3rd Quarter 4.3% GDP vs 3.3 Estimated

[Jroc]

The FAIR claim that you offered doesn’t include the GDP effect.

Why is that?

You mean the report it should be even better if they illegals?

 

[IDIOCRACY]

They are going to have to bring back covid to stop it. Liberals definitely don't want what's good for America.

Truth is misery is within their comfort zone.

 

[Jroc]

 

[task0778]

View attachment 1197127

???? I heard the last annual deficit was just south of $2 trillion. Somebody is lyin'.

 

[Jroc]

???? I heard the last annual deficit was just south of $2 trillion. Somebody is lyin'.

We've been running a surplus for the last 3 months.....of Course we're still running a massive deficit but it's less than it would have been

 

[task0778]

Maybe the gov't shutdown had something to do with that.

We've been running a surplus for the last 3 months.....of Course we're still running a massive deficit but it's less than it would have been

Maybe the gov't shutdown had something to do with that surplus.

 

[Jroc]

Maybe the gov't shutdown had something to do with that.


Maybe the gov't shutdown had something to do with that surplus.

Before the shutdown....


Budget deficits are something we’ve come to expect from Uncle Sam. After all, without years of overspending, the federal government wouldn’t be sitting on trillions of dollars in debt. But, the latest monthly Treasury statement delivered a rare — and welcome — surprise.



The US Treasury shocked Americans with a $258B surplus — its 2nd biggest monthly surplus in history https://share.google/avISLJkFopM9R4IN6

 

[task0778]

Before the shutdown....


Budget deficits are something we’ve come to expect from Uncle Sam. After all, without years of overspending, the federal government wouldn’t be sitting on trillions of dollars in debt. But, the latest monthly Treasury statement delivered a rare — and welcome — surprise.



The US Treasury shocked Americans with a $258B surplus — its 2nd biggest monthly surplus in history https://share.google/avISLJkFopM9R4IN6

Your link was to last April, hardly the latest monthly treasury statement.

From your link:

In April 2025, the U.S. government collected $850.2 billion in receipts while spending $591.8 billion, resulting in a monthly budget surplus of $258.4 billion.

That’s not just any surplus — it’s the first monthly surplus of fiscal year 2025 (which began in October 2024), and the second-largest monthly surplus in U.S. history, behind only April 2022’s $308.2 billion surplus.

Does that mean President Trump’s plan is working?

According to the U.S. Department of the Treasury, the surplus was driven by “large individual tax deposits,” with April being the due date for final payments on prior-year taxes and the first installment of quarterly estimated taxes for many individuals and businesses.

Individual income taxes alone brought in $537 billion — by far the biggest contributor to government revenue for April. Social insurance and retirement receipts followed at $184 billion, while corporate income taxes added $94 billion.
.
.
.
Despite the hefty surplus, one strong month isn’t enough to reverse the broader fiscal trend. From October 1 through April 30, the U.S. government brought in $3.110 trillion in revenue but spent $4.159 trillion — resulting in a $1.049 trillion deficit for the fiscal year so far.


From Reuters: (Oct 16)

The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump's tariffs and cuts to education spending helped offset higher outlays on healthcare and retirement programs and interest on the debt, the Treasury Department said on Thursday.

The results for the year ended September 30, which include nearly nine months of Trump's second term in the White House, compared to a $1.817 trillion deficit in fiscal 2024. It was the first time the annual deficit had fallen since 2022, when the unwinding of COVID-19 relief programs brought spending down.

The smaller deficit was aided by a record $195 billion in net customs receipts for the fiscal year, an increase of $118 billion from the prior year as new Trump tariffs rolled in.


I am not impressed. Better than any democrat would have done though.

 

[otto105]

You mean the report it should be even better if they illegals?

No, the report would be more accurate if it included all factual information.

FAIR is reporting a bias opinion.

 

[otto105]

Before the shutdown....


Budget deficits are something we’ve come to expect from Uncle Sam. After all, without years of overspending, the federal government wouldn’t be sitting on trillions of dollars in debt. But, the latest monthly Treasury statement delivered a rare — and welcome — surprise.



The US Treasury shocked Americans with a $258B surplus — its 2nd biggest monthly surplus in history https://share.google/avISLJkFopM9R4IN6

Hilarious that you source an old tax month to show bullshit.

 

[Mac1958]

Yeah, the regime excluded housing from the number.

But the person in charge kept his job.

This will be a real problem now. There's just no way to know.

 

[task0778]

But the person in charge kept his job.

This will be a real problem now. There's just no way to know.

I thought excluding housing was how it's been all along. We've been getting crap information on jobs and economy and everything else for a long time now.

 

[otto105]

I thought excluding housing was how it's been all along. We've been getting crap information on jobs and economy and everything else for a long time now.

No, the cost of housing should be included.

 

[Jroc]

Your link was to last April, hardly the latest monthly treasury statement.

From your link:

In April 2025, the U.S. government collected $850.2 billion in receipts while spending $591.8 billion, resulting in a monthly budget surplus of $258.4 billion.

That’s not just any surplus — it’s the first monthly surplus of fiscal year 2025 (which began in October 2024), and the second-largest monthly surplus in U.S. history, behind only April 2022’s $308.2 billion surplus.

Does that mean President Trump’s plan is working?

According to the U.S. Department of the Treasury, the surplus was driven by “large individual tax deposits,” with April being the due date for final payments on prior-year taxes and the first installment of quarterly estimated taxes for many individuals and businesses.

Individual income taxes alone brought in $537 billion — by far the biggest contributor to government revenue for April. Social insurance and retirement receipts followed at $184 billion, while corporate income taxes added $94 billion.
.
.
.
Despite the hefty surplus, one strong month isn’t enough to reverse the broader fiscal trend. From October 1 through April 30, the U.S. government brought in $3.110 trillion in revenue but spent $4.159 trillion — resulting in a $1.049 trillion deficit for the fiscal year so far.


From Reuters: (Oct 16)

The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump's tariffs and cuts to education spending helped offset higher outlays on healthcare and retirement programs and interest on the debt, the Treasury Department said on Thursday.

The results for the year ended September 30, which include nearly nine months of Trump's second term in the White House, compared to a $1.817 trillion deficit in fiscal 2024. It was the first time the annual deficit had fallen since 2022, when the unwinding of COVID-19 relief programs brought spending down.

The smaller deficit was aided by a record $195 billion in net customs receipts for the fiscal year, an increase of $118 billion from the prior year as new Trump tariffs rolled in.


I am not impressed. Better than any democrat would have done though.

These things take time the BBB isn't going to start till January

 

[Jroc]

No, the cost of housing should be included.

Energy costs are way down . Housing cost we're way up because buying administration released 15 to 20 million illegals into the country. All those people needed a place to live... Housing costs are starting to come down. Next year they will get rid of this fed lower interest rates lots of things are happening in 2026

 

[otto105]

Energy costs are way down . Housing cost we're way up because buying administration released 15 to 20 million illegals into the country. All those people needed a place to live... Housing costs are starting to come down. Next year they will get rid of this fed lower interest rates lots of things are happening in 2026

Hilarious

 

[Toddsterpatriot]

Wow, was that the best you could do?

Like most women, I laugh at your impotence.

View attachment 1197059

Transphobe.

 

[Toddsterpatriot]

Yeah, the regime excluded housing from the number.

Liar.

 

[hadit]

Almost certainly fake numbers.

Which ones have you heard that you like better?

 

[ElmerMudd]

So much for us going into a recession. Looks like the Trump economy is starting to take hold. Not good news for Democrats.

Gross domestic product increased at a 4.3% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its initial estimate of third-quarter GDP on Tuesday. The economy grew at a 3.8% pace in the second quarter. Economists polled by Reuters had forecast GDP would rise at a 3.3% pace.

https://www.reuters.com/world/us/us-economic-growth-likely-remained-strong-third-quarter-2025-12-23/

The GDP growth is good but no better than during the Biden administration. (see below)
The Trump has a similar economy as Biden. The GDP is up and the stock market is up. The every day costs of living continues to increase.
Trump is making the same mistake as Biden, he is telling everyone the economy is good because GDP and the stock market is up but the cost of living continues to increase. Those living pay check to pay check, things are not getting better.