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re: What's worse: Boebert voting Nay or Anna Paulina Luna being a no-show/no vote?
Posted on 10/3/23 at 4:10 pm to Heinrich H
Posted on 10/3/23 at 4:10 pm to Heinrich H
quote:
didn't give the first rats arse about when Trump ran up seven trillion.
Because that didn't happen if you are trying to infer deficit spending.
FY2016-FY2019 deficit spending totals just over $3T.
FY2020-FY2023 (estimated) deficit spending totals $8.8T.
Furthermore, the President doesn't control spending, the House does. Guess who controlled the House when the vast majority of that $11.8T in deficit spending happened (hint: it wasn't any member of the GOP)...
2
Posted on 10/3/23 at 4:16 pm to Bard
quote:
Furthermore, the President doesn't control spending, the House does
Spending is negotiated by the admin, House factions, and Senate factions.
Posted on 10/4/23 at 8:23 am to Bard
quote:
FY2016-FY2019 deficit spending totals just over $3T.
FY2020-FY2023 (estimated) deficit spending totals $8.8T
The problem with this statement is that 2016 wasn’t Trump’s year, as it was Obama’s last FY.
And 2020 was Trump’s, not Biden.
Budget deficits under Trump:
2017: $666 B
2018: $779B
2019: $984 B
2020: $3.13 T ($1.02 T was non-COVID)
So roughly $5.5T of budget deficits, which added over $7T to the debt.
Slice it anyway you want, but the foundation for inflation started in 2019.
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