Posted by tangplay on 10/25/2019 5:02:00 PM (view original):
:/ just scroll up 5 posts from mine

The U.S. government ended fiscal year 2019 with the largest budget deficit in seven years as gains in tax receipts were offset by higher spending and growing debt service payments, the Treasury department said on Friday.

The figures reflect the second full budget year under U.S. President Donald Trump, a Republican, and come at a time when the country has an expanding tax base with strong economic growth and an unemployment rate currently near a 50-year low.

The U.S. budget deficit widened to $984 billion, which was 4.6% of the nation's gross domestic product. The previous fiscal year deficit was $779 billion, with a deficit-to-GDP-ratio of 3.8%. Total receipts increased by 4% but outlays rose by 8.2%.

The deficit reached a peak of $1.4 trillion in 2009 as the Obama administration and Congress took emergency measures to shore up the nation's banking system during the global financial crisis and provide stimulus to an economy in recession.

The annual budget deficit had been reduced to $585 billion by the end of former President Barack Obama's second term in 2016 and Republicans in Congress during that time criticized Obama, a Democrat, for not reducing it further.

Since then, the budget deficit has jumped due in part to the Republican's overhaul of the tax system

Posted by bagchucker on 10/26/2019 10:02:00 AM (view original):
Gary Kaultbaum covers it extensively on Bulls & Bears

basically every time he opens his mouth

Posted by all3 on 10/26/2019 10:32:00 AM (view original):
Facts? like these that got mentioned but ignored? "The figures reflect the second full budget year under U.S. President Donald Trump, a Republican, and come at a time when the country has an expanding tax base with strong economic growth and an unemployment rate currently near a 50-year low."

I'm pretty sure "strong economic growth" and "unemployment ... near a 50-year low" are both very good things, but let's ignore them, or try to credit someone else for them, since they don't fit the agenda.

Posted by laramiebob on 10/26/2019 11:59:00 AM (view original):
wow. Really? Like trying to credit Trump solely for our economy without crediting Pres. Obama for saving the economy and stabilizing it such that this growth could even occur??

You really are quite unbelievable when you try to claim you're not a Trump fan, and yet go on and on and on attempting to support and defend Trump at every turn/chance.

What you claim in your post didn't even happen!! The sentence you refer to is right there, IN THE ARTICLE, it isn't ignored!
Better lay off the Kool-Aid this weekend.

Posted by bronxcheer on 10/26/2019 2:54:00 AM (view original):

The U.S. government ended fiscal year 2019 with the largest budget deficit in seven years as gains in tax receipts were offset by higher spending and growing debt service payments, the Treasury department said on Friday.

The figures reflect the second full budget year under U.S. President Donald Trump, a Republican, and come at a time when the country has an expanding tax base with strong economic growth and an unemployment rate currently near a 50-year low.

The U.S. budget deficit widened to $984 billion, which was 4.6% of the nation's gross domestic product. The previous fiscal year deficit was $779 billion, with a deficit-to-GDP-ratio of 3.8%. Total receipts increased by 4% but outlays rose by 8.2%.

The deficit reached a peak of $1.4 trillion in 2009 as the Obama administration and Congress took emergency measures to shore up the nation's banking system during the global financial crisis and provide stimulus to an economy in recession.

The annual budget deficit had been reduced to $585 billion by the end of former President Barack Obama's second term in 2016 and Republicans in Congress during that time criticized Obama, a Democrat, for not reducing it further.

Since then, the budget deficit has jumped due in part to the Republican's overhaul of the tax system

Posted by laramiebob on 10/26/2019 9:51:00 AM (view original):
Aren't facts fun! Did Fox cover this?