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  1. #1
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    Default National debt hits historic $20 trillion mark

    https://www.cbsnews.com/news/nationa...trillion-mark/



    "The U.S. national debt reached $20 trillion for the first time ever last Friday after President Trump signed a bipartisan bill temporarily raising the nation's debt limit for three months.

    While at Camp David, Trump, with the stroke of his presidential pen, increased the statutory debt last Friday by approximately $318 billion, according to the Treasury Department.

    The $318 billion increase raised the U.S. national debt to $20.16 trillion by Friday. Since Trump's inauguration, the debt has increased about $215 billion from around $19.94 trillion."


    Wasn't one of the Trump's campaign promises to decrease or wipe out the national debt? Or is the debt not important anymore?

    Now, with increased military spending and decreased income tax on higher earners it's gonna be hard to do that. They'll have to massively increase taxes on you guys or pretty much stop other programs. Maybe all of them?

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  3. #2
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    i am the king of debt
    -trump
    this post is coming from inside your house.....

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  5. #3
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    Will President Trump take full credit for that figure?
    =====

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    Default

    Over at Fox news, the headline in the 'politics' section is a story about Benghazi.

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  9. #5
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    Quote Originally Posted by tnt View Post
    Over at Fox news, the headline in the 'politics' section is a story about Benghazi.


    So predictable!

    So pathetic!

    =====

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    Quote Originally Posted by CaughtInTheMiddle View Post
    https://www.cbsnews.com/news/nationa...trillion-mark/



    "The U.S. national debt reached $20 trillion for the first time ever last Friday after President Trump signed a bipartisan bill temporarily raising the nation's debt limit for three months.

    While at Camp David, Trump, with the stroke of his presidential pen, increased the statutory debt last Friday by approximately $318 billion, according to the Treasury Department.

    The $318 billion increase raised the U.S. national debt to $20.16 trillion by Friday. Since Trump's inauguration, the debt has increased about $215 billion from around $19.94 trillion."


    Wasn't one of the Trump's campaign promises to decrease or wipe out the national debt? Or is the debt not important anymore?

    Now, with increased military spending and decreased income tax on higher earners it's gonna be hard to do that. They'll have to massively increase taxes on you guys or pretty much stop other programs. Maybe all of them?
    Wait. Didn't Obama double the national debt? And the entire time he was in office ya'll remained totally silent. And now all of the suddent you care? Give me a break.You only care when a republican is in office. This is totally dishonest.

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  14. #7
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    Quote Originally Posted by LouC View Post


    So predictable!

    So pathetic!

    And over at MSNBC, CNN it's back to Russia

    SO pathetic

    So predicatable.

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    Thank you President Trump. We love the smaller government with the resulting shrinking national debt you have brought us.
    Hurricane Donald is now a Category 5. Please take all proper safety measures.

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  19. #9
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    Quote Originally Posted by tnt View Post
    Over at Fox news, the headline in the 'politics' section is a story about Benghazi.

    and...

    "White House considers dropping refugee quota to 1980 level"

    "Martin Shkreli apologizes for $5G offer for Hillary Clinton's hair"

    "Is it time to open an investigation into Comey?"

    "What it's like to be smeared by Southern Poverty Law Center"

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  21. #10
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    Just do a Chapter 11, and we'll be fine. Wait, you can't do that? Who knew debt was so complicated?

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  23. #11
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    Quote Originally Posted by altair1013 View Post
    Wait. Didn't Obama double the national debt? And the entire time he was in office ya'll remained totally silent. And now all of the suddent you care? Give me a break.You only care when a republican is in office. This is totally dishonest.
    uh...

    http://forums.hannity.com/showthread...highlight=debt

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  26. #12
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    Quote Originally Posted by altair1013 View Post
    And over at MSNBC, CNN it's back to Russia

    SO pathetic

    So predicatable.
    At MSNBC and CNN

    Hurricane Harvey and Irma's Aftermath.
    Jobs reporting, record number are unfilled.
    Flynn's failure to disclose Saudi=Russian deal.
    White House response to Clinton's book.
    Sarah Huckabee's remarks on Comey.
    Fact checking Trump's coal mining claims.
    Russian Facebook links.
    Trump dines with Democrats hoping to further his agenda.
    Trump voter fraud lies.
    Rand Paul denying current wars have anything to do with 9/11.

    Just some of the top stories being covered at CNN and MSNBC
    =====

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  28. #13
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    Quote Originally Posted by CaughtInTheMiddle View Post
    Excellent. But that's you. Mainly it's been across the board dead liberal silence as Obama doubled the national debt. Your thread is legit.

    Rand Paul wants to cut foreign aid in order to fund hurricane relief. I like the idea. We are flat dead broke. We cannot afford to fund other countries at this point. What do you think?

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    Quote Originally Posted by altair1013 View Post
    Excellent. But that's you. Mainly it's been across the board dead liberal silence as Obama doubled the national debt. Your thread is legit.

    Rand Paul wants to cut foreign aid in order to fund hurricane relief. I like the idea. We are flat dead broke. We cannot afford to fund other countries at this point. What do you think?
    Foreign aid is at about the 50 billion mark. Even if you cut every penny for the year, it wouldn't come close to paying for the hurricane relief in Texas, let alone Florida.

    And of course it means you lose all the diplomatic leverage in the process. China, India and others will happily take up the slack on the bribing front. As that is essentially what much of foreign aid is.

    Seems like the spending problem is going to get worse under a Republican WH, House and Senate. Not better.

    Much as Ryan wants to destroy social security, medicare and medicaid to bring down expentidures, it doesn't look like he can get the rest of the Republican party to sign on.

    And with tax cuts not needing to be revenue neutral (per the WH and freedom caucus), military spending going up, and a massive infrastructure bill..
    Last edited by MoleUK; September 13th, 2017 at 8:09 am.

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  34. #15
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    Quote Originally Posted by CaughtInTheMiddle View Post
    ...

    The $318 billion increase raised the U.S. national debt to $20.16 trillion by Friday. Since Trump's inauguration, the debt has increased about $215 billion from around $19.94 trillion."


    Wasn't one of the Trump's campaign promises to decrease or wipe out the national debt? Or is the debt not important anymore?

    ...
    Yes, one of Trump's promises was to wipe out the debt. It was one of many impossible promises he made.

    The fact that he hasn't wiped it out yet doesn't mean that it's not important. But so far I haven't seen much to change my opinion that he's never going to change our federal spending deficit, never mind our debt.

    All the same, I still prefer him for President than Hillary. (Or any Dem!)
    ... deliver us from evil.

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