U.S. Budget Deficit Widens 11.8% in First Quarter of Fiscal Year

1. Trump has only had 3 years, and the DP House and Deep State has focused all its energy trying to nullify the 2016 election and rig the 2020 election.
2. Ordinary conservatives and liberals have had nothing but contempt for RP/DP politicians. Hence Trump - and Sanders.

“After a while, the distinctions between the clans all run together– the journalists, the Democrats, the Republicans, the superlawyers, the superlobbyists, the superstaffers, the supercommittees, the David Gergen's, the Donna Brazile's … they run together like the black tie dinner, or the caricature drawings of notable Washingtonians on the wall at the Palm on Nineteenth Street.” Mark Leibovich, This Town, Penguin Books, 2013, p. 14.

 

Second time

First thing readiness I'm not going to repeat myself. What do you think we can cut and explain why you think we can.

 

I trust the military leaders to be able to identify where they can make appropriate cuts and yet maintain an appropriate level of preparedness

 

Again. The House can draft and pass a deficit reducing budget whenever it feels like it and make those awful Republicans reject it. Why don't the Democrats who rule the House do that?
It's such a mystery - right?

 

Kasich ain't running.

Buttigieg has his own spending increases and I have heard nothing from him about balancing the budget or the deficit



Bloomberg, does he even have a chance? Bloomberg the Republican or the Democrat? Nothing on his website about cutting spending.

 

"The only time we had a surplus was when we had a Democrat President...."

Because we had a Republican Congress and he had a political advise who told him either sign their budgets or you will lose reelection, those weren't Clinton budget he had opposed it. So your statement is entirely specious, it means nothing. The only time we ever came close again was with a Republican Congress and a Republican President.

And Obama found a way to cut the deficit, lose the House to the Republicans and sign their sequester and austerity bills.

 

I have refuted your false statement over and over, not only did the Democrats cut him out they BRAGGED about doing so. Duh.

"In FY2009, Congress did not complete work by September 30, 2008. President Bush did sign some appropriations bills and a continuing resolution to keep the government running into President Obama’s first term, yet a Democrat controlled Congress purposely held off on the big spending portions of the appropriations bills until Obama took office. They did so for the purposes of jacking up spending. President Obama signed the final FY2009 spending bills on March 11, 2009.

The Democrats purposely held off on the appropriations process because they hoped they could come into 2009 with a new Democrat-friendly Congress and a President who would sign bloated spending bills. Remember, President Obama was in the Senate when these bills were crafted and he was part of this process to craft bloated spending bills. CQ reported that “in delaying the nine remaining bills until 2009, Democrats gambled that they would come out of the November 2008 elections with bigger majorities in both chambers and a Democrat in the White House who would support more funding for domestic programs.” And they did.
The Truth about President Obama's Skyrocketing Spending

"Unlike last year, when Bush forced Democrats to accept lower spending figures, this year could prove more difficult for the president. The fiscal year begins Oct. 1, less than four months before he leaves office.
"He doesn't have us over a barrel this year, because either a President Clinton or a President Obama will have to deal with us next year," said Senate Majority Leader Harry Reid, D-Nev. "We are not going to be held hostage to the unreasonableness of this president."

Much of the president's plan has little chance of passage, lawmakers and budget experts say. Nearly $200 billion in Medicare and Medicaid savings need congressional approval, which Democrats are unlikely to provide. "Dead on arrival," vowed Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee.
http://usatoday30.usatoday.com/news/washington/2008-02-03-bush-budget_N.htm

 

Same reason republicans didn’t when they had total control of Congress and the White House. Neither party cares about the deficit or debt. I’m just pointing out the hilarious hypocrisy of your party, and it’s supporters.

 

False, there has been little inflation.

The inflation rate in 2019 was 1.76%. The 2019 inflation rate is higher compared to the average inflation rate of 0.51% per year between 2019 and 2020.
https://www.in2013dollars.com/inflation-rate-in-2019

Wages are rising at 3.1%.

 

Funny how the same people who would attack Trump if he shut down the government over the Omnisbus Spending Bill want to lower spending and then attack him for not vetoing it and he alone owns any deficit.

 

The difference between the tax revenue in fiscal year 2017 and 2018 was smaller than the inflation. In 2017, it was 3.32 trillion. In 2018, it was 3.33 trillion.

The difference there is smaller than 1.76%.

And while the 2019 tax revenue did go by 3.9%, the amount of tariffs collected (~100% of which are paid for by Americans) was up by ~75% over 2018 and made up 1.9% of the total tax revenue.

 

Well I think you should look at 2018 - 2019 when the tax rate cuts were fully in effect and had a chance to effect revenues.

2019 3.46 trillion, 3.33 + 1.76 = 3.39 trillion

 

And I quoted the Secretary of the Navy.

What do you think we can cut and explain why you think we can.

 

Yes, yes.
Deep state
Conspiracy
Obama
Hillary

Get new talking points. trump has in no way made meaningful suggestions on how to get the budget under control besides cutting social programs, eliminating or reducing taxes on the super wealthy (more failed horse and sparrow economics) and increasing military expenditures.

 

You explained nothing !!!

 

I addressed 2019 as well.

And while the 2019 tax revenue did go by 3.9%, the amount of tariffs collected (~100% of which are paid for by Americans) was up by ~75% over 2018 and made up 1.9% of the total tax revenue.

 

Go play move the goal post with someone else.

 

I responded and your refuse to address or answer my question to you, go be obtuse with someone else.

 

Why?

Do you deny the influence of tariffs?

 

No you have not ... It was you that got bitch slapped at every turn.

First you tried to claim the 1.4 Trillion deficit in 2009 was Obama's fault - Laughable nonsense as Obama was not even in the White House when the vast majority of the money was allocated.

Then you tried to claim "it was all the Dem Congress" -

1) when in fact the money allocated for 2009 was exactly the same figure that the Bush Budget had proposed.
2) Bush had veto power
3) but most importantly - only 400 Billion of the 1.4 Trillion dollar deficit was can be attributed to the 2009 Budget The other 1 Trillion came from the revenue dropping from 2.7 Trillion down to 2.1 Trillion on account of the Bush Crash (600 Billion) - 250 Billion for TARP - passed under Bush - and the other 150 Billion was stimulus spending under Obama ( with bipartisan support) due to the Bush crash.

another one bites the dust !

 

A large percentage of the increase was due to Trumps love of military spending - Sure he had to get Red Congress to go along - prior to Blue taking the House. Now that Blue has the house he had to give in on an increase to social spending to fulfill his military dreams.

 

Then you know why the harping on the deficit does not help the Democrats - or the Republicans.
But it probably does help Trump. Trump is not a career politician.

 

It's just more late election cycle BS that can't put a dent in Trump.
When will they ever learn?

 

No need for talking points.

"2. Putting an End to Improper Payments. Each year, the twenty largest federal agencies admit to mistakenly paying out approximately $140 billion. For example, we found that nearly $1 billion was improperly paid to dead people. The Internal Revenue Service (IRS) improperly paid $18.4 billion through the earned income tax program last year.

Since 2005, we found the federal government has improperly paid $1.2 trillion from the U.S. Treasury. ... President’s Budget FY2021 | Chapter: Stopping Wasteful And Unnecessary Spending, page 16
Other improper payments last year included:

Social Security recipients were overpaid by $10 billion. Six million active Social Security numbers belong to people aged 112 and older. However, there are only 40 people in the entire world aged 112 and over.
Medicare & Medicaid improperly paid $85 billion in benefits with over-payments amounting to $67 billion. Administered by HHS, Medicaid admits to overpaying recipients $36 billion. Medicare admits to $31 billion in over-payments."
FORBES, EDITORS' PICK, Exclusive: Trump’s New War On Wasteful Spending — An Advance Draft Of The President’s Budget To Congress, By Adam Andrzejewski, Senior Contributor, Feb 6, 2020.
https://www.forbes.com/sites/adaman...dents-budget-to-congress-fy2021/#5d8cb35c4074

The Deep State, Obama, Hillary - theory?

 

The 2021 budget — the budget after he potentially loses his office?
You are kidding, right?

I agree with everything here, why wasn’t it included in the 2019 budget? You know, when “conservatives” held all of government...
Maybe Hillary? Obama? Maybe it was Putin?