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

Trump just released his budget which proposes budget cuts, do you support?

 

Not true. Trump demonstrably cared. Guess being a no good f***ing hypocrite is just one more thing his adoring base will give him a pass on.

 

No worries, trump has proposed a budget that cuts spending. Glad you are on board

 

No worries, cutting deficit spending will put a damper on the Trump magical economy (whoever calls 2% growth magical), funded with the credit card. Glad you are on board.

Actually, that's why Trump has no intention to go through with his spending proposal. He knows it won't go through the House, but he is using it as red meat to his base, to be able to say: See, I TRIED to cut spending, but the Dems wouldn't let me.

 

Both time Republicans cut the deficits and even had surpluses it was a plus for the economy. And will you be voting for Republicans to support the cuts or Democrats to increase spending?

 

Quote; ".....but leave Social Security and Medicare ALONE -- those are EARNED entitlements"

Medicare Part B and D are largely funded by General Revenue, whereas Part A is largely funded by payroll taxes.

SSI is welfare.

Trump's fiscal challenges; Today, we have several expenditures growing faster than the economy, and his revenue growth rates have yet surpassed 4%.....mainly due to lower effective tax rates, and excess contributions have vanished. For anyone's info, Bush's excess contributions boosted his revenue growth rates by 4%, thus, an 8% revenue growth rate would actually reduce the deficit IF we were to reduce spending growth to less than 5%.

In other words, Today, we both have a spending growth problem, and a revenue growth problem.

 

LOL! We all know that from your cherry picked data points, the GOP is the beacon of fiscal responsibility. Unfortunately, reality says otherwise. The Trump "expansion" will be no different. Debt-based moderate growth -- until the wheels come off and we have the next great recession. You, too, know that it will be coming, although you'd never admit it.

 

Oh yeah general, the tell us what is needed

 

It's ashame House does not want to cut the deficit...moving forward, the rising debt belongs to the Dems. Thanks for admitting that.
:

 

It's a shame the GOP does not care about the deficit when they cut taxes without cutting spending -- while owning all branches of government. Your poor attempt of deflection to Dems doesn't fly, but nice try. Trump has you exactly where he wants you.

 

Why are you and the Dems opposed to cutting spending? This is the time to do it, with a booming healthy economy....why do you want to grow the debt?

 

They are attempting to cut spending....they already cut the taxes....they are doing it together...why are the Dems oppose to it? Why do you all want to grow the debt?

 

Not until they cut the defense budget dollar for dollar to every domestic program cut and increase taxes by the same amount cut across the board.

Simply slightly lowering the deficit isn’t going to be enough.

 

If you cut spending by a billion then cut income by the same amount the net outcome is 0.

 

Who's cutting income? who's income? why?

 

US treasury receipts.

 

They are up....moreover don't have anything to do with cutting spending...well other then more money will be in the Tres, if it's not spent.

For example, my bank recipts continue to climb, when I spend less money every month.

 

Haha, the fiscally responsible thing to do would have been to cut spending first, then cut taxes. Wonder why this never happens? I know why, do you?

 

Because the Dems typcally ruin the economy and taxes need to be cut to get it working again....then the Dems fight any spending cuts.

It's an ugly circle...you all own the deficit and debt now

 

Republicans didn't want to cut the deficit, as proven when they cut taxes without cutting spending. So the Republicans own the increasing deficit.

Thanks for admitting that.

 

They are attempting to cut spending...pay attention. Trump’s plan would balance the budget in a few years.


The dems said DOA...you own it

 

The Rs own the fact that they cut taxes WITHOUT cutting spending. They own it.

I'm fiscally responsible. The way to cut the deficit is to cut spending first, while keeping taxes at the same level or higher. Once the deficit is under control, then you can cut taxes. But the spending cuts have to come first.

 

Trump's budget does not attempt to cut the deficit.

 

Well, first, to save us both a lot of trouble with back-and-forth posting, please inspect this information pertaining to SS and the "General Revenue" ledger, from the Social Security "Myths" site, Part 2: https://www.ssa.gov/history/InternetMyths2.html

From that site, with my emphasis added, "There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been "put into the general fund of the government."

SSI is most assuredly not (NOT) WELFARE... at least not the Social Security benefit that all American workers are forced to 'contribute' into all their working lives until they turn a minimum of age 62. Social Security system benefits for those of us who have WORKED for them are EARNED benefits... and any political party that tries to screw us out of them is going to commit political SUICIDE.

Think: there are ~70,000,000 Baby Boomers who are retired, or on the cusp of being retired. Does anyone think for a moment that Boomers (who are notorious for voting in EVERY election) would vote for any conniving, thieving son-of-a-bitch who is going to screw them...?

Think again: two Republican big-wigs who took strong positions recommending cuts or 'rearrangements' in Social Security, and, who were seriously considered to be in contention for the presidency at the time, "Crusader" Rick Santorum , and "Buttertub" Chris Christie, absolutely WRECKED themselves by taking that tack.

All their whining about, "the children and the grandchildren" doesn't mean sh!t to a generation of Americans who got beaten half to death by the "Great Recession" starting thirteen years ago....

 

Yes we cut taxes, gave har working Americans back more of the income, got the economy booming...no dem supported it. Now no dem support cutting the deficit...