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Trump promised to eliminate the national debt. It has risen by $3 trillion


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Trump promised to eliminate the national debt. It has risen by $3 trillion

Source: CBS

President Trump pledged to eliminate the national debt within eight years. Almost halfway to his self-imposed deadline, it has actually increased. 

The U.S. is $3 trillion more in debt than it was when Mr. Trump entered the White House. In nearly three years, it rose 15% — from $19.9 trillion to $22.9 trillion, according to the latest numbers from the Treasury Department. 

... snip ... 

The federal deficit is $984.4 billion — up 26% from $779 billion in 2018 — and is widely expected to exceed $1 trillion this year. The increase is largely attributed to the $1.5 trillion tax cuts that Mr. Trump signed in 2017. They have so far resulted in revenue losses at a time of spending growth. 

The president and Republicans argued that the tax cuts would pay for themselves, but Representative Kevin Brady, who helped craft the 2017 bill, admitted this year that that has yet to happen.

Read more: https://news.google.com/articles/CAIiEN-xevY2CA4bWKOYYgvxWp8qGQgEKhAIACoHCAowyNj6CjDyiPICML_fxAU?hl=en-US&gl=US&ceid=US%3Aen
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Another article blaming the deficit on tax cuts.  How stupid do you have to be to allow yourself to be convinced of this crap.  Giving the government more money will not reduce spending PERIOD.  That's like saying....that's like giving an alcohol to an alcoholic and telling them to only take a couple sips and save the rest.  NOT GONNA HAPPEN.  The way you fix that is by not giving them the alcohol in the first place. 

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1 minute ago, racer254 said:

Another article blaming the deficit on tax cuts.  How stupid do you have to be to allow yourself to be convinced of this crap.  Giving the government more money will not reduce spending PERIOD.  That's like saying....that's like giving an alcohol to an alcoholic and telling them to only take a couple sips and save the rest.  NOT GONNA HAPPEN.  The way you fix that is by not giving them the alcohol in the first place. 

Because the Dems were planning on using the money stripped from them by the tax cuts to pay off the debt!  

The deplorables ruined everything!!!!  :lol:

 

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1 minute ago, Zambroski said:

Because the Dems were planning on using the money stripped from them by the tax cuts to pay off the debt!  

The deplorables ruined everything!!!!  :lol:

 

deplorables are going to wreck everything again next November

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4 minutes ago, racer254 said:

Another article blaming the deficit on tax cuts.  How stupid do you have to be to allow yourself to be convinced of this crap.  Giving the government more money will not reduce spending PERIOD.  That's like saying....that's like giving an alcohol to an alcoholic and telling them to only take a couple sips and save the rest.  NOT GONNA HAPPEN.  The way you fix that is by not giving them the alcohol in the first place. 

Are you fuckin serious? 

You idiots voted for the liar.

Edited by Mainecat
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Just now, Zambroski said:

Because the Dems were planning on using the money stripped from them by the tax cuts to pay off the debt!  

The deplorables ruined everything!!!!  :lol:

 

Oh yeah, they had big plans for those $$$  BUYING VOTES.

Honestly, who would have ever believed that there would be a bunch of people in this country that are bamboozled by the mantra that TAX CUTS ARE BAD?  The government is going to allow you to keep more of your money and you are dumb enough to believe this is a bad thing?  FFS, you are the reason for problems in the world today regarding any and all Debt crisis.  A fool and his money are soon parted.  100% correct with many of these dipshits.

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5 minutes ago, Mainecat said:

Are you fuckin serious? 

You idiots voted for the liar.

You are being convinced that that tax cuts are the issue and you have the audacity to ask me if I am serious?   Don't you reside in your current state because taxes were to high in the other state you worked?  Please, continue with your bullshit.

Edited by racer254
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2 minutes ago, spin_dry said:

Government expenditures rose another 2% last quarter. Consumer spending and increasing deficit spending are the only things keeping the economy afloat. 

Republicans. Reduce income , reduce spending on infrastructure, Education, medical and social programs, increase spending on the industrial complex to enrich the 1%. Destroy the environment. 
 

Then claim they are here for the little guy.   
 


 

 

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2 hours ago, Mainecat said:

Trump promised to eliminate the national debt. It has risen by $3 trillion

Source: CBS

President Trump pledged to eliminate the national debt within eight years. Almost halfway to his self-imposed deadline, it has actually increased. 

The U.S. is $3 trillion more in debt than it was when Mr. Trump entered the White House. In nearly three years, it rose 15% — from $19.9 trillion to $22.9 trillion, according to the latest numbers from the Treasury Department. 

... snip ... 

The federal deficit is $984.4 billion — up 26% from $779 billion in 2018 — and is widely expected to exceed $1 trillion this year. The increase is largely attributed to the $1.5 trillion tax cuts that Mr. Trump signed in 2017. They have so far resulted in revenue losses at a time of spending growth. 

The president and Republicans argued that the tax cuts would pay for themselves, but Representative Kevin Brady, who helped craft the 2017 bill, admitted this year that that has yet to happen.

Read more: https://news.google.com/articles/CAIiEN-xevY2CA4bWKOYYgvxWp8qGQgEKhAIACoHCAowyNj6CjDyiPICML_fxAU?hl=en-US&gl=US&ceid=US%3Aen

How dare you accuse that fine Christian man of lying.  
 

next thing you will tell me is the wall isn’t finished, he didn’t have a health plan that would cover everyone for a fraction of the price and he didn’t defeat isis in 30 days.  
 

Go away with your facts. 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

You’re making the children cry. 

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1 minute ago, revkevsdi said:

How dare you accuse that fine Christian man of lying.  
 

next thing you will tell me is the wall isn’t finished, he didn’t have a health plan that would cover everyone for a fraction of the price and he didn’t defeat isis in 30 days.  
 

Go away with your facts. 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

You’re making the children cry. 

You fritter away your life about another country’s politics.

:lol:

 

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3 minutes ago, Zambroski said:

You fritter away your life about another country’s politics.

:lol:

 

and yet you are right there reading every post. Plus you follow at least 10 others reading everything they post all the whole claiming they mean nothing.  What a strange little man. 
 

I know that is meant as a rolling on the floor laughing emoji.  But when you post it, it looks like a temper tantrum. 
 

poor stupid Zambo. 

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1 minute ago, revkevsdi said:

and yet you are right there reading every post. Plus you follow at least 10 others reading everything they post all the whole claiming they mean nothing.  What a strange little man. 
 

I know that is meant as a rolling on the floor laughing emoji.  But when you post it, it looks like a temper tantrum. 
 

poor stupid Zambo. 

I enjoy frustrating the weak, bitter and ignorant knowing you can do nothing about it.....here or in the real world.

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36 minutes ago, F3600 said:

I quit worrying about something we're never going to pay back anyway.  Who's going to make us?  People pay debts, Governments do not.

Thank you.  So basically TAX CUTS help people pay their deby and TAXES help government spend.....pretty simple.

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1 hour ago, Zambroski said:

I enjoy frustrating the weak, bitter and ignorant knowing you can do nothing about it.....here or in the real world.

You couldn't be less important to anyone anywhere if you tried.  

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