g5000
Diamond Member
- Nov 26, 2011
- 125,249
- 68,963
The federal deficit ballooned at start of new fiscal year, up 77 percent from a year before
The fake Trump tax cut has caused revenues to fall. Good job, Dotard Donald!
Federal deficits are rising. Here's the whole story - CNNPolitics
Budget receipts were basically flat overall. Individual non-withheld and self-employment taxes rose by $89 billion, as they should in a good economy when more people are working. Most of that increase came in April, when taxpayers were filing returns for 2017 — before the Trump tax cuts took effect. Congress' Joint Tax Committee has forecast the overall revenue impact of the individual tax cuts to be much larger in 2019, knocking collections down by $189 billion.
Trump has also increased spending to the highest record in human history.
Decreased revenues + massive record spending = ASPLODING DEFICITS.
Whenever a pseudocon tells you they believe in small government, and yet worship the biggest spender in human history, all you can do in the face of such fantastic ignorance is
And then
And then
"B-b-b-b-b-b-but Democrats!"
.
The fake Trump tax cut has caused revenues to fall. Good job, Dotard Donald!
Federal deficits are rising. Here's the whole story - CNNPolitics
Budget receipts were basically flat overall. Individual non-withheld and self-employment taxes rose by $89 billion, as they should in a good economy when more people are working. Most of that increase came in April, when taxpayers were filing returns for 2017 — before the Trump tax cuts took effect. Congress' Joint Tax Committee has forecast the overall revenue impact of the individual tax cuts to be much larger in 2019, knocking collections down by $189 billion.
Trump has also increased spending to the highest record in human history.
Decreased revenues + massive record spending = ASPLODING DEFICITS.
Whenever a pseudocon tells you they believe in small government, and yet worship the biggest spender in human history, all you can do in the face of such fantastic ignorance is
And then
And then
"B-b-b-b-b-b-but Democrats!"
.
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