2020 ELECTION/DEFICIT/JOE BIDEN/MEDIA/SOCIAL SECURITY/TRUMP AS PRESIDENT: “Biden Sought ‘Grand Bargain’ to Reduce Deficit Through Cuts to Social Security https://breitbart.com/2020-election/2020/10/20/joe-biden-sought-grand-bargain-to-reduce-deficit-through-cuts-to-social-security/ via @BreitbartNews Joe Biden pushed hard to CUT YOUR SOCIAL SECURITY. If elected, he will do it again. I won’t, never!!!“ ––Donald Trump, Twitter.com, October 21, 2020 1:50 am […]
Category: Deficit
4/11/2019
BUDGET/DEFICIT/TRUMP AS PRESIDENT: “Here’s a headline you might have missed amid the onslaught of news about Julian Assange, William Barr, Nipsey Hussle and Michael Avenatti: ‘US budget deficit running 15% higher than a year ago.’ The story cites this monthly report from the Treasury Department detailing these few eye-popping facts: 1) The budget deficit grew […]
3/1/2019
CONGRESS/DEFICIT/ECONOMY/TRUMP AS PRESIDENT: “The self-described ‘king of debt’ is about to get religion. In the next several months, the Trump administration faces several big spending and budget showdowns with Congress. And after mostly brushing off deficit concerns while pushing through a costly tax-cut plan, the White House now plans to reposition itself as an unlikely […]
10/20/2018
DEFICIT/ELECTION/TAXES/TREASURY/TRUMP AS PRESIDENT: “U.S. President Donald Trump said the administration was studying a tax cut for middle-income earners that could be rolled out some time around the beginning of November, just before pivotal congressional elections. Trump mentioned the proposed tax cut in the same week the U.S. government ended the 2018 fiscal year with a […]
10/17/2018
BUDGET/CABINET/DEFICIT/MILITARY/SPENDING/TRUMP AS PRESIDENT: “U.S. President Donald Trump, faced with a budget deficit at a six-year high, on Wednesday [10-17-18] told his Cabinet to come up with proposals to cut spending by their agencies by 5 percent, but he suggested the military would be largely spared…The administration is beginning to pull together plans for the president’s […]
10/15/2018
DEFICIT/GOP/SPENDING/TAXES/TREASURY/TRUMP AS PRESIDENT: “President Donald Trump’s first full fiscal year in office has produced the nation’s largest budget shortfall in six years, according to Treasury Department data released Monday [10-16-18]. The U.S. deficit widened in fiscal 2018 to $779 billion, which is $113 billion more than the previous year, according to the Treasury’s widely anticipated […]
6/29/2018
DEFICIT/FEDERAL RESERVE/TRUMP PEOPLE: “President Donald Trump’s top economic adviser said he hoped the Federal Reserve would raise interest rates ‘very slowly,’ breaking with a 25-year White House precedent of generally refraining from commenting on monetary policy. Lawrence Kudlow, the director of the National Economic Council, made the comments Friday [6-29-18] morning during an interview on […]
4/11/2018
BUDGET/DEFICIT/SPENDING/TRUMP AS PRESIDENT: “The U.S. government’s budget deficit widened in the first half of its fiscal year as spending rose faster than revenue compared with the first six months of fiscal 2017. The deficit, or the difference between the amount of money the government spent and what it took in, stood at $599.71 billion in […]
4/9/2018
DEFICIT/ECONOMY/TAXES/TRUMP AS PRESIDENT: “The massive tax cuts signed into law in December, which Republicans said would pay for themselves, will balloon the U.S. deficit in years ahead, the Congressional Budget Office said on Monday [4-9-18], possibly hobbling President Donald Trump’s future agenda. The deficit – the amount that Washington’s spending exceeds its revenues – will […]