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Oculus Spirit [92736]
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Not surprising but in 5 yrs nation's debt will take 50%
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Jul 8, 2024, 9:05 PM
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Of our yearly budget which will be more than our military expenditure.
We are gonna implode sooner than later!
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All-TigerNet [14068]
TigerPulse: 100%
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Brandons only plans are more spending.***
Jul 8, 2024, 9:07 PM
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Oculus Spirit [99369]
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Or, just one more year with 9% inflation.***
Jul 8, 2024, 9:10 PM
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Heisman Winner [114625]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 8, 2024, 9:33 PM
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odd, You take Covid out of the Equation and Biden had the lowest Deficit since Clinton. Trump added more than any president in one term, ever.
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 8, 2024, 9:57 PM
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odd, You take Covid out of the Equation and Biden had the lowest Deficit since Clinton. Trump added more than any president in one term, ever.
Wrong, you were wrong on this yesterday-debt increases is NOT the same as deficits. Also, anybody can say any expenditures is COVID-how could Biden be doing COVID expenditures in 2023 and 2024-that’s right-it is not COVID expenditures
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All-TigerNet [12816]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 7:04 PM
[ in reply to Re: Not surprising but in 5 yrs nation's debt will take 50% ] |
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Just curiois, did you also deduct Trump's COVID expenditures?
U.S. Debt by year per Investopedia
Year. Debt (Trillions) Major Event
2015. $18.2 Oil Prices Down
2016. $19.6 Brexit
2017. $20.2 Debt Ceiling Incr
2018. $21.5 Tax Cuts
2019. $22.2 Trade Wars
2020. $26.9 COVID
2021. $28.5 Rescue Act
2022. $30.9 Inflation Reduct. Act
2023. $33.2 No Reason Given
So the debt went up ~ $8.7 trillion under Trump in 4 years and is up ~ $6.3 trillion under Biden in 3 years and down the stretch they come. Biden is closing fast on Trump with the Debt through June now $34.85 trillion putting Biden at $7.65 trillion. Looks Biden is going to win this one.
I supppse you appreciated those tax cuts and COVID checks under Trump like I did.
Message was edited by: saddis56®
Message was edited by: saddis56®
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 8:20 PM
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You thought he cut taxes for you? That’s cute.
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All-TigerNet [12816]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 8:28 PM
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Let's hear the Left's narrative that it was ONLY for the rich. I can read but unlike some don't believe everything CNN or the Democrats say. All I know is that it is a fact that my Federal taxes were reduced on my retirement check which gave me more money to spend. So yes, it helped me.
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 8:45 PM
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Oh you’re serious. Lmao
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All-TigerNet [12816]
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 9:07 PM
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Holy ####, it works so well on you guys
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All-TigerNet [12816]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 9:13 PM
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You have obviously have sucked down the bait.
Any way, the debt is now $35.858 trillion and climbing. Another $8 billion
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 9:43 PM
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Let's see, Trump took over a booming econonmy and handed it off in shambles.
Yeah, no thanks to more of your ####
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All-TigerNet [12816]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 9:47 PM
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Thanks to COVID. You can't even get that right. Read what I posted instead of making a smart comment in about a minute after it was posted or are afraid of the truth?
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 9:48 PM
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lol, yeah ok bud.
>afraid of the truth?
Afraid of the truth from people who believe Trump and talking snakes? yeah, shaking in my boots bud.
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 9:30 PM
[ in reply to Re: Not surprising but in 5 yrs nation's debt will take 50% ] |
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Let's hear the Left's narrative that it was ONLY for the rich. I can read but unlike some don't believe everything CNN or the Democrats say. All I know is that it is a fact that my Federal taxes were reduced on my retirement check which gave me more money to spend. So yes, it helped me.
You are correct, the increase in the standard deduction reduced most middle income earners taxes (yes I am a CPA)
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 9:58 PM
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>yes I am a CPA
1. That's scray
2. Congrats on arguing against something we aren't talking about.
Saddis thinks this tax cut was made because Trump wanted to help the middle class.
Hilarious.
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 9, 2024, 10:02 PM
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>yes I am a CPA
1. That's scray
2. Congrats on arguing against something we aren't talking about.
Saddis thinks this tax cut was made because Trump wanted to help the middle class.
Hilarious.
You questioned about his income taxes going down, your ignorance is definitely scary
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:05 PM
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>You questioned about his income taxes going down, your ignorance is definitely scary
No, I literally didn't. See what I mean, you don't even understand the conversation.
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 9, 2024, 10:10 PM
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>You questioned about his income taxes going down, your ignorance is definitely scary
No, I literally didn't. See what I mean, you don't even understand the conversation.
Wrong
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:14 PM
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lol, too dumb to follow a conversation.
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 9, 2024, 10:24 PM
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lol, too dumb to follow a conversation.
You said Trump did not cut his taxes, well he did
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:26 PM
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Jesus christ lol
You really are THAT dumb. Even Saddis was following the coversation.
I did not say that lmao
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 9, 2024, 10:37 PM
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Jesus christ lol
You really are THAT dumb. Even Saddis was following the coversation.
I did not say that lmao
You don’t know Jesus so why are you bringing him up in the conversation?
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:38 PM
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You don't either but here we are
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 9, 2024, 10:43 PM
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You don't either but here we are
I am a professed Christian, I do know Jesus and also know he does not need to be brought into this discussion. Are you a Christian? If not, why do you call on Jesus?
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:44 PM
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Sure you do, bud.
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 9, 2024, 10:46 PM
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Sure you do, bud.
Yes sir, how about you?
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:47 PM
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I only believe in the one true god
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:49 PM
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I only believe in the one true god
And that would be the father of Jesus-we agree!
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:50 PM
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oh man, it's Nicolas Cage, so close
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CU Guru [1206]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 9, 2024, 10:52 PM
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oh man, it's Nicolas Cage, so close
Don’t know why you deny Jesus as the son of God but then call for him during a disagreement, perhaps you should call for Nicholas Cage, have a good night sir!
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Rock Defender [59]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
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Jul 9, 2024, 10:54 PM
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Do you think that is calling for him?
You seemed confused.
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Athletic Dir [879]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 11, 2024, 8:12 AM
[ in reply to Re: Not surprising but in 5 yrs nation's debt will take 50% ] |
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The deficits from Trump’s tax cuts aren’t limited to one year. Every year before they expire, they add hundreds of billions to the deficit.
Now to call them Trump’s tax cuts is silly. They are actually Paul Ryan’s. Trump couldn’t even hold a meeting on infrastructure, even though he talked nonstop about it for four years.
Middle class got some tax relief, in states with low property taxes. Big proportion of middle didn’t pay federal tax before, and the rest generally don’t pay much anyway. The deficit is from cutting the taxes of upper middle and upper. The middle class benefit is mostly a myth.
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Orange Blooded [2496]
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Faux conservatives always yap about the debt....
Jul 9, 2024, 8:23 PM
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Then when in power, they cut taxes and raise spending, and debt goes up.
It was one of the early scams from conservatives, and it continues to this day.
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CU Guru [1718]
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Re: Faux conservatives always yap about the debt....
Jul 9, 2024, 8:35 PM
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I want you to think this in your mind driving home. Red lights are really green lights.
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Rock Defender [59]
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Re: Faux conservatives always yap about the debt....
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Jul 9, 2024, 8:50 PM
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Oh please he’s right. Pubs take over just in time to f up the deficit
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All-TigerNet [12816]
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Re: Faux conservatives always yap about the debt....
Jul 9, 2024, 9:55 PM
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Really?
I'm in the mood to give you a few giggles since you don't care about facts.
How Much Did President Trump Add to the Debt?
1. COVID Relief Laws & Executive Orders - $3.6 trillion as follows:
CARES Act - $1.9 trillion
Response & Relief Act - $985 billion
Other COVID Relief - $755 billion
2. Tax and Spending Laws - $4.8 trillion as follows:
Tax Cuts and Jobs Act - $1.9 trillion
Bipartisan Budget Act of 2018 - $420 billion
Bipartisan Budget Act of 2019 - $1.7 trillion
Further Consolidated Appropriations Act of 2020 - $500 billion
3. Other Legislative Action - $350 billion as follows:
Executive Actions - $10 billion
Tariffs - -$445 billion
Affordable Care Act Cost-Sharing Reductions Termination - $250 billion
Prescription Drug Rebate Rule - $205 billion
Total Debt Increase - $8.4 trillion
Total Excluding COVID Relief - $4.8 trillion
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CU Guru [1206]
TigerPulse: 92%
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Joined: 12/9/98
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Re: Faux conservatives always yap about the debt....
Jul 9, 2024, 9:56 PM
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Really?
I'm in the mood to give you a few giggles since you don't care about facts.
How Much Did President Trump Add to the Debt?
1. COVID Relief Laws & Executive Orders - $3.6 trillion as follows:
CARES Act - $1.9 trillion
Response & Relief Act - $985 billion
Other COVID Relief - $755 billion
2. Tax and Spending Laws - $4.8 trillion as follows:
Tax Cuts and Jobs Act - $1.9 trillion
Bipartisan Budget Act of 2018 - $420 billion
Bipartisan Budget Act of 2019 - $1.7 trillion
Further Consolidated Appropriations Act of 2020 - $500 billion
3. Other Legislative Action - $350 billion as follows:
Executive Actions - $10 billion
Tariffs - -$445 billion
Affordable Care Act Cost-Sharing Reductions Termination - $250 billion
Prescription Drug Rebate Rule - $205 billion
Total Debt Increase - $8.4 trillion
Total Excluding COVID Relief - $4.8 trillion
Do not confuse them with facts
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Rock Defender [59]
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Rock Defender [59]
TigerPulse: 90%
Posts: 35
Joined: 11/30/98
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Where'd you morons go? I thought we liked facts?***
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Jul 9, 2024, 10:21 PM
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All-TigerNet [12816]
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Joined: 10/18/16
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Re: Faux conservatives always yap about the debt....
Jul 9, 2024, 11:00 PM
[ in reply to Re: Faux conservatives always yap about the debt.... ] |
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Never heard of her. How long did it take to find one that fit your lies?
What have you gotten from Biden's deficit spending? At least if you're middle class and making $100K or less you're still getting about 16% savings from Trump's Tax cuts. But in your case, I'm guessing what you get in savings wouldn't buy a snickers bar.
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Rock Defender [59]
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Re: Faux conservatives always yap about the debt....
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Jul 9, 2024, 11:06 PM
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lol, so I returned with actual data and that is your response.
You guys are the worst.
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All-TigerNet [12816]
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Re: Faux conservatives always yap about the debt....
Jul 9, 2024, 11:14 PM
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Actual from whom? Some left wing hack named Taylor that wants you to sign up? He'll say anything for anyone to get a $. The government you love so much provided the data I posted. How could you even read it when you were posting stupid comments 30 seconds after I posted a long document that broke it all down. Get a real life Junior.
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Rock Defender [59]
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Joined: 11/30/98
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Re: Faux conservatives always yap about the debt....
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Jul 9, 2024, 11:17 PM
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Just to recap, I present the facts and you nope out.
Classic.
Dems get the economy going, Pubs trash it. Rinse and Repeat.
Good night moron
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All-TigerNet [12816]
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Joined: 10/18/16
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Re: Faux conservatives always yap about the debt....
Jul 9, 2024, 11:31 PM
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You're so brainwashed, you wouldn't know a fact if it bit you in the @$$. Just like a Lib, call someone a name and run because you're not intelligent enough to continue.
Oh, my bad, you must be leaving because you got the order to turn the basement lights off. Your posts tonight we're amusing and, if not the dumbest posts I've seen on TNet, a close 2nd.
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Rock Defender [59]
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Joined: 11/30/98
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Re: Faux conservatives always yap about the debt....
Jul 10, 2024, 6:52 AM
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Er what? When did I run?
I gave you the facts and you just kept bitchin.
Classic
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Athletic Dir [879]
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Hall of Famer [23636]
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One thing I have learned over 45 years of talk about the deficit and debt.
Jul 11, 2024, 11:36 AM
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Without exception:
1. The party in charge is not concerned about the debt.
2. The party not in charge is very concerned about the debt.
If Democrats are in the White House next year, Republicans will be very concerned about the debt.
If Republicans are in the White House next year, Democrats will be very concerned about the debt.
Book it.
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Heisman Winner [114625]
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Re: One thing I have learned over 45 years of talk about the deficit and debt.
Jul 11, 2024, 11:40 AM
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yeah, the Democrats seemed really concerned about Debt when Bush took us into Iraq, or when trump spent trillions on COVID relief. This one has been a 1 way street since Carl Rove invented the DC fart game during the Bush W admin.
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Athletic Dir [879]
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Re: Not surprising but in 5 yrs nation's debt will take 50%
Jul 12, 2024, 7:51 PM
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I finally checked on this. Net interest is 14% of the budget now, so I don't know how you get to 50% in 5 years.
Project 2025 is going to cut a lot of spending:
End social security - 22%
End medicare and medicaid - 26%
End civil service and military defined benefit pensions - This is long overdue, private companies can't afford defined benefit pensions any longer, and the government can't either. The transition to defined contribution pensions would be rough for many current retirees, but somebody has to pay for that border wall.
And then you have a surplus that you can give away in tax cuts to billionaires.
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