US adds $1 trillion in debt in six months

DerekJohnson

https://www.marketwatch.com/story/it-didnt-take-long-for-the-us-to-rack-up-another-trillion-dollars-of-debt-2018-03-20

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2001400ex

Trump has done it again!!!

TierbsHsotBoobs

Tax cuts pay for themselves.

Everybody says so.

Swaye

This is not good.

Mosster47

Tax cuts pay for themselves.

Everybody says so.

It's totally trues. If you give your boss the money that was supposed to go towards your credit card payment you will get farther ahead.

It's cute people don't realize their heros fuck them over worse than their pastor.

2001400ex

Tax cuts pay for themselves.

Everybody says so.
It's totally trues. If you give your boss the money that was supposed to go towards your credit card payment you will get farther ahead.

It's cute people don't realize their heros fuck them over worse than their pastor.

What happens when you cut taxes then increase spending?

The deal would would increase domestic spending by $63 billion over last year's levels, or about 12 percent, and it would boost military spending by $80 billion, about 15 percent.

https://www.usatoday.com/story/news/politics/2018/03/22/conservatives-blast-1-3-trillion-spending-bill-but-can-they-stop/448093002/

greenblood

if you have tax cuts you need to cut spending. Somebody needs to remind him.

2001400ex

if you have tax cuts you need to cut spending. Somebody needs to remind him.

Wait what? The tax cuts were sold that they would increase revenue.

Fenderbender123

Cut military spending by 20%
Cut everything else by 50%

HoustonHusky

From HondoFS's link...yeah, let's blame that Trump guy.

if you have tax cuts you need to cut spending. Somebody needs to remind him.
Wait what? The tax cuts were sold that they would increase revenue.

HondoFS doesn't see the stupidity in this comment.

insinceredawg

Now is the perfect time to spend $30M on a military dick swinging parade

PurpleThrobber

Since when do companies file their corporate tax returns in March for the next year?!?

LIFPO

Swaye

Now is the perfect time to spend $30M on a military dick swinging parade

I rarely agree with you, but I do here. That parade idea is dumb as fuck. Believe me when I say people in the military would much rather see that money go to the VA to you know, actually care for veterans.

Sledog

Damn Obama beat Trump again. Obama did it in seconds by signing the "Porkulous package".

That Obama was sneaky fast.

2001400ex

Since when do companies file their corporate tax returns in March for the next year?!?

LIFPO

Well businesses adjusted their deferred tax liabilities based on the new tax rates, which affected the 2017 earnings. Some were positive, some were negative.

2001400ex

From HondoFS's link...yeah, let's blame that Trump guy.

if you have tax cuts you need to cut spending. Somebody needs to remind him.
Wait what? The tax cuts were sold that they would increase revenue.
HondoFS doesn't see the stupidity in this comment.

Please to be explaining why my comment is stupid.

Sledog

That line sure is more vertical during the Obunghole years.

2001400ex

That line sure is more vertical during the Obunghole years.

Did you see where the more vertical part started?

YellowSnow

Deficits don't matter until they do. We've never reached that point in our modern but to act like it can't happen is beyond FS. We only get to borrow on the cheap because the rest of the world still believes in the full faith and credit of the US Government. If that changes we fuct biggy.

We have a fundamental problem in this country in that we want way more in benefits than we are willing to pay for them. And it's not just the fault of 'po people sucking off the guvmint tittays.

greenblood

if you have tax cuts you need to cut spending. Somebody needs to remind him.
Wait what? The tax cuts were sold that they would increase revenue.

I didn't believe that. Now, we would get additional funds from money stuck overseas, like Apple's $250 billion. That alone would pay for his wall, but the infrastructure bill which democrats also wanted is going to kill the budget. I was hoping Trump would cut back some of the federal entitlements to offset the infrastructure bill. He hasn't, and that will bite him and us in the ass if something isn't done about that.

RaceBannon

GOP fiscal voters are every bit as trapped as the democrat's special interests that they fuck over

Everyone is fucked

Film at 11

So if you want less spending you vote democrat this fall?

Fucked I say