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Nobody Cares Anymore but the Budget Deficit in February was the highest in 6 years.

Posted on 3/12/18 at 3:26 pm
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 3/12/18 at 3:26 pm
Bloomberg Article
quote:

The U.S. recorded a $215 billion budget deficit in February -- its biggest in six years -- as revenue declined.

Fiscal income dropped to $156 billion, down 9 percent from a year earlier, while spending rose 2 percent to $371 billion, the Treasury Department said on Monday. The deficit for the fiscal year that began in October widened to $391 billion, compared with a $351 billion shortfall the same period a year earlier, according to the Treasury report.


quote:

The data underscore concerns by some economists that Republican tax cuts enacted this year could increase the U.S. government debt load, which has surpassed $20 trillion. The tax changes are expected to reduce federal revenue by more than $1 trillion over the next decade, while a $300 billion spending deal reached by Congress in February could push the deficit higher.
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 3/12/18 at 3:27 pm to
Just cut foreign aid, public television, and food stamps. That'll fix 'er right up.
Posted by LNCHBOX
70448
Member since Jun 2009
84118 posts
Posted on 3/12/18 at 3:29 pm to
quote:

Nobody Cares Anymore

You pretend like the left did while Obama was running it up. Amazing that yall all of a sudden care.
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 3/12/18 at 3:31 pm to
quote:

Nobody Cares Anymore but the Budget Deficit in February was the highest in 6


8 years of a homosexual Communist that never had a job and snorts coke every time no one is looking...what do you expect??
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73726 posts
Posted on 3/12/18 at 3:31 pm to
You didnt seem to mind the last 8yrs
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 3/12/18 at 3:32 pm to
But the tweets man, thats worth something!
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 3/12/18 at 3:32 pm to
Weather is NOT climate!
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25639 posts
Posted on 3/12/18 at 3:33 pm to
Honestly, few people care as long as their tribe is the one running up the tab. It has been that way "forever".
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37655 posts
Posted on 3/12/18 at 3:35 pm to
quote:

Nobody Cares Anymore but the Budget Deficit in February was the highest in 6 years.


Thank Obama ... the fricking traitorous douchebag.

And it will continue to rise for decades thanks to both Bush and Obama ... but mostly Obama.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 3/12/18 at 3:35 pm to
quote:

You pretend like the left did while Obama was running it up. Amazing that yall all of a sudden care.



The deficit went down while he was in office.

Posted by LNCHBOX
70448
Member since Jun 2009
84118 posts
Posted on 3/12/18 at 3:35 pm to
quote:

The deficit went down while he was in office.
Posted by The Pirate King
Pangu
Member since May 2014
57698 posts
Posted on 3/12/18 at 3:36 pm to
why do you and tigerindc post the same types of things with the same weird title capitalizations?
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 3/12/18 at 3:37 pm to
quote:

The deficit went down while he was in office.






If my wife spent 100k on credit cards in year one....she doesn't get "credit" for spending ONLY 40k in year 5
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25639 posts
Posted on 3/12/18 at 3:38 pm to
quote:

Weather is NOT climate!


Oddly apropos.
Posted by Big_Slim
Mogadishu
Member since Apr 2016
3977 posts
Posted on 3/12/18 at 3:38 pm to
One side promises to cut military, the other promises to cut welfare, and somehow neither ever gets done. RIP U.S. dollar
Posted by doubleb
Baton Rouge
Member since Aug 2006
36046 posts
Posted on 3/12/18 at 3:41 pm to
quote:

The deficit went down while he was in office.


But the debt only went up 9 Trillion.
Posted by wickowick
Head of Island
Member since Dec 2006
45810 posts
Posted on 3/12/18 at 3:42 pm to
quote:

The deficit went down while he was in office.


Show us.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 3/12/18 at 3:43 pm to
quote:

If my wife spent 100k on credit cards in year one....she doesn't get "credit" for spending ONLY 40k in year 5


I'm not arguing that the Gov't doesn't spend to much but if we are just stating the facts then the deficit from the time he took office to the time he left went down and down by a significant amount.

Nobody is talking about "credit". I stated a fact. If your wife spends 100K in year one and 40K in year five her spending has gone down.

Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25639 posts
Posted on 3/12/18 at 3:44 pm to
quote:

One side promises to cut military, the other promises to cut welfare, and somehow neither ever gets done. RIP U.S. dollar


Spending money is so much more fun than not spending it.

So many show up in Washington with Jefferson Smith level passion on cutting spending then after a few days with the unlimited Black Card they turn into a Kardashian on Rodeo Drive.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69303 posts
Posted on 3/12/18 at 3:45 pm to
It went down during his 2nd term and again began to climb in 2016
This post was edited on 3/12/18 at 3:46 pm
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