How the hell are we going to pay back 20 trillion?

[LV426]

Explain to us just where this 30 Billion increase came from if LESS TAXES were collected

Inflation, mostly.

And the tax cut wasn't on just individuals, it was on corporations too. Both get lumped together when Treasury collects revenue.

For 2018 Jan-Nov, revenues were $50B below what they were in 2017 Jan-Nov.

December 2018 is going to be bleak too, which means that 2018 revenues will be below 2017 revenues, which hasn't happened since the Great Recession.

[Truth Detector]

Nope. Debt is an accumulation of deficits.

You're the ones who increase deficits while Democrats are the ones who reduce them.

You're not the people of fiscal responsibility.

Lying moron doesn't know that during Obama's Presidency the debt increased by almost $10 trillion.

[LV426]

The thread is about the debt, not the deficit. Just sayin.

Deficits cause debt, moron.

So you can't have a discussion with one without discussing the other.

In fact, with no deficits, we have no debt.

Who were the ones who erased the surpluses? Oh right, you guys.

[Truth Detector]

Prior to Obama, Bush added more to the debt than any President prior to him, and more than all Presidents put together.

And yet, Obama has the record for deficit spending. STFU you dumb fuck.

[Ralph]

Inflation, mostly.

And the tax cut wasn't on just individuals, it was on corporations too. Both get lumped together when Treasury collects revenue.

For 2018 Jan-Nov, revenues were $50B below what they were in 2017 Jan-Nov.

December 2018 is going to be bleak too, which means that 2018 revenues will be below 2017 revenues, which hasn't happened since the Great Recession.

So the federal offices responsible for the accounting presented are lying about collected tax revenues? I see...………. but your subjective words are considered TRUTH? LMAO

Once again.....your words (propaganda) don't agree with the actual accounting numbers from the federal government. Just follow the links that document the truth. Tax revenues are going up from 6.33 to over 6.61 Trillion. NOT DOWN as you are suggesting by presenting left wing pasted articles.

[LV426]

Ohbummer added $8.588 trillion more than ANY other President from a nominal standpoint.

You're not using "nominal" correctly here, but OK.

So he added that much. OK, well, prior to him, Bush added more to the debt than ANY other President from a nominal standpoint, and more than all Presidents combined from a nominal standpoint.

Not sure why you care about debt so much when you didn't during Bush. What's up with that?

[canceled.2021.1]

Deficits cause debt, moron.

So you can't have a discussion with one without discussing the other.

In fact, with no deficits, we have no debt.

Who were the ones who erased the surpluses? Oh right, you guys.

I love how you try to pass the democrat party off as a fiscally responsible party. Good stuff

[LV426]

So the federal offices responsible for the accounting presented are lying about collected tax revenues?

No, you're lying about tax revenues.

I sourced Treasury's receipt statements directly, right here. I even wrote them out for you because reading ain't your thing.

2018 Jan-Nov federal revenues were $50B less than 2017 Jan-Nov federal revenues.

FACT.

[Truth Detector]

Obama and Clinton left office with smaller deficits than the ones you handed them.

Dumb and lame. So regardless of the FACT that Obama left office with the highest deficits on record and the highest accumulation of debt, it was okay because it was lower when he left office???? STFU you dumb fuck.

They were lower when Clinton left office because Republicans controlled the purse strings.. You dumb fuck.

[Ralph]

No, you're lying about tax revenues.

I sourced Treasury's receipt statements directly, right here. I even wrote them out for you because reading ain't your thing.

2018 Jan-Nov federal revenues were $50B less than 2017 Jan-Nov federal revenues.

FACT.

Right.....there was never a LINK provided that provided the actual government data. Its all a conspiracy. LMAO What have you presented from any official government site? You provide nothing but subjective opinionated ad hominem Bullshit. For instance when is a projected spending deficit calculated into the actual revenues collected and the presented as a tax reduction? As you have proven....there is no TAX COLLECTION PROBLEM....there is a SPENDING (deficit) PROBLEM/

[LV426]

Once again.....your words (propaganda) don't agree with the actual accounting numbers from the federal government. Just follow the links that document the truth. Tax revenues are going up from 6.33 to over 6.61 Trillion. NOT DOWN as you are suggesting by presenting left wing pasted articles.

LOL!

You're lumping in state and local revenues with federal revenues because the federal tax cut didn't pay for itself.

So you just cast a wider net.

Say, didn't a whole mess of states raise state taxes in 2018? Why yes, they did.

[LV426]

I love how you try to pass the democrat party off as a fiscally responsible party. Good stuff

Democratic President leave office with smaller deficits than what their Republican predecessors left them.

[Truth Detector]

Deficits cause debt, moron.

So you can't have a discussion with one without discussing the other.

In fact, with no deficits, we have no debt.

Who were the ones who erased the surpluses? Oh right, you guys.

Moron thinks Presidents control spending.

[LV426]

Right.....there was never a LINK provided that provided the actual government data. Its all a conspiracy. LMAO

It is official data, moron, it comes directly from Treasury.gov.

https://www.fiscal.treasury.gov/file...ts/mts/mts.pdf

See that URL? Official Treasury Statements.

Your link didn't have that.

[canceled.2021.1]

You're not using "nominal" correctly here, but OK.

So he added that much. OK, well, prior to him, Bush added more to the debt than ANY other President from a nominal standpoint, and more than all Presidents combined from a nominal standpoint.

Not sure why you care about debt so much when you didn't during Bush. What's up with that?

And B. Hussein Yobabymama beat Bush. Not yo mama's bush, but President Bush

And yes, I cared very much about the debt. I opposed their welfare scheme called medicare drug plan. I opposed no child left behind. I opposed most of the spending of the republicans.

Now kindly get AIDS and die