Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: gattaca

This doesn’t comport with all the stories we’ve read this winter and spring about the govt (i.e. President Trump) not spending allocated monies and the debt reducing itself. Wonder if all those were a lie and this is true or vice versa?


7 posted on 06/30/2017 2:48:37 AM PDT by major-pelham
[ Post Reply | Private Reply | To 1 | View Replies ]


To: major-pelham

There was no “balanced CR” or “surplus”...just “moving the deck chairs around on the Titanic” to avoid the last debt ceiling in March (creative accounting & stopped payments):

https://www.usatoday.com/story/news/politics/2017/03/09/trump-administration-warns-upcoming-debt-limit/98964462/

We/The Feds/Mr. Trump are still running $400-$500 billion yearly deficits.


9 posted on 06/30/2017 3:08:10 AM PDT by Drago
[ Post Reply | Private Reply | To 7 | View Replies ]

To: major-pelham
This doesn’t comport with all the stories we’ve read this winter and spring about the govt (i.e. President Trump) not spending allocated monies and the debt reducing itself.

Thank you! I thought either I was the only one who read those same reports or I was going nuts.

According to the reports I read, the reductions in federal spending already mandated by EO via President Trump has actually brought the National Debt DOWN for the first time in what, decades?

Granted, that reduction was "only" $12,00,00,000,000 but it's significant because it means the FedGov is taking in MORE than it's SPENDING.

BULLSHIT the FedGov is risking default!

Thank you for your post!

22 posted on 06/30/2017 4:28:27 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson