Off-Topic: Out Of Control
(Lake Berkley Specific)
1 messages
Updated 2/16/2011
Lakes Online Forum
83,600 messages
Updated 4/24/2024 10:58:24 AM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Lake Berkley Specific)
1 messages
Updated 2/16/2011
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
GoneFishin
-
|
Subject:
|
Out Of Control
|
Date:
|
2/12/2019 8:02:37 PM
|
|
I was looking forward to a REDUCTION rather than an INCREASE….Why a budget with a deficit? Tax reduction was to increase revenue.
President Trump is proposing a $4 trillion-plus budget that projects a $1 trillion or so federal deficit. AP's Economic Reporter Josh Boak says the plan is like a 'Christmas list, a wish list' that amounts amounts to a 'massive bet'. (Feb. 12) AP
WASHINGTON – The national debt surpassed $22 trillion for the first time on Tuesday, a milestone that experts warned is further proof the country is on an unsustainable financial path that could jeopardize the economic security of every American. The Treasury Department reported the debt hit $22.012 trillion, a jump of more than $30 billion in just this month. The national debt has been rising at a faster rate following the passage of President Donald Trump’s $1.5 trillion tax-cut package a little more than a year ago and as the result of congressional efforts to increase spending on domestic and military programs. The nation has added more than $1 trillion in debt in the last 11 months alone.
|
|