Trump and you R's doing a great job indebting our progeny to pay our debts forever....What ever happened to balancing the budget by cutting taxes.....and you keep slurping up a storm.....
in 2007. That number is set to increase to 92 percent by the end of next decade, as well as 144 percent by 2049, the report says. (Andrew Harnik/AP) By Jeff Stein June 25 at 10:41 AM The federal debt is set to rise over the coming decades to the highest levels since World War II, as falling tax revenue and increased spending look likely to worsen the nation’s fiscal outlook, according to a report released Tuesday by the Congressional Budget Office.
In 2019, the debt held by the public is projected to amount to 78 percent of the nation’s gross domestic product, compared with 35 percent in 2007. That number is set to increase to 92 percent by the end of next decade, as well as 144 percent by 2049, the report says.
“That level of debt would be the highest in the nation’s history by far, and it would be on track to increase even more,” the CBO report says. “The prospect of such high and rising debt poses substantial risks for the nation, and presents policymakers with significant challenges.”
Decreasing federal tax revenue is expected to widen the nation’s deficit, particularly in the short term. In 2017, federal tax revenue amounted to 17.3 percent of the nation’s GDP. In 2019, two years after passage of President Trump’s $1.5 trillion tax cut, that number that fell to 16.5 percent.
But spending is the bigger problem in the long term, with the CBO expecting it to rise from 20.7 percent of GDP this year to 27.1 percent by 2049. Much of that increase is driven by higher health-care costs, with ballooning charges and the nation’s aging population expected to drive up spending on Medicare, the nation’s health insurance program for senior citizens.
Blogger KD said... The Arsonist of the Left now want
To rid the nation of goat fucking idiots like you!!!!! Yeah, those tax cuts for the rich and corporations trickled right down to the US Deficit....!!!! Greatt job assholes...!!!!
Just so I’m clear: Dems spend a year saying there is no crisis at the border. Refused multiple opportunities to do something about it. Stripped humanitarian funding OUT of the disaster relief bill. Now blaming Trump.
Just think, if you had a wall, those kids wouldn't have died in the desert
If you didn't have Democrats advising illegal immigrants to bring children to get around the immigration laws you wouldn't have kids dying in the desert either.
Why no guilt Dennis? You supported the policies and rhetoric that directly lead to their deaths.
Just so I’m clear: Dems spend a year saying there is no crisis at the border. Refused multiple opportunities to do something about it. Stripped humanitarian funding OUT of the disaster relief bill. Now blaming Trump.
yup. democrats are always afforded this luxury with the media covering for them.
"If you didn't have Democrats advising illegal immigrants to bring children to get around the immigration laws you wouldn't have kids dying in the desert either.
Why no guilt Dennis? You supported the policies and rhetoric that directly lead to their deaths."
I’m sick of hearing Democrats’ “thoughts” & “sympathy” for children at the border while they do NOTHING to stop the exploitation of children day in and day out by smuggling rings and cartels. These children need more than sympathy. They need ACTION. Now.
Still splashing in puddles in his basement while trying to act like an adult.
3 trolls and still the idiot responds....I love winning against the mentally retarded like you....>Keep posting, it sure helps prove how stupid you are!!!! BWAAAAAAAAAAAAAA!!!!!!!!!!!
Anonymous cowardly king obama said... 3 trolls and still the idiot responds
And now up to 4 and not a single cogent thought from the cowardly asshole.....I WIN AGANI!!!!!!! Perfect for a loser like you....without a measurable IQ!!!! BWAAAAAAAAAAAAAAAA!!!
29 comments:
Picture of the right leaning idiots of the country practicing their right to life mantra Hypocrites all of you!!!!!!......soooooo sad....
https://www.yahoo.com/news/images-drowned-salvadoran-migrant-2-old-child-stir-060523505.html
She is a really good pick.
Trump and you R's doing a great job indebting our progeny to pay our debts forever....What ever happened to balancing the budget by cutting taxes.....and you keep slurping up a storm.....
in 2007. That number is set to increase to 92 percent by the end of next decade, as well as 144 percent by 2049, the report says. (Andrew Harnik/AP)
By Jeff Stein June 25 at 10:41 AM
The federal debt is set to rise over the coming decades to the highest levels since World War II, as falling tax revenue and increased spending look likely to worsen the nation’s fiscal outlook, according to a report released Tuesday by the Congressional Budget Office.
In 2019, the debt held by the public is projected to amount to 78 percent of the nation’s gross domestic product, compared with 35 percent in 2007. That number is set to increase to 92 percent by the end of next decade, as well as 144 percent by 2049, the report says.
“That level of debt would be the highest in the nation’s history by far, and it would be on track to increase even more,” the CBO report says. “The prospect of such high and rising debt poses substantial risks for the nation, and presents policymakers with significant challenges.”
Decreasing federal tax revenue is expected to widen the nation’s deficit, particularly in the short term. In 2017, federal tax revenue amounted to 17.3 percent of the nation’s GDP. In 2019, two years after passage of President Trump’s $1.5 trillion tax cut, that number that fell to 16.5 percent.
But spending is the bigger problem in the long term, with the CBO expecting it to rise from 20.7 percent of GDP this year to 27.1 percent by 2049. Much of that increase is driven by higher health-care costs, with ballooning charges and the nation’s aging population expected to drive up spending on Medicare, the nation’s health insurance program for senior citizens.
The Arsonist of the Left now want credit for calling the morgue to take the dead away.
Good Thing Speaker in Name Only Polosi has the power of the purse and will control future spending.
And will do it with here promised middle income tax cut.
Blogger KD said...
The Arsonist of the Left now want
To rid the nation of goat fucking idiots like you!!!!! Yeah, those tax cuts for the rich and corporations trickled right down to the US Deficit....!!!! Greatt job assholes...!!!!
@RealSaavedra
Ocasio-Cortez in March: The crisis on the southern border "doesn't exist"
Ocasio-Cortez in June: Trump is killing people in "concentration camps"
brain-washed leftists and their media enablers don't notice the difference.
Just look here, they never do.
Good luck to the new press secretary, she'll be directly facing zombie reporters
Anger ,is that the Socialist Democrats show here.
Funny, these kids die and now ???? It's a crisis?
President Trump is Right again.
funny, these kids die and now ????
And you and trump don't give a fuck which you think is funny!!!!!b ....they are just beaners not worth anything!!!!!
@HolmesJosh
Just so I’m clear: Dems spend a year saying there is no crisis at the border. Refused multiple opportunities to do something about it. Stripped humanitarian funding OUT of the disaster relief bill. Now blaming Trump.
Just think, if you had a wall, those kids wouldn't have died in the desert
If you didn't have Democrats advising illegal immigrants to bring children to get around the immigration laws you wouldn't have kids dying in the desert either.
Why no guilt Dennis? You supported the policies and rhetoric that directly lead to their deaths.
Just so I’m clear: Dems spend a year saying there is no crisis at the border. Refused multiple opportunities to do something about it. Stripped humanitarian funding OUT of the disaster relief bill. Now blaming Trump.
yup. democrats are always afforded this luxury with the media covering for them.
.they are just beaners not worth anything!!!!!
it all depends upon your perspective, denny.
just think of them as post-partum abortions and then it's really no big deal.
st think of them as postpartum abortions and then it's really no big deal.
Confirming once again you and your spawn are more useless than cramps and the goat fucker....I'm sure you are a proud R!!!!!!!
Just think, if you had a wall, those kids wouldn't have died in the desert
BWAAAAAAAAAAAAA!!!!!!!!!!!1 Such an idiot, all the time!!!!!
"If you didn't have Democrats advising illegal immigrants to bring children to get around the immigration laws you wouldn't have kids dying in the desert either.
Why no guilt Dennis? You supported the policies and rhetoric that directly lead to their deaths."
He can answer reasonably.
It has to be a topic at the debates with photo's.
Socialist Democrats love photo-ops.
It happened in Mexico?
Not the USA, correct me if I am wrong.
lo iq "anonymous"
BWAAAAAAAAAAAAA!!!!!!!!!!!1 Such an idiot, all the time!!!!!
looks like he finally did some self reflection, though I thought such a low iq person would not even be capable of that. Doubt if it helps though.
We need the Three Socialist Stooges of CHT have to pick a side. Either it is a "crisis" or its not.
Anonymous cowardly king obama said...
lo iq "anonymous"
BWAAAAAAAAAAAAA!!!!!!!!!!!1 Such an idiot, all the time!!!!!
Moron #2 arrives with typical idiotic nothings to post....How do you breathe and walk at the same time?????? BWAAAAAAAAAAA!!!!
A TRE of idiots we can count on for easy trolling!!!!!! Success again!!!
glad to see lo iq "anonymous thinks he is being a successful troll
As everyone can see he is just verifying he is the lowest iq on the planet.
And a "nothing" contributor. But very blind to the truth.
ROFLMFAO !!!
@HawleyMO
I’m sick of hearing Democrats’ “thoughts” & “sympathy” for children at the border while they do NOTHING to stop the exploitation of children day in and day out by smuggling rings and cartels. These children need more than sympathy. They need ACTION. Now.
Anonymous cowardly king obama said...
glad to see lo iq "anonymous thinks he is being a successful troll
GOTCHA AGAIN ASSHOLE!!!!!! I WIN!!!!!!!!!!!!! And once again says NOTHING!!!! His claim to fame.......LOLOLOLOLOLOL!!!
Only a real lo iq would be so desperate that he needs to post "I win" when all he does is constantly lose.
lo iq "anonymous"
Still splashing in puddles in his basement while trying to act like an adult.
ROFLMFAO !!!
Anonymous cowardly king obama said...
Still splashing in puddles in his basement while trying to act like an adult.
3 trolls and still the idiot responds....I love winning against the mentally retarded like you....>Keep posting, it sure helps prove how stupid you are!!!! BWAAAAAAAAAAAAAA!!!!!!!!!!!
3 trolls and still the idiot responds
Forgot that lo iq wouldn't realize he's talking about himself.
Lowest iq on the planet and proving it constantly.
But not realizing it. Sad.
ROFLMFAO!!!
Anonymous cowardly king obama said...
3 trolls and still the idiot responds
And now up to 4 and not a single cogent thought from the cowardly asshole.....I WIN AGANI!!!!!!! Perfect for a loser like you....without a measurable IQ!!!! BWAAAAAAAAAAAAAAAA!!!
So the mental midget lo iq tries to sneak in and get the last word.
Guess he realizes that's the ONLY WAY he can even claim he won after getting his face smashed to a pulp every time I stopped by !!!
Would be embarrassing for anyone else.
Except lo iq, he must have been the last one picked for any team in any game.
And he finishes last here too. As in life.
ROFLMFAO !!!
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