE savings -$200b
If the FED cuts 2% off the interest rate -$600b
If the GDP grows at 3% instead of the assumed 1.8% -$300b

So the BBB is a much better budget than moron Joe's last budget, and your bullshit.

 

[AntonToo]

The CBO. You know, the OFFICIAL budget scorekeeper. Not the bullshit link you posted. The CBO's revised score for the BBB was $2.4T over 10-years, not the $3.4T your "unofficial" link scored.

H.R. 1, One Big Beautiful Bill Act (Dynamic Estimate)

As passed by the House of Representatives on May 22, 2025

www.cbo.gov

"The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over the 2025-2034 period"

Biden's last budget, 2025, has a $1.8T deficit. The BBB has a $2.4T deficit over 10-years, or an avg $240b deficit a year.
$1.8T - $0.24T = $1.56T the BBB cut off Biden's last budget.
View attachment 1175394

Dum dum, you don't decrease deficit by increasing deficit

It's not 1.8T-0.24T, it is 1.8T+0.24

This is aside from the fact that the source article I've posted directly cites CBO and JCT

Here is the final CBO score on BBB : Estimated Budgetary Effects of an Amendment in the Nature of a Substitute to H.R. 1, the One Big Beautiful Bill Act, Relative to CBO's January 2025 Baseline - It's 3.2T additional deficit over the decade.

 

[kyzr]

Idiot, you don't decrease deficit by increasing deficit
It is not 1.8T-0.24T, it is 1.8T+0.24
What the **** is wrong with you?

You are the ******* moron.
Those are ANNUAL DEFICITS
Bidens 2025 deficit was $1.8T, I gave you the link.
the BBB is projected to be $0.24T by the CBO, I gave you the link.

The BBB reduced the annual deficit by $1.5T you ******* moron.

 

[AntonToo]

His chart showed deficit going forward at $250B to $500B. Now he claims it is added deficit.

It does not show "deficit going forward", it shows just the budgetary effect of BBB.

When are you going to start using your head already? This is not rocket science.

 

[AntonToo]

You are the ******* moron.
Those are ANNUAL DEFICITS
Bidens 2025 deficit was $1.8T, I gave you the link.
the BBB is projected to be $0.24T by the CBO, I gave you the link.

The BBB reduced the annual deficit by $1.5T you ******* moron. Which is what the democrats want to add back in.

You are pissing yourself in public.


BBB cost projection is added ON TOP of existing baseline budget deficit, it does not somehow replace it.

...I've bolded the very part in your own post that reads:

"The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over the 2025-2034 period"


INCREASE DEFICIT

INCREASE DEFICIT

INCREASE DEFICIT

Read those words untill you understand that BBB in fact....INCREASES DEFICIT.

 

[kyzr]

You are pissing yourself in public.
BBB cost projection is ON TOP of existing baseline budget deficit, it does not somehow replace it.
...I've bolded the very part in your own post that reads:

"The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over the 2025-2034 period"

Read those words until you understand that BBB in fact....INCREASES DEFICIT.

INCREASE THE PRIMARY DEFICIT YOU ******* MORON, THAT IS THE NATIONAL DEBT OF $38T

The BBB would increase the "primary deficit" or the National Debt" by $2.4T over the next 10-years.

It makes no sense to add the BBB deficit debt to Biden's 2024 budget deficit of $1.8T

 

[task0778]

The 2026 budget deficit of $240b can be reduced further:
If congress incorporates the DOGE savings -$200b

Good idea.

If the FED cuts 2% off the interest rate -$600b

You think maybe inflation will become a problem if this happens? There's a reason why the Fed is so cautious about cutting interest rates.

If the GDP grows at 3% instead of the assumed 1.8% -$300b

OK by me. But it ain't enough IMHO. I think the SSA program has to be redone: raise the cap on income, raise the minimum age, and increase the tax. That program is not fiscally sound and IMHO must be addressed. I think everybody should share in this pain, not just the wealthy. But that ain't exactly politically popular, so it ain't gonna happen.

Fine, what are the other options for reducing spending? We can't do it by just raising taxes.

 

[AntonToo]

INCREASE THE PRIMARY DEFICIT YOU ******* MORON, THAT IS THE NATIONAL DEBT OF $38T

The BBB would increase the "primary deficit" or the National Debt" by $2.4T over the next 10-years.

It makes no sense to add the BBB deficit debt to Biden's 2024 budget deficit of $1.8T

...national debt is....simply annual deficits added up. They are not two seperate things.

How does the national debt get increased by "2.4T" over 10 years by BBB policy? By that policy increasing annual deficit by an average of 240 billion.


You suggesting that national debt could be increased by a policy that supposedly decreases deficits just shows you are completely out to lunch and are incompetent at doing even most elementary analysis.

 

[22lcidw]

...the chart shows how much deficit is added by the BBB.

It does not show total deficit.

I guess you wouldn't be Trumptards if you had any clue.

Whatever politic are, just add the costs form legislation in the past. Some politicians warned. So, Medicare and Medicaid were supposed to be cheap 60 years ago. July 30, 1965, as an example. The total costs today are now two trillion dollars a year and still growing exponentially. So, budgets have to include that. And the other programs that were started are the same way. Our fiat currency last chance to stay under control was when Volker raised interest rates over forty years ago. We now exist on living off of foreign nations for products. Somehow, we think that collecting checks and benefits for sitting on our asses is the norm.

 

[kyzr]

Good idea. (For congress to incorporate the DOGE $200b savings)
You think maybe inflation will become a problem if this happens? There's a reason why the Fed is so cautious about cutting interest rates.

If inflation is under 3% and raises are 5% or 6% inflation shouldn't be an issue. The "neutral rate" is about 2.5% so the Fed should be able to cut 1.5% and still remain inflation neutral.

OK by me. But it ain't enough IMHO. (for the GDP to be at 3% instead of 1.8%)

If we add the DOGE $200b, the $300b for rate cuts, and even $200b for a better GDP we end up with a $500b surplus, unless money is put toward the ACA subsidies, or entitlements.

I think the SSA program has to be redone: raise the cap on income, raise the minimum age, and increase the tax. That program is not fiscally sound and IMHO must be addressed. I think everybody should share in this pain, not just the wealthy. But that ain't exactly politically popular, so it ain't gonna happen.

SS doesn't need to be redone, but it does need to be fixed. I agree with your fixes. Raise the cap, raise the ages, reduce the COLA. If not fixed, we would only get about 77% of promised benefits. Birth rates affect the long term viability.

Fine, what are the other options for reducing spending? We can't do it by just raising taxes.

Raising the top tax rate to 40% only gains $160b a year. Trump said he is supportive of that.
Other than that, eliminating the capital gains tax break would gain about $200b annually
$360b a year would help pay down the $38T DEBT.

 

[kyzr]

...national debt is....simply annual deficits added up. They are not two separate things.

They are two separate things, but they are related as you show.

How does the national debt get increased by "$2.4T" over 10 years by BBB policy? By that policy increasing annual deficit by an average of $240 billion.

Correct. According to the CBO projection as their ink shows.

You suggesting that national debt could be increased by a policy that supposedly decreases deficits just shows you are completely out to lunch and are incompetent at doing even most elementary analysis.

Math is racist, huh? The BBB decreases the annual deficit from $1.8T in 2025 to $240b in 2026. Too complex for you to grasp?

 

[AntonToo]

The BBB decreases the annual deficit from $1.8T in 2025 to $240b in 2026. Too complex for you to grasp?

Where did you get the idea that BBB makes entire federal 2026 budget deficit $240 billion?

You sound completely ******* insane.

$240 billion is just an average annual increase in deficit from BBB over 10 years (from an outdated CBO projection of house bill).

Meaning you take whatever deficit we would otherwise have and INCREASE it by new BBB's costs.

 

[kyzr]

Where did you get the idea that BBB makes entire federal 2026 budget deficit $240 billion? You sound completely ******* insane.
$240 billion is just an average annual increase in deficit from BBB over 10 years (from an outdated CBO projection of house bill). Meaning you take whatever deficit we would have and INCREASE it by BBB's costs.

This is the link to the revised CBO scoring for the BBB. Read it until you understand it.
HINT: The "primary deficit" is the $38T national debt.

H.R. 1, One Big Beautiful Bill Act (Dynamic Estimate)

As passed by the House of Representatives on May 22, 2025

www.cbo.gov

The BBB is a standalone 2026 budget you moron, it is not additive to Biden's last 2025 budget.

 

[AntonToo]

This is the link to the revised CBO scoring for the BBB. Read it until you understand it.
HINT: The "primary deficit" is the $38T national debt.

H.R. 1, One Big Beautiful Bill Act (Dynamic Estimate)

As passed by the House of Representatives on May 22, 2025

www.cbo.gov

Scorring for BBB...IS NOT THE TOTAL FEDERAL DEFICIT dummy.

The scoring is just for BBB costs and what this scoring shows is that BBB will increase deficits, not decrease them.

Difference between the black and the red line is how much BBB is projected to increase deficit by.

You have zero understanding of what you are talking about.

 

[kyzr]

Scoring for BBB...IS NOT THE TOTAL FEDERAL DEFICIT dummy.
The scoring is just for BBB costs and what this scoring shows is that BBB will increase deficits, not decrease them.
Difference between the black and the red line is how much BBB is projected to increase deficit by.

You have zero understanding of what you are talking about.

Dumbass. You just proved my point. Your graph shows that the BBB adds $2.4T to the national debt over 10-years, or an average $240b a year. Matching the revised CBO scoring.
Biden's 2025 budget added $1.8T to the national debt in only 1-year.
So the BBB cut $1.5T OFF BIDEN'S LAST ANNUAL DEFICIT. A MAJOR STEP TOWARD A BALANCED BUDGET.

 

[AntonToo]

Dumbass. You just proved my point. Your graph shows that the BBB adds $2.4T to the national debt over 10-years, or an average $240b a year. Matching the revised CBO scoring.
Biden's 2025 budget added $1.8T to the national debt in only 1-year.
So the BBB cut $1.5T OFF BIDEN'S LAST ANNUAL DEFICIT. A MAJOR STEP TOWARD A BALANCED BUDGET.

You still don't get it, BBB deficit is in addition to the underlying budget.

2026 budget deficit without BBB was projected to be 1.7T, with additional BBB deficit it is projected to be 2.2T.

You saying that 2026 budget deficit will be 240 billion is just a stupid, divorced from reality nonsense.


Can someone else explain this to him? He is too emotionally invested in not understanding even most simple facts, so long as I'm the one explaining it to him.