DEFICIT TO RISE NEARLY 30% OVER LAST YEAR, ACCORDING TO NEW WHITE HOUSE PROJECTIONS

[Joe Capitalist]

Donald Trump acting like a liberal. Can't keep his promise of lowering the debt.

The deficit is projected to reach $1 trillion this year, according to the Office of Management and Budget (OMB), which released its annual mid-session review on Friday. If that projection turns out to be correct, it would represent a nearly 30 percent increase relative to last year’s deficit. And even using optimistic economic assumptions, the administration anticipates that if current law remains the same, the deficit will remain around $1 trillion annually over the 10-year projection period.

America’s rising deficits reflect not only a structural imbalance between spending and revenues, but are also a result of fiscally irresponsible policy changes, including the deficit-financed tax cuts passed in 2017. The large and growing debt is important because it threatens to harm our economy and slow the growth of productivity and wages. Moreover, rising amounts of debt could crowd out critical investments, reduce policymakers’ flexibility to respond to unforeseen events, and raise the risk of a fiscal crisis.

[Truth Detector]

Donald Trump acting like a liberal. Can't keep his promise of lowering the debt.

LINK snowflake; where's the LINK to the story? So you don't like liberals now? Did Obama lower the debt? Were you still a massive butt kissing loyal supporter of Obama after he ran up TEN TRILLION in debt?

I remember the snowflake leftist claims; that it was okay to run up the deficit for good reasons. Are good reasons only Leftist causes? Why?

[cawacko]

We've reached a point (or maybe it's always been like this) where the deficit and national debt are used as issues to bludgeon political opponents but isn't really something most voters and politicians truly care about.

[Truth Detector]

We've reached a point (or maybe it's always been like this) where the deficit and national debt are used as issues to bludgeon political opponents but isn't really something most voters and politicians truly care about.

It is something we all should care about. Unfortunately, Americans are too fat and too lazy to care about much of anything.

[reagansghost]

I remember back in 2007-2010 the teabillies were throwing absolute hissy fits about the deficits...……..now they couldn't care less

[Truth Detector]

I remember back in 2007-2010 the teabillies were throwing absolute hissy fits about the deficits...……..now they couldn't care less

LIE and LAME. It will be very hard to do anything about the deficit with Democrats controlling the House. Hopefully, the American people will see their mistake and fix that in 2020 along with Trumps re-election.

[Getin the ring]

I remember back in 2007-2010 the teabillies were throwing absolute hissy fits about the deficits...……..now they couldn't care less

or when liberals couldn't care less, but are now throwing hissy fits.

funny how that works huh moonbat?

[evince]

We've reached a point (or maybe it's always been like this) where the deficit and national debt are used as issues to bludgeon political opponents but isn't really something most voters and politicians truly care about.

thanks to the republican party lying non stop about what was causing deficits for decades


Remember when Clinton made progress and you fucks lied about it for political gain

[evince]

or when liberals couldn't care less, but are now throwing hissy fits.

funny how that works huh moonbat?

see

just like this shit statue is doing

[evince]

LIE and LAME. It will be very hard to do anything about the deficit with Democrats controlling the House. Hopefully, the American people will see their mistake and fix that in 2020 along with Trumps re-election.

how about when you had the house ,senate and president asshole


YOU BALLOONED it with tax cuts for the wealthy remember

[Centerleftfl]

GEORGE W. BUSH was a liberal? Obama spent his entire 8 years paying off tax cuts, WAR, and TARP 1. Funny how that worked, huh?

PS Take a look at those red bars at the BEGINNING. What years were those again? Be sure to look at those last 5 bars.



WARS COST MONEY, WHO KNEW?

[evince]

GEORGE W. BUSH was a liberal? Obama spent his entire 8 years paying off tax cuts, WAR, and TARP 1. Funny how that worked, huh?

PS Take a look at those red bars at the BEGINNING. What years were those again? Be sure to look at those last 5 bars.

you can see why they hate facts

[Joe Capitalist]

GEORGE W. BUSH was a liberal? Obama spent his entire 8 years paying off tax cuts, WAR, and TARP 1. Funny how that worked, huh?

PS Take a look at those red bars at the BEGINNING. What years were those again? Be sure to look at those last 5 bars.



WARS COST MONEY, WHO KNEW?

Wow! Looks like Reagan and the two Bushes were liberal spenders compared to President Clinton and President Obama.

Funny how the right claims the Republicans are conservative spenders, yet these graphs prove just how liberal they really are.

[Truth Detector]

how about when you had the house ,senate and president asshole
YOU BALLOONED it with tax cuts for the wealthy remember

Dear moron; no one increased the deficit more than the Obama Presidency. Dumbass.

[Truth Detector]

Obama spent his entire 8 years paying off tax cuts, WAR, and TARP 1. Funny how that worked, huh?

PS Take a look at those red bars at the BEGINNING. What years were those again? Be sure to look at those last 5 bars.

LIE and LAME. The tax cuts did not cost the Government anything. Revenues increased after the cuts were put in place. The wars? That was a BI-PARTISAN decision asshat.

Now Trump has to pay for all those promises of Obamacare. Fascinating how the costs of FULL implementation occur AFTER Obama left office isn't it asshole?