Trump First Annual Budget Deficit Rises to a Six Year High

[FollowTheWay]

Bloomberg - Are you a robot?
This is Trump's economics taking us DOWN.

The U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012 amid tax cuts and spending increases.

The budget gap for the 12 months through September was 17 percent wider than the same 12-month period a year earlier, as spending rose 3.2 percent and revenue gained just 0.4 percent, according to a Treasury Department report released Monday. The deficit as a share of total economic output was 3.9 percent in fiscal 2018, up 0.4 percentage point from the prior year. The government’s fiscal year runs from Oct. 1 to Sept. 30.

 

[Revmitchell]

Tax cuts spur the economy much more than the omnibus spending of obama who lied about shovel ready jobs it was supposed to go to.

Much needed spending increase to rebuild the mitary obama destroyed

 

[FollowTheWay]

Tax cuts spur the economy much more than the omnibus spending of obama who lied about shovel ready jobs it was supposed to go to.

Much needed spending increase to rebuild the mitary obama destroyed

There's no evidence to support that. In fact, the deficit run by the Trump administration proves the opposite. Taxes were cut and the deficit went way up.

 

[InTheLight]

It is early. But it doesn't look good so far. Tax receipts are not higher with the tax cuts. April is the only month with higher tax receipts, but April is heavy volume because people are paying taxes owed from completing their tax filings from the previous year.

 

[Revmitchell]

There's no evidence to support that. In fact, the deficit run by the Trump administration proves the opposite. Taxes were cut and the deficit went way up.

Again, you just make stuff up when you have nothing else. Just like a good DNC operative

 

[church mouse guy]

The Dems want big government and the public destitute just like it was when they owned the plantations.

We must cut government spending at all levels of government.

If the Dems win the House, they will impeach and destroy the economy.

 

[Yeshua1]

Bloomberg - Are you a robot?
This is Trump's economics taking us DOWN.

The U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012 amid tax cuts and spending increases.

The budget gap for the 12 months through September was 17 percent wider than the same 12-month period a year earlier, as spending rose 3.2 percent and revenue gained just 0.4 percent, according to a Treasury Department report released Monday. The deficit as a share of total economic output was 3.9 percent in fiscal 2018, up 0.4 percentage point from the prior year. The government’s fiscal year runs from Oct. 1 to Sept. 30.

Big chunk of that would be for the over a trillion dollarsspent for public works liek roads and bridge sthe Dems wanted!

 

[InTheLight]

Big chunk of that would be for the over a trillion dollarsspent for public works liek roads and bridge sthe Dems wanted!

I don'tthunk ewe know what your seying.

 

[Yeshua1]

I don'tthunk ewe know what your seying.

The Congress approved for the 1 trillion dollar public works in the Budget!

 

[FollowTheWay]

Big chunk of that would be for the over a trillion dollarsspent for public works liek roads and bridge sthe Dems wanted!

Nope. Prove it. Trump has talked a lot about rebuilding the infrastructure but like almost everything else has done nothing.

 

[Revmitchell]

Nope. Prove it. Trump has talked a lot about rebuilding the infrastructure but like almost everything else has done nothing.

Either you are greatly misinformed or you are just lying. The idea that Trump has done nothing is absurd. You have been on here crying about his deregulation and then you post that he has done nothing.

 

[FollowTheWay]

Either you are greatly misinformed or you are just lying. The idea that Trump has done nothing is absurd. You have been on here crying about his deregulation and then you post that he has done nothing.

I'm not crying about anything except for America which has gone down significantly in the eyes of the rest of the world due to "electing (?)" Trump. I also cry for Christ's church which has been terribly hurt by "Evangelical Christians'" support for Trump. BTW, I meant Trump has done nothing good. He's done a lot of negative things.

 

[Revmitchell]

I'm not crying about anything except for America which has gone down significantly in the eyes of the rest of the world due to "electing (?)" Trump. I also cry for Christ's church which has been terribly hurt by "Evangelical Christians'" support for Trump. BTW, I meant Trump has done nothing good. He's done a lot of negative things.

Nothing true about this post.

 

[InTheLight]

BTW, I meant Trump has done nothing good. He's done a lot of negative things.

He's had a face-to-face meeting with Kim Jon Un.
Not good in your book?

He's gotten a new trade deal with Mexico and Canada.
No good?

He's gotten NATO countries to admit they need to pay more to support NATO.
No good?

He's gotten the release of three hostages from North Korea and just this week got a pastor released from a Turkish prison.
He expelled dozens of Russian diplomats, instituted fresh sanctions on high ranking Russian officials.
He has swiftly and decisively used force against Syria in response to that government's use of chemical weapons.
He held the first ever US government summit on religious freedoms and established an international religious freedom fund.

 

[church mouse guy]

I'm not crying about anything except for America which has gone down significantly in the eyes of the rest of the world due to "electing (?)" Trump. I also cry for Christ's church which has been terribly hurt by "Evangelical Christians'" support for Trump. BTW, I meant Trump has done nothing good. He's done a lot of negative things.

Quit attacking Evangelicals without specifics. They are a tiny minority. Trump was elected, it is just that Hillary is a sore loser. America is standing tall in the world as the world sees a strong American in charge instead of the weak, lead from way behind back there Obama. No one in the world misses Obama except those who hate the USA. Trump is rebuilding the military to challenge China's attempt to confront us in Asia. Even Russia appreciates someone standing up to China.

 

[Yeshua1]

I'm not crying about anything except for America which has gone down significantly in the eyes of the rest of the world due to "electing (?)" Trump. I also cry for Christ's church which has been terribly hurt by "Evangelical Christians'" support for Trump. BTW, I meant Trump has done nothing good. He's done a lot of negative things.

You would prefer the "Chriatians" who supported gay marriages and abortions to those of us who are against those things? And who cares what rest of the world thinks about us, as the former president always made us look bad, and the nations just mocked and laughed at us!

I do not think Isis and North Korea laughs at us now!

 

[FollowTheWay]

He's had a face-to-face meeting with Kim Jon Un.
Not good in your book?

He's gotten a new trade deal with Mexico and Canada.
No good?

He's gotten NATO countries to admit they need to pay more to support NATO.
No good?

He's gotten the release of three hostages from North Korea and just this week got a pastor released from a Turkish prison.
He expelled dozens of Russian diplomats, instituted fresh sanctions on high ranking Russian officials.
He has swiftly and decisively used force against Syria in response to that government's use of chemical weapons.
He held the first ever US government summit on religious freedoms and established an international religious freedom fund.

The meeting with Kim Jon Un was in the Korean dictator's self interest. For years he's been trying to get respect by having an American leader meet with him. This would be like the leader of Israel meeting with the leader of Iran and getting nothing done. The person who is moving towards real peace is the President of S. Korea.

 

[FollowTheWay]

Quit attacking Evangelicals without specifics. They are a tiny minority. Trump was elected, it is just that Hillary is a sore loser. America is standing tall in the world as the world sees a strong American in charge instead of the weak, lead from way behind back there Obama. No one in the world misses Obama except those who hate the USA. Trump is rebuilding the military to challenge China's attempt to confront us in Asia. Even Russia appreciates someone standing up to China.

81% of white evangelicals voted for Trump. The SBC was solidly behind him including Franklin Graham and Jerry Falwell Jr. supported him.

 

[Earth Wind and Fire]

The Dems want big government and the public destitute just like it was when they owned the plantations.

We must cut government spending at all levels of government.

If the Dems win the House, they will impeach and destroy the economy.

Where do you want to cut?

 

[church mouse guy]

81% of white evangelicals voted for Trump. The SBC was solidly behind him including Franklin Graham and Jerry Falwell Jr. supported him.

Don't people have a legal right to vote the way they want? The SBC is a hot mess--if they have any leadership anymore, it is not political. Franklin Graham is a para-church organization and Falwell is a Fundamentalist, and they have no denominational structure. These minorities are vastly outweighed by the liberal churches such as the extremely wealthy Episcopal Christ Church Cathedral in downtown Indianapolis where more illegal immigration is encouraged perhaps to help their benefactor Lilly Corporation with lower labor costs.

The main problem that Dems have is that Hillary had taken so much money over the years and had told so many lies that no one wanted her in the White House. Her husband Bill Clinton is guilty of extreme sexual abuse and yet he walks around totally free. Probably the overwhelming number of ecclesial endorsements, including Pope Francis, went to Hillary.