Does the House GOP have any understanding of the debt ceiling and its consequences?

The tax cuts were the single biggest factor in Trumps $8 trillion deficit. Larger than the monies spent on Covid. Try google, sweets!

That's a dumb lie halfwit. After their passage, revenues continued going up. Here's the data dumbass:

President Trump signed the Tax Cuts and Jobs Act of 2017 (TCJA) into law on December 22, 2017. Most of the changes took effect on January 1, 2018

Revenue 2018: $3,329.9 trillion
Revenue 2019: $3,463.4 trillion
Revenue 2020 COVID: $3,421.2 trillion
Revenue 2021: $4,047.1 trillion

So stop bloviating that moronic DNC lie. We don't have a revenue problem in this country. We have a SPENDING problem. :palm:

https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary
 
That's a dumb lie halfwit. After their passage, revenues continued going up. Here's the data dumbass:

President Trump signed the Tax Cuts and Jobs Act of 2017 (TCJA) into law on December 22, 2017. Most of the changes took effect on January 1, 2018

Revenue 2018: $3,329.9 trillion
Revenue 2019: $3,463.4 trillion
Revenue 2020 COVID: $3,421.2 trillion
Revenue 2021: $4,047.1 trillion

So stop bloviating that moronic DNC lie. We don't have a revenue problem in this country. We have a SPENDING problem. :palm:

https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary

Donald ran up a $8 trillion deficit. Be proud of failure
 
Donald ran up a $8 trillion deficit. Be proud of failure

Maybe explain to truth detector that the accepted measurement of tax revenue as a percentage of GDP. Do you think tax revenues as a percentage of gdp went up or down after the trump tax cuts? Anyone? Lil bullshitter?
 
Maybe explain to truth detector that the accepted measurement of tax revenue as a percentage of GDP. Do you think tax revenues as a percentage of gdp went up or down after the trump tax cuts? Anyone? Lil bullshitter?

Where do you think they are now halfwit? God you leftists are the dumbest, most dishonest hypocrites on the planet. Anyone who voted for Biden should just STFU forever. Wow.
 
When Joe Biden was sworn in as President of the United States on 20 January 2021, the U.S. national debt stood at $27.76 trillion.

Today that debt is at 31.81 trillion. That's $4.05 trillion in less than two years. With a looming recession we are looking at the possibility of massive trillion-dollar deficits over the next four years and more. NO President has spent so wantonly at such a fast pace in history.

No one from the maggot left should be whining about deficit spending. Most of the deficit spending during Trumps presidency occurred with Democrats in charge and during a global pandemic.

Deficits under Trump:

2017: $665.4 Billion
2018: $779.1 Billion

Democrats take over both the House and the Senate

2019: $983.6 billion

Covid hits

2020: $3,129.2 trillion

Biden takes office:

2021: $2,775.3 trillion
2022: $1,415 trillion Estimate
2023: $1,153.9 trillion Estimate
2024: $1,200.8 trillion Estimate.

https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary

Trumps first two years: $1,444.5 trillion.

Bidens first two years: $4,190.3 trillion. No one spends like Democrats and Biden. Perhaps Republicans can save him from having the worst record in history without a Covid pandemic.
 
When Joe Biden was sworn in as President of the United States on 20 January 2021, the U.S. national debt stood at $27.76 trillion.

Today that debt is at 31.81 trillion. That's $4.05 trillion in less than two years. With a looming recession we are looking at the possibility of massive trillion-dollar deficits over the next four years and more. NO President has spent so wantonly at such a fast pace in history.

No one from the maggot left should be whining about deficit spending. Most of the deficit spending during Trumps presidency occurred with Democrats in charge and during a global pandemic.

Deficits under Trump:

2017: $665.4 Billion
2018: $779.1 Billion

Democrats take over both the House and the Senate

2019: $983.6 billion

Covid hits

2020: $3,129.2 trillion

Biden takes office:

2021: $2,775.3 trillion
2022: $1,415 trillion Estimate
2023: $1,153.9 trillion Estimate
2024: $1,200.8 trillion Estimate.

https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary

Trumps first two years: $1,444.5 trillion.

Bidens first two years: $4,190.3 trillion. No one spends like Democrats and Biden. Perhaps Republicans can save him from having the worst record in history without a Covid pandemic.

Much like LBJ back in the 60's--Apparently where Joke is mired mentally today--Biden spends like a teenage girl with daddy's credit cards on the idea that if government spends enough money, the economy will grow and that spending will be returned in tax revenue. It's an insanely wrong idea. Government is the single worst way to do anything and should be the last, not first, resort. Yet, the Democrats have adopted the radical Leftist ideas of Socialism and now think that government is the fountain of all that is good and worthwhile for the economy.

It's a fool's errand, and they are trying damn hard to be the biggest ones in history...
 
Much like LBJ back in the 60's--Apparently where Joke is mired mentally today--Biden spends like a teenage girl with daddy's credit cards on the idea that if government spends enough money, the economy will grow and that spending will be returned in tax revenue. It's an insanely wrong idea. Government is the single worst way to do anything and should be the last, not first, resort. Yet, the Democrats have adopted the radical Leftist ideas of Socialism and now think that government is the fountain of all that is good and worthwhile for the economy.

It's a fool's errand, and they are trying damn hard to be the biggest ones in history...

Indeed! :thumbsup:
 
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