Current US Federal Budget Deficit

[Media_Truth]

The TV networks are having a very difficult time so why don't you present this fiction to them to see if there is any interest. Bush is out of office, get over it. Obama is out of office, get over it, Clinton added 1.4 trillion to the debt thus no surplus so get over it. Trump is President and Americans are better off today than when he took office, that is reality.

Hating Bush serves no purpose other than to divert from the reality of what is going on today and that is all that matters.

I don't hate Bush - I hate his comedy of presidency...

 

[Conservative]

I don't hate Bush - I hate his comedy of presidency...

From your posts you don't have a lot of credibility on the complaints about the Bush Presidency as obviously you never took a civics class to understand the role of Congress in the Gov't blaming everything on Bush and then ignoring everything that Obama did including the worst recovery in American history from a major recession.

 

[Media_Truth]

From your posts you don't have a lot of credibility on the complaints about the Bush Presidency as obviously you never took a civics class to understand the role of Congress in the Gov't blaming everything on Bush and then ignoring everything that Obama did including the worst recovery in American history from a major recession.

:lamo:lamo:lamo Worst recovery! That's the desperation of your pathetic arguments.

 

[Far right dem]

:lamo:lamo:lamo Worst recovery! That's the desperation of your pathetic arguments.

Yeah. Bush destroys the economy and he blame obama for not fixing it fast enough. That is comedic gold.

 

[Conservative]

:lamo:lamo:lamo Worst recovery! That's the desperation of your pathetic arguments.

Your posts defy history and official data and are an example of why liberals like you will never be on the winning side of any debate. The actual results tell a different story than you want to portray. Cannot help but notice your hatred for a President who has been out of office for 10 years and another who has been out of office for over two. Keep ignoring hte official data and keep losing elections

 

[OrphanSlug]

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?

What do you think a unified budget means?

 

[OrphanSlug]

From your posts you don't have a lot of credibility on the complaints about the Bush Presidency as obviously you never took a civics class to understand the role of Congress in the Gov't blaming everything on Bush and then ignoring everything that Obama did including the worst recovery in American history from a major recession.

You are the absolute wrong person to talk about anyone else’s credibility.

The irony is you will defend Bush by pointing to Congress, then turn around and say Obama was entirely at fault while ignoring who he had to work with for 6 of 8 years in Congress.

 

[Huey Freeman]

Yes and the same could be the said of the Democrats who are now trying to feign being deficit hawks. Both parties, not unlike the cable driven entertainment news placate to their viewers. The truth is it is the nature of politics and man true be self perpetuating. Government always gets bigger, and congressmen are sent to bring home the pork. To bad so many want to continue to play partisan politics and pretend that only the other party is guilty all while offering more and more spending to their own base.

The difference is that Laffer economics is (largely) fiction while Keynesian economics - practiced by governments from the US to the UK - pulled the world out of the Great Depression.

 

[Conservative]

What do you think a unified budget means?

LOL, you are kidding, right? Are you this poorly educated? It means putting all dollars in basically a single pot. Is that something you support?

 

[Conservative]

You are the absolute wrong person to talk about anyone else’s credibility.

The irony is you will defend Bush by pointing to Congress, then turn around and say Obama was entirely at fault while ignoring who he had to work with for 6 of 8 years in Congress.

Here is your problem Obama inherited a Democratic Congress, TARP, NO budget and had his stimulus passed almost day one. Now you radicals want to give him credit for lowering the deficit ignoring that happened because of sequester and a GOP Congress after 2013. 6 of 8 years? Do you know what Congress consists of? When did the GOP take Congress?? You really aren't independent at all, just no guts to admit you are a liberal

 

[OrphanSlug]

LOL, you are kidding, right? Are you this poorly educated? It means putting all dollars in basically a single pot. Is that something you support?

Support or not... quit avoiding the issue. Now find for us where the Treasury isolated line items from the budget as deficit causing leaving all others as is as you suggested they did.

We are still waiting...

 

[OrphanSlug]

Here is your problem Obama inherited a Democratic Congress, TARP, NO budget and had his stimulus passed almost day one. Now you radicals want to give him credit for lowering the deficit ignoring that happened because of sequester and a GOP Congress after 2013. 6 of 8 years? Do you know what Congress consists of? When did the GOP take Congress?? You really aren't independent at all, just no guts to admit you are a liberal

What a shock, yet another post of yours filled will accusations.

I did not give Obama exclusive credit for lowering the deficit, but I am blaming Trump and Republicans in Congress for taking reducing deficits and replacing it with increasing deficits and I am also calling them out for basically lying about what the tax cuts would do.

Speaks right to the point of this thread, that point that flew over your head. Republicans when causing deficits all of a sudden do not care about deficits. You supporting Trump and Republicans in Congress suggests you do not care either.

 

[marke]

What a shock, yet another post of yours filled will accusations.

I did not give Obama exclusive credit for lowering the deficit, but I am blaming Trump and Republicans in Congress for taking reducing deficits and replacing it with increasing deficits and I am also calling them out for basically lying about what the tax cuts would do.

Speaks right to the point of this thread, that point that flew over your head. Republicans when causing deficits all of a sudden do not care about deficits. You supporting Trump and Republicans in Congress suggests you do not care either.

Congress has reminded us that it now controls the purse strings, not Trump. Let's see how well they do in lowering the deficit without raising the debt ceiling once again, if they think that will work. It won't work in the long run but it might give us some short term boost, which Trump will get the credit for, for what it is worth. Nobody seems worried that our debt is not being serviced.

 

[Conservative]

Support or not... quit avoiding the issue. Now find for us where the Treasury isolated line items from the budget as deficit causing leaving all others as is as you suggested they did.

We are still waiting...

Gave it to you, you don't like it, tough, do you have any idea what the cabinet is in any Administration? Seems your ignorance is a reflection on a failed education system. Where do you think those line items came from? Do you have any idea what taxes you pay and their purpose?

 

[Conservative]

What a shock, yet another post of yours filled will accusations.

I did not give Obama exclusive credit for lowering the deficit, but I am blaming Trump and Republicans in Congress for taking reducing deficits and replacing it with increasing deficits and I am also calling them out for basically lying about what the tax cuts would do.

Speaks right to the point of this thread, that point that flew over your head. Republicans when causing deficits all of a sudden do not care about deficits. You supporting Trump and Republicans in Congress suggests you do not care either.

Easy to place blame and never accept responsibility, isn't it? Do you have any idea what created the 2018 deficit? Why don't you find out and stop making a fool of yourself.

 

[OrphanSlug]

Congress has reminded us that it now controls the purse strings, not Trump. Let's see how well they do in lowering the deficit without raising the debt ceiling once again, if they think that will work. It won't work in the long run but it might give us some short term boost, which Trump will get the credit for, for what it is worth. Nobody seems worried that our debt is not being serviced.

It is bipartisan and frequent that the debt ceiling is increased repeatedly, it would be yet another falsehood from “Conservatives” to suggest otherwise. Besides the fiasco in 1979 with a series of treasuries resulting in late payments, the US has not defaulted on debt.

And that proves two things. One, that the debt ceiling was always an after the fact thinking stupid idea. Congress passes all sorts of bills that impact revenues and spending with no real interest in thinking about added debt, then expects a debt ceiling to be meaningful. Two, the only time it comes up is when someone attempts to make it meaningful knowing full well Republicans and Democrats alike do not care.

 

[OrphanSlug]

Gave it to you, you don't like it, tough, do you have any idea what the cabinet is in any Administration? Seems your ignorance is a reflection on a failed education system. Where do you think those line items came from? Do you have any idea what taxes you pay and their purpose?

No you did not, I am asking for something specific. You claimed that only two line items are the reasons for our deficit, I am asking you to find where the Treasury agreed with you.

We are still waiting...

 

[OrphanSlug]

Easy to place blame and never accept responsibility, isn't it? Do you have any idea what created the 2018 deficit? Why don't you find out and stop making a fool of yourself.

Yes I do (and so does the Treasury.)

 

[Conservative]

No you did not, I am asking for something specific. You claimed that only two line items are the reasons for our deficit, I am asking you to find where the Treasury agreed with you.

We are still waiting...

I have given you the line items and the taxes that fund them, it is a waste of time dealing with people like you who won't believe anything that comes from Treasury because that official data isn't what you want to believe, Again what is it about liberalism that creates this kind of loyalty? Are you being paid to be a liberal patsy?

 

[Conservative]

Yes I do (and so does the Treasury.)

Yes, they do, Entitlement spending and interest expense

 

[marke]

It is bipartisan and frequent that the debt ceiling is increased repeatedly, it would be yet another falsehood from “Conservatives” to suggest otherwise. Besides the fiasco in 1979 with a series of treasuries resulting in late payments, the US has not defaulted on debt.

And that proves two things. One, that the debt ceiling was always an after the fact thinking stupid idea. Congress passes all sorts of bills that impact revenues and spending with no real interest in thinking about added debt, then expects a debt ceiling to be meaningful. Two, the only time it comes up is when someone attempts to make it meaningful knowing full well Republicans and Democrats alike do not care.

Let me ask you this. No matter who might be to blame for whatever position, do you not think it is very dangerous for America not to be paying its debt back down?

 

[OrphanSlug]

Let me ask you this. No matter who might be to blame for whatever position, do you not think it is very dangerous for America not to be paying its debt back down?

I think it is far more dangerous to see any nation increase deficits and debt at a time when the economy is doing better, that is contrary to every principle of economics known. Yet, Trump and Republicans in Congress decided to do so anyway.

 

[Conservative]

I think it is far more dangerous to see any nation increase deficits and debt at a time when the economy is doing better, that is contrary to every principle of economics known. Yet, Trump and Republicans in Congress decided to do so anyway.

So have you bothered to look at the Trump budget?? Of course not as that is irrelevant, you buy what you are told. Name for me the last time any President proposed budget cuts to Departments? Oh, I forgot departments don't exist and those line items I gave you really don't exist nor do the taxes that fund the items and the other line items

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

 

[OrphanSlug]

So have you bothered to look at the Trump budget?? Of course not as that is irrelevant, you buy what you are told. Name for me the last time any President proposed budget cuts to Departments? Oh, I forgot departments don't exist and those line items I gave you really don't exist nor do the taxes that fund the items and the other line items

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

You can cut and paste “-FIT” all you want and it still does not mean what you want it to mean.

Again... find for me where the Treasury cut out only the two line items you named and explicitly said these are the only two budget items that caused a deficit.

I am still waiting for that...

Now (and again for the umpteenth time) the “Trump Budget” is rather meaningless when Congress did what it did anyway with budget matters. Any budget submitted by a President still has to go through Congress, I would think someone who claims to know so much would know that. And to be honest with you Trump did not do all that much about what Congress did anyway so long as he got his tax cuts, at the time Republican controlled.

 

[Conservative]

You can cut and paste “-FIT” all you want and it still does not mean what you want it to mean.

Again... find for me where the Treasury cut out only the two line items you named and explicitly said these are the only two budget items that caused a deficit.

I am still waiting for that...

Now (and again for the umpteenth time) the “Trump Budget” is rather meaningless when Congress did what it did anyway with budget matters. Any budget submitted by a President still has to go through Congress, I would think someone who claims to know so much would know that. And to be honest with you Trump did not do all that much about what Congress did anyway so long as he got his tax cuts, at the time Republican controlled.

Do you understand that there are 15 Cabinet departments in the Federal Gov't and each Dept. has a budget? Each Department has line items and that is exactly what I gave you as those line items add up to the dept. budget then the total U.S. budget request created by the President. Not sure what your problem is but you don't seem to grasp basic accounting or basic U.S. Budget line items and the taxes that fund them?

What exactly is your problem with the line items and the tax created to fund those line items? Is it your belief that SS and Medicare should be funded by FIT?