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Old 09-12-2019, 03:43 PM  
Donger Donger is online now
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The US deficit topped $1 trillion

https://www.cnn.com/2019/09/12/busin...ust/index.html

Washington (CNN Business)The US budget deficit widened to $1.067 trillion for the first 11 months of the fiscal year, an increase of 19% over this time last year, the Treasury Department reported Thursday.

The current shortfall exceeds the full-year deficit for fiscal 2018, which was $898 billion.

President Donald Trump, who promised during the 2016 campaign to eliminate the federal debt, has instead overseen a dramatic increase in deficits.

The White House's Office of Management and Budget has predicted that the deficit will exceed $1 trillion for the entire fiscal year, which ends on September 30. On Monday, the nonpartisan Congressional Budget Office said the federal deficit had surpassed $1 trillion in the first 11 months of fiscal 2019, according to its budget review.
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Old 09-13-2019, 07:36 AM   #46
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Its 70% of our total discretionary spending dumb-ass. Pick up a newspaper or do a googling sometime.
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Nobody cares about your faux contrarian outrage. And I'll stand by my point that this isn't a partisan issue. I'll even go as far as to say they should not cut military spending, but perhaps be a little more discerning about how much government contracting is fleecing us instead of just throwing blank checks around.
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Old 09-13-2019, 07:37 AM   #47
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Originally Posted by Prison Bitch View Post
Its 70% of our total discretionary spending dumb-ass. Pick up a newspaper or do a googling sometime.
...it's a good thing.

Get a life where you can make a difference.

Crying about the same things on the planet doesn't change a thing.
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Old 09-13-2019, 07:37 AM   #48
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We placed 3 trillion on the public credit card for war while cutting taxes that added even more. (Thanks republicans)

Whats the interest rate on 3 trillion?

The republicans policy of unfunded wars on the public credit card and cutting taxes just one of the primary reasons for debt and deficit.
The underlined helps make your statement true. You have no desire to talk about the rest as they are sacred cows for your cult just like defense spending is a sacred cow to many in the GOP cult.
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Old 09-13-2019, 07:38 AM   #49
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Originally Posted by Loneiguana View Post


We placed 3 trillion on the public credit card for war while cutting taxes that added even more. (Thanks republicans)

Whats the interest rate on 3 trillion?

The republicans policy of unfunded wars on the public credit card and cutting taxes the primary reasons for debt and deficit.
What do you care? As long as we the tax payer support your non working lazy ass, everything is great, right?

That said, I agree that senseless wars are a total waste. We need out of Afghanistan like 10 years ago. That speaks to the waste that Donger is referencing.
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Old 09-13-2019, 07:39 AM   #50
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Originally Posted by lawrenceRaider View Post
The underlined helps make your statement true. You have no desire to talk about the rest as they are sacred cows for your cult just like defense spending is a sacred cow to many in the GOP cult.
Like most Dems here, Frankie is a one trick pony.
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Old 09-13-2019, 07:40 AM   #51
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Old 09-13-2019, 07:41 AM   #52
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The deficit Obama inherited was directly caused by Democrat policies on home lending.




The data disagrees.
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Old 09-13-2019, 07:42 AM   #53
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Oh good, Guano's here. The voice of reason.
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Old 09-13-2019, 07:43 AM   #54
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Originally Posted by lawrenceRaider View Post
The underlined helps make your statement true. You have no desire to talk about the rest as they are sacred cows for your cult just like defense spending is a sacred cow to many in the GOP cult.
There really is no reason to discuss the other factors. Those are the two biggest by a far far margin.
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Old 09-13-2019, 07:46 AM   #55
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Originally Posted by Loneiguana View Post
There really is no reason to discuss the other factors. Those are the two biggest by a far far margin.
What? Even per your chart, those make up about a third. I'd call that a reason.
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Old 09-13-2019, 07:46 AM   #56
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Originally Posted by Bowser View Post
What do you care? As long as we the tax payer support your non working lazy ass, everything is great, right?

That said, I agree that senseless wars are a total waste. We need out of Afghanistan like 10 years ago. That speaks to the waste that Donger is referencing.
Why would I care? I mean outside of Republicans using the debt and deficit they created to hamstring democrats?

Or just think about where this country could be if we had invested 3 trillion dollars into say infrastructure or higher education or job training. Just basically anything in America.

Or imagine all the cuts Republicans have carried out to programs that help Americans, from seniors to infants, because of their reckless spending. Just imagine how much stronger America could be if we hadn't irresponsible cut taxes.

Sorry, Republicans don't get to play the "both sides" when they own the debt and deficit over the last 20 years.
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Old 09-13-2019, 07:49 AM   #57
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Originally Posted by Bowser View Post
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Nobody cares about your faux contrarian outrage. And I'll stand by my point that this isn't a partisan issue. I'll even go as far as to say they should not cut military spending, but perhaps be a little more discerning about how much government contracting is fleecing us instead of just throwing blank checks around.

You’re a total fraud on this issue. You just hate that I called you out for it.
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Old 09-13-2019, 07:49 AM   #58
Loneiguana Loneiguana is offline
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What? Even per your chart, those make up about a third. I'd call that a reason.
You need glasses gramps?

There is not way to twist that graph to say a third.

/Also note this graph does not take into account the 1.5 trillion that is projected to be added by Trump's tax scam.
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Old 09-13-2019, 07:50 AM   #59
Prison Bitch Prison Bitch is offline
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...it's a good thing.

Get a life where you can make a difference.

Crying about the same things on the planet doesn't change a thing.

Did I really have “Stevie Ray” tell me to get a life?


A true man-bites-dog moment here on CP.
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Old 09-13-2019, 07:51 AM   #60
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Quote:
Originally Posted by Loneiguana View Post
You need glasses gramps?

There is not way to twist that graph to say a third.

/Also note this graph does not take into account the 1.5 trillion that is projected to be added by Trump's tax scam.
There's no twisting necessary. Do you not see the blue, light blue and gray?
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