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Old 09-27-2018, 09:54 AM
 
10,513 posts, read 5,169,235 times
Reputation: 14056

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"The cost of interest is on track to be $390 billion next year which is nearly 50% more than in 2017, and it is already the fastest growing government expense, the Congressional Budget Office said."

Let that sink in. It shows how irresponsible and reckless the Trump tax cuts are.

Trump has a horrible track record of failed business ventures and bankruptcies. It's like he's trying to do the same to the US government.

And, on an unrelated note, insiders at major corporation are selling stock in their own companies at a record pace. They must know an economic downturn is coming.

https://www.mysanantonio.com/technol...e-13262310.php
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Old 09-27-2018, 09:58 AM
 
12,997 posts, read 13,649,010 times
Reputation: 11192
You’re out of step. The time to talk about that is when Democrats are in power or when they suggest a popular policy that costs far less than another rich guy hearyagohavesummo and benefits the majority.
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Old 09-27-2018, 10:30 AM
 
45,233 posts, read 26,457,645 times
Reputation: 24992
Good to see people finally concerned about the debt after ignoring it the last eight years.
What would y'all like to cut to whittle it down?
My answer; everything
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Old 09-27-2018, 10:39 AM
 
Location: Charleston, SC
7,103 posts, read 5,987,803 times
Reputation: 5712
Quote:
Originally Posted by Elliott_CA View Post
"The cost of interest is on track to be $390 billion next year which is nearly 50% more than in 2017, and it is already the fastest growing government expense, the Congressional Budget Office said."

Let that sink in. It shows how irresponsible and reckless the Trump tax cuts are.

Trump has a horrible track record of failed business ventures and bankruptcies. It's like he's trying to do the same to the US government.

And, on an unrelated note, insiders at major corporation are selling stock in their own companies at a record pace. They must know an economic downturn is coming.

https://www.mysanantonio.com/technol...e-13262310.php
It's funny the same was said about government spending during the Obama years...
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Old 09-27-2018, 10:42 AM
 
Location: Long Island
32,816 posts, read 19,492,759 times
Reputation: 9618
Quote:
Originally Posted by Elliott_CA View Post
"The cost of interest is on track to be $390 billion next year which is nearly 50% more than in 2017, and it is already the fastest growing government expense, the Congressional Budget Office said."

Let that sink in. It shows how irresponsible and reckless the Trump tax cuts are.

Trump has a horrible track record of failed business ventures and bankruptcies. It's like he's trying to do the same to the US government.

And, on an unrelated note, insiders at major corporation are selling stock in their own companies at a record pace. They must know an economic downturn is coming.

https://www.mysanantonio.com/technol...e-13262310.php
1. the trump tax cuts for everyone, is a good thing


2. trump, nor the republicans, nor the democrats, control the fed, which has raised interest rates...8 years of QE and historically low interest rates has made you complacent


this was KNOWN would happen, no matter who got elected
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Old 09-27-2018, 10:58 AM
 
Location: Texas
37,949 posts, read 17,875,145 times
Reputation: 10371
Quote:
Originally Posted by Elliott_CA View Post
"The cost of interest is on track to be $390 billion next year which is nearly 50% more than in 2017, and it is already the fastest growing government expense, the Congressional Budget Office said."

Let that sink in. It shows how irresponsible and reckless the Trump tax cuts are.

Trump has a horrible track record of failed business ventures and bankruptcies. It's like he's trying to do the same to the US government.

And, on an unrelated note, insiders at major corporation are selling stock in their own companies at a record pace. They must know an economic downturn is coming.

https://www.mysanantonio.com/technol...e-13262310.php
But he said he was going to veto a spending increase. He said.
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Old 09-27-2018, 11:00 AM
 
Location: Wisconsin
25,580 posts, read 56,493,097 times
Reputation: 23386
Quote:
Originally Posted by Frank DeForrest View Post
Good to see people finally concerned about the debt after ignoring it the last eight years.
What would y'all like to cut to whittle it down?
Increase revenue by rescinding the tax cuts, raising taxes - and reexamine spending - and restore regular order in Congress.

I just heard Navy Secretary Richard Spencer say, because of Budget Control Act, US has lit a match to, literally burned/destroyed/wasted $4B in hard dollars on Navy appropriations alone, because Congress wasn't passing two-year budgets.

Only a 5 min. video - worth a view - comment on $4B begins about 3:30:

https://www.cnbc.com/video/2018/09/2...chterm=defense

Last edited by Ariadne22; 09-27-2018 at 11:08 AM..
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Old 09-27-2018, 11:26 AM
 
Location: Long Island
32,816 posts, read 19,492,759 times
Reputation: 9618
Quote:
Originally Posted by Ariadne22 View Post
Increase revenue by rescinding the tax cuts, raising taxes - and reexamine spending - and restore regular order in Congress.

I just heard Navy Secretary Richard Spencer say, because of Budget Control Act, US has lit a match to, literally burned/destroyed/wasted $4B in hard dollars on Navy appropriations alone, because Congress wasn't passing two-year budgets.

Only a 5 min. video - worth a view - comment on $4B begins about 3:30:

https://www.cnbc.com/video/2018/09/2...chterm=defense
trumps tax cuts have shown an increase in revenue


https://www.investors.com/politics/e...onomic-growth/
Income Tax Revenues Are Up 9% This Year
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Old 09-27-2018, 11:28 AM
 
Location: USA
18,499 posts, read 9,167,872 times
Reputation: 8529
Oh no! We’d better cut Social Security and Medicare! For the sake of us all!!!!

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Old 09-27-2018, 11:41 AM
 
34,279 posts, read 19,380,515 times
Reputation: 17261
Trump on deficits under Obama:

Quote:
The deficits under @BarackObama are the highest in America's history. Why is he bankrupting our country?

Yeah. the hypocrisy of both Trump and his supporters boggles my mind.
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