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In 6 Months Since Budget Deal: Debt Up More Than $1 Trillion
CNS ^ | May 2, 2016 | Terence P. Jeffrey

Posted on 05/02/2016 7:14:18 PM PDT by xzins

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1 posted on 05/02/2016 7:14:18 PM PDT by xzins
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To: All

I think the Republican leadership needs to take a bow!

What a great example!


2 posted on 05/02/2016 7:14:59 PM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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To: xzins

Why the purge must begin.


3 posted on 05/02/2016 7:15:42 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: xzins

Oh, dear, I think debt growth has reached an exponential phase.

We don’t have much of a chance to turn this ship around—if anyone can do it, it would be someone like Trump.


4 posted on 05/02/2016 7:16:25 PM PDT by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: exDemMom

With Trump we have an actual chance of growing our way out of debt although it still will require some fiscal discipline.


5 posted on 05/02/2016 7:20:54 PM PDT by palmer (Net "neutrality" = Obama turning the internet over to foreign enemies)
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To: exDemMom; Secret Agent Man

Over a trillion in just 6 months.

It is mind blowing.


6 posted on 05/02/2016 7:22:02 PM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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To: xzins

No worries Mr. Trump will wipe out the debt in his first term with savings from the Medicare/Medicaid drug program.


7 posted on 05/02/2016 7:24:09 PM PDT by jwalsh07
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To: xzins

I’d like to see a breakdown of where $1T goes in just 6 months.

This is terrible - I thought we hit the point of no return at $16T.


8 posted on 05/02/2016 7:24:59 PM PDT by CottonBall
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To: xzins

No one fights against it. Hence, the purge.


9 posted on 05/02/2016 7:30:34 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: CottonBall

I think I read the point of no return is $24 trillion
But geez, I can’t figure out why anyone would really want to be the engineer on a runaway train
Aka POTUS


10 posted on 05/02/2016 7:32:08 PM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: xzins

So what did Mccriminal and boner think would happen when they took the lid off of debt spending?

Isn’t going to be pretty when the debt bubble pops.


11 posted on 05/02/2016 7:33:06 PM PDT by alpo (Resist we much)
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To: xzins

The truth is no one has any idea who is spending this money and what it is being spent for.

Simple Cloward Piven strategy writ large on the financial arena.

That is why the debt limit is suspended until March 15, 2017.

This was not a two year deal. It was an 18 month deal.

And, at this rate, with no check in site, they will burn through another two trillion dollars by March 15. 2017.

The political class which has run things for the last 25 years has brought this nation to the brink of ruin.

No money, no jobs, racial tension, invasion by illegals, and the collapse of a moral society.

All brought to you by the professional politicians of both parties, who have impoverished us, but enriched themselves and their cronies in the process.

We are at the threshold of being the same society described in Atlas shrugged.

What awaits us is a tremendously painful financial reset that will make the Great Depression look tame by comparison.

Donald Trump is the nation’s only hope of surviving such a catastrophe.

Yes, it is that serious.


12 posted on 05/02/2016 7:33:46 PM PDT by exit82 (Road Runner sez:" Let's Make America Beeping Great Again! Beep! Beep!")
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To: xzins

Lyin Paul Ryan is the proud papa of this mess.


13 posted on 05/02/2016 7:38:24 PM PDT by Trumpnado2016
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To: jwalsh07

It will have to be more cuts than just two programs. It will have to be across the board and with an increase in income.


14 posted on 05/02/2016 7:38:52 PM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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To: xzins

Way to go Ryan and the rest of you rats. Killing us and future generations in America. You must be so proud.


15 posted on 05/02/2016 7:39:29 PM PDT by vpintheak (Freedom is not equality; and equality is not freedom!)
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To: Trumpnado2016

Just ask the media, Ryan is a frickin’ budget, financial genius.

/sarc


16 posted on 05/02/2016 7:39:59 PM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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To: CottonBall

$500,000,000 went to the UN climate change fund.


17 posted on 05/02/2016 7:42:03 PM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: jwalsh07

Have you ever wondered why someone doesn’t just say, “Well last year we overspent. Everyone is to expect 7% less this year....everyone. If you got 100 last year, then you’re getting 93 this year.

If you got 100 billion, you’re getting 93 billion.

Ok. Go make it happen.


18 posted on 05/02/2016 7:42:20 PM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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To: palmer; RushIsMyTeddyBear; metmom; CynicalBear; SkyPilot; tuffydoodle; tang-soo; righttackle44; ...

I’m afraid even then the spiraling debt is out of control.

You could get rid of the entire Federal Gov’t and the military tomorrow and it would not stop. And that’s not going to happen.

At $2 Trillion a year, there’s something gonna go boom.

Prepare as best you can, is my advice. And I always pass along John 3:17-18 to all who care because there are always thread lurkers reading and not posting.


19 posted on 05/02/2016 7:46:03 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: xzins

It gets really scary to think about when you consider that the total national debt didn’t reach $1 trillion until 1980.


20 posted on 05/02/2016 7:48:26 PM PDT by Catmom (We're all gonna get the punishment only some of us deserve.)
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