Budget deficit smashes $1 trillion mark

Wonder how many Trump supporters thought Trump could increase the deficit 400 billion dollars a year and still not get a 25 billion dollar wall:cool:

https://www.washingtonexaminer.com/...ding-amid-environmental-lawsuit-against-trump

Three border wall projects reportedly canceled due to lack of funding amid environmental lawsuit against Trump

by Ellie Bufkin
| September 14, 2019

The Trump administration reportedly canceled three projects to build parts of the barrier wall at the U.S. southern border in Arizona and California.

A Friday court filing by the legal team representing the Trump administration in a civil suit indicated funds for the three construction projects were insufficient to continue building.

The lawsuit, filed against the president and several Cabinet members in February, accuses the administration of illegally declaring a state of emergency in order to obtain funding for the border wall. The Center for Biological Diversity and several other environmental organizations are named as plaintiffs in the case.

"Of the 58 times presidents have previously declared emergencies under the National Emergencies Act, none involved using the emergency powers to fund a policy goal after a president failed to meet that goal through foreign diplomacy (having Mexico pay for the wall) or the congressional appropriations process," the original complaint said. "Never before has a president used the emergency powers granted to him by Congress in such a manner."

The lawsuit calls for the president and his administration to cease construction of the barrier at the southern border, citing concerns for wildlife.
 
Barack Obama spent over $10 trillion with nothing to show for it in his 8 years. Where were these ignorant ET trolls during that time? President Donald Trump spent $150 billion per year for tax cuts that will pay for itself with its stimulus to the economy! The US economy has been its most robust in the past 10 years atleast! More economic growth and US jobs when fair trade deals are signed by the US!
 
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I recalled some left wing or democrat economist said huge deficit was not a problem and blamed Trump for trying to fix it?
 
LacesOut said:
2011 Deficit (Obama) 1.3 trillion
More...


2009 INHERITED deficit 1.2 trillion,which he brought down to 585 billion

Obama inherited a trillion dollar + deficit,Trump increased a 585 billion dollar deficit to a trillion dollar deficit

The economies they inherited were much different as well.There was no need to increase the deficit 400 billion dollars a year with the economy that Trump inherited.
 
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Tony Stark said:
2009 INHERITED deficit 1.2 trillion,which he brought down to 585 billion

Obama inherited a trillion dollar deficit,Trump increased a 585 billion dollar deficit to a trillion dollar deficit

The economies they inherited were much different as well.There was no need to increase the deficit 400 billion dollars a year with the economy that Trump inherited.
More...
LOL.
Tax receipts collapsed under Obama. Thanks Obama.
That’s why you have big budget deficits.
He had 7 trillion in combined budget deficits over the 8 years of his reign.
Worst in US history.

Trumpy May beat him but that’s not yet decided. Unless, of course, you are a complete and total TDS suffering idiot.
 
LacesOut said:
LOL.
Tax receipts collapsed under Obama. Thanks Obama.
That’s why you have big budget deficits.
He had 7 trillion in combined budget deficits over the 8 years of his reign.
Worst in US history.

Trumpy May beat him but that’s not yet decided. Unless, of course, you are a complete and total TDS suffering idiot.
More...

No you dumb fucking moron,tax receipts collapsed under Bush.Thats what happens when you cut taxes and a ressession hits.Same will be the case with Trumps tax cuts.

Tax revenue was 2.52 trillion in 2008 than dropped to 2.1 in 2009 when Bushs ressession hit.Tax revenue was 3.5 trillion when Obama left office.



  • FY 2017 (est.) - $3.460 trillion.
  • FY 2016 - $3.268 trillion.
  • FY 2015 - $3.250 trillion.
  • FY 2013 - $2.775 trillion.
  • FY 2012 - $2.45 trillion
  • FY 2010 - $2.16 trillion.
  • FY 2009- $2.1 trillion.
  • FY 2008 - $2.52 trillion.
  • FY 2007 - $2.57 trillion.
  • FY 2006 - $2.4 trillion.
  • FY 2005 - $2.15 trillion.
  • FY 2004 - $1.88 trillion.
  • FY 2003 - $1.72 trillion.
  • FY 2002 - $1.85 trillion.
  • FY 2001 - $1.99 trilion.
  • FY 2000 - $2.03 trillion
 
LacesOut said:
He had 7 trillion in combined budget deficits over the 8 years of his reign.
Worst in US history.
More...

He inherited a 1.2 trillion dollar a year deficit from Bush,Worst in US history.

Even though he inherited a 1.2 trillion dollar a year deficit,he only left Trump a 585 billion a year deficit which he has increased to 1 trillion,which will be a lot more when a ressession hits and tax revenues drop due to his tax cuts.
 
LacesOut said:
LOL.
Tax receipts collapsed under Obama. Thanks Obama.
.
More...
Bush left office with tax revenues 100 billion higher than when he came into office.


Obama left office with tax revenues 1.4 trillion dollars higher than when he came into office dumb ass.
 
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