US deficit hits 7 year high
Comments
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When was Trump ever anything remotely resembling a fiscal conservative? He ran on cutting taxes and spending on infrastructure.
Wake me up when the demand for US debt and currency doesn't far exceed the supply. -
If I understand the Hondobros correctly we have a deficit problem so we need to raise taxes and spend an additional 50 trillion. Seems like a winning formula.
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Yeah? What would you cut though?UW_Doog_Bot said:If I understand the Hondobros correctly we have a deficit problem so we need to raise taxes and spend an additional 50 trillion. Seems like a winning formula.
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Trump was a fiscal conservative until January 17. And Trump sold that the tax cuts would increase revenue enough to pay for the infrastructure.UW_Doog_Bot said:When was Trump ever anything remotely resembling a fiscal conservative? He ran on cutting taxes and spending on infrastructure.
Wake me up when the demand for US debt and currency doesn't far exceed the supply. -
You again forget how Medicare for all would work. As always.UW_Doog_Bot said:If I understand the Hondobros correctly we have a deficit problem so we need to raise taxes and spend an additional 50 trillion. Seems like a winning formula.
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Revenue is up2001400ex said:
Trump was a fiscal conservative until January 17. And Trump sold that the tax cuts would increase revenue enough to pay for the infrastructure.UW_Doog_Bot said:When was Trump ever anything remotely resembling a fiscal conservative? He ran on cutting taxes and spending on infrastructure.
Wake me up when the demand for US debt and currency doesn't far exceed the supply. -
Still waiting for you to tell us how to save the 50 trillion it costs2001400ex said:
You again forget how Medicare for all would work. As always.UW_Doog_Bot said:If I understand the Hondobros correctly we have a deficit problem so we need to raise taxes and spend an additional 50 trillion. Seems like a winning formula.
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How long have you been a pedophile, @GDS?GDS said:
yet the ratio of beneficiaries to covered workers continues to decline.2001400ex said:
Yeah and that's been done before.GDS said:
Raise the “retirement” age2001400ex said:
It's funny, everyone likes to bitch about cutting spending. But no one really wants to do it. Even food stamps, many people on food stamps are Republican. Only thing I can think on SS is cutting benefits from people who have a lot of income.GDS said:
When SS was started avg life expectancy was 58 and you didn’t start receiving benefits until 65. Now avg life expectancy is 79 and you can start receiving benefits at 62...2001400ex said:
Agreed on military. Let's do it. How do you plan to cut social security when that's a large voter block?MikeDamone said:
Military, social security....2001400ex said:
Cool. You saved what? $50 million? $100 million? Of the federal budget. Next idea to actually cut spending?salemcoog said:
The first step is to neuter the public unionsHHusky said:
Maybe you gals can explain how one spends less while asking government to do more.Bendintheriver said:
LOL! Oh and I am so sure you democrats would have spent less and paid down the debt right? LOL!HHusky said:
I was opposing tax cuts and happy to see modest tax increases enacted. Thanks for asking.pawz said:
Nice crocodile tears as always.GDS said:https://www.washingtonpost.com/business/2019/10/25/us-deficit-hit-billion-marking-nearly-percent-increase-during-trump-era/
The U.S. deficit hit $984 billion in 2019, soaring during Trump era Spending increases, tax cuts, and political apathy fueled surge, and interest payments now near $400 billion
The country’s worsening fiscal picture runs in sharp contrast to President Trump’s campaign promise to eliminate the federal debt within eight years.
Promises made, promises kept. Oh wait...
Where were you on this issue prior to Jan '17? That's what I thought.
Amiright?
Something needs to change... -
It's called taxes that offset what people currently pay in premiums and out of pocket. Are you seriously that dumb?RaceBannon said:
Still waiting for you to tell us how to save the 50 trillion it costs2001400ex said:
You again forget how Medicare for all would work. As always.UW_Doog_Bot said:If I understand the Hondobros correctly we have a deficit problem so we need to raise taxes and spend an additional 50 trillion. Seems like a winning formula.
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Clearly enough to pay for the infrastructure that hasn't happened.RaceBannon said:
Revenue is up2001400ex said:
Trump was a fiscal conservative until January 17. And Trump sold that the tax cuts would increase revenue enough to pay for the infrastructure.UW_Doog_Bot said:When was Trump ever anything remotely resembling a fiscal conservative? He ran on cutting taxes and spending on infrastructure.
Wake me up when the demand for US debt and currency doesn't far exceed the supply.
