Mainecat Posted September 14, 2019 Share Posted September 14, 2019 GOP: Party of "Borrow and spend" ... worse than tax and spend accusers ever imagined ... at least Democrats wanted to be sure we could pay for deficits over time. https://www.cnn.com/2019/09/12/business/us-federal-deficit-august/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. The last time the gap was that big was in 2012, in the aftermath of the financial crisis. A number of factors are driving the US deficit increase, including the $1.5 trillion tax cuts signed into law by Trump in 2017 along with a massive spending package passed by Congress. The deficit is expected to swell to $960 billion in fiscal 2019, according to the CBO's latest report, and average $1.2 trillion in each of the next 10 years. The CBO raised its forecast for this year's deficit by $63 billion after Trump signed into law a bipartisan two-year budget deal over the summer. In August, Congress agreed to a deal that would raise spending by an additional $320 billion over the next two years and suspended the debt ceiling through mid-2021. The Committee for a Responsible Federal Budget estimates that the 2017 tax cuts combined with new spending by Congress will add more than $4.1 trillion to the federal debt by 2029. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted September 14, 2019 Share Posted September 14, 2019 so are you on board to a 30% cut across the board ? I am Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted September 14, 2019 Platinum Contributing Member Share Posted September 14, 2019 4 minutes ago, Ez ryder said: so are you on board to a 30% cut across the board ? I am me too Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted September 15, 2019 Gold Member Share Posted September 15, 2019 United States Government the government of spend well beyond it's means. Republican or Democrat dont mean fuck all. 2 Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted September 15, 2019 Gold Member Share Posted September 15, 2019 12 minutes ago, Ez ryder said: so are you on board to a 30% cut across the board ? I am Are any of the Republicans you support on board for that? Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted September 15, 2019 Gold Member Share Posted September 15, 2019 14 minutes ago, Kivalo said: Are any of the Republicans you support on board for that? Rand Paul maybe???? Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 15, 2019 Share Posted September 15, 2019 27 minutes ago, Ez ryder said: so are you on board to a 30% cut across the board ? I am That’s a question for trump. Quote Link to comment Share on other sites More sharing options...
Anler Posted September 15, 2019 Share Posted September 15, 2019 28 minutes ago, Ez ryder said: so are you on board to a 30% cut across the board ? I am Sure but 50% military. 1 Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted September 15, 2019 Share Posted September 15, 2019 Barack Obama: Added $8.588 trillion, a 74% increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009. FY 2017 - $672 billion. FY 2016 - $1.423 trillion. FY 2015 - $327 billion. FY 2014 - $1.086 trillion. FY 2013 - $672 billion. FY 2012 - $1.276 trillion. FY 2011 - $1.229 trillion. FY 2010 - $1.652 trillion. FY 2009 - $253 billion. Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama's contribution to the debt. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted September 15, 2019 Platinum Contributing Member Share Posted September 15, 2019 11 hours ago, Kivalo said: United States Government the government of spend well beyond it's means. Republican or Democrat dont mean fuck all. x2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted September 15, 2019 Platinum Contributing Member Share Posted September 15, 2019 10 hours ago, BOHICA said: Rand Paul maybe???? That's about it.The rest are junkies. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 15, 2019 Author Share Posted September 15, 2019 13 hours ago, Ez ryder said: so are you on board to a 30% cut across the board ? I am Rescind the trillions in Trump tax cuts. Cut 30% of the military. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted September 15, 2019 Platinum Contributing Member Share Posted September 15, 2019 nothing for nothing but when he tried to cut forgein aid house members on both sides came unglued. And that is the place to start. Quote Link to comment Share on other sites More sharing options...
Edmo Posted September 15, 2019 Share Posted September 15, 2019 20 minutes ago, Mainecat said: Rescind the trillions in Trump tax cuts. Cut 30% of the military. You refuse to acknowledge they took in more even with the tax cuts. That’s not the issue here. Spending cuts need to be across the board. If you think the military budget is the only bloated one you’re not paying attention. 1 Quote Link to comment Share on other sites More sharing options...
Cold War Posted September 15, 2019 Share Posted September 15, 2019 21 minutes ago, Mainecat said: Rescind the trillions in Trump tax cuts. Cut 30% of the military. Finger hovering over send , loaded up with DU memes of Trump hurting veterans. 1 Quote Link to comment Share on other sites More sharing options...
washedupmxer Posted September 15, 2019 Share Posted September 15, 2019 2 hours ago, XCR1250 said: Barack Obama: Added $8.588 trillion, a 74% increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009. FY 2017 - $672 billion. FY 2016 - $1.423 trillion. FY 2015 - $327 billion. FY 2014 - $1.086 trillion. FY 2013 - $672 billion. FY 2012 - $1.276 trillion. FY 2011 - $1.229 trillion. FY 2010 - $1.652 trillion. FY 2009 - $253 billion. Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama's contribution to the debt. But Trump's settings records derp derp Quote Link to comment Share on other sites More sharing options...
Snake Posted September 15, 2019 Share Posted September 15, 2019 28 minutes ago, Cold War said: Finger hovering over send , loaded up with DU memes of Trump hurting veterans. Remember the pissing they did when military money got diverted for the wall....... "WHAT ABOUT THE MILITARY!!!!111111" Quote Link to comment Share on other sites More sharing options...
Momorider Posted September 15, 2019 Share Posted September 15, 2019 What percentages are actually discretionary not much Medicare and Medicaid and social security are like 80% plus running that bloated gluttony Quote Link to comment Share on other sites More sharing options...
f7ben Posted September 15, 2019 Share Posted September 15, 2019 1 minute ago, Momorider said: What percentages are actually discretionary not much Medicare and Medicaid and social security are like 80% plus running that bloated gluttony Shut the fuck up stupid 1 Quote Link to comment Share on other sites More sharing options...
Momorider Posted September 15, 2019 Share Posted September 15, 2019 1 minute ago, f7ben said: Shut the fuck up stupid Sodomite Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 15, 2019 Platinum Contributing Member Share Posted September 15, 2019 2 minutes ago, f7ben said: Shut the fuck up stupid Quote Link to comment Share on other sites More sharing options...
Cold War Posted September 15, 2019 Share Posted September 15, 2019 15 minutes ago, Snake said: Remember the pissing they did when military money got diverted for the wall....... "WHAT ABOUT THE MILITARY!!!!111111" It’s a lose/ lose. What ever happened to kids in cages? Did they get out? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 15, 2019 Platinum Contributing Member Share Posted September 15, 2019 (edited) 28 minutes ago, Snake said: Remember the pissing they did when military money got diverted for the wall....... "WHAT ABOUT THE MILITARY!!!!111111" 5 minutes ago, Cold War said: It’s a lose/ lose. What ever happened to kids in cages? Did they get out? Nice try but the fact is that Trump acts without congressional approval and most here don't have an issue with people that serve so taking money from their housing and childcare is a shitty move....but you guys know all that. Edited September 15, 2019 by Jimmy Snacks Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted September 15, 2019 Share Posted September 15, 2019 1 hour ago, Mainecat said: Rescind the trillions in Trump tax cuts. Cut 30% of the military. no 30% across the board . you are the part of fairness right ? then we can discuss the real needed cuts and to what departments Quote Link to comment Share on other sites More sharing options...
racer254 Posted September 15, 2019 Share Posted September 15, 2019 1 hour ago, Mainecat said: Rescind the trillions in Trump tax cuts. Cut 30% of the military. Fuck you and rescinding tax cuts. How many times are you going to wish for more taxes because you think it will help the deficit. It's obvious that they have a spending problem and giving them any more will allow them to continue. How about we do more tax cuts as well as cutting 30% across the board. Quote Link to comment Share on other sites More sharing options...
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