U.S. budget deficit running over 40 percent higher than last year. Federal spending up 10%.

Ignorant, dumb-ass comment!

Balance the federal budget 'fairly quickly'

"It can be done. ... It will take place and it will go relatively quickly. ... If you have the right people, like, in the agencies and the various people that do the balancing ... you can cut the numbers by two pennies and three pennies and balance a budget quickly and have a stronger and better country."

--Donald Trump campaign promise

The federal budget deficit in December totaled $13.5 billion, helping to push the deficit for the first three months of this budget year up 41.8 percent from the same period the previous year.

The Treasury Department said Wednesday that the budget deficit from October through December totals $318.9 billion, up from a deficit of $225 billion for the same three months in the previous year.

So far this budget year, tax revenue is up a tiny 0.2 percent, reflecting the impacts of the tax cuts passed in 2017. Spending is up 9.6 percent.

Total government receipts were $771.2 billion for the first three months of this budget year, a gain of 0.2 percent. Outlays totaled $1.09 trillion, up 9.6 percent from the first three months of the 2018 budget year.

[link to www.pbs.org (secure)]

Balance the federal budget 'fairly quickly'

"It can be done. ... It will take place and it will go relatively quickly. ... If you have the right people, like, in the agencies and the various people that do the balancing ... you can cut the numbers by two pennies and three pennies and balance a budget quickly and have a stronger and better country."

--Donald Trump campaign promise

Trump also said he would “freeze the budget,” which has obviously not happened.

The program Trump promised to repeal and replace?

...he also said Mexico would pay for the wall...

Here it comes....

Thread: The Trump Economy: Terminal Collapse. Mass homelessness. Mass unemployment. Statistical tomfoolery.

Exactly. We build the wall, we stop mexico gaining billions in drug trafficking and we cut our spending of 300 billion in illegals coming into our country.

What's really scary is that this is the first time in history when we were not at war where the economy is expanding while the deficit is dramatically increasing.

If the economy slows are we enter a recession, the deficit accelerates even more, national debt and interest on that shoots up and we could be looking at collapse and default.

This is serious shit. Are there really any deficit hawks left?

All the same retards that cried about the deficit under Obama now saying it doesn't matter cause their great white hope is in office. LOL talk about some cucks with zero integrity.