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The Dark Cloud over the Trump Presidency: Uncontrolled Spending
American Thinker ^ | 03/10/2017 | Steve McCann

Posted on 03/10/2017 10:30:07 AM PST by SeekAndFind

There is an old French adage that applies to the Republicans in Congress and perhaps the Trump Administration: “Plus ca change, plus c’est la meme chose” (“The more things change, the more they stay the same”).   The appetite for ever greater government spending appears to be no different than in previous years.  This uncontrolled addiction, unless reined, in will cast a dark cloud over entire term of the Trump presidency.

Rather than an outright repeal, the hierarchy of the Congressional leadership has just given birth to an amended version of Obamacare that does not eliminate subsidies but recasts them as tax-credits, continues Medicare subsidies to the States, and forwards to the states a gratuitous $100 billion not included in Obamacare, thus perpetuating and accelerating the level of government spending that would have occurred under Obamacare.  (Beyond the spending in the bill, this legislation is essentially an acknowledgment that the Democrats have won the battle and there will be, sooner rather than later, a single payer government run health care system in the United States.

Beyond the spending and other provisions in the bill, this legislation is essentially an acknowledgment that the Democrats have won the battle and there will be, sooner rather than later, a single payer government run health care system in the United States which will assuredly bankrupt the country.   Based on the current per capita cost of the National Health Service in England, the outlay in America when, and if, that day occurs will be in excess of $1.1 Trillion per year (in addition to the current spending on Medicare and Medicaid) or nearly 30% of the current Federal Government budget. 

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: debt; itsokbecausetrump; morenonfactfakenews; spending
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1 posted on 03/10/2017 10:30:07 AM PST by SeekAndFind
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To: SeekAndFind

Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration
http://www.thegatewaypundit.com/2017/03/amazing-us-debt-decreased-60-billion-since-trump-inauguration/

Mar 10th, 2017

On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!

By comparison, under President Obama, the US Debt burden increased by more than $320 billion after his inauguration through March 8th 2009. Obama increased the US Debt by 3.1% during this time period and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ did not kick in till later in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion. Overall Obama doubled the US Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.
...


2 posted on 03/10/2017 10:32:33 AM PST by VitacoreVision
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To: SeekAndFind

Yeah, except that uncontrolled spending by Trump is better than uncontrolled spending by Obama because......well, because Melania is hotter than Michelle, or something.


3 posted on 03/10/2017 10:32:54 AM PST by Eric Pode of Croydon
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To: SeekAndFind

Amen. The issue is not dollars. It is control. With Obamacare the government has absolute control over every physician and medical establishment. It requires absolute detailed documentation of every single activity of the practitioner.
The government owns every detail of your medical life. THIS is not going to change. This is the absolute ultimate invasion of privacy by government and is the foundation of the totalitarian state.
Destroying government control of medical documentation will require destroying government.


4 posted on 03/10/2017 10:36:02 AM PST by Louis Foxwell (The Left has the temperament of a squealing pig.)
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To: Louis Foxwell

That is exactly why they will not repeal Obamacare.
It gives Fedzilla power and the Uniparty eunuchs are there to service Fedzilla, not represent the citizens.
It’s the structure of Obamacare that they are preserving with Ryancare.


5 posted on 03/10/2017 10:39:23 AM PST by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
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To: VitacoreVision

Thanks for posting the reality, versus this non fact/fake news.

Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration
http://www.thegatewaypundit.com/2017/03/amazing-us-debt-decreased-60-billion-since-trump-inauguration/

Mar 10th, 2017

On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!

By comparison, under President Obama, the US Debt burden increased by more than $320 billion after his inauguration through March 8th 2009. Obama increased the US Debt by 3.1% during this time period and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ did not kick in till later in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion. Overall Obama doubled the US Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.

The TDS syndrome must be a terrible disease to put up when a relative or close friend suffers from TDS/24/7!


6 posted on 03/10/2017 10:39:29 AM PST by Grampa Dave ( Obama shredded our constitution with his TrumpTowerGate. Obama is today's Nixon.)
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To: SeekAndFind

Will there be a budget passed for the first time in eight years?


7 posted on 03/10/2017 10:43:15 AM PST by raybbr (That progressive bumper sticker on your car might just as well say, "Yes, I'm THAT stupid!")
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To: SeekAndFind

I’ll make a prediction. Trump growing the debt will be less than every president in a century for his next 8 years in office.


8 posted on 03/10/2017 10:44:12 AM PST by Red Steel
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To: Eric Pode of Croydon
Michelle

You had to bring that up did you not?

Evoke Chubaka

Because she was just nasty to Americans.

I could relate to Mel right off the bat. My Mom is from the same area and reminds me of her. And the way she takes care of her family.....a real WOMAN.

Trump is doing well. He need us to support him all the way.

9 posted on 03/10/2017 10:58:05 AM PST by Uversabound (Our Military past and present: Our Highest example of Brotherhood of Man & Doing God's Will)
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To: Grampa Dave

>>>The TDS syndrome must be a terrible disease to put up when a relative or close friend suffers from TDS/24/7!<<<

The debt falling $60B is a non story. The debt is not static and sometimes goes down. The Treasury Secretary is calling for the debt ceiling to be raised from the current limit of $20T. MAGA ....how when everything is accelerating towards more and more debt? All in an era of extraordinarily low interest rates. What will happen if interest rates are no longer low?


10 posted on 03/10/2017 11:09:58 AM PST by BJ1
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To: BJ1

11 posted on 03/10/2017 11:11:22 AM PST by Grampa Dave ( Obama shredded our constitution with his TrumpTowerGate. Obama is today's Nixon.)
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To: Grampa Dave; VitacoreVision

OK, the Debt went down the first two months of this year.

What I’m interested in is this -— What did Trump do to cause the debt to go down?

It’s important to find the explanation for this because if we know the REASON for the debt decrease, all we need to do is continue doing what we’re doing.


12 posted on 03/10/2017 11:24:45 AM PST by SeekAndFind
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To: BJ1

RE: The debt falling $60B is a non story. The debt is not static and sometimes goes down.

Are you saying that Trump had almost nothing to do with the debt going down?


13 posted on 03/10/2017 11:25:51 AM PST by SeekAndFind
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To: BJ1

RE: The debt falling $60B is a non story. The debt is not static and sometimes goes down

Are you saying that Trump had almost nothing to do with the debt going down and it would have gone down even if Hillary were President?


14 posted on 03/10/2017 11:26:37 AM PST by SeekAndFind
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To: SeekAndFind

I agree.


15 posted on 03/10/2017 11:26:57 AM PST by 9YearLurker
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To: 9YearLurker

RE: I agree.

Do you have any comment on some posters who claim that it would not be a matter of concern because our debt has actually gone down by $68 Billion since Trump’s election?


16 posted on 03/10/2017 11:29:15 AM PST by SeekAndFind
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To: Red Steel

RE: I’ll make a prediction. Trump growing the debt will be less than every president in a century for his next 8 years in office.

I will keep this prediction on file and revisit it this time next year.


17 posted on 03/10/2017 11:30:33 AM PST by SeekAndFind
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To: SeekAndFind

>>>Are you saying that Trump had almost nothing to do with the debt going down and it would have gone down even if Hillary were President?<<<

The outcome matters not if Obama was still president, Hillary or Trump. Trump has been in office only since Jan 20. The income that came in from Q4 taxes is the reason the debt went down. They were due Jan 15ish. Trump wasn’t in office long enough to do anything on the spending side.

The long term projection is more and more debt. We still have baseline budgeting that has automatic increases to spending each year. And the demographics are all wrong for things like social security and medicare.

Trump may or may not succeed on these issues. But at the moment that is an issue to be determined.


18 posted on 03/10/2017 11:34:49 AM PST by BJ1
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To: SeekAndFind

Sure—that wasn’t that much Trump’s doing and most of Trump’s doings are budget busters—ObamaCare Lite entitlements, a big increase at the Defense Dept, Ivanka pushing with COngress on a massive childcare entitlements, a general approach of throwing money at special causes such as, reportedly, $25B for historically black colleges, and so on. None of that supposed spending has kicked in. But as we are seeing with ObamaCare Lite now as soon as any entitlement, such as the expansion of Medicaid, which the new bill continues through 2020, is politically very, very difficult to roll back.


19 posted on 03/10/2017 11:36:16 AM PST by 9YearLurker
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To: SeekAndFind
I wonder if they projected that the debt under Trump's first month or so has gone down by $60 billion or so the same way they are projecting the increases.

Way too many moving pieces that he will be modifying, not to mention what tax reform and other policies will reap, to get all panty-wadded at this time.

20 posted on 03/10/2017 11:37:45 AM PST by trebb (Where in the the hell has my country gone?)
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