"Budget deficit to break $1 trillion despite strong economy"

Discussion in 'Current Events' started by archives, Jan 28, 2020.

  1. Mr.Incognito

    Mr.Incognito Well-Known Member

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    Fine! Trump is no fiscal conservative. So who will you vote for?
     
  2. Robert E Allen

    Robert E Allen Banned

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    Politicans want to get reelected and you don't do that by telling peoples they cant have everything they want.
     
  3. rahl

    rahl Banned

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    I already posted the deficits by year going back to 2008. Trump doubled the deficit. sorry.



    we had that under Obama, but you righties where wailing that the sky was falling. now trump is there, the economy is on the exact same trend line which started in 2010, and suddenly you claim the economy is booming and trump is a savior. Its hilarious.
     
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  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    The most fiscal conservative certainly not the least.................how about you?
     
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    They certainly spend less than the Democrats and are the only ones who restrained spending so that we actually had surpluses on the late 1990's and a paltry $161B deficit FY2007. Which Democrats running for President are running on spending restraint and not huge new unpaid for spending programs?
     
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  6. Bluesguy

    Bluesguy Well-Known Member Donor

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    I can see you still don't know nor the history. You claimed Bush could have and should have vetoed the Democrats FY2009 budget, been waiting years for you to explain how but then all you will do is deflect and claim you have already rebutted anything posted and refuse to answer so any attempt to have a discussion with you is pointless.
     
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  7. rahl

    rahl Banned

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    I have no idea what you think bush has to do with you not knowing how a budget becomes law? This is your quote which I was pointing out your lack of knowledge................
     
    Last edited: Jan 29, 2020
  8. Bluesguy

    Bluesguy Well-Known Member Donor

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    FY2009 was NOT a Bush budget, it was a Democrat budget signed into law by President OBAMA. Even FY2008 was a Democrat Congress which had to negotiated with Bush and they did not get all the spending increases THEY wanted. FY2009 they cut him out completely.

    Once again repeat after me CONGRESS controls the budget and is the primary driver.
     
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  9. bx4

    bx4 Well-Known Member

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    You guys only look at one side of the coin. Spending. There are two sides - spending and revenues.

    You can’t reduce the deficit if you slash revenue without addressing spending. The only responsible way to address the deficit is FIRST to address spending. Then, after some years, reduce taxation.

    What Trump and the Rs have done is irresponsible. Reckless, even.
     
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  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    As I said you have no idea how it works and refuse to answer questions..................pointless.
     
  11. rahl

    rahl Banned

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    deficit spending and debt are less under democrats than under republicans.
     
  12. rahl

    rahl Banned

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    I don't understand how you can intentionally not understand basic 6th grade civics. No budget can become law until signed by the president, unless there is a veto proof majority. No budget in recent memory has had a veto proof majority, which means the president, is SOLELY responsible for a budget that is passed or vetoed.
     
  13. ronv

    ronv Well-Known Member

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    You quoted the wrong person.
    Read. Then type.
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    We haven't slashed revenues. It's not a revenue problem it's a spending problem, it is spending that is out of control. Our largest revenue increases have come with tax CUTS and then economic growth. After the Gingrich/Kaisch tax cuts a 10% increase and spending restraint and budget surpluses. After the Bush43 tax cuts a 15% increase and spending restraint and a paltry $161B deficit in 2007. Then the Democrats took back the Congress with a 10% spending increase and then a 20% spending increase and the deficit shot to $1,400B in 2009 and stayed over $1,000B for the next three. It was the Republicans taking back the House and then the sequester and austeity cuts that brought the deficit back down to $500B. We aren't going to tax our way out of the deficits and debt we have to grow ourselves out of it and you don't do that by slapping huge tax rate increases on business or citizens.
     
  15. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Would you rather see this kind of debt in the stagnant economy we had from 2009 -2016?

    BTW, Trump hasn't even been in office for 4 years yet. Dems were asking why the wall hadn't been built when Trump was a month in office and getting blocked at every good policy.
     
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  16. Mr.Incognito

    Mr.Incognito Well-Known Member

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    Not really liking my choices again the election cycle.
     
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  17. Bluesguy

    Bluesguy Well-Known Member Donor

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    Explain how Bush could have veto'd the Democrats FY2009 budget? You've been asked for years and refuse to answer.

    Yes I know your stuck with 6th grade knowledge of knowledge civics, mine is at a much higher level and actually understand the budget process and how negotiations works along with the history of which you demonstrate a total oblivion.
     
  18. Bluesguy

    Bluesguy Well-Known Member Donor

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    If you quote someone put them in quotes.
     
  19. Bluesguy

    Bluesguy Well-Known Member Donor

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    Both Houses concurrently pass their own budgets, then they meet to reconcile them. They have equal power to propose new spending. The Constitution only grants the House the authority to first pass a revenue generating bill, a tax.
     
  20. Bluesguy

    Bluesguy Well-Known Member Donor

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    And you said

    That was NOT a Bush budget. There is a misconception that Presidents control the budget and have the most budget authority. That is not true, they are in a negotiation position but their budget submissions, actually budget suggestions, are routinely ignored by Congress. For instance Obama likes to brag how HE cut the deficit in half. HE didn't do it a Republican HOUSE forced him to do it with THEIR sequester and austerity for which Obama and the Democrats attacked them over.

    And 2008 and 2009 being Bush budgets?

    "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
     
  21. rahl

    rahl Banned

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    bush has no relevance to your incorrect statement that congress, controls entirely, the budget.

    Everyone reading this and who has engaged you in this same topic across dozens and dozens of threads has shown you that your position is abject nonsense, and contrary to how government operates. A bill can not become law unless the president signs it, absent a veto proof majority. No budget in recent memory has had a veto proof majority. Whether a budget becomes law, or not is at the sole discretion of the president.
     
  22. Bluesguy

    Bluesguy Well-Known Member Donor

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    Ddyad, Texas Republican and Libby like this.
  23. Bluesguy

    Bluesguy Well-Known Member Donor

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    White flag noted.

    As I said before

    It is pointless to try and have a discussion with you as you will merely claim you have already refuted anything posted, as you demonstrated above, and refuse to answer direct questions to you. Your history of obfuscation well documented.

    And of course your claims of white flags, no white flag offered.
     
    Last edited: Jan 29, 2020
  24. rahl

    rahl Banned

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    you seem confused. directly refuting your argument is not a white flag.

    Now this is an example of a white flag. You made a claim which was completely refuted with basic civics. It is a demonstrable fact that a budget bill becoming law is the SOLE power of the president unless passed with a veto proof majority. This is fact and reality. Your claim stands refuted.
     
  25. Bluesguy

    Bluesguy Well-Known Member Donor

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    Yes that is just one avenue and a greatly needed one, the explosion of federal government employment is killing us along with the huge increases in pay and benefits compared to private sector workers who will be paying for it.
     
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