• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

U.S. government posts $378 billion deficit in March | Reuters

I'm not much of a deficit hawk in general, but deficits should be small or nonexistent during high inflation, low unemployment, and a booming economy. This is not great fiscal policy.
 
Gatsby said:
I'm not much of a deficit hawk in general, but deficits should be small or nonexistent during high inflation, low unemployment, and a booming economy. This is not great fiscal policy.
Click to expand...

We sure have that low-tax-increase-spending in a recession down pat. But we seem to have forgotten the other side of the Keynesian model.
 
madman said:
because a "D" is in the white house even though the WH does not have anything to do with spending bills.
Click to expand...
There is an absence in leadership from the white house, even within his own party, on fiscal issues. But sure, spending bills originate in the house. Nancy Pelosi has been responsible for more national debt than any president.
 
madman said:
because a "D" is in the white house even though the WH does not have anything to do with spending bills.
Click to expand...
because its important . Bush started the debt and every president and congressman have added to it. Has noting to do with democrat or republican but debt . We owe over 32 trillion dollars where's that going tom come from and what happens when we can not borrow any more think about it .
 
dcsports said:
There is an absence in leadership from the white house, even within his own party, on fiscal issues.
Click to expand...

Projection.

www.cnbc.com

Biden budget would cut deficit by $3 trillion over next decade with 25% minimum tax on richest Americans

Biden proposes to impose a minimum tax of 25% on the rich, hike taxes on oil and gas companies and raise the corporate tax rate from 21% to 28%.
www.cnbc.com www.cnbc.com
www.axios.com

House’s no-show budget plan fuels GOP Wild West

House Republicans from every ideological caucus are attempting to shape negotiations.
www.axios.com www.axios.com
 
A Linoge said:
www.reuters.com

U.S. government posts $378 billion deficit in March

The U.S. government recorded a $378-billion budget deficit in March as outlays outpaced revenues, the Treasury Department said on Wednesday.
www.reuters.com www.reuters.com

How long will our idiot law makers keep spending like this ?
Click to expand...
"Omnibus"! "Comprehensive" x, y and z!

No true budget process in over a decade. Pathetic.
madman said:
because a "D" is in the white house even though the WH does not have anything to do with spending bills.
Click to expand...
OP does not mention party. "Law makers" are referenced.
 
dcsports said:
There is an absence in leadership from the white house, even within his own party, on fiscal issues. But sure, spending bills originate in the house. Nancy Pelosi has been responsible for more national debt than any president.
Click to expand...
your opinion is noted and tossed to the side. For the fun of it, let's just pretend that an R president and R legisliators dont have a spending problem, ok?
 
A Linoge said:
because its important . Bush started the debt and every president and congressman have added to it. Has noting to do with democrat or republican but debt . We owe over 32 trillion dollars where's that going tom come from and what happens when we can not borrow any more think about it .
Click to expand...
So important you did not even bother to learn about it? Hint: the debt was around before Bush…
 
A Linoge said:
because its important . Bush started the debt and every president and congressman have added to it. Has noting to do with democrat or republican but debt . We owe over 32 trillion dollars where's that going tom come from and what happens when we can not borrow any more think about it .
Click to expand...
clean up your own house first before lecturing others on how to spend/cut.
 
madman said:
your opinion is noted and tossed to the side. For the fun of it, let's just pretend that an R president and R legisliators dont have a spending problem, ok?
Click to expand...
That's reality. 'toss it to the side' if you wish.

Have republicans been perfect? Absolutely not. But they've at least made some attempt at restraint.
 
Sees like a political forum would be a good place to discuss tax reform with intent to resolve the issue without letting political party become the primary issue.
 
Gatsby said:
I'm not much of a deficit hawk in general, but deficits should be small or nonexistent during high inflation, low unemployment, and a booming economy. This is not great fiscal policy.
Click to expand...
100% agree. Raise taxes (probably by a lot) and lower spending
 
Redress said:
So important you did not even bother to learn about it? Hint: the debt was around before Bush…
Click to expand...
if you looked I mentioned bush but the debt was small in the past
madman said:
let's not kid ourselves. He wouldn't have made this tread if an R was in office now.
Click to expand...
O yes I would . we are running up debt we can not pay. All politicians are guilty .
 
dcsports said:
That's reality. 'toss it to the side' if you wish.

Have republicans been perfect? Absolutely not. But they've at least made some attempt at restraint.
Click to expand...
Both sides have made attempts. Let's not be partisan here.
 
dcsports said:
That's reality. 'toss it to the side' if you wish.

Have republicans been perfect? Absolutely not. But they've at least made some attempt at restraint.
Click to expand...

That is simply not the case. Republican Presidents, when they have the House and 50 in the Senate, cut taxes almost immediately. Even during expansions.
 
Bok Tuklo said:
That is simply not the case. Republican Presidents, when they have the House and 50 in the Senate, cut taxes almost immediately. Even during expansions.
Click to expand...
Talking about spending. It's a spending issue.
 
The procrastinators pay taxes in April and other people pay them in January. This is a pretty normal situation.
 
You must log in or register to reply here.
Back
Top Bottom