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U.S. Budget Deficit Hits Widest on Record for Month of November - $205 BILLION
Posted on 12/13/18 at 4:11 pm
Posted on 12/13/18 at 4:11 pm
LINK
quote:
The U.S. posted the widest November budget deficit on record as spending doubled revenue.
Outlays jumped 18 percent to $411 billion last month, while receipts were little changed at $206 billion, the Treasury Department said in a monthly report on Thursday. That left a $205 billion shortfall, compared with a $139 billion gap a year earlier.
The U.S. ran the largest deficit in six years in fiscal 2018, the first full year of Donald Trump’s presidency when his Republican party enacted a tax-cut package and raised federal spending for the military and other priorities. The measures have added to the growing federal deficit, which is forecast to push past $1 trillion by 2020 when the U.S. next holds presidential elections.
11
Posted on 12/13/18 at 4:14 pm to AlaTiger
You mean things get more expensive as years go on?
Who gives a frick?!
Bad orange man for spending money on the military to keep our citizens safe.
fricking idiots in this country I swear.
Who gives a frick?!
Bad orange man for spending money on the military to keep our citizens safe.
fricking idiots in this country I swear.
Posted on 12/13/18 at 4:15 pm to momentoftruth87
quote:
fricking idiots in this country I swear.
Indeed.
Posted on 12/13/18 at 4:17 pm to AlaTiger
If we didn’t have $20 billion in debt service, revenues would be just fine
Posted on 12/13/18 at 4:19 pm to AlaTiger
That's ok. Trump will file for bankruptcy and we will just not pay the workers. We can get Michael Cohen to threaten the unions and we will refinance with the Russian mob.
Posted on 12/13/18 at 4:19 pm to LSUTIGER in TEXAS
quote:
If we didn’t have $20 billion in debt service, revenues would be just fine
Thanks Obama.
Posted on 12/13/18 at 4:20 pm to LSUTIGER in TEXAS
That debt just keeps getting higher.
We used to care about this. I remember.
We used to care about this. I remember.
Posted on 12/13/18 at 4:21 pm to AlaTiger
MAGA!!!
Posted on 12/13/18 at 4:26 pm to AlaTiger
TRUMP!
Posted on 12/13/18 at 4:28 pm to momentoftruth87
quote:
the military to keep our citizens safe.
Safe from what threat?
Posted on 12/13/18 at 4:29 pm to TBoy
quote:
That's ok. Trump will file for bankruptcy and we will just not pay the workers. We can get Michael Cohen to threaten the unions and we will refinance with the Russian mob.
Proof that Trump can even make LowT liberals care about the debt.
Posted on 12/13/18 at 4:30 pm to momentoftruth87
quote:
Bad orange man for spending money on the military to keep our citizens safe.
fricking idiots in this country I swear.
Let’s face facts, dumbass, if this were Obama you’d be livid. But hey, it’s the almighty Trump, so he can’t do anything wrong in your mind. Trump could frick your wife, and your only comment would be asking him if she was tight enough to meet his standards.
Posted on 12/13/18 at 4:31 pm to Dead End
Can we issue more DJT stock to bail this out?
What?
It's already bankrupt? damn!
Taj Mahal second Mortgage or the Yahct? oh its gone too
What?
It's already bankrupt? damn!
Taj Mahal second Mortgage or the Yahct? oh its gone too
Posted on 12/13/18 at 4:33 pm to momentoftruth87
quote:
fricking idiots in this country I swear.
Especially the ones without self-awareness...
Posted on 12/13/18 at 4:35 pm to AlaTiger
What’s the trend if you compare November 2018 receipts to November 2017 receipts?
Posted on 12/13/18 at 4:35 pm to Dead End
quote:
Proof that Trump can even make LowT liberals care about the debt.
Or, that Trump can make his followers not give a shite about excessive government spending and still claim to be conservatives.
Same group who went apeshit when Obama overspent.
Idiots.
Posted on 12/13/18 at 4:36 pm to OMLandshark
quote:
Let’s face facts, dumbass, if this were Obama you’d be livid. But hey, it’s the almighty Trump, so he can’t do anything wrong in your mind. Trump could frick your wife, and your only comment would be asking him if she was tight enough to meet his standards.
So our National Debt is all of Trumps fault? No, it is the fault of all of our elected officials over time.
It costs a lot of money to fund our military. Would you rather us not have a strong military?
Posted on 12/13/18 at 4:44 pm to momentoftruth87
OK, let me guide you through the art of thinking. I know it’s been a while, Cletus, but just try to keep up with me here. I will try to use as simple of words as I can.
So I said you would be livid if this were Obama; your response:
Where did I say that? I didn’t. I’m just holding everyone to an equal standard here.
Trump isn’t remotely responsible for anything bad that happens. He’s never done anything wrong.
I’d cut our military budget in half actually. We have two massive fricking oceans protecting us. The military budget is what I call corporate welfare.
So I said you would be livid if this were Obama; your response:
quote:
So our National Debt is all of Trumps fault?
Where did I say that? I didn’t. I’m just holding everyone to an equal standard here.
quote:
No, it is the fault of all of our elected officials over time.
Trump isn’t remotely responsible for anything bad that happens. He’s never done anything wrong.
quote:
It costs a lot of money to fund our military. Would you rather us not have a strong military?
I’d cut our military budget in half actually. We have two massive fricking oceans protecting us. The military budget is what I call corporate welfare.
Posted on 12/13/18 at 5:10 pm to momentoftruth87
is it all military spending accounting for the deficit? I dont think that is accurate. we need a strong defense but dont assume that is the only reason.
Posted on 12/13/18 at 5:10 pm to OMLandshark
You're the dumbass that brought up Obama. Where did I initially say anything about him. I said this number is so big to everyone, but it isn't all of trump. And yes, it's 2018, military costs more than when Obama was in office, Bush, Clinton and so on. This debt is not all of Trump's so why blame his administration?
And yes, I personally do not care about the debt numbers or military spending as long as you, I and every other American are safe and funds are being used for what they are supposed to be used on.
And yes, I personally do not care about the debt numbers or military spending as long as you, I and every other American are safe and funds are being used for what they are supposed to be used on.
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