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Started By
Message
re: Trump Spending Twice as Fast as Earning
Posted on 11/13/18 at 5:37 pm to Ebbandflow
Posted on 11/13/18 at 5:37 pm to Ebbandflow
quote:
A ballooning U.S. budget shortfall -- fueled by tax cuts,
Stopped reading right there. This isn't economic analysis, it's political rhetoric.
Posted on 11/13/18 at 5:37 pm to CelticDog
quote:
Sen McConnell says we have to cut medicare and socialist security to make up the shortfall. Dems should have used that clip in all Senate races that were even close.
So what expenditures would you cut back on to stop the debt problem?
Posted on 11/13/18 at 5:39 pm to trinidadtiger
This is true, but before the tax cuts were enacted Trump and those damn Republicans should have had plans to cut spending equally, incremenrally, bit it wasn't done. Instead we have spent more and faster than revenue coming in. Tax cuts was a pacifier to some. Not me. I want my government to get ahold of its drunken spending habit. If revenue is indeed coming in at record levels from other sources besides taxes, then all we need to do is cut spending.
She-it has to end.
She-it has to end.
Posted on 11/13/18 at 5:40 pm to Seldom Seen
quote:
TRUMP can't spend money only congress can.
Don't worry I'm sure Nancy will put out a balanced budget in just a few more weeks.
Like the one Paul Ryan and McConnell worked on the past 2 years or so? Pelosi hasn't been speaker since 2010?
Posted on 11/13/18 at 5:41 pm to Nguyener
quote:
Let's cut welfare and social security
Trump says he's not touching Medicare / Social Security.
Posted on 11/13/18 at 5:53 pm to Ebbandflow
quote:
fueled by tax cuts, spending hikes and an aging population
Two of those things are not tax cuts...
and those same two would have been reigned in by Republican Medicaid proposals BUT FOR a handful of moderate R's and EVERY DEMOCRAT.
Posted on 11/13/18 at 5:55 pm to Ebbandflow
No one is stopping you from paying more. Why don’t you write a check to the feds or tell them to take out more? Or tell them to keep your tax return
Posted on 11/13/18 at 6:09 pm to Ebbandflow
Government receipts way up. Spending is always the problem. We all know this.
Posted on 11/13/18 at 6:22 pm to Ebbandflow
quote:What the frick are you talking about. He's living in the same house, as the last 43 guys!
living extravagantly with the largest security detail in history
Please explain how his lifestyle is more extravagant than the Presidents of the past 50 years???
And do you really think the security, the INCREASE in security over what any other person would have had today had they been elected 45 (if there even is an increase), is anything? It's not even a rounding error.
Posted on 11/13/18 at 6:27 pm to taylork37
quote:
HEY EVERYONE
NEITHER PARTY CARES ABOUT THE DEFICIT
Fixed that for the both of y’all.
Posted on 11/13/18 at 6:29 pm to Ebbandflow
There’s literally billions of dollars we could cut from each cabinet department alone
Posted on 11/13/18 at 6:32 pm to Ebbandflow
Tax revenue is expected to be at 3.4 trillion for the next fiscal year. That’s climbing toward twice what it was prior to the recession. This is just piss poor propaganda reporting.
Posted on 11/13/18 at 6:38 pm to Ebbandflow
Congress sets the budget..But you already knew that, right?
Posted on 11/13/18 at 7:07 pm to cajuncarguy
quote:
Congress sets the budget..But you already knew that, right?
Dude, the President signed the omnibus spending bill. He could have vetoed and there was no guarantee that he could be overridden. If you like Trump, fine. But let's not pretend that he gives a shite about fiscal responsibility based on his actions thus far.
Posted on 11/13/18 at 7:07 pm to Ebbandflow
Yet another lie from the Liar in Chief. They drug out that old saw about how big tax cuts for the wealthy and corporations would actually improve the federal deficit problem. Now the deficit will be approaching $1 trillion a year. And notice you hear nothing but crickets from the crowd that constantly bitched and moaned about the previous administration's budget deficits. What a bunch of fricking hypocrites.
Posted on 11/13/18 at 7:09 pm to Rougarou13
quote:
Tax revenue is expected to be at 3.4 trillion for the next fiscal year. That’s climbing toward twice what it was prior to the recession. This is just piss poor propaganda reporting.
Tax revenue is not climbing. It's declining. We collected less in September 2018 than we did in September 2017.
Posted on 11/13/18 at 7:09 pm to TigersFan64
Tax revenue hit a record high
Spending is what soared
Why can’t you understand this?
Our budget deficit is increasing because of factors that have been years in the making, as the CBO has noted: aging population, interest in debt, etc
Why won’t you answer my question?
What % of the deficit increase is due to tax cuts of 2017?
Spending is what soared
Why can’t you understand this?
Our budget deficit is increasing because of factors that have been years in the making, as the CBO has noted: aging population, interest in debt, etc
Why won’t you answer my question?
What % of the deficit increase is due to tax cuts of 2017?
Posted on 11/13/18 at 7:10 pm to HailHailtoMichigan!
quote:
Tax revenue hit a record high
Yeah, before the tax cuts went into effect. Now it's declining.
Posted on 11/13/18 at 7:11 pm to Rougarou13
quote:
Tax revenue is expected to be at 3.4 trillion for the next fiscal year. That’s climbing toward twice what it was prior to the recession. This is just piss poor propaganda reporting.
It also pisses me off when they say that we "have to pay for tax cuts." bullshite!
Posted on 11/13/18 at 7:11 pm to cahoots
Ok, but that isn’t the point:
The key question is this: what % of the deficit increase is due to the tax cuts, as opposed to spending increase, interest payments on debt, and Ss/Medicare?
The key question is this: what % of the deficit increase is due to the tax cuts, as opposed to spending increase, interest payments on debt, and Ss/Medicare?
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