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Thread: U.S. budget deficit widens; spending up on health, military

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    U.S. budget deficit widens; spending up on health, military

    U.S. budget deficit widens; spending up on health, military - Reuters

    WASHINGTON (Reuters) - The U.S. government’s deficit widened to $120 billion in July, fueled by increases in spending on health care and the military, according to data released on Monday by the Treasury Department.

    The Treasury Department said federal spending in July was $371 billion, up 23% from the same month in 2018, while receipts were $251 billion, up 12% compared with July 2018.

    The fiscal-year-to-date deficit was $867 billion, compared with $684 billion in the comparable year-earlier period.
    How does one state they are against new spending, unless paid for with another balancing cut, then vote for massive revenue drops under the tax cuts and then have the gall to state they are against deficits.


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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by JANFU View Post
    U.S. budget deficit widens; spending up on health, military - Reuters


    How does one state they are against new spending, unless paid for with another balancing cut, then vote for massive revenue drops under the tax cuts and then have the gall to state they are against deficits.


    I would not utilize these people for investment decisions.
    One word: government.
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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by JANFU View Post
    U.S. budget deficit widens; spending up on health, military - Reuters


    How does one state they are against new spending, unless paid for with another balancing cut, then vote for massive revenue drops under the tax cuts and then have the gall to state they are against deficits.
    It's really quite simple, you'll soon see.
    No need for you to be all at sea.
    I'll just share this sooth t'wixt you and me.
    'Political expediency'

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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by JANFU View Post
    U.S. budget deficit widens; spending up on health, military - Reuters


    How does one state they are against new spending, unless paid for with another balancing cut, then vote for massive revenue drops under the tax cuts and then have the gall to state they are against deficits.


    I would not utilize these people for investment decisions.
    Why is spending on the military up when Trump and his drooling fans tell us he has wiped out ISIS and all other threats and we are living in the most peaceful era in the history of this country?

    And what happened to his promise of reducing the deficit?
    It's disgraceful. I'm going to maybe and I'm looking at it very seriously. We're doing some other things that you probably noticed like some of the very important things that we're doing now. But we're looking at it very seriously because you can't do that. - President Donald J. Trump

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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by tres borrachos View Post
    Why is spending on the military up when Trump and his drooling fans tell us he has wiped out ISIS and all other threats and we are living in the most peaceful era in the history of this country?

    And what happened to his promise of reducing the deficit?
    Once Trump has made America great again the deficit will be gone. That is why he needs three more terms in office. It will take that long to make America great again
    Ignorance is Bliss, You seem very happy today

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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by Lord Tammerlain View Post
    Once Trump has made America great again the deficit will be gone. That is why he needs three more terms in office. It will take that long to make America great again
    Only three more terms? Hell, make him President for life.
    It's disgraceful. I'm going to maybe and I'm looking at it very seriously. We're doing some other things that you probably noticed like some of the very important things that we're doing now. But we're looking at it very seriously because you can't do that. - President Donald J. Trump

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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by Lord Tammerlain View Post
    Once Trump has made America great again the deficit will be gone. That is why he needs three more terms in office. It will take that long to make America great again
    Sure wish you radicals would understand the line items in the budget as well as the revenue streams from the taxes paid. Apparently that isn't going to happen

    The 2020 budget is 4.7 trillion dollars made up of 1.4 trillion in discretionary spending, 2.8 trillion in mandatory spending and the rest debt service on the inherited debt. FIT and CIT revenue will be approaching 2 trillion dollars and that revenue funds the discretionary spending and debt service. Isn't it time radicals stopped showing their class envy and jealousy and recognize that it is entitlement spending that is causing the problem and NOT TAX CUTS?

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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by tres borrachos View Post
    Only three more terms? Hell, make him President for life.
    Given the age of Grumpy Man Trump, I am sure that it would be.
    Ignorance is Bliss, You seem very happy today

    Trump the Twitter Troll, he has the hair for it

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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by apdst View Post
    One word: government.

    Trump was going to fix it, It was going to be gone by now, instead it's a quarter bigger than it was last year! He's never been good with money.
    Never eat anything that's served in a bucket.

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    Re: U.S. budget deficit widens; spending up on health, military

    Quote Originally Posted by tres borrachos View Post
    Only three more terms? Hell, make him President for life.
    I find it interesting that every anti Trump thread finds you and the same group of radicals. Apparently this is a nice diversion from the personal problems each of you has in your own life as Trump isn't the problem you people are!

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