Isn’t this “doing something about it”? And from other threads, I thought liberals were complaining about the national debt for the first time ever.
zantax:Nope. And neither will the US if things keep going as they are.
Perhaps we shouldn’t have passed a piece of legislation that dropped our tax revenue as a percentage of GDP by a full percentage point?
There was no drop in federal tax revenue.
It’s actually fairly easy to test when Trump is lying. Just see if his mouth is moving and words are coming out.
Pretty much any politician.
NuffSaid: Paul_Thomson:It’s not possible to have a booming economy and a national emergency at the same time? Who would have known?
What national emergency?
See the national debt. I know my company wouldn’t be handing out giant pay raises with that much red ink on the books.
Well, the corona virus reality may be a lot worse than they are telling you.
zantax: NuffSaid: Paul_Thomson:It’s not possible to have a booming economy and a national emergency at the same time? Who would have known?
What national emergency?
See the national debt. I know my company wouldn’t be handing out giant pay raises with that much red ink on the books.
Well, the corona virus reality may be a lot worse than they are telling you.
Fox News told me that liberals are to blame.
Fox News told me that liberals are to blame
You are obviously mischaracterising the facts there.
There was no drop in federal tax revenue.
There was a drop in revenue as a percentage of GDP. We brought in at least $200 billion less than we otherwise would have under the previous tax code. It was by far the largest contributor to the increase in the deficit in FY2018.
You should be more concerned about those who lied to you about Trump colluding with the Russians. These people want to destroy America and rape you of your Freedom.
zantax:There was no drop in federal tax revenue.
There was a drop in revenue as a percentage of GDP. We brought in at least $200 billion less than we otherwise would have under the previous tax code. It was by far the largest contributor to the increase in the deficit in FY2018.
Nope, like I said there was no drop in federal tax revenue. And no, you don’t get to pretend that the additional revenue coming in due to the tax cuts and regulatory relief would still be there to tax if that tax relief had never happened. Revenue isn’t the problem, spending is.
Nope, like I said there was no drop in federal tax revenue. And no, you don’t get to pretend that the additional revenue coming in due to the tax cuts and regulatory relief would still be there to tax if that tax relief had never happened. Revenue isn’t the problem, spending is.
^ Doesn’t understand baselines and math.
Federal workers were slated for a 2 percent raise as of January 2021. President Donald Trump on Monday justified a smaller-than-anticipated proposed pay raise for civilian federal workers by citing “national emergency or serious economic conditions,” despite his frequent statements that the nation’s economy is booming.
So which is it? Best record economy ever or is it in a national emergency crisis?
This is typical Trump dealing. Sign a Contract, make an agreement to pay people for work done, then back out of the deal. Only federal employees cannot sue the federal government for promised pay can they?
Trump doesn’t lie.
zantax:Nope, like I said there was no drop in federal tax revenue. And no, you don’t get to pretend that the additional revenue coming in due to the tax cuts and regulatory relief would still be there to tax if that tax relief had never happened. Revenue isn’t the problem, spending is.
^ Doesn’t understand baselines and math.
Sure I do, there are two sides to the debt equation. Put the federal government back in the constitutional chains that used to bind it and spending can be drastically reduced.
White House Office of Management and Budget acting director Russell Vought acknowledged that Congress has a history of ignoring the President’s spending proposals.
“They have certainly ignored this President’s savings proposals for the first three years. That may very well continue this year. But it would be unfortunate,” Vought told reporters at a briefing Monday afternoon.
The senate has already reported it wont even bother looking at the presidents budget as its already doa