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To: Rome2000

I’m reading here and there that the US took in about 3.3 trillion in all revenue in 2016.

They spent about 3.8 trillion.

The deficit was a half trillion, 500 billion, so that was about what was borrowed.

That’s less than 15% last year of expenditures

Cut 500 billion in spending and why does there need to be a debt increase?

Someone explain why the government must shut down if you decide not to spend as much?


56 posted on 04/24/2017 5:13:07 AM PDT by xzins (Retired US Army chaplain. Those who truly support our troops pray for their victory.)
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To: xzins
500 billion, so that was about what was borrowed.

That was what Carson said was missing at HUD. No outrage over that either. The Government is a Criminal enterprise.

68 posted on 04/24/2017 10:48:50 AM PDT by itsahoot (As long as there is money to be divided, there will be division.)
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To: xzins

The chart shows Obama shifted 500 billion from defense to the HHS budget.

My understanding is that this is not a debt ceiling increase vote but an actual budget, which needs to be approved in order for the Feds to be authorized to spend money.

The way around that is to pass a continuing Resolution in order to stay open, but Trump doesn’t play that game.

http://www.natlawreview.com/article/government-shutdown-looms-current-continuing-resolution-expires-friday-white-house


73 posted on 04/24/2017 12:17:32 PM PDT by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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