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US budget deficit highest in 6 years

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posted on Oct, 16 2018 @ 09:58 PM
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originally posted by: Bluntone22
We are spending way too much money.

Despite taking in record revenues and a booming economy, the deficit is increasing.
Now to be fair, disaster relief spending is way up because of hurricanes and massive fires.

"Federal revenue rose only slightly, by $14 billion after Republicans chopped tax rates for corporations and most individuals. Outlays climbed by $127 billion, or 3.2 percent. A spike in defense spending, as well as increases for Medicaid, Social Security and disaster relief, contributed to the increase."

Before everybody hammers trump along on this one let's not forget that Obama doubled our national debt.

As a country it's time to start squeezing nickles until the buffalo farts.
It's going to happen one way or another so let's get it done now.

www.cnbc.com...

But the deficit went down each of Obama's last 4 years after cleaning up Bush;s mess. Instead of improving on that Trump is doubling down to directly give money to the elite class. You are all idiots to be ok with this and don't even qualify as proper Republicans.




posted on Oct, 16 2018 @ 10:03 PM
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a reply to: sligtlyskeptical

No one even knows what they are saying anymoee they just parrot what they think sounds good



posted on Oct, 17 2018 @ 08:42 AM
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a reply to: Bluntone22

We need to cut entitlements. It would be political suicide so no one will do it.



 
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