Federal government borrowing to jump 80% this year. How is this good?

Lol now you’re a fiscal hawk right?

What did you say when the Kenyan borrowed 1.8 trillion?

I'll play wait and see. The national debt doubled from it's historic high under Obama. I don't think fiscal responsibility in government is really a hill you want to die on this morning.

But yet you probably support deficit spending to subsidize health care, promote an interventionist foreign policy and run the massive spying apparatus that you have so much faith in.

Trump tax cuts were a great idea IF they were coupled with big decreases in spending. Massive tax cuts with plans for big increases in defense and infrastructure spending is irresponsible at best. How any conservative can support this is baffling.

The Trumpkin reply seems to be

* since Obama did it, it's OK
* making jokes about liberals being budget hawks
* nothing of substance

They can't. They just say Obama did it too. Well Trump campaigned on fixing these problems.

Tax revenues are projected to be reduced while spending increases.

We are now entrenched in Syria with no exit plan. We want to save the Kurds, but the regional governments (except for Israel) Iran, Iraq, Syria, Turkey are all against it. More nation building.



Trump wants to plow over a trillion into infrastructure. I have no problem with this, even if the wall is part of this.

Afghanistan is going to require more manpower and investment and there is no end to our involvement there.

Trump want to increase defense spending bigly. Who knows how much his nuke renovation will cost. Since 911, over $8 trillion has been borrowed with no payback on our collective wars.

This should not be a partisan issue, because it is an American issue. This is what we do. Can Trump break the cycle? We'll see.

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The Trump Treasury Department has announced that federal borrowing is expected to increase 80% this year. Real News. Are we winning?

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That is what happens when you implement immediate tax cuts. Obviously you have no idea how a budget is done and then the implication of said tax cuts. That is why Democrats, who typically major in liberal sciences, shouldn’t be allowed to have any say on the budget.

That there is some mighty fine debt hawk'n there, son. Mighty fine.

Maybe go extra dramatic next time, and say that future generations will die because of it.

At least with this borrowing the gdp is improving and interest rates are going up, improving the gdp to debt ratio and giving us the ability to cut rates to soften the next recession?

That is the only good I see, I am mostly against increasing the debt.

I'm glad that you are finally concerned.

So where should we start cutting?

- Medicare?
- Social Security?

Naturally, the govt should not be increasing its debt. However, we are experiencing tax cuts this year so it is only logical that this will increase in the short term. The key is to whether this tax cut will be married to a decrease in spending. If a decrease is not in place soon then this could be very bad. However, Trump is a businessman first, so I’m going to give him just a touch of the benefit of the doubt. I would imagine that he knows that payables must be lower than receivables in order to survive. If there is no plan in place by the end of the year I’ll call shame.