Topic: Congrats, GEOTUS Trump: new record 1st quarter budget deficit!
Posted by .
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The FY2020 Q1 budget deficit was $356.6B, an 11.7% increase from a year ago.

That's how much NEW debt the Treasury had to sell last quarter, in addition to rolling over everything that came due from past years.  And you wonder why the fuck the Fed is flooding the repo market to "buy" Treasuries and inject liquidity?


Posted by .
Unregistered


I taught him everything I know about deficits.
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:Obama:


Posted by .
Unregistered


But what about Obamer???
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:doublewide:


Posted by .
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Congress is the spender, President can't spend a dime without their authorization.


Posted by .
Unregistered


. said: Congress is the spender, President can't spend a dime without their authorization.

 Except for Obamer, it was his fault!
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:doublewide:


Posted by .
Unregistered


Jan 2017 to Jan 2019:  Republican Senate, House and President.

Record budget deficits


Posted by .
Unregistered


. said: Jan 2017 to Jan 2019:  Republican Senate, House and President.

Record budget deficits

 Fixed false beliefs:

Trump is a fiscal conservative

Trump will get us out of the Middle East



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