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View Full Version : CNBC: Federal Annual Deficit Increases 26% to $984 Billion for FY 2019



DMX7
10-25-2019, 02:14 PM
https://www.cnbc.com/2019/10/25/federal-deficit-increases-26percent-to-984-billion-for-fiscal-2019.html


The U.S. Treasury on Friday said that the federal deficit for fiscal 2019 was $984 billion, a 26% increase from 2018 but still short of the $1 trillion mark.
The gap between revenues and spending was the widest in seven years. Defense, Medicare and interest payments ballooned the shortfall.

GOP will probably start caring about "the deficit" on the evening of January 20, 2021.

koriwhat
10-25-2019, 02:24 PM
GOP will probably start caring about "the deficit" on the evening of January 20, 2021.

basically

Spurtacular
10-26-2019, 12:48 AM
I'm sure we can count on the irresponsible Democrats to fix this at some point.

Winehole23
10-26-2019, 03:36 AM
I'm sure we can count on the irresponsible Democrats to fix this at some point.Too bad irresponsible Republicans put us deeper in the hole. Your prayer to Democrats to fix it is duly noted.

boutons_deux
10-26-2019, 09:02 AM
Where are Bowles-Simpson clowns when we STILL don't need them?

boutons_deux
10-26-2019, 09:05 AM
https://www.cnbc.com/2019/10/25/federal-deficit-increases-26percent-to-984-billion-for-fiscal-2019.html



GOP will probably start caring about "the deficit" on the evening of January 20, 2021.

Nope, the deficit problem, according to Repugs, is ALWAYS lefty, socialist/communist, hated Social Security, Medicare, Medicaid, poor kids, and NEVER tax cuts, tax avoidance/evasion, corporate welfare for the oligarchy, $Ts for the corrupt military (aka the MIC scam)

Those programs For The People will "pay for" the Trash/Repug tax cut scam, according to the Repugs.

hater
10-26-2019, 09:53 AM
:lmao thinking anything else besides the fact that hoth parties are warmongering over spending bastard parties


:lmao americans picking a side when both sides are cancerously the same


muppets :lol

Spurtacular
10-26-2019, 02:02 PM
Too bad irresponsible Republicans put us deeper in the hole. Your prayer to Democrats to fix it is duly noted.

Neither party wants to fix it. If Democrats wanted to, they'd be spotlighting it instead of this Russian ploy. I would love it if Democrats got resonsible and pulled themselves up by their britches. But the truth is they want their benefactors paid. They want their pockets lined.

koriwhat
10-26-2019, 02:07 PM
They want their pockets lined.

all you have to do to see the truth is look at their estates.

DMX7
10-26-2019, 03:00 PM
:lmao americans picking a side when both sides are cancerously the same



BS

ducks
10-26-2019, 04:24 PM
Let’s not bring the troops home though ask chuck !

SnakeBoy
10-26-2019, 04:54 PM
Nobody cares

Quadzilla99
10-26-2019, 05:14 PM
Nobody cares

At least you guys finally admit it

SnakeBoy
10-26-2019, 05:41 PM
At least you guys finally admit it

At some point you gotta go with the flow.

AussieFanKurt
10-26-2019, 06:37 PM
I wonder what the deficit would be if the US didn't go to war at every opportunity

Quadzilla99
10-26-2019, 08:45 PM
I wonder what the deficit would be if the US didn't go to war at every opportunity

We had a balanced budget until 9/11 then somehow despite having the largest standing military in history we had to go into massive debt in order to beat a bunch of cave dwellers in Afghanistan

Th'Pusher
10-26-2019, 08:59 PM
At least you guys finally admit it

They’ll care again in January 2021

DMC
10-27-2019, 12:09 AM
"Dems are bad"

"Republicans are bad"

"no it's the Dems"

"no is the Republicans"

"But what about you?"

"what about you?"


/Every thread in the forum boiled down

Meanwhile in Washington


Source: Roll Call (2018)[1]
Rank Name Party State Incumbent Net Worth ($ million)
1 Rep. Greg Gianforte Republican Montana Y 135.7
4 Rep. Michael McCaul Republican Texas Y 113.0
6 Sen. Mark Warner Democratic Virginia Y 90.2
7 Rep. Vern Buchanan Republican Florida Y 73.9
8 Sen. Richard Blumenthal Democratic Connecticut Y 70.0
9 Sen. Dianne Feinstein Democratic California Y 58.5
11 Rep. Trey Hollingsworth Republican Indiana Y 50.1
14 Rep. Paul Mitchell Republican Michigan Y 37.7
16 Rep. Scott Peters Democratic California Y 32.0
17 Rep. Don Beyer Democratic Virginia Y 31.2
19 Rep. Suzan DelBene Democratic Washington Y 28.4
21 Rep. Roger Williams Republican Texas Y 27.7
22 Rep. Ro Khanna Democratic California Y 27.0
25 Rep. Francis Rooney Republican Florida Y 22.6
26 Rep. Joe Kennedy III Democratic Massachusetts Y 18.7
27 Rep. Ralph Norman Republican South Carolina Y 18.3
28 Sen. John Hoeven Republican North Dakota Y 17.9
29 Rep. Nancy Pelosi Democratic California Y 16.0
30 Sen. David Perdue Republican Georgia Y 15.8
31 Sen. Jim Risch Republican Idaho Y 15.6
32 Rep. Brad Schneider Democratic Illinois Y 14.9
34 Rep. Buddy Carter Republican Georgia Y 13.2
35 Rep. Lloyd Doggett Democratic Texas Y 13.1
36 Rep. Jim Cooper Democratic Tennessee Y 12.3
37 Rep. Rick Allen Republican Georgia Y 11.7
38 Rep. Jim Sensenbrenner Republican Wisconsin Y 11.1
39 Rep. Fred Upton Republican Michigan Y 11.0
40 Rep. Nita Lowey Democratic New York Y 10.9
41 Rep. Carolyn Maloney Democratic New York Y 10.8
42 Sen. Mitch McConnell Republican Kentucky Y 10.4

DMC
10-27-2019, 12:16 AM
For the first time in history, the majority of America's elected officials in Washington, D.C. are millionaires.[1][2] At the same time, 50 percent of Americans cannot afford to spend $5,000 in an emergency.[3]

Who do you think these people are there to serve? Not us. Ok Maybe Fuzzy since he's financially elite compared to the working class.

ElNono
10-27-2019, 04:18 AM
DMC, why do you hate America tho? /blue

pgardn
10-27-2019, 10:05 AM
For the first time in history, the majority of America's elected officials in Washington, D.C. are millionaires.[1][2] At the same time, 50 percent of Americans cannot afford to spend $5,000 in an emergency.[3]

Who do you think these people are there to serve? Not us. Ok Maybe Fuzzy since he's financially elite compared to the working class.

How do we know this?

Did these folks actually supply us with information in the form in the form of tax returns?
Is it possible that conflict of interest requires we know more about who we elect?
Or conflict of interest, which is followed closely by several non profits, just does not matter anymore.

It would also be nice to know when and how these people became wealthy. The Clinton’s have pretty shown us how they have made their money.

pgardn
10-27-2019, 10:24 AM
Problem is US.

Its not magic. Voters vote and fail to get involved elsewhere. It’s somebody else’s problem. Start out at the bottom and look at who voluntarily takes on homeowners, condo owners, or apartment tenants associations. Then go to school boards. People gripe, but they don’t participate in the process because “it’s too big and powerful” oh dear. It’s frozen in place, we can’t change things. BS.

You cant change things because changing things requires effort among like minded people and leadership. And it can easily start at the bottom. You see it much more at the local level, but not as much anymore. Everyone should at least feel like they have skins in the game, but they don’t. Gripe and whine but don’t actually do anything.

When $ starts to get involved is when people start going sideways. Look at localities and how they decide to zone land. Then you get a view into how $ stinks things up. Profiting from getting elected, not for your skills in local issues and leadership, but skills in deal making when the capitalist comes to make a profit and convinces the elected official to fix something for a payment. If we want change in the current system, transparency on the local levels has to be called out as well. Preferably by the local press. I personally like the capitalist, but not when he makes money bribing local officials to do his dirty work.

pgardn
10-27-2019, 10:24 AM
Dp

DMC
10-27-2019, 11:04 AM
How do we know this?

Did these folks actually supply us with information in the form in the form of tax returns?
Is it possible that conflict of interest requires we know more about who we elect?
Or conflict of interest, which is followed closely by several non profits, just does not matter anymore.

It would also be nice to know when and how these people became wealthy. The Clinton’s have pretty shown us how they have made their money.

Annual financial disclosure reports

It doesn't matter (for the point I was making) how they made their money. It's only notable because they try to relate to the average voter and they can't. They don't associate with the average voter. Granted, being a millionaire today isn't the same as it used to be, but the fact most of these people are independently wealthy yet run for office to change the laws of our country should tell you that the laws are more and more going to favor the financially elite.

DMC
10-27-2019, 11:13 AM
Problem is US.

Its not magic. Voters vote and fail to get involved elsewhere. It’s somebody else’s problem. Start out at the bottom and look at who voluntarily takes on homeowners, condo owners, or apartment tenants associations. Then go to school boards. People gripe, but they don’t participate in the process because “it’s too big and powerful” oh dear. It’s frozen in place, we can’t change things. BS.

You cant change things because changing things requires effort among like minded people and leadership. And it can easily start at the bottom. You see it much more at the local level, but not as much anymore. Everyone should at least feel like they have skins in the game, but they don’t. Gripe and whine but don’t actually do anything.

When $ starts to get involved is when people start going sideways. Look at localities and how they decide to zone land. Then you get a view into how $ stinks things up. Profiting from getting elected, not for your skills in local issues and leadership, but skills in deal making when the capitalist comes to make a profit and convinces the elected official to fix something for a payment. If we want change in the current system, transparency on the local levels has to be called out as well. Preferably by the local press. I personally like the capitalist, but not when he makes money bribing local officials to do his dirty work.

Money is always involved.

boutons_deux
10-27-2019, 11:14 AM
We had a balanced budget until 9/11 then somehow despite having the largest standing military in history we had to go into massive debt in order to beat a bunch of cave dwellers in Afghanistan

... evidence added to the case against the MIC that it is totally corrupt.