Tired of all the winning yet?

[Nostra]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

Hmmm. I remember something called a recession being around when Obama first took office. I also remember the deficit numbers coming down the last three years that Obama was in office.
I remember prior to the pandemic, Trump was on track to inflate the deficit to almost 1.2 trillion. Pretty sure Republicans and conservatives have no leg to stand on here.

Rump is no Conservvtiave and is spending like a drunken saior but your Boy Bambi spent his share. These people ALL work for the same peole and it ain't us.


Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion. That's a 58% increase.


Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add $253 billion from the economic stimulus package to Bush’s FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms.6


In 2010, the Obama tax cut added $858 billion in deficits in its first two years. Federal income decreased due to lower tax receipts from the 2008 financial crisis.


Both Presidents Bush and Obama suffered from higher mandatory spending than their predecessors did. Social Security and Medicare benefits were eating up more of the budget. Health care costs were rising as the American population aged.


In 2010, Obama signed the Patient Protection and Affordable Care Act.7 It sought to reduce health care spending. The Congressional Budget Office and the Joint Committee on Taxation estimated that the legislation would reduce federal deficits by $337 billion between 2017 and 2026.

U.S. Budget Deficit by President

Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.

www.thebalance.com

This has already been covered. The deficit came down for three straight years 2013-2015). All the while having to deal with the mess that Bush Jr left behind.
But don't worry, I'm sure when a Democrat is back in you'll go back to caring about deficits and debt.

The recession was officially over in June 2009. Obama’s recovery was the worst ever.

He sucked, deal with it.

 

[Mac1958]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

Trump was a hyper-Keynesian BEFORE the virus. PLUS he had the NY Fed pouring $1.5 TRILLION into short term credit markets to grease the system.

Then, on top of that, he and the Trumpsters called a 2.10% GDP economy "the greatest ever".

This has been a fucking cartoon for 3.5 years. Not a funny one, either. Just fucking fantasy.

 

[easyt65]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

It's sad snowflakes have to try to blame Trump for a Chinese-manufactured pandemic and for the economic consequences they have equally had a hand in creating...

Please tell me you are not trying to blame the President for the passage of relief legislation negotiated by and fought for by Democrats as equally as Republicans....

You are a sad, bitter, false, desperate little snowflake...

...poor thing.

.

 

[skews13]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

 

[Faun]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

Hmmm. I remember something called a recession being around when Obama first took office. I also remember the deficit numbers coming down the last three years that Obama was in office.
I remember prior to the pandemic, Trump was on track to inflate the deficit to almost 1.2 trillion. Pretty sure Republicans and conservatives have no leg to stand on here.

I also remember the deficit numbers coming down the last three years that Obama was in office.


you either have a bad memory, or are a lying sack. Given your track record here, I’ll go with the latter.

2016 bigger than 2015.

2017 bigger than 2016.

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

datalab.usaspending.gov

OK. So I'll concede that you being the broken clock you are is right twice a day. Kinda surprising for all the BS you spout out. So it was the middle years that the deficit came down after Obama was forced to deal with the mess that Bush left.

US Budget Deficit by Year Compared to GDP, Debt, and Events

The federal budget deficit rises when government spending is high, such as during wars or recessions. Budget deficits cause the national debt to grow.

www.thebalance.com

Yep, after Republicans got control of Congress.

LOL

Dumbfuck, the deficit began falling in FY2010 before Republicans took control of the House (not the Congress) and because we came out of a recession.

 

[alang1216]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

If only those Dems didn't enact a big cut in taxes that boosted the deficit. Oh wait...

Revenues went up after the Trump across the board tax cuts, Dummy.

Oops yourself, everything I've read says the exact opposite. Remember, just because Trump says something doesn't make it true.

U.S. tax revenue as a proportion of GDP dropped the most out of any country in the Organisation for Economic Co-operation and Development in 2018, according to a report released Thursday.

The most appropriate test of the revenue impact of the TCJA is to compare actual revenues in FY2018 with predicted revenues in FY2018 assuming Congress had not passed the legislation. In fact, the actual amount of revenue collected in FY2018 was significantly lower than the Congressional Budget Office’s (CBO) projection of FY2018 revenue made in January 2017—before the tax cuts were signed into law in December 2017. The shortfall was $275 billion, or 7.6% of revenues that were expected before the tax cuts took place. Given that the economy grew, and in the absence of another policy that could have caused a large revenue loss, the data imply that the TCJA substantially reduced revenues

 

[Nostra]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

If only those Dems didn't enact a big cut in taxes that boosted the deficit. Oh wait...

Revenues went up after the Trump across the board tax cuts, Dummy.

Oops yourself, everything I've read says the exact opposite. Remember, just because Trump says something doesn't make it true.

U.S. tax revenue as a proportion of GDP dropped the most out of any country in the Organisation for Economic Co-operation and Development in 2018, according to a report released Thursday.

The most appropriate test of the revenue impact of the TCJA is to compare actual revenues in FY2018 with predicted revenues in FY2018 assuming Congress had not passed the legislation. In fact, the actual amount of revenue collected in FY2018 was significantly lower than the Congressional Budget Office’s (CBO) projection of FY2018 revenue made in January 2017—before the tax cuts were signed into law in December 2017. The shortfall was $275 billion, or 7.6% of revenues that were expected before the tax cuts took place. Given that the economy grew, and in the absence of another policy that could have caused a large revenue loss, the data imply that the TCJA substantially reduced revenues

I'll let you rely on govt projections......they have never been correct.

I will go with the real numbers.

 

[alang1216]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

If only those Dems didn't enact a big cut in taxes that boosted the deficit. Oh wait...

Revenues went up after the Trump across the board tax cuts, Dummy.

Oops yourself, everything I've read says the exact opposite. Remember, just because Trump says something doesn't make it true.

U.S. tax revenue as a proportion of GDP dropped the most out of any country in the Organisation for Economic Co-operation and Development in 2018, according to a report released Thursday.

The most appropriate test of the revenue impact of the TCJA is to compare actual revenues in FY2018 with predicted revenues in FY2018 assuming Congress had not passed the legislation. In fact, the actual amount of revenue collected in FY2018 was significantly lower than the Congressional Budget Office’s (CBO) projection of FY2018 revenue made in January 2017—before the tax cuts were signed into law in December 2017. The shortfall was $275 billion, or 7.6% of revenues that were expected before the tax cuts took place. Given that the economy grew, and in the absence of another policy that could have caused a large revenue loss, the data imply that the TCJA substantially reduced revenues

I'll let you rely on govt projections......they have never been correct.

I will go with the real numbers.

And where do your 'real' numbers come from?

 

[JackOfNoTrades]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

Hmmm. I remember something called a recession being around when Obama first took office. I also remember the deficit numbers coming down the last three years that Obama was in office.
I remember prior to the pandemic, Trump was on track to inflate the deficit to almost 1.2 trillion. Pretty sure Republicans and conservatives have no leg to stand on here.

Rump is no Conservvtiave and is spending like a drunken saior but your Boy Bambi spent his share. These people ALL work for the same peole and it ain't us.


Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion. That's a 58% increase.


Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add $253 billion from the economic stimulus package to Bush’s FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms.6


In 2010, the Obama tax cut added $858 billion in deficits in its first two years. Federal income decreased due to lower tax receipts from the 2008 financial crisis.


Both Presidents Bush and Obama suffered from higher mandatory spending than their predecessors did. Social Security and Medicare benefits were eating up more of the budget. Health care costs were rising as the American population aged.


In 2010, Obama signed the Patient Protection and Affordable Care Act.7 It sought to reduce health care spending. The Congressional Budget Office and the Joint Committee on Taxation estimated that the legislation would reduce federal deficits by $337 billion between 2017 and 2026.

U.S. Budget Deficit by President

Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.

www.thebalance.com

This has already been covered. The deficit came down for three straight years 2013-2015). All the while having to deal with the mess that Bush Jr left behind.
But don't worry, I'm sure when a Democrat is back in you'll go back to caring about deficits and debt.

The recession was officially over in June 2009. Obama’s recovery was the worst ever.

He sucked, deal with it.

Snort. Just BS as usual. Get back to me when Republicans become the champions of deficit and debt reduction again...oh yeah, that'll be after November. Sheesh.

 

[Nostra]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

If only those Dems didn't enact a big cut in taxes that boosted the deficit. Oh wait...

Revenues went up after the Trump across the board tax cuts, Dummy.

Oops yourself, everything I've read says the exact opposite. Remember, just because Trump says something doesn't make it true.

U.S. tax revenue as a proportion of GDP dropped the most out of any country in the Organisation for Economic Co-operation and Development in 2018, according to a report released Thursday.

The most appropriate test of the revenue impact of the TCJA is to compare actual revenues in FY2018 with predicted revenues in FY2018 assuming Congress had not passed the legislation. In fact, the actual amount of revenue collected in FY2018 was significantly lower than the Congressional Budget Office’s (CBO) projection of FY2018 revenue made in January 2017—before the tax cuts were signed into law in December 2017. The shortfall was $275 billion, or 7.6% of revenues that were expected before the tax cuts took place. Given that the economy grew, and in the absence of another policy that could have caused a large revenue loss, the data imply that the TCJA substantially reduced revenues

I'll let you rely on govt projections......they have never been correct.

I will go with the real numbers.

And where do your 'real' numbers come from?

The US Treasury.....ya know, the guys who collect taxes and tally them up.

 

[Nostra]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

Hmmm. I remember something called a recession being around when Obama first took office. I also remember the deficit numbers coming down the last three years that Obama was in office.
I remember prior to the pandemic, Trump was on track to inflate the deficit to almost 1.2 trillion. Pretty sure Republicans and conservatives have no leg to stand on here.

Rump is no Conservvtiave and is spending like a drunken saior but your Boy Bambi spent his share. These people ALL work for the same peole and it ain't us.


Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion. That's a 58% increase.


Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add $253 billion from the economic stimulus package to Bush’s FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms.6


In 2010, the Obama tax cut added $858 billion in deficits in its first two years. Federal income decreased due to lower tax receipts from the 2008 financial crisis.


Both Presidents Bush and Obama suffered from higher mandatory spending than their predecessors did. Social Security and Medicare benefits were eating up more of the budget. Health care costs were rising as the American population aged.


In 2010, Obama signed the Patient Protection and Affordable Care Act.7 It sought to reduce health care spending. The Congressional Budget Office and the Joint Committee on Taxation estimated that the legislation would reduce federal deficits by $337 billion between 2017 and 2026.

U.S. Budget Deficit by President

Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.

www.thebalance.com

This has already been covered. The deficit came down for three straight years 2013-2015). All the while having to deal with the mess that Bush Jr left behind.
But don't worry, I'm sure when a Democrat is back in you'll go back to caring about deficits and debt.

The recession was officially over in June 2009. Obama’s recovery was the worst ever.

He sucked, deal with it.

Snort. Just BS as usual. Get back to me when Republicans become the champions of deficit and debt reduction again...oh yeah, that'll be after November. Sheesh.

Nobody in DC cares about deficits, Moron. WTF does that have to do with Barry's worst recovery ever, and your lies about deficits going down the last 3 years under Barry?

 

[JustAGuy1]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

Hmmm. I remember something called a recession being around when Obama first took office. I also remember the deficit numbers coming down the last three years that Obama was in office.
I remember prior to the pandemic, Trump was on track to inflate the deficit to almost 1.2 trillion. Pretty sure Republicans and conservatives have no leg to stand on here.

Rump is no Conservvtiave and is spending like a drunken saior but your Boy Bambi spent his share. These people ALL work for the same peole and it ain't us.


Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion. That's a 58% increase.


Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add $253 billion from the economic stimulus package to Bush’s FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms.6


In 2010, the Obama tax cut added $858 billion in deficits in its first two years. Federal income decreased due to lower tax receipts from the 2008 financial crisis.


Both Presidents Bush and Obama suffered from higher mandatory spending than their predecessors did. Social Security and Medicare benefits were eating up more of the budget. Health care costs were rising as the American population aged.


In 2010, Obama signed the Patient Protection and Affordable Care Act.7 It sought to reduce health care spending. The Congressional Budget Office and the Joint Committee on Taxation estimated that the legislation would reduce federal deficits by $337 billion between 2017 and 2026.

U.S. Budget Deficit by President

Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.

www.thebalance.com

This has already been covered. The deficit came down for three straight years 2013-2015). All the while having to deal with the mess that Bush Jr left behind.
But don't worry, I'm sure when a Democrat is back in you'll go back to caring about deficits and debt.

The recession was officially over in June 2009. Obama’s recovery was the worst ever.

He sucked, deal with it.

Snort. Just BS as usual. Get back to me when Republicans become the champions of deficit and debt reduction again...oh yeah, that'll be after November. Sheesh.

So if Pubs are no better than Dems why are you such a whiny ass about this?

 

[HereWeGoAgain]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

He didn't double it.

Uh yeah he did.

 

[AzogtheDefiler]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

You would love that since you’re a Chinese troll. Let’s see what happens in November

 

[Faun]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

He didn't double it.

Uh yeah he did.

Dumbfuck ... double requires at least a 100% increase. It increased 88%, i.e., less than double.

Now you know. Will you learn? Prolly not.

 

[HereWeGoAgain]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

Hmmm. I remember something called a recession being around when Obama first took office. I also remember the deficit numbers coming down the last three years that Obama was in office.
I remember prior to the pandemic, Trump was on track to inflate the deficit to almost 1.2 trillion. Pretty sure Republicans and conservatives have no leg to stand on here.

Rump is no Conservvtiave and is spending like a drunken saior but your Boy Bambi spent his share. These people ALL work for the same peole and it ain't us.


Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion. That's a 58% increase.


Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add $253 billion from the economic stimulus package to Bush’s FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms.6


In 2010, the Obama tax cut added $858 billion in deficits in its first two years. Federal income decreased due to lower tax receipts from the 2008 financial crisis.


Both Presidents Bush and Obama suffered from higher mandatory spending than their predecessors did. Social Security and Medicare benefits were eating up more of the budget. Health care costs were rising as the American population aged.


In 2010, Obama signed the Patient Protection and Affordable Care Act.7 It sought to reduce health care spending. The Congressional Budget Office and the Joint Committee on Taxation estimated that the legislation would reduce federal deficits by $337 billion between 2017 and 2026.

U.S. Budget Deficit by President

Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.

www.thebalance.com

This has already been covered. The deficit came down for three straight years 2013-2015). All the while having to deal with the mess that Bush Jr left behind.
But don't worry, I'm sure when a Democrat is back in you'll go back to caring about deficits and debt.

Have a link for that fairy tale?

 

[AzogtheDefiler]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

He didn't double it.

Uh yeah he did.

Dumbfuck ... double requires at least a 100% increase. It increased 88%, i.e., less than double.

Now you know. Will you learn? Prolly not.

Dumbfuck is your go to. What a pathetic fool you are.

 

[JackOfNoTrades]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

Hmmm. I remember something called a recession being around when Obama first took office. I also remember the deficit numbers coming down the last three years that Obama was in office.
I remember prior to the pandemic, Trump was on track to inflate the deficit to almost 1.2 trillion. Pretty sure Republicans and conservatives have no leg to stand on here.

Rump is no Conservvtiave and is spending like a drunken saior but your Boy Bambi spent his share. These people ALL work for the same peole and it ain't us.


Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion. That's a 58% increase.


Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add $253 billion from the economic stimulus package to Bush’s FY 2009 budget. The American Recovery and Reinvestment Act added another $534 billion over the rest of Obama’s terms.6


In 2010, the Obama tax cut added $858 billion in deficits in its first two years. Federal income decreased due to lower tax receipts from the 2008 financial crisis.


Both Presidents Bush and Obama suffered from higher mandatory spending than their predecessors did. Social Security and Medicare benefits were eating up more of the budget. Health care costs were rising as the American population aged.


In 2010, Obama signed the Patient Protection and Affordable Care Act.7 It sought to reduce health care spending. The Congressional Budget Office and the Joint Committee on Taxation estimated that the legislation would reduce federal deficits by $337 billion between 2017 and 2026.

U.S. Budget Deficit by President

Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.

www.thebalance.com

This has already been covered. The deficit came down for three straight years 2013-2015). All the while having to deal with the mess that Bush Jr left behind.
But don't worry, I'm sure when a Democrat is back in you'll go back to caring about deficits and debt.

The recession was officially over in June 2009. Obama’s recovery was the worst ever.

He sucked, deal with it.

Snort. Just BS as usual. Get back to me when Republicans become the champions of deficit and debt reduction again...oh yeah, that'll be after November. Sheesh.

Nobody in DC cares about deficits, Moron. WTF does that have to do with Barry's worst recovery ever, and your lies about deficits going down the last 3 years under Barry?

LOL...sure. Whatever you say, hack. I got 5 bucks that changes the moment Biden is sworn in. Hint..Barry oversaw a recovery from a Republican disaster and handed a robust economy off to You-Know-Who.
Remind me again what happened after that?

 

[HereWeGoAgain]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.

Where were you when barry doubled it?

He didn't double it.

Uh yeah he did.

Dumbfuck ... double requires at least a 100% increase. It increased 88%, i.e., less than double.

Now you know. Will you learn? Prolly not.

Dumbfuck is your go to. What a pathetic fool you are.

He racked up a bigger deficit than all other presidents combined.

 

[Jitss617]

U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

www.cnbc.com

The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.

They are going to NY BALTIMORE, , Chicago