The U.S. national debt exceeded $33 trillion for the first time ever

The 'federal' government is now $33.4 trillion in debt. Soon (probably in a few weeks) it will be $34 trillion.
 
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IBDaMann said:
Lame pivot ignored.


Nope. The President has no say and is not involved except to provide documents to Congress. It would seem that you are too stupid to learn as well.


... and the topic was quite clearly the formation of the budget legislation, which doesn't involve the President in any way. You apparently don't even know that there are different branches of government. Why are you even pretending to comment on this topic?
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Hey you stupid fucking idiot...who signs all legislation in this country?
 
Into the Night said:
Presidents don't create the deficit or the debt. CONGRESS DOES.
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The budget is a bill.

In order for a bill to become law, it must pass through Congress and then be executed by the President.

It is really kind of nuts how you seem to be regressing in your knowledge here...that's to be expected because Conservatism is regression, that's why it always fails. Every time. Without exception. There has never been a successful Conservative policy because Conservatism isn't designed to succeed. It wasn't intelligently designed because the politics of regression are counterproductive to all forms of progress. That's why Conservative economies always fail; they're antithetical. Not one single merit to be found, just endless failure. So you keep regressing and regressing until you start to argue against things like object permanence and linear time.

You've basically regressed to being fooled by a game of peek-a-boo.
 
IBDaMann said:
Fortunately for all of us, I am not too lazy to provide all the correct information, and to inform you that your problem is that you are a typical, uneducated leftist dumbass who doesn't even understand the fundamental government functions on which he is forming erroneous yet highly emotionally-charged opinions

In your comments below, you clearly reveal your belief that the President determines the budget. Now that's pretty stupid. Congress holds all power of the purse. Congress determines everything about spending and budget, not the President. The President isn't even part of the Legislative Branch of government. The President heads the Executive Branch and doesn't have any say whatsoever in the making of any laws. You really should have learned this when you were young, i.e. I should not be the first person to teach you this. Nonetheless, you amazingly cite the political party of the President during the budgets in question, not the political party controlling Congress when those budgets were crafted.

Let's correct your egregious errors, shall we? (Yes, we shall!) ... and let me add that you are one stupid mofo.

Back in the day, before the DNC takeover of the RNC, when the Republicans controlled controlled Congress, there were budget surpluses and life was good!

Congress: Republican-controlled (both House and Senate)
1999: $1.863 billion surplus
2000: $236.917 billion surplus
2001: $128.236 billion surplus

Jump ahead a few years to when the Democrats seize control of Congress and start bleeding the American people so that Democrat politicians can line their own pockets as well as the pockets of their supporters:

Congress: Democratic-controlled (both House and Senate)
2008: $458.553 billion deficit
2009: $1.413 trillion deficit
2010: $1.294 trillion deficit
2011: $1.299 trillion deficit

The American people, being appalled at the rampant spending of the Democrat Congress, returned the House back to the Republicans for them to start blocking the Democrat hyper-spending and to start driving the deficit down:

Congress: Divided control (Republicans in the House, Democrats in the Senate)
2012: $1.087 trillion deficit
2013: $679.493 billion deficit
2014: $485.442 billion deficit
2015: $438.438 billion deficit


Yep, you're an undereducated, misinformed, indoctrinated leftist moron who needs other people to do his thinking for him. Have a great day.
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The federal budget IS A BILL.

In order for a bill to become law, it must pass through Congress and then is signed by the President.

This is something you should have learned when you were a child but didn't because you were homeschooled by stupid people.
 
LV426 said:
The budget is a bill.

In order for a bill to become law, it must pass through Congress and then be executed by the President.
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No, it doesn't. There is no budget bill. The President cannot sign what does not exist.
The budget is not the deficit or the issuing of any bond.
 
LV426 said:
The federal budget IS A BILL.

In order for a bill to become law, it must pass through Congress and then is signed by the President.

This is something you should have learned when you were a child but didn't because you were homeschooled by stupid people.
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No, it doesn't. You are still denying the Constitution of the United States. You are still conflating the budget with the deficit and with the debt.
 
PostmodernProphet said:
actually the OP was about O'Biden's deficit......you're the one trying to change the topic......I just corrected your math errors......
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Here is something truly mind-boggling.

America is now paying more in interest on its record $33 trillion debt than on national defence

America’s gross national debt hit an eye-watering $33 trillion for the first time in September — mere months after eclipsing the $32 trillion mark earlier in the year.

The U.S. is also currently spending more to pay interest on the national debt than it does on national defense, according to the Treasury’s monthly statement.

https://finance.yahoo.com/america-now-paying-more-interest-113000591.html
 
serendipity said:
Here is something truly mind-boggling.

America is now paying more in interest on its record $33 trillion debt than on national defence

America’s gross national debt hit an eye-watering $33 trillion for the first time in September — mere months after eclipsing the $32 trillion mark earlier in the year.

The U.S. is also currently spending more to pay interest on the national debt than it does on national defense, according to the Treasury’s monthly statement.

https://finance.yahoo.com/america-now-paying-more-interest-113000591.html
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Yeah, so those tax cuts were pretty fucking worthless, right? We have nothing to show for them.
 
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