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Old 07-19-2018, 12:37 AM  
eDave eDave is offline
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New White House Report Shows Deficit Projections Have Doubled

The White House Office of Management and Budget released its annual mid-session review Friday, updating deficit projections in its fiscal year 2019 budget request. The report projected deficits will reach $1.085 trillion in FY 2019 under their budget, which is double the $526 billion called for in their FY 2018 budget.

http://www.crfb.org/press-releases/n...s-have-doubled
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Old 07-19-2018, 08:25 AM   #16
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Originally Posted by Loneiguana View Post
Since the 1980's, the only political party to have deficits go down during their administration or actually run a surplus have been democratic presidents.
NOPE. Congress controls the purse-strings—not any president's administration. Sure they have a role but they don't all succeed in getting everything they want. Clinton had a Republican congress when it still was concerned about deficits. That Congress tied Clinton's hands on spending. That was a good mix back then.

It's usually when we have one party rule the spending worsened. BOTH parties are responsible.

Democrats handle it with more taxation. They don't acknowledge that it's really a spending problem. Furthermore, the Democrats, like eDave, promote more entitlement and social spending. It's never the money—it's what each side wants to spend it on. With the Right it's a military suited for global hegemony. BOTH are expensive. BOTH needs to be addressed.
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Old 07-19-2018, 08:30 AM   #17
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Paying for 30 million illegals will do that.
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Old 07-19-2018, 08:32 AM   #18
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Originally Posted by baitism View Post
Paying for 30 million illegals will do that.
Let's not forget the millions of home grown deadbeats as well.

Too bad we can't feed them to each other.
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Old 07-19-2018, 08:35 AM   #19
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Only congress to achieve that since 1970 has been GOP
What ever you have to tell yourself to get over the fact that its only been democratic presidents in the last 30 years to lower the deficit.
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Old 07-19-2018, 08:35 AM   #20
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Gee. If only anyone could have predicted this.
Everyone did 10 years ago.
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Old 07-19-2018, 08:36 AM   #21
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Originally Posted by baitism View Post
Paying for 30 million illegals will do that.
Illeaglas and liberals are a huge drain on the American pocket books.
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Old 07-19-2018, 08:37 AM   #22
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Originally Posted by Reerun_KC View Post
Illeaglas and liberals are a huge drain on the American pocket books.
Its red states that take more federal money than they give back.
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Old 07-19-2018, 08:39 AM   #23
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Old 07-19-2018, 08:39 AM   #24
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Quote:
Originally Posted by Loneiguana View Post
What ever you have to tell yourself to get over the fact that its only been democratic presidents in the last 30 years to lower the deficit.
And congress was GOP remember
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Old 07-19-2018, 08:57 AM   #25
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Originally Posted by Prison Bitch View Post
And congress was GOP remember
That's nice.

Doesn't change the fact that its been only democratic presidents that the deficit has gone down or have actually ran a surplus.

Obviously its not about a GOP Congress, what with Trump doubling the deficit in a year with them there.
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Old 07-19-2018, 09:11 AM   #26
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Originally Posted by Loneiguana View Post
Its red states that take more federal money than they give back.
Link?
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Old 07-19-2018, 09:52 AM   #27
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Originally Posted by Loneiguana View Post
That's nice.

Doesn't change the fact that its been only democratic presidents that the deficit has gone down or have actually ran a surplus.

Obviously its not about a GOP Congress, what with Trump doubling the deficit in a year with them there.
Dems can't ever cut the deficit unless there's a GOP congress in place
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Old 07-19-2018, 09:55 AM   #28
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Quote:
Originally Posted by Loneiguana View Post
Its red states that take more federal money than they give back.
Quote:
Originally Posted by Reerun_KC View Post
Link?
Not quite honest if you break down that black/white claim by examining the details.
A problem with this metric is that although federal funds make up a larger percentage of red states’ state budgets, the budgets in those states are generally lower overall than those of the free-spending blue states. If, instead of comparing federal funds to state budgets, we look at how much the federal government spends in intergovernmental grants per resident of a state, the results are turned on their heads.

http://thefederalist.com/2017/11/17/...es-tax-makers/
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Taking a brief break from Dongering,* to bring this announcement:

Israeli Uri Avnery, Veteran Peace Activist dies at age 94 in Tel Aviv. I will miss your bravery and your reporting over at Antiwar.com.

Now stay tuned for Tory Magazine sometime this fall.
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Old 07-19-2018, 10:00 AM   #29
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Originally Posted by Prison Bitch View Post
Dems can't ever cut the deficit unless there's a GOP congress in place
Sure thing buddy. That GOP Congress that just oversaw a doubling in a single year is totally the reason democratic presidents are more fiscal responsible than republican.

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Old 07-19-2018, 10:01 AM   #30
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Tax cuts without offsetting spending cuts is/was stupid.
Yes. Yes, it is.
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