The US Government rarely has a balanced budget... (It is unique in that the government prints the money) But as long as your dollar buys you what we all agree is a dollars worth of products or services and the government pays its bills? Things are fine... Joe Biden is … [Read more...] about U.S. Federal Debt to exceed size of Economy….
US Budget
US Budget deficit climbs to almost the last recession level….
President Obama left with the deficit and the countries debt around $500 Billion..... With Trump0 and the Republicans cutting income thru the 2017 tax cut and two years of budget increases with their then majority congress the gap in spending vs revenue has widen by almost … [Read more...] about US Budget deficit climbs to almost the last recession level….
The American Government spends almost a Trillion Dollars MORE than it takes in….
Actually? It's a $984 Billions... Anybody out there have a check book THAT unbalanced? And Trump and Republicans have hinted at a another possible tax cut? The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional … [Read more...] about The American Government spends almost a Trillion Dollars MORE than it takes in….
U.S. deficit to expand by about $800 billion more than previously expected….
The money US over spend's just keeps growing and GROWING...... America’s federal deficit will expand by about $800 billion more than previously expected over 10 years due primarily to two legislative packages approved this year, pushing the nation further into levels of debt … [Read more...] about U.S. deficit to expand by about $800 billion more than previously expected….
A 2 year US budget deal appears to be close …..
There does not appear to be any taste for a government,ent shutdown by the Donald Trump who , in the deal, has to deal with House Democrats led by Nancy Pelosi... The days of Republicans's doing their 'own thing' are over.... Democrat have also had to compromise.... It's … [Read more...] about A 2 year US budget deal appears to be close …..
With their House Majority gone?…Republicans fight among themselves over the next budget…
House Democrats led by House Speaker Nancy Pelosi are NOT going to rubber stamp the HIUGE money increases for the military or give money for a Trump border wall.... They ARE going to hold out for more spending on domestic programs, something Republican do NOT like to … [Read more...] about With their House Majority gone?…Republicans fight among themselves over the next budget…
Republicans worried about possible government default under Trump….
Huge tax cuts.... Trade Wars.... Increased budget spending.... Mushy Economy.... Donald Trump....The guy who loves debt..... America ..... The GOP dysfunction — coupled with a new House Democratic majority with its own priorities — leaves the sides much farther … [Read more...] about Republicans worried about possible government default under Trump….