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

[Hafar1014]

I'm not saying that just yet, since Trump just requested a $1.5T defense budget for 2027, and has to pay back his "illegal" tariffs.

The tariffs will not be paid back and we are still collecting them. Trump is the best chance we have to lower the national debt. He already lowered the deficit, Democrats will fight him every step of the way.

 

[task0778]

I'm not ready for "the sky is falling" scenario just yet.

You should be at least concerned enough to demand fiscal responsibility from both parties. Maybe the sky ain't falling yet, but the load gets heavier every day. And it's gonna happen sooner or later whether we are ready or not.

 

[Hafar1014]

You should be at least concerned enough to demand fiscal responsibility from both parties. Maybe the sky ain't falling yet, but the load gets heavier every day. And it's gonna happen sooner or later whether we are ready or not.

Democrats have no fiscal responsibility. Their power comes form using tax money and social programs to bribe voters like we see in Minn. Welfare Fraud is the main source of democrat party's power.

 

[AntonToo]

That graph is hypothetical and means nothing. The deficit did drop under Trump

Wrong, wrong again.

Deficits are increasing. 2025 decrease from 2024 is on-paper only, because ~400b in BBB deficits and 160billion in tariffs pay-back are taking place in 2026.

Anyone claiming that deficits are decreasing under Trump doesn’t know their ass from their face.

 

[AntonToo]

Your link uses a very big "assumption" that will probably not happen, but if it does we are toast, namely...
If interest rates are 1% above projections for a decade...unlikely under Kevin Warsh.

1% Higher Interest Rates Add $3.5 Trillion in Debt | Committee for a Responsible Federal Budget

2026-04-22-Interest costs will exceed

www.crfb.org

"For example, if interest rates were remain above projections this year and be 1.0 percentage point above projections through the decade – bringing the 10-year Treasury note from an average 4.3% over the decade to 5.3% – it would add an additional $3.5 trillion to the debt above projections. By 2036, interest costs would total $2.7 trillion – nearly 6% of Gross Domestic Product (GDP). Debt held by the public would rise close to 128% of GDP, compared to 120% under current law projections."

I'm not ready for "the sky is falling" scenario just yet.

Never mind long term projections, we are talking about near term, year 2026 interest costs and there is zero chance of any reduction.

Inflation is up to 3.3% because of the war, Fed will not be cutting rates anytime soon, unless Trump somehow politically forces it (which will mean more inflation)

The post I was replying to showing 600b is bs. 600b is closer to YTD cost.

 

[AntonToo]

The tariffs will not be paid back and we are still collecting them. Trump is the best chance we have to lower the national debt. He already lowered the deficit, Democrats will fight him every step of the way.

Bs peddler, $160 billion has to be paid back and gov has already begun the process

 

[leftwinger]

LW deep state Roberts USSC may have added $219B back on the "reduced deficit trying to slow President Trumps tariffs.//

 

[airplanemechanic]

Not true.

Clinton had 3 years of surplus. And the trajectory at the time said that Bush could potentially pay the 5 trillion debt off.
Didn't happen. Instead he jumped into a bunch of wars we didn't need. I'll never forgive him for that.

The deficits took off on his watch and have been climbing ever since.

Old thread, old reply, but Clinton NEVER had a surplus. The national debt went up every single year Clinton was in office. The "surplus" myth is just that. Bush couldn't pay off any debt with the economic nightmare handed to him by Clinton.

Clinton handed Bush the dot-com market crash where over a Trillion dollars was lost. Thanks blowjob Bill.

The fact that so many people believe that Clinton had a surplus and handed Bush a good economy shows how far back liberal biased media goes.

 

[HikerGuy83]

but Clinton NEVER had a surplus.

Yes he did.

I don't get why the numbers come out the way they do in reporting.

But you will see that the treasury says he has a surplus. I don't have time right now to dig, but this chart shows a surplus in 2000.

 

[HikerGuy83]

LW deep state Roberts USSC may have added $219B back on the "reduced deficit trying to slow President Trumps tariffs.//

They did.....

Getting interest rates down would help a great deal.

But that can't be rushed.

 

[HikerGuy83]

The tariffs will not be paid back and we are still collecting them

I think we are paying them back (the ones that were declared illegal).

As I understand it, he then increased tarriffs in other areas that will not be challenged in courts. I don't know the math on those yet (if that is the case).

 

[leftwinger]

They did.....

Getting interest rates down would help a great deal.

But that can't be rushed.

//Bottom line: Obama zero rates almost every year.//


The first rate increase under Obama happened in December 2015, followed by another in December 2016. raised up just in time for Trump

Low rates helped boost asset prices and reduce government borrowing costs, but also contributed to wealth inequality and stagnant savings returns

 

[HikerGuy83]

//Bottom line: Obama zero rates almost every year.//


The first rate increase under Obama happened in December 2015, followed by another in December 2016. raised up just in time for Trump

Low rates helped boost asset prices and reduce government borrowing costs, but also contributed to wealth inequality and stagnant savings returns

In this case, it was the Bidenflation driver.

 

[leftwinger]

Very little of the Obama $1T "stimulus" baked in every year (no budget, used a CR every year) went to any meaningful infrastructure or real property.

He ramped up FED GOVT, wasted on Solar & wind, gave to Bue GOVT to build up State GOVT. During the necer ending Congress recession, they stocked up 1000 new hires into FED GOVT every single day for 8 years.

Now Trump tries to unwind it all, almost all alone. Fighting Congress and corrupt judges. I just have to keep pointing it out. I know what happened back then. And yes, I'm still mad about it.