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

[Nostra]

And what would define "correct"?

It's unfortunate that you feel the need to play that game.

If you choose to use a source you should know something about its track record. Apparently, you don’t.

If you can’t show where any of their predictions were correct don’t cry when their credibility is questioned.

 

[leftwinger]

Tarrifs + Interest payments (reduced rates) + DOGE should total over $1T by next year.

If dirty Congress does not increase every single line item spending....the Annual "Deficit" should be reduced going forward (2026 and onwards). At least one side is trying to change course. SHUP Board STAIN, just SHUP.

 

[candycorn]

That doesnt change the spending though. A continuing resolution is the same as a budget.

Not quite. It doesn’t reflect a president’s priorities.

 

[Admiral Rockwell Tory]

The US wasn’t formed on Islamic principles. It was formed on Judeo-Christian principles.

It was formed on British principles if you want to get right down to it. I don't see any reference to a specific religion anywhere in our founding documents.

The Five Pillars of Islam are basically the Islamic Commandments. In this country we do not establish a state religion and do not support one over the others.

 

[Couchpotato]

Not quite. It doesn’t reflect a president’s priorities.

Do you really think the budget would have been smaller?

 

[CrusaderFrank]

Well.....this is great news.

The 2025 deficit was 1.97 trillion. Total revenue was 4.69 trillion which means our deficit was 42% of total revenue and 29.5% of total spending.

I don't have an actual figure, but you can count on 1 trillion of spending on debt servicing alone. 1 FREAKING TRILLION.

In 2024 the deficit was 1.83 trillion.

AND NOBODY CARES (in government).

This is beyond reprehensible.

Your Guide to America’s Finances

Check out @FiscalService Fiscal Data’s new guide to America’s finances! #FiscalData

fiscaldata.treasury.gov

Total debt is 37.3 trillion. We'll be over 40 before Trump leaves.

We are selling our kids down the river.

We need to spend more to stimulate the economy and to keep money flowing back into Congress!!

China executes corrupt politicians, we give them lifetime tenures

And Trump treats Massie and Paul like they were enemies of the State. "Why didn't they vote for the Big Beautiful $2 trillion deficit?"

 

[Nostra]

It was formed on British principles if you want to get right down to it. I don't see any reference to a specific religion anywhere in our founding documents.

Then you need an education.

God and the Constitution - Providence Forum

Some skeptics today like to argue that the founding fathers purposefully left God out of the Constitution. They say that a “Godless Constitution” was the intended design of the document—and they’re wrong. First of all, the authors of the Constitution not only mention God, they even mention that...

providenceforum.org

Why God is in the Declaration but not the Constitution - Journal of the American Revolution

No country venerates its “Founding Fathers” like the United States. Academics, legislators, judges, and ordinary citizens all frequently seek to validate their opinions and policy prescriptions by identifying them with the statesmen who led America to nationhood. It is not surprising, therefore...

allthingsliberty.com

Excerpts from Founding Documents - Teaching American History

Declaration of Independence IN CONGRESS, July 4, 1776. The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one […]

teachingamericanhistory.org

 

[Admiral Rockwell Tory]

Then you need an education.

God and the Constitution - Providence Forum

Some skeptics today like to argue that the founding fathers purposefully left God out of the Constitution. They say that a “Godless Constitution” was the intended design of the document—and they’re wrong. First of all, the authors of the Constitution not only mention God, they even mention that...

providenceforum.org

Why God is in the Declaration but not the Constitution - Journal of the American Revolution

No country venerates its “Founding Fathers” like the United States. Academics, legislators, judges, and ordinary citizens all frequently seek to validate their opinions and policy prescriptions by identifying them with the statesmen who led America to nationhood. It is not surprising, therefore...

allthingsliberty.com

Excerpts from Founding Documents - Teaching American History

Declaration of Independence IN CONGRESS, July 4, 1776. The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one […]

teachingamericanhistory.org

Total bullshit. That was the way all documents were signed. Show me in the Constitution, not the ratification document.

 

[80zephyr]

Most people did not live to 60 when Social Security was enacted. Social Security was intended for those who beat the odds. There were no exceptions made for manual laborers, and manual labor was far more difficult back then.

There are allowances for early retirement in the Social Security act, starting at age 62.

Only 5.4% of the population was over the age of 65 in 1935.

By 1965, when Medicaid was enacted, that figure was 9%.

Today, it's 16%.

This is blazenly clear a trend which cannot be sustained.

We must raise the age to 70.

.

If most people don't live to collect, the system is worthless.

 

[Couchpotato]

If most people don't live to collect, the system is worthless.

That was the original intent of the program, and really the only way it’s sustainable. IMO SS needs to just go away but that will never happen.

 

[candycorn]

Do you really think the budget would have been smaller?

No.

Both major parties and their presidents have proven--since Reagan anyway--that they could care less about deficits. VP Cheney said the quiet part out loud; deficits don't matter. So much was--in part--confirmed by what many here call the "left wing" media--NPR.

https://www.npr.org/2024/06/14/nx-s1-5004580/planet-money-how-much-national-debt-is-too-much

What I'm saying is this;
whenever Biden runs up a deficit, he gets blamed. Not Congress.
whenever Trump runs up a deficit, he isn't blamed; Congress is.

I'm happy blaming both men; They could spend $0 if they had the political fortitude to do so. Republicans and MAGA won't go near such honesty.

 

[HikerGuy83]

My kids are all doing fine. They all have retirement savings other than SS and will be just fine when all of the gloom and doom hits.

Great for them.

It's not what they won't get. It's what they'll be paying in taxes. I doubt we are going to let benefits crater by 25 to 30%. So, guess what....more taxes. That or more borrowing.

There comes a point where it is no longer sustainable and there won't be any discretionary income for anyone.

Your kids/grandchildren included.

 

[HikerGuy83]

That was the original intent of the program, and really the only way it’s sustainable. IMO SS needs to just go away but that will never happen.

It would have to be phased out. Nobody (like me) who has a lot of money contributed to the system isn't going to expect it back.

 

[leftwinger]

If most people don't live to collect, the system is worthless.

Not to those who collect the revenue. They spent it? Or so I hear. LBJ the first to steal the fund?

 

[HikerGuy83]

If you choose to use a source you should know something about its track record. Apparently, you don’t.

I am familiar with them. Apparently, you seem to be narrow minded and out of touch.

If you can’t show where any of their predictions were correct don’t cry when their credibility is questioned.

Not crying, just saying.

Please point me to where you've vetted a source.

 

[HikerGuy83]

No one under current Contract should ever take less than they signed up for. Cut something else.//

They won't have any choice.

When it runs out, it runs out....they go strictly by what's coming in. That will cover 70 to 75% of the obligations.

If you want to pay that additional out, watch the deficit and debt head to Mars.

 

[HikerGuy83]

Tariff income lowers the deficit because its cash income.
The Committee for a Responsible Federal Budget (CRFB), Washington, D.C.'s leading nonpartisan budget watchdog, has sharply criticized the recent government shutdown as “pointless and wasteful” while unveiling the staggering $1.8 trillion federal deficit for the fiscal year 2025.5 days ago

As of October 9 The U.S. Has Brought in $194 Billion in Revenue From Gross Tariff and Certain Other Excise Taxes in 2025, Billions Above Levels in Recent Years.

O.K.

What was your point.

Fiscal 2025 ended with a deficit of 1.97 trillion. Don't see any tariff impact there.

 

[Admiral Rockwell Tory]

Great for them.

It's not what they won't get. It's what they'll be paying in taxes. I doubt we are going to let benefits crater by 25 to 30%. So, guess what....more taxes. That or more borrowing.

There comes a point where it is no longer sustainable and there won't be any discretionary income for anyone.

Your kids/grandchildren included.

Not to be blunt, but I'll be dead and gone.

 

[leftwinger]

They won't have any choice.

When it runs out, it runs out....they go strictly by what's coming in. That will cover 70 to 75% of the obligations.

If you want to pay that additional out, watch the deficit and debt head to Mars.

Old people getting $1500/mo aint going to make it on $1000/mo.

No way they do that. They will find $250B or whatever? Maybe they only chop those over $3000/mo?

Again this is 5-10 years out? Nothing is concrete.

Against the law to violate contract law. So there's that also.

Again, they could cut something else $250B-$500B? Maybe by that time GDP has popped off the charts?. THX President Trump.

 

[Nostra]

Total bullshit. That was the way all documents were signed. Show me in the Constitution, not the ratification document.

Your story is changing, Simp.

You went from founding documents to Constitution.

Keep losing, it’s what you do best.