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KelleyKramer

(8,982 posts)
Wed Oct 17, 2018, 01:50 AM Oct 2018

Budget Deficit Soars To 6-Year High Under President Donald Trump - The Last Word - MSNBC



Budget Deficit Soars To 6-Year High Under President Donald Trump | The Last Word | MSNBC


Thanks in large part to the Republican tax cuts, the budget deficit increased 17% over last year to $779 billion. Bruce Bartlett tells Ali Velshi Republicans want deficits because it serves their real goal: cutting government. Austan Goolsbee joins.





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Budget Deficit Soars To 6-Year High Under President Donald Trump - The Last Word - MSNBC (Original Post) KelleyKramer Oct 2018 OP
From Trump and the Republicans being in control, again duforsure Oct 2018 #1
Hmmm, Let's see here blue-wave Oct 2018 #2
Every DU'er should watch this from 6 mins on. FINALLY, it's said what we've known for years ffr Oct 2018 #3

duforsure

(11,885 posts)
1. From Trump and the Republicans being in control, again
Wed Oct 17, 2018, 05:40 AM
Oct 2018

Now McConnell is openly now saying they'll destroy Medicaid , Medicare, and Social Security to pay for the wealthy tax cuts the wealthy bribed the GOP to give them , and it shows once again trump is a liar. W Bush did this too , and robbed from the middle class and poor to give the wealthy more tax breaks for life, leaving us to pay for them. Vote people! They planed to do this to seniors all along.

blue-wave

(4,362 posts)
2. Hmmm, Let's see here
Wed Oct 17, 2018, 11:49 AM
Oct 2018

Give mega tax breaks to the already mega-wealthy with money the country does not have: Done


Budget deficit will soar: Done


Rob from the meager retirements (Social Security) and health care (Medicare) of the elderly to "solve" the orchestrated "deficit crisis": Done (almost)


Guess which party is in power? Done

ffr

(22,671 posts)
3. Every DU'er should watch this from 6 mins on. FINALLY, it's said what we've known for years
Wed Oct 17, 2018, 12:27 PM
Oct 2018

Not just that the annual budget deficits would be eliminated, but that the entire public debt of the U.S. would have...

THINK ABOUT THAT FOR A MOMENT. I'll just add, where would we be as a nation if our entire U.S. public debt be $0.00????? What would your income tax rate have been for 2010 and every year thereafter with a government budget that was sustainably taking in exactly what it was spending?

You
guessed
it,

your annual tax burden would be almost nothing if Bill Clinton's budgets and income tax structure hand not been ruined by illiberal Republicans.

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