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Federal budget deficit running 11.8% higher this year
foxbusiness.com ^ | January 13, 2020 | Associated Press

Posted on 01/15/2020 4:25:40 PM PST by Berlin_Freeper

The U.S. budget deficit through the first three months of this budget year is up 11.8 percent from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy
KEYWORDS: debtbomb; deficit; thefed

1 posted on 01/15/2020 4:25:40 PM PST by Berlin_Freeper
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To: Berlin_Freeper

Pelosi’s fault.


2 posted on 01/15/2020 4:33:13 PM PST by rfp1234
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To: rfp1234

LOL


3 posted on 01/15/2020 4:34:15 PM PST by nickcarraway
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To: Berlin_Freeper

Literally no one in power in Washington cares about the deficit.


4 posted on 01/15/2020 4:43:29 PM PST by PGR88
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To: Berlin_Freeper

Between financing the Wall and rebuilding our military, I’m not surprised. You’ve got to protect your country first.


5 posted on 01/15/2020 4:43:57 PM PST by alicewonders
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To: Berlin_Freeper

As long as President Trump is making new trade deals, making the US energy SELF-SUFFICIENT & building a stronger military defense, to name a few... the rest will fall into place.


6 posted on 01/15/2020 4:55:44 PM PST by existentially_kuffer
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To: alicewonders; All

Despite what the democrats say, the cost of the wall is nothing more than a rounding error in our national security budget. However, it has an enormous impact on our national security.


7 posted on 01/15/2020 5:13:39 PM PST by Cobra64 (Common sense isnÂ’t common anymore.)
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To: Berlin_Freeper

Trump wants to drive the federal reserve notes into the ground then replace them with Treasury issued US Notes backed by gold.

Federal Reserve goes bye-bye.

I know some can’t see that happening, won’t see it as even plausible but such seers couldn’t see Trump winning the election either.

This is 2nd term activity in preparation now.

First Trump needs to pull down the Fed grifters into negative interest rates, then he crashes it and replaces it dollar for dollar with sound US Notes.

In the meantime, there will be no end to being blasted with how we are all going to have our savings, our deposits, our retirements and so on WIPED OUT with the US federal government seizing our funds, etc.

Well, that’s true but ... What happens after the debacle of all debacles is kept quiet. And what happens is the replacement by US Notes that are solid.


8 posted on 01/15/2020 5:36:07 PM PST by Hostage (Article V)
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To: Berlin_Freeper

Both parties have hated the deficit for as long as it has existed. I don’t know what more you can ask.


9 posted on 01/15/2020 5:40:21 PM PST by SaxxonWoods (Epstein pulled a Carradine, the bozo.)
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To: Berlin_Freeper

Hope we dont run out of cash before we bail out CA homeless. Or welcome another record year of ocuppiers from our borders.


10 posted on 01/15/2020 5:47:16 PM PST by momincombatboots (Ephesians 6... who you are really at war with)
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To: SaxxonWoods

Did you forget to end with a sarcasm tag?


11 posted on 01/15/2020 6:32:30 PM PST by Robert DeLong
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To: Berlin_Freeper

And with all that excess money put in circulation, the stock market is ahead by 22%.


12 posted on 01/15/2020 8:26:01 PM PST by entropy12 (You are either for free enterprise or want gov't to protect your wage levels. Can't be both.)
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To: Hostage

Treasuries backed by gold? I like it.


13 posted on 01/15/2020 9:27:06 PM PST by Crucial
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To: Berlin_Freeper

More of it going for good things than in...almost forever...


14 posted on 01/16/2020 2:44:37 AM PST by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
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To: PGR88
Literally no one in power in Washington cares about the deficit.

Not entirely true. Republicans care about the deficit when a Democrat is in the Oval Office. Democrats care about the deficit when a Republican is in the Oval Office. At least they claim they do.

15 posted on 01/16/2020 3:17:50 AM PST by DoodleDawg
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To: Berlin_Freeper

During he 8 years of Obama, how much did he deficit increase


16 posted on 01/17/2020 5:27:02 PM PST by terycarl (Notre Dame was God's way of pointing out that France has fallen from His favor....)
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