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10/01/2012.................................16,159,487,01 3,300.35
09/30/2013.................................16,738,183,52 6,697.32
578,696,513,397..............................578 billion deficit fy13......the only one of two full years under one trillion
10/01/2014................................. 17,824,071,380,733.82
09/30/2015................................. 18,150,617,666,484.33
326,546,285,750.51..............................32 6 billion deficit fy15...the second less than trillion
10/01/2016.................................19,573,444,71 3,936.79
09/30/2017.................................20,244,900,01 6,053.51
671,455,302,117.............................. .671 trillion (671 billion) deficit fy17 (fy17 is a shared Obama/trump)
10/01/2017.................................20,244,900,01 6,053.51
today 8/11/18...…………………….21,342,180,438,050.3 6 (trump already over a trillion)
so of the last 9 years only 3 will have been under a trillion
the shrub, obozo, tRump...all the same..... and hitlery would have been worse
Years past there was an explanation, two wars, the recession but here we are in 2018 with record low unemployment and a great economy running 2009 type deficits.
10/01/2012.................................16,159,487,01 3,300.35
09/30/2013.................................16,738,183,52 6,697.32
578,696,513,397..............................578 billion deficit fy13......the only one of two full years under one trillion
10/01/2014................................. 17,824,071,380,733.82
09/30/2015................................. 18,150,617,666,484.33
326,546,285,750.51..............................32 6 billion deficit fy15...the second less than trillion
10/01/2016.................................19,573,444,71 3,936.79
09/30/2017.................................20,244,900,01 6,053.51
671,455,302,117.............................. .671 trillion (671 billion) deficit fy17 (fy17 is a shared Obama/trump)
10/01/2017.................................20,244,900,01 6,053.51
today 8/11/18...…………………….21,342,180,438,050.3 6 (trump already over a trillion)
so of the last 9 years only 3 will have been under a trillion
the shrub, obozo, tRump...all the same..... and hitlery would have been worse
So you admit that the deficit fell under Obama and is going up under Trump?
As many of us predicted, the budget deficit would continue to surge. And contrary to Trumpling claims about tax receipts going up in the wake of the tax cuts, they are actually DOWN compared to the same month last year.
The Federal government says revenues are UP through June. July's numbers have NOT yet been tallied, with a PLUS of $2,540,000 for fiscal 2018 so far, 2017 was UP $3,314,000.
"they are actually DOWN compared to the same month last year." Not by much, 33 million to 32 million. It was still on the INCREASE side.
The Federal government says revenues are UP through June. July's numbers have NOT yet been tallied, with a PLUS of $2,540,000 for fiscal 2018 so far, 2017 was UP $3,314,000.
"they are actually DOWN compared to the same month last year." Not by much, 33 million to 32 million. It was still on the INCREASE side.
The Federal government says revenues are UP through June. July's numbers have NOT yet been tallied, with a PLUS of $2,540,000 for fiscal 2018 so far, 2017 was UP $3,314,000.
"they are actually DOWN compared to the same month last year." Not by much, 33 million to 32 million. It was still on the INCREASE side.
Tax receipts, in $ millions
July 2017: 232,040
July 2018: 225,266
---------------------
That's down 2.92%
June 2017: 338,660
June 2018: 316,278
----------------------
That's down 6.6%
May 2017: 240,418
May 2018: 217,075
----------------------
That's down 9.7%
April 2017: 455,605
April 2018: 510,447
---------------------
That's up 12%
March 2017: 216,584
March 2018: 210,832
-----------------------
That's down 2.66%
Feb 2017: 171,713
Feb 2018: 155,623
---------------------
That's down 9.37%
Jan 2017: 344,069
Jan 2018: 361,038
---------------------
That's up 4.93%
That is, since the tax cuts took effect, tax receipts have been down 5 of 7 months. And including January is debatable since the withholding tax reductions didn't really take effect until February, IIRC.
Total 2017 Jan-July: 1,999,089
Total 2018 Jan-July: 1,996,559
-----------------------------------
That's down 0.13%. And again, including January - which was a positive month - is debatable. But I'll be nice and include it.
For something that was supposed to increase tax receipts according to its proponents, the tax cuts so far have been a failure.
That is one month - April. I have already posted ALL months since the beginning of the year (when the tax cuts took effect). See above.
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July US budget deficit up 79% compared to 7/2017. Tax receipts down 3%
