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12-01-2018, 01:52 PM #11
LOL!! Out-dated uninformed DemoQuackery articles are not good sources of information. I thought whoever was saying "Republicans plowed us further into debt" actually had some facts to base their claim on.
Apparently ..... NOT.
Less than a year into the Trump and Republicans tax cut program, the largest tax cut in US history they say, the US government is already collecting more revenue than it did before the tax cuts. So Republicans did not plow us further into debt because of the wonderful tax cuts that not only are already delivering more tax revenue, they've helped increase GDP, they've kept industry in the US, they've brought new industry back into the US, they've created good jobs, they've increased the net expendable income of hundreds of millions of Americans whether working or retired, made if much easier for business to expand, both large and small businesses, and have been a wonderful thing for the American People. We still need to make the personal income tax cuts permanent and continue to work on getting rid of some more taxes like capital gains and the whole estate tax, but we don't have the votes for it now and won't for a long time, so we did what we could do and it was a good thing, not a bad thing.
Hey, if anyone out there knows what Republicans did to "plow us further into debt", please do let us know.Last edited by Judy; 12-01-2018 at 01:55 PM.
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12-01-2018, 01:53 PM #12
Under Trump's watch, national debt tops $21 trillion for first time ever
By KATHRYN WATSON CBS NEWS March 17, 2018, 10:41 AM
About a year ago, President Trump pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury.
The landmark comes shortly after Congress passed, and Mr. Trump signed, a suspension on the federal debt limit last month, allowing the government to borrow an unlimited amount of money until March 1, 2019.
When Mr. Trump took office on Jan. 20, 2017, the national debt was $19.9 trillion, according to U.S. Treasury data. Since then, the GOP-led Congress has passed a $1.5 trillion tax cut bill and a two-year spending deal which, together, are expected to drive the deficit and debt further upward. The Committee for a Responsible Federal Budget estimates annual deficits could top $2.1 trillion per year in the next decade, which would send the national debt soaring even higher.
Republicans railed against the national debt level under the Obama administration, when it jumped from $10.6 trillion to $19.9 trillion, nearly doubling, but few have been as outspoken about the situation with Republicans controlling Capitol Hill and the White House. Sen. Rand Paul, R-Kentucky, held up the spending bill last month on the Senate floor, blistering Republicans for doing exactly what they had criticized the Obama administration for doing.
"I ran for office because I was critical of President Obama's trillion-dollar deficits," Paul said at the time. "Now we have Republicans hand-in-hand with Democrats offering us trillion-dollar deficits."
Sen. Bob Corker, R-Tennessee, called the national debt the "greatest threat to our nation" when it exceeded $20 trillion for the first time in September.
Senator Bob Corker
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Greatest threat to our nation is our inability to get our fiscal house in order. My statement on the national debt: http://bit.ly/2xXmjvF .
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But the ever-increasing national debt isn't a frequent topic for Mr. Trump, and when it does come up, he doesn't seem too concerned. He's said he's open to eliminating the debt ceiling entirely.
© 2018 CBS Interactive Inc. All Rights Reserved.
https://www.cbsnews.com/news/under-d...rst-time-ever/"The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**
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12-01-2018, 01:55 PM #13
Trump is not a fiscal conservative. That's just a fact that can't be denied.
"The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**
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12-01-2018, 01:56 PM #14A Nation Without Borders Is Not A Nation - Ronald Reagan
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12-01-2018, 02:01 PM #15
duplicate.
Last edited by Judy; 12-01-2018 at 02:07 PM.
A Nation Without Borders Is Not A Nation - Ronald Reagan
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12-01-2018, 02:03 PM #16
duplicate.
A Nation Without Borders Is Not A Nation - Ronald Reagan
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12-01-2018, 02:04 PM #17A Nation Without Borders Is Not A Nation - Ronald Reagan
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12-01-2018, 02:06 PM #18
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12-01-2018, 02:10 PM #19
Okay, I'll go slow.
What
did
Republicans or Trump
do
to
cause
the
growth
in
deficits/national debt?
Please
be
specific.
If you don't know, because it's not in the talking points memo, it's okay.A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn
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12-01-2018, 02:22 PM #20
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