The US needs to borrow almost $300 billion this week

Again that's not how the budget works. The fiscal year goes from October to September. January to January is an incomplete picture of the budget.

 

Given how our debt keeps going up, no, our budgeting isn't working at all.

It's a very complete picture of the increase in debt in Trump and Obama's respective years. You're only upset because Obama reflects poorly when compared to Trump.

 

I'm not upset. You are just wrong. Try googling "federal deficit for 2016" and "federal deficit for 2017". See what turns up. Trump has done little so far beyond bloviating like an ******* and passing an unnecessary tax cut that is going to burden us for years, but that's not the point of this argument. You think the deficit was lower in 2017 than 2016, it was not. This is not an arguable point it is an observable fact. Either accept it or don't, but get over it.

 

GOP logic 201: Decrease taxes to zero and revenue will rise to infinity.

 

Any Country that has a Constitution that would facilitate election of a RAGING IMBECILE (like Trump)--who lost the NPV by 3 Million Votes--DESERVES Bad Karma.

 

Who cares? I want to know how much DEBT accumulated for the year. The vast majority of DC spending is Off-budget, Silly!

 

That's what a deficit is... You have no idea know what you are talking about.

 

The Federal debt increased LESS in Trump's first year than it did in Obama's first OR last year. Fingers crossed that Trump whips the hell out of Obama's second year, too!

 

OK I'll try one more time.

The federal deficit is a measure of "the Federal debt increase". In 2016 the Federal deficit was $587 billion. In 2017 the federal deficit was $666 billion. That is an increase of about $88 billion.

https://www.marketwatch.com/story/u...budget-deficit-2017-10-20?ns=prod/accounts-mw
https://www.cbo.gov/publication/52408

You can keep talking about January to January, but it is not accurate. They don't close the books until September 30.

If you actually try to understand what I am telling you, you might learn something.

 

Most Federal Spending is off budget.

No. You are like the cat chasing the red dot. but, since you think you are so smart... What percentage of Federal spending is OFF-budget?

Forget the budget numbers, look at the change in the Federal Debt to get the straight story on any time period you want to compare.

But all your caterwauling like a cat that got its tail stepped on just verifies what we already know: Trump whipped the crap out of not just Obama's first year, but his last year, too, and I bet he whips the crap out of his second year.

All patriotic Americans want Trump to do better than Obama or Bush did.

 

There's been a shatstorm brewing, caused by the federal government, and all spending originates in the house, at least since the end of WWII.

 

All Spending must originate in The HOUSE since the ratification of the Constitution. You are 1000% correct about that.

 

Do you mean most federal spending is over-budget? That's wrong too. Most federal spending is not over-budget. Revenues for the federal government are over 3 trillion annually. The deficit is under a trillion.

If you really mean it's off-budget, as in off the record, how do we know about it? That doesn't make any sense. The federal deficit is a measure of all federal spending relative to revenue. You are just making stuff up at this point.

 

Well, except whipping the living crap out of Obama's first year, and even his last year, and yes, Trump did make it look easy! Wait until Trump's second year is in the books, I bet he whips Obama's second year too!

You don't give two damns about the debt, all you care about is forcing hard working Americans to shovel over more of their already meager earnings to Government DC fatcats who already earn far more than American do.

Folks in DC did VERY well under the Deeply Corrupt Illegal Spying Obama Administration, but the rest of us? Not so well! And this itty bitty bit of tax relief we finally got, thanks to Trump why, that just has your anger boiling! The very first thing Democrats will do if they win is impeach Trump and take away the tax cut. They want American Workers with their neck under the Jack Boots of the DC thugs. They want Americans disarmed, in want and dependent on Electronic Benefit Cards that the DC Government workers control.

 

No. I said a great deal of federal spending is OFF-budget, which is why chasing budget numbers, which are always wrong anyway is a fool's errand. If you want to compare the change in the debt position of the Federal government over a given period of time, you go to Federal Debt numbers and compare the changes, Silly!

You keep acting like you are so smart, yet when I asked you: WHAT PERCENT OF FEDERAL SPENDING IS OFF-BUDGET you clearly don't even understand the question.

You claim you are familiar with the Google Search Function, so here is another:

What percentage of TOTAL FEDERAL SPENDING is ON-BUDGET rather than OFF-BUDGET?

 

I tried to answer your question, but apparently I don't understand you. Define "off-budget" and I'll try again.

I am not acting smart. You just don't know what you're talking about.

 

I got about $70 more each paycheck. It's not going to change my life. I would prefer to see higher taxes and better funding for programs and services I think are important.

 

Another thread with a conservative who doesn't understand the difference between the debt and a deficit.

 

The straight story on what?

Patriotic Americans are being sorely disappointed. Obama took office with a deficit running over a trillion, projected to hit $1.9T, and an economy headed down the tubes. The deficit fell by 2/3 while he was in office.

donald took office with a steadily growing economy, at time when we should be reducing deficits and getting the debt down relative to GDP, and deficits are skyrocketing.

Patriotic Americans should vote him and the Republicans right out of office at the soonest opportunity.

 

What does "on-Budget" "Off -budget" have to do with the fact that the fiscal year goes from October through September ? ... other that zero. This is a red herring.


Trump is not doing better than Obama. Obama had the deficit down to 500 Billion and Trump is going on a spending spree and increasing the deficits once again ...just as his Red predecessors.

You started out claiming that the "Total Debt Number" was the only - or main measure - of fiscal responsibility.

While this is not true - and why this is not true was explained to you - even on this basis Trump is doing worse than where he was left by Obama ...a lot worse.

 

Use the term exactly as it us used in US budgeting, Silly!

Great news! Shouldn't be a problem for you then.

 

It's strange, I feel like I'm debating a petulant child.

OK, I looked up off-budget. It refers to spending that comes out of the postal service and social security trust fund. Congress apparently does this in order to protect that spending from being diverted to other places. Based on what you said previously, I have a feeling you didn't actually know that.

Off-budget spending is still going to be factored into the federal deficit. Which was still bigger in 2017 and is projected to be over 800 Billion in 2018, which again, is much bigger.

 

The Federal Debt rose less in Trump's first year than in Obama's first year, and in Obama's last year. In Trump's second year, I bet he whips the shorts off Obama's second year too.

Obama NEVER had a year where the Federal Debt only increased by $500B.

Gross Federal Debt in Trillions as of Jan 19, each year.
2009 - 10.6 - Obama Takes the Oath of Office
2010 - 12.3
2011 - 14.1
2012 - 15.2
2013 - 16.4
2014 - 17.3
2015 - 18.1
2016 - 19.0
2017 - 20.0 - Trump Takes The Oath of Office
2018 - 20.5

Trump spanked Obama's First year and his LAST year. Trump is going to whip the living crap out of his second year too, even though the Fed is raising the debt costs on all this debt the Crooked, Deeply Corrupt, Lying Spying Obama ran up.

https://debttothepenny.com/

 

Your numbers are wacked ... Right from the get go your 2009 number is wrong as the debt as of 2009 was 11.88 Trillion - not 10.6 T https://www.usgovernmentdebt.us/federal_debt_chart.html


Deficits in billions
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
$161 $458 $1,413 $1,294 $1,295 $1,087 $679 $ 485 $438 $585 $665

https://www.usgovernmentdebt.us/us_deficit

Not sure why the above did not post properly .. looks fine in edit ... anyways you can line up the year to the number. Obama had a number of years of roughly 500 Billion deficits.

And where are you getting the 2018 number from as fiscal 2018 does not end till October ?

Find better sites.

 

My numbers are right, it's you that is whacked.

The Gross Federal Debt on Jan 19, 2009 was $10.6T

https://debttothepenny.com/

It did not hit $11.9T until October 26, 2009 during the first year of Obama's Reign of Error.

Democrats were so proud of themselves for holding back the bulk of the 2009 spending bills until Obama could sign them into law. We told you that was a huge mistake.
Democrats were so PROUD of the Trillion Dollar Stimulus and Cash for Clunkers, but you guys were so proud of them and swore that Recovery Summer would start in in 2009.

Now you are so ashamed of all these of your OWN acts, that you want to put all this in Bush's column? BAHAHAHAHAHHAHAHAHAHA! Not that Bush was any prize, he was in fact so bad, that the only President that was worse, was Obama, when it comes to the Federal Debt! Bush and Obama were the WORST back to back presidents in the history of the Nation.



Thank GOD, that Trump is a completely different sort than those two clowns!