US budget deficit totals $76.9 billion in July

[Dont Taz Me Bro]

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion.

$890 billion my ass, the GOP National Debt has already increased by $1.1+ trillion this current fiscal budget year.

No it hasn’t

 

[edthecynic]

Aint' shifted a DAMN thing "from corporate to wage earners". The only wage earners paying ANY INCOME TAX AT ALL are making $100,000 or more. 1/2 of the wage earners now pay ZERO...

They pay payroll taxes, whose revenues are almost equal to income tax revenues and almost 5 times as much as corporate revenues.

 

[edthecynic]

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion.

$890 billion my ass, the GOP National Debt has already increased by $1.1+ trillion this current fiscal budget year.

No it hasn’t

you should know better by now than to contradict me on stats!

Government - Historical Debt Outstanding - Annual 2000 - 2017
Total National Debt:
09/30/2017 $20,244,900,016,053.51

U.S. National Debt Clock : Real Time
Current total national debt:
$21.349+ Trillion.

 

[Flash]

That is a drop ib the bucket compared to the $10 trillion ran up by that worthless asshole affrimative action failure Obama.

At least Trump has a plan to grow the economy to bring in more revenue. He is doing it with 4.1% GDP growth. All the Negro did was borrow money from the Bank of China.

If the Liberals don't want deficits then they dumbshits shouldn't elect asshole representatives that proposes $4 trillion budgets.

 

[Skylar]

And here is our fiscally "responsible" Republican Party. What happened to the deficit hawks? What happened to all the wailing and gnashing of teeth about the growing debt when Obama was in office?

The Trump administration last month sharply revised upward its deficit estimates, projecting annual deficits will once again top $1 trillion next year.

For the current budget year, which ends Sept. 30, the administration is now projecting a deficit of $890 billion. That would be up 33.7 percent from last year’s deficit of $665.8 billion.

The administration’s July estimates project that the deficit will top $1 trillion in 2019, climbing to $1.1 trillion that year, and remaining above $1 trillion for three years.

US budget deficit totals $76.9 billion in July

The deficit for FY2018 is already up more than $1 trillion...

9.30.2017: $20,244,900,016,053.51
8.14.2018: $21,351,570,155,673.96

Debt to the Penny (Daily History Search Application)

Who runs a trillion dollar deficit in a strong economy?

'Fiscally responsible' republicans, it seems.

 

[Skylar]

Republicans only cared about that when Trump was running for office. Now they could care less.

Trump was never afraid of running deficits. Said so MULTIPLE times in his campaign. Voters knew well he had no fundamental opposition to running debts. Look at his business finances.

So when Trump said he would run the government like a business.......he meant massively increasing its debt load?

So how many budget hawks do you have in YOUR tribe? I think you done shot them all in head by now.. No more Blue Dog Dems that used to restrain YOUR spending.

Don't think that ANY Dem truly Gives a freak about debt and deficit until they are locked out of power...

At this point, do you think that republicans care about the budget? They *gleefully* exploded our deficit to give corporations a massive and unnecessary tax cut. Again, US corporations already had record profits. The economic trendline barely budged.

Even Forbes writers were dumbounded by this tax cut and deficit explosion in the midst of an economic expansion.

'Fiscal Responsibility' is just lip service. Just like republican commitment to 'free trade' (tarriffs anyone), States Rights (California can no longer set its own air quality standards), 'family values' (Grab them by the *****, hush money for pornstars), and keeping government out of business (Trump's threats against Harley Davidson, Carrier and others).

The Republican party no longer stands for much of anything. They've sacrificed their identity for.......Trump.

THAT was the motivation for the Tea Party. Had more to do with extreme dislike of anti-capitalist deficit spending on the part of GW Bush than Obama.

You should really worry about the fractures and lunatics in your tribe.. That's a suggestion from a guy who can't wait til BOTH of your corrupt, inept, incompetent parties self-destruct...

The Republicans control the House, Senate and Presidency. They are *wholly* responsible for the deficit and its increases. You'll remember that the Dems fought the republicans on the corporate tax cut, arguing that it was unncessary and would lead to higher deficits.

And republicans pushed through anyway. They wrote it, they voted for it, they signed it into law.

Trying to pass the buck to anyone *but* republicans is a steaming pile of malarkey. Republicans have demonstrated by their actions that 'fiscal responsibility' is just lip service for rubes.

Along with 'family values', 'free trade', 'transparent government', 'states rights', and a litany of other principles that they've claimed in words....and wiped their asses with in practice.

 

[Dont Taz Me Bro]

That is a drop ib the bucket compared to the $10 trillion ran up by that worthless asshole affrimative action failure Obama.

With a Republican Congress?

 

[Faun]

Trump was never afraid of running deficits. Said so MULTIPLE times in his campaign. Voters knew well he had no fundamental opposition to running debts. Look at his business finances.

So when Trump said he would run the government like a business.......he meant massively increasing its debt load?

So how many budget hawks do you have in YOUR tribe? I think you done shot them all in head by now.. No more Blue Dog Dems that used to restrain YOUR spending.

Don't think that ANY Dem truly Gives a freak about debt and deficit until they are locked out of power...

At this point, do you think that republicans care about the budget? They *gleefully* exploded our deficit to give corporations a massive and unnecessary tax cut. Again, US corporations already had record profits. The economic trendline barely budged.

Even Forbes writers were dumbounded by this tax cut and deficit explosion in the midst of an economic expansion.

'Fiscal Responsibility' is just lip service. Just like republican commitment to 'free trade' (tarriffs anyone), States Rights (California can no longer set its own air quality standards), 'family values' (Grab them by the *****, hush money for pornstars), and keeping government out of business (Trump's threats against Harley Davidson, Carrier and others).

The Republican party no longer stands for much of anything. They've sacrificed their identity for.......Trump.

THAT was the motivation for the Tea Party. Had more to do with extreme dislike of anti-capitalist deficit spending on the part of GW Bush than Obama.

You should really worry about the fractures and lunatics in your tribe.. That's a suggestion from a guy who can't wait til BOTH of your corrupt, inept, incompetent parties self-destruct...

The Republicans control the House, Senate and Presidency. They are *wholly* responsible for the deficit and its increases. You'll remember that the Dems fought the republicans on the corporate tax cut, arguing that it was unncessary and would lead to higher deficits.

And republicans pushed through anyway. They wrote it, they voted for it, they signed it into law.

Trying to pass the buck to anyone *but* republicans is a steaming pile of malarkey. Republicans have demonstrated by their actions that 'fiscal responsibility' is just lip service for rubes.

Along with 'family values', 'free trade', 'transparent government', 'states rights', and a litany of other principles that they've claimed in words....and wiped their asses with in practice.

Republicans have had control of the Executive branch 10 of the last 18 years (56%) ... control of the Senate 14½ of the last 24 years (60%) ... and control of the House 20 of the last 24 years (83%).

Yet according to conservatives, everything bad is the fault of _____<fill in the name of any Democrat here>_____.

 

[Faun]

That is a drop ib the bucket compared to the $10 trillion ran up by that worthless asshole affrimative action failure Obama.

At least Trump has a plan to grow the economy to bring in more revenue. He is doing it with 4.1% GDP growth. All the Negro did was borrow money from the Bank of China.

If the Liberals don't want deficits then they dumbshits shouldn't elect asshole representatives that proposes $4 trillion budgets.

Trump is just getting started.

 

[AzogtheDefiler]

It has only been two years but by year 4 we need to have a surplus. Enough spending. Unfortunately it likely won't happen til year 5 because entitlements have to be addressed.

 

[AzogtheDefiler]

So when Trump said he would run the government like a business.......he meant massively increasing its debt load?

So how many budget hawks do you have in YOUR tribe? I think you done shot them all in head by now.. No more Blue Dog Dems that used to restrain YOUR spending.

Don't think that ANY Dem truly Gives a freak about debt and deficit until they are locked out of power...

At this point, do you think that republicans care about the budget? They *gleefully* exploded our deficit to give corporations a massive and unnecessary tax cut. Again, US corporations already had record profits. The economic trendline barely budged.

Even Forbes writers were dumbounded by this tax cut and deficit explosion in the midst of an economic expansion.

'Fiscal Responsibility' is just lip service. Just like republican commitment to 'free trade' (tarriffs anyone), States Rights (California can no longer set its own air quality standards), 'family values' (Grab them by the *****, hush money for pornstars), and keeping government out of business (Trump's threats against Harley Davidson, Carrier and others).

The Republican party no longer stands for much of anything. They've sacrificed their identity for.......Trump.

THAT was the motivation for the Tea Party. Had more to do with extreme dislike of anti-capitalist deficit spending on the part of GW Bush than Obama.

You should really worry about the fractures and lunatics in your tribe.. That's a suggestion from a guy who can't wait til BOTH of your corrupt, inept, incompetent parties self-destruct...

The Republicans control the House, Senate and Presidency. They are *wholly* responsible for the deficit and its increases. You'll remember that the Dems fought the republicans on the corporate tax cut, arguing that it was unncessary and would lead to higher deficits.

And republicans pushed through anyway. They wrote it, they voted for it, they signed it into law.

Trying to pass the buck to anyone *but* republicans is a steaming pile of malarkey. Republicans have demonstrated by their actions that 'fiscal responsibility' is just lip service for rubes.

Along with 'family values', 'free trade', 'transparent government', 'states rights', and a litany of other principles that they've claimed in words....and wiped their asses with in practice.

Republicans have had control of the Executive branch 10 of the last 18 years (56%) ... control of the Senate 14½ of the last 24 years (60%) ... and control of the House 20 of the last 24 years (83%).

Yet according to conservatives, everything bad is the fault of _____<fill in the name of any Democrat here>_____.

The blame is on the voters. They won't allow our representatives to attack entitiements. Voters on BOTH sides. You included.

 

[Skull Pilot]

The only time any of you people care about the debt is when the guy who is racking it up belongs to a different political flock than you do

 

[Flash]

That is a drop ib the bucket compared to the $10 trillion ran up by that worthless asshole affrimative action failure Obama.

At least Trump has a plan to grow the economy to bring in more revenue. He is doing it with 4.1% GDP growth. All the Negro did was borrow money from the Bank of China.

If the Liberals don't want deficits then they dumbshits shouldn't elect asshole representatives that proposes $4 trillion budgets.

Trump is just getting started.

You are confused Moon Bat.

No President in the history of the Republic has ever ran up the deficits that the affirmative action Negro that you stupid Moon Bats elected did.

Trump signed a deficit budget because he wanted to get the military funded properly after the affirmative action asshole gutted it so much. He said he would not do that again.

In the meantime Trump's robust 4.1% GDP economy growth will bring in more revenue to the government, which is much better than your Negro's policy of having dismal economic growth, spending like a drunken sailor to give money to the welfare queens, unions, Illegals and Muslims and then borrowing from China to cover the deficits.

 

[rightwinger]

That is a drop ib the bucket compared to the $10 trillion ran up by that worthless asshole affrimative action failure Obama.

At least Trump has a plan to grow the economy to bring in more revenue. He is doing it with 4.1% GDP growth. All the Negro did was borrow money from the Bank of China.

If the Liberals don't want deficits then they dumbshits shouldn't elect asshole representatives that proposes $4 trillion budgets.

The Great Obama used deficit spending to buy us out of a Depression

Crooked Donnie uses it to give tax breaks to billionaires

 

[rightwinger]

It has only been two years but by year 4 we need to have a surplus. Enough spending. Unfortunately it likely won't happen til year 5 because entitlements have to be addressed.

What about increasing revenue?

 

[AzogtheDefiler]

It has only been two years but by year 4 we need to have a surplus. Enough spending. Unfortunately it likely won't happen til year 5 because entitlements have to be addressed.

What about increasing revenue?

That is one aspect but expenses are just too high as well.

 

[August West]

So how many budget hawks do you have in YOUR tribe? I think you done shot them all in head by now.. No more Blue Dog Dems that used to restrain YOUR spending.

Don't think that ANY Dem truly Gives a freak about debt and deficit until they are locked out of power...

At this point, do you think that republicans care about the budget? They *gleefully* exploded our deficit to give corporations a massive and unnecessary tax cut. Again, US corporations already had record profits. The economic trendline barely budged.

Even Forbes writers were dumbounded by this tax cut and deficit explosion in the midst of an economic expansion.

'Fiscal Responsibility' is just lip service. Just like republican commitment to 'free trade' (tarriffs anyone), States Rights (California can no longer set its own air quality standards), 'family values' (Grab them by the *****, hush money for pornstars), and keeping government out of business (Trump's threats against Harley Davidson, Carrier and others).

The Republican party no longer stands for much of anything. They've sacrificed their identity for.......Trump.

THAT was the motivation for the Tea Party. Had more to do with extreme dislike of anti-capitalist deficit spending on the part of GW Bush than Obama.

You should really worry about the fractures and lunatics in your tribe.. That's a suggestion from a guy who can't wait til BOTH of your corrupt, inept, incompetent parties self-destruct...

The Republicans control the House, Senate and Presidency. They are *wholly* responsible for the deficit and its increases. You'll remember that the Dems fought the republicans on the corporate tax cut, arguing that it was unncessary and would lead to higher deficits.

And republicans pushed through anyway. They wrote it, they voted for it, they signed it into law.

Trying to pass the buck to anyone *but* republicans is a steaming pile of malarkey. Republicans have demonstrated by their actions that 'fiscal responsibility' is just lip service for rubes.

Along with 'family values', 'free trade', 'transparent government', 'states rights', and a litany of other principles that they've claimed in words....and wiped their asses with in practice.

Republicans have had control of the Executive branch 10 of the last 18 years (56%) ... control of the Senate 14½ of the last 24 years (60%) ... and control of the House 20 of the last 24 years (83%).

Yet according to conservatives, everything bad is the fault of _____<fill in the name of any Democrat here>_____.

The blame is on the voters. They won't allow our representatives to attack entitiements. Voters on BOTH sides. You included.

No one is receiving bigger "entitlements" than the untouchable Pentagon. Blank checks for the last 70 years with no questions asked. $120 billion wasted and no one cares.
Pentagon buries evidence of $125 billion in bureaucratic waste

 

[flacaltenn]

Aint' shifted a DAMN thing "from corporate to wage earners". The only wage earners paying ANY INCOME TAX AT ALL are making $100,000 or more. 1/2 of the wage earners now pay ZERO...

They pay payroll taxes, whose revenues are almost equal to income tax revenues and almost 5 times as much as corporate revenues.

That's because FICA is expensive. Those are UNIVERSAL programs. The proceeds are ONLY SUPPOSED to go for THEIR future benefit. I'm not impressed. Half of the folks in the pile pay ZERO to OPERATE the Federal govt. You cannot "load them" by cutting taxes elsewhere.

 

[iamwhatiseem]

The only time any of you people care about the debt is when the guy who is racking it up belongs to a different political flock than you do

 

[iamwhatiseem]

Aint' shifted a DAMN thing "from corporate to wage earners". The only wage earners paying ANY INCOME TAX AT ALL are making $100,000 or more. 1/2 of the wage earners now pay ZERO...

They pay payroll taxes, whose revenues are almost equal to income tax revenues and almost 5 times as much as corporate revenues.

That's because FICA is expensive. Those are UNIVERSAL programs. The proceeds are ONLY SUPPOSED to go for THEIR future benefit. I'm not impressed. Half of the folks in the pile pay ZERO to OPERATE the Federal govt. You cannot "load them" by cutting taxes elsewhere.

Yep, name another country where only half the working population pays national taxes. Or one where the bottom 1/3 have a NEGATIVE tax rate!