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The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year


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THANKS TRUMP YOU FUCK...

The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year

Source: MSN/Washington Post

It was another crazy news week, so it's understandable if you missed a small but important announcement from the Treasury Department: The federal government is on track to borrow nearly $1 trillion this fiscal year — Trump's first full year in charge of the budget. 

That's almost double what the government borrowed in fiscal year 2017. 

Here are the exact figures: The U.S. Treasury expects to borrow $955 billion this fiscal year, according to a documents released Wednesday. It's the highest amount of borrowing in six years, and a big jump from the $519 billion the federal government borrowed last year. 

Treasury mainly attributed the increase to the “fiscal outlook.” The Congressional Budget Office was more blunt. In a report this week, the CBO said tax receipts are going to be lower because of the new tax law.

Read more: https://www.msn.com/en-us/news/politics/the-us-government-is-set-to-borrow-nearly-dollar1-trillion-this-year-an-84-percent-jump-from-last-year/ar-BBIDDl0 
 
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9 hours ago, Mainecat said:

THANKS TRUMP YOU FUCK...

The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year

Source: MSN/Washington Post

It was another crazy news week, so it's understandable if you missed a small but important announcement from the Treasury Department: The federal government is on track to borrow nearly $1 trillion this fiscal year — Trump's first full year in charge of the budget. 

That's almost double what the government borrowed in fiscal year 2017. 

Here are the exact figures: The U.S. Treasury expects to borrow $955 billion this fiscal year, according to a documents released Wednesday. It's the highest amount of borrowing in six years, and a big jump from the $519 billion the federal government borrowed last year. 

Treasury mainly attributed the increase to the “fiscal outlook.” The Congressional Budget Office was more blunt. In a report this week, the CBO said tax receipts are going to be lower because of the new tax law.

Read more: https://www.msn.com/en-us/news/politics/the-us-government-is-set-to-borrow-nearly-dollar1-trillion-this-year-an-84-percent-jump-from-last-year/ar-BBIDDl0 
 

Looks like Trump was right. There was so much wrong with the government, he didn't have time to play golf. If he only spent more time working instead of golf he would have had time to finish the Health care plan, balanced the budget etc.  Seems all he had time to do was give everyone a tax cut and increase military spending.  But people like those things and his followers will blame his deficits on Obama or Clinton. So it's all cool.

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1 minute ago, Stephen Hawking said:

And yet again MC either didn't read the full article or ignored the last part of it so he could blame trump alone.

Dumb blind stupid pants shitting senile imbicile :flush: just a clown 

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6 minutes ago, Stephen Hawking said:

And yet again MC either didn't read the full article or ignored the last part of it so he could blame trump alone.

But to be fair he also glossed over the part where the only non recession time that was worse was when St. Reagan was in charge. 

It’s all that trickle down goodness.

Give the  1% 80% of the tax cut and watch while the costs trickle down to the rest. 

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2 minutes ago, Sleepr2 said:

Suddenly the Liar is concerned about debt after 8 years of Obambi,

A5FCCF2E-7288-446C-9445-573DE501BC93.thumb.png.6dddf95dac5f2432fca662a8e9f4abd5.png

Look closely at your chart. Notice how it was climbing faster before Obama took office. Can you explain that?  Maybe that was Clinton’s fault. 

You know what a weird coincidence is?  How it climbed higher during the Reagan/Bush years, flattened out while Clinton was getting BJ’s and then shot up again with Bush.  

What’s your excuse going to be when it shoots up with Trump?

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8 minutes ago, revkevsdi said:

But to be fair he also glossed over the part where the only non recession time that was worse was when St. Reagan was in charge. 

It’s all that trickle down goodness.

Give the  1% 80% of the tax cut and watch while the costs trickle down to the rest. 

Not sure there is anyone dumber than you that posts on here, I have yet to read their posts if there is, you ignorant drooling stupid imbicile :flush: 

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2 minutes ago, revkevsdi said:

Look closely at your chart. Notice how it was climbing faster before Obama took office. Can you explain that?  Maybe that was Clinton’s fault. 

You know what a weird coincidence is?  How it climbed higher during the Reagan/Bush years, flattened out while Clinton was getting BJ’s and then shot up again with Bush.  

What’s your excuse going to be when it shoots up with Trump?

Notice how it kept climbing and not a single liberal whines about it until after Shrillery lost? 

Notice how no one ever talks about cutting spending ? Notice how liberals whine about tax cuts “ for the rich “ ignoring the fact 47%er pay little to nothing in tax? 

Notice how the only solution liberals have for any problem is to tax the people already paying the most ? 

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1 minute ago, Momorider said:

Not sure there is anyone dumber than you that posts on here, I have yet to read their posts if there is, you ignorant drooling stupid imbicile :flush: 

High praise indeed. It's like Trump verifying someone's integrity.

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Just now, Sleepr2 said:

Notice how it kept climbing and not a single liberal whines about it until after Shrillery lost? 

Notice how no one ever talks about cutting spending ? Notice how liberals whine about tax cuts “ for the rich “ ignoring the fact 47%er pay little to nothing in tax? 

Notice how the only solution liberals have for any problem is to tax the people already paying the most ? 

Notice how you are avoiding the question?  Yeah but, Hillary...............................  Their only pointing out that things are worse with Trump and you don't care.  You wouldn't shut up about Bill's BJ so they ask you about Trump's personal life, you wouldn't shut up about the deficit, so they so you it's worse with Trump, Golfing was a crime when Obama did it, suddenly you don't care.  

You whiney fuckers set the rules and now you don't like the game. 

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1 hour ago, revkevsdi said:

Notice how you are avoiding the question?  Yeah but, Hillary...............................  Their only pointing out that things are worse with Trump and you don't care.  You wouldn't shut up about Bill's BJ so they ask you about Trump's personal life, you wouldn't shut up about the deficit, so they so you it's worse with Trump, Golfing was a crime when Obama did it, suddenly you don't care.  

You whiney fuckers set the rules and now you don't like the game. 

Ever notice how liberals loved to,blame a Bush but get whiny when you,point out their blatant hypocrisy?

ever notice how liberals never seemed to mind Liar an sex predators and their enablers until now?

53 minutes ago, spin_dry said:

Suddenly you’re not. Liar. 

Wrong , I’ve always been for cutting spending you’re the liar.

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5 hours ago, revkevsdi said:

Notice how you are avoiding the question?  Yeah but, Hillary...............................  Their only pointing out that things are worse with Trump and you don't care.  You wouldn't shut up about Bill's BJ so they ask you about Trump's personal life, you wouldn't shut up about the deficit, so they so you it's worse with Trump, Golfing was a crime when Obama did it, suddenly you don't care.  

You whiney fuckers set the rules and now you don't like the game. 

only reason debt stayed some what level under Clinton was the total ass kicking he took in the midterm . you can Thank Newt 99%for the balancing of the budget that is a FACT  

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