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Current US Federal Budget Deficit

99percenter said:
Not sure how someone can so easily lie like you. Do you not get that almost all the money spent in 09 was approved by bush?
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What is it about you that creates this kind of ignorance. Doesn't matter what Bush Approved for if Congress doesn't approve it, it can never be spent and Congress did NOT Approve the Bush budget
 
Conservative said:
What is it about you that creates this kind of ignorance. Doesn't matter what Bush Approved for if Congress doesn't approve it, it can never be spent and Congress did NOT Approve the Bush budget
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This has been proven time and time again. Not sure why you have to keep lying instead of just admitting you are wrong. Bush owns the 09 budget.
 
99percenter said:
that was february. It was approved in june. Are you now going to accept that you are wrong or will you continue to lie as usual. Lying comes naturally to you.
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You are wrong and haven't posted a link supporting your claim

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99percenter said:
I have many times. The 2009 deficit is bush's
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Isn't this country awesome, you can say whatever you want, make a fool of yourself as often as you want, never offer sources of what you claim and always retain the ability to make a fool of yourself. No proof of your statement that there was an Congressional approved Bush budget or that a budget even matters when creating the deficit since budgets aren't spending appropriation bills. Do you have a household budget?? Do you spend every dime in the line items in that budget? what is the difference between your household budget and the U.S. budget, both are pieces of paper and guidelines without any spending bills attached.
 
Conservative said:
Suggest you and Tbird get some help reading and comprehending the attached. Seems a lot of confusion about TARP and the budget approval process


These are the true deficits: Bush $800B, Obama $1.4T | TheHill
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This was written two weeks before Obama became president. How can you possibly lay the 2009 deficit at Obama's feet?:

CBO projects record $1.2 trillion deficit - Jan. 7, 2009 - Business - CNN

Conservative said:
Isn't this country awesome, you can say whatever you want, make a fool of yourself as often as you want, never offer sources of what you claim and always retain the ability to make a fool of yourself. No proof of your statement that there was an Congressional approved Bush budget or that a budget even matters when creating the deficit since budgets aren't spending appropriation bills. Do you have a household budget?? Do you spend every dime in the line items in that budget? what is the difference between your household budget and the U.S. budget, both are pieces of paper and guidelines without any spending bills attached.
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Yes, the above proves you are making a fool of yourself.
 
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MTAtech said:
This was written two weeks before Obama became president. How can you possibly lay the 2009 deficit at Obama's feet?:

CBO projects record $1.2 trillion deficit - Jan. 7, 2009 - Business - CNN


Yes, the above proves you are making a fool of yourself.
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So how much of that deficit included TARP?????? Do you have any understanding of what an accrual is? Was TARP repaid mostly in 2009, where does that repayment show up on the Bush ledger?

And then there is the Obama stimulus which was supposed to hold unemployment at 8% and create shovel ready jobs thus taxpayers, why didn't that happen? Why did employment drop 4 million by the end of 2009 with a stimulus passed January 2009
 
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Conservative said:
So how much of that deficit included TARP?????? Do you have any understanding of what an accrual is? Was TARP repaid mostly in 2009, where does that repayment show up on the Bush ledger?

And then there is the Obama stimulus which was supposed to hold unemployment at 8% and create shovel ready jobs thus taxpayers, why didn't that happen? Why did employment drop 4 million by the end of 2009 with a stimulus passed January 2009
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You're obfuscating and lying once again. You were trying to blame Obama for the 2009 deficit which the CBO forecasted as $1.2 billion two weeks before Obama became president.

On "promising" to hold unemployment at 8% Politifact rates your claim as mostly false.
 
MTAtech said:
You're obfuscating and lying once again. You were trying to blame Obama for the 2009 deficit which the CBO forecasted as $1.2 billion two weeks before Obama became president.

On "promising" to hold unemployment at 8% Politifact rates your claim as mostly false.
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No, it is you ignoring the projections as usual because you are a radical socialist who doesn't understand what the projections entailed. Again when was the 2009 budget approved by Congress and was TARP included as part of the deficit projection by CBO? How about a little honesty for a change instead of your biased, partisan BS?
 
MTAtech said:
You're obfuscating and lying once again. You were trying to blame Obama for the 2009 deficit which the CBO forecasted as $1.2 billion two weeks before Obama became president.

On "promising" to hold unemployment at 8% Politifact rates your claim as mostly false.
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Tell that to Christina Romer!! And by the way what a is a shovel ready job?
 
Conservative said:
Tell that to Christina Romer!! And by the way what a is a shovel ready job?
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Pathetic. You should have read the link Romer's comments are mentioned.

Obama didn’t say that. Rather, his Council of Economic Advisers predicted that the stimulus would hold it to that level. Their report included heavy disclaimers that the projections had "significant margins of error" and a high degree of uncertainty due to a recession that is "unusual both in its fundamental causes and its severity."
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MTAtech said:
Pathetic. You should have read the link Romer's comments are mentioned.
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Except for the reality of what Obama actually inherited, a DEMOCRATIC CONGRESS, NO BUDGET, TARP and the best he could do with his stimulus was lose 4 million jobs in 2009(142 million to 138 million) and recover 1 million in 2010(139 million) which speaks volumes about the stimulus, Obama's leadership and lack of understanding of the private sector. What is pathetic is the very poor civics understanding you and the radical left have as you always place blame never accepting responsibilities. Worst recovery in U.S. History, live with it

Are you going to address the PROJECTIONS from CBO, did they include TARP?
 
Conservative said:
That is an absolute lie, Here are the line items in the budget, where in the hell do you think got those line items? Why are you having such a problem understanding the taxes you pay and their purpose? Do have any idea as to the difference between Federal and state taxes? I even gave you the answer to the tax question listing the taxes that fund the individual line items but you like the Unified budget so you can have your SS and Medicare "borrowed" and never paid back

National defense-FIT
International affairs-FIT
General science, space, and technology-FIT
Energy-FIT
Natural resources and environment-FIT
Agriculture-FIT
Commerce and housing credit-FIT
Transportation-EXCISE
Community and regional development-FIT
Education, training, employment and social services-FIT
Health-FIT
Medicare-FICA
Income security-FIT
Social security-FICA
Veterans benefits and services-FIT
Administration of justice-FIT
General Government-FIT
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I asked you to find from the Treasury (or something) where they took only the budget line items you selected and called those the only reason for the deficit as you have claimed.

We’ll wait...
 
OrphanSlug said:
I asked you to find from the Treasury (or something) where they took only the budget line items you selected and called those the only reason for the deficit as you have claimed.

We’ll wait...
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Treasury.org will provide you that information, stop acting like a child and asking others to do the work for you. You obviously have no idea what taxes you pay or their purpose, I gave it to you, what items listed are wrong?
 
Conservative said:
Treasury.org will provide you that information, stop acting like a child and asking others to do the work for you. You obviously have no idea what taxes you pay or their purpose, I gave it to you, what items listed are wrong?
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You made the claim, now show us where the Treasury broke up the unified budget to claim only the items you think are deficit while all others budget items are covered by revenues.

We are still waiting...
 
OrphanSlug said:
You made the claim, now show us where the Treasury broke up the unified budget to claim only the items you think are deficit while all others budget items are covered by revenues.

We are still waiting...
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I am done doing the work for you, I stand by the line items and the taxes that fund them. you don't like the information, then prove it wrong? What do you think FIT funds?
 
Conservative said:
Isn't this country awesome, you can say whatever you want, make a fool of yourself as often as you want, never offer sources of what you claim and always retain the ability to make a fool of yourself. No proof of your statement that there was an Congressional approved Bush budget or that a budget even matters when creating the deficit since budgets aren't spending appropriation bills. Do you have a household budget?? Do you spend every dime in the line items in that budget? what is the difference between your household budget and the U.S. budget, both are pieces of paper and guidelines without any spending bills attached.
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The 2009 budget belongs to bush. Every single penny.
 
Conservative said:
That is a lie no matter how many times you say it. Bush SUBMITTED a Budget that was rejected. Obama signed the 2009 budget in March 2009
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Not exactly.

The Bush budget did go through, it was approves by the House but was parceled out among three funding resolutions. Obama's bill DID increase the deficit...but by 200 billion on top of the 1.2 trillion spending that happened largely BEFORE Obama's spending.

You CAN blame Obama for increasing the debt by 200 billion or so...but the 1.2 trillion came from parceling out most of the Bush budget over three resolutions and poor tax returns due to tax cuts made by the GOP and supported by the Bush administration.
 
Jason Warfield said:
Not exactly.

The Bush budget did go through, it was approves by the House but was parceled out among three funding resolutions. Obama's bill DID increase the deficit...but by 200 billion on top of the 1.2 trillion spending that happened largely BEFORE Obama's spending.

You CAN blame Obama for increasing the debt by 200 billion or so...but the 1.2 trillion came from parceling out most of the Bush budget over three resolutions and poor tax returns due to tax cuts made by the GOP and supported by the Bush administration.
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Wow, another liberal out of touch with reality. how much of that deficit was TARP and since you want to blame Bush for the spending where is the revenue that offset it? You all have been indoctrinated so well by the left and keep buying what you are being told. What is it about liberalism that creates this kind of loyalty? When TARP was repaid what did Obama do with it
 
Jason Warfield said:
Not exactly.

The Bush budget did go through, it was approves by the House but was parceled out among three funding resolutions. Obama's bill DID increase the deficit...but by 200 billion on top of the 1.2 trillion spending that happened largely BEFORE Obama's spending.

You CAN blame Obama for increasing the debt by 200 billion or so...but the 1.2 trillion came from parceling out most of the Bush budget over three resolutions and poor tax returns due to tax cuts made by the GOP and supported by the Bush administration.
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exactly. This was explained to him many times, but you can't really convince pathological liars.
 
Conservative said:
Wow, another liberal out of touch with reality. how much of that deficit was TARP and since you want to blame Bush for the spending where is the revenue that offset it? You all have been indoctrinated so well by the left and keep buying what you are being told. What is it about liberalism that creates this kind of loyalty? When TARP was repaid what did Obama do with it
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it is true that texas schools are bad. Must be the no income tax.
 
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